Cardano / btcDo you guys think that cardano’s correction is going to end??
📍 Based on time analysis I have set 2 very important dates for the end of correction waves of cardano
🕔 this may not happen on the exact dates but we should be aware to see the market’s reaction on those days.
📍 we can clearly see the first and third E-Wave on the chart; thus another 5th wave still remains.
⚠️⚠️⚠️my charts does not recommend any buy or sell signals please do not open any positions based on my signals
🤞🏽Wish everyone luck 🤞🏽
🤔 ask me if you have any questions please 🤔
Cardano / Bitcoin
0.00000613BTCR
−0.00000001−0.16%
As of today at 02:45 GMT
BTC
No trades
ADABTC trade ideas
Cardano (ADA) looks to go long Wave 3I''m starting to see a market-wide trend. We are getting prepped for a solid wave 3 through-out the altcoin market and Cardano is no different. After doing 10 or so charts in the last few days, there seems to be a common denominator, wave 3. But in this case, we will talk Cardano (ADA).
Cardano made some headlines earlier this year after it became the 3rd ranked cryptocurrency by market cap. This didn't last but a few days as the first wave of volatility had cryptocurrencies bouncing around like pinballs. This always seems to be the case as the first macro wave of the season settles in.
Elliot wave analysis: Unfortunately, newer investors rarely get to reap the benefits of early waves like wave 2 and 3. This is partly because we never know when wave 1 is formed until we see wave 2 completed. To put it simply, wave 1 will be made of a 5-wave structure, and Wave 2 will be a 3 wave (ABC) correction. This is a good area to go long. We can assume a wave 3 target of 1.5-1.618 the size of wave 1 using the fibonacci tool. In the case of Cardano, we have a little bit different structure taking place in the form of a triangle correction. In my eyes it looks like a contracting or sym. triangle correction. This type of triangle forms with decreasing volume, which has been labeled orange. No worries though, this is yet another way elliot waves can form and its good to study them. We are still looking like we are ready for macro wave 3. I use the word macro a lot when explaining elliot waves because I want to see people looking big picture, and then breaking down those waves into smaller sub-waves. It's a vicious cycle.
Short-term: watch closely for the beginning of wave 3 to take shape, slowly inclining price action.
Mid-term: If wave 3 takes shape, the assumed target would be in the .00004700-.00004800 range. (1.618)
Long -term: If you go long here, Take profits at previous high and at 1.618, or wait for confirmation of breakout above previous high and then go long.
All my opinion. Not financial advice.
Hoskinson doesn't seem to be letting up on being a contender.
Cardano tired, time for a tea. Hello trenders and friends,
Today we be looking at Cardano retreat for a healthy bull trend.
There is plenty room for growth supported by a positive trend, not to mention the smart team and project behind.
I see a small correction and establish dominance at this levels coming through before price action.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
ADA_BTC Quartal analysisADA_BTC Quartal analysis
In February's rise to Bitcoin, Cardano can be seen breaking through several support levels. However, during the quarter, all these levels were the basis for trend consolidation. It is important to note that monthly Bitcoin corrections to Tether have little effect on the pair in question.
Cardano's rise to Tether looks impressive too.
I expect 20% growth up to ATH by ADA_BTC in May.
$ADA/BTC gonna get sent$ADA is another big market cap coin looking at a bright future price wise.
Right now at the 0.236 fibline looking very strong.
Even though ADA has been in uptrend for some time already, (it basically bottomed in 2019) my opinion is that the uptrend has a far share to go.
Once again I am not betting on a DOGE like pump, although possible with all that Ethiopia hype, I' am prepared for a longer term uptrend with high targets which will make the strong hands very happy indeed.
ADABTC setting up for some nice gainsCardano looks to be setting up above a resistance level that's been holding it down since early March. If it bounces up with any amount of strength from here, it will likely explode upward to meet the next resistance to beat at the .00002917 BTC level.
