ADAUSDT (Cardano) ADAUSD (1H CHART) Technical Analysis
ADA /USDT currently trading at 1.28
Waiting for the support breakout
Short Entry-level: Below 1.22 (only enter if 1h candle closes below the support line at 1.22)
Stop loss: above $1.365
Target 1: $1.00
Target 2: $0.82
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Adausdanalysis
Cardano ADA big picture WeeklyWhat i found on cardano weekly chart just zoom out on weekly chart and cardano is forming cup and handle pattren.
As cup and handle pattren brakes the next move will be same as the cup bottom to the Nick line of cup which cane lead us to 7usd+ target
Let the cardano retrieve to 0.62 after that sky is yhe limit
Entry: 0.62 - to - 0.78
Take profit: 7+ usd
Note: its long term game people with high blood pressure stay away from this trade 😎😎😎
ADA Potential Buy entering Buy Zone 1ADA entering Buy Zone 1. Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
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
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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 :)
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 :)
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 :)
CARDANO - Ethereum's main competitor The Ethereum killer as some name it. It's technology seems to be gaining more and more fanatics in the crypto space.
Ethereum 2.0’s ‘science is not good,’ says Cardano’s Charles Hoskinson , as Cardano Gets Closer to Goguen Era after the successful rollout of the Goguen “Mary” update
(the one of two hard forks that will allow Cardano to transition).
i think we picked a winner again..
(Thanks Jose)
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 :)
ADA Analyze by Daniyaldaraei CryptoCurrency master analyzerhello everyone , please like it and follow to reach more and gain more ;)
Cardano , after my last analyze that get two target reached and made a huge bullish rally
The bulls attempted to extend the uptrend on Jan. 7, but the bears aggressively sold above $0.340 that made a good correction to 0.2627
now we have ada cardano on 0.33-0.34 .
cardano have 0.354 resistance , and if bull could break it, we can simply reach 0.40 and 0.50 (psychological price action resistance )
and if bears could push it more down , of course with participating with BTC! we can reach to full retracement level at 0.2390
this analyze will get update soon
keep calm and hodl ADA
The Long Game with Cardano I don't really post much anymore as I am not actively trading. For this bull cycle I plan on just buying as much as I can now and riding it out for the next year.
Cardano is a long time favorite and I've been accumulating this one for a while. In July, Coinbase announced that Coinbase Custody would support Cardano staking. Around March 2021 Cardano plans on releasing Goguen which enables Smart Contracts and DApps to be made with the addition of expanding decentralization capabilities. Upon a successful release I expect Coinbase to announce that regular users will be able to buy and stake Cardano. At that point, I expect a retest of the previous high, $1.40, some time after. (Not saying ADA will get there but Tezos is a popular staking token on Coinbase and peaked at $4.44 back in August)
That, coupled with Bitcoin just getting started on this next cycle, is why I'm posting this today. If you want to make one buy and hold trade then Cardano is poised to perform well. You can also start staking as well and earn rewards.
Price Target: $1 by September
References
www.coindesk.com
roadmap.cardano.org
ADAUSDT (weekly Chart) Resistance level Breakout#ADAUSDT Technical Analysis Update
Resistance Breakout
ADA/USDT currently trading at $0.170
LONG ENTRY level: $0.150 TO $0.170
STOP LOSS: below $0.124
Resistance level 1( Target 1): $0.230
Resistance level 2 ( Target 2): $0.38
Max leverage: 2X
Risk Reward Ratio : 1: 7
ALWAYS KEEP STOP LOSS...
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Cardano at Decision time! HOLD THE LINE! ADA/USDCurrently Cardano is right at a major support level of about $.10. As you can see it has been an important level for a long time. Since the March crash, it has show great respect to our trendline with only brief wicks below. (The longer the wick below the candle, the more support) If ADA can hold .10, I expect a much bigger move coming within the next month or so. Thanks for looking and please feel free to ask any questions! :)
ADA/USDT (Short-term trade)ADA/USDT is presenting a good buy opportunity upon break of short--term resistance.
Next resistance (R2) presents good upside (a good place to TP)
RSI has room to grow on 1D
MACD still bullish, but may turn bearish (would watch before entry)
Stop loss @ 0.10399 USDT
The Crypto Associate is not responsible for any losses incurred during trading digital assets or any form of security. This analysis does not constitute investment advice and should not be regarded as such. All analyses is for informational purposes only.
Cardano ConsolidatingCertainly does not look like Cardano is ready to break out today or tomorrow.
The weekly candle is setting up as a doji (indecision candle) following last week's epic move up, which does suggest that next week could see a nice continuation for ADAUSD, resuming our recent weekly chart analysis for a 170% target on route to 1000% gains.
ADAUSDT UPTRENDHi To All
Everything Is Clear In Ichimoku, ADA IS Above Weekly Cloud Como And When Kijunsen And Tenkansen Paired Together, This Is Sign of Strong Uptrend.
If You Agree Hit The Like Bottom And Support Me With Following.
The Information Provided Is Not Trading Advice But An Informative Analysis Of The Price Movement.