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CARDANOADA

Cardano(ADAUSD) IN IRREGULAR CORRECTION SHORT TO $0.8Macro-level Looks like we are still in Wave 3 of the 5 wave series for Cardano(ADAUSD) The Wave 1 was completed in 2018 at $1.3 Wave 2 ran for a very long period till end of 2021 We are now in wave 3 for the bigger wave cycle Wave 3 is an impulse wave with 5 sub-waves (1-2-3-4-5) In the bigger Wave 3 we are in sub-wave (2) Looks like Sub-wave 2 is making an irregular correction (A-B-C) Micro level In a complex A-B-C irregular correction the waves are subdivided into 3-3-5 W(A) is a 3 wave ended at $1 W(B) is a 3 wave structure and ended above the start of wave(A) at 1.38% extension of W(A) Wave(C) is a 5 wave and drastically drops to the end of W(B) or even a little lower to 1.618% of Wave(A) We are now in the 5 wave series of Wave(C) - its at sub-wave(4) If we are in the downward cycle with the whole crypto market going down, my guess is this might end at 1.618% at $0.81 in the next few weeks Please comment and appreciate your feedback
KRAKEN:ADAUSDShort
by JAN360
Bullish Divergence RSI! #ADAHey there! Noticing the Bullish Divergence RSI on the 15m Chart! #ADA. Let's hear what everyone thinks! Bitcoin seems to be leading an assortment of alternative coins so I'm still learning how much weight to put on Chart Analysis. It seems to apply well, however, what happens if, let's say MicroVision would dump? I presume there is not much of a leading indication of that happening, but following, the indicative analysis would adjust quite rapidly. It seems to still be quite a lottery call in my opinion. I've noticed, the shorter the time frame, the less percentage gain on trades, but the more instantly rapid and accurate are the indicators, so you can score more often (fee's are hard to deal with though, even 1.002% raises my average about a penny on these lower priced crypto and thats almost a whole run on the minute, less of a run on the 5). What time frames do you all use?! I am trying them all out and learning my best which fits my trading style! Thanks and Happy Trading! -Eric-
by LvNThL
2
ADA Flight for Cardano is provided, the only question is whitherWe are analyzing the "first order" from the voting under the idea of ​​"Bitcoin weekend №17" If you look at the ADAUSDT chart, you can see that the price is moving upward in a channel. And if we draw this channel by the highs and lows, we will see that the price moves exactly from border to border. Today the ADAUSD price has stopped at the level of $2.88 so far. The sellers did not even let them approach $3.00, because the channel border is a bit lower. In fact, in two weeks the price of ADAUSDT increased by x2 from $1.44 to $2.88 If you look locally, the breakout of the $1.50 level upwards took place on increased volumes and buyers did not even give a chance to test this level for strength from above. However, if you look at the entire movement of the ADA price in the channel, we will see that trading volumes are fading and over the last month they are just scanty in comparison. Now we would like to see a correction in the price of the Cardano token in the range of $1.73-1.93 , we will take the average price of $1.83 as a basis. And when and if the price reaches this zone, then we will analyze: the nature of the price movement, at what volumes the price movement will be and in general what mood will reign in the crypto market in the future. After this analysis, it will be easier to predict which further variant of the ADAUSDT price movement will be more probable. Since now, theoretically, there are equal chances for the price of ADAUSD to renew the maximum to the $4.30 region or to begin a deep correction to the $0.40-0.50 region. _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
115
CARDANO (ADA) TO THE DOWN SIDECardano is going to make make a new low around $0.90 to finish the correction as a WXY complex correction on the 4th wave. We are currently on the 3rd wave of the C of (Y) of ((4)). Most probably we can see the bounce from trend-line support and for now no buy position. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans. #cardano #ada #adausdt
Short
by anantadhungana
2
ADA CARDANO🧨🧨🧨100% Profit 2 monthHello, all my dear friends, I left the analysis of Cardano. In the analysis of Cardano, you see what you have, especially in these cubes. We see numbers with the numbers of support and resistance that exist. I showed myself based on analysis and forecast. In 51 days, Ada Cardano will start the uptrend from $ 1 to $ 2, and the downtrend of the third wave will start at the same time with the third downturn of Bitcoin and will go up to 38 cents. My servant Manouchehr Azar, I am your friend from Iran, I speak Persian. I expressed my analysis on YouTube in Persian. Unfortunately, I was not fluent in English.
