Cardano Time- Updated chart and Levels ⏰💹Market could be up for a nice Pump next:
Cardano being the 'slow sleeping beauty' tends to awaken at the right times so here we go with some news:
⏰Binance Expands Support For Cardano (ADA) : The world’s largest crypto exchange Binance on Tuesday said it will add Cardano (ADA) and Litecoin (LTC) trading pairs against TUSD stablecoin.
Link: coingape.com
⏰Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins
Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.
Link: www.coindesk.com
⏰Cardano's transaction fees have hit record high since August 2022, marking notable rise in network activity and demand
Link: u.today
💹Chart says:
Ascending channel on support 0.356 and price over 0.375 (secondary support).
Targets are 0.440 and 0.519
Let's go there and then see if we can break higher.
One Love,
The FXPROFESSOR 🌅
ADAUSDT
Cardano- i read many peoples complain about ADA on Twitter.
- Like the project is bad and going to nowhere.
- As Trader my job is only to do the Math and check pourcentages.
- i care about what peoples speak but i verify and deduct.
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So let me do Little Math for Cardano :
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- in 2018 if u bought ADA at Bottom ( 0.017$) you could have made +6500%
-- So if u invested 10k$ you could have returned $660,000
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- in 2020 ADA returned the same bottom level ( 0.017$) then made +16160%
-- So if u invested 10k$ you could have returned $1,626,000
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- So Now i don't think we gonna see again 0.017$ in entire Cardano Life.
- So haters gonna hate but Cardano made the Job.
- Just have to buy at the good time and be patient.
- if you bought the TOP, it's not Cardano fault, but your own fault!
- Next Target could be around 7.5$ (+3000%)
Happy Tr4Ding !
ADAUSDT testing the support levelHello everyone. According to the ADAUSDT coin, I am also confident in growth. Let it be far from the first time, but we broke through the level of 0.375. They drew something like a double bottom. And now the price is testing this level. From where there is a good option to go long with a target of 0.415. We will put the stop somewhere behind the level at 0.3728.
Ada going as predicted on 29 April last ideaAda price came down to 0.34 from 0.40 as predicted in last idea 29 April. Now its going up by following our arrow. If it keep following this arrow and rising channel then Target is 0.50
If any daily candle closed below 0.36 then price will not pump soon. It will keep dumping…
ADAUSD BUYWelcome . Cardano is positive despite the market downturn. The currency has breached the bearish pennant with. Re-test the area. It also formed a very positive candle on the daily chart. There is a lot of pressure from the buyers to push the market higher. to 0.4000 in the first stage. And level 0.5000 good luck. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. And click "Like" so that everyone can reach the post and benefit from it and get free content. Thank you
ADA analysis (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA), was also in the green to start the weekend, with prices moving further away from a recent support level.
ADA/USD hit an intraday high of 0.3667 earlier in today’s session, which comes following a low of 0.3564 on Friday.
The move has resulted in Cardano climbing to its strongest point since Wednesday, moving away from the aforementioned floor at 0.3550 in the process.
ADA has begun to consolidate, with the price now retreating from its earlier highs, following a collision with a ceiling on the RSI.
Price strength has failed to move past a point of resistance of 44.00 which has pushed the token to a current reading of 0.3638.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin & Ethereum: Sunny Outlook ⛅ Ripple & Cardano Shining? ☀️Sunny weather with a few scattered clouds lies ahead for the crypto space, including Bitcoin and Ethereum . The market sentiment is boosted by the Nasdaq's overnight rally and hopes of an imminent debt ceiling deal. This sets the stage for a slightly bullish market with upside potential in the next 24 hours. 🚀
But the spotlight today falls on Ripple and Cardano , as they bask in tropical conditions - very bullish with significant upside potential. 🌴🌟
Over a one-week horizon, cloudy weather with some sun for Bitcoin , which means a slightly bearish market with downside risk. The outlook is better for Ethereum, Ripple and Cardano : a slightly bullish market with upside potential.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
ADA’s Uptrend is DangerSince December 22nd ADA is moving in an upward sloping channel. It has found support on the lower boundaries of the channel in March 9-12 and lately on May 8-15. Notice that ADA tends to leave wicks below the trendline.
ATM it is not clear if ADA will hold the channel support or fail. To be honest, much depends on BTC which is at resistance. Therefore, I have two scenarios, along and a short.
Long Scenario:
If ADA manages to find support above the 4HR EMA and above 0.3755 USD which is the local resistance.
Entry: 0.376
SL: Below channel support at approximately 0.362.
TP1: 0.42 (previous resistance).
TP2: 0.4579 (previous resistance).
TP3: 0.4728 (0.786 fib target).
Be aware that currently ADA is below the 50 EMA on the 4HR and the Daily.
Short Scenario:
Considering that ADA may lose channel support and that BTC is also below the 50EMA on the 4HR and the daily, this scenario is more likely IMO.
Entry: after a break and retest of the channel support at approximately 0.365
SL: above channel support and the 4HR EMA at 0.372
TP: at around 0.3 USD.
You will have to manage this short because much depends on the behavior of the market as a whole and BTC’s behavior in particular.
ATM I don’t expect ADA to drop below 0.3 USD, but as you can see there are a lot of imbalances (green boxes) below 0.3 USD. So, a wick below 0.3 USD is possible, if not likely.
Fun Fact: the previous cycle, bottom to bottom to ADA 70 days. If this cycle is similar the bottom is not far.
NFA
Would appreciate your feedback.
