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Adaforecast

Cardano (ADA) - 12h. The last downward impulse? An unsuccessful attempt to fix the ADA price above the range $1.4-1.5 provoked a new wave of decline and returned market participants to consolidation. During 2021, the $0.9-1 range has saved the ADA market from total destruction for the fourth time. The importance of this range can also be seen in terms of trading volumes on June 22: As you can see on the daily timeframe, since May 16, sellers have been confidently holding the black trend line and do not allow buyers to counter-attack. After May 23 trading volumes fell. It happened in the important range $1.4-1.5 which was considered the upper border of consolidation for 3 months. Buyers' passivity in the $1.4-1.5 range was so high that the ADAUSDT price continued to fall and consolidated below this price zone on extremely low volumes. On June 22, in the $0.9-1 range , we saw the interest of market participants and the likelihood of fighting for a new wave of growth. we can risk buying this coin with a short stop. However, the price fixing below this range or consolidation on low volumes with the same character as it was in the range of $1.4-1.5 in the period from 8 to 18 June will be a signal for a continuation of the fall with the first target of $0.7. Looking at the smaller timeframe, we can safely assume that buyers are preparing to test the range of $1.4-1.5 within the framework of real local growth. Given the importance of this range, we expect a rebound in the price and another attempt by sellers to take control of the market. It is from this attempt that the next medium-term price movement will be clear. A positive fact for buyers can be seen on the chart ADABTC: As you can see, the correction after the growth wave from May 5 takes place in consolidation and at low volumes. The worst-case scenario for the ADABTC market at the moment is test of the 0.000031-0.000032 range. This range stopped the price growth for almost 3 months. Therefore, our subjective vision is a new local growth wave with a stop in the range of $1.4-1.5.
by P_S_trade
20
Cardano (ADA) - 6h. Even a strong beast is weakFor almost 2 weeks, after a powerful fall, the cryptocurrency market has not been able to recover. A prime example of this is the Cardano Project (ADA) . This coin proved to be quite strong on the strait. Of course, this market did not escape a powerful wave of decline. A powerful rebound in the price to $2 per day gave a lot of hope to investors in the ADAUSDT market. However, after this emotional upward movement of the price, the interest and confidence of the buyers plummeted. This is clearly seen in the volumes and the lazy movement of the ADA price over the past 2 weeks. In fact, the price is still moving in a broad consolidation of $1.22-1.9 . Our previous idea showed that now buyers have not yet succeeded in building a trend movement. Sellers easily broke the buying trend and made it clear that at the moment it is not yet clear who dominates the market. Therefore, we will buy this coin in 3 cases: 1. During an easy test, the mark of $1.5 2.during the test of the black trend line of the triangle in the range of $1.2-1.25 3. After fixing the price above $2 While the price is within the triangle, we can more than once witness a sharp upward or downward impulse of the ADAUSD price without logical explanation and support by volumes. Therefore, in such a situation, we expect critical points and only they make decisions. To be more convincing, we show you the ADABTC chart: Such a chart does not at all hint at the strength of the market and should discourage buying this coin at current prices. ________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
38
Cardano (ADA) - 4h. How realistic is the test of $2.2?Hello friends, everyone! Well, "these days" on the Cardano market are over, emotions have subsided and we decided to share with you our short-term scenario of the ADA price movement. Our previous idea worked perfectly and the price approached the range of $2.5-2.7 as much as possible: During a powerful wave of decline in the entire crypto market, the ADA price dropped by 60% . For example, the equally powerful ETH project fell by 70% This fact confirms the strength of this project and the great desire of investors to buy ADAUSDT press during global waves of decline. Having touched the mark of $1.01 , the ADA price jumped 45% on the same day. The next attempt of sellers to pass the price below was unsuccessful. As a result, buyers were able to recover the ADA price by 71%. If we look at the daily timeframe, we see that the ADAUSD price fell into a powerful wide consolidation zone of $1-1.5. In this range, buyers were gaining a position for the next growth wave within 2.5 months. In addition, sellers have tested an important trend line that keeps the ADA price from falling into the abyss in force majeure circumstances. Thus, the global critical point for the current upward trend is at $1.1. However, you shouldn't think about such terrible goals now. So far, buyers have managed to push the price above $1.5, which has been a big problem for them in the past. The price moves in a stable growth channel with medium volumes. The sellers fail to reverse this initiative of the buyers, and therefore, the continuation of the price rise to $2.26 may take place without a noticeable correction. In the short term, the worst-case scenario at the moment is the ADA price exiting the white channel and retesting the mark of $1.5. If this test takes place on medium or low volumes, it will be a great chance for investors who did not have time to buy this coin. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
