Cardanousd
Cardano HYPE!Cardano has performed extremely well over the past few weeks
Currently on the BTC pair price is perched above 2.618 on a medium term fib circle trend
Price movement has been relatively flat however when compared to the USD pair
I expect the USD pair to move up to the nearest fib challenge of 3.618 within the circle
Assume a buy scenario
Green circles are areas of support
Red circles are areas of resistance
💡Don't miss the great buy opportunity in ADABUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.9790).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1100
TP2= @ 1.2000
TP3= @ 1.3090
TP4= @ 1.4200
TP5= @ 1.5600
TP6= @ 1.7000
SL= Break below S2
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💡Don't miss the great buy opportunity in ADABUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.9790).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1100
TP2= @ 1.2000
TP3= @ 1.3090
TP4= @ 1.4200
TP5= @ 1.5600
TP6= @ 1.7000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ADA Cardano: Where to next? Come Learn With MeCome Learn With Me:
Cardano seems to be moving sideways - where is it going next?
This Channel is for sharing what I learn as I learn it - if you're learning as well, join in and share your thoughts in the comments below.
Not Financial Advice, for I am merely a clown.
Phoenix Ascending and Bad Ass Bollinger Bands by @WyckoffMode
💘 Happy Valentines Ada - I have a crush on you 💘 💐This project, is not just better than Ethereum, it's a fantastic technology run democratically by fantastic people, built on fantastic values.
My new favorite cryptocurrency. I promise to come with a new video soon and explain all the findings.
For now you can get more info from google, or this boring friend or this very nice finding.
At the end of the day the scams will blow, the best technologies will thrive. Cardano is in the second category.
Cardano is not just a coin, Cardano is Math and art:
Gerolamo Cardano was an Italian polymath, whose interests and proficiencies ranged through those of mathematician, physician, biologist, physicist, chemist, astrologer, astronomer, philosopher, writer, and gambler
Ada King, Countess of Lovelace was an English mathematician and writer, chiefly known for her work on Charles Babbage's proposed mechanical general-purpose computer, the Analytical Engine. The first algorithm. She was daughter of Lord Byron!! wow
Ouroboros is ancient Greek magic, eternity.
Whoever is creating this, is not just technologically advanced but also stands for values. Cardano is an amazing project and I foresee a great future for it. It already stands out.
and keep in touch, because Voltaire is coming up this year to make this price FLY!!
Happy Valentines day CARDANO 💘💘💘💘💘
Cardano - summer surveys.The truth is that Cardano has been on a spectacular rise since the beginning of the year. Right now and according to the idea we are in the middle of a fibonacci level of 2.618 since the last big drop that occurred in May 2018.
Since the RSI is quite overbought there is a high possibility that the pair will correct in the next few days. Let's hope it respects the lower ideal consolidation zone, above $ 0.58.
On the other hand and in a broader weekly view we also see the RSI (91) overbought. Signal that would make us confirm that possibility of a downward correction.
If some strength is left to this relatively long movement, at least it is to touch $ 0.93 and hopefully also to consolidate in that area.
What are your thoughts? Thanks for your support!
Cardano (ADA) tradeThe weekly candle here has shown the strength of ADA is not decreasing, indeed it seems to really want to break this resistance that it has not seen for more than two years, here in my opinion there is the margin to make a trade in long with a stop at -30% around 22 cents, with r / r 1/3 and a minimum target of 60 cents, but I don't want to have a price target, but I put a time target which is 2 months from now. Weekly updates will follow.
If you liked this analysis and you want to help me improve and continue in my work, donate to this address:
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CARDANO - Ethereum's main competitor The Ethereum killer as some name it. It's technology seems to be gaining more and more fanatics in the crypto space.
Ethereum 2.0’s ‘science is not good,’ says Cardano’s Charles Hoskinson , as Cardano Gets Closer to Goguen Era after the successful rollout of the Goguen “Mary” update
(the one of two hard forks that will allow Cardano to transition).
i think we picked a winner again..
(Thanks Jose)
Cardano Fast TradeAda is strong right now. a medium short term fast trade is possible but always keep an eye on BTC and invest wisely % to rebuy in case of dip.
Manage yourself to win !
Buy zone 1 : 0.3501
Buy zone 2 : 0.3226
Strong Rebuy : 0.3
TP1 : 0.498
TP2 : 0.645
Stop Loss : 0.295
Happy Tr4Ding !
ADA price target 0.64 USD short term!After ADA breaking a key resistance at 0.40 USD the new price target based on the height of the pole before the bullish pennant out of which it broke today, the new price target for ADA will be 0.64 USD!
Feb is a big month with possible launch smart contracts!
See my previous spot on break-out analysis in 'related ideas'.
$ADAUSD - ABCDE pattern completion and next targetHi guys! 👋🏻
🔔 Cardano is one of the top gainers this year gaining nearly 84% this year only and hitting a new all-time-high at $0.397412. As many analysts and cryptocurrency researchers suggest that the DeFi boom this year will be greater and make a greater noise, Cardano with its Shelley upgrade and DeFi transition is surely one of the altcoins to watch.
🔔ADA/USD has formed a triangle, and is still in an uptrend channel. With sellers puch the price lower and buyers pushing the price higher, the pair could go either way, although continuation of the uptrend is most likely. The uptrend continuation is backed by MACD and RSI indicators. The MACD line already corssed the signal line,and EMA50 and MA100 resistances are currently being tested as support.
🔔 The triangle pattern usually signals the ABCDE correction based on the Elliott Wave theory and is a trend continuation pattern. However, to make sure that the price action follows the rules of Elliott waves, it is highly recommended to use Fibonacci retracement tool. As seen on the chart below, previous retraces of the uptrend ended near the 0.786 Fibo, which means that the bearish trend is not yet confirmed and that buyers need a deeper correction to regain their purchasing power.
🔔 The same is spotted on the reversed trend, each uptrend of the previous correction ends at 0.786 Fibo, means that sellers too look for the best price to sell and are acting rather confident rather than cautious. For this pair, watch the $0.350500 level very closely as it’s a Fibo 0.786 level and the upper edge of the triangle. After the testing of the upper edge, it’s expected that the pair will go down once again to complete the wave E and breakout from the triangle. When the triangle breakout is confirmed watch for resistances at $0.368600 - $0.370000.
🔔 For the long-term, I'd target $0.47000
✊🏻 Good luck with your trades! ✊🏻
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