What's interesting to me is that this corresponds with a solid dip from BTCUSD. I think the Altcoin flippening is about to happen in full force, and high quality altcoins will be the next targets for growth while BTC is correcting.
Cardano/Bitcoin & Cardano/Ethereum ratios!!! This it's bullishIn this special analysis, I want to talking about the Cardano ratios agains Bitcoin and Ethereum. R emember, Cardano it's my favorite cryptocurrency and that it's the best cryptocurrency that i consider. Forthat, if you're interesting to read about Cardano, I invite you to read the linkg to related ideas about What it's Cardano? The Blockchain of Third Generation. And also, I share some of my special analysis but not all, or that, I crate a lot special analysis for you to take knowledge about cryptocurrency, but if you click one of this link, remain that I put more analysis into this link to relate idea that it's might to arrived on it.
Now, talking about Cardano, in Cardano/Bitcoin ratio it's still bullish by long term. For that, my suggerence it's continue hold Cardano + accumulating more Cardano coins in this bull rally. Remember, Cardano it''s a competitor with Ethereum. For that, in my Twitter and trading view, I said that I decide to sell all my cryptocurrency for Cardano and take a lot Cardano in my power. to earn more in this ratios whether in Bitcoin or Ethereum. and remember, Cardano it's growing up fast than others crytpcourrency, in except with XRP, XRP have the same balance that it's growing up fast too. But, I interesting in Cardano as my first altcoin to accumulate and the best cryptocurrency that have a strong team, ecosystem an imparable blockchain technolog that pretend to resolve all issues in the world in all facet in the ourselfs. For that, I see by long term that ADA/BTC continue up. Now, one thing that I do not mentioned it's that there's another cryptoucrrency that it's growing up again, it's Dogecoin, and also, in Simple FX you can now to fund your trading account with DOGE, for that, I will interesting iirst to have a good quantity in Dogecoin and hope that Dogecoin up the price, right now, Doge up more faster than Cardano, and that, will be a good exit plan to re-accumulate more Cardano. Now, if you see the Cardano/Ethereum ratio, we have the same, and much than Bitcoin ratio compared. We have that ADA/ETH it's growing up fast too, and well, I like more the chart of Cardano/Ethereum ratio.
But guys, if you're interesting to accumulate Cardano and how to sell Cardano in this bull rally, I have a stragegy using this ratios together with Cardano Dominance, Bitcoin or Ethereum and then, the market cap, both information could to support you to invest and have an smart and exit plan in Cardano and cryptocurrency.
Guys, if you like it, you can to share this ananlysis with others cryptocurrency trader and cryptoenthusiastick to know my perspective in Cardano. And well, I will going more late to analyze this par in Daily or weekly together with others crytpto to have an perspective of investment how the Bitcoin up or down and how the altcoins up or down to know this inormation. I should to make a multitiframe analysis of LINK/BTC, LINK/ETH, ADA/ETH, ADA/BTC, etc,,
ADA Demand Block TradeLooking at a nice trade here on ADA.
Good demand block on the 4hr and going off a previous supply block from the 1st of March.
Looking for an entry right off the bottom of the demand block as it gives me a great risk reward ratio. If price doesnt come back down to here before breaking out of the demand block I will look for an entry off the top of the block.
A few nice bullish hammers and a bullish engulfing are giving me the idea it will break out soon - Also creating nice market structure with new higher highs and higher lows and also reached its highest point in the last 30 days.
Looking to take profit after a 10% gain and then after 12% and let the last portion ride to 15% profit.
Really good potential on the trade as the risk is so low if we can enter at the bottom of the demand block.
Keen to see how it plays out.
Cardano consolidated for long enough to explode higher!Not much to say here. The listing on Coinbase is a big plus, for a coin many people talk about and is ready to move higher. All support levels have been retested, we had a big drop that took everyone out and now it is getting ready to move much higher. The setup is just beautiful.
