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ADA trade ideas

Cardano (ADA) Multi time frame analysis, Crypto Trading Idea #4Purple Zones = Monthly SNR Red Zones = Weekly SNR Orange Zones = Daily SNR Yellow Zones = 4 Hour SNR Blue Lines = 1 Hour SNR Cardano (ADA) close above Daily Support and it is on Monthly support zone too and can go up from this level but this depend on fundamental analysis about Cardano too. I also draw SNRs on 4 hour and 1 hour chart that can be easily follow the new uptrend If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits!
CRYPTOCAP:ADALong
by ArmaTrader97
4
Why are you bullish on Cardano (ADA) ?Genuine question with the aim of getting points from ADA holders that believe in in the tech™. I am surprised it was able to outperform major coins by market cap YTD. Can anyone speak to their experience of working on/using Cardano? Testnet, mainnet, or anything else. Some news I've found: "The first major difference following the upgrade is that there will be “no execution fees,” which are usually charged to a user when interacting with a token smart contract on the Ethereum blockchain, known as gas fees. " Source "Once smart contract functionality is brought to Cardano’s mainnet, the platform will be able to host a variety of dApps including decentralized finance (DeFi) protocols, a sector that has been one of the main driving forces in the growth of the cryptocurrency sector over the past year. " Source
CRYPTOCAP:ADA
by NeoButane
4
Long term outlook ADA market cap Following the current cycle, it is assumed we are at the start of a 2-3 year long bull run. Given the trendline drawn it can be assumed that ADA will reach a market cap of 5.9bn (ATH) by Jan 2021 and 10.3bn (ATH) by Jan 2022. Increase in marketcap does not directly suggest increase in price. Depending on the rate of increase and volume of trading price/coin may vary significantly. If the intention is to hold in the current position, then the best scenario would be a sudden surge in marketcap with low volume trading and following the upper channel trend line. A slow gradual increase in market capital is detrimental for price increase. Im not a professional, just another keyboard warrior whom has watched one too many technical analysis videos on YouTube.
CRYPTOCAP:ADA
by DIYfinance
Cardano - Just Getting StartedCardano is not even above its 2019 high but it doesn't matter. Whales and capital are going to push this thing up. 2017 is no longer relevant. It was ICO mania. We are heading into another cycle of bull market. Most people will get into crypto again at the peak of next bubble. Typical human beings. This is free market. This is Capitalism. Nobody is putting a gun telling you you can't invest or buy this or that, but some people prefer to keep blaming others and rich people for their miserable life. Then, they deserve to be poor forever. Please don't reach out to me. I don't read messages and comments.
CRYPTOCAP:ADAEducation
by UnknownUnicorn735418
1