Cardanobtc
Cardano diving into the 2nd part of a Cup & handle? (+600% pot.)I previously posted about the downtrend of Cardano and how & when it would end. The downtrend remained intact (& we know we shouldn’t fight the trend, but wait until there’s a confirmed reversal). Here’s the graph back then:
The graph now shows how that downtrend has continued to persist, yet given the likely soon upward curving of the MACD (as you can see quite clearly in the MACD ("1") under the graph, this might bode well for entering the second half of a cup & handle figure. Granted, there might be a bit too much volume to speak of a cup & handle, but I wanted to let the bulls in your head dream a little ;-)
RSI confirms a somewhat more bullish stance in "2" as it is about to get out of the oversold area in turning more inclined to a bull trend. You can clearly see that Cardano at its “ATH” , had the RSI in the exact opposite area, just as with the MACD by the way.
This makes it at least relevant enough to propose it as a possible scenario that Cardano could be going for! ;-)
PS: I previously suggested a similar formation for ICX:
Conclusion: if this were to pan out as a cup & handle figure, there lies huge potential in the future price movement for Cardano.
The current retracement implies a potential target of +600% to over 14000 sat.
PS1: This is ONE of several possible scenarios - I'm just sharing it so we can include it in the ideas list!
PS2: This is not investment advice, DYOR.
ada buy and sell strategy must see (cardano ada price analysis)hi guys
after raising from 1900sat-2200sat now its forming bearish candle on ada chart it may dump little bit to 2000 sat again ,at 2000 sat there is support so buy at support sell at resistance 2200Sat
strategy :
buy 2000 sat
sell 2200 sat
again rebuy after breakout 2200 sat one candle need to close above 2200 sat
for now its gonna sump to 2000 sat buy there and sell at 2200 sat (swing trade)
ADABTC Bittrex 4H up to 23MAR18 Trading Analysis (TA)ADABTC Bittrex 4H up to 23MAR18
4H Chart, also works in 1H, at this time the Ada (ADA) is on its way to test the SUPPORT ZONE 2 to then move up to retest the RESISTANCE ZONE 1, keep in mind that these movements most of the time reflect the BTC movements. Even though the RSI and MACD are pointing down at the time of this TA, they can reverse in any time if the Volume grows and then start a new up trend. Good Luck!
4H Chart, también funciona en 1H, en este momento el Ada (ADA) está en camino de probar la ZONA DE APOYO 2 para luego subir para volver a probar la ZONA DE RESISTENCIA 1, tenga en cuenta que estos movimientos la mayoría del tiempo reflejan los movimientos del BTC. Aunque el RSI y el MACD apuntan hacia abajo en el momento de este TA, pueden revertir si el Volumen crece y comenzar una nueva tendencia ascendente. Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
What happened with Cardano CoinAs-Salaam-Alaikum
and Hello Everyone
=====================
What happened with Cardano Coin
Cardano Strong Bearish zone and Selling Pressure non Stop So finle buy zone in Chart and ...hold Bull Run Take Profit
This Time Cardano lower Vol still and Selling Pressure hard
and buy Pressure Very weak so Carefull and Watch Market
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and Bitcoin down From $11600 so all Altcoin down hope slow Recover Crypto market So good invest time :)
ADA/BTC - 3/13/2018Good Afternoon, Traders!
Cardano has been in a constant bearish trend since the start of 2018. Looking at the Bollinger bands, it can be seen that the bands have slowly come apart and seem to be moving slowly together indicating a chance for higher volatility in the near future. Along with this the small triangle indicates there will be a break from the price very soon.
The strong resistance level above the 78.6% fib retracement level was the most significant used level supporting the price from falling below, so it can be assumed that it will in turn into a strong resistance should the price break into the bullish direction.
The RSI indicator states that ADA has been extremely oversold for a little under a month. This could be seen as an opportunity to buy for some traders and see the price move in the bullish direction.
