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ADABTC

CARDANO | ADA | Short TermHi Guys 🍀 Unlike BNB, and the breakout it had, ADA (Cardano) didn't move at all. It is going through the same consolidation as any other coin. I Updated the Support and Resistance levels for you. Those two resistance levels can be broken easily if the market stays stable. And the support level that you see is confirmed so we can rely on it. Now that we are close to resistance the market is showing sell signals. So be careful and don't FOMO buy. Tell me if this chart helped you Don't forget to hit like and drop comments 💚
by EmilyProject
2
Crucial for CardanoWeekly market structure (and daily if we zoom out a bit more) is still incredibly bullish for Cardano. Shorter term price action has lead to a couple of lower highs and lower lows. We a reaching a big support zone which coïncides with the 0.5FIB level. Should we hold this level then ADA will have set a higher low and could continue its longer term bullish momentum. 21 & 50 MA crossover, along with the widening of the MACD has got me worried wether or not this trade will play out. I have set a rather cautious stop loss as my last two trades got stopped out by a few sats only to then reach my targets. Curious to see how this one unfolds. What are your thoughts on ADA/BTC?
Long
by Coinathlon
2
CARDANO | ADA | Short TermHi Guys 🍀 Things aren't looking good for Cardano. As we can see ADA has just passed support on Fibonacci and BB levels. I think the price is going down for a while due to the strong sell market volumes. MACD looks bearish too so I think it's best to stop long positions. Blue lines show support and Red lines show resistance. So we have 1 support and 2 resistance areas which can control the price to go down for a while until our support holds the price up. Tell me if this chart helped you Don't forget to hit like and drop comments 💚
by EmilyProject
2
ADA/BTC: bullish setup!!!Cardano continue climbing in front of Bitcoin ratio. So, in Daily timeframe ADA worth 0.000055 satoshi. And the trend it's very clear, it's bullish. So, in based the USD, it's bullish too. So, my big advice it's don't make panic, don't sell your ADA, HOLD!!! Because if you hold at least 1,000 ADA= your worth in Bitcoin actual it's 0.055 BTC, but in the future could to change to 0.1 BTC easily. Now, I want to share you in long term my 4 targets in Bitcoin to get Bitcoin earns. I use a lot altcoin/Bitcoin in my investment strategy. You can view now that Cardano could to becoming one of the best cryptocurrency with huge performance. If you like this analysis, please hand up, share this information with others crypto-enthusiastic, amateur and people who don't understand it. I'm bullish on Cardano with 10,546 ADA in hold!!! And also with 10,039 XRP in hold.
Long
by harisonhbn9718
Cardano in a mega uptrend vs BTCThis might ruffle a lot of feathers, but I'll say it : Cardano isn't a cryptocurrency, it's an idea, it's a movement, it's a marketing scheme, it's a cult. Until mid 2020 Cardano had no staking and up until a few days ago it didn't have smart contracts, yet it is the no.3 cryptocurrency. It's at 75B in Mcap and it has 22% of Ethereum's size yet nobody has really built anything on it yet. However that is changing now... With smart contracts and so many passionate holders/followers (cult members) Cardano could explode higher. When looking at ADABTC it is clear that the 2017-2018 was totally unsustainable, but the bubble perfectly popped and then a huge accumulation started. One of the cleanest and strongest accumulations, and then staking launched which gave it another boost along with all its great marketing. The trend currently is so much cleaner and stronger, that I do believe ADA could easily go up 3-5x from here in BTC terms and reach the current market cap of Ethereum. With such high fees on Ethereum, Cardano might steal its thunder for some time... Maybe we get to see something similar to what we saw with Solana but potentially less massive as Cardano is already quite large. Like with Solana and several other coins we have seen the impact Binance & Coinbase listings are having on the market, so Cardano will potentially get a bigger boost soon as it hasn't had a massive pump since it got listed on Coinbase. In USD terms I have no idea how well will it do short term as if the market has a large pullback it will follow to the downside vs USD, but probably won't break its trend vs BTC. It's so close to its BTC ATH, that I doubt it won't break it and have a huge rally.
