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Cardanoanalysis

ADA is on the verge of explodingADA has been stagnant for a while, and some of the investors are growing impatient. However, people do not realise that an explosion is about to come for ADA. After his incredible run in the past year, ADA presents a strong army behind with significant adoption ahead. The TA shows that ADA is flirting with the 200MA, which has created strong reactions for the last 1 and a half. The price is squeezed between 50 and 200MA, forecasting strong volatility. BB is wholly narrowed for some time which suggests an explosion is brewing. Nevertheless, we can recognise 2 patterns. A descending wedge and bullish pennant are about to be completed. The first target in the next 2 weeks is 3.8. However, my bull run targets are 10.7 and 21.8 as the top. The bear market will bring us back to 1.3 with many rekt.
BINANCE:ADAUSDLong
by CFcryptoTA
5
Cardano- Losses should be limited from now onSince the beginning of September, Cardano is on a downtrend, which in my opinion is in fact a correction for the 1 to 3 move up. October was a month of range trading and accumulation for this coin At this moment the price is 1.95 and a new spike down is not out of the question. Bulls can see this spike down as an opportunity to go long in 1.8 zone, support marked by a lot of highs and lows on our chart and also by 61% Fibo The first target can be 2.3, but I wouldn't be surprised if Cardano will reach a new ATH in medium-term
COINBASE:ADAUSDLong
by Mihai_Iacob
15
#ADA Cardano 1D Chart - Big Move ComingCardano is showing signs of the next leg up. After the last breakout, Cardano has been in a falling wedge pattern off of a flagstaff. Taking the flagstaff from top to bottom, the measured move brings the price to the 1.618 fib (trader's dream :P). All of this works if BTC and ETH can keep the rally going as we are approaching the apex of the falling wedge for the move to happen. If there is a market correction, everything noted above may be invalidated. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
KRAKEN:ADAUSDLong
by MillionaireEconomics
Cardano-Buy/Sell SignalsBelow is a detailed trading pattern when to buy/sell Ada. Buy at the up-coming low: between October 30,2021 to November 2nd,2021 (around $1.85). Likely though on October 31st (when trading is minimal due to Halloween celebrations). Possible low sooner:10-28-2021. Sell Cardano around November 21st, 2021 (if price follows the copied yellow bars pattern from February 09th, 2021 to July 19th-condensed though). Sell around January 30, 2022 if pricing follows the light-pink bars pattern. Added is a rounding top (pink curved line) which connects the "tops" of the patterns nicely. Also added is the yellow boxes, which show condensed trading, on past patterns and also a bullish signifier for the Bollinger Bands. Another "buy" signifier would be when the relative strength index drops to/or below the 30% marker (around the expected low time-frame mentioned above). Ada could see another condensed trading period (after the breakout) around February 25, 2022 to April 7th, 2022 ($2.60-$2.30 if trading goes as expected). The low that is predicted would also touch the green rounding bottom, which follows each breakout from the condensed trading period from pervious trading patterns. *This should be seen STRICLY as a trading journal, and not any kinda of real trading advise.* related Cardano published idea linked below:
Long
by marcosdaunte
Cardano (ADA) Update 26/10/21: $4.40 Target🎯Potential 104% GainCardano (ADA) Update 15/10/21: $4. 40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold market condition and we can expect bullish sentiment back in the market. From the current price we expect ADA to push above the 61.80% with a clean break above this level as ADA has failed several times now to flip this critical level into strong support for the next push phase towards $2.60 at the 78.60% fibonacci level. For the next impulsive move, it is important for ADA to establish the 61.80% and 78.60% fibs as levels of strong support. Our current targets for Cardano (ADA) from the current price level @ $2.18. 127.20% fibs @ $3.67 (67% Gain) 161.80% fibs @ $4. 40 (101% Gain) 261.80% fibs @ $6.51 (197% Gain) EOY/Q4 Target at the full fib extension 423.60% @ $9.92 (356% Gain from the current price level @ $2.18). Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :) Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :) Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :) Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9. Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control. 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. Overall very bullish outlook on ADAD with a long-term price target of $9 EOY. A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
CARDANO ready?The next move is going to be violent. It has been in accumulation mode for the last 2 months. There is a confluence of resistance above the current level, Hence price suppression. BB are very narrow, which means volatility was very low, and the price is susceptible, which means high volatility is expected in the next directional breakout. It is one of the best entries, in my opinion, in the market right now. The Stop loss is at 1.71 (conservative), 1.8 aggressive. First target 6.7, second target 12.05, last target 20.06. Another way to play it super safe is to just wait for the breakout above 2.42 before entering.
