Cardano Uptrend or downtrend (Long)Cardano reaches new heights in a short time.
There are 2 types of progress, negative, positive. The positive approach can lead to a new price rate, whereas a negative approach provokes a fall in the price value.
I hold a long position in Cardano, given that Cardano may be unstable, whereas the crypto is credible and organized, it carries qualities in its ecosystem, with a sharpened market value of 45 billion.
Cardanobtc
ADA explosion comingIf you are not in this baby...madness. In few days cardano is going to explode and reach 4.1 at least. it has succesfully break out the ATH and has held amazingly well above it. Now the 50 VWMA is approaching the prize to create support and also extreme volatility. ADA also painted a pennant which is slowly reaching an end. The target was taken by measuring the pole of the pennant and also depth of the cup. also the last time the stoch rsi on the daily was this oversold was at the bottom of this last correction. The BB bands are narrowing, squeezing the price forecasting high volatility in the short term. The volume increased on the ATH break out to then dry up while creating the pattern, this suggest a profit taking for the last 2 weeks. Now ADA is ready to push. Be ready guys is gonna be a fun ride.
This is a follow up from the previous post on ADA.
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$Gevo Return All-Time-High.Gevo has recently not reached a new height, and it has now taken hold, seriously. Gevo appears to be increasing in just a few days-weeks. I am long on Gevo because it represents green key figures and its assets are significant market leaders, as well as Gevo has a unique competitiveness. Good luck, buy something Cardano and Gevo!
CARDANO - HOW TO TRADE ADA SUCCESSFULLY?Hey, Alkalites! Check this long-term scenario! As you can see here, we have seen Cardano growing non-stop for the last few weeks following a very obvious pattern. Also, retail momentum indicators were starting to show weakness above the $3 psychological level.
RSI Divergences were used as profit-taking events, which could have caused the breakout seen. This scenario may cause whales to appear and redistribute wealth again. We expect Cardano to rise above the $3 psychological level soon, just to gather some liquidity from short-sellers and triggering some late Take Profits. This should cause another movement to the downside.
We will keep an eye on Cardano to try to find the most accurate entry for our bearish bias, as long as volume and market conditions remain the same.
Let me know your thoughts below!
Cardano Rising Term.Cardano is a long and growing purchase that we have all benefited from so far. Cardano manages to fall once in a while, but a trend is constructed on negativity so that it can rise and reach new heights, such as the analysis.
I expect Cardano to reach heights between $ 8-10 before the end of the year. Good luck out there!
ADA Another Leg UP!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Structure
Ada is in a bulling ascending triangle, and with this structure it typically breaks to the upside about 70% of the time.
RSI
We can see we are breaking out higher level of the rsi price, so this can have the price of cardano move upward.
Price Discovery can create strong fomo, however please be careful we are getting a bit overextending so I would not use any leverage and I would be looking to take profit soon maybe around the 3.60 -3.80 mark!
CARDANO - PREPARE THE TRIGGERS❗️How’s it going Alkalites? We have prepared this manipulation set-up on Cardano!
As you can see, after the big pump, there is an imbalance that needs to be filled, just like with Dogecoin. However, Cardano was slightly undervalued against Dogecoin, that’s why we think that lured sellers have not been liquidated yet.
If the overall market volume follows our projection and FOMO doesn’t attack again, we could see this imbalance being filled sooner or later. We will try to place shorts near the lured SLs if whales prepare a liquidation event.
Also, our main intention sharing this chart is to show you where big chunks of orders should be waiting. It would be interesting to consider purchases near the FOMO OB after the imbalance gets filled (being manipulated or not). We think that Cardano needs to gather some liquidity below the $3 psychological level to start climbing up again.
Do you have questions about this analysis? Let me know!
Cardano' two breaking optionsCardano has recently been sideways in the market, and I just expect that soon, another breakout is accelerating.
This upcoming breakout, appraise the crypto to the price level: 3.00-3.40.
I hold a long position as the crypto market cap is barely acquired 33%. Let's hope for the best!
ADA CARDANO- 1,2,3 Ready for THREE 💙🔷🧿Let's go ADA,
You always keep us waiting but then you deliver before we fall asleep (or when we almost fall asleep)
“ Is ADA likely to hit $3.00? The answer to that question likely is just if Bitcoin stays above the 20-week , it lies with that answer. If Bitcoin is able to stay above the 20-week for just… a day or two, definitely the next few weeks it seems very likely that ADA is going to blast through the $3.00 milestone. I ultimately do see ADA trending much higher than $3.00 this market cycle but we do have to take it one milestone at a time…
Remember, doesn’t even have to hang out at these levels for very long. As long as it just doesn’t go parabolic and as long as it doesn’t go back down below the 20-week moving average, there is a high probability that ADA will cross the $3 milestone relatively soon.”
