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ADAUSDT

SHOULD I INVEST IN CARDANO 2023?The answer in short = Yes! On December 2021. It happened. ADA up-trended from $0.1263 to $2.47 in just 20 weeks. There was bag holders (Strong Resistance), they decided to sell their primary bags in just 1 week. ADA dumped to $1.010 on 17 May 2021 and again to $1 on 21 Jun 2021. ADA investors filled their bags at $1.02 on 19 July 2021 to get ready for the last pump trip at $3.1010 in just 7 weeks, then bleeding or as it calls (Panic Sellers). ADA down-trended slowly to $0.4019 in 36 weeks, there wasn't strong support at $1.3 or $0.8 levels. What can you do as mid-term and long-term investor? As long as ADA below $0.8, you can fill your bag at this level and living with a peaceful mind. As pro trader, you are free to handle and get some profit from now to $0.8 at your own risk. According to weekly chart: If ADA does cross up $0.8 level, we will see $1.18 and $1.27 levels again. If ADA doesn't break up $0.8 level in next weeks, we will see $0.22 level. DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
by b4sk
RLinda ! ADAUSDT-> Moving averages support the priceCARDANO acquires for itself support in the tandem of moving averages. Ahead of the price has an obstacle, to which it seeks. What's next? Will the price reach 0.5500? So, after the active rise of the market capitalization, the coin strengthens and breaks through the resistance area between MA-50 and MA-200 and forms a consolidation above these lines, which play the role of support at the moment. The coin seeks to change the local trend. Re-test of the resistance area is forming (liquidity area and descending resistance line). In case of breakout of the lines, the coin may show active course towards 0.5500. I expect a breakout of the resistance area in the near future, it seems that the cryptocurrency market rate is stepped up in the direction of capitalization increase and strengthening of positions. Therefore I choose the resistance area 0.4500 and 0.5500 as a medium-term target, liquidity area 0.7000 as a long-term target. Sincerely R. Linda!
Long
by RLinda
12
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano (ADA) surged to a six-week high in today’s session, as markets reacted to the latest University of Michigan consumer sentiment report. Sentiment in the United States fell to a reading of 62 in March, from a final sum of 67 the month prior. ADA/USD surged to a peak of $0.4025 earlier in today’s session, following a low of $0.3709 on Thursday. This move saw Cardano climb to its strongest point since February 21, when the token reached a high of $0.4061. Overall, the surge came as the 14-day relative strength index (RSI) moved beyond a ceiling at the 60.00 mark. At the time of writing, the index is tracking at 63.67, which is close to the highest point of resistance at 64.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
✴️ The Same 5-Steps Pattern | Cardano Resumes GrowingThis is the same pattern all the Altcoins are showing and we already know that the market is interrelated. What one does, the rest follows. I will keep it simple. | Cardano (ADAUSDT) #1 | A low was hit in December 2022, the reversal starts this date. #2 | The bullish breakout happens in January 2023 and peaks February. #3 | A correction starts and ends mid-March. #4 | Resumption of the bullish move. Higher low leads to higher high. #5 | Fib. extension target calls for $0.59. The next target would be the end of Wave 3 based on EW, meaning that we still have Wave 5 of this bullish impulse. Wave 4 is another correction and Wave 5 the final high before the correction for the entire impulse. The last wave is the speculative wave and when the fireworks should happen. Namaste.
