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CARDANO - SHORT TO 0.98320, THEN 0.82740Here is my idea on ADAUSDT. Here is a double top (M pattern) in play. First I expect price to sell to 0.98320. If it then breaks the neckline downward, I expect price to fall to 0.82740. The yellow horizontal lines are the major support and resistance levels price may encounter when moving in the trend. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
Short
by PetrockFxTrading
3
ADA is now Live on Coinbase 👌 (Our Target Prices)Hi Everyone, Ada is now finally live on Coinbase. That's only GREAT news. Some of you asked me for take profit targets so here is my updated chart and the price targets : 1.35 1.54 2 ..and then higher By default, our strategy is to take profits gradually. Try to do the same it really helps your psychology to work for you when you implement such a plan to take profits along the way but also to ALWAYS leave some part as a long term investment. Just keep it for ever! Never cash out completely (even if ada makes it to 2, don't sell all of it but do sell most of it). This is something we have developed and it works for us, why not for you too. Keep in touch for a lot more
Long
by FX_Professor
3
ADA Cardano - Our Updated ChartHi everyone, what a boring Friday yesterday was, let's hope we get to see the good kind of volatility this weekend again (Up North - in the Green). Our favorite asset ADA Cardano after another fantastic week has been taking a break, lying on the new support at this very moment. As much as a dip/correction can never be crossed out. especially close to all time highs, we remain moderately optimistic that we can expect a further rise. On the chart you will find 3 short and mid-term target levels. Price is on support so if you use stop losses you can always have a tight (close) one right below this support level. Let's go ADA, you deserve higher. My best wishes for a nice weekend. Lockdown is over here so finally time to have a nice lunch and dinner at a restaurant and enjoy the sunny weather over here. Somehow Shisha is not allowed, not sure how or why it affects Covid but I guess 'it is what it is', shisha or no shisha remember to have good times with the people who matter. That comes second cause health comes first.... trading and money come third. the FXPROFESSOR
Long
by FX_Professor
9
Healthy future for ADA Cardona coming aheadHello friends, Cardano is going though an ascending triangle were there is only one way out witch is upwards for the near future. However for the near term we are experiencing a bounce up towards the 1.38. I expect from there to revisit the 1.07 area to fill the lower gap from the recent 40% gain we had (we filled the upper gap already). Once we filled that gap, ADA shall continue it's way upwards not necessarily straight up within that ascending triangle until we have breakouts through the 1.50 resistance and BOOM! Cardano is very very bullish, for the long term investment you are the winner here, as I expect ADA to reach the $3 range in the next 2 months. Trade at your own risk.
KRAKEN:ADAUSDLong
by PatrickHob
12
ADA 40% up, NOW what? Just be careful it could go either way!Cardano ADA was beautifully rise up 40% with no hiccup. 2 scenarios are waiting for us A or B. I do believe that B is more likely, but with all the hype is going about ADA we could have A in place. First in trading stock, I always afraid from sell the news!!! I mean the listing on Coinbase pro. The hourly chart showing us that we have formed a steep ascending wedge, usually that the price will breakthrough down not up, the squeeze momentum indicator showing a bearish divergences so far. Things to watch, If ADA don't hold the 1.32, we have a 3 support lines to watch 1.27, 1.24 and 1.07 before the trend reverse again and continue upwards. It could happen very much that we may have to revisit the 1.07 area to fill the gap been created for this runs up. Scenario A it could very well happen if we breakthrough from where we are now 1.38 range knockdown the barrier of resistance 1.50 than the road is clear to at least $1.65 - $1.75 I myself sold half of my positions now and waiting to see what scenario is going to play before I buy again. !.32 is very important to hold, and 1.45- 1.48 is very important to knock down. I'll try to keep you updated through the process as much as I can. Trade at your own risk.
KRAKEN:ADAUSDLong
by PatrickHob
6
Cardano bullishCardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair. Cardano was founded back in 2017, and the ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software. The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity. Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods. The live Cardano price today is $1,24 USD with a 24-hour trading volume of $9.543.999.443 USD. Cardano is down 4,65% in the last 24 hours. The current CoinMarketCap ranking is #4, with a live market cap of $39.587.339.055 USD. It has a circulating supply of 31.948.309.441 ADA coins and a max. supply of 45.000.000.000 ADA coins. Cardano was founded by Charles Hoskinson, who was also one of the co-founders of the Ethereum network. He is the CEO of IOHK, the company that built Cardano’s blockchain. Yesterday came the great news that we were all waiting for, to include cardano in Coinbase Pro.The price has risen from 1 dollar to 1.25 $ thanks to this news. I have drawn a visual graph with comments, to get an idea of ​​how the price is going to behave in my opinion, and how far it will go at least this year. Always where the price retests, it is the ideal area where you have to accumulate more tokens. If this graphic has helped you, I would appreciate a like / comment.
BINANCE:ADAUSDLong
by scam2nft
7
ADA breakout in the next few hoursyou are seeing the 4hr chart, clearly we have a huge descending wedge on the verge of breakout, Also we have a small descending wedge been created last few hours within and near the end of the larger descending wedge. The small wedge will breakout next few hours will give the momentum to the larger wedge to breakout as well. I expect a breakthrough to 1.20, a pull back to 1.12 and continuation towards the 1.38. I think the lowest we can go now is 1.05 before this happen. Please trade at your own risk.
KRAKEN:ADAUSDLong
by PatrickHob
5
ADA double bottom, false breakout, symmetrical triangle!Hello traders, We are looking at the 1 hour graph of ADA. As we can see, the graph is forming a double bottom within a symmetrical triangle. Which could signal a reversal. Furthermore. The power of a double top / bottom can be intense. However, in terms of reliability, more value is generally attached to a head-shoulder formation. Remember traders, no model is perfect. Fortunately, otherwise there would be no market. This is not financial advice, I am not an financial advisor. Make sure that your decision is the product of your own conclusion. Leave a comment Thanks. (my previous analysis were uploaded with private tag, lol)
KRAKEN:ADAUSDLong
by Aroundthesun