ADA/USD MAJOR UPWARDS PRICE DIRECTION ADA/USD made a upwards breakout and tested the trendline. I think it will go upward from here. I think even it will break out to his RESISTANCE @3.0000 and will make a new high !
If you also look at the 144 wma it bounced off nicely ! And stoch it was recently oversold ! I think its a great chance to buy , but thats my opinion :D (i am not an financial advisor)
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Cardanolong
ADA Falling Wedge Breakout!ADA has made a falling wedge and a bullish divergence with the RSI and HVN on the 4 hr time frame. I'm expecting a nice pop over the weekend while BTC goes sideways or slightly up. Then, if BTC has a final shakeout to around 38300, that could cause ADA to backtest the upper trendline of the falling wedge as support.
$ADA CardanoLooks like Cardano is making beating at $2.38 trying to spill over the 50EMA. I think once we clear that the next few days should be all profit up to about $2.50. This should all materialize on being its the eve of the Cardano Summit.
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THIS IS NOT FINANCIAL ADVICE!!! PLEASE DO YOUR OWN RESEARCH.
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ADAUSD We Have A Massive Bull FlagDisclaimer: I am in the process of learning technical analysis and please feel free to point out flaws that I have with my chart. This is based on my personal observation and is not financial advice. Thank you so much for reading this.
I just found something very interesting while looking at the daily chart of Cardano - A massive massive bull flag. This will take times to play as I am not here to swing or day trade my asset. A short-term TA of Cardano might not look great and I know many of us are being discouraged at the moment. Thus, I would like to put out this chart to give everyone a zoom-out picture of Cardano. Please note that since Alonzo hard fork happened on September 12th 2021, we have a total of 2,334 smart contracts being deployed on Cardano blockchain. Hodl on to your ADA, we have a very bright future ahead.
Thank you and happy trading!
Cardano return to new-high.Cardano, is at a low level but with strong intentions towards a new top. Cardano is estimated to hit a solid price after an upcoming period of uptrend. I believe in the best and I hope you keep your positions at home!
Bullish Cardano with IchimokuCardano is bullish by Ichimoku confirmations
-price is above Tenkan Sen, Kijun Sen, SSA and SSB, meaning bullish market sentiment in short, mid and longterm.
-Tenkan Sen, Kijun Sen and SSA are up, meaning bullish trend in short, mid and short to midterm.
-Chiko Span is above the candles, meaning bullish market momentum.
-Kumo has thickness, that is great for better stability
Price is moving in an ascending triangle and has ben trying to break to the upside. But unfortunately there is a very important resistance zone that is keeping it from it. Price has been bouncing on the Tenkan Sen.
If price breaks the ascending triangle the upside target would be 3.40 Dollar, wich is also the 1.68 fib extension level. The downside target would be 2.40 Dollar.
Let's see if it breaks the triangle!
ADA/USD ENTRY LEVELS LONGJust check volume and be careful. The graph is really steep, but ATH has been broken.
Cardano Bullish PrognoseCardano's competitiveness is currently rising.
Buyers are confident that cardano is the strongest generation of the crypto market.
Cardano is purchased for $ 15-16 before Christmas.
The uptrend remains prosperous.
ADA Bull Pennant 4hADA is forming a bull pennant on the 4h timeframe. The technical breakout target coincides with the 1.272 fib level at 2.87, which I would imagine would be the next resistance.
Cardano Update 22/08/21: $2.45 Target 🎯10% Gain to $2.85Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :)
Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :)
Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
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.
Overall very bullish outlook on ADAD with a long-term price target of $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
CARDANO / BITCOINADA / BTC breaking those May highs.
When former highs were broken the last time around, ADA skyrocketed, dare I say to the moon.
What will happen this time?
Not investment advice. This is only for educational and entertainment purposes. Please refer to your investment advisor before doing anything. I am neither a registered investment advisor nor a research analyst.
