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Cardanoanalysis

ADA 12h It seems the growth is over...Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out , it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest . We promised - we are doing. After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers. What do we see next? The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38. In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall. The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
11
ADA-4h. The next target is $0.4.An interesting deja vu occurs when we look at the ADA. Deja vu with XRP coin . Yes, of course coins are different in the nature of price movements. However, they have common liquidity ranges , from where local reversals are possible. The target of our previous idea worked out and the buyers managed to significantly exceed our expectations. Currently, ADA volumes are in 10th place in the ranking of all cryptocurrencies. Its aggressive growth since January 4 was 70% . It was after the breakthrough and retest of the trend line, which restrained buyers from November 24, that things in the ADA market improved significantly. However, it is worth noting that at the end of 2017, the historical high of the ADA was around $1.2 . At the moment, the price of ADA is $0.333 . BTC has long updated its historic high, ETH on the way to it. Therefore, the prospects for Cardano are great. There are two obstacles: $0.4 and $0.6. If you look at our recent idea for XRP - you will see similar figures. It is this fact that adds a touch of competition between the two projects. The $0.25 mark is a critical point of the current optimistic scenario . Below it, the sellers will confidently take power into their own hands. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
9
ADA 12h still can shoot wellAlmost a month has passed since the publication of the previous ADAUSDT global idea. Since that time, the critical level of $0.17150 has withstood a hit from the bottom for the third time, and a low of the trade was $0.12630 with the forecasted $0.12000. ADA has not yet responded to the phenomenal BTC growth like altcoins can, and it looks like ADAUSDT rapid growth is included in buyers' plan soon. Fixing the price above still unbreakable level of $0.17150 will give a green signal for massive purchases, and accordingly, growth to $0.25400 and maybe to $0.34600. However, it is worth mentioning that BTC closed yesterday's daily candle with a bearish pinbar. It is not yet known for sure how Bitcoin will be fixed: in fiat or they will start transfer it into altcoins. Therefore, one more the ADA price decline to the level of $0.13400 should not be overlooked. Below this level, a breakthrough to $0.09300 may happen. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
13
ADA 1D. Purchase zone is $0.053-0.055Exactly one month has passed since the first idea on Ada was published. We really liked how clearly the previous idea worked out. Therefore, today we will update the targets below, which we see. It seems to us that at least for altcoins, there won't be a happy New Year. But for those who want to deliciously shop , the New Year can give very, very cheap prices. We expect ADA to fall at least to $0.053-0.055 .The coin can reach a global fall by testing the range $0.042-0.46. If the ADA cost rises above $0.115, it will make us to revise our calculations. ___________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
5
ADA/ETH UPDATEHello fellow traders! Today I am analyzing why I think using your ETH buying power into cardano might be a good move. I have previously posted a chart showing the oversold conditions of this asset. On the weekly chart there are several indicators showing bullish momentum. MFI- really oversold to the point where we really haven't seen these levels for quite some time. RSI- Nice bounce off of a key support area also we have a WEEKLY bullish engulfing candle, signifying that we might go higher. please like if you enjoyed this content also not financial advice just my thoughts ;)
Long
by KYLEKILLJOY