Cardanobitcoin
ADA 40% up, NOW what? Just be careful it could go either way!Cardano ADA was beautifully rise up 40% with no hiccup. 2 scenarios are waiting for us A or B. I do believe that B is more likely, but with all the hype is going about ADA we could have A in place. First in trading stock, I always afraid from sell the news!!! I mean the listing on Coinbase pro. The hourly chart showing us that we have formed a steep ascending wedge, usually that the price will breakthrough down not up, the squeeze momentum indicator showing a bearish divergences so far.
Things to watch, If ADA don't hold the 1.32, we have a 3 support lines to watch 1.27, 1.24 and 1.07 before the trend reverse again and continue upwards. It could happen very much that we may have to revisit the 1.07 area to fill the gap been created for this runs up.
Scenario A it could very well happen if we breakthrough from where we are now 1.38 range knockdown the barrier of resistance 1.50 than the road is clear to at least $1.65 - $1.75
I myself sold half of my positions now and waiting to see what scenario is going to play before I buy again. !.32 is very important to hold, and 1.45- 1.48 is very important to knock down.
I'll try to keep you updated through the process as much as I can.
Trade at your own risk.
ADAbtc Cardano breaking out after 50% correction.$ADA #Cardano used daily by more people than bitcoin cash $BCH
More volume moved using #ADA than #litecoin $ltc
5x more volume than #doge
A lot of professional cryptography experts working in
@IOHKMedia
But some Arrogant cocky "experts" claim $LTC will moon and $ADA go 0
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow?
If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely.
But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall.
The nearest support area is $0.37-0.38
Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
ADA CARDANO - Volatility inboundOur updated chart on ADA Cardano shows that volatility is expected now. In the last 24 hours the asset has been lagging vs Polkadot, Ethereum and other major competitors which can easily be explained due to the fact that it has been outperforming the basket for the last few weeks.
The price will exit the wedge (triangle) very soon and volatility is guaranteed. Direction? Probably higher but a dip to previous support can not be crossed out
Cardano HYPE!Cardano has performed extremely well over the past few weeks
Currently on the BTC pair price is perched above 2.618 on a medium term fib circle trend
Price movement has been relatively flat however when compared to the USD pair
I expect the USD pair to move up to the nearest fib challenge of 3.618 within the circle
Assume a buy scenario
Green circles are areas of support
Red circles are areas of resistance
💘 Happy Valentines Ada - I have a crush on you 💘 💐This project, is not just better than Ethereum, it's a fantastic technology run democratically by fantastic people, built on fantastic values.
My new favorite cryptocurrency. I promise to come with a new video soon and explain all the findings.
For now you can get more info from google, or this boring friend or this very nice finding.
At the end of the day the scams will blow, the best technologies will thrive. Cardano is in the second category.
Cardano is not just a coin, Cardano is Math and art:
Gerolamo Cardano was an Italian polymath, whose interests and proficiencies ranged through those of mathematician, physician, biologist, physicist, chemist, astrologer, astronomer, philosopher, writer, and gambler
Ada King, Countess of Lovelace was an English mathematician and writer, chiefly known for her work on Charles Babbage's proposed mechanical general-purpose computer, the Analytical Engine. The first algorithm. She was daughter of Lord Byron!! wow
Ouroboros is ancient Greek magic, eternity.
Whoever is creating this, is not just technologically advanced but also stands for values. Cardano is an amazing project and I foresee a great future for it. It already stands out.
and keep in touch, because Voltaire is coming up this year to make this price FLY!!
Happy Valentines day CARDANO 💘💘💘💘💘
CARDANO - Ethereum's main competitor The Ethereum killer as some name it. It's technology seems to be gaining more and more fanatics in the crypto space.
Ethereum 2.0’s ‘science is not good,’ says Cardano’s Charles Hoskinson , as Cardano Gets Closer to Goguen Era after the successful rollout of the Goguen “Mary” update
(the one of two hard forks that will allow Cardano to transition).
i think we picked a winner again..
(Thanks Jose)
ADAUSD this is just a beginning towards previous highEMAs on the monthly chart.
Even though the price action of Cardano has rallied more than 1800%, but if we switch to the monthly chart, then it can be observed that the priceline has just broken out the resistance of EMA 10 and 21.
EMAs on the weekly chart:
On weekly chart, the price action broke down the EMAs 10 and 21 but again it has moved above these exponential moving averages.
SMAs on the weekly chart:
On the weekly chart, the price action of ADA has broken out the 50 and 100 simple moving averages and now breaking out the 25 SMA resistance level.
Ichimoku cloud:
Now if we turn to the ADA with the Bitcoin market, then the price action of Cardano is likely to break out the Ichimoku cloud resistance on the long-term weekly chart.
Conclusion :
The priceline has rallied more than 1800% so far, but this is just a beginning and the ADA can cross up the previous highest price ever very easily.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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💡Don't miss the great buy opportunity in ADABTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000740).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Cardano/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 0.00000990
TP2= @ 0.00001150
TP3= @ 0.00001290
TP4= @ 0.00001590
TP5= @ 0.00001847
TP6= @ 0.00002290
SL= Break below S2
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Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ADABTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000740).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 0.00000990
TP2= @ 0.00001150
TP3= @ 0.00001290
TP4= @ 0.00001590
TP5= @ 0.00001847
TP6= @ 0.00002290
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Cardano (ADA) hold support ADA / USDT
–the price recently managed to flip resistance into support
–We can see alot of wicks above support indicating strong buy at support
–40 days price range consolidation = expect big move soon ?
If the bulls keep holding this support for next days or hours we can see next leg up to higher prices
🛑Invalidation = if price breakdown the support and break EMA 20 could be an early Bearish signs
Good luck
ADA bullish divergencePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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Cardano is looking interesting. Finding support on the range it was in for over almost a year. With a bullish divergence on the RSI.
When it touched here in november we saw a nice 50% rally towards the resistance at 936.
If Bitcoin retraces and fulfills its blow-off top, we could see Cardano move further toward the 1200 level.
What do you think about ADA? Long term hold? Or just a trade?
ADA buying opportunityCardano currently stading on a strong support level @ 878 sats. It had a short retracement last time before breaking this line to switch it from resistance to support.
Entry: 878 sats (40%) & 810 sats (60%)
SL: 760 sats
TP: 1050 & 1270 sats
What do you think ADA will do before the end of the year?
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Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!