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ADA/USDT : Moving above bullish trendline BINANCE:ADAUSDT Hello everyone 😃 ADA is moving above two bullish lines. Now there are two important zones ! - Support zone around ~1.1$ - Resistance zone below ~1.3$ Both zone can hold or reject ADA but there is a coming event in August. The development team behind the CARDANO blockchain is unveiling new details surrounding its smart contract release... In the wake of its Mary protocol release this March, Charles Hoskinson’s CARDANO is revealing that its Alonzo upgrade will launch this coming August. IOHK (Input Output Hong Kong), CARDANO's development company, announced this week that the Alonzo upgrade will add support for smart contracts to the CARDANO blockchain. The update will allow developers to start building on the CARDANO platform – a highly anticipated functionality that the Ethereum network currently possesses. IOHK notes that the upgrade aims to support businesses and provide support for developers wishing to build decentralized finance (DEFI) DApps. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
16
ADA SHORTERM SELL - LONGTRM BUY Technical Analysis 1. Large Pennant 2. Fibonacci Retracement bounced off 0.786 (Silver Zone) in mid March 2021 3. 1st Take profit will be on Major Resistance Level, expect the market to move downwards for a pullback before rising to 2nd Take Profit level 3. Fibonacci Expansion 1.654 (2nd Take Profit) is mirroring a potential pullback which will allow the market to bounce for previous resistance level now turned support. 4. Final Take Profit is at Fibonacci Expansion Zone of 1.618 (Golden Zone for Expansion Take Profit) in which would also complete our Pennant's Flagpole How I would approach this: Let market fall/sell to 1.19109171 then buy till our 1st Take Profit at 1.44765257 . Wait for the market to fall back to 1.27897369 then re-enter to a buy to our 2nd Take Profit at 1.65572097. Wait for the market to pullback to levels around 1.44765257 to re-enter for our Final Take Profit at 2.06991149
BITFINEX:ADAUSDLong
by traderprosignals
ADAUSDT realistic predictionADAUSDT just made an attempt to break out from the symmetrical triangle. But, "Aber leider" (the best phrase to describe this condition) it failed. So this is my realistic and optimistic prediction for ADAUSDT. Why i made the prediction optimistic? Because there's a strong support in 1.20500, made from lower timeframes movement. I hope phase 1 can happened faster. (hahaha) and continued by phase 2. After that maybe there's another big retracement before making another attempt to break the ATH of ADAUSDT, or ADAUSDT fly directly (small chance). I hope you can give me your insight about ADAUSDT ~This is only a prediction~ Go go go ADAUSDT!
Long
by dumantri
ADA to $1.50 then to the moon 🚀🚀Need the correction to the support at 1.17 or deep correction to 1.11 Failed to cross the strong resistance at 1.23 4 times buy through correction on several prices to get a good average price , maybe it wont touch the strong support area again n fly to the resistance at any time on short term for next hours maybe bearish however on the next days completely bullish I totally recommend not to panic sell at all, however catching more bags at that price will be more profitable Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by BTC-fire
1
Short Term Opportunity for ADA TradersOverview Adding one more idea in support of my earlier published idea where in coming weeks we could see ADA challenging its rival Resistance level at 1.47 zone. Until we reach to that point, sharing a short term opportunity that we all can be benefit from. Trend On a 4 hourly chart, ADA is moving in a descending parallel channel (RED lines) and on a much lesser time frame it is moving in a upward trend (marked in Blue lines). Whats expected in coming hours? ADA to keep moving in an upward trend and touch 1.21 (Zone A). Good to go SHORT from here. Whats expected in coming Days? Once ADA reaches Zone A, it will also hit its Resistance and will be forced to come down to 1.14 (Zone B). Once it reaches Zone B, it should again try to bounce back to hit its Resistance level and potential breaking it to reach Zone C. This would be a beautiful LONG opportunity with potential profit of 8%. Entry Price and Stop Loss are also marked on the chart. If you like the analysis then please do LIKE and SHARE it with your friends who would be benefited by this. NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely. Also Keep an eye on BITCOIN, when he's not in good mood he tends to fall on all coins ;)
by Manjyot
ADA/USDT : Being controlled by MA 100 and MA 2BINANCE:ADAUSDT Hello everyone 😃 There are 2 located moving averages which are holding ADA. Both of them can change the direction so next candles are very critical ! For now, MACD and Volatility is bearish on most of time frames; But cause of stability in last candles, we can't make any decision based on indicators. The only ones that showing correctly for now are moving averages and RSI indicators.. 📌 Market is bullish so majority is bullish for ADA, Also on higher timeframes; Moving averages are reaching current level from below ( which can be a good support for movement ) ! 🔴 We might see a rejection till support zone cause MA 100 but it will be very good for ADA. If it happens, most of indicators will reset their calculations and then we can see more positive signs for ADA !! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
