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Cardanobtc

ADA going UPLooking at ADA it looks like it may have finally reached the bottom of the support line again to form a double bottom. It quickly jumped up as soon as it hit this target. I believe we will see ADA continue to rise up from here and test the .00004750 range. We may have found a narrow trading range and bounce around between the support and resistance for a while. If it were to break the support level it could drop to around the .00003000 mark, however on the other hand if we see a break above the current resistance level we could see it rise to around .00005730.
Long
by dustyPH
ADA - what a stupid bloody name, baby name. Baby growing up 200%ADA, well well well. huge coin that had massive hype towards the start of the year. The general concensus is that this coin is great, has amazing developers and a very very very well thought out and jam packed roadmap. Lots of positive vibes around the coin, but also do take in mind that they don't really have a lot to offer right now other than a mainnet and wallet. They are trying to compete with ethereum as a platform for smart contracts and dApps, in a market that is already filled with competition, there's no guarantees that this coin will succeed, however the roadmap on cardano looks very promising. Short term - neutral to bearish. Bitcoin looks like its not finished with correcting yet, cryptocurrencies have largely fallen off the normie radar and are taking a break (quick search on google trend trends.google.com) shows that normie interesting is starting to cool off, in preparation for the next bullrun. long term - bullish Buy zone: 2 zones - 0.618 fib retracement: 0.00003690 - 0.00004190 - 0.718 fib retracement: 0.00002286 - 0.00002748 Sell zone: Only 2 in mind. I like mid term targets and dont worry about short term goals. 1) 0.00012000 - 0.00012500 2) 0.00017000 - 0.00017500 Me? I'm going to hold onto this for many years to come :) Fundamentals: ADA just has regular roadmap updates, They don't really offer timeframes as to when they complete stages in their development, but the closest one thus far looks to be the Ouroboros Staking protocol, which would allow ada holders to stake their coins. This would be massive progress for the coin in general and would serve to be a reasonable catalyst to catapult this coin up to the 1st target for 200% profits. Technicals: ADA has just completed its 1st 5 waves up of a supercycle up and is in a corrective phase right now. Currently riding between the 0.618 to 0.5 retracement levels right now. ADA looks to be forming a 5-3-5 zig zag corrective pattern and in the C wave thereis almost alway 5 subwaves within that. Something i notice about cryptocurrencies is that they do like their extended 5th waves which leads to me to believe that ADA may not be finished correcting yet and may see the 0.718 retracement region which is why I've provided 2 buy zones. RSI on the daily is approaching the bearish zone of 30 and MACD looks to be curling up ever so slightly. This shows the that ADA is close to finishing its correction but that's definitely not to say that its out of the woods, because it most definitely isn't, there is still room to correct, but the room to correct is running out of space as we speak. Using a conservative Fib Extension we target a little more than a 1-1 extension for the 1st target, because Elliot wave theory states that the 3rd wave is often the longest but never the shortest and 2nd target is derived from the final elliot wave targeting just a little above the 1.618 region on fib extension. I'm still learning TA, any advice on improving my analysis would be GREATLY appreciated. I welcome any criticisms and feedback. So go ahead and grill me :)
Short
by EnZo
3
CARDANO, Great Buy Opportunity for #ADABTC, just catch it now!!Technical analysis: CARDANO is in Range bound but Resumption of uptrend is expected. In Daily chart , A hammer candlestick pattern is formed which is the first sign of the beginning a Bullish Trend . The price touched the strong downtrend line in Daily Chart . It is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 44 and above a RSI support level . Trading suggestion: Price is in the support zone (0.0000477 to 0.0000385), traders can set orders based on Price Action and expect to reach short-term targets. .Beginning of entry zone (0.0000477) .Ending of entry zone (0.0000385) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!) Take profits: TP1= @ 0.0000594 (First Target) TP2= @ 0.0000689 (second Target) TP3= @ 0.0000918 (Third Target) TP4= Free (Fourth Target)
Long
by ForecastCity
3
CARDANO ADA BTC PRICE ANALYSYSCardano is a strong crypto coin with strong community team right now market is red and bearish but cardano is at strong support of fibbo from here it can bounce back chances are high, right now the price is 4500 sats try to accumulate between 4200-4500 sat there is roadmap update coming on 05 February we can expect a good short term returns from this coin targets Short Term 1....6300 sats 2...6800 sats target for Long term (1-3Months) 1...7400 sats 2...9000 sats 3...12000sats(must be sold at this point in long term Because after uptrend definitely there's going to be downtrend can retrace back to 5000 sats after this point reached) Good Luck Stay Bless.
by Sunny_Sharma
ADA/BTC Current fake breakout and big plans ahead! (0,00015?)Hey, as you can see I think this CARDANO breakout is fake, since the MACD/RSI aren't looking quite ready to pop out, and not to mention we're still in wave 4 if my counting is correct, if you bought this breakout I'd suggest selling and rebuying in a bit lower or just holding for a bit while wave 5 picks and get's us rich as fuccc boiiiiiiii. So I'm definetely short on this current breakout, but long for the not so far off future of Cardano. Make sure you take profits at the top, don't get cuck'd. Anyway, I hope this helps and let me know if I messed something up since I'm quite new.
Long
by ChovekaZavur
ADABTC: Short TargetLast time I predicted ADA, my market price had a success. Now the price of Cardano was subject to some negative correlations along with lots of the crypto market given regulatory news. I still believe that Cardano is going to be a long HODL past this year and that a short burst should make it reach the 70 cent milestone again too. The $0.70 milestone is likely to be reached within 10 days and this is what I believe to be an extremely conservative and low risk estimate. Cardano set them up to be all about decentralization and decentralized applications and they have the potential to grow substantially given their status.
Short
by gamer456148
ADA/BTC Showing Short Trade Signs 15% - 150% ROI AfootHello, Trading View, Allot of these trades are going according to plan. The market is putting on the breaks because of the south korea rumors to ban crypto currency. Plus there is a large amount of trading platforms whom closed registration today due to the lack of customer service available. So now would be the time to buy in for the coddle coins. Follow and PM me if you want to join our private trading group for, an additional 2-3 updated daily trades. Plus the higher ROI trades. Only $35/mo. Thanks, StopLoss123
Short
by StopLoss123
2
LONG Cardano, long-term Buy opportunity for ADABTC. Hunt it!Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.00004887 to 0.00003881), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Take Profit: TP1= @ 0.0000635 TP2= @ 0.0000915 TP3= @ Free Technical analysis: .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. . Relative strength index ( RSI ) is 53. .Current short-term is range bound, but beginning of uptrend is expected.
Long
by ForecastCity