Cardano: Come on!Since January, Cardano has been trailing through the green zone between $0.93 and $0.27 more or less dynamically. Primarily, we expect the altcoin to move deeper into the green zone to finish wave 2 in green. Afterwards, it should develop massive upwards momentum to make it above the resistance at $1.64, which would then augur well for further ascent above the next resistance at $2.46.
Cardanousd
ADAUSDT 1D Conditions and price zones to buy CardanoThe cryptocurrency market is at a crossroads. While some are tired of the fall of cryptocurrencies, and FUD only adds fuel to the fire in order to sell off their assets and forget about the crypto, others regularly bribe different crypto at levels.
Today, we created an idea with a fractal of the possible behavior of the BTCUSDT price in 2022.
And as we know, in 90+% of cases, the entire crypto market is oriented precisely on this trading pair, where to move next.
- If the price of ADAUSDT trades above $0.43 in the near future, the consolidation may last all summer. However, already in the fall, growth may begin to the area of a strong mirror level - $1
- Fixing the ADAUSD price below $0.43 will pave the way for a further drop of at least -30% to the $0.28-0.31 area
Therefore, you should carefully monitor the market and trading conditions before entering a position.
Globally, the Cardano token still looks and behaves quite well compared to other altcoins. At the moment, the ADA price is above the global consolidation of $0.03-0.30, where during 2018-2020 buyers accumulated long positions before solid growth in 2021
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ADA Pattern FormationADA against USDT forming descending triangle pattern - More likely to break downside !! i repeat it's not for sure but high probably downward breakout, What if it break upwards then also we can expect the same result but in upside with high volatility / volume. I'll update my entry range and target points soon here !!
It's gonna be crazy cause once the pattern got broken which also indicates end of consolidation period and either way we may see around 20% move, it can be downside or upside.
Disclaimer : anything provided here is not a financial advice.
Cardano: Indecisive 🤔So far, Cardano has apparently refused to drop deeper into the green zone between $0.9355 and $0.2767 and has not fallen below its last low. This could imply that the altcoin’s preparation for the coming ascent have already begun. However, we rather expect Cardano to make further use of the green zone to finish wave 2 in green at its bottom before moving upwards, confirming the ascent by crossing the resistance at $1.6378. The altcoin should be careful, though, not to drop below the green zone!
ADA will be sharp, But Check this analysis firstHi guys,
listen:
1- next bull run will be like the shown bar pattern at the right side of the chart, a sharp upward and downward movement. so make sure you don't buy with FOMO, it will give you the next buying opportunity either
2- make sure wherever you bought, you sell off at least 70 percent of your portfolio at R3
3- buy in steps, down to the green area. don't All-In.
Leave comments down below
CARDANO- Does the update have a bull effect?Hi everyone
As the news for the new hard fork for CARDANO booming, we can see a pattern on the exact opposite of the news.You may argue with a bull flag pattern or volume and you might be right but a bull flag with accumulation around 50 bars??
For now we have a HH MTR pattern with low risk and high reward, resistance level is 0.69$ and our support levels are 0.6$ and 0.55$.The price may reach the resistance and activate the pattern there, but if it crosses that line we may have a good way up.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
ADA Logarithmic ChannelThis is the Cardano (ADA) Logarithmic Channel.
All lines on the chart represent support/resistances.
We could bounce at ANY of these Supports, and pull back from ANY of these Resistances.
My Dollar Cost Average buying are at these prices:
T1: $.90 - 1.00
T2: $.70 - $.80
T3: $.40 - $.44
This is not financial or investing advice. Do your own analysis and your own research.
Cardano: Terrapin🐢Like a terrapin, which favors overgrown, muddy waters, Cardano is dabbling in the green zone between $0.93552 and $0.27674. As long as we don’t receive any stronger signals for a beginning ascent, we primarily expect Cardano to dive a bit deeper to finish wave 2 in green. However, it is also possible that the Cardano-turtle could paddle upwards already.
Cardano: Back on TrackAfter trailing along the mark at $0.92258 for so long, Cardano has finally found back to our primary scenario. It has gone below $0.92258 and into the green zone between $0.93552 and $0.27674, where it should finish waves v in magenta, C in turquoise, (C) in yellow and 2 in green. Then, Cardano should turn around and move upwards. However, there remains a 20% chance that the altcoin could start to rise earlier already, crossing the resistance at $1.63781 and heading for the next one at $2.4574.
