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Cardanoadalong

Cardano Update 09/05/21: Next Stop $2 14% Gain Cardano Update 09/05/21: Next Stop $2 14% Gain from current price level. Cardano has been consolidating for the past 2 months in a small range between $0.95 and $1.48 and we have now finally broken the previous key resistance at the 61.80% Fibonacci level @ $1.49. ADA's move towards the upside began on the 26th April, Our Swing Call Script triggered a strong buy signal when the 13 EMA crossed above the 50 SMA (55% Gain from Buy Zone) and Cardano broke above the 200SMA signalling back bullish market sentiment as the Bulls have continued to push the price higher. Cardano has grown 55% since the 26th April from $1.03 to $1.82 over a 13 day period to a new ATH in this Bull cycle. Next Price Targets for Cardano: 🎯$2.36 🎯$2.92 🎯$4.94...we estimate this in 1 to 3 months from here at the 461.80% Fibonacci Level. Cardano Update (05/03/21) From Buy Zone 1 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. Notes: www.youtube.com Hoskinson knows about Africa’s potential, his positioned strategically. There is real wealth on the African continent just the current systems stagnate growth, only a matter of time until this is unlocked through the power of blockchain and decentralisation we are going to see huge changes in our lifetime! Super smart guy! With the integration of smart contracts, the Goguen era represents a big step forwards in capability for the Cardano network. Where the Shelley era decentralizes the core of the system, Goguen adds the ability to build decentralized applications (DApps) on Cardano's solid foundation of peer-reviewed research and high-assurance development. The work for Goguen has been under way in parallel with Shelley, and when complete will allow users from technical and non-technical backgrounds to create and execute functional smart contracts on the Cardano network. One of the goals for the Goguen era has been the creation of Plutus, a purpose-built smart contract development language and execution platform using the functional programming language Haskell. Plutus is already available for testing and brings the benefits of functional programming to smart contract creation. It also allows one code base to support both on and off-chain components, improving the coherency and usability of the development experience compared with existing smart contract implementations. The Goguen era also encompasses work to make Cardano accessible to wider audiences via Marlowe, allowing financial and business experts with no previous technical knowledge to create smart contracts.
Long
by CryptocurrencyMagnet
ADAUSD poised for growthADA growth curve adjusted after the recent semi-crash of markets. Its adjusted trajectory might hint at a higher price target than earlier estimated. It remains to be seen if the regained confidence in the market will continue. At least for now, ADA has regained its position as the third largest crypto asset by market cap. -------------- This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
BINANCE:ADAUSDLong
by prhasn
1
ADA.USDT (Y20.P3.E5.v2).Looking for the next longHi All, *** This is a continuation of the previous post, link provided below. *** Note: Log settings are not enabled on this chart. I have come across the LIVERMORE Speculative Chart just today and it seems many of the ALTs are doing this in some form or fashion. I have yet to spend much time on learning all the details to this strategy. So my first attempt is on ADA. The LIVERMORE base structure starts off with a accumulation cylinder with a widening mouth, just like ADA here. The 1,2, 3, 4,5 ,6, 7 what I understand usually aligns with the Elliot impulse with 6,7 corresponding to a ABC correction. So I have given the background to this approach and now its now a matter of waiting for a bullish reversal to jump in, if this is to be true. Lets see if I have interpreted this correctly. - I have both indicators over into the reversal area of the stochastic, phoeix and RSI indicators on the daily; - I have price action on a trend line (support) as well as a fib level; If ADA is to do what is on this post, then its likely BTC will be defended here and no new lower lows. ADA might wick down a little lower with a acceptable deviation for this chart structure to work or be true. So might BTC. Below is a high level overview which I believe could align with the Livermore strategy. Regards, S.Sari Overview with key levels on the fib as resistance which also equate to targets. Aligns well with this strategy, if its true. PREVIOUS POST to this topic
Long
by ssari
1