The analyst says that despite ADA’s parabolic run in recent weeks, it doesn’t necessarily need a pullback before continuing to rally. According to Cowen, $3.00 and $4.00 are still possible in the coming days or weeks even if Bitcoin and the rest of the crypto markets remain stagnant. However, he concedes that for Cardano to run any further than his two price targets, Bitcoin would likely have to give ADA a boost by reaching new highs.
“Does it need to pull back now? Hell no, it doesn’t. $3.00, I think $3.00 is certainly possible as long as Bitcoin holds these levels. Even $4.00 is possible I think, as long as Bitcoin holds these levels. To go much further beyond that, I do believe that Bitcoin would need to probably put in all-time highs, but at this point, I think that a $3.00 ADA is possible, even a $4.00 ADA is possible at this rate, especially if our contention is that it can stay strong for the next two and half weeks.”
Benjamin tends to agree.
Let's go ADA
the FXPROFESSOR
ADA: falling wedge within a bull flag (break out imminent) Hi Traders,
We are looking at the 1 hour chart of ADA/USDT.
As we can see, a falling wedge has formed, which could be seen as a bullish signal.
Furthermore, the falling wedge has formed within a bull flag.
Mac-D: has crossed, currently around 0, which seems to be a bullish signal.
Fundamentals
Smart contracts (alonzo) possible on the Cardano blockchain (starting from 12 september), which currently only runs on testnet.
Cardano Marketcap: 91,99BN
Ethereum marketcap: 403BN
M1 is limited (?)
Have a good one.
🔷 ADA CARDANO - 3$ Still Far Nonmatter how Close!The 3$ mark has come close but has never been touched and the price seems to be consolidating below it (now at 2.85$)
The Alonso upgrade is incoming and given that things go well Cardano should be able to reach and exceed to 3$ but we ought to be carefull if the price drops below the support area at 2,75$. Hopefully a correction to 2,5$ or below will not be necessary.
Cardano remains one of the Top picks and we await to see if Bitcoin will help bring us to 3$ and above.
All this while both Ether and Cardano continue to dominate inflows to institutional crypto investment products, while demand for BTC weakens.
Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin (BTC).
One Love,
the FXPROFESSOR
ADA parallel channel or Cup & Handle#ADABTC
ADA is trading inside an ascending parallel channel, also price broke out a long term resistance zone.
In my view price will touch the upper line of parallel channel, then turn back to confirm the resistance zone as support.
after that we will see a great bull run that will increase the price 50% or even 120% .
XTZUSDT (Tezos) : TP1 Reached ✅ 🚀+30% ✅ 🚀Last Analysis in 21.Aug.2021 : Let's buy Some #XTZUSDT (Tezos) , Shall We ?? Great Move Starts From Yesterday ... After The break we can add some more ...
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
Now : TP1 Reached ✅ 🚀+30% ✅ 🚀
Let's go for the Second Target ...
💎ADA CARDANO - Japan, Here we Come! 🗾💹Price has failed to reach the 3$ mark (came close by 5 cents but no touch and no cigar).
Will this happen sometime today or tomorrow? Maybe
Will the price rise to higher levels now or a but later? Hopefully now
Will the price dip under support? Hoefully not, it depends also on what Bitcoin will do.
Fundamentally, tomorrow is a HUGE day for ADA CARDANO. On August 25, people from Japan will be able to buy $ADA on the stock exchange. Decentralization and security of #Cardano will be increased.
On top of that, Smart contracts are being launched soon..
So, let's go Higher Now ADA!!
One Love,
the FXPROFESSOR 💠
Demand Zone Lower On ADAWill this be the final long before the drop?
I see ADA dropping to previous demand imbalance around 2.2/2.1/2.0 by this time next week.
I then expect a strong buy movement coming in and breaking the highs, fakeout the highs and then dump again.
Also a clear divergence between price and vol. For those that knows my posts will know this divergence.
Summary: Drop to 2.1, rally to 2.6
CARDANO - AGAIN???? 🤭o m g !!!
CARDANO is rising again, exploding towards the North Pole and leaving everyone behind.
For #Cardano peeps who just want the essential dates
Major listing for ADA in Japan:
25 August
Smart Contract Upgrade:
12 September
Cardano Summit 2021:
25 September
Going to be an eventful few weeks and months ahead, Cardano seems destined for MORE~
One Love,
the FXPROFESSOR