Long
by ManochehrAzar
5
Cardano's price AnalysisNothing has changed in its price. Price is still trading in its accumulating zone and still moving in its downward parallel channel. It could be forming a cup and handle pattern. By measuring the height of the cup or measuring the height of the parallel channel. The next possible target is the same as mentioned as the next possible ATH. To check this I even used Fib extension and it shows the same target. Still sharing support and resistance area along with possible next ATH. Note: these are just my observation. Kindly #DYOR
by dhingravivek
COTI DAILY LONG$Coti on the daily chart is getting squeezed tight between the 21SMA and 50SMA. The RSI on the daily has crossed over the RSI 200SMA which has indicated in the past the $Coti is primed for a move to the upside. Increase in volume is confirmation that this time will be no different. Coti is scheduled to handle the first released $ADA Cardano stable coin $Djed at some time in the near future Q1 which maybe the reason for the increased interest in Coti. With an ATH of .7074 I expect Coti to challenge this within the next few weeks. The momentum of all Cardano projects is picking up steam as a report came out this week that ADA leads the charge in all of crypto in active development. The only real level Coti has as a resistance on the daily, 0.5266 and 0.6480
BINANCE:COTIUSDLong
by Dude_Crypto11
ADA, the price is squeezing, that's a signal for a breakout.The ADA is near a key level. It is worth noting that this is not the first time the price has tested this key level as resistance, and the last breakout was false. But with each test, the resistance is weakening and may soon be broken. In case the price squeezes near the key level and breakout, there could be a good buying opportunity. 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
4
ADA - two best buy scenarios!!!A large trading range is worth highlighting on the ADA chart. The price attempted to move out of this range but failed to close above the upper limit of the range. Cardano then moved back into the large trading range. While the market is in an uncertain position, several scenarios are worth highlighting. The first and best scenario is for the price to return to the upper boundary of the trading range, squeeze, and breakout. The second scenario is a continuation of the fall and liquidity gathering below the key level. A good buying opportunity could be a squeezing and breakout of the upper boundary of the trading range, or a false breakout of the key level or the lower boundary of the trading range. 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.
by Yuriy_Bishko
8
$ADAUSD Overall big picture, Head & Shoulder formingentry PTs 1.20-1.50 Target PT 2.70 is the Right Shoulder Must pivot off at PT .95 range or can break support and further downtrend which is typical of Head & Shoulder patterns Cardano Coin Price & Market Data Cardano price today is $1.49 with a 24-hour trading volume of $1,779,524,729. ADA price is up 1.3% in the last 24 hours. It has a circulating supply of 32 Billion ADA coins and a total supply of 45 Billion. If you are looking to buy or sell Cardano, Binance is currently the most active exchange. Cardano crypto is a decentralised platform that will allow complex programmable transfers of value in a secure and scalable fashion. It is one of the first blockchains to be built in the highly secure Haskell programming language. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers. The Cardano project is different from other blockchain projects as it openly addresses the need for regulatory oversight whilst maintaining consumer privacy and protections through an innovative software architecture. The protocol features a layered blockchain software stack that is flexible, scalable, and is being developed with the most rigorous academic and commercial software standards in the industry. Cardano will use a democratic governance system that allows the project to evolve over time, and fund itself sustainably through a visionary treasury system. Technological Innovation Cardano is the first protocol to incorporate Ouroboros, the groundbreaking proof of stake algorithm. The IOHK team employed a “first-principles” approach, driven by peer-reviewed academic research to build Cardano from the ground up. The result of this collaborative effort is the first cryptocurrency to be based in Haskell code, which focuses on industrial strength product that delivers the resilience necessary for mission-critical systems, in this case, securing investment. Cardano’s multi-layer protocol performs advanced functions, and has a settlement layer that is elegantly linked to a control layer. The settlement layer will have a unit of account, while the control layer will run smart contracts and will be programmed to recognize identity, assisting compliance (and allowing blacklisting, for instance). The protocol is geared towards protecting privacy rights of users, while also taking into account the needs of regulators. In doing so, Cardano is the first protocol to balance these requirements in a nuanced and effective way, pioneering a new approach for cryptocurrencies. The system is also designed to allow upgrade through soft forks, enabling it to adapt to changing needs and evolve quickly, when required. A treasury system is also being installed that will ensure the sustainability of the protocol. Cardano is built in the spirit of collaboration by being completely open source and patent-free. Engineered for efficiency and scalability, the Cardano ecosystem will develop into the most complete cryptocurrency ever constructed. Conceptual Innovation i. Privacy and regulation The original Bitcoin blockchain was meant to be a way for individuals to transact directly and anonymously with each other outside the control of banks and governments. This guarantees privacy in financial dealings, a fundamental individual right, but full anonymity can be counterproductive. Today most blockchain projects look to further either the aims of privacy or of regulation. To be effective globally, we think our blockchain must ‘square the circle’ by finding the right mix of individual privacy protection and provision for regulatory control. ii. Governance Public, decentralized blockchain projects rely on crowd-based governance models. This allows for democratic control of the network by its participants, which is essential to