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Cardanoanalysis

Cardano Update 22/08/21: $2.45 Target 🎯10% Gain to $2.85Cardano 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
5
CARDANO analysis (🔴-50% or 🟢1500%)Cardano has broken its historic high and is the third largest digital currency with market cap of 80 billion dollars. Chart and news about this currency show that ADA is good to buy. Analyzing and defining a target for a chart that has only one main high and low is not easy at all. But I think the major prices are $37 , $45 and $60 , and October 18 or December 20-27 could also be important dates for this chart. _________________ '' See the analysis of others, but trade according to your decision. '' <>
KRAKEN:ADAUSDLong
by Aaron_Fox
12
ADA Blush Reversal or Head & ShouldersSince we've had this pullback we've reached a important resistance moving forward. As you can see if we fall below this resistance we may end up creating a Head & Shoulder pattern which we've seen many of times where we consolidate after then get bullish. Or we could hit this resistance creating Double Bottom which usually follows up with a nice Uptrend. Excited too see how this plays out, come beginning of September were going to be going for $3.
BITFINEX:ADAUSD
by Kyle_Kinnaird
ADA About to take off!?ADA is looking pretty great trading inside this wedge with having 3 wicks at the top in just the past week, if we don't break through here there is a chance we start to come back down a little but i believe a breakthrough of the wedge is coming. First of all a huge factor for this is continuing to hold above the the pivot point which we have been doing quite well, and doing so will be a trend reversal for us and we will likely gain bullish momentum pretty quick. Looking at the bollinger bands aswell, we are nearing the top band which is always highly bullish, we could see price action grab onto top band and start to go onna bit of run up more than likely right through the top of the wedge! Now finally the RSI is looking great we have broken above the 50. point midline, over the past couple couple months we have really struggled to stay above the midline and we were stuck in a confirmed downtrend, now if we can successfully hold above here we will indeed get a trend reversal and a confirmed uptrend. Not financial advice just my opinion!
KRAKEN:ADAUSD
by JacobR905
💥ADAUSD - TO FALL TO $1, THEN RISE TO $1.40 & $1.80Please support this idea with a LIKE👍 if you find it useful🥳 CARDANO has been in consolidation since 26th February, 2021. Currently, price is in a triangular zone, making effort to breakout and leave. Therefore, I expect short down to the support at $1, pump, breakout of the triangle and pump to the neckline at $1.40. If it breaks the neckline upward, then another rise to $1.80 What do you think? Share your opinion in the comment section✍️ Happy Trading💰🥳🤗
BINANCE:ADAUSD
by PetrockFxTrading
5
ADA 1D Careful with Longs, on Cardano Chart Positive FadingThe last time we made a global idea for the ADAUSDT pair was 3.5 months ago. We wrote that there will still be an increase in ADA to $2, but for this we need to wait a bit. You can check the result below. But now, looking at the global ADAUSD chart, we no longer like it. The most positive scenario that is currently visible on the chart is an increase to $1.50 . There we would recommend covering the longs and looking around. If sellers will be able to gain a foothold above $1.50 , then super, you can re-enter the position with them and continue to hold a long. But if the price drops to $1.20, then buyers will have to sweat a lot in order to raise the price up, and this will be the first sign of danger for longs. If sellers push the price down to $1.10, this will be the second warning signa l and will mean that buyers are losing control of the situation. In this case, sellers will seize control over the ADAUSD market, and then the red scenario will fully activate. The target of working off the fall , according to the red scenario, will be around $0.40. Someone will say that this is a terrible and unrealistic scenario, while someone, on the contrary, will gladly rub their hands, because there may be a good opportunity to buy ADA cheaply again in their investment portfolio. There is no 100% correct statement, but we must remember that everything is possible in crypto and only time will judge who was right and who was not) Have a nice weekend everyone, which is coming) _____________________ 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 and comment" 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
44
ADA/USDT - potential 186% mid-term setupHello, Traders! ADA has not finished its business cycle and technically looks stronger than most other altcoins on the market. At the moment, buyers are restrained by the local resistance at $1.25 It is possible to form a buy position in three parts: 20% of volume in the range of $1.02 - $1.15 30% of volume in the range of $0.81 - $0.95 50% of volume in the range of $0.55 - $0.71. Further, in case of a significant correction in the market, a position with an excellent average entry point. The range to exit the asset at a stop of $0.27 - $0.38 The targets for purchases will be price levels of $1,48 $1,74 $1,97 $2,33 The ratio of risk to profit in the transaction is more than 2. A good option in the medium term. P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:ADAUSDLong
by UnknownUnicorn10064030
ADA: Cardano / Bitcoin : THE WHALES ARE ABOUT TO SHOW THEIR HANDADA: Cardano / Bitcoin : THE WHALES ARE ABOUT TO SHOW THEIR HAND We are about to find out if bag holders get massacred or shorters get squeezed to death. I am holding bags praying. Pivot point is way to obvious. either way be careful with your positions. Alts can dump another 50% EASY if its down. This one chart pretty much sums up the whole ALT market right now. GOOD LUCK FELLOW DEGENS DEATH OR GLORrrrrrrrrrrrrrry
Long
by Crypto-Quantum-Fox
4