ADA/BTC Update: Cardano stays strong with its POSCardano broke out of the Head and Shoulders pattern early this year and formed a bullish continuation flag. We did get the bullish breakout and did break trough the next two resistance lines. During the market crash ADA dipped back to the 0.5 Fib line but mainly the 0.3 Line did hold. Nearing the Goguen era with Smart contracts we look at a bright future where ADA hits new ATH. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description. Longby tumbler55334
$ADA Update$ADA Update #Cardano price is recovering but with low volume. This might take it to retest the red dotted line. Another potential target is the above-dotted line, which is a key resistance - first broken support since the fall. Blue rectangle leads to an optimistic outcome.by Shuarix3
Just c couple ideas on ADA and LINKLink not looking strong where ADA looks healthier05:42by UnknownUnicorn137195070
Cardano is on track to complete elliot wave cycle to $3+Big pump before BTC crash - ADA holders are unfazed. Technology is finally catching up to the $1 hype from 2017. It was funny seeing crypto twitter buy the dip all the way down to $.05 during crypto winter, but the strong hands prevailed and was handsomely rewarded. I expect NVDA stock split stock to save ETH and carry BTC back to $50k (BTC is currently at $38k). Elon and friends had a fun time stop loss hunting and grabbing cheap coins. Energy consumption attack on BTC was a nice way to pump ADA to create higher support before they dumped the BTC. We should see overall crypto market higher next month as May BTC future contracts come to an end this week. final target of full elliot wave cycle on ADA with BTC at $50k should take ADA to $3+. Let's take profits after NVDA splits in July.Longby FleurdelisFX118
ADA to the moonSecond analysis done on ADA, please give me feedback im new to technical analysis.by tactfuI1
Possible support line for ADAHi, I'm new to technical analysis and I'm just looking for some honest feedback and tips. I've got no idea what I am doing.by tactfuI3
Cardano ADABTC bidding zone Cardano is one of the most slow moving boring Alts while fundamentally it’s very strong and has been hibernating for so long in a slow ascending stage. It has all the fundamentals to make a big pump anytime, but since it just broke out from the EMA, I’d bid for this pair at the blue line as I expect a retest before going north. Do you agree with my entry target? Feel free to share yours. Longby eBlockChainUpdated 5
ADA:BTC - Price Action AnalysisBullish on Cardano and this chart is why. Have a couple of more resistance levels to overcome and then ADA could venture onto a new ATH.Longby CryptoFuturoUpdated 9
ADABTC - Cardano forming a bull pennant on the 4h chartThe bullish uptrend is still intact, and Cardano is forming a bull pennant on the 4h chart against BTC. Measured move from the flagpole on a breakout is around 6100 sats depending on the break point, which also lines up with the ATH candle close from 2018 (ignoring the wicks). As long as BTC remains above 42k or so, continuation seems likely given the strength of the move so far, and the bullish fundamentals Cardano has for release in the coming months. Smart contracts testnet this month - mainnet release in August, combined with the high cost of other smart contract blockchains at the moment, present a high probability of a high level of adoption. There isn't much in the way of resistance to a continuation against BTC except for the recent local top.Longby Crypto_Mayhem112
Moje mišljenje glede ADA/BTC2x odboj od resistenca in je videti da bo padlo do prejšnjega nivoja. Je majnša možnost da pa naraste.by tomikaucic1230
ADA/BTC: The Big PictureWe have plenty of room on the upside. I think ADA could go on a big run like ETH just did. Longby Borneozix0
ADA PUMPED! TOLD YAHi hows your bag ha? many new fellows are in crypto now and let me introduce them to cardano first, Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.Cardano was founded back in 2017, and the ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software. The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods. targets 2.5 - 2.7 - 3Longby amirsediq229