ADA CARDANO - Volatility inboundOur updated chart on ADA Cardano shows that volatility is expected now. In the last 24 hours the asset has been lagging vs Polkadot, Ethereum and other major competitors which can easily be explained due to the fact that it has been outperforming the basket for the last few weeks.
The price will exit the wedge (triangle) very soon and volatility is guaranteed. Direction? Probably higher but a dip to previous support can not be crossed out
Cardanousd
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 !
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 $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01/03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!!
ADA Cardano - over 650% rise since post 1🤩I have expressed my admiration for the Cardano project in a few occasions, especially as my 'Valentine's day coin' .. an affection based on fundamentals and technicals.
Cardano has proven to be the best option and yes I do expect it to rise further... to at least 3$ a piece
Some call it ETHEREUM KILLER . I just like to call it ADAMANTIUM COIN , where it's strength is the technology and it's team's values.
When it comes to cryptos, research always pays out- just remember to combine it with technical analysis.
Thanks ADA,
the FXPROFESSOR 💖
CARDANO/ADA - LONG - TERM INVESTMENTThis is one of my favourite crypto for the year 2021. I believe that this year will be the year of Cardano without any doubts.
We are heading to ATH and even higher. Once the Goguen phase (smart contracts) will be on and everything go smoothly, then there will be no limits for its growth.
It is pretty good like a long term investment. I think this price is still fairly and it will explode soon.
Better to take some batch now as catching the price in FOMO.
CARDANO is going to melt the faces of an early investors.
*My point: comparing the circulating supply of XRP and ADA.
XRP - 45,404,028,640 -> ATH was set on 3.84$
ADA - 31,112,484,646 -> ATH was set on 1.33$ - there is less coins in circulating. If good adoption comes it can easily overperfomed the XRP and the price 3$.
ADAUSD upwards trend maintainedADA seems to be maintaining the trend projected earlier for its upwards trend. It such an exciting thing to watch.
Side by side with Bitcoin the rise of Cardano (ADA) is phenomenal, which goes to show how strong its fundamentals are compared to any alternative coin.
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This content is for education purposes only. You should not execute any trade based on it. Please do your own research.
ADA - OPTION 1 - Valhalla DIRECT FLIGHT - eth follow- (version2)ADA - OPTION 1 - Valhalla DIRECT FLIGHT - eth follow- (version2)
this is a rework of the first version; where i thought maybe i didnt do the fractal properly after watching it unfold.
shows the end of the first macro bull leg. there maybe another after.
Cardano HYPE!Cardano has performed extremely well over the past few weeks
Currently on the BTC pair price is perched above 2.618 on a medium term fib circle trend
Price movement has been relatively flat however when compared to the USD pair
I expect the USD pair to move up to the nearest fib challenge of 3.618 within the circle
Assume a buy scenario
Green circles are areas of support
Red circles are areas of resistance
💡Don't miss the great buy opportunity in ADABUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.9790).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1100
TP2= @ 1.2000
TP3= @ 1.3090
TP4= @ 1.4200
TP5= @ 1.5600
TP6= @ 1.7000
SL= Break below S2
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💡Don't miss the great buy opportunity in ADABUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.9790).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1100
TP2= @ 1.2000
TP3= @ 1.3090
TP4= @ 1.4200
TP5= @ 1.5600
TP6= @ 1.7000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️