Cardanousdt
Cardano Wavy Flow $1.2 - 4.1Cardano adheres strongly to something resembling a solid bottom. Here it is important to make sure that the crypto does not continue further down, therefore I have prepared an analysis which shows volatile waves Cardano may follow, in the near Bull-run.
I wish you all a Merry Christmas!
ADA entry point could be close. Hello everyone,
The first dip is here, I am still bearish on the general market and on ADA.
I would like to think that $1.00 is our entry poiny, but looking at the bigger picture I personally can see ADA going even lower.
For now it is hard to tell, we need to wait for patterns to appear and for a new signal to tell us where we are going. For time being, $1.1 could work as reversal point.
Thank you,
Have a nice trading weekend.
Cardano volatility devolopment Cardano's longer course has since the beginning caused volatile periods, whereby investors of Cardano have managed to pick up green earnings.
My analysis indicates featuristic rotations and marked changes that will change the course's course and potential. This time horizon may be optimistic about the gradual increases.
Cardano testing 1.1! heavy buy signalDear Cardano holders,
The crypto market has been in a constant deep recession since the summer, which only the short sellers have rejoiced over. But as Cardano helplessly, declined from the top price of 3.1 down to the current price of 1.3, the bottom gets stronger and stronger. I have a brilliant idea that Cardano may not be repeating its bearish iterations, but searching towards the surface, which we are all waiting anxiously for.
Best regards, Sebastian Bruno
ADAUSDT Cardano ADA likely Bull ReturnCardano is looking bullish again after the massive drop in response to eToro delist and other FUD.
Price Action using simple outlook can be observed with price reacting from a significant bullish orderblock.
Let us know your thought guys.
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Possible ADA scenariosADA just completed 'W' pattern on the weekly and we can expect a correction to at least 0.382 fib.
There is certain resistance between 0.382 and 0.5 however it may still be pumped and dumped up to 0.618 fib.
I expect deeper correction later on, and I don't expect new ATH in 2021 for ADA/USDT, since there is too much work to do to break through all the resistance, and we don't have that much time, to me it doesn't look that in 4 weeks it makes new high.
However the support at $1.20 - $1.40 is also strong enough so expect ADA to bounce back couple of times before breaking below that level.
Do not buyHello everyone,
I know everyone is getting bullish and everyone want to make profit out of their investments or trades, but if you want to buy ADA give it some more time.
ADA will go back to 1.4* and will give us the opportunity to get some ADA at cheap price.
These are my thoughts, do not take my words as financial advise.
Thank you.
ADA - 2021 TOP predictionTop of the Mornin' !
ADA has a pretty fresh history and it's hard to relate on what it did previously.
On the other hand - we can spot some resistance/supports that it respected along it's way and together with the fibonacci levels a top at $4-4,5 can be spotted.
My top for 2021 would be $4,5.
Cheers!
ADA/USDT (CARDANO) HAS FINISHED 2nd WAVEADA/USDT ( CARDANO ) has finished 2nd wave as a preferred count but we can have an alternative scenario also which is where level as a red degree, If we see more downside and go below $1 then we can go more downside for making 2nd degree of a bigger degree.
#ElliottWave #Cardano #ADA
ADA/USDT ChartBefore I start to talk about the idea I would be grateful if you could like, follow and comment your thoughts about the idea or crypto in general.
SPX is looking very bad today, making BTC and crypto markets go red. Consequently altcoins are bleeding, but some coins have very interesting entry prices.
ADA has been correcting since the 3$ range, and have a current price of 1.48$. The coin has been failing differnt retests over the last months, but this time I don't see a drop to the 1.38$ area (daily close). The correction that happened to this coin was large but from now on I can see the coin starting to run and breaking different resistande areas. BTC chart is also a huge factor to ADA performance, so it might be worth waiting if bitcoin breaks the 57k area before making any altcoin move. Comment what you think, and if you have any tip to improve my chart please say it, I am trying to improve.
1H CHART UPDATE, DESCENDING CHANNEL ANALYSISAda is currently in a descending Channel, it managed to reach an important support at $1.50, this key level represents a decisive moment. If the supports holds, Cardano could easily break the descending channel and rapidly go back at $2.0, otherwise if the supports breaks Cardano could have a bearish continuation.
A Bearish Idea for ADAUSDPrice can be seen in the larger circle to stick to the outer side of the circle, and eventually get rejected.
This pattern can repeat within a smaller circle (blue) and eventually lead to a complete breakdown in price. (along the white line)
Attached is a bullish Idea on the same chart, choose your destiny.
ADA just flashed the strongest bullish signal!Hello, everyone!
Yesterday we considered the ultimate divergences guide. Today it is time to practice! I found the very strong long signal on Cardano.
We can see on the pic that the point A is above than C on the price chart, while A is below C on the MACD lines. There was the bullish divergence at the point C. This signal played out as the pump to the point D, but the price set new lower low at point E. Point E is above than A at the MACD histogram. This triple divergence enhances the bullish signal for ADA. Moreover there is also the divergence with MACD line, this fact makes this signal even stronger. Thus I can provide for you the following trade setup:
Buy = $1.87
Stop-loss= $1.68
Target 1= $2.32
Target 2 = $2.70
Target 3= $2.90
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.