Cardanobtc
Cardano Update 09/05/21: Next Stop $2 14% Gain Cardano Update 09/05/21: Next Stop $2 14% Gain from current price level. Cardano has been consolidating for the past 2 months in a small range between $0.95 and $1.48 and we have now finally broken the previous key resistance at the 61.80% Fibonacci level @ $1.49. ADA's move towards the upside began on the 26th April, Our Swing Call Script triggered a strong buy signal when the 13 EMA crossed above the 50 SMA (55% Gain from Buy Zone) and Cardano broke above the 200SMA signalling back bullish market sentiment as the Bulls have continued to push the price higher. Cardano has grown 55% since the 26th April from $1.03 to $1.82 over a 13 day period to a new ATH in this Bull cycle.
Next Price Targets for Cardano:
🎯$2.36
🎯$2.92
🎯$4.94...we estimate this in 1 to 3 months from here at the 461.80% Fibonacci Level.
Cardano Update (05/03/21) From Buy Zone 1
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.
Notes:
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Hoskinson knows about Africa’s potential, his positioned strategically. There is real wealth on the African continent just the current systems stagnate growth, only a matter of time until this is unlocked through the power of blockchain and decentralisation we are going to see huge changes in our lifetime! Super smart guy!
With the integration of smart contracts, the Goguen era represents a big step forwards in capability for the Cardano network. Where the Shelley era decentralizes the core of the system, Goguen adds the ability to build decentralized applications (DApps) on Cardano's solid foundation of peer-reviewed research and high-assurance development.
The work for Goguen has been under way in parallel with Shelley, and when complete will allow users from technical and non-technical backgrounds to create and execute functional smart contracts on the Cardano network. One of the goals for the Goguen era has been the creation of Plutus, a purpose-built smart contract development language and execution platform using the functional programming language Haskell. Plutus is already available for testing and brings the benefits of functional programming to smart contract creation. It also allows one code base to support both on and off-chain components, improving the coherency and usability of the development experience compared with existing smart contract implementations.
The Goguen era also encompasses work to make Cardano accessible to wider audiences via Marlowe, allowing financial and business experts with no previous technical knowledge to create smart contracts.
Cardano / btcDo you guys think that cardano’s correction is going to end??
📍 Based on time analysis I have set 2 very important dates for the end of correction waves of cardano
🕔 this may not happen on the exact dates but we should be aware to see the market’s reaction on those days.
📍 we can clearly see the first and third E-Wave on the chart; thus another 5th wave still remains.
⚠️⚠️⚠️my charts does not recommend any buy or sell signals please do not open any positions based on my signals
🤞🏽Wish everyone luck 🤞🏽
🤔 ask me if you have any questions please 🤔
Cardano tired, time for a tea. Hello trenders and friends,
Today we be looking at Cardano retreat for a healthy bull trend.
There is plenty room for growth supported by a positive trend, not to mention the smart team and project behind.
I see a small correction and establish dominance at this levels coming through before price action.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
CARDANO ( ADAUSD ) - SWING LEVELS CARDANO - Here in the chart it's showing a good pattern structure and following the support line, a small hurdle or you call it as a breakout zone is there following the triangular chart pattern, Once the breakout is sustained it can follow the path I have drawn on the chart, For now my approach will be a little cautions as it's trying to drop a bit, take fresh buy around the support line for the potential moves as mentioned on the chart.
Do write in the comment section if you have any doubt or question related to this analysis, also write if you want analysis on any other asset.
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ADABTC setting up for some nice gainsCardano looks to be setting up above a resistance level that's been holding it down since early March. If it bounces up with any amount of strength from here, it will likely explode upward to meet the next resistance to beat at the .00002917 BTC level.
What's interesting to me is that this corresponds with a solid dip from BTCUSD. I think the Altcoin flippening is about to happen in full force, and high quality altcoins will be the next targets for growth while BTC is correcting.
[UPDATE ADA] 2$ SUPER SOON! THEN BULL RUN UNTIL 6$-10$!ADA is chilling lol (even with the Africa news)! It's super ready to pump in May up to 2.80$! Anyway, 2$ is easy in May.
Look at the RSI (the lowest of the past year). From that point, we had +1000% in 5months.
I'm expecting something similar for this next Q2-Q3 cycle.
My final forecast is approx 10$ ADA. A conservative scenario is 6$. This is very easy. I wonder if this crazy market will push ADA even further than 10$?
HOLD!
ADA 4H - Continuation Hi everyone,
ADA seems to give good indications of a bullish continuation.
We did see a break out of the ascending channel however respected the Daily & Weekly support zone .
Resistance zone is still in play but there's a good chance that we break out of it, when is anyone's guess but when it happens we can see greater highs again!
In the short term we might fall back to the smaller support zones (4H chart) and even retest the EMAs, if we fall below all of them we might have that B Wave correction still in play and see even lower prices.
All in all for us good opportunities to buy in more.
Kind regards,
Noel
ADA Buy a break setup.ADAUSDT - Intraday - We look to Buy a break of 1.351 (stop at 1.301)
Daily signals are bullish.
Pivot resistance is at 1.343.
A break of bespoke resistance at 1.340, and the move higher is already underway.
We look for gains to be extended today.
Our profit targets will be 1.498 and 1.568
Resistance: 1.340 / 1.430 / 1.500
Support: 1.270 / 1.200 / 1.150
Don’t bet on ADA/BTC just yetADA has recovered already its loss in BTC terms from last week and it looks like it might be set to resume its upward trend. But ADA/BTC is well below its February high.
We’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002279 BTC at 10:02 AM UTC at the binance exchange on Monday, April 26. In your opinion, will ADA/BTC trade above 0.00002621 BTC (+15.0%) at any time before May 15?”
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Assurance: 58%
While it's somewhat bullish, this means that Hybrid Intelligence does not have a strong conviction about ADA/BTC.
The relatively low BTC dominance of about 50% is favourable for alts yet perhaps ADA shouldn’t be the primary choice for a short-term trade.
ADA/BTC, Cardano/Bitcoin - a great potential👍Preconditions:
- price is in a range more than 1 month
- price made false breakout
- long movement near to the key level
I expect on squeezing, breakout and retest. Only after this scenario I'll open a position. Once more: only after retest.
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