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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
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 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
37
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!!
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
3
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
Long
by Yuriy_Bishko
39
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 ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading. For all your actions, only you are responsible. 💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Short
by UnknownUnicorn13204076
3
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
Long
by Yuriy_Bishko
58