Cardano Analysis | Monday - 2021 31 MayIn this part, we are faced with two scenarios .
Scenario one (blue) is faced with a break of resistance at $ 1.90 and stabilization above the resistance, or the second scenario is a collision with resistance and return to the $ 1.34 area .
The (blue) scenario is more likely!
Cardanoanalysis
ADA- Cardano - proximate definition zoneThe graph speaks for itself. Some of these possibilities will be defined when reaching the marked area.
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ADAUSDTAs you see in the 4hour chart of Cardano. It has broken the channel line and Its about to complete the pullback to the broken line. Also in the previous downtrend according to Elliott wave theory and the RD+ that we can see in the MACD It all demonstrate that the lowest price that ADA touched at about 1.0100 was the end of the 5th wave of Elliott So it means that the downtrend has been over and since ADA has broken the channel line It may reach to 2.1394 as its first target
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Dont forget to put the stop loss
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In order to see more technical analysis please visit my youtube channel by searching my name: Marjan Sadeghian
ADA, Cardano - look when to buy👇🏻ADA repeats the situation that was 2 days ago. We were in a downward local range, after which we broke through to the upside and gained 17%. What will happen this time - let's see. If anything, entry only after a breakout with a stop loss. It's not the fact that we will go up, everything can happen.
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
Cardano could fall againAfter the recent low of around 1usd figure, Cardano has risen 80% and reached 1.8 important resistance.
As in a lot of coin's cases, I don't believe we are back on bull trend, but just correcting the recent steep fall and a new leg down in fallow.
That being said, I will look to sell around resistance, and only AdaUsd clearly above 2 would change my opinion
ADA, Cardano - 2 scenarios with a clear goal🔨ADA broke the trendline on 1h timeframe. In the first scenario, the price will do an impulse after the breakout of the 1,65 level. In the second scenario, the price can retest trendline(good entry point) and go up to 1,9. Be careful and trade only on spot.
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
Short Term Bullishness - About to test 1.44ADA looks bullish on the short term price movement.
It is forming an inverted triangle on the 1h chart.
The price rise will be equal to the height of the candle thats comes closest on both the sides and can be seen in the charts.
If the price moves over 1.45, the next resistance wil be at 1.475 and then 1.5893.
With major developments about to happen by June, especially ethereum-to-cardano conversion technology, ADA has a lot of growth potential and is a worthy investment in this market.
Target price: 50% at 1.44; 50% at 1.47 if it price moves above 1.45 or else 1.42.
Stop Loss: 1.32
Sell Offs Over? Here's a Idea on ADA.So from what I am looking at on the 1hour time frame and the 15 minute time frame is that we have seen the bottom twice which is at around $1.05 and it bounced off that level twice now. I do strongly believe we double bottomed and bounced off the strong $1.05 support level and are now beginning to start to form a new Uptrend and head back up to rechallenge our ATH. I DO NOT BELIEVE THIS IS THE BEAR MARKET!! I only think this is a bearish trend / cycle (**Inside of a bigger bull trend**) and that after that 2nd bounce we have firmly held our support level of $1.05 and can now start moving back up. As far as how long this move takes I can't give you a estimated time frame. But I can tell you a 100% fact is that you can't get huge gains in crypto without seeing some major profit taking. This is why I can't stress enough to newer investors to only invest BIG MONEY in projects that are fundamentally strong and have a solid foundation built underneath of there large fomo driven communities. So hopefully all of you that have been following my TradingView held on to there panties during this pretty much normal behavior profit taking and are now ready to get back on with the bull run. Now I can say for sure 100% without the shadow of a doubt that this bull market will eventually end but do I think it is now? Absolutely not and for multiple reasons at that. We have more money flowing into crypto markets then ever before. We have wealthy banks, Institutional Money & even Governments getting involved in the crypto space. United States has not shown any type of behavior leaning towards any type of bans only regulation which is to be expected when you're dealing with trillions of dollars and you keep seeing "Rug pulls" in the Coindesk breaking news headlines pretty much on the regular with platforms like Ethereum not keeping there platforms projects clean for the space which leads me into my next belief that Cardano will be King one day. The way Charles Hoskinson communicates with the community and how he doesn't play favorites or shill certain projects tells me 100% without any doubts that its all fair game and that is what makes successful communities. You can have the best technology in the world but if you don't have a community willing to develop on you're platform then you're not going to get anywhere. Cardano 2021 , 2022, 2023, 2025 are going to be some INSANE times so just hold onto you're panties Boys & Girls and make sure you HDLE, Buy, Sell, Repeat because I can feel it in my bones #Cardano is taking us to the promise land!!
