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Cardanoanalysis

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
CARDANO ( ADAUSD ) - SWING LEVELS CARDANO - Here in the chart it's showing a good pattern structure and following the support line, a small hurdle or you call it as a breakout zone is there following the triangular chart pattern, Once the breakout is sustained it can follow the path I have drawn on the chart, For now my approach will be a little cautions as it's trying to drop a bit, take fresh buy around the support line for the potential moves as mentioned on the chart. Do write in the comment section if you have any doubt or question related to this analysis, also write if you want analysis on any other asset. Hit the like button & share with your friends, That would be great - Thanks !!
BITTREX:ADAUSDLong
by Professor_GS
2
ADA CURRENT CLEAN TEHCNICAL ANALYSIS !looking at ADA here on the 1hr chart we can see Cleary on the HTF that price has respected the larger ascending channel and is still within bullish nature, however price has recently broken to the downside impulsively coming from a descending pennant. price made a strong rejection form the outer trend line on the daily and now were have price currently forming a possible flat flag. importantly this flag is placed at a significant fib area. there is a high probability that price may form a double bottom within this flag as shown in my forecast and price will have to from a confirmation making the fib level a new point of support to confirm a new push to the upside from this level, there is another possible outcome where price can make a double top within the flag and make a further push to the downside and even break the outer trend line confirming a new bearish trend. thank you for reading please always analyse from the higher time frames down!! please like and give me a follow as I am trying to grow my analysis to bring more clean price action analysis every week !
by akillizkb
1
ADA - Double or NothingOur last set up on Cardano went rather smoothly. The next set up we're planning is far more exciting. ADA is breaking out of a rather large rising triangle formation, and I'm confident we will see $3 on our next rally. Planning for my next entry to either be at the retest of the current resistance and ATH, or at the re-test of the rising triangle (that is if price drops this low again which I'm doubting). The fact that ADA is about to boom is not up for debate, the only uncertainty and question we must answer is where to answer our trade. We've only just started to see big green bars on the Daily MACD - and if you look back in time at every other time we've seen this from ADA - the coin made some impressive moves
Long
by Kseniya_Kopyl
ADA, Cardano - going to ATH and higher🔝Price was in a range of more than 2 weeks. We broke the key level. And we stay in the retest zone now. I entered the position with stop-loss. First target - 1,48$ 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