Important Resistance Levels: 3085, 3761
Important Support levels: 1274, 541
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Written by:
Hammad Fazlani
Research Analyst
ADABTC 2 x Butterfly completing at 1.618 ext Update to earlier 2 x butterfly pattern which looked as if it was going to complete at 1.272 ext, it did not and stopped me out. But Im back in the game and ready to take advantage of the next logical place for price to turn higher... that being the 1.618 extension!
Lets see how it goes... ill update once trade is live!
Alert:: important update on Cardano (ada-btc) hi friends
cardano going on downside and it continues moving in downtrend I'm on the day chart of cardano and I can see there is lack of volume on ada chart and candles are formimg below the 20 day Ema which indicates Downside moments ichimoku cloud is also red at the moment which indicates it will hang on downside for some more days, it hangs 5 days on that strong support of 2500 sats and the bears has broken that support yesterday so it went more down and I believe it will go more down because buyers are not interested to buy even at this price so the next dump target will be 1800-2000 sats which is a very strong support and buying Ada on that strong support will gives huge returns in feature cardano is a strong technology crypto currency and we can expect 400-500% returns from Ada for 4-6 months holding
Buying Zone 1800-2000 sats
Target 400%
holding time 4-6 months
good luck...!!!
Cardano is ready for big things!
Cardano BITTREX:ADABTC has suffered from a huge correction in price, and that's definitely a very good thing.
RSI shows that it is oversold and MACD lines are closer than ever, ready to show some bullish sign. We also have a falling wedge highlighted in yellow.
If everything goes how it should, be ready to open a position.
Very good coin at a very good price, guys
ADABTC: Opinion -> Looking bullishHi all,
I've been looking into cryptocurrencies for a while now. Recently i started commenting and monitoring cryptonews through Twitter and since today i felt like sharing my very own opinion about Cardano.
To be clear, i'm not here trying to shill anything, i'm just showing my opinion based on my own research (you should do yours as well).
To make a long story short, i think that ADA is looking quite bullish. You can see an obvious descending triangle, which is usual a bad thing. But ... in this specific case ADA will most likely bounce up (eventually).
I say this because of the upcoming Shelley release -> which is scheduled for Q2 according to the ADA updated road map. Until that time there are many other things happening around ADA, which you should definitely look into.
BUT... if the supportline breaks Cardano will continue to fall. Which is (in my opinion) very unlikely....
I would say that there's only a 2% chance because of the strong support and very good circumstances (based on the road map). If support breaks your should STOP LOSS.
Even though i strongly believe in IOHK, i do not have a crystal ball to predict the future. As many others said before: Do not invest what you can't loose + do your own research and trust your guts!!!
Feel free to share your opinion in the comments :-)
Cardano...There You Are--Must TakeWell here we are folks. I have been using ADA as my indicator of the entire market correction timeline (not BTC). Why, because of the technicals--they are clearer. And without a doubt ADA is a TOP contender in the crypto markets. I am going ultra long and will decide stop points and take profit areas. Indicators are indicating parabolic movement once sentiment shifts. The volume.
Anyways, this is educational and my opinion. What's that worth? lol
--longmoney
ADA hitting ROCK BOTTOM.Time to buy before FOMO kicks in.Hey guys,as i've seen quite a nice amount of positive feedback on my analysis,i've decided to share you my vision of ADA aswell.
After carefully positioning our Fibonacci Retracement at the exact extreme point of the graphic,i came to the conclusion that Cardano used the 236 as an almost perfect resistance,penetrated only by only 1 unexperienced ''crypto dude" that bought the FOMO and paniced.
If it happens to get under the price of 2512 sats with the full body of a candle,i would recommend you(no financial advice of course) to get out of this coin....but i highly doubt this will ever happen.
Long story short,we are still under the EMA's and the volume has increased quite significantly in the recent hours,which for me at least makes an amazing buying opportunity.
You got the graph,you got a quick description of it,if there's anything else you want to add/ask/correct,feel free to leave me a comment.
Best of luck!