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Cardanolong

CARDANO Trendline Breakout Long Trade to $1.50Cardano has been trading under an extended resistance trendline that has kept prices down. It has just formed a bullish RSI divergence on the 1H timeframe, suggesting that bearish momentum could be taking a pause. If price is able to break above the resistance trendline at 1.42, we can see a rally to the critical $1.50 level. The 1.50 is an important level for Cardano as it has served as support and resistance multiple times. Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Long
by cryptotraderog
1
ADA, Cardano - I won't do something before that....Price dropped more than 30% from the high. Now, it's no a good time to do something and I don't see an entry point. I'll try to buy in the 1,3 -1,4 area. Only with SL. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
14
CARDANO IS BULLISH UNLIKE THE MARKETGreeting from IRAN to whole trading community 💙 CARDANO is moving through an ascending channel and , While most of the market was struggling with bearish attack ADA has achieved to made a new ATH yesterday (13th April) After that a new retracement move has started There would be 2 possible spot for reversal this retracement move First support would be mid-line of the channel and if this zone lost the next support would be 1.7$ 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 :)
Long
by nima-mohammadkhani
17
Cardano Update 09/05/21: Next Stop $2 14% Gain Cardano Update 09/05/21: Next Stop $2 14% Gain from current price level. Cardano has been consolidating for the past 2 months in a small range between $0.95 and $1.48 and we have now finally broken the previous key resistance at the 61.80% Fibonacci level @ $1.49. ADA's move towards the upside began on the 26th April, Our Swing Call Script triggered a strong buy signal when the 13 EMA crossed above the 50 SMA (55% Gain from Buy Zone) and Cardano broke above the 200SMA signalling back bullish market sentiment as the Bulls have continued to push the price higher. Cardano has grown 55% since the 26th April from $1.03 to $1.82 over a 13 day period to a new ATH in this Bull cycle. Next Price Targets for Cardano: 🎯$2.36 🎯$2.92 🎯$4.94...we estimate this in 1 to 3 months from here at the 461.80% Fibonacci Level. Cardano Update (05/03/21) From Buy Zone 1 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. Notes: www.youtube.com Hoskinson knows about Africa’s potential, his positioned strategically. There is real wealth on the African continent just the current systems stagnate growth, only a matter of time until this is unlocked through the power of blockchain and decentralisation we are going to see huge changes in our lifetime! Super smart guy! With the integration of smart contracts, the Goguen era represents a big step forwards in capability for the Cardano network. Where the Shelley era decentralizes the core of the system, Goguen adds the ability to build decentralized applications (DApps) on Cardano's solid foundation of peer-reviewed research and high-assurance development. The work for Goguen has been under way in parallel with Shelley, and when complete will allow users from technical and non-technical backgrounds to create and execute functional smart contracts on the Cardano network. One of the goals for the Goguen era has been the creation of Plutus, a purpose-built smart contract development language and execution platform using the functional programming language Haskell. Plutus is already available for testing and brings the benefits of functional programming to smart contract creation. It also allows one code base to support both on and off-chain components, improving the coherency and usability of the development experience compared with existing smart contract implementations. The Goguen era also encompasses work to make Cardano accessible to wider audiences via Marlowe, allowing financial and business experts with no previous technical knowledge to create smart contracts.
Long
by CryptocurrencyMagnet
ADA CURRENT CLEAN TEHCNICAL ANALYSIS !looking at ADA here on the 1hr chart we can see Cleary on the HTF that price has respected the larger ascending channel and is still within bullish nature, however price has recently broken to the downside impulsively coming from a descending pennant. price made a strong rejection form the outer trend line on the daily and now were have price currently forming a possible flat flag. importantly this flag is placed at a significant fib area. there is a high probability that price may form a double bottom within this flag as shown in my forecast and price will have to from a confirmation making the fib level a new point of support to confirm a new push to the upside from this level, there is another possible outcome where price can make a double top within the flag and make a further push to the downside and even break the outer trend line confirming a new bearish trend. thank you for reading please always analyse from the higher time frames down!! please like and give me a follow as I am trying to grow my analysis to bring more clean price action analysis every week !
by akillizkb
1
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 :)
Long
by nima-mohammadkhani
19
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 :)
by nima-mohammadkhani
23
Cardano in a P WavwADA/USD aka Cardano stuck in a P wave know as well as a triangle formation. We've been observing massive movement up for the past months. Now stuck in a consolidation of a triangle formation. Taken the sentiment we should break out towards North and continue growth. For now Tenkan below Kijun, and lagging span trying to break through the price from before 26 days. Kumo acting as a big support. Are you actively trading Cardano or are you a long term investor or maybe sitting on a fence thinking whether to join the party?
KRAKEN:ADAUSDLong
by RafalZuchowicz