Adausdlong
+630% on 45 mins !!! that's why ADA will reach 10$ 🚀🚀ADA REACHED 23 CENTS !!
19 MAY the price was +2$ n went to 23 cents on the same day !!
I'm pretty sure this the most coin whales agreed to short it.
what we can observe from that:-
1- huge whales shorted from 2$ then closed their short positions n finally they bought tons of ADA.
2- ADA made +630% in minutes cuz they bought a lot.
3- spikes went up after going down cuz they bought first to close their shorting positions.
what we can conclude from that:-
1- this is extraordinary cuz that didn't happen even with BTC.
2- when ADA go up from 23 cents then 1.80 again in minutes this mean that whales believe in Cardano n they loaded thousands of bags.
3- a bullish term indicator for the whole market, they know that Cardano wont go less than 1$ again.
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Cardano price pace sets recovery for altcoinsCardano plunged from highs around $2.4 amid the broad-based cryptocurrency declines. The losses extended below $2 before the bulls regained balanced at $1.4. Like Bitcoin, ADA immediately started a reflex recovery where the gap to $2 was almost closed on Thursday.
Despite leading altcoins in recovery, Cardano stalled under $2 and, more specifically, at the 50 Simple Moving Average (SMA) on the four-hour chart. A correction ensued, allowing bears to come into play.
At the time of writing, ADA is doddering at $1.75 after losing the key support at $1.8, provided by the 50 SMA. Higher support is needed for the bulls to concentrate on recovery fully. However, all is not lost because short-term technical levels appear steady.
Cardano rejected at the 50 SMA, but bulls focus on $2.4
The Moving Average Convergence Divergence (MACD) on the four-hour chart has a bullish impulse. For instance, the MACD line (blue) has crossed above the signal line, insinuating that it was time to buy into Cardano.
Note that the MACD is a chart overlay indicator tracking the trend of an asset and measuring its momentum. Although it does not suggest whether an asset is overbought or oversold, the MACD helps identify positions to buy the dip or sell the bottom.
A confirmed break above the 50 SMA will assist in guaranteeing the journey above $2 and toward the all-time high at $2.4.
However, the Relative Strength Index (RSI) has a bearish outlook, hinting at a more extended correction. As the RSI drops under the midline, overhead pressure rises; thus, jeopardizing support levels at $1.6 and $1.4.
Cardano intraday levels
Spot rate: $1.75
Trend: Bearish
Volatility: Low
Support: $1.6 and $1.4
Resistance: $1.8 and $2
ADAUSD BUY/LONG NOW READY FOR TO FLY LEAST 2.820 - 3.400TICKER CODE: ADAUSD
Company Name: Cardano
Industry: Cryptocurrency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Pennant / Falling Wedge (Forming)
2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 ( Silver Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Buy Entry: NOW READY (1.900) - The Market could potentially fall to 1.75
Next Entry: 1.75
1st Partial Take Profit: 2.820 (June - August 2021)
2nd Take Profit: 3.400 (October - End 2021)
I would recommend holding some ADA until price change trend direction
ADA-USDT / CARDANO - 3$ !!As a Beginner learner, tries to share my opinion in order to verify it in the future to learn from my mistakes and to reward myself if I found that I was right.
If possible, follow me and correct my mistakes so that I can learn from you.
I am a new learner in the cryptocurrencies domaine, and my analysis are not investment advice to anyone, I just want to save an archive of my analyzes in order to monitor my learning level.
thank you so much
1 ada = 2.48 Is valid. Island is an island. Btc is of course affected by the Eth drop. But Ada is a coin that has not experienced its full explosion yet.
There is a goal of 12-14 dollars in the future.
The most important issue is that the people who enter the island are generally corporate and far from short selling.
Since the sale is made while the price increases, the money inside always stays the same or increases.
I always tactic the ruler of the island.
We took the island from the bottom.
We are increasing the number of islands.
Not investment advice.
The reason I wrote this is because you buy and sell investments at your own discretion.
If you are in Germany, we can get 1 year investment with the contract.
Very Cheap CARDANO / ADA 3.05 $Bitcoin and Ethereum are falling, the island does not fall.
Let's not neglect to collect Fruits that will appear as Peak to Us when Btc and Eth de fall.
Get tp. Stop-loss = 1.96 $ There is a high chance of winning. But it is still affected by the rise and fall of bitcoin.
When the time comes, no one can afford to pay $ 3 within 4 hours at most.
The money entering Cardano is generally fixed inside, the market does not go below a minimum of $ 35 billion
Their investors are solid, so they don't take the act of short selling.
