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Adabtclong

ADA Cardano - Great opportunity upcomingHi guys! We are in the key moment, what may give us a great opportunity if we play it well. But first things first - now everything depends on Bitcoin because if BTC drops, then even if we have more satoshis, we may have less dollars. So think about it before you make a trade. There's still a lot of uncertainty and we don't know where Bitcoins is going to go. But let's assume BTC is doing OK. I see a great opportunity in buying ADA. We have 3 upcoming events (according to coinmarketcal). We have retraced over 62%, and we may go even lower, to 78% Fibonacci level, but we are currently in a great (IMO) buy zone from 2500 to 3400sat. Where it may leads us? First target it at 50% fibo lvl which is ~4700sat. Then 5700 and 6800. ATH is at 9000sat. Will we get there? In my opinion we need time, and growing bitcoin, or at least no FUD. But first target is in our short term range. But remember - i'm not a professional trader and this in not a financial advice! Always trade with caution, and share with me your thoughts!
by JimmyHodl
ADA price analysis ( cardano btc price analysis )hey guy if your thinking to buy ada then you better have to wait some more dips its broke below 20 day EMA which is not good sign and also that 100 day SMA line crosses and its stay above which indicate lack of volume and trend good support and buying zone will be 2700-2900 Sats note: Cardano is a strong technology currency with very strong community if you buy on good dips then hold it tight expected profit 300% in mid term. good luck stay bless.
by Sunny_Sharma
ADABTC Red is coming... WARNING ADA Final Drop !!BITTREX:ADABTC BINANCE:ADABTC Ada is currently on a very bearish Trend. The RSI clearly confirms the downtrend and doesn't show us any significant sign of the great recovery of ADA for the next few days. ADA is likely to get back to his support level of +/- 2800 Sato. We have 2 possible action here with ADA: 1- ADA gains Power & breaks his down trend to Square up at the +/- 4700 Sato and then +/- 5110 Sato 2- ADA Drains & keeps his Downtrend to square up to his +/- 1150 Sato I definitely think that we need to wait before making any move (Buy or Sell) as we all know Alt coins could do crazy thing depending on BTC attitude. Go and see my analysis with BTC (Link Below) Risk management is the Key to success in Crypto Follow me on telegram to be updated on this trade. Like the chart if you agree and comment to share your opinion !
by CryptoDjet
1
ADA - what a stupid bloody name, baby name. Baby growing up 200%ADA, well well well. huge coin that had massive hype towards the start of the year. The general concensus is that this coin is great, has amazing developers and a very very very well thought out and jam packed roadmap. Lots of positive vibes around the coin, but also do take in mind that they don't really have a lot to offer right now other than a mainnet and wallet. They are trying to compete with ethereum as a platform for smart contracts and dApps, in a market that is already filled with competition, there's no guarantees that this coin will succeed, however the roadmap on cardano looks very promising. Short term - neutral to bearish. Bitcoin looks like its not finished with correcting yet, cryptocurrencies have largely fallen off the normie radar and are taking a break (quick search on google trend trends.google.com) shows that normie interesting is starting to cool off, in preparation for the next bullrun. long term - bullish Buy zone: 2 zones - 0.618 fib retracement: 0.00003690 - 0.00004190 - 0.718 fib retracement: 0.00002286 - 0.00002748 Sell zone: Only 2 in mind. I like mid term targets and dont worry about short term goals. 1) 0.00012000 - 0.00012500 2) 0.00017000 - 0.00017500 Me? I'm going to hold onto this for many years to come :) Fundamentals: ADA just has regular roadmap updates, They don't really offer timeframes as to when they complete stages in their development, but the closest one thus far looks to be the Ouroboros Staking protocol, which would allow ada holders to stake their coins. This would be massive progress for the coin in general and would serve to be a reasonable catalyst to catapult this coin up to the 1st target for 200% profits. Technicals: ADA has just completed its 1st 5 waves up of a supercycle up and is in a corrective phase right now. Currently riding between the 0.618 to 0.5 retracement levels right now. ADA looks to be forming a 5-3-5 zig zag corrective pattern and in the C wave thereis almost alway 5 subwaves within that. Something i notice about cryptocurrencies is that they do like their extended 5th waves which leads to me to believe that ADA may not be finished