Best wishes to all.
adausdt are you rdy ?🧨😉Well, well, well
We are analyzing my favorite cryptocurrency, but I don't like its creator at all, because in my view, he is nothing more than a fool.
First of all, I must say that from the point I marked, there should be a drop to the price of $0.1858, then when it reaches this price, it will be the entry point for taking a long position. Now I will tell you how far.
The first target is $0.5866, then the second target is $1.2248. Now, whether you want to accept it or not, this is what you see.
ADA: Shining Bright ☀️ Will BTC, ETH Catch the Updraft? 🌩️🚀🤔The weather is 🌴 tropical – very bullish with some upside potential – for Cardano today. However, stormy weather is ahead for the rest of the global crypto market. ⛈️ This translates into a very bearish market with some downside risk for cryptocurrencies like Bitcoin, Ethereum, Binance Coin, and Polkadot.
Over a one-week horizon, ☁️ cloudy weather with some ☀️ sun is likely for Bitcoin, signaling a slightly bearish market with downside risk. The outlook is a bit brighter for Ethereum, Ripple, Cardano, and Dogecoin, where ATTMO signals a slightly bullish mood with 🚀 upside potential.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
BTC ⛈️ ETH ⛈️ Will ADA Soar Despite the Storm? 🌩️🚀🤔Stormy weather ahead on the global crypto market. ⛈️ This translates into a very bearish market with some downside risk for cryptocurrencies like Bitcoin, Ethereum, Binance Coin, and Polkadot. The weather is, however, 🌴 tropical – very bullish with some upside potential – for Cardano today.
Over a one-week horizon, ☁️ cloudy weather with some ☀️ sun is likely for Bitcoin, signaling a slightly bearish market with downside risk. The outlook is a bit brighter for Ethereum, Ripple, Cardano, and Dogecoin, where ATTMO signals a slightly bullish mood with 🚀 upside potential.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
ADA, MATIC, AVAX Shining Bright 🌴☀️🔥 What About BTC, ETH? Tropical conditions 🌴 – very bullish with some upside potential – are predicted for Cardano, Avalanche, and Polygon in the next 24 hours. This means that a slightly bullish market with upside potential is highly likely.
Sunny weather with a few scattered clouds 🌤️ lies ahead for the global crypto market, including Bitcoin and Ethereum. Investors anticipate a US debt ceiling deal. Over a one-week horizon, ATTMO expects cloudy weather with some sun 🌥️ for Bitcoin and Ripple, translating into a slightly bearish market with downside risk.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
ADAUSD 23May2023if you see that the price responds positively to the trendline, chances are that the price will return to bullish. Broadly speaking, I still believe ADA is in a bullish trend which is currently in a correction period. This bullish trend fails if the price drops further than the red line below. whereas in the short term, the bullish trend fails if the price falls more than the blue line (1)
BTC, ETH 🌤️ ADA, AVAX, MATIC - Today's Crypto Stars? 🌴🌟Sunny weather with a few scattered clouds 🌤️ lies ahead for the global crypto market, including Bitcoin and Ethereum. Investors anticipate a US debt ceiling deal. This means that a slightly bullish market with upside potential is likely.
Tropical conditions 🌴 – very bullish with some upside potential – predicted for Cardano, Avalanche, and Polygon.
Over a one-week horizon, ATTMO expects cloudy weather with some sun 🌥️ for Bitcoin and Ripple, translating into a slightly bearish market with downside risk.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Cardano (ADA) is about to break down the support!Hello, everyone!
As you know, sometimes I can take the trade on BINANCE:ADAUSDT instead of Bitcoin. Today I am going to show you my thoughts about this asset, what we can wait in the nearest future.
ADA demonstrated the bounce in the first half of 2023, formed the bearish divergence with the Awesome Oscillator. This is the clear sign, that it was just a correction to the downtrend impulse. I consider the final bearish wave which should be ended with the 5 waves cycle. If we suppose that wave 1 has been already formed, ended just at the support trend line, now we can expect the reactive wave 2. It has the target at 0.61 Fibonacci retracement, $0.41 .
This potential bounce could be the nice bull trap. The wave 3 which is going to follow this bounce can easily break the support line. It has two targets: $0.29 and $0.22 . My plan is to wait this bounce to open short trade.
Best regards, Ivan
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ADA ANALYSISHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ADA possible elliot wave countFor ADA we have an simillar count as for bitcoin, below you can see a link to BTC idea
Both waves 2 ended on the 0.618 Fibonacci inside a rising wedge
At the beginnning of an uptrend, bearish patterns has a higher chance to break to the upside
2 great targets are:
- the 1.618 fib extension/previous support and the 0.786 fib of the downtrend around 80 cents
- the 2.618 fib extension/ 0.618 Fib of the downtrend and the yearly close of 2021 around 1 dollar 30 cents
This is gonna take some while to develop but it could form al larger cup and handle for a breakout after the bitcoin halving
Crypto Update: ADA gearing up for new push higher?Today's focus ADA
Pattern – HL support hold
Possible targets – .3550
Support – .3550
Resistance – .3665 - .3770
Looking at ADA today, we can see a few bullish signs coming into play. We have run over them in today's analysis, and the rejection signs we will also be looking out for. Effectively we want to see support continue to hold and feed a new rally. If we do see this, we would like to see a new test of resistance to show buyer strength and break of that level to start thinking the overall up trend is still in play.
Thanks for stopping by. Good trading, and have a great day.