ADA CARDANO LONGS 📉📉📉📉 Expecting bullish price action on ADA CARDANO as price is rejecting an important area of support at 0.80000 psychological barrier, we can see a nice failure swing low or a failure of the bears to push price below the previous lows, for me this means the bears are exhausted and bulls can take control in this area. It is important to understand that this entry is kind of a risky because we are going against the h4 strucutre that is bearish, a more conservative entry would be if price moves above last high (BOS area) retraces back and shoots to the moon 1.5000
BITCOIN is rising we are in a RISK ON MARKET SENTIMENT !! Everything is alligned even fear/greed index that is in extreme fear meaning we should look for buying opportunity.
What do you think ? Comment below..
Cardanobuy
CARDANO BULLISH?Cardano pullback at strong support. Make reversal, above EMA 20, EMA 50 TF Daily. Also break Resistant Area around 1.454 -1.500
Target price around 2.325 at Area Fibonacci 0.618 also Resistance Area with Stop Loss at Support Area 0.986 - 1.062
Looks previous idea here:
note: only take position after confirmation and do your own research before trading.
CARDANO ALMOST ON THE LAST SUPPORT AREA.Cardano almost on the last support area.
Price around 0.986 - 1.062
Price previously reversal there, just wait and see before take position because for now still too risky.
Wait for confirmation before take any position.
note: only take position after confirmation and do your own research before trading.
CARDANO IS BULLISH UNLIKE THE MARKETGreeting from IRAN to whole trading community 💙
CARDANO is moving through an ascending channel and , While most of the market was struggling with bearish attack ADA has achieved to made a new ATH yesterday (13th April)
After that a new retracement move has started
There would be 2 possible spot for reversal this retracement move
First support would be mid-line of the channel and if this zone lost the next support would be 1.7$ support zone
Note that market is shifting to the green coins like ADA and these green coins would be profitable in shot-term
KEEP IT SIMPLE :)
CARDANO : Straight to the ATH?!Greeting from IRAN to whole trading community
Straight to the point ==> ADA just has broken its major resistance "1.35"
CARDANO would achieve to higher levels and attack to its ATH
So let see how strong "THE BULLS" are?
OP : 1.36$
TP1 : 1.54$
SL : 1.29$
KEEP IT SIMPLE :)
CARDANO IS ON THE WAY TO THE NEXT LEVELGreeting from IRAN to whole trading community
Cardano is about to breakout its major level 1.15$
If Cardano could breakout this level , price will rise to the next major level 1.35$
Note that fundamental news and speeches could affect whole market , So take care of yourself specially if you are a future trader
OP : 1.17 $
TP : 1.33 $
SL : 1.1 $
Good luck and
KEEP IT SIMPLE :)
Is cardano able to reach 2$!!??
Greeting from IRAN and happy 2 Trillion dollars cryptocurrency MARKETCAP
Thank you all for helping me become the hottest post about Cardano in tradingview ❤❤
As i mentioned before Cardano was far away from market growth but at last the time has come for Cardano
Cardano breakout 2 strong key level (1.34$ and 1.48$) yesterday
The bullish momentum is very strong and higher targets are avaliable
I draw a possible movement which we would have a smooth pullback to the broken ATH and then next targets would be avaliable but in some cases which we had strong bullish move , pullback won't happen
Let see how much power is behind Cardano
Don't forget to save some of your profit because we haven't any price record from here
Next Stop : 1.6$
And as always
KEEP IT SIMPLE :)
THE TIME FOR CARDANO ABOUT TO COME!!!Greeting from IRAN to all traders and investors ✔❤
Cardano achieved a new ATH in early 2021
After that it tried to reach it but price went down as soon as touched its ATH
Price dropped down to the 1$ and after that it started its uptrend toward first major resistance 1.34$
Price attacked to this resistance level triple times and all was unsuccessful and this level reflected the price downward
The forth attack to the 1.34$ resistance level would make a breakout for Cardano but we should wait for the strong bullish movements for approval
Major support is 1.15 $ Major resistance is 1.34$ and price is got stuck between these two levels
The resistance is more likely to breakout but we should wait
This post will update ...
KEEP IT SIMPLE :)
Cardano head to the ATH!!!Cardano achieved a new ATH in early 2021
After that it tried to reach it but price went down as soon as touched its ATH
We know that Cardano is far away from market recent growth and its seems the time has come for Cardano
Price is moving in an uptrend toward its targets
TP1 : 1.34$
TP2 : 1.47
ADA currently in Buy Zone 1 for nice swings back to ATHADA currently in Buy Zone 1 for nice swings back to ATH. Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
ADABTC formed bullish BAT | Upto 19% profit possibilityPriceline of Cardano / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
We have 50 simple moving average and 100 SMA supports within this PRZ area and both Moving averages are expected to form a golden cross soon.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.618 to 0.886 of X to A Fibonacci projection:
Buy between: 0.00000472 to 0.00000439
Sell between: 0.00000480 to 0.00000524
Enjoy your profits and regards,
Atif Akbar (moon333)
ADAUSD forming a bullish Crab | A good long opportunityPriceline of Cardano / Bitcoin cryptocurrency has formed a bullish Crab pattern and it will be entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets
Buy between: 0.00000482 to 0.00000469
Sell between: 0.00000492 to 0.00000517
Enjoy your profits and regards,
Atif Akbar (moon333)
ADAUSD formed bullish BAT | A good long opportunityPriceline of Cardano / US Dollar has formed a bullish BAT and entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.04359920 to 0.04331920
Sell between: 0.04426687 to 0.04526911
Regards,
Atif Akbar (moon333)
ADABTC has hit the support of wedge and entered in PRZ of SharkPriceline of Cardano / Bitcoin cryptocurrency is moving within wedge and has hit the support.