Long
by BitcoinMacro
WILL ADA MOON SOON??Cardano (ADA) Will Moon Shot to $4 by the End of 2021 Most analysts expect Cardano (ADA) to be one of the big 3 cryptos in the crypto world. The asset is already ranked at number 3 based on market capitalization. Bitcoin and Ethereum hold the top titles and are seen as revolutionary and functional. Now, with Cardano’s latest Alonzo mainnet upgrade, the asset and blockchain are finally a worthy contender set to run with the big leagues. To highlight, Cardano’s Alonzo mainnet launch brought smart contract functionality to its network. This makes the blockchain a massive competitor in the industry. Especially for Ethereum. Ethereum can run smart contracts and hosts many DeFi applications, blockchain games, and more. However, it is limited by its Proof-of-Work (PoW) consensus. Not to mention, Ethereum is not scalable or interoperable in its current state. Due to this, it faces issues with sustainability, congestion, and high transfer fees. To combat this, Ethereum is launching Ethereum 2.0. Sadly, this launch has been delayed for over six years now and users are still waiting for the promised day. Meanwhile, Cardano has always used a Proof-of-Stake (PoS) consensus. This makes the platform sustainable and scalable. It also allows staking and brings a greater community role. This is essential for Cardano as the system’s penultimate plan is to render decisions to its community after its final upgrade stage. In detail, Cardano (ADA) has 5 stages for upgrades according to its road map. In order, these stages are known as eras — Byron, Shelley, Goguen, Basho, and Voltaire. Presently, Cardano is in its Goguen era. Goguen’s goal was to bring smart contract functionality onto Cardano’s network. To do so, the Alonzo testnet was launched in phases. Starting with Alonzo Blue, then Alonzo White, and Alonzo Purple. The testnet steadily launched simple and later complex smart contract functionality. Alonzo Red and Alonzo Black went quickly to find and fix possible bugs. During this time of testnet launches, the price of Cardano (ADA) steadily shot up. In fact, it even hit its current ATH of $3.09. At the time of writing, the price of Cardano (ADA) stands at $2.24. This is still significantly higher than its price at the start of 2021 which was $0.18. Truly, Cardano has been breaking its own price records over and over again in just this year alone. First, it broke through the $1 mark and then $3. Now, many analysts predict that its price will go much higher. Some speculate $5 and others $10. In particular, Nigel Green from deVere Group, says that by the end of this year ADA will certainly hit $4. He says that according to the charts, ADA is bullish. In fact, he says it is on a clear upward trajectory and it is very unlikely that it will come to a halt.
by GerradFletcher
Cardano ADAUSD - Rounding Bottom! + Elliott Wave- Cardano is currently breaking out to new ALL TIME HIGHS! - On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs. - Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish . - We will experience an acceleration to the upside in a few days! - Profit target is 0.618 FIB extension, which is around 30 USD - 1000%. - Cardano made a huge rounding bottom or cup and handle on the weekly time frame. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Due to my Elliott wave count, we are currently at the 5th impulse elliott wave! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:ADAUSDLong
by UnknownUnicorn2537518
10
ADA/USD - Bullish engulfing candle. Can ADA sustain it?The current trend for ADA is bearish as clearly indicated by the lower highs and lower lows, however, we have reached a key support area around $2. A bounce followed, nothing unexpected so far. Also see my last ADA idea linked below. What can happen next is ADA could continue to pump to our resistance at $2.3, however I find it highly unlikely for ADA to pass that level higher since on the weekly timeframe we are quite bearish and this correction may be missing the C leg in an ABC correction as indicated on the chart. I'd not recommend entering into ADA now if you missed buying our support line, hence, what you should wait for is a possible short around our resistance anticipating the drop on leg C. The risk reward there is good, buying now in the middle point between support and resistance is a poor entry. Indicators also favor a nice bounce and rally in the short term, but then I expect a reversal and bears will come out to short ADA again. We can re-assess once we reach resistance. Like and follow if you liked this idea!
Long
by DU09
2