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Cardano completing Cypher pattern for upto 53% rallyHi dear friends, hope you are well and welcome to the new update on Cardano. On the daily time frame chart, the priceline of ADA is completing the formation of bullish Cypher pattern and soon it will be entered the buying zone. this trade has a big profit possibility of 53%, and the loss possibility is 13%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
1
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.
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
2
ADAUSD testing support. Could this be our trend reversal?We may be making support @.618 of our fib retracement. But ultimately we have to see how the market reacts to 21 EMA. If 21 EMA becomes strong resistance until we eventually get a bearish crossover with our 21 EMA and 81 EMA, this would be signal for a trend reversal. As of right now we are testing lower support, and possibly lower highs. Another scenario is we range sideways between 0.786 and 0.618 fib retracement before we figure out what the next move will be. And our bullish scenario would be we make support here at 0.618 and make it above 0.786.
BINANCE:ADAUSD
by Detective_Conan
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.
KRAKEN:ADAUSD
by bozzextro
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow? If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely. But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall. The nearest support area is $0.37-0.38 Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
by pennygene
23
Cardano Consolidating Poised For A Big Move To Fresh New HighCardano 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!!
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
3
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!!
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
1
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-$3 for ADA Why? So many reasons - fundamental are fantastic its really undervalued and has released some great updates. Everyones been struggling with ETH gas fees which puts ADA in a much better light as a more practical alternative. On top of that from a technical perspective this coin actually rose during a time when many other high market cap coins were dropping. It's remained really bullish and has a such potential. If you find my analysis useful please like and follow. This is not financial advice.
BINANCE:ADAUSD.PLong
by JamesVitaly
2
Plain and simple ADA analysis TODAYPlain and simple ADA analysis TODAY BINANCE:ADAUSDT ADA is in full hype mode, so i posted a little video yesterday at the peek , to warn everybody as it was spiking. Turned out, i was right. So, the bearish signs were too obvious... Bearsih divergence, volume and so on... However, the parabolic move is still intact. BUT Many other cryptos broke it during their rise into this 2021 bullish cycle. I would be really surprise if ADA was able to stay inside his parabolic move. Chance are high that we might revisit 1$, so patience for now, stay away from it. And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure. See you all tomorrow, and don't forget to smash that like button !
Short
by Copytrade_TV
6
Cardano (ADA) Sleeping Giant Awake ATH Price Levels 75% GainCardano 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!!
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
5