Cardanobtc
$ADA reducing volatility. Time to top up?
Need to break 0.2 and make higher highs
Cardano has over 7X'd this year so be careful with this one with people taking profits.
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MACD oversold
Bollinger bands
Falling volatility
Wedge reversal
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Too much media hype. ADA doesn't need it=Attracts too many people who don't see the long term vision of cardano
Follow on twitter for more setups.
ADA/USD possible support and resistance zonesThese zones are merely an indication of where ,in the past, there has been conflicting market psychology. Meaning there were people on the bullish side but also people on the bearish side. This could mean that at this price people take a profit or become less confident in the coin. Therefore we can use these zones with proper knowledge of price action and also an understanding of the current sentiment of the crypto market to make and informed "guess" on the direction of ADA/USD. You should not "expect" the price to do anything , you should merely follow this because it is the most likely outcome based on all the knowledge from price action, market sentiment and an understanding of the fundamentals of crypto and trading. Being "likely" does not guarantee the outcome and I can not even guarantee that it is indeed "likely". Don't be too attached to these lines you draw on a chart. They highlight interesting things, they are not "laws of the market" or something like that.
ADA ready for another goAfter a 25% drop, in line with the current market, we could see a further continuation to the upside. I'm expecting a touch of the first support zone. If we then put a stop loss below the second support zone a rally towards the most recent high will give us a nice 3.5 R:R
A strong move could take us to the next resistance at 3840 sats (dating from 04/2018)
Are you bullish or bearish on Cardano?
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.)
Can Ada outperform Eth next bullrun ?ADA / ETH
ADA was one of few coins last week its reaction against Btc dump was amazing and didn't drop hard like most of others
Here with ADA / ETH pair weekly chart :
we can see strong resistance since 2018 just broken few days ago
This mean if the bullrun is still vaild we can see ADA outperform ETH in next bullish wave
Important : weekly candles must close above this resistance and dont close below again
Remember ...You should have a plan before trading and expect everything
Dont trade what you cant afford to lose
Best wishes
ADAUSD approaching a crossroadADA looks to be approaching a crossroad that would likely lead to a break out upwards. This could mirror Bitcoin's current upwards trajectory, but at an accelerated pace.
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This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
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
Plain and simple ADA analysis TODAYPlain and simple ADA analysis TODAY BINANCE:ADAUSDT
ADA is in full hype mode, so i posted a little video yesterday at the peek , to warn everybody as it was spiking.
Turned out, i was right.
So, the bearish signs were too obvious... Bearsih divergence, volume and so on...
However, the parabolic move is still intact.
BUT
Many other cryptos broke it during their rise into this 2021 bullish cycle.
I would be really surprise if ADA was able to stay inside his parabolic move.
Chance are high that we might revisit 1$, so patience for now, stay away from it.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
See you all tomorrow, and don't forget to smash that like button !
ADA Cardano - over 650% rise since post 1🤩I have expressed my admiration for the Cardano project in a few occasions, especially as my 'Valentine's day coin' .. an affection based on fundamentals and technicals.
Cardano has proven to be the best option and yes I do expect it to rise further... to at least 3$ a piece
Some call it ETHEREUM KILLER . I just like to call it ADAMANTIUM COIN , where it's strength is the technology and it's team's values.
When it comes to cryptos, research always pays out- just remember to combine it with technical analysis.
Thanks ADA,
the FXPROFESSOR 💖
ADAUSD upwards trend maintainedADA seems to be maintaining the trend projected earlier for its upwards trend. It such an exciting thing to watch.
Side by side with Bitcoin the rise of Cardano (ADA) is phenomenal, which goes to show how strong its fundamentals are compared to any alternative coin.
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This content is for education purposes only. You should not execute any trade based on it. Please do your own research.
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
ADA try to flip strong resistance to supportADA / BTC
This is the third week bulls try to push price above strong resistance with the BTC pair
The resistance since 2018... flipping it to support will make ADA extremely Bullish toward 0.00004 area as first target
Ofcourse there is high chance of success Specially if the btc dominance drop next few days - weeks
Until that we just watch
Lets see your opinion below !