Cardano ada (at the top)Cardano turned out to be best trade ofnthe week
From 1.88 to 2.4
(Trailed 1.99 and still going on with trade, Will be trailing directly to 2.3 now)
At the current stage 2.4-2.35
This range should be consolidate and make a structure or a build up for further move
Fresh opening to be avoided
ADA Blush Reversal or Head & ShouldersSince we've had this pullback we've reached a important resistance moving forward. As you can see if we fall below this resistance we may end up creating a Head & Shoulder pattern which we've seen many of times where we consolidate after then get bullish.
Or we could hit this resistance creating Double Bottom which usually follows up with a nice Uptrend. Excited too see how this plays out, come beginning of September were going to be going for $3.
A Bullish Outlook for ADAComing off an impressive pump this past week, due to positive sentiment after the smart contract announcement coming in September, ADA is ready to begin price discovery mode.
In our last analysis we broke the falling wedge pattern that had formed and have hit our $2.02 target (marked by the golden dashed line) and managed to go beyond this point before we saw any sort of pull back. Funny enough you can see the pull back was to our target level from the wedge breakout.
Now all that remains for ADA is the all time high closing price at around $2.30. With the weekly RSI sitting within the neutral area and the MACD approaching a buy signal we look to the fibonacci retracement levels for our macro price targets.
1.272 - $3.19
1.414 - $3.65
1.618 - $4.44
2.272 - $8.29
Good luck and happy trading!
Disclaimer: Not financial advice just merely an idea.
Cardano All-time-high prognoseCardano long overview.
The crypto now surpasses most currencies on the market and I have grateful. Over the last 2 days, cardano has been strikingly fundamental and analytical on the scale.
I have therefore updated my analysis innovations, and established a long-term insight into cardano, as a daily chart. Thanks!
Cardano uptrend.Cardano records a positive trend line, which we will follow with big eyes.
I hope everyone has benefited from the intensive level change of cardano. Thanks!
Cardano range-bound breakout.In this analysis I have a neutral perspective, for the 2 breakouts, however, I hold a 'long' position.
Cardano is in a sideways state, it breaks out highly likely, in a short time, while continuing a rotation or an extension - for whatever "breakout, breakdown" it performs.
ADA ready for a BreakoutBreaking away from the previous wedge we may see a pullback retest, do a Touch & Go off of the resistance then test out $1.70+ resistance. From there we'll see a slight pullback before continuing on a nice Bull run.
If we do fall below this resistance we may see a Consolidation Phase moving through the weekend into the weekend.
With Smart Contracts coming up, I believe the market is fixing to get very Bullish.
ADA's Target if Falling Wedge is BrokenIf ADA is able to successfully break the falling wedge resistance we're looking at a huge target at approximately $2.02.
There will definitely be resistance along the way, so I've drawn out the potential scenarios and resistance lines that could impact the price action on the way up.
Cardano (ADA) Multi time frame analysis, Crypto Trading Idea #4Purple Zones = Monthly SNR
Red Zones = Weekly SNR
Orange Zones = Daily SNR
Yellow Zones = 4 Hour SNR
Blue Lines = 1 Hour SNR
Cardano (ADA) close above Daily Support and it is on Monthly support zone too and can go up from this level but this depend on fundamental analysis about Cardano too. I also draw SNRs on 4 hour and 1 hour chart that can be easily follow the new uptrend
If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
BUY AREA CARDANO (ADA) - ASCENDING TRIANGLE PATTERNBUY AREA CARDANO (ADA) - ASCENDING TRIANGLE PATTERN
CARDANO/ADA ViewOn the weekly ADA can be seen to be briefly touching the 2.618 fib, a level it has overcome but has dipped back down to retest
On the Monthly a Bullflag can be distinguished from the low volatility in the past weeks, which is also a good sign for the bulls
Personal bias is neutral on ADA, but this does look very bullish
Above is a chart showing the tight trading range that has been established in the past weeks