Long
by AlanSantana
4
Cardano RESISTANCE BROKEN! Cardano cannot be left behind when an ALTSZN comes. Cardano has one of the biggest ecosystems and it only keeps on growing which is a very important key factor to knowing which alts will go up the most. "Never underestimate communities" Even XRP,DOGE, SHIBA which people normally tend to throw hate all the time but they hold bigger communities than 99% of the cryptos out there. A remarkable thing we have seen inside Cardanos ecosystem has been some of those projects take off, for example AGIX. AGIX is part of Cardanos ecosystem and has been making a big buzz as its part of the AI . In my opinion, Cardano surely grabbed a diamond right there when they partnered with AGIX. AN IMPORTANT RESISTANCE HAS BEEN BROKEN which still cannot assure us of anything in the short term but in the long term it assures us the project will always remain there. Cardano is a blockchain platform that has been making significant progress in the field of decentralized finance (DeFi), offering a range of innovative features and benefits that set it apart from other blockchain platforms. One of the most significant positive aspects of Cardano is its highly secure and scalable architecture. Cardano's architecture is based on a unique consensus mechanism called Ouroboros, which uses mathematical algorithms to ensure that transactions are processed in a highly secure and efficient manner. This makes Cardano a much more secure and scalable platform compared to other blockchain networks. Another positive aspect of Cardano is its focus on sustainability and environmental friendliness. Cardano is designed to be energy-efficient and environmentally sustainable, which means that it consumes significantly less energy compared to other blockchain platforms. This is a crucial factor in the world of cryptocurrencies, as the energy consumption required for traditional blockchain networks can be unsustainable and detrimental to the environment. In addition to its technical advantages, Cardano has also been making significant strides in the world of DeFi. Cardano's platform allows for a wide range of decentralized applications (dApps) to be built on top of it, making it an attractive option for developers and entrepreneurs looking to create innovative solutions in the DeFi space. Overall, Cardano has been making significant progress in the field of blockchain and DeFi, offering a range of innovative features and benefits that set it apart from other blockchain platforms. Its highly secure and scalable architecture, focus on sustainability, and ability to support a wide range of dApps make it an attractive option for anyone looking to explore the world of cryptocurrencies and decentralized finance.
Long
by CryptoGao1
Cardano - Going EVM to expand aggressively ‘Cardano Will Be a Top EVM Chain Next Month’ Cardano users are soon expected to be able to access Ethereum Virtual Machine (EVM) contracts straight from their Cardano (ADA) wallets, increasing the network’s value for users and developers. An Ethereum Virtual Machine (EVM) is a runtime environment for executing smart contracts on the Ethereum blockchain. It functions as a decentralized virtual computer that developers can use to create decentralized applications (dApps) and deploy smart contracts. The EVM ensures the security and isolation of smart contracts from the broader Ethereum network while enabling the execution of contract code. EVM is designed to be both blockchain-agnostic and language-agnostic, meaning that it can potentially be implemented on other blockchains, and developers can use various programming languages to write smart contracts. However, Solidity is the most widely used language for coding Ethereum smart contracts. , the new feature will support transactions using pure ADA and will expand Cardano’s user base, elevating its status among EVM chains. Furthermore, Cardano is set to become the largest EVM chain with fully operational staking rewards. developers who build on Cardano’s EVM layer can look forward to automatic payments every five days. The new feature will permit Ethereum application developers to build on the Cardano network using Solidity, the programming language employed for coding Ethereum, without installing new toolkits or learning a different language. Consequently, these applications can exclusively use $ADA tokens rather than $ETH, enhancing utility for $ADA token holders. Looks like a good move from ADA as it can potentially canibalize some of Ethereum's pie. One Love, The FXPROFESSOR PS. The chart offers you are key levels of S/R: 0.3795 is support 0.469 and 0.519 are targets we see in the very near future.
Long
by FX_Professor
1
ADA (Cardano) holders, time to take profit !#ADA /USD TA Update: $ADA currently trading at $0.3919 According to Coinlion Trend Trader Indicator, we got en Entry Point Long Alert for ADA at $0.3722 (03/23) We have potentially a Profit Point coming at the end of the day (5,5% Profit). There is a resistance at the 200EMA at $0.3975. The same which has rejected ADA many times before But we have broken the descending channel. Cardano can test again the channel which should be a support now aligned with the 200SMA and 50SMA around 0.357 if ADA holds, we could see a massive gain (183%). What do you think ? Please click LIKE button and Appreciate my work. Coinlion Trend Trader indicator tells me - When to enter short or long - When to exit and take profit :-) If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know. Thank you.
