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Cardanobtc

Developing Inverted H&S Pattern with 22% upside potentialAs you can see on the chart there is a developing head and shoulders pattern. If the last leg developed perfectly, we can expect a potential 22% to the upside to the 1.618 and a further pump to the 2.618 which is exactly same as the head to the bottom distance. A buy stop order can be placed just above the neckline of the inverse head and shoulders pattern. This ensures the investor enters on the first break of the neckline, catching upward momentum. A suitable profit target can be ascertained by measuring the distance between the bottom of the head and the neckline of the pattern and using that same distance to project how far price may move in the direction of the breakout.
by SnowWhiteJaguar
Cardano, I still believe in youHello Traders! This isn't standard chart, because I used 15D Time Frame. I didn't draw anything on card merely because here you can find anything what you need, the support and resistance lines/levels and other hints for long-term trades. At first, you can find the support line from 7EMA(1100-1200 sats) and the resistance line from 30EMA(1800 sats), and remember than more longest timeframe are you using than more accurate and strongest the support and resistance lines. Right now we have, the price are around of the support line, it is a buy signal, another hint is RSI which has hit the 50 area and this is the second buy signal. Second, Cardano is in the stage of development, that mean the price can react very and very agressive on any new future update. GL and have a nice trade.
by LudwigStirner
Cardano, let's catch the falling knife Cardano is about setup to easiest trade ever, in 1 condition, that it's going down to the green area. That green area has been calculated very carefully by different indicators ( EW, Fib extension, Fib retracement, Volume Profile, it's also the only significant support area on the chart ). Basically, I guarantee you all that we're not gonna break it. But if it does, a very tight stop loss below 900Sats will save the day. So how are we're gonna play this one? first, Layer your buys in that green area, Stop loss: 899 Sats Take profit: It's gonna be at least a 30% profit. I'll follow this trade and keep you guys updated in the comments section.
by justacryptotrader123
ADABTC - DON'T MISS THIS OPPORTUNITY! Buy Price: Green Zone SL: Red Line ( Historical low of ADA ) Profit: Blue Lines Invest Suggestion: 20 Percent Profit Expectations: 10 - 50 Percent Looking at the chart of ADA , we could see all indicators pointing to reversal tendency ( like the pivot extension strategy)! Also, RSI is in the oversold zone ( couldn't plot it because of the limit of 5 indicators per chart)! All the chart below the 1D ( 4H, 2H, 1H, 30M, 15M and 5M ) have 90% of indicators pointing to buy while the charts above it(1W 1Month) and itself have most of indicators point to sell, thats confirme my teory of reversal tendency! ADA has a great chance of been listed on COINBASE, if happens, expect at least 50% profit here on Binance!! Guys and Girls, this is a risky trade due to BTC volatility, so, if hit the SL, SELL IT ! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
Long
by CGCryptoTrader
3
ADA might have another leg lower before ROCKET! Cardano has been in a brutal downtrend with the rest of the altcoin market We continue to find resistance at S/R flip zones on every bounce and are currently forming a bearflag with decreasing volume on this move up We could see a small bounce here up to the EMA before a break below the channel and test the long-term support OB That would be the ideal area to play a long position If we do get a break above the channel, the supply zone above will most likely stop ADA in its tracks Thanks guys!
by CM_Trades
Cardano, opportunity of a lifetimeIf you're a fan of Cardano ( like I am ), then this is a very exciting moment because we're going to witness 1 of the strongest altcoins to bottom out in this or next month. I actually started accumulating since below 900 Sats and will do all the way down to 500 Sats which I strongly believe is Cardano's bottom. As Ethereum showed a lot of scaling problems in the past and is struggling to upgrade its technology. But it's much easier to build from the ground up than to upgrade an obsoleted system and we all know that. That's why I strongly believe that Cardano will overtake Ethereum in the future. Cardano is at 3 cents now. Its ATH is at around 1.2$ which is 40x gain if Cardano rises to the ATH again and I have completely no doubt that it will be 1$ again (and even more). So, no finance advise, but if you seek to invest in something legit, Cardano should be in your list.
by justacryptotrader123