Cardano - 2 scenarios that will tell you what to do! 😉The whole market was expecting a correction, to buy bitcoins and altcoins at a discount, but the market is not going the way most people expect it to, and yesterday there was a very strong spike, bitcoin was up 18%, there were very many liquidations, which actually happened with altcoins as well.
What's on the Cardano chart? The price is also in a consolidation range, now it is close to the upper limit.
There are potentially 2 possible developments:
- first scenario, the price quickly approaches the upper boundary of the consolidation, makes a false break, and goes down
- second scenario, the price will squeeze near the upper boundary, make a breakdown, retest the upper boundary as support and go higher.
Write in the comments all your questions and instruments 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
Cardanobtc
ADA CARDANO - 1,3980 is a Major Resistance (still)You guys ask why I don't post on Cardano lately.
Well here is the updated chart which clearly shows that unlike Bitcoin we are still under (below) major resistance.
The news remain good with Portfolio Strategist Expecting Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether
All tis while 'Smart Contracts One Step Closer to Hitting the Cardano Network'
All this until the 1,3980 is breached over and we can buy again.
One Love,
the FXPROFESSOR
Cardano Bullish viewCardano will soon regain his ascending self, which we are surprisingly looking forward to.
Cardano has a peak on this so-called 'bull-run' between 7-10$ , with an estimated percentage performance of about 200% .
The last thing we expect from cardano is another aggravated tampering that would cost us, and I therefore hope for the best for you out there.
CARDANO TAKING OFF NOW!As requested, here is our Cardano analysis!
We have seen Cardano bouncing from the same support level since the start of the current bull-run. The $1 psychological level is considered as a great entry point for retail buyers. Also, spikes below this level are usually reversed by low frequency buyers. At the moment, we have seen a massive bullish candle that could be the start of a new rally from this well-known support.
The developers have been planning the smart contracts implementation and scalability. So we may see a notable development after Ethereum EIP1559 launch.
Cardano 'Short' overviewCardano 'Bearish' technical analysis.
I've been holding Cardano in several month, and the currency has only, at the time, accomplished strong falling 'bearish' results.
I've done some more research and analysis, that i would like to share with you - 'Short'.
- Thanks
BITFINEX:ADAUSD
Cardano sell the breakdown.Cardano - Intraday - We look to Sell a break of 1.279 (stop at 1.321)
Daily signals are bearish.
Pivot support is at 1.286.
A break of bespoke support at 1.286, and the move lower is already underway.
Bearish divergence is expected to cap gains.
Our profit targets will be 1.174 and 1.134
Resistance: 1.320 / 1.370 / 1.400
Support: 1.290 / 1.250 / 1.200
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
Cardano(ADA) can increase around 8%Hi guys, Cardano had a breakout of descending trend line strongly.
I think we can have a pump in altcoins specially ADA.
For now I expect some sideway and after touching white trend line I think ADA can pump up to mentioned targets.
Your Likes and Comments are the best Thanks u.
Be profitable
ADA- We haven't Forgotten YouADA Cardano would be one of the usual suspects that can outpace the vast majority of cryptos in case of a Bitcoin rise.
Here is our updated chart with main support levels to assist you.
With these good news of Rwanda-Based NGO Partners With Cardano Foundation to Launch ADA Crypto Charity Platform and also these GREAT news of Grayscale Adding Cardano To Large Cap Fund Ahead Of Key Update, one can feel confident that the timing would be good to embrace Cardano again.
One Love,
the FXPROFESSOR
Cardano accumulates strength for a strong move 🧨🤯The last few days have seen no strong movements on the Cardano chart. Volatility has decreased and this means that price is building up strength for the next strong move.
Which way this move will go cannot be predicted 100% but the chart shows that price is trading in a local triangle, slowly pushing towards the upper boundary.
If the price continues to squeeze, breaks the upper boundary as resistance and tests it as support, it could be a good opportunity to enter the position, with the targets higher!
Write in the comments all your questions and instruments 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
ADA Buy the uptrend.Cardano - Intraday - We look to Buy at 1.384 (stop at 1.341)
We look to buy dips.
Pivot support is at 1.380.
Trend line support is located at 1.380.
Previous resistance, now becomes support at 1.400.
Our profit targets will be 1.526 and 1.576
Resistance: 1.450 / 1.500 / 1.550
Support: 1.400 / 1.380 / 1.350
#Cardano - Upside potential #ADABTC #tradingviewOnce Cardano's phase of weakness against Bitcoin is over, a phase of strength should follow.
Today's closing above the EMA50 should confirm its strength. Then a bull-run could run towards new highs.
Good luck with the implementation of your ideas.
Greetings and a good start to a new week
Stefan Bode
ADA CARDANO - Time to Go HIGHER maybe? (and hopefully!)Been waiting for Cardano to rise but Cardano is always like this: testing our poatience and then rises in due time.
Let's hope that Bitcoin manages to help us lift Cardano higher.
After all, ADA has proven to be the right choice since it fails to drop more than the others and to em it's the best option at this stage.
Hope it goes up,
the FXPROFESSOR
PS. RIGHT NOW I AM HEDGED: Short on BTC and LONG on ADA