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Cardanoanalysis

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
CARDANO is under pressure. Will it last or crack? $ADA AnalysisFrom the daily perspective of the ADA / USD chart, we see a strong trend line, which indicates a down trend. But when we look at the Fibonacci retracement of the last impulse leg, we see that the price is at the important level of 0.382, which is trying to break down for the third time. If the price falls below 0.382, the next level where the price will definitely respond is 0.618. This is where we will place our Take Profit if we open a Short position. The trend line and level 0.386 also created a descending triangle formation. Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell. Today I will discuss all the essentials and based on our Price action strategy we will look for a suitable place to enter. Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade. We hope you will join us for the next trade.
by UltimateCryptoTrader
Check the status of Cardano After 7,000% price growth in an uptrend I think the progress phase has passed And now we are in the distribution phase and it is quite clear that it has been sidelined for some time Cardano, who was usually calm before the storms and the period of resentment was usually long, should be aware that a storm is coming and I think that storm will be the phase of falling. If a relatively strong Kendall closes under current support, it can be concluded that the fall phase has begun.
by Therezavni
Cardano broke that wedge pattern!!!After a recent drop of more than 30%, Ada formed a wedge pattern. On the chart we can see that every local high was with decreasing volume, now we have broken through the wedge pattern and can come to the zone marked on the chart below!!! 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
by Yuriy_Bishko
14
ADA, Cardano - 2️⃣ scenarios for long positionPrice formed a clear resistance line. I see 2 scenarios for buying. 1) We continue movement near to the level, make breakout, and make a retest of the resistance line. (Entry point after retest) 2) We'll come back(quickly) to a strong support zone. It will be a great entry point with SL lower than all 1.32 This idea not for people who want to buy and hold. It's idea for everyone who understands how to trade. 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
by Yuriy_Bishko
8