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Adausdlong

ADA explosion comingIf you are not in this baby...madness. In few days cardano is going to explode and reach 4.1 at least. it has succesfully break out the ATH and has held amazingly well above it. Now the 50 VWMA is approaching the prize to create support and also extreme volatility. ADA also painted a pennant which is slowly reaching an end. The target was taken by measuring the pole of the pennant and also depth of the cup. also the last time the stoch rsi on the daily was this oversold was at the bottom of this last correction. The BB bands are narrowing, squeezing the price forecasting high volatility in the short term. The volume increased on the ATH break out to then dry up while creating the pattern, this suggest a profit taking for the last 2 weeks. Now ADA is ready to push. Be ready guys is gonna be a fun ride. This is a follow up from the previous post on ADA. FOLLOW ME, SHARE, LIKE AND COMMENT.
BINANCE:ADAUSDLong
by CFcryptoTA
2
ADA weak breakoutADA has pushed hard in the last month, and it is now looking feeble. It is now breaking out from a channel to retest the new ATH resistance. I expect ADA to break out to reach 3.07, a new ATH, before retracing a little and then push to 3.4 short terms. However, the underline structure starts weakening with a bearish divergence between price and volume, which is a warning. It will be a warning until confirmed, so the trend, for now, remains bullish, especially with Alonzo coming online soon. Be ready for a possible turnaround for a healthy retracement anytime soon.
BINANCE:ADAUSDLong
by CFcryptoTA
6
ADA Renews Journey Above $3 While $3.5 Comes To Sight Cardano seems to be joining Ethereum in the altcoin-led weekly bull cycle. Cardano embraces price discovery above $3 while massively support between $2.81 and $2.8e, as the IOMAP reveals. Cardano is up nearly 9% and has reclaimed ground above $3. The token is the first among major cryptocurrencies to hit a new all-time high. ADA is on a path to hitting another milestone at $3.5, while investors believe that it is just a matter of time before it rises to $5. Cardano Once Again In Price Discovery Mode According to IntoTheBlock’s IOMAP on-chain metric, the newest smart contracts token is back in price discovery after testing support at $ in August. All the addresses that previously bought ADA are in profit. At the same time, Cardano has no defined resistance as it advances. Hence, a slight push above $3 will quickly bolster the token toward $3.5. On the downside, ADA sits on top of immense support areas, as observed by the on-chain metric. The region running from $2.81 to $2.84 is the most substantial buyer concentration zone, hosting around 94,300 addresses that scooped up 3.42 billion ADA. This support assures investors that ADA is well supported and the least resistance path is upward. In the meantime, Cardano is seeking support above $3 to enhance the bulls’ presence in the market. A real break above this area of interest will set ADA on a $3.5-bound journey. Notice the Relative Strength Index (RSI) gaining traction into the overbought territory. A break above 70 may trigger more buy orders as bulls tighten their grip around the price. The Moving Average Convergence Divergence (MACD) adds credence to the bullish outlook based on its position relative to the mean line. A sell signal that had come into the picture is in the process of being canceled. As soon as the 12-day EMA crosses above the 26-day EMA, the odds for another swing north will come into the picture. Besides $3, Cardano is kept in place by an ascending trend line since the beginning of August.
BINANCE:ADAUSDLong
by CoinGape
1
ADA one more leg up then Crash?Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Ada is currently on support level, There is room I believe for one more upside to around 3.10-3.20$ before breaking down and cooling off for a while. I see strong support around the 1.60-$2.00 range and that I would look to accumulate again. Around 3.10-3.20 I will start de risking and selling some there.
BINANCE:ADAUSDLong
by IWealthCommunity
4
💎ADA CARDANO - Japan, Here we Come! 🗾💹Price has failed to reach the 3$ mark (came close by 5 cents but no touch and no cigar). Will this happen sometime today or tomorrow? Maybe Will the price rise to higher levels now or a but later? Hopefully now Will the price dip under support? Hoefully not, it depends also on what Bitcoin will do. Fundamentally, tomorrow is a HUGE day for ADA CARDANO. On August 25, people from Japan will be able to buy $ADA on the stock exchange. Decentralization and security of #Cardano will be increased. On top of that, Smart contracts are being launched soon.. So, let's go Higher Now ADA!! One Love, the FXPROFESSOR 💠
Long
by FX_Professor
15
ADA TargetsADA has broken out of the 1.272 fib retracement at 2.87, which is great to see. I've laid out all the fibs and log fibs for potential areas of resistance in the future up to 4.33. Just because it's out there doesn't mean it has to be resistance but they might be good places to scale out of long positions or enter short scalps if the price is overextended right under a fib resistance. My timeframe would be in the next 2-3 months but many of them might get hit in anticipation of the smart contracts upgrade.
Long
by micjmor69
2
Simplifying ADA | Cardano Analyses This is a long term ta for ADA, although i dont like ADA as much, also i considered this as a shitcoin but now it has chance to prove me wrong. ADA has built up extreme bullish momentum and this is because of their news of releasing smart contracts in early september. As of how effective will be their smart contracts, for that we will have to wait but Till the September, I expect it to continue bullish price action, regardless of bitcoin movement. Cheers 🥂 If you have any doubt or feedback please comment below
BINANCE:ADAUSD.PLong
by abhinxx
Cardano Update 22/08/21: $2.45 Target 🎯10% Gain to $2.85Cardano 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
5