BITFINEX:ADAUSDLong
by Coinlion_TT
Potential bounce off ADA 8H Fair Value Gap for the 3rd time?I see a potential trade with 1.23 RR If the RSI bounces off the level of support it has, and continues to bounce to the recent high after filling out orders at one of the 8H fair value gaps, we could see a continuation of the trend Believe we go lower the next candles if the flat back bearish HA candle closes like this: Please give me some insight on your ideas on where ADA might be heading on the mid-short term This is obviously not financial advice, I am just giving my insights on what I think could happen
Long
by IkkeOmar
CARDANO - The Great Awakening ?ADA Is Attracting Whale Interest as mentioned in my last post: Cardano (ADA) has courted considerable media attention in recent weeks. The Djed stablecoin launch and a spike in total value locked (TVL) on the native DeFi smart contract platforms appears to have reignited a price rebound. Among other bullish factors, Cardano has recently attracted a wave of buy pressure from whale investors. After a February sell-off, a cluster of whales holding 1 million to 100 million coins has entered accumulation mode. According to Santiment, between March 16 and March 29, this strategic group of whales increased their ADA holdings by 210 million coins worth $80 million. When whales start buying, it implies that large investors are growing increasingly confident about the future price prospects of the token. Also, they can potentially influence other investors to enter the market, ultimately triggering a price upswing. Considering the 1 million to 100 million ADA whale cluster’s history of timing recent price downtrends accurately, ADA holders can expect a price surge in the coming weeks. In the same vein, the recent uptrend in the number of Caradano long-term addresses confirms the bullish stance. According to IntoTheBlock, the number of long-term holders has increased considerably since early February. And notably, the number of short-term traders has also declined. As seen below, the number of Cardano wallets that have held their tokens for more than 1 year has increased from 1.97 million on Feb 5 to 2.23 million addresses as of March 29. In other words: this could be the Great Awakening for ADA. Technically speaking we do have a bunch of resistances at 0.393$ and 0.410$ but 52 cents could be soon. Given that the markets helps. One Love, The FXPROFESSOR
Long
by FX_Professor
1
ADAUSDT Sleeping Giant: ADVANCE Next ⬆Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In this quick analysis on Cardano, we take a look at: 👉 Bollinger Bands Strategy : What comes next? 👉 Technical Indicator Phoenix Ascending : Where is the short term momentum, bullish or bearish? 👉 Trendline analysis : Local support zone and resistance zones in yellow 👉 Market Cycles : 4 Phases 7 & Wyckoff Method 👉 What NOT to do now The reasoning behind labelling this post as a "long" , is because I don't believe in trying to catch the exact bottom. this very often leaves you positionless and forces traders to try and jump in whilst the price is going parabolic. With a little more patience, from here the price could easily do a +260%, which is a modest target. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
35
AGIX BUSD SHORT TERM SCENARIOHey guys! On my previous trade, we entered AGIX at around 0.029-0.32 and had two targets at resistance 1 and resistance 2 (numbered in chart). We reached resistance 2 which was our first initial target, long term I am bullish with AGIX and I believe we will break ATH and possibly $1+ but on the short term things are looking BEARISH . I have pointed the reasons why its looking bearish in the chart, I hope you guys can understand, if you have any questions feel free to ask me.
AShort
by CryptoGao1
ADA 4h - 03/28/23ADA is in a downtrend. In weekly chart it's on its lows, however looks like bouncing and hitting resistance. At Daily it reached lows of July 2022 and bounce back down, and there are lots of resistance areas around 0,38 and 0,42, as well as EMA 200. However, EMAs are too close one another. So, in 4h I'm seeing a downtrend. After. rejection of 0,42 highs to 0,297 lows, it bounce to Fib 61,8 (a little bit above) and it's retesting that area. If can't pass through it I'll open a short position.
Short
by anfary