ADAUSDT walking on this bullish channel - Target projectionTechnical analysis regarding the price of CARDANO in relation of dollar Tether for the next scenarios, based on 1 hour movement.
Price has been moving respecting this upward trend. The 34-period Exponential Moving Average is somewhat distant from the price, forming upside/bottom funds and is taking a parallel distance from 89 periods.
Decreasing volume. However, it may be forming a bullish divergence in the MACD, we will be able to observe in the next scenarios.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Cardanousdt
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 !
Decision Day For Cardano ADAWarning: our thoughts are ours; not financial advice.
Cardano is one of our favorites. It's stood the test of time; it survived the bear market.
However, some short-term analyses to ponder upon.
Though in the long term, ADA is bullish. Very bullish. You can't just be bearish on this one. Nevertheless, we could (not of a certainty) see a pullback in the coming days.
ADA just rallied strongly to the top of the channel, we need to either see the strong move throughout today making a close above the channel which will translate to a breakout. If that happens, great news. We should even expect more bullish days ahead.
Alternatively, we could see price scramble back inside the channel at the close of today's' candle. If that happens, well, we may Cardano's price pullback to the midline or the bottom of the channel before resuming its uptrend.
Whatever happens, trade with caution.
ADABTC / ADAUSDT Potential Pump Incoming!Hi guys, if you like this post, please support me by clicking the like and follow buttons and by leaving a comment! Thanks!
The three majors that I believe will do well are Ethereum (ETH) , Polkadot (DOT), and Cardano (ADA). While there are smaller alts that might pump harder and quicker, they are also more risky and harder to identity. The above three alts provide probably some of the best risk reward in alts.
ADA breaking out the key level resistanceHey friends, hope you are well and welcome to the new update Cardano coin.
Breaking out key level resistance:
During the powerful bullish rally on the long-term first the price action broke out the $0.15 resistance and after re-testing this resistance as a support move to the next resistance $0.385. This is the key level resistance for ADA coin because this resistance is not broken out since 2018. If this resistance will be broken out then the price action of ADA can reach at $1.4 very easily.
The EMAs and Ichimoku cloud:
On the weekly chart, the price action of ADA coin has is moving above the exponential moving averages 10 and 21 and using these EMAs as good support.
On the weekly chart, the price action of ADA with Bitcoin pair is breaking out the Ichimoku cloud. Once this cloud will be broken out then the Cardano can turn more bullish.
Conclusion:
This can be a historical moment for ADA, because on one side in the US Dollar market it is breaking out the key level resistance and in Bitcoin marked it is breaking out the Ichimoku cloud strong resistance.
ADA 12h It seems the growth is over...Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out , it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest . We promised - we are doing.
After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers.
What do we see next?
The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38.
In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall.
The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17.
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ADAUSD this is just a beginning towards previous highEMAs on the monthly chart.
Even though the price action of Cardano has rallied more than 1800%, but if we switch to the monthly chart, then it can be observed that the priceline has just broken out the resistance of EMA 10 and 21.
EMAs on the weekly chart:
On weekly chart, the price action broke down the EMAs 10 and 21 but again it has moved above these exponential moving averages.
SMAs on the weekly chart:
On the weekly chart, the price action of ADA has broken out the 50 and 100 simple moving averages and now breaking out the 25 SMA resistance level.
Ichimoku cloud:
Now if we turn to the ADA with the Bitcoin market, then the price action of Cardano is likely to break out the Ichimoku cloud resistance on the long-term weekly chart.
Conclusion :
The priceline has rallied more than 1800% so far, but this is just a beginning and the ADA can cross up the previous highest price ever very easily.
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ADA amazing profits in just 3 daysADA / USD
Another amazing call here on ADA along with XLM
Price reached my target in just 3 days !
And we made more than 70% on spot
you can check original signal/call here 👇👇:
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Good luck and happy trading 🌹
ADAUSDT breakout and re-test setup shaping up nicely..Simple but effective (especially when it works :))
Now we wait for a follow through. Still needs to close today on a bullish note (else we may see more sideways movement in the near-term).
If this continues higher, my target is that 0.36 area but watching out how market reacts to 0.23 level.
Cardano (ADA) hold support ADA / USDT
–the price recently managed to flip resistance into support
–We can see alot of wicks above support indicating strong buy at support
–40 days price range consolidation = expect big move soon ?
If the bulls keep holding this support for next days or hours we can see next leg up to higher prices
🛑Invalidation = if price breakdown the support and break EMA 20 could be an early Bearish signs
Good luck
ADA-6h. The next target is $0.25.A good trading situation has emerged in the ADA market . Buyers managed to break the global critical level of $0.171 . 6 weeks of struggle for this mark gave the result.
On large volumes, the ADA set a new local high of $0.197 . Now sellers are testing the strength range of $0.171-0.18 . Trading volumes during the local fall are low. So there is no serious pressure from sellers and the way to the $0.25 mark is free .
We will consider an alternative scenario of price movement only if the sellers are fixed below $0.171 . Then the price of ADA will return to the triangle and consolidation will continue. However, the current situation in the cryptocurrency market does not inspire such a scenario.
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ADA 12h still can shoot wellAlmost a month has passed since the publication of the previous ADAUSDT global idea.
Since that time, the critical level of $0.17150 has withstood a hit from the bottom for the third time, and a low of the trade was $0.12630 with the forecasted $0.12000.
ADA has not yet responded to the phenomenal BTC growth like altcoins can, and it looks like ADAUSDT rapid growth is included in buyers' plan soon.
Fixing the price above still unbreakable level of $0.17150 will give a green signal for massive purchases, and accordingly, growth to $0.25400 and maybe to $0.34600.
However, it is worth mentioning that BTC closed yesterday's daily candle with a bearish pinbar.
It is not yet known for sure how Bitcoin will be fixed: in fiat or they will start transfer it into altcoins.
Therefore, one more the ADA price decline to the level of $0.13400 should not be overlooked.
Below this level, a breakthrough to $0.09300 may happen.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ADA / USDT Overview On A DAILY ChartADA (Cardano) has been on a parabola for a while. Do not mind the short term price fluctuations, prices move up and down in waves.
When you get lost in short to mid term price fluctuations it is always better to shift to much wider perspective.
After we take a look at it, we clearly see ADA has been on a parabolic curve and it has much more room to grow.