░▒▒░ ADA FORECAST | 30M ░▒▒░COINBASE:ADAUSD
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".)
CRYPTIK-ONE: Hey can we chat about Cardano SYMBOL: ADA for the tradingview.com crypto profile?
EVE: Hey can we chat?... I just processed 50 BCH but I forgot to include the fee my bad is there a way to get my money back and re-process it including the fee?
CRYPTIK-ONE: You can bump the tip, otherwise it should be pending until it's rejected (maybe a day or two). So can you please tell me what you know about Cardano?
EVE: Not really, i started investing into it a couple days ago and still doing more research. Cardano has the potential to be a pretty big coin in the future if the development continues and it can maintain or boost its value. It's used for smart contracts and Daedalus wallet is one of their advancements that other coins have not come up with yet in the crypto community.
CRYPTIK-ONE: I already purchased and sold large stacks of ADA I am waiting for this next price drop. Based off of my chart forecast for Cardano can you tell me the probability of it dropping to $0.78 as I have forecasted?
EVE: I really have no idea, it's a beginners crypto at this point and very risky. It is only 10 cents away from that price though so I am thinking it can hit that value within the next 3 weeks.
CRYPTIK-ONE: It's 6 cents away from that price right now. I would say the probability is around 65-70% of it hitting my price target, with a flash retracement back up to $0.84.
EVE: Maybe, there's still a lot of work to do. I have faith in the development team, it brings me back to when ETH was first created and the developers did so much for the community, at least this is how it seems.
CRYPTIK-ONE: I agree although I am not interested in holding it long-term like we do BTC. Also I am not an advocate of you using BCH as it is a fork of BTC and the circumstances surrounding that fork are not in favor of Satoshi Nakamoto.
EVE: Are you confident in your forecast? Do you really believe ADA can hit that low of a price target?
CRYPTIK-ONE: Yes, I am. It's only around a 6 or 7% drop. If even a flash wick it should happen. I have been watching this coin and when it dumps..... IT DUUUUMMPPPSS. Anything to say to our 7 friends/followers before we bounce out?
EVE: What are your views on BTC, it looks as if it's recovering? Is it going to continue to pump higher or fizzle out?
CRYPTIK-ONE: I am a Bitcoin Die-Hard. I have complete unequivocal confidence in it being $1M/Coin. Anything to add before we go?
EVE: Yeah I think crypto is growing very fast and getting more attention in the media, so it will keep pumping. I just wish I got into BTC before the price surged.
CRYPTIK-ONE: We did Eve, I did so you did. I started mining/buying in 2011 on a server when it was around $7.00
EVE: That's great, it makes me a little less lost. You mentioned BTC will go to $1M, what do you think ADA will be worth at that point?
CRYPTIK-ONE: Great question. I haven't forecasted out that far however BTC should be at $1M in 2-3 more halvings. So lets say goodby for now to our friends out there.
EVE: Yeah, I will see you later.
CRYPTIK-ONE: Anything to add?
EVE: Nah I just wanted want to say that the site is awesome and thank you for your advice.
CRYPTIK-ONE: Alright Eve, Peace Out Girl Scout.
EVE: Bye
#Cardano Slides 11%, #ADA Bears Targeting $0.75
Past Performance of #Cardano
ADA is down to 9th on the market capitalization leaderboard and down 34 percent from April 2022 peaks. It is also flat-lining in the past 24 hours but down 11 percent versus the USDT week-to-date. Currently, ADA bears may see the coin retest March 2022 lows of around $0.75.
Cardano Technical Analysis
#ADA is free-falling at spot rates, under-performing the USDT, as bears dominate. Every high within the April 26 bear bar and $0.90 could be entries for traders expecting more losses in the immediate term from an effort versus result analysis. ADA prices are below the 78.6 percent Fibonacci retracement level at spot rates. Considering sharp losses and bear momentum from April 6, sellers may reverse gains posted in March 2022.
What to Expect from ADA?
#Cardano's ecosystem is developing, and more dApps in DeFi are launching. In the medium term, this is bullish. While ADA may be weak at spot rates, it may recover, especially if $0.75 holds.
