CARDANOADA
ADA CARDANO - 1,3980 is a Major Resistance (still)You guys ask why I don't post on Cardano lately.
Well here is the updated chart which clearly shows that unlike Bitcoin we are still under (below) major resistance.
The news remain good with Portfolio Strategist Expecting Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether
All tis while 'Smart Contracts One Step Closer to Hitting the Cardano Network'
All this until the 1,3980 is breached over and we can buy again.
One Love,
the FXPROFESSOR
ADA/USDT - potential 186% mid-term setupHello, Traders!
ADA has not finished its business cycle and technically looks stronger than most other altcoins on the market.
At the moment, buyers are restrained by the local resistance at $1.25
It is possible to form a buy position in three parts:
20% of volume in the range of $1.02 - $1.15
30% of volume in the range of $0.81 - $0.95
50% of volume in the range of $0.55 - $0.71.
Further, in case of a significant correction in the market, a position with an excellent average entry point.
The range to exit the asset at a stop of $0.27 - $0.38
The targets for purchases will be price levels of
$1,48
$1,74
$1,97
$2,33
The ratio of risk to profit in the transaction is more than 2. A good option in the medium term.
P.S. This is an educational analysis that shall not be considered financial advice
Cardano Bullish viewCardano will soon regain his ascending self, which we are surprisingly looking forward to.
Cardano has a peak on this so-called 'bull-run' between 7-10$ , with an estimated percentage performance of about 200% .
The last thing we expect from cardano is another aggravated tampering that would cost us, and I therefore hope for the best for you out there.
ADA Sell the breakdown.Cardano - Intraday - We look to Sell a break of 1.114 (stop at 1.141)
Daily signals are bearish.
Bearish divergence is expected to cap gains.
A higher correction is expected.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.041 and 1.011
Resistance: 1.200 / 1.250 / 1.300
Support: 1.150 / 1.100 / 1.000
Cardano sell the breakdown.Cardano - Intraday - We look to Sell a break of 1.194 (stop at 1.226)
Daily signals are bearish.
Pivot support is at 1.199.
A break of bespoke support at 1.200, and the move lower is already underway.
There is no indication that the selloff is coming to an end.
We look for losses to be extended today.
Our profit targets will be 1.106 and 1.076
Resistance: 1.250 / 1.300 / 1.350
Support: 1.200 / 1.150 / 1.100
Cardano(ADA) can increase around 8%Hi guys, Cardano had a breakout of descending trend line strongly.
I think we can have a pump in altcoins specially ADA.
For now I expect some sideway and after touching white trend line I think ADA can pump up to mentioned targets.
Your Likes and Comments are the best Thanks u.
Be profitable
ADA- We haven't Forgotten YouADA Cardano would be one of the usual suspects that can outpace the vast majority of cryptos in case of a Bitcoin rise.
Here is our updated chart with main support levels to assist you.
With these good news of Rwanda-Based NGO Partners With Cardano Foundation to Launch ADA Crypto Charity Platform and also these GREAT news of Grayscale Adding Cardano To Large Cap Fund Ahead Of Key Update, one can feel confident that the timing would be good to embrace Cardano again.
One Love,
the FXPROFESSOR
CARDANO is under pressure. Will it last or crack? $ADA AnalysisFrom the daily perspective of the ADA / USD chart, we see a strong trend line, which indicates a down trend.
But when we look at the Fibonacci retracement of the last impulse leg, we see that the price is at the important level of 0.382, which is trying to break down for the third time.
If the price falls below 0.382, the next level where the price will definitely respond is 0.618. This is where we will place our Take Profit if we open a Short position.
The trend line and level 0.386 also created a descending triangle formation.
Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell.
Today I will discuss all the essentials and based on our Price action strategy we will look for a suitable place to enter. Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
We hope you will join us for the next trade.
Cardano accumulates strength for a strong move 🧨🤯The last few days have seen no strong movements on the Cardano chart. Volatility has decreased and this means that price is building up strength for the next strong move.
Which way this move will go cannot be predicted 100% but the chart shows that price is trading in a local triangle, slowly pushing towards the upper boundary.
If the price continues to squeeze, breaks the upper boundary as resistance and tests it as support, it could be a good opportunity to enter the position, with the targets higher!
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
#Cardano - Upside potential #ADABTC #tradingviewOnce Cardano's phase of weakness against Bitcoin is over, a phase of strength should follow.
Today's closing above the EMA50 should confirm its strength. Then a bull-run could run towards new highs.
Good luck with the implementation of your ideas.
Greetings and a good start to a new week
Stefan Bode
ADA CARDANO - Time to Go HIGHER maybe? (and hopefully!)Been waiting for Cardano to rise but Cardano is always like this: testing our poatience and then rises in due time.
Let's hope that Bitcoin manages to help us lift Cardano higher.
After all, ADA has proven to be the right choice since it fails to drop more than the others and to em it's the best option at this stage.
Hope it goes up,
the FXPROFESSOR
PS. RIGHT NOW I AM HEDGED: Short on BTC and LONG on ADA
ADAUSDT(1H CHART) Head and Shoulder PatternADAUSDT(1H CHART) Technical Analysis Update
ADAUSDT(1H CHART) currently trading at $1.346
Buy-level: Above $1.352
Stop loss: Below $1.234
Target 1: $1.395
Target 2: $1.456
Target 3: $1.585
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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CARDANO falling as hell. Check if bounce up.On the Cardano chart we see how the price reacts to the Trend line showing a down trend.
At the same time, the price is below the daily EMA 50 but above the daily EMA 200.
Reflection from Fibo 0.786 but above Pivot point R1.
According to timeframe H1, it is not clear where the price will go next, it is necessary to look for a signal to enter on a lower timeframe.
Our strategy based on Price action will help us with this.
Trading is not difficult when you stick to a strategy based on clear rules.
Happy trading!
CARDANO/ADA ViewOn the weekly ADA can be seen to be briefly touching the 2.618 fib, a level it has overcome but has dipped back down to retest
On the Monthly a Bullflag can be distinguished from the low volatility in the past weeks, which is also a good sign for the bulls
Personal bias is neutral on ADA, but this does look very bullish
Above is a chart showing the tight trading range that has been established in the past weeks