40
Cardano (ADA) - 2 entry point. Look where...The coin has secured itself over a large range. The resistance level of 1.96 was also formed. The best scenario rod ADA is slow squeezing to this level. If it happens, it will form a good breakout pattern. The trader's main mistake is to see one scenario and not be prepared for another. So if the price falls in the range zone - a good entry point would be 1.748. I showed entry points on the chart. I set alerts and wait for buying. 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
Long
by Yuriy_Bishko
13
ADA - 6h. We expect a test in the range of $1.45-1.5After almost 2 months of torment, buyers managed to take control of $1.45-1.5 . It was from the 4th time that Cardano buyers broke through this liquid zone and continued their journey with an ultimate goal of $2. However, given the nature of the breakdown of this range and the not too vigorous growth of the ADA price, it seems that buyers will have to continue defending the range of $1.45-1.5. If we look at the hourly timeframe , how sellers started their local downward trend, we see a significant increase in sales below the $ 1.7-1.72 range. Buyers' unsuccessful attempt to maintain this local range allowed sellers to hit stop orders that were below $1.58-1.64: Buyers managed to get the price back above this local range, but we do not believe that this local range can become a solid support for the continued growth of ADAUSDT. In addition, we see that the current wave of growth is taking place at low volumes, which indicates a small number of interested buyers in this range. Therefore, our main scenario is the continuation of the fall in the ADAUSD price with the first target at $1.45-1.5. Alternative scenario. If the BTC price breaks the mark of $48600, we think that the ADA price will again return to the wide consolidation zone $0.91-1.5 with the first stop at $1.2 _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
42
ADA 12h There will be growth, but a little bit laterSince the previous short-term idea in the ADAUSDT pair worked out our goal from above, it's time to look globally at the picture. Globally, ADAUSD has been in consolidation for the second month, preparing for a breakout. Most likely the breakout will be upwards and the first target from above is around $2 But before that, we would like to ask the market to let us into the long, at least for $1.26 :) Also, global goals for the possible future price of the Cardano token should be spinning in our head, and this is a range of $4.30-5 Global ADA upside correction will begin if sellers push her below $0.97 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
32
ADA 12h Who believes in ADA for $5 then go in and read the ideaOnly two weeks have passed since the publication of our previous idea ADAUSDT. During this time, buyers were able to skillfully buy back the torrential fall and fix the price above the level of $0.92, which we mentioned in the previous idea. And then, as they say, it is already a matter of technology, and it is quite easy to get +60% growth. The price reached ATH and even updated it a bit. This 60% increase was underpinned by news of the launch of a partnership between COTI and Adapay with the Cardano foundation. In the digest "Bitcoin weekend" №11 you voted to make our analysis of the ADAUSDT pair. Therefore, let's figure out what prospects await us. In principle, updating the absolute price high is a very costly process both in terms of news and in terms of resources. But a similar situation, relatively recently, we had on the MATICUSDT chart and how can you see the idea cool worked. Well, if we continue the parabolic growth, which is now working out pretty well on ADAUSD, then by the end of the month and the first quarter, we can get growth to $4.30-5.15 . While this is an incredible scenario, but probably very few people expected x6 from Matic in 1.5 months. Please write in the comments which news on Cardano you expect to be worked out by the end of the month , and that they can help in such theoretical frenzied growth! A negative scenario should be considered if the price consolidates below $0.97-1. Now very few people look in his direction, a lot of users believe in the rise in the price of ADA _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
37
Plain and simple ADA analysis TODAYPlain and simple ADA analysis TODAY BINANCE:ADAUSDT ADA is in full hype mode, so i posted a little video yesterday at the peek , to warn everybody as it was spiking. Turned out, i was right. So, the bearish signs were too obvious... Bearsih divergence, volume and so on... However, the parabolic move is still intact. BUT Many other cryptos broke it during their rise into this 2021 bullish cycle. I would be really surprise if ADA was able to stay inside his parabolic move. Chance are high that we might revisit 1$, so patience for now, stay away from it. And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure. See you all tomorrow, and don't forget to smash that like button !