BINANCE:ADAUSDLong
by CFcryptoTA
Cardano (Breakout)Cardano is making measured moves up, with the next move expected to hit the price target of: $3.60 by January 30th 2022. The relative strength index in trending down overall. Taking a copied bars pattern from: February 09th, 2021 to July 19th, 2021-purple bars (similar R.S.I patterns). Ada could reach the expected price target with a 68% increase from the current price, 94% increase if purchased at the low (around October 27th 2021 to November 3rd 2021). Cardano could see a condensed and fast rise-seen here as the yellow bars (with the price target reached sometime at the end of November early December). A general breakout following the green rounding bottom is expected.
Long
by marcosdaunte
Cardano Update 15/10/21: $4.40 Target 🎯Potential 104% GainCardano (ADA) Update 15/10/21: $4.40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold market condition and we can expect bullish sentiment back in the market. From the current price we expect ADA to push above the 61.80% with a clean break above this level as ADA has failed several times now to flip this critical level into strong support for the next push phase towards $2.60 at the 78.60% fibonacci level. For the next impulsive move, it is important for ADA to establish the 61.80% and 78.60% fibs as levels of strong support. Our current targets for Cardano (ADA) from the current price level @ $2.16. 127.20% fibs @ $3.67 (69% Gain) 161.80% fibs @ $4.40 (104% Gain) 261.80% fibs @ $6.51 (201% Gain) EOY/Q4 Target at the full fib extention 423.60% @ $9.92 (360% Gain from the current price level @ $2.16). Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :) Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :) Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :) Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9. Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control. 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. Overall very bullish outlook on ADAD with a long-term price target of $9 EOY. A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
15
ADA Explosive move coming soon!!?Cardano on its USD pair has been getting beat down a little bit but is definitely still showing strength and trading on the upper side of this descending triangle which is technically a bearish pattern but i would be surprised if this played out bearish. Looking at some very positive notes coming from the bollinger bands, first of all we have pushed up and above the midline on the bands which now acts as support, and we are getting pretty close to that top band with us wicking off of it earlier today, one big test we are currently facing is the 0.6 FIB level which we have failed to regain for quite some time, but mind you we were also facing resistance from the bollinger bands midline and now that we have that regained taking out the 0.6 FIB level could be much easier! Keep in mind we also face resistance coming from the top of this descending triangle but if we do grab onto that top band we could start flying! Last thing on the BB we notice that they are squeezing down hard on price action and almost everytime this happens we see an explosive move to either the upside or downside. Now lets take a look at the squeeze momentum indicator, this is where things are starting to look very fun, we are getting our first green bar on the histogram and our first black cross, this signals a bullish squeeze and we are looking for this to continue building up bull momentum along the way, we want to see bigger green bars each day showing us the momentum is there along with the black crosses, and then at some point we will start to receive grey crosses signaling the squeeze release which usually sends us on a very nice run to the upside, so definitely keep an eye our for those grey crosses and continued growth coming from our green bars! Now the ADX or average directional index, we are actually starting to turn a little further to the downside which isn't a huge deal for now but what we need to see and want to see if we keep seeing a decline is us catching that green support level slightly below us and get a nice bounce and reversal, this is something we should watch with a close eye. My thoughts are that we indeed will bounce off this support level and i feel we are only showing downside on the ADX due to us trading slightly downwards in this descending triangle, if we see a breakout to the upside that will definitely change the ADX and we will be in the midst of a reversal on this index! Not financial advice just my opinion!
KRAKEN:ADAUSDLong
by JacobR905