CARDANO (ADAUSDT/ADABTC) Long Scalp 2021/03/21Pair ADAUSDT
Direction Long
Entry $1.199190
SL $1.169160
TP1 $1.209701
TP2 $1.218710
TP3 $1.226217
TP4 $1.235226
Signal Rating 3/5
Cardanolong
Cardano bullishCardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Cardano was founded back in 2017, and the ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.
The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.
Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.
The live Cardano price today is $1,24 USD with a 24-hour trading volume of $9.543.999.443 USD. Cardano is down 4,65% in the last 24 hours. The current CoinMarketCap ranking is #4, with a live market cap of $39.587.339.055 USD. It has a circulating supply of 31.948.309.441 ADA coins and a max. supply of 45.000.000.000 ADA coins.
Cardano was founded by Charles Hoskinson, who was also one of the co-founders of the Ethereum network. He is the CEO of IOHK, the company that built Cardano’s blockchain.
Yesterday came the great news that we were all waiting for, to include cardano in Coinbase Pro.The price has risen from 1 dollar to 1.25 $ thanks to this news.
I have drawn a visual graph with comments, to get an idea of how the price is going to behave in my opinion, and how far it will go at least this year.
Always where the price retests, it is the ideal area where you have to accumulate more tokens.
If this graphic has helped you, I would appreciate a like / comment.
ADA USD LongHere you can see my graph and analysis of Cardano (ADA): medium / long term.
Tell me what you think ;)
Cardano - ADA Long price targetCardano (ADA) retraced to 50-61.8% fib level of last long run and recently broke descending trendline to resume the uptrend.
Expect some profit taking and retracement at key levels highlighted in chart.
Stay tuned for the next target depending on how it behaves at last high at $1.48 region
This idea is long term investment and not for intraday trading.
ADA Potential Buy entering Buy Zone 1ADA entering 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.
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.
ADA/USD possible support and resistance zonesThese zones are merely an indication of where ,in the past, there has been conflicting market psychology. Meaning there were people on the bullish side but also people on the bearish side. This could mean that at this price people take a profit or become less confident in the coin. Therefore we can use these zones with proper knowledge of price action and also an understanding of the current sentiment of the crypto market to make and informed "guess" on the direction of ADA/USD. You should not "expect" the price to do anything , you should merely follow this because it is the most likely outcome based on all the knowledge from price action, market sentiment and an understanding of the fundamentals of crypto and trading. Being "likely" does not guarantee the outcome and I can not even guarantee that it is indeed "likely". Don't be too attached to these lines you draw on a chart. They highlight interesting things, they are not "laws of the market" or something like that.
Let's See This ... (Cardano) = ADAUSDT I Think The Bulls Are Gonna Win ...
What Do You Think ? Long or Short ?
Cardano ADA still performing well, but don't buyWarning: our thoughts are ours; not financial advice.
If you have bought Cardano before now, then good for you. You are at an insane profit right now.
But if you are contemplating buying some Cardano right now, please hold on to that thought. You might be buying Cardano at the top. You definitely don't want that. There are a lot of cheaper assets to buy presently.
However, that's not to give up on buying Cardano. We'll consider a huge dump down to 83 cents a great buy zone as of this moment.
Cardano Consolidating Poised For A Big Move To Fresh New High*Update* Currently Cardano Consolidating Poised For A Big Move To Fresh New Highs.
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!!
ADA (Cardano) - the run continuesAfter my previous analysis of cardano which saw a beautiful 40% rise I believe we're ready for the next jump up. Overall I am looking at a target of $2-$3 for ADA
Why? So many reasons - fundamental are fantastic its really undervalued and has released some great updates. Everyones been struggling with ETH gas fees which puts ADA in a much better light as a more practical alternative.
On top of that from a technical perspective this coin actually rose during a time when many other high market cap coins were dropping. It's remained really bullish and has a such potential.
If you find my analysis useful please like and follow.
This is not financial advice.
CARDANO in the channel entry levels LONGADA created a nice UPTREND.
ENTRY LEVELS LONG
$0.957568
$0.860611
$0.781658
ADAUSDT Cardano pumping again or notAre we pumping again, should we be affraid? i think NOT even if we test this lvl multiple times bitcoin might consolidate we dont know lets see give it time
ADA Daily Follow-Up to 1-27-21Last week I made a quick update on ADA as it was setting up for a test of $0.50. Before we went into this bull market cycle I normally would utilize more tools to make analysis's. If you were involved in the 2017 cycle then you'll remember that indicators such as RSI and MACD became LESS reliable as we broke new highs.
That said, I'm not saying that indicators aren't useful but that with the constant momentum etc it's useful to fall back on the old saying "Less is More". Just because the RSI shows that we are overbought doesn't mean the move is completed.
Remember, these big moves take days to complete. People will take profit, the price will dip, and it'll be bought up and the price will move even higher before any significant pullback.
Things to look at:
- Volume is on the Bulls side, we have a strong break of $0.40 and briefly touched $0.46. Keep tabs on the Volume as we push up further.
- As I mentioned earlier, the other indicators such as RSI and MACD won't be nearly as reliable in indicating momentum shifts so keep tabs on the Volume and anything that will affect fundamentals.
What to expect:
- Resistance at $0.50
- With BTC ranging in the low-mid $30ks and Alts moving up, we'll see the money start flowing between each.
- Tax Season is starting soon in the U.S and regulators could put a damper on things but it'll only be temporary.
See you all on Mars
ADA / BTC Bullish Pennant on 1H chart.ADA / BTC bullish pennant on 1H chart.
Enter after the breakout - for safer trade, or now for higher reward / higher risk.
Targets: 1175, 1225, 1275, 1325 sats .
Remember about SL!
ADABTC / ADAUSDT Potential Pump Incoming!Hi guys, if you like this post, please support me by clicking the like and follow buttons and by leaving a comment! Thanks!
The three majors that I believe will do well are Ethereum (ETH) , Polkadot (DOT), and Cardano (ADA). While there are smaller alts that might pump harder and quicker, they are also more risky and harder to identity. The above three alts provide probably some of the best risk reward in alts.
ADA DailyVolume is dropping, RSI is resetting as is the market. Good time to consolidate.
Still sticking to my call of $1 ADA by the June - August.
CARDANO - Looking healthy, outperforming the rest atmA few things about Cardano and my expectations from my simple chart analysis. Looking healthy.
ADA / USDT Overview On A DAILY ChartADA (Cardano) has been on a parabola for a while. Do not mind the short term price fluctuations, prices move up and down in waves.
When you get lost in short to mid term price fluctuations it is always better to shift to much wider perspective.
After we take a look at it, we clearly see ADA has been on a parabolic curve and it has much more room to grow.
ADA to retest 0.17$ to 0.20$. ADA on the weekly chartA retest to 0.17$ - 0.20$ could form a relative bullish ascending triangle and also a completion of a 2 year cup and handle.
BTC dominance topping could be a catalyst for a breakout and BTC inching closer to 20k.