Short
by Copytrade_TV
6
ADA 12h Level $0.92 will decide where the next movementWell, the buyers reached a goal of $0.90 from the previous idea ADAUSDT without abnormal efforts. The price only once tested the level of $0.6 from above after breaking through and continued to rise. The most recent high ADA is $0.98. An interesting picture is emerging now. At night, the ADAUSD price was shed quite strongly to $0.70, however, buyers bought back the falls and formed a Pinbar at the 12h candlestick. Such a candlestick can be a signal for continued growth. You should closely monitor the price behavior around the level of $0.92 If they can gain a foothold above $0.92, then the way will open for growth to ATH $1.33 However, if sellers activate aggressive selling and do not allow the ADAUSDT price to gain a foothold above $0.92, then we can expect a rather strong fall or correction - at least to $0.60 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
37
Cardano - summer surveys.The truth is that Cardano has been on a spectacular rise since the beginning of the year. Right now and according to the idea we are in the middle of a fibonacci level of 2.618 since the last big drop that occurred in May 2018. Since the RSI is quite overbought there is a high possibility that the pair will correct in the next few days. Let's hope it respects the lower ideal consolidation zone, above $ 0.58. On the other hand and in a broader weekly view we also see the RSI (91) overbought. Signal that would make us confirm that possibility of a downward correction. If some strength is left to this relatively long movement, at least it is to touch $ 0.93 and hopefully also to consolidate in that area. What are your thoughts? Thanks for your support!
BINANCE:ADAUSD
by harribatu
3
ADA 12h What is closer for you $0.90 or $0.38?The growth option above $0.48 in the ADAUSDT pair was definitely not our priority. But ADA buyers decided otherwise and organized a shock weekend. The channel was confidently broken up on high volumes. Caught up the Cardano price to the level of $0.708. Now the price is in consolidation. If buyers show for some time that they can easily keep the ADAUSDT price above the level of $0.58-0.60 , then the growth can continue to the next level above $0.90. In case of aggressive sales and confident fixing of the ADAUSD price below $0.60 , sellers will start a local fall trend with the target to test the level of $0.38. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
21
ADA 12h How much more strength for growth?Below $0.30, aggressive buyers did not let lower the ADA price, keeping it within the channel. The price is now moving up, refreshing the recent high of $0.40. Now, the price is moving to the upper limit of the channel in the zone of $0.47-0.48. And there it is worth thinking about whether it is worth continuing to keep the ADAUSDT long or it is better to take profit. Or maybe just put a short stop so as not to give the deserved profit to the market?) After all, further the scenario with the ADAUSD price fall to the lower limit of the channel $0.34 may start. Though, the real protection and aggressive buying were carried out in the liquidity zone of $0.23-0.28. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
44
ADA 12h It seems the growth is over...Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out , it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest . We promised - we are doing. After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers. What do we see next? The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38. In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall. The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
11
ADA - 4h. Buyers are preparing to attack $0.38-0.4.Two days of falling in the ADA market did not change buyers' plans to continue growing. The ADA price tested the price range of $0.295-0.308, which we defined in the previous idea : The test of this range took place at high volume s, which proves buyers' interest in the coin. As you can see from the previous idea, the price went according to the second scenario, breaking the local trend line of buyers, which they controlled from January 1. However, we can't announce the end of the growth trend. The ADA price stopped its aggressive growth before the strong liquidity range of $0.38-0.4. Given that buyers have the strength to keep the price - the first short-term target is a second attempt by buyers to break the range of $0.38-0.4. The critical point of this scenario is the mark of $0.33 . If buyers can not keep this mark - buyers will again have to defend in the range of $0.295-0.308 _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
13
ADA-4h. Are buyers ready to continue to grow to $0.6?Due to the slowdown of the BTC price and the decrease in trading volumes, the uncertainty in the ADA market is growing. Our previous idea for ADA worked out perfectly and the price reached the target . However, now the situation is becoming tense. The last wave of ADA growth from January 11 looks weaker than the previous one. Also, trading volumes are much lower. The local high, which the price updated on January 17, provoked the formation of consolidation in the range of $0.38-0.4. In the larger timeframe, it is noticeable that the ADA price has hit the top trend line. Therefore, continued growth is possible only with an increase in trading volumes and a breakdown of the range of $ 0.38-0.4. The situation will worsen significantly if buyers do not keep the mark of $0.34. In this case, the breakout of the range $0.38-0.4 will have to forget and the price will confidently continue to fall to $ 0.29. In this trading situation, to maintain risk management, we would consider a short-term trade or from $ 0.34, or a medium-term trade after fixing above $0.4. The ADABTC schedule gives us a good hint: As we can see, the price has broken the critical price zone and now buyers are trying to keep it. The probability of continued growth is currently higher. However, in such an indefinite time it is better to be without a position.
by P_S_trade
10