THE TIME FOR CARDANO ABOUT TO COME!!!Greeting from IRAN to all traders and investors ✔❤
Cardano achieved a new ATH in early 2021
After that it tried to reach it but price went down as soon as touched its ATH
Price dropped down to the 1$ and after that it started its uptrend toward first major resistance 1.34$
Price attacked to this resistance level triple times and all was unsuccessful and this level reflected the price downward
The forth attack to the 1.34$ resistance level would make a breakout for Cardano but we should wait for the strong bullish movements for approval
Major support is 1.15 $ Major resistance is 1.34$ and price is got stuck between these two levels
The resistance is more likely to breakout but we should wait
This post will update ...
KEEP IT SIMPLE :)
Adacardano
ADA Cardona forming a head and shoulders patternFellow traders, Be prepare for the next move. It appears to me that the completion of the head and shoulders is completing now and we are going to see the last part of this pattern. In my opinion this is really needed for ADA to continue upwards on a solid ground. Also it's a very good opportunity to buy at the bottom and collect your profits later. What to expect next is we will revisit the 1.13 area, and following that to revisit the 0.96 area. If we go below the necklines, than we have confirmation of what is going to happen next, correction to the level of 0.75 area. Goldens buying opportunity between 0.85 and 0.75 to open a long position.
Please trade at your own risk.
ADA still in consolidations with a possible breakoutADA still holding the bullish uptrend and it's continuing the consolidations process. What you should looking for, ADA needs to cross 1.1670 to continue upwards towards the $1.31, if we cross the $1.31 than ATH might be achieved again and continue from there to even higher level. If and this is a BIG IF we lose the $1.00 price level, than expect a downtrend with a support of $0.956 and $0.80.
ADA still very bullish despite the pullback from the ATH twice, still moving on the daily chart within the ascending triangle witch is Bullish pattern.
ADA best and worst case scenariosWith BTC Bitcoin might follow the ABC Elliot correction, that might affect most coins because the correlation between each others.
The best case scenario for ADA is this:
The worst case scenario if we follow BTC effect, we will have this:
Also this the daily chart:
Please trade at your own risk.
Is not over yet! Corrections continue until...Hi fellow traders, Don't be fooled with the sudden break we have now, ADA and so Bitcoin are going into that phase of correction. For ADA, we are forming a descending wedge that eventually will lead us down to 1.10- 1.05 support area. The last gap will be filled!
Follow the green arrow, it will be adjusted a we go through the process, we should expect to reach the 1.24 before we retreat again to the level of 1.14 and eventually 1.09ish.
Please trade at your own risk
ADA Cardano Going Long We have double top at 1.4769 if we break it we can go higher to 1.5757, also we forming double triangle at end of time cycles we can expect big move at the end of cycle.
As good news coming out this week for cardano,
We can expect a big move up
All looking good for ADA
Target 1 - 1.5757
Target 2 - 2.0360
I'm not trading adviser nor financial adviser,please do your own reserch before trading,
Healthy future for ADA Cardona coming aheadHello friends, Cardano is going though an ascending triangle were there is only one way out witch is upwards for the near future.
However for the near term we are experiencing a bounce up towards the 1.38. I expect from there to revisit the 1.07 area to fill the lower gap from the recent 40% gain we had (we filled the upper gap already). Once we filled that gap, ADA shall continue it's way upwards not necessarily straight up within that ascending triangle until we have breakouts through the 1.50 resistance and BOOM!
Cardano is very very bullish, for the long term investment you are the winner here, as I expect ADA to reach the $3 range in the next 2 months.
Trade at your own risk.
ADA breakout in the next few hoursyou are seeing the 4hr chart, clearly we have a huge descending wedge on the verge of breakout, Also we have a small descending wedge been created last few hours within and near the end of the larger descending wedge. The small wedge will breakout next few hours will give the momentum to the larger wedge to breakout as well. I expect a breakthrough to 1.20, a pull back to 1.12 and continuation towards the 1.38. I think the lowest we can go now is 1.05 before this happen.
Please trade at your own risk.
ADA is slowing down, that's ALL! No fear for losing groundHello everyone, Yes we did not form a Higher high on the daily chart to continue uptrend for NOW!, but it's only a small hiccup due to the more consolidations needed for the daily chart. I'll go to the point directly!!! Do not be afraid, we are not going to lose the uptrend. the support we have $1.09 is a a very strong and massive that will hold the bears, in case that was a retreat it will be between $1.02 and $1.09 back and forth until we form a descending wedge that will eventually breakthrough upwards towards the $1.38.
If the wall of 1.09 hold witch I believe it will, we are going to have a sideways trading between 1.09 and 1.18 until we have a narrow squeeze between 1.09 and 1.12 and breakthrough will happen upwards towards 1.38 also.
Friends, without going into a much details, on the hourly chart we are in very good shape, we are trading below the EMA200 witch is good for uptrend setup, on the daily chart we are away a bit from the EMA200 but remember ADA has no resistance seen in the near future, in fact the road is open for more growth from here.
We have a 3 major support that I can't see the bears can go through, 1.09 ; 1.02 ; 0.95 and 0.77. each one of them has billions of shares bought at that level. in Conclusion ADA Cardano still have the most profitable setup in the near future than many coins.