31
Head and Shoulders formed for Cardano ADAOn a 4 hour chart, ADA has formed head and shoulders pattern. Though ADA is still trying to recover from Bitcon's fall earlier today. But doesn't looks like it is over yet. There are two scenarios that are possible. Scenario 1, ADA to continue to recover and continue in same parallel channel. But this looks unlikely at this stage Scenario 2, There is higher possibility of this happening. If ADA takes this route and be ready for some significant drop in ADA prices over the coming days. Currently ADA is at the neckline, which is a very critical stage. Hopefully by tomorrow we have firm decision on where it's heading. If you like this pattern, dont forget to Like and leave your comments NOTE: These are my personal notes and should not be taken as a financial advice. Do your own research
by Manjyot
1
ADA is now Live on Coinbase 👌 (Our Target Prices)Hi Everyone, Ada is now finally live on Coinbase. That's only GREAT news. Some of you asked me for take profit targets so here is my updated chart and the price targets : 1.35 1.54 2 ..and then higher By default, our strategy is to take profits gradually. Try to do the same it really helps your psychology to work for you when you implement such a plan to take profits along the way but also to ALWAYS leave some part as a long term investment. Just keep it for ever! Never cash out completely (even if ada makes it to 2, don't sell all of it but do sell most of it). This is something we have developed and it works for us, why not for you too. Keep in touch for a lot more
Long
by FX_Professor
3
Cardano (ADA) Kihon Suchi Potential Reversal After a steady climb from the end of last year, we recently saw a bounce downward off the 1.32 mark to 1.10 where ADA is seeing some good support. ADA rode the 1.32 mark trying to break until it hit a 9 period reversal area and began drifting down. Now it is at a critical support area at 1.10. If it can hold at this mark we could see a bounce back up prior to the next 9 period potential reversal area. If ADA closes today below the 1.10 support, I think it will continue down to the next support area at 0.95. I do not think it will hold at 1.10 however. The lower time frame charts are all bearish with the Daily chart only being slightly bullish. The bearish indications are a Chiko Span downward turn, the price line actually crossing into the area between the Tenkan Sen and the Kijun Sen (both being considered weak support), and the leveling out of the Kumo as the price moves towards it. If the price continues to move downward it will come up against a 65,33, and 9 Kihon Suchi, which could indicate a reversal around the 0.95 support potentially around 9-11 March. As always, comments and ideas are welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only. KUCOIN:ADAUSDT
Short
by Doc_Deez
Cardano ADA big picture WeeklyWhat i found on cardano weekly chart just zoom out on weekly chart and cardano is forming cup and handle pattren. As cup and handle pattren brakes the next move will be same as the cup bottom to the Nick line of cup which cane lead us to 7usd+ target Let the cardano retrieve to 0.62 after that sky is yhe limit Entry: 0.62 - to - 0.78 Take profit: 7+ usd Note: its long term game people with high blood pressure stay away from this trade 😎😎😎
Long
by SaadBinRehan
ADA/USDT : targeting last ATH BINANCE:ADAUSDT Hello everyone 😃 ADA had a breakout from Bearish trendline and now it's on triangle's line. We expect an another breakout from current line or a retest on bearish trendline.. Both of them could be valid, but the major line is bearish trendline and now, ADA is above it. 📌 Volatility is bullish on 1H TF and on higher TFs it's being bullish !! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
32
#ADAUSDT Fractals speak of 46% profit PotentialWelcome to this quick update everyone. ADUSDT Broke out and currently it is testing the resistance turned support line continuously and giving us opportunity to buy in dips. If you remember few weeks back while BTC was under retracement ADA was pumping at that time. Although the market is uncertain it's highly likely that ADA will pump all the way to $1.5 to $1.7 when BTC takes off. Do your own research before investing. ENTRY : $1.02 to $1.13 TARGETS Target 1 : $1.30 Target 2 : $1.42 Target 3 : $1.60 Stop Loss : $0.97 Our previous setup on ETH hit all our targets within 24 hours! Hope this one goes too. Do show your support with your likes and do not forget to share your views and questions in the comment section. #PEACE
Long
by Cryptorphic
9
ADA/USDTSo the market is getting red (another correction) and Cardano is also being affected like any other altcoin. ( March is making it all unstable ) Anyways, the current situation over here is that ADA/USDT on the 4h chart is forming a descending triangle which will make it continue with the downtrend. Rectangle with the minor support and resistance is clarifying that if the next one or two candles breakdown from the rectangle's support at 1.131, then Cardano will rush towards the prices identified with bluish dashed horizontal lines. Moreover, indicators like RSI, MACD, and MA (50) close are favouring the analysis/prediction too. You can go for Future Trading and place the order of short sell and if it's Spot then its a great chance to buy more CARDANO. DISCLAIMER: IM NOT YOUR FINANCIAL ADVISOR SO TAKE RISK ON YOUR OWN RESEARCH AND WILL.
by aliraza1618