A coin is not short-selling, it always increases, albeit slowly. I suggest you read my old articles.
I don't think it will go below $ 3 in the future, not investment advice.
But be careful when buying for the first $ 3 visit.
If he enters full bull, his first goal is $ 4, his next target goes up to $ 12-14.
Do not forget to take Tp and set your Stop-loss.
ADAUSD BUY/LONG could potentially reach 3.00 in June 2021TICKER CODE: ADAUSD
Company Name: Cardano
Industry: CryptoCurrency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Megaphone Pattern (Breakout and Retraced)
2. Fibonacci Retracement at 0.618 (Golden Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Entry: WAITING For PULLBACK (1.8-2.00)
1st Partial Take Profit: 3.00 (June - August 2021)
2nd Partial Take Profit: 3.50 (October - December 2021)
Please hold some volumes of the following cryptos:
ADA, DOGE, XRP, and ETH
ADAUSD BUY/LONG NOW READY (Might still do a restest)Hi All, this is an update based on my previous ADA chart release. You can consider re-entering now already. HOWEVER, note that the market could still fall back to 1.27 - 130.
AGAIN THE OVERALL is still an uptrend yeap.
Technical Analysis
1. Fibonacci Retest to 0.618 (Golden Zone) - Market is bouncing off it already.
2. Retest of Fibonacci Level is also on NEW Horizontal SUPPORT level
Consideration: The market could still fall to 1.27-1.30 range so bear in mind. However, overall and long-term still a strong up all the way to at least 2.00 range.
ADA - Strong as usual! but don't play with it (As you asked)I've set this chart for you guys since you asked for short term scenarios.
The chart says it all: There are main support areas, a resistance and also targets which means you should open long positions right after the first confirmation after the price crossed the resistance area.
But as I've said before: Don't play with this coin! it's a backed and important coin, with a lot of long-term-investment potential. Buy it, hold it, and wait a few years... you won't regret it!
ADAUSDT Ready for Next Bull Run!ADAUSDT (4H CHART) Technical Analysis Update
Resistance Breakout
ADA/USDT currently trading at $1.75
Buy-level: $1.65 - $1.75
Stop loss: Below $1.50
Target 1: $1.85
Target 2: $2.00
Target 3: $2.10
Target 4: $2.20
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Cardano Update 09/05/21: Next Stop $2 14% Gain Cardano Update 09/05/21: Next Stop $2 14% Gain from current price level. Cardano has been consolidating for the past 2 months in a small range between $0.95 and $1.48 and we have now finally broken the previous key resistance at the 61.80% Fibonacci level @ $1.49. ADA's move towards the upside began on the 26th April, Our Swing Call Script triggered a strong buy signal when the 13 EMA crossed above the 50 SMA (55% Gain from Buy Zone) and Cardano broke above the 200SMA signalling back bullish market sentiment as the Bulls have continued to push the price higher. Cardano has grown 55% since the 26th April from $1.03 to $1.82 over a 13 day period to a new ATH in this Bull cycle.
Next Price Targets for Cardano:
🎯$2.36
🎯$2.92
🎯$4.94...we estimate this in 1 to 3 months from here at the 461.80% Fibonacci Level.
Cardano Update (05/03/21) From 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.
Notes:
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With the integration of smart contracts, the Goguen era represents a big step forwards in capability for the Cardano network. Where the Shelley era decentralizes the core of the system, Goguen adds the ability to build decentralized applications (DApps) on Cardano's solid foundation of peer-reviewed research and high-assurance development.
The work for Goguen has been under way in parallel with Shelley, and when complete will allow users from technical and non-technical backgrounds to create and execute functional smart contracts on the Cardano network. One of the goals for the Goguen era has been the creation of Plutus, a purpose-built smart contract development language and execution platform using the functional programming language Haskell. Plutus is already available for testing and brings the benefits of functional programming to smart contract creation. It also allows one code base to support both on and off-chain components, improving the coherency and usability of the development experience compared with existing smart contract implementations.
The Goguen era also encompasses work to make Cardano accessible to wider audiences via Marlowe, allowing financial and business experts with no previous technical knowledge to create smart contracts.
My idea how ADA will moveI think ADA gonna find next top at 2 USD and after again have another long retracement to 1.5 before moving to 2.5-2.6. As I have doubts ADA going to get extreme pumps as some are predicting am move conservative how it will move. As for now being close to 2usd I don't think it be good buy ADA now at the current time, just wait for retrace back to 1.5 if want to buy ADA.