ADA 12h Who believes in ADA for $5 then go in and read the ideaOnly two weeks have passed since the publication of our previous idea ADAUSDT.
During this time, buyers were able to skillfully buy back the torrential fall and fix the price above the level of $0.92, which we mentioned in the previous idea.
And then, as they say, it is already a matter of technology, and it is quite easy to get +60% growth.
The price reached ATH and even updated it a bit.
This 60% increase was underpinned by news of the launch of a partnership between COTI and Adapay with the Cardano foundation.
In the digest "Bitcoin weekend" №11 you voted to make our analysis of the ADAUSDT pair.
Therefore, let's figure out what prospects await us.
In principle, updating the absolute price high is a very costly process both in terms of news and in terms of resources.
But a similar situation, relatively recently, we had on the MATICUSDT chart and how can you see the idea cool worked.
Well, if we continue the parabolic growth, which is now working out pretty well on ADAUSD, then by the end of the month and the first quarter, we can get growth to $4.30-5.15 . While this is an incredible scenario, but probably very few people expected x6 from Matic in 1.5 months.
Please write in the comments which news on Cardano you expect to be worked out by the end of the month , and that they can help in such theoretical frenzied growth!
A negative scenario should be considered if the price consolidates below $0.97-1. Now very few people look in his direction, a lot of users believe in the rise in the price of ADA
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Cardano Consolidating Poised For A Big Move To Fresh New HighCardano 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!!
ADAUSDT - support level Will support hold up?
A break in the trendline will be a signal to open a trade.
waited for the level retest.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA/USDT - The diverging wedge. Important levels. CARDANOADA / USDT
Hello dear friends.
ADA (Cardano) coin under review
There is every reason to believe that ADA has formed a "Widening Wedge", which is a signal of the end or the imminent completion of a local uptrend.
There is an understanding of the seller's zones and the buyer's zones. Seller's area: block 1.38-1.61 $, block 1.17-1.29 $. Buyer's area: block 0.845-0.957 $, block 0.625-0.722 $.
Dynamic support (0.97) and resistance (1.65) are also known, on the chart as dashed lines. Coupled with a wedge, there is a double divergence at 1D TF, which indicates a damping trend.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
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ADAUSDT - let's grow))Preconditios :
- key level
- global uptrend
- locally uptrend
- retest
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADAUSDT Looking to Complete The DivePrevious support turned resistance, we go down or break this resistance to upward
But RSI trending down to buy zone, seller are on the wheel
ADA will take cool off before a journey to the moon soon
Same perfect trend pattern on 1H, 2H, 3H, 4H, 1D Amazing!!!
Buy at the dip and enjoy!
Like and share your thoughts.
ADA BullFLAG patternAfter running into 1$ region ADA started minor correction. Volume being relatively low DOOM AND GLOOM predictions are off the chart.4 hr timeframe chart started to form Bullflag.Once it breaks theupper channel we might see Short to medium term Run to 1.1-1.3$ target
- Not a financial advice.DO your own research!
CARDANO - Ethereum's main competitor The Ethereum killer as some name it. It's technology seems to be gaining more and more fanatics in the crypto space.
Ethereum 2.0’s ‘science is not good,’ says Cardano’s Charles Hoskinson , as Cardano Gets Closer to Goguen Era after the successful rollout of the Goguen “Mary” update
(the one of two hard forks that will allow Cardano to transition).
i think we picked a winner again..
(Thanks Jose)
ADAUSDT Short to Demand Zone $0.28ADAUSDT has had a huge push since late December, culminating in a 150% gain, before making its first sign of weakness with a lower high. A triangle structure is forming currently, providing a roadmap of where price action may potentially go. Using this road map, we can set ourselves up for a higher risk reward ratio trade before we reach the end of triangle, where a whipsaw move would wick us out of the play.
My bias here is bearish for a number of reasons:
1. A solid rejection of the supply at $0.38 has created a lower high.
2. The 10 EMA on the 12h has crossed below the 20 EMA for the first time since the push began.
3. RSI has fallen below 50, expecting this to come back up and re-test the 50 which should give us our entry for the short.
