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Caradano

ADA/USDT bullish move incoming!! ?👀Cardano Today Analysis💎ADA is gearing up for an impressive bullish move. 💎 A few days ago, ADA effectively mitigated the bearish Order Block (OB) after grabbing liquidity, setting the stage for a downward move. 💎 Currently, ADA is trading in a demand area, and we anticipate the price to reach the level where it first faced rejection. 💎 The significant surge in volume is also indicative of a potential upward move. There's a bullish OB present at $0.2895, and we expect the price to reach this level before initiating a bullish move. 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
Cardano (ADA) holders, be ready to a potential huge profit !#ADA /USD TA Update:- $ADA currently trading at $0.38 ADA is currently bullish since January 9 according to our MTT Indicator (entry at 0.29$) He is currently on the resistance at $o.395 on the 200SMA and on the descending channel (from sept 21) The next possible target if it breaks this channel is 1.10$ with a 179% profit What do you think ? Please click LIKE button and Appreciate my work. I have created this trade indicator that tells me when to go short or long, when to exit and when to take profit Thank you.
BITFINEX:ADAUSDLong
by Coinlion_TT
ADA : Aiming a 100% profits opportunity in the Mid term.Cardano (ADA) has been on the decline for more than a year now, ever since it reached its all-time high back in September of last year at $3.10. Throughout 2022, the price of ADA has declined by around 80%. More recently, the price of ADA reached as low as $0.33, which was the lowest in 20 months. Nonetheless, despite ADA being bearish and on the decline, ADA has been trending and trading volume has been relatively high, despite the current state of the market. Following the recent trending nature of ADA, there has been a slight increase in the price in the last few days. ADA increased by 10%, but it is still not enough to suggest a potential reversal in the price of ADA. Nonetheless, this study goes through the technical and fundamental factors of ADA that could have an impact on the price of ADA for the coming days/weeks. Technical Analysis As seen in the ADA/USDT 1-day chart, Cardano is trying to be in favor of bulls but not confirmed yet. Recent price movement suggests that ADA recently found resistance at the lower trendline, meaning that the recent correction was kind of expected. Nonetheless, the price remains bearish from the long term trading perspective and we could expect the price to keep declining in the coming days if the indications fail to fulfill the requirements for a bullish reverse move confirmation. Indicators The fear and greed index suggests that there is neutral in the current market, especially for ADA, whose price has been on the decline for more than a year now but showing a good move by the last 48 hours. Though extreme fear in overall crypto market often leads to reversals, that might not be the case in the short run for ADA. The MACD line of a 1-day chart is currently above the signal line but quite below the baseline. Hence, even though the shorter run momentum is slightly on the bullish end, that could easily change by which our trade needs some strict risk management measures. The RSI of a 1-day chart was recently below 30 and in the oversold region. This then saw ADA have a slight increase in price in the last few days. Though we could assume that since the RSI is now above 30, the price could keep declining. The 20-day MA line is currently below the price of ADA, meaning that the trend at least becomes bullish for short term holding for Cardano. This MA line could act as resistance to the price of ADA if the latter attempts an increase. At the same time the scenario is forming on the 9-day MA too. Fundamental Analysis Perhaps one reason why Cardano (ADA) has been trending recently is that it was announced that Algorand is now in the Cardano ecosystem. Given the magnitude that Algorand has, it could have a huge impact on the development of Cardano as well. Though it’s essential to point out that as much as Algorand is in Cardano, Cardano is in Algorand, given that the two are interoperable. This comes as a result of the deployment of Milkomeda L2. Charles Hoskinson, the founder of Cardano, was quick enough to make the announcement on Twitter. Though Sebastian Guillemot, who is a contributor to both Cardano and Algorand, was also quick enough to correct Hoskinson on the correct way to phrase the announcement. Community engagement has slightly increased for Cardano as well due to the yearly Cardano Summit that will be held in November. Additionally, Hoskinson recently stated on his Twitter account that something of major significance will be announced in November. No matter what that is, ADA bulls are eagerly waiting for this announcement that could potentially be a pretext for a reversal in the long-term trend. In other news, Cardano is also rumored to soon be listed on FTX. If that happens in the coming months, then it could do wonders to the price of ADA. ADA Price Prediction Based on this analysis of Cardano, it is unlikely for ADA to have a sudden surge in price unless we have some huge and powerful community based news prior to the technical analysis study. Currently, ADA may initially face resistance at $0.4148. Assuming the bullish momentum increases soon, then ADA could break this resistance and aim higher. However, as it stands, ADA is likely to keep testing the current resistance depicted by the falling wedge upper side trend line. In such a price surge, to be a healthy move the coin needs some correction and I am expecting a pullback after the current candlestick of the 1D chart closes and if there is going to be any impacting news coming towards the coin including the US stock indices and Bitcoin’s movement we might see a further pullback which is very unlikely at the time of writing this analysis. Though there is strong support at around $0.30, bears may likely continue to have control of ADA. Takeaways In the daily timeframe, the price of ADA continues to hold strong and trade above the key Support formed at $0.35 after the price rallied from its daily low, with the current market looking favorable for most crypto assets. The price of ADA needs to break and hold above 50 EMA, acting as a strong resistance to the price of ADA. The price of $0.4 corresponds to the value of 50 EMA, acting as resistance for the price to break higher to a region of $0.5. Daily resistance for the ADA price – $0.42. Daily Support for the ADA price – $0.35. • Cardano has been trending recently, despite being quite bearish. Now looking bullish for the short term entry but needs some more development to give a confirmation of a long term bullish trend. • Technical indicators suggest that ADA is unlikely to be bullish any time soon. • Recent teases by Charles Hoskinson have increased Cardano’s community engagement. • If support at $0.31 fails, ADA could be heading further down.
