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.
Cardanousdt
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.
Do not panic buy!Hello everyone, in this video I am talking about ADA, ETH and BTC and how the market is not bullish yet.
Do not get this small push as an opportunity to make money, this is only an opportunity for retails to sell.
If you want to buy make sure you place your stop loss anywhere below support level.
Have a nice trading day!
BEST BUY POSITION FOR CARDANO, NEW TIME HIGHSAfter 92 days of bearish movement Cardano reached a possible new key point. The crypto saw a correction of almost 50%, looking at this bullish channel this point might be the "beginning" of a bullish momentum. A confirm of a new positive trend can be at break of resistance at $1.90, in this case buyers could push price to go back at $3.0 touching new time highs.
Cardano / ADAUSDT Ready to fly 100% ✅✅We have very clear crypto to talk about, which is CARDANO what we see is really clean,
We are in strong trend with strong impulse to up, and currently we are ending the correction, you can see price weakness perfectly,
For now we keep eyes on this crypto, as I dont really trade futures, but I have bought my first level here, second I will buy after breaking minor resistance.
Cardano is great fundamentally same time for now our team highly confirms to open buy position on this crypto.
We confirm 100% our bullish impulse as soon as we break our resistance just above and mentioned on chart,
First Target 4 USD
Any question comment me bellow
GOOD-LUCK Everyone
@FxShzd
ADA is turning bullishHello everyone,
During the last few weeks we have seen ADA going down, but now the market is giving us some bullish signals that we cannot ignore.
If you are planning to buy ADA then this could be the best moment to do so.
Thank you for watching the video, have a great profit week!
Cardano is Loading ... As you can see, Cardano's analysis is not difficult.
We have a large channel that you can see by --> zooming out.
But for correction, we have a micro-channel . To reach its previous ceilings, Cardano must first break this descending channel from the roof.
After the failure of the channel, you can enter from the ceiling and confirm the failure.
Educational : Basically, the descending channels break from the roof .
Note: #Charles_Hoskinson has recently commented on the futility of projects such as BINANCE:DOGEUSDT and FTX:SHIBUSD . In my opinion, it is better to think of attracting investors for his project, because in this way, Cardano can lose the rank of 6 markets.
Cardano Ready to take off ✅✅✅What we see on this crypto pair ADABTC is clear and obviously nice pair for our watchlist, we were following this pair for a while so far, for now our group is ready for nice LONG position.
Just keep it in your mind with proper RISK MANAGEMENT .
MultiTF Analysis
Top down analysis as you see on the different TF, 1W 1D 8H 4H. all areas determined perfectly in higher timeframe and in lower time frame we getting more bullish confirmations, for the last confirmation we waiting 10MA to cross 20MA. but everything else is perfect for this pair to open BUY position.
Dont forget any question comment me bellow
@FxShzd
BEST OF LUCK Everyone
Cardano strong rising long-termIn my previous analysis, I went in depth with a credible trend analysis that I still have clear speculations about.
The analysis indicates stronger support signals, which should push the crypto in motion, over longer periods of time. It is marked with linear lines how Cardano's sustained rotations will continue the course towards its new height. As Cardano gradually begins to live up to the achievable positive expectations of the price increase, I have now become more resilient and speculative, in the crypto.
Best regards from Mr. Bruno