The entry zone that I have marked out is the supply formed by the last green 12h candle, around $0.34.
Invalidation of this idea will be if the price breaks out and forms a higher high, so this has been placed above previous structure.
I am expecting at least an attempting bounce from the green highlighted demand area, and have placed the take profit in front of that (on the 38.2% fib) incase this level is "front-run" as it has been in the past.
Always take profit, even if you expect a bigger move. Most of the time, these occur in waves, and we may get another bite at the cherry when PA re-tests the S/R flip zone at $0.30.
ADA breaking out the key level resistanceHey friends, hope you are well and welcome to the new update Cardano coin.
Breaking out key level resistance:
During the powerful bullish rally on the long-term first the price action broke out the $0.15 resistance and after re-testing this resistance as a support move to the next resistance $0.385. This is the key level resistance for ADA coin because this resistance is not broken out since 2018. If this resistance will be broken out then the price action of ADA can reach at $1.4 very easily.
The EMAs and Ichimoku cloud:
On the weekly chart, the price action of ADA coin has is moving above the exponential moving averages 10 and 21 and using these EMAs as good support.
On the weekly chart, the price action of ADA with Bitcoin pair is breaking out the Ichimoku cloud. Once this cloud will be broken out then the Cardano can turn more bullish.
Conclusion:
This can be a historical moment for ADA, because on one side in the US Dollar market it is breaking out the key level resistance and in Bitcoin marked it is breaking out the Ichimoku cloud strong resistance.
ADA/USDT : Bullish verse BINANCE:ADAUSDT
Hello everyone 😃
ADA had a bullish crossover on MACD and a pullback from EMA 200,
Everything seems Ok to take long for next 2 resistances !
🔴 Watch for lower EMAs, They can do some controls on movement.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
-Helical_Trades
ADA-4h. Buyers held a critical point of $0.25. What's next?The sharp change in the mood of the BTC market did not allow ADA buyers to reach our target of $0.4. In our previous idea , we noted that the critical point for continued growth is around $0.25 .
Sellers tried to reverse the trend of buyers, but were able to leave behind only the wrong breakdown. Trading volumes increased during the fall in prices. However, the rebound from the mark of $0.25 began at the same volume.
The strength of the ADA market has leveled off. While the price is below the range of $0.296-0.302 to buy the coin is dangerous from current prices. If the current attempt of buyers to break through and consolidate above $0.296-0.302 is unsuccessful - the price of ADA will easily re-test the mark of $0.25.
The situation in the ADA market is negative. if you look at the 12-hour timeframe .
Buyers were unable to reverse the market situation within 24 hours. The next candle can start with a new wave of fall. So now it is better to wait for the breakthrough of critical points and join the stronger side.
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ADA/USDT : Bullish triangle BINANCE:ADAUSDT
Hello everyone 😃
ADA has formed a Bullish triangle here and we expect a bullish breakout from it.
Overall is bullish on this coin and Volatility is being bullish too !
Above Triangle after confirmation for breakout, We will target 0.45$.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
-Helical_Trades
ADAUSDT (Waiting for the resistance zone breakout)#ADAUSDT ( 1H chart) Technical Analysis Update
Waiting for the Resistance zone breakout
ADA/USDT currently trading at $0.315
Long Entry-level: Above $0.320 (only enter long after 1 h candle closes above the resistance level at $0.320)
STOP LOSS:$0.300
Target 1: $0.340
Target 2: $0.380
Max leverage: 3X
ALWAYS KEEP STOP LOSS..
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ADAUSDT Price Outlook 11 January 2021 — ADA UPHello, in this short video review, we looking at Daily, 4H and 1H timeframes for ADAUSDT.
Price fall from 0.35 resistance and now located at 0.618 Fibonacci level, this might be a good sport for short-term long, with Stop loss around 6-7%. Taking profits will be located at previous highs zone and maybe a little higher.
But if price continue dropping down towards 0.5-0.382 FIb levels we going to see smaller pullback for price of ADA
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