This is not Financial Advice only my opinion using trading strategies & tools that I know in order to predict a analysis of my own. If you are new to the space then I suggest DYOR, Learn TA & NEVER TRADE LEVERAGE!!
As always,
Happy Trading Traders, Drop a Like, A Follow if you liked it & NEVER TRADE LEVERAGE!!
#ADA - Elliott and Fibonacci AnalysisAlright folks,
I did sell my position for a small profit, will only buy back once we see an uptrend for a Trade.
PS: We are still in correction but overall bull run is still intact, Corrections are very tricky and can never be correctly analyzed as it's triggered by a lot of bearish/bullish news media attention, until that cools off, bears will stay active until they lose the steam and bearish news doesn't show much strength on the fall.
~Happy Trading.
ADA, Cardano - I won't do something before that....Price dropped more than 30% from the high. Now, it's no a good time to do something and I don't see an entry point. I'll try to buy in the 1,3 -1,4 area. Only with SL.
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, Cardano - did u earn with me? 25%⚡️3 days ago, I wrote about 2 entry points. The first scenario has happened. Congratulations to everyone, 25%!
What's next?
We built a local trend line. I see the entry point only breakout it and retest. Before that, I won't do anything.
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
CARDANO ADAUSD HODLers long term targetFor long term ADAUSD investors, we believe the long term target for ADAUSD is $5.09. This target was developed using a Fibonacci extension of the Oct 2017 low and Jan 2018 high and assuming a wave 1 formation. On March 1, 2020, a higher low of 0.0185 confirmed the beginning of Wave 3. TOSOPTINO algorithm confirmed official Long entry on Jun 2020 at 0.079 and still remains in it's LONG position.
1 ada = 2.48 Is valid. Island is an island. Btc is of course affected by the Eth drop. But Ada is a coin that has not experienced its full explosion yet.
There is a goal of 12-14 dollars in the future.
The most important issue is that the people who enter the island are generally corporate and far from short selling.
Since the sale is made while the price increases, the money inside always stays the same or increases.
I always tactic the ruler of the island.
We took the island from the bottom.
We are increasing the number of islands.
Not investment advice.
The reason I wrote this is because you buy and sell investments at your own discretion.
If you are in Germany, we can get 1 year investment with the contract.
ADA - Where to next?I've liked the long side for while but I am now scaling out.
(ADAEUR - is a nice chart too!)
Technical aspects:
Pattern: Pennant/Wedge
Key Support: 2.1979383
Key Resistance: 2.490554
A break to either key Support or resistance area showing further clarification. The first trendline up nearest price action at this current moment of time, a break below bears may gain control of this market short term. However, we could re-test $2 areas.
All the best,
TJ
(Just a trade idea, not a recommendation)
Cardano Analysis Updated 03/03/2021As we can see the price is up reneging in a parallels channel where it has already hit the parallels legs of Fibonacci projection.
it has many chances to retrace down to the lower Boundary where there exist a Support Area too.
post the retracement we can target the 161.8% extension level of the same Fibonacci projection and consequently the 261.8% of it too.
there are total of 2 targets
Cardano (ADA) - 2 entry point. Look where...The coin has secured itself over a large range. The resistance level of 1.96 was also formed. The best scenario rod ADA is slow squeezing to this level. If it happens, it will form a good breakout pattern.
The trader's main mistake is to see one scenario and not be prepared for another. So if the price falls in the range zone - a good entry point would be 1.748. I showed entry points on the chart. I set alerts and wait for buying.
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