Resistance level to watch out for: $0.90
Support level to watch out for: $0.75
Disclaimer: Opinions expressed are not investment advice. Do your research.
ADA Long ScenarioBINANCE:ADAUSD Signal
Entry - $0.5
Target - $2
Invalidation - $0.1
Risk to reward ratio - 3.6
Technical confirmations
Price already reached 0.618 Fib zone and continue to decline.
We expect price to reach 0.786 and maybe 0.886 zones.
There's liquidity at $0.77 so it is a good target for price to continue falling.
Aroon indicator shows a strong bearish momentum on a daily timeframe and losing it's momentum on a weekly timeframe which indicates that the price is going to reverse soon.
Fundamental confirmations
Why should price reach Entry level?
ADA TVL fell from 323 to 199 million in one month.
Why should price reach Target level?
Cardano increased block size to enhance Dapp performance.
1 of top 3 coins to buy and hold for ever according to "Investorplace".
NFT and DeFi projects being built on the net.
Vasil Hardfork launch in June, 2022.
TVL rise from 822k million to 199 million since January 1, 2022.
During the Basho development phase, the ledger continues to optimize and scale for the growing demand. Along with parameter adjustments and node upgrades, Plutus capability continues to develop at a steady pace.
Disclaimer: We are expecting price to rise after the Vasil Hardfork launch.
CardanoCardano
Cardano in anticipation of a rally! Starting level of $0.70!
After updating the historical maximum of $3.0 per coin, Cardano fell into a semi-annual downward peak. And in the last trading week of April, Cardano had a real opportunity to reverse the current trend and push off from the key local support level of $0.70 into a correction, followed by the potential to grow into an upward channel in order to test the $2.0 resistance level, which will be the start for the subsequent ascent to the top of $3.0. A good signal for a turning point in the current situation will be a confident breakdown of the trend line of the current semi-annual downtrend.
If the $0.70 support fails and Cardano remains in the grip of a downward trend, short sales may well fail the instrument to the level of $0.2, which has extremely negative consequences for the liquidity of the coin.
ADAUSD Weekly Double BottomADAUSD is showing a double bottom on the weekly 'Gaussian Channel' Indicator which shows strong points of support and resistance within a channel
ADA is breaking up out from a downtrend previously formed
This downtrend is small however (considered on the weekly timeframe)
On the Monthly timeframe the downtrend isn't really considered at all, price is way above the Channel, displaying the bull nature on this timeframe
ADA/USDT - 89% SetupHello Traders!
ADA price broke out of the downtrend, after which it returned to the consolidation range of $0.92 - $1.05
For a short-term trade, you can look for buy entry points near the current price values of $0.90 to $0.98. A less risky option is to wait for the price to consolidate above the resistance level of $1.05 and MA100 on the daily timeframe.
The targets will be the price levels of $1.48 and $1.74.
The deal should be closed by a stop-loss only in case of the price falls below the price level of $0.66.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
CARDANO (ADA) | Possible Higher Low Formation!Hi,
The last idea was a survey where was quite a low interest to make some kind of summary. So, I would like to share just some interesting altcoins to keep an eye on but still thank you to those who answered. ;)
To talk from a technical perspective then there is a quite good opportunity to buy ADA from the shown area. We have seen a new higher high formation, a strong break above $1.000 and now the price is back to retest the breakout area to make a new possible Higher Low (HL).
Do your own analysis and good luck!
Vaido
Cardano: Eager Beaver 🦫🦫Cardano is an eager beaver and reaches for the resistance at $1.63781. There is a 35% chance that it could climb above it already and continue the ascent to the next resistance at $2.4574. However, we rather expect Cardano to dive into the green zone between $0.93552 and $0.27674 once more to finish wave 2 in green, wave C in yellow, wave C in turquoise and wave v in magenta before moving upwards again.
ADA is healthy and profitable againHi guys,
S1 and R1 are determined with different time scales and charts,
S2 is a very bold resistance and this time (despite many other altcoins) the dynamic resistance is also very powerful...
It's a safe investment, you can buy everywhere and hold for long-term. But the green zone is also good for one-step buying.
Comment your ideas down below