Cardano: TarzanA call which makes the trees tremble resounds through the jungle. It is Cardano, swinging along the support at $0.92258 like Tarzan on a liana. As it is currently very close to the support line, Cardano could decide that is has finished wave v in magenta and continue the ascent. However, as it has dipped into the green zone between $0.27674 and $0.93352 only shallowly so far, it could still rope down to complete wave v in magenta a bit deeper, before climbing up again.
Cardanoprice
ADA Cardano: 4H Chart ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Cardano ( ADAUSD ).
Cardano price has been on a downward trend. There are multiple Support and Resistance Lines shown. The price may make an attempt to get to the 0.236 and 0.382 Fibonacci Retracement areas with the Ichimoku Cloud possibly creating resistance. RSI, MACD and MFI look bearish. Price is below the 20, 50 and 200 SMA.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
ADA Cardano: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Cardano (ADAUSD).
The chart is self-explanatory. The price is sitting at a major support area. It is below the EMA Ribbons, 200 SMA, 50 SMA, Ichimoku Clouds and still within a Descending Wedge Pattern. Volume has been low but steady. RSI and MFI are below the Support and Resistance line. Keep a close eye on the RSI re-test of the S/R line.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI ( Money Flow Index), Descending Wedge, EMA Ribbons, and 50 and 200 Simple Moving Average.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
15$ for ADA 2022 is imminent!!!Ada is among best layer1 projects that has perfomed very well during 2021
According to the technical analysis,the relationship between market structure and parallel channel has been respected according to the parallel supports and resistance
Lets wait for a bullish confirmation candle to prove bulls are back in the market
Comment below to see what you have…..
ADA Cardano: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Cardano (ADAUSD).
The chart is self-explanatory. The price is at the apex of the triangle, so a move is coming. There is bullish divergence in sight with support lines intact for the RSI, Stoch RSI and MFI. The price is also in a descending wedge (generally bullish). The one concern is the triangle formed after a big drop presenting a Bearish Pennant. Focus on the breakout direction and possible re-test to give indication of which direction the price will move. Lastly, Volume over the past few days has picked up which falls in line with the bounce on the MFI.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Stochastic RSI, Bearish Pennant, Descending Wedge, Bullish Divergence, Ichimoku Cloud, Volume, Simple Moving Average .
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Cardano: “The Long and Winding Road”“… that leads to your door will never disappear…”
Quite similar to the road in the famous Beatles-song, Cardano’s development has also been a long and winding road in the last few months. Now that it has finished its extended wave as well as its shorter wave in magenta, we see Cardano heading through the support at $0.92258 and to the green door between $0.93552 and $0.27674. In this door frame, the price should turn around and rise up again.
Still, there remains a 25% chance that Cardano does not make it into the green door frame, but instead rises above the resistance at $1.63781. If it has managed to get this far, the price could also reach further destinations at $2.4574 and $3.1000.
4hr/1D symmetrical triangle formation within bullish support macIn the 4 hr and 1 day charts for ADA I see a REALLY BULLISH symmertical triangle withing the bullish macro support line. The RSI looks healthy enough to confirm a bullish pump from this, and we are just nestled upon the 200 day moving average. I can definitely see some blast off right here. Especially with incoming defi and Hydra news!
Cardano's turn? ADAUSDT Aug 7Cardano's price is moving between two levels for too long, One of this levels gonna break soon or later
I expect it to breaks $1.5 resistance and If it does then it gonna move higher levels so fast .
Also there is a pattern, After the neckline broke then the target will be $1.85
CARDANO (ADA/USD) Has Made a Breakout!Cardano has made a breakout from the bullish chart pattern called Falling Wedge.
Market have shown some consistency and some altcoins have made breakouts from the bullish chart patterns, so as ADA.
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*This information is not a recommendation to buy or sell, it is used for educational purposes only!
CARDANO OPPORTUNITY!ADA H&S OR IS IT THE CUP, WELL BOTH BULLISH! ADA has bottomed once again, 3 times this month , Ada has generally been one of my profit makers in the last month it has given spikes of 20 percent and above so all this time we were winning on the small bounces but now ADA has a long term bullish trend and is one of the most promising crypto-currencies and projects so far and we can already see other cryptos having a rise like XLM which showed a great pump after Bitcoin made its peak and XLM has usually been followed by ADA as we have experienced before.
So ADA is at the floor but lets see what the technical probability is for it having a spike? Well we have head and shoulders pattern which says that the right shoulder is going to take place soon and we may see a pump to 0.000024 BTC however we can also see a possibility of the cup which can take use to 0.000026 which is a 30% profit from where we are now and that is short-term(1-2 weeks) and for HODLING ADA I would recommend to buy now as the price in BTC and USDT/USD is incredibly low and with the bulls we have back on crypto we may get to our long-term targets soon so lets buy and HODL.
INDICATORS:
-STOCH-MOVING DOWN POSSIBLE DUMP IN PRICE BUT WE HAVE OUR SUPPORT WHERE WE SHOULD GET THE BOUNCE
-EWO-BULLISH DIVERGENCE
-MACD- BULLISH DIVERGENCE
Good Luck, Traders! #moon #mooncommunity