correcting yet and may see the 0.718 retracement region which is why I've provided 2 buy zones. RSI on the daily is approaching the bearish zone of 30 and MACD looks to be curling up ever so slightly. This shows the that ADA is close to finishing its correction but that's definitely not to say that its out of the woods, because it most definitely isn't, there is still room to correct, but the room to correct is running out of space as we speak. Using a conservative Fib Extension we target a little more than a 1-1 extension for the 1st target, because Elliot wave theory states that the 3rd wave is often the longest but never the shortest and 2nd target is derived from the final elliot wave targeting just a little above the 1.618 region on fib extension. I'm still learning TA, any advice on improving my analysis would be GREATLY appreciated. I welcome any criticisms and feedback. So go ahead and grill me :)
Short
by EnZo
3
ADA/BTC Current fake breakout and big plans ahead! (0,00015?)Hey, as you can see I think this CARDANO breakout is fake, since the MACD/RSI aren't looking quite ready to pop out, and not to mention we're still in wave 4 if my counting is correct, if you bought this breakout I'd suggest selling and rebuying in a bit lower or just holding for a bit while wave 5 picks and get's us rich as fuccc boiiiiiiii. So I'm definetely short on this current breakout, but long for the not so far off future of Cardano. Make sure you take profits at the top, don't get cuck'd. Anyway, I hope this helps and let me know if I messed something up since I'm quite new.
Long
by ChovekaZavur
Cardano #ADABTC - end of the correction and 100% gains ahead?TECHNICAL ANALYSIS: The price of Cardano cryptocurrency quoted for Bitcoin ADABTC dropped lower in the wave correction (4) than assumed in the original wave scenario. Nevertheless, after reaching the level of 0.00004066, the price dynamically rebounded by drawing a reversal candle formation called Hammer Candlestick Pattern. Then it broke above the golden downward trend line and it reached 50% of the Fibo retracement of the previous down leg. The main scenario: Currently, the price is most likely in the psubwave 2 correction and tests the trendline from the bottom and is approaching the support level of 38% Fibo at 0.00005802. The price can still go deeper to other levels of elimination eg 50% or 61% and bounce up after hitting one of them. After the correction, an impulsive breakdown is expected to reach around 0.0001000, which is almost 100% profit. Alternative scenario: On the other hand, an alternative scenario assumes the deepening of declines in the more complex wave correction (4) over time and in price: - breaking below 61% Fibo will mean a higher probability of decreases towards the first level of 0.00004066, and then even 0.00003236 (red dotted arrows). - knocking the top to the level (or near the level) of the previous wave (3) high, followed by a dynamic retreat, will also mean a more complex correction in the unfinished wave (4). Violation of 0.00003236 invalidates a completely impulsive growth scenario. TREND AND IMPORTANT LEVELS: Main trend: UP Intermediate trend: DOWN Daily trend: NEUTRAL / UP (continuation of the upward trend and the possibility of breaking higher after adjustment) KEY LEVELS: - for further increases - 0.00006895 and later 0.00007227 - for continuing correction - level 0.00005802, 0.00005466 and 0.00005130 - for a continuation of falls - level 0.00005130 and later 0.00004066 PS: If You do not want to miss another update, make sure You are following me on TradingView ! PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes.
Long
by sebastian.seliga.7
47
Cardano ADA ForecastCardano ADA is a consistent coin with gradual gains and promising projections ahead! Although chart shows a descending triangle, this might not be the case for ADA. Chart patterns are always easy to read on a naked chart however I forecast a reversal which might reach an all time high in the coming months. This current downward trend should bounce off resistance as history shows multiple times. Buy target : 5,000 - 5,500 Events : 27 January 2018 - Inaugural London Meetup 05 February 2018 - Roadmap Update This is not an investment update, always do your own research.
Long
by itradearn
2
LONG Cardano, long-term Buy opportunity for ADABTC. Hunt it!Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.00004887 to 0.00003881), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Take Profit: TP1= @ 0.0000635 TP2= @ 0.0000915 TP3= @ Free Technical analysis: .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. . Relative strength index ( RSI ) is 53. .Current short-term is range bound, but beginning of uptrend is expected.
Long
by ForecastCity