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Adausdlong

ADA (Cardano) Ready to pumpBased on my analysis on Daily timeframe as we can see the price is ranging at a strong support key area which has acted as both support and resistance previously, what makes it more interesting is having EMA200's support at this area as well, and even more interestingly based on Fibonacci retracement this area happens to be at 0.618 (Golden Number) which makes reversal more likely and a high quality trade for a long position. Plus on the RSI we have this bullish channel with a double bottom (Extra Confirmation) as well as a pretty big falling wedge pattern. NOT FINANCIAL ADVISE!
Long
by UnknownUnicorn26716819
ADA/USDT - Potential 49% SetupHello Traders! ADA is finishing the correction. There was formed a "descending wedge" trend continuation pattern on the chart. Purchases can be considered between the price levels of $1.97 - $2.07 It is appropriate to place a stop loss near the price level of $1.67 The targets for buying are at $2.73 and $2.95 Excellent short-term trade with a good risk/profit ratio Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:ADAUSDLong
by UnknownUnicorn10064030
ADA last buyI know some of you were scared during the last 2 days as ADA dip quite considerably. This was a liquidity and stop loss hunting event. You have now the best bargain you could think off. This is a simple chart. As you can see ADA for the last year and half have reacted to the touch of the 200day MA. Well here we go we are excatly flirting with the MA. ADA has been moving slowly and trading in a tight range for 1 month and half. This has been a great accumulation which i expect to result in an upward explosion. If we clearly open and close on the daily below the 200 MA then i will think to exit. For now, if I had more capital i would add to my position. 4.2 should be coming pretty soon. All the other indicators are showing an oversold condition and also the KST, ChandMO are waiting on the equilibrium line approaching a breakout. Once again this was just a shake out. Do not panic.
BINANCE:ADAUSDLong
by CFcryptoTA
Cardano Update 15/10/21: $4.40 Target 🎯Potential 104% GainCardano (ADA) Update 15/10/21: $4.40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold market condition and we can expect bullish sentiment back in the market. From the current price we expect ADA to push above the 61.80% with a clean break above this level as ADA has failed several times now to flip this critical level into strong support for the next push phase towards $2.60 at the 78.60% fibonacci level. For the next impulsive move, it is important for ADA to establish the 61.80% and 78.60% fibs as levels of strong support. Our current targets for Cardano (ADA) from the current price level @ $2.16. 127.20% fibs @ $3.67 (69% Gain) 161.80% fibs @ $4.40 (104% Gain) 261.80% fibs @ $6.51 (201% Gain) EOY/Q4 Target at the full fib extention 423.60% @ $9.92 (360% Gain from the current price level @ $2.16). Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :) Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :) Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :) Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9. 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. 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. Overall very bullish outlook on ADAD with a long-term price target of $9 EOY. A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
15
Cardano(ADA) is going to pump after this breakout!As you saw Bitcoin did break its flag pattern (See related analysis), and goes up very good. Altcoins like ADA always are late in climbing but they climb finally! Lower wedge pattern trend line which is also a weekly channel's lower trend line is supporting price. IMO an strong breakout will happen according to technical analysis and Market situation. A 4H engulf candle above 2.33$ will cause an strong rally up to All Time High and surely upper after some side ways and corrections. Don't forget that ADA Just is heavy because of its market cap and this delay was expected. Personally I don't think that Ada break weekly support channel trend line but a fake breakout or shadow to throw out weak hands can be happen. Like and comment for more analysis like this is needed! Be Profitable.
Long
by TahaZargar
7
ADA opportunity It has been few days since I haven't update you on ADA. It has to retrace exactly where I was expecting on the breakout of the bearish head n shoulder, touching the 1.9 level. It is now forming a flat triangle. ADA has just breakout a month resistance trendline and I expect it to accelerate to the 2.45 level. I highlighted my Stop Loss which is aggressive. The expected final target of this 4-6 months bull run is around 20 dollars. Short term I expect ADA to find resistance at the 3.1 before the full bull run kick in. The HTF shows we are now in the 5th impulsive wave of the bull cycle. STF shows that we just completed wave 2 of the new primary trend bull run and we are now approaching the 3rd wave, the most aggressive of the 3 impulsive waves. FOLLOW ME, SHARE, LIKE IT AND COMMENT
BINANCE:ADAUSDLong
by CFcryptoTA
ADA Lags Recovery To $2.5 Despite Peers Hitting New Milestones Cardano price teeters within a wide range, marked by the 50-day SMA on the upside and the 100-day SMA on the downside. The IOMAP model reveals that ADA sits on robust support while the absence of a massive resistance favors the bulls. Cardano is seen trading at $2.2 on Monday toward the end of the Asian session. The smart contracts token is becoming competitive, biting into Ethereum’s piece of cake alongside Solana. However, its price action continues to be sluggish compared to Ethereum and Bitcoin. Cardano Price Stuck In Wide Range Cardano spears stuck in a wide range, marked by the demand zone in green and the red area in red on the daily chart. Bulls firmly defended the support accentuated by the 100-day Simple Moving Average (SMA), a move that ensured that declines did not stretch to $1.5. The token commenced recovery together with other crypto assets on Friday but lost steam before reaching $2.5. The 50-day SMA added weight to the resistance, cutting short the uptrend eyeing $3. Meanwhile, the Moving Average Convergence Divergence (MACD) highlights a buy signal hints at the trend leaning upward. As the 12-day Exponential Moving Average (SMA) crossed above the 26-day EMA, the odds soared in favor of the bulls. The momentum calculating technical index only needs to rally above the mean line to validate action above $2.5. At the same time, the Relative Strength Index (RSI) confirms that neither buyers nor sellers have the upper hand. This trend following tool also calculates the strength of the bulls and the bears. Currently, the leveling motion implies the prevailing consolidation will last longer. The IOMAP by IntoTheBlock reveals the absence of a robust resistance with the ability to hinder bulls from achieving their goals, at least to $2.5. According to this on-chain metric, the only area of interest runs from $2.22 to $2.28. Here, the slightly more than 101,500 addresses that purchased 2.41 billion ADA will be trying to break even, thus reducing the impact of the buyers. However, if the price slices through, the run-up to $2.5 will be quick. On the downside, Cardano sits on top of robust support spanning from $2.15 to $2.21. Here, around 132,400 addresses previously bought 5.58 billion ADA. It will not be easy for bears to break this support barrier, leaving ADA safely above $2.1.
BINANCE:ADAUSDLong
by CoinGape
2
ADA(CARDANO) , 5th Elliott wave almost 200% gain ahead. hello everyone , how yall doin ? so as yall see , the numbers are showing the elliott waves . Where is the fifth wave going to end ? it's simple (like always) , just have to use Fibonacci Extension . 38.20% , 50% and 61.80% are important percentages , so our first target is the red zone (it's the zone between 38.20% of Fibonacci Extension and 200% of Fibonacci Retracement). "Can it go upper than that ?" ----> we don't know ,just gotta wait and see , but it's possible ... if you liked the idea , give it a like . and if you wanna see more of these , follow , heck of analysis are on the way !
Long
by ArminChiani
2