After hitting the support MACD is turned weak bearish from strong bearish and Stochastic has given bull cross.
The price action has also formed a bearish Shark pattern and entered in potential reversal zone.
I have defined targets using Fibonacci sequence.
Buy between: 0.00000466 to 0.00000453
Sell between: 0.00000516 to 0.00000530
Regards,
Atif Akbar (moon333)
CARDANO: MARKET RECOVERY & TESTNET RELEASE - PROFIT = 18.62% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 18.62% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 5: IELE, a virtual machine with a universal language framework for translating and executing smart contracts, is in development to be deployed on the Cardano blockchain.
April 7: Cardano notifies of it's intention to launch beta test of Cardano for Linux.
April 8: Cardano is added to Coinswitch (a crypto-to-crypto exchange aggregator and users can compare prices of ADA and 300+ other coins across their partner exchanges - including KuCoin, Bittrex, Cryptopia, Changelly, Shapeshift etc.)
April 13: The first audit was carried out by FP -0.67% 0.32% Complete in conjunction with Cardano Foundation on the Cardano cryptocurrency.
April 17: Cardano is added to Binance cryptocurrency exchange.
April 27: Ouroboros Genesis, the latest version of Ouroboros, the algorithm powering Cardano. his feature matches the security guarantees of proof-of-work protocols that was previously thought to not be feasible.
April 28: Cardano is expected to launch 2 test nets in the near future: Yella test net (Cardano’s IELE Virtual Machine) and K-EVM ( Ethereum 0.71% Virtual Machine) with release dates to be identified soon.
(NEW) May 7: Cardano releases formal specification for a wallet.
(NEW) May 9: EMURGO announces Ada token acceptance on Metaps Plus which is one of the largest mobile payment platform in South Korea. This is the first Asian cryptocurrency integration into mobile payment platform
(NEW) May 19: The Chinese government has produced the first ratings table ranking cryptocurrencies with Cardano ranked at number 7.
(NEW) May 23: Cryptopia (New Zealand Cryptocurrency Exchange) lists Cardano.
(NEW) May 29: Cardano (ADA) launches Smart Contract Testnet (KEVM smart contracts testnet). Developers will be able to take any application that runs on the EVM and execute it on the KEVM - This is a necessary step towards the promise of third-generation blockchains.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
Breakout of bear channel for Cardano (ADABTC): 4hr tf analysisMy previous post on Cardano (ADABTC) mentioning its change from a bull to a bear channel can be found here:
Cardano (ADABTC) instead of moving to reach the bottom of the bearish channel at ~0.00002514 is holding around the region of previous support (dotted blue lines) that was the support for Cardano (ADABTC) from a couple of weeks ago.
A price break out of the bearish channel on May 16, 2018 implies a potential upside for Cardano (ADABTC). However based on the current sidetrending price action that saw Cardano (ADABTC) close below its breakout of the bearish channel, it is better to be patient to see how price action further transpires before attempting a bullish trade. The ADX as shown in this analysis has a negative slope further confirming the trendless scenario of price action for Cardano (ADABTC).
The point of entry i.e. POE 1 and POE 2 from last week’s post as still favored in this analysis as good entry points for a long (buy) position for Cardano (ADABTC). POE 2 is a more conservative point of entry into a long (buy) position than POE 1. Either point of entry ensures that one is to attempting to pick a price bottom in Cardano (ADABTC) which can be a tougher challenge.
Support indicated by the horizontal green lines from last week’s post still stand and is expected to offer support should Cardano (ADABTC) resume a bearish swing.
ADABTC (Cardano) price channel: 4hr tf analysisThe recent bullish action in Cardano (ADABTC) from ~0.00002389 on March 21, 2018 till present date is captured in this analysis using a price channel. Price move upwards thus appears limited as shown by the upward red arrow as the upper target of the channel is ~ 0.00004324.
Any consideration of a long position (i.e. buy) would require patience for Cardano (ADABTC) to successfully test the bottom of its channel which in this case is ~0.00003617.
A slight break below the channel should meet with Support 1 (i.e. between 0.00003547 and 0.00003380) or Support 2 (i.e. 0.00003088 and 0.00002953) as shown in the chart. A break below support 2 could result in price of Cardano (ADABTC) further declining.
Alternatively, a breakout above the upper line of the channel followed by a consolidation in price = more upside momentum for Cardano (ADABTC).