Please trade at your own risk....
ADA: Target A ReachedGood day to all profit makers!
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- First target: A (Reached)
- Second target: B
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor and this is not financial advice!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
Based on the previous idea:
ADA/CARDANO TO THE MOONAfter a huge impulse bullish phase around Feb 10, the bears tried tracing Cardono back down to its previous price but were unable to, forming a very good looking Heads and Shoulders pattern and a near-perfect right-angled triangle signaling a possible breakout of zone 1 soon. As usual, I'll be waiting for a confirmation candle close at my yellow rectangle box before acting on anything.
ADA Cardano Analyze By Persian crypto master Daniyal DaraeiHi
Like it before reading please
cardano made a good symmetrical triangle on daily time frame , and we have good support line on 0.13 and resistance on 0.15 , it can made a great consolidation on this triangle and it can break triangle upward to get on targets that i'd showed on the chart.
0.20$ could be first target and the second could be on 0.2355
consolidation in 5 to 10 days could make bullishness before breaking out
FOLLOW us , this idea will get update soon
;)
Daniyal daraei
Possible 50% return on ADA CardanoWe see ADA testing the median line of the Inside Pitchfork, but nicely rejecting the downtrend.
If ADA can hold above the trend line it may shoot for the median line of the Original Pitchfork
for a 50% roi.
Possible targets to take profits are around:
- 0.063 at the 1:1 extension based of the proposed wave 1
- 0.066 around de negative 0.618 fib level
- 0.075 around the 0.382 of the impulse started dec. 2018
- 0.081 around the median line of an original pitchfork and a 1.618 extension
Just as Expected ADA below 200 maAnd of course the market never does what we want it to do. We bounced off the 50 ma. We have to see how much btc is going to drop to see how low this thing can go. If we can stay above the 50 ma then we have a nice pattern forming here. but if we drop we might will likely visit 1000 st. If Btc makes a 20-40% retrace on the weekly we might be in for a low ride on ADA. Ill be targeting .618 fib on btc and 6k area. if we break this current BTC support.
Either way we need a healthy retrace. Market looks very healhy overall.
Thumbs up if you love cardano.
ADABTC Mid Term TradesWhile bitcoin stalls the bigger alts are seeing movement. ADA is lagging behind but if we have breakout of triangle we could see some big price action provided bitcoin behaves itself.
First trade is already in progress.
My plan provided the market geometry still makes the trade viable is to switch short at my target as it is pretty heavy resistance, then switch back long to complete wave 5 of the three.
THiS IS SIMPLY AN IDEA. NOBODY KNOWS HOW THE MARKET WILL PLAY.
but sometimes having a plan IN CASE the market does react favorably allows you to make the most of out the movements.
I will be updating the idea as it plays out.
Stay hungry friends.
ADA update + risk/reward analysis (ADAUSD, ADABTC)Hello everyone
Today an update on ADA. We will have a look at some price-action (ADAUSD) and we will have a look at the ADABTC chart. Let’s get straight into this!
ADAUSD
-I always like to start with the support and resistance-lines. So we can see that we found some support at 0.10 few days in a row. This could be a great indicator of some reversal in this chart, nevertheless this will not be the case if you ask me. The 0.10 isn’t a support level if you look at historical price-action, this is just a pit stop if you ask me. We have a very strong down-momentum going on right now. If we look at the hourly chart, we can see 2 clear bear flags aswell, if the bear flag confirms, then we should go down to 0.98.
-Last time I told you guys about the triple bottom, which is denied in the last couple of days, we broke through that support level, which means that the 0.116 is now a resistance level. We will not go above that level without some good fundamental news ( ex: BTC-etf,…).
- Risk-reward : worst case scenario is that we break the 0.98 level and that we go straight down to 0.8, if that’s the case, we go down with 28%. In best case scenario we break through our resistance at 0.116 and go up to our first strong resistance at 0.16. If that is the case we go up with 43%. I’m not doing this trade, I think that we will not go above our first resistance at 0.116. it isn’t worth the risk at all (ADAUSD).
-So my prediction is that we will bounce of our 0.10 to be rejected at 0.116. our next stop is at 0.98 if you ask me. The possible BTC-etf will decide from there on.
ADABTC
This chart is way more interesting than our ADAUSD chart!
-So we can see that we’re in a small uptrend. We are creating higher lows in the last week. It’s not surprising that this uptrend started at 0.000017, this is a very strong support line, we have bounced off this level a few times in the past. So that’s a level that we have to keep an eye on!
-The same problem here as in ADAUSD. So we’ve created a beautiful triple bottom at 0.00002, then we broke through that level so now it has become a huge resistance line. I think that ADABTC will go up for sure. BTC-dominance is now over 50%, so enough margin there. ADA will probably keep creating higher lows until the first support at 0.00002. Another level to keep a strong eye on.
-Another thing I told you guys last time: we’ve bounced off at the exact same level as we did last time (4 months ago). This is huge! The bulls becomes stronger if we reach the 0.000017 level.
- Risk reward : could be interesting, our first very strong support level is at 0.000017 ( -3.88%), our first strong resistance is at 0.00002 ( +12.26%).
(-long on ADABTC, neutral/short on ADAUSD short term).
(long on ADAUSD long term)
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