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Adausdlong

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
ADA/USDTAlways read/ check for update comments as I might change (no Obama) something in the idea. We broke out of a consolidation phase, had a backtest, and broke resistance. The question now is, can we hold support? I am accumulating a short position within the rectangle "building a short position in this rectangle" and attempt to build a leverage position. ADA is currently pure hype and doesn't offer a helpful case as there are superior blockchains(no doubt Charles Hoskinson will pave the way to success, but it's too soon). The BB widens, which means we might continue higher, ranging between the middle and upper bands. There is also the possibility that the BB gap is overextended. Seeing the BB%B (blue highlight) time frame shows us when the BB has widened and corrected. Looking at the MACD, we can potentially identify wealth cycles. The blue highlighted areas suggest a change in trend where a bearish cross occurred. Also, the MACD shows a potential cross in the future. Lastly, we are placing bids in a plausible dead cat bounce zone for a long. I hope you all have a great morning. Please, leave a follow and a like, if you enjoy this analysis check out my other content. Best wishes, HONEYITSGONE! Now that the vital info is over with let me hit you with some facts. Firstly, who even buys ADA, I have been involved with crypto for a few years now, and I don't know anyone who purchases it. Secondly, did they find someone who wants to build on their network yet? lastly, how is the market cap larger than BNB?
Short
by HONEYITSGONE
10
ADA Bulls Aggressively Battle For All-Time High AT $2.5 Cardano price extends recoil from recent support at $1.92, coming face to face with the stubborn hurdle at $2.2. The MACD is about to flip massively bullish, triggering gains to the record high at $2.5. IntoTheBlock’s IOMAP model reveals immense resistance ahead of ADA, likely to hinder the recovery. Cardano is trading in the green toward the end of the Asian session on Thursday. This bullish outlook appeared after ADA embraced support around $1.92 following a correction from the recently traded three-month high roughly at $2.25. Meanwhile, the newest smart contract token is exchanging at $2.08 after the uptrend faltered at $2.2. The seller congestion at this level has remained intact, challenging recovery attempts that are eyeing the all-time high near $2.5. Cardano Price Is Bullish But Resistance Galore The short-term technical picture appears to have flipped bullish as ADA lifted from $1.92. According to the four-hour chart, the Moving Average Convergence Divergence (MACD) indicator would present a buy signal in the nearest future if not for the barrier at $2.2. The bulls must keep the price above $2, a move that could ensure market stability and increase the chances of the MACD turning bullish. In the meantime, holding above the mean line favors the bulls, but the 12-day EMA must cross above the 26-day EMA to validate the recovery and give bulls a boost to crack the barrier at $2.2. Trading above this level may trigger more buy orders as speculation mounts for gains to $2.5. Investor interest is expected to shoot up, especially after Cardano’s Alonzo network upgrade. Looking At The Other Side Of The Picture IntoTheBlock’s IOMAP on-chain metric highlights a massive resistance that may sabotage the expected upswing at $2.17. Around 61,000 addresses previously bought 1.1 billion ADA in this area and may wish to break even as the price rises, dampening the bullish pressure. On the downside, relatively strong support is provided for Cardano at $1.97. As long as ADA holds above this level, corrections will be mitigated, allowing bulls to forge another way to $2.5.
BINANCE:ADAUSDLong
by CoinGape