Cardano (ADA) - Key Levels to Next Leg UpThe bulls are trying to push the price past to the psychological level of £0.83, which is expected to act as a strong resistance. If the price turns down from £0.80p but does not fall below £0.80, it will indicate that the bulls have flipped the level into support. That increases the possibility of a break above £0.89. The ADA/GBP pair may then ascend to £1.37.
Major Resistance has been broken, so the next target for bulls to break will be roughly= £1.08p
ADAGBP trade ideas
ADAGBP - Revert to Previous Level & Touch Trend LineThere seems to be plenty of charts recently with descending trend lines acting as levels of potential resistance, I guess this shows us what a cracking year 2022 was for crypto!? :)
Things can only get better though, and with a But signal on Cardano as well as many others this could be a nice start to 2023. ADA looks like it may well return to previous levels where it'll meet with the aforementioned descending trend line too - bagging around 15-20% in the process.
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Possible Inverse Head n Shoulders forming.Possible Inverse Head n Shoulders forming on Cardano.
That said, remember we have Sundaeswap DEX and Liqwid Finance DefI being released very soon, which should help ADA price rise.
ADA BGP 4 hr time fram, break incomingDear friends,
Ada is in the verge of a break out. if breaking to the up side, first target will be 1.70 however if we break to the down side we can expect a revisit of the 1.30 area.
Should we break to the downside, this will temporary as I expect the price to increase as BTC loses some momentum.
Do let me know what you think and provide any comments.
Happy trading
CARDANO 1HCARDANO (ADA)
1 HOUR TIME FRAME
LONG POSITION
Depending on how bitcoin preforms we might still see CARDANO rise to the support above it or maybe even break through the support.
Either way i'm holding.
If you like my analysis give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
SolarFX
CARDANO 1HCARDANO (ADA) / GREAT BRITISH POUND (GBP)
1 HOUR TIME FRAME
SHORT POSITION
Cardano maybe be heading down towards the 1.50 mark before bouncing back into an uptrend.
If you like my analysis give it a thumbs up.
If you have any question please feel free to leave a comment below or send me a direct message.
SolarFX
ADAGBP 4HCardano (ADA) / Great British Pound (GBP)
4H Time frame
What price does everyone think Cardano (ADA ) will reach to by the end of 2021?
leave a comment below or send me a direct message.
Just a quick analysis on its movement and by the looks of things i reckon its heading towards its support at 2.0429 .
Like all my chart analysis ill be doing a update on its movements in the next couple of days so stay tuned.
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ALL MY ANALYSIS ARE MY PERSONAL DOING AND NOT FINANCIAL ADVIC E
Thanks guys
THE CRYPTO PLANET
ADAGBPCardano (ADA) / Great British Pound (GBP)
1D Time limit
Just a random sketch idea.
If you have any questiones or opinions about this sketch feel free to comment below or send me a direct message to discuss Cardano and future up or down trends.
THIS IS NOT FINANCIAL ADVICE
Thanks guys
The Crypto Planet
ADAGBPCardano (ADA) / Great British Pound (GBP)
1D Time frame
I know i only uploaded a Cardano (ADA) alalysis less than 24 hours ago but this is just a update on the latest bullish trend.
I believe its will rise upto 1.3000 before down trending to around the 1.0000 mark before turning around and heading bullish towards 1.4000 before again down trending down towards between 1.0000 - 0.8000.
If you have any questions , tips or opinions about my analysis and brief please feel free to leave a comment below or send me a direct message.
THIS IS NOT FINANCIAL ADVICE
Thanks guys
The Crypto Planet
ADA/GBP 4HCardano (ADA) / Great British Pound (GBP)
4H time frame
As you can see Cardano is going in a bullish direction. I believe there will be a tiny resistance that will lead to a short downtrend towards the 1.1000 mark before turning around back into its bullish direction towards 1.3000 - 1.3500.
If you have any questions, tips or opinions about my analysis please feel free to comment below or send me a direct message.
THIS IS NOT FINANCIAL ADVICE
Thanks guys
The Crypto Planet
BTC (Current thoughts)My current thoughts on Ada.
I feel like the price is likely going to get the 1.16 level either late today or early tomorrow.
I think we could then see some similar price action to what we saw on Sunday the 13th resulting in a healthy pullback of roughly -6%.
The bulls will then likely regain some momentum and set up a run to target the 1.23 price range by the weekend/early next week.
ADA ThoughtsI really like how solid the breakout of this descent was with the break candles also closing with a minimal wick.
I think If Ada breaks above this 1.16 level with some clear momentum I feel the next resistance around 1.23 (+6%) will get hit very fast.
I will then look for some sort of pullback from this area and would judge the current price action and area to decide if it is a good buying zone.
Realistically if Ada makes the 1.16/1.23 area BTC has likely broken back above the EMA and for me, that is extremely bullish so I would be more relaxed about waiting for the "perfect buying zone".
ADA ThoughtsI Would love to see Ada find the steam to continue this bullish push out of the channel we have been stuck in the past week or so.
Fundamentally Cardano is doing absolutely amazing so I don't see why we can't make the move today + the rejection we got from the 0.98 - 0.96 zone was gorgeous so I think the bulls have the legs to make this push today or early Monday morning. Then we can set out sites on £1.16 :)
ADA (short term prediction)A break of this trendline with Ada would hold a lot of psychological weight I think, especially if we can break with body and some clear momentum.
We could see this +6.8% happen during the London and New York session or I think we are likely to see Asia pull through overnight making up the needed percentage so by late Sunday is a possibility for us to break out of this downward trend.
Then our goal is to break out the £1.16 high. Ideally, find support around this level then we should have some steam behind us to make £1.34 giving us another new high inside the range before the push for £1.41 to breakout.
Super-simple breakdown of Cardano. (ADA)Quick and super-simple breakdown of Cardano. (ADA)
Price is falling very correctively here so I'm keeping an eye on how Ada reacts to the 0.98 to 0.94 level as I'm speculating this to be the prime spot for the coin to jump considering the fundamentals. (As long as BTC plays ball lol)
If we do break below the 0.94 level I think the price is likely looking to completely fill the wick targeting 0.75 to 0.70 again but let's wait and see.
Just HODL your stack and buy more when you see an opportunity, for me 0.98 - 0.94 is a smart buying zone then I'd wait as I mentioned if we break 0.94 we will likely hit 0.75, and if BTC wants to drop which it might as we know other coins will follow a lot of the time much more aggressively so patience is key to get those sweet deals.
ADAGBP H4 - Long SetupADAGBP H4
With the small exception of the slight dip below demand, we have pretty much followed these trading zones to a tee.
The slight dip was maybe due to the weekend UK bank holiday, lighter trading conditions. But pushing resistance again now with the clear higher low sequence, a break above would be perfect.
We can then look to trade long and add to our long investment positions upon a relevant retest.
ADA (CARDANO) BULLISH MAY 2021 PredictionBased off of previous movement, it makes sense to assume a new resistance line will form around the 1.05/10 mark. This was done using predictive analysis of the MACD and RSI indicators. My prediction is that around May 14th/15th will be the best time to enter. With potential for growth to 1.40/50 by the end of May.
This is my first prediction so do let me know what you think