building truly decentralised economies. However, if they are not carefully designed, such governance can go awry. Both the Bitcoin and Ethereum communities have experienced devastating schisms on the question of how to upgrade their networks – in Ethereum's case already causing a split. The Cardano blockchain has an airtight governance model that allow the community to democratically take clear and binding decisions. iii. Funding The Cardano blockchain has sophisticated maintenance and development needs and is able to adequately fund itself, both in terms of running costs and new investment. What is the ADA token? Every blockchain project has a token of value commonly referred to as a cryptocurrency. Ada is the cryptocurrency on the Cardano blockchain. With Ada, holders can send value between friends, pay for a good or service, deposit funds on an exchange, or enter an application. To perform a transfer on the settlement layer requires you own Ada, or acquire Ada through an exchange. It will also be the native token to be used in applications built on the computation layer. Daedalus Wallet Each cryptocurrency requires a “wallet” to store Ada. Typically this wallet is a software application that can be installed on any computer or smartphone. Daedalus is a highly engineered wallet with advanced security features that was developed by IOHK specifically for the Cardano blockchain and protects your assets with the most advanced cryptography. In the future, Daedalus will not only support Ada, but other cryptocurrencies such as Bitcoin, Ethereum Classic and many more. What is the Cardano Foundation? The Cardano Foundation’s core mission is to standardise, protect and promote the Cardano Protocol technology. The Cardano Foundation acts as a supervisory and educational body for Cardano. Our mission is to: 1. Standardise, protect and promote the Cardano Protocol and its applications 2. Be a community hub offering authoritative, timely information about the technology and Cardano’s wide-ranging potential 3. Liaise and influence government and regulatory bodies, form strategic partnerships with businesses, enterprises and other open source projects and aid the creation of formal software standards for Cardano, a crucial feature for its long term success and critical in adoption and government engagement Areas of Focus: 1. Cardano Protocol - We function as an objective standards body for the Cardano protocol as it evolves over time. 2. Cardano community - We support, grow and help educate the Cardano blockchain community. 3. Cardano ecosystem - We work to expand and protect the Cardano ecosystem. This includes promoting Cardano as a platform for commercial entities and serving as an objective organization for enterprises interested in joining Cardano. 4. Serving the wider blockchain community - We aim to influence and progress the emerging commercial and legislative landscape for blockchain technology and cryptocurrencies in general. We proactively approach government and regulatory bodies and form strategic partnerships with businesses, enterprises and other open-source projects. IOHK Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a world-class engineering and technology company committed to using peer-to-peer innovations to provide financial services to three billion people that don’t have them. The group is contracted to design, build, and maintain Cardano through to 2020. Emurgo Emurgo is the venture building entity in the Cardano ecosystem, its goal is to aid, integrate, and foster Cardano blockchain applications. Emurgo captures the transformative power that blockchain technology brings to the developing world. Decentralized applications built on Cardano technology, funded and supported by Emurgo, will have the potential to build groundbreaking applications. Project Road Map IOHK has now released the settlement layer. This means you can transact, trade, and purchase Ada tokens fully independently of the computation layer. The goal for the computation layer is to have a beta released by the first quarter of 2018. Once both settlement and computation layers are live, users will be able to setup a custom environment to build decentralised applications on the Cardano stack. In 2019, IOHK intends to work on Cardano’s long-term scalability and augment its capabilities. As developers, IOHK has been contracted through 2020 to make sure Cardano is being adequately maintained. The goal is to create a sustainable ecosystem that is capable of funding and supporting itself.
BINANCE:ADAUSDLong
by BADQOMOCAWGOWLD
1
Cardano The 5th Wave Of Growth, Dec 27This chart is my view of ADA This is my most possible scenario In my scenario 4th wave was a running flat correction which ended and now I imagine 5th wave of Cardano. Two things that makes me more sure about it are: 1) Prices remain above the white trend line 2) Price break the red trend line " I had also two other scenario, in one of them it says also that this is the end of wave 4th and beginning of wave 5th, the other says this is the beginning of wave B of wave 4th but both are saying we expect a grow! "
by bearofwallst
ADA, first target reached, waiting for the second target!In a previous idea, I said that there was a good buying opportunity on the Cardano chart. What were the preconditions for buying? -accumulation -breakout of the trend line -a drop of 60% from the high -high volume at the bottom Price reached the first target, now I expect the price to be able to reach the second target. 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
11
ADA, the best entry point is here!!!Cardano is in a global trading range between $1 and $1.5. It is worth pointing out that the coin has already corrected by 60% from its high, which is a very strong correction. And after such a fall, it is worth looking for reversal points. We still believe that the market is still in a bull market despite such a strong decline. But it is worth highlighting that the best opportunity to buy ADA would be a false breakout or a rebound from the lower boundary of the trading range. But that does not mean that the price cannot go up from the current levels. It is worth pointing out that we do not take positions in altcoins for more than 25% of our capital, we advise you to do the same. Plus make sure you have a clear strategy for trading! 💚Like us, subscribe and write down what you personally expect from the market now. Links below
by AlexWhale
2