Long
by cryptotalk_et
░▒▒░ ADA LONG | 30MIN ░▒▒░COINBASE:ADAUSD CRYPTIK-ONE: Hey Eve, can we talk about Cardano (ADA) for the TradingView.com Crypto Trading profile? EVE: Sure. CRYPTIK-ONE: Do you remember the last forecast we posted where I called for a $0.77 dip? EVE: Of course. So, how did that turn out? CRYPTIK-ONE: We ended up veering off of my fractal forecast a little however we did hit $0.75 with a ninja wick to $0.73 EVE: Yes, but how do you feel about that trade? Did you stick with it and ride it all the way down to your stop or did you scramble out? CRYPTIK-ONE: I was at Sanctuary when my trade went through for $0.7711 I could of hit a lower buy for a long but I will take the 77cents. EVE: Sounds good. Anything else you'd like to share with our followers? CRYPTIK-ONE: Yes, now I am placing a long play on 20/1 long at 13% and 10cents. Should be a nice win on the retracement back to the 80-90 cent range. EVE: Well, I hope your trade works out for you. Stay up Cryptik-One. CRYPTIK-ONE: Thanks Eve, anything to tell our 7 followers/friends before we go? EVE: Always be on guard for the whales, as always. Keep your positions small and tight and if you see a pattern in play, take that trade then for a small price to break even. The whales are not going to leave all the money in the market so you should use it until they do. Good night cryptik-one! CRYPTIK-ONE: Thanks Eve, Peace Out Girl Scout. EVE: Eve Out.
COINBASE:ADAUSDLong
by CRYPTIKAL_ENTERPRISES
5
Time to Buy Cardano or Sell?This quarter should be acquired! The state of the crypto market is unspeculative and futile, but still not so. During 2022, Cardano has another breakthrough up its sleeve, including the fact that bitcoin is a super-purchase, as analysts believe that the framework with strong signals may rise to 100,000, during 2022. My analysis indicates a short and volatile progress Cardano during the next month can adhere to. The drop point is 1,020 and the altitude height is estimated at 2.6. Merry Christmas.
Long
by MrBrunoBang-Christensen
2
🚀𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙛𝙞𝙣𝙖𝙡 𝙬𝙖𝙫𝙚...🌠●● 𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙀𝙒𝘼 ● ADAUSDT (BINANCE): 🕐1D The rocketing five-wave advance forms a nearly perfect impulse , in which the fifth wave is expected to rise. Extension by the third wave, alternating waves 2-4 , touching by the top of wave 4 to channels 1-2-3 — all this is a harbinger of growth by wave 5 , which on its way, most likely, will go beyond the extremum of wave 4 of (1) . ● ADAUSDT (BINANCE): 🕐6h Tentative targets for wave 5 , unless, of course, we go into extension, are located in the area marked in pink . Further, a decline is expected by the intermediate wave (2) to the area of the previous fourth wave. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
3
Cardano - is approaching an important level !!!🚀🚀After the recent fall, Cardano has formed a local trend line and is currently trying to reach the key level of $1.45. In case Ada approaches this level, 2 scenarios are possible: 1) If the price rises to this level and trades near it, it means that it is likely to be broken and this could be a good opportunity to enter on a breakdown and test this level as support with the above target. 2) If we see an increase in volume when we test $1.45, it could be a good opportunity to go short with a target below. Write in the comments all your questions and instrument 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
by Yuriy_Bishko
12