ADA CARDANO - Time to go higher?This is the updated ADAUSD chart.
Price at resistance, potential to breach is increased this time and 1.7 would be a reasonable target for Cardano.
Cardanobtc
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.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Cardano, best entry after trend line break out patternCardano, best entry after trend line break out pattern
ADA seems to be Loched in price channelSeems like support has been broken, however a strong recovery is currently on the way. I for saw a perhaps test to lower low supports before more upward movements, but would be okay to have Loch ness monster I drew not droop too much. KRAKEN:ADAUSD
ADA CURRENT CLEAN TEHCNICAL ANALYSIS !looking at ADA here on the 1hr chart we can see Cleary on the HTF that price has respected the larger ascending channel and is still within bullish nature, however price has recently broken to the downside impulsively coming from a descending pennant. price made a strong rejection form the outer trend line on the daily and now were have price currently forming a possible flat flag. importantly this flag is placed at a significant fib area. there is a high probability that price may form a double bottom within this flag as shown in my forecast and price will have to from a confirmation making the fib level a new point of support to confirm a new push to the upside from this level, there is another possible outcome where price can make a double top within the flag and make a further push to the downside and even break the outer trend line confirming a new bearish trend.
thank you for reading please always analyse from the higher time frames down!!
please like and give me a follow as I am trying to grow my analysis to bring more clean price action analysis every week !
ADA is slowing down but it's not OVERAs you see in the chart we have ADA continuing to consolidate within an Ascending wedge that is similar to Bitcoin. I don't expect a huge upwards for ADA in the near future a max to 1.62 Once the breakouts happen from that wedge downward towards the 1.20 expect a bounce back that may give us the upwards percentage that we are looking for. If things get change, I'll have the update here...
Trade at your own risk...
ADA Out of the flag an in a nice BullLet's see where ada can go from here
Making nice progress
number are the sats where there was heavy resistance in the first bullrun
DYOR Not financial advice
Cardano could go further- MACD positive crossover
- Higher highs & lows still in place
- Two clear resistance zones on the 1H
Targets: 1.618 & 2.618
Cardano $ADAUSD Target PTs 2.70-4 and higherCardano (ADA) pierced the $1.48 overhead resistance today and climbed to an intraday high at $1.55. However, the bulls have not been able to sustain the breakout as seen from the long wick on the candlestick.
The bears have pulled the price back into the $1.48 to $1.03 range. They will now try to sink the ADA/USDT pair to the 20-day EMA ($1.24).
If the price rebounds off the 20-day EMA, the bulls may make one more attempt to push the pair above the overhead resistance at $1.55. If they succeed, the pair could rally to $2.
On the contrary, if the bears sink the price below the moving averages, a drop to $1.03 is possible.
Buy the dip....ADAADA reached 1.55 and in the process now for some little correction to about 1.35 because the daily and the 4hr chart RSI reached 101 lol. Buy the dip...
Cardano breaking out now!Cardano is breaking out of an ascending triangle now, giving us an approximate target of $2.10.
It is also breaking out from a horizontal triangle on the ADABTC chart.
ADA Buy a break setup.ADAUSDT - Intraday - We look to Buy a break of 1.366 (stop at 1.329)
Daily signals are bullish.
Short term bias is bullish.
Offers ample risk/reward to buy at the market.
Pivot resistance is at 1.473.
We look for gains to be extended today.
Our profit targets will be 1.469 and 1.586
Resistance: 1.350 / 1.400 / 1.470
Support: 1.300 / 1.270 / 1.200
Again, Another try The candle is green right now !!! i probably should waited it to close but no
ADA will try again to Break the Resistance, you have 1 option from 3
(1) it's a good chance to scalp right now those 2.5% gain
(2) you can open your position right now and take profit 60% of your position and wait if it broke the resistance to take the rest 30%
(3) you can wait tell it break the resistance and close a candle above it then buy cause it will blow up to 1.41
What do you thing guys will happen soon ? i hope you to share your opinion with me
Wish you all the luck
Bullish on ADA/BTC near termCardano’s ADA showed strong performance this year, beating the 2018 all-time high of $1.2 and surginng even higher.
Yet in BTC terms it was slightly less impressive. In March ADA even lost 20% in BTC terms.
We’ve asked Hybrid Intelligence the following question about ADA’s near-term prospects:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002086 BTC at 09:06 AM UTC at the binance exchange on Friday, April 9. In your opinion, will ADA/BTC trade above 0.00002312 BTC (+10.84%) at any time before April 20?”
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Assurance: 88%
That's clearly a bullish indicator. The target is also within the range that was observed in March. So if the forecast is correct, that would not necessarily be a trend reversal but could simply be a continuation of the sideways trend.
ADA- Patience and High ExpectationsCardano has been quiet.
Yes, it does make us feel like we are missing out on other opportunities...but that's ok we can wait
The problem is that we get no news on new deals/ no big news is actually a problem for ADA (and for us who hold it as well)
So, personally I am slightly going lighter on ADA this month but I do still hold on to what I have. After all we have taken plenty of profits from 0,25 until now...
Positive detail: 1.45 resistance will be tested when it will be tested for a THIRD time..THIRD TIMES tend to have increased chances to break over.
the FXPROFESSOR
ADA - Buy Cardano before next huge pump! 🚀ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk. However altcoins season is on and ADA can pump very soon too!
ADA holders can stake it to get free ADA on Exodus wallet and in few other places.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
ADA - Buy Cardano before next huge pump! 🚀ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk. However altcoins season is on and ADA can pump very soon too!
ADA holders can stake it to get free ADA on Exodus wallet and in few other places.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
ADA - Buy Cardano before next pump! 🚀ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk. However altcoins season is on and ADA can pump very soon too!
ADA holders can stake it to get free ADA on Exodus wallet and in few other places.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success
