ADA IS A GREAT BUY WHILE IN ACCUMULATION PHASE - CryptoManiac101ADA / USD TA
We are looking fine overall on Cardano USD trade. Long term traders should be in this trade, however we don't have any clear reversal pattern besides the enormous accumulation. If we look at current price point, it's very alluring especially in comparison to XLM or XRP and can be considered as an addition to one's portfolio.
There's no clear breakout time frame which we should be looking at, but overall it does seem that ADA found bottom.
Cardanousd
CARDANO is gonna skyrocket 18th FEBHey guys, hope you all have been good to yourselves and taking it slow and steady dying months of the bear downtrend.
I believe we are going to enter a sideways trend now for 2019, and it is going to begin very soonish!
18th feb i think we are going to make a bounce which will complete a 4 wave until early March. This is all part of a major wave pattern as seen on the chart here.
Look at the BTC short market, it is trying to make a push back up in a rally to hit its past high levels, but it seems to be struggling now days. It has made a bit of a push, but is also looking to fall around the 18th of Feb which will verify if the cryptos make their move again to bring some needed profits.
ADA is my pick, as I like the project, and it has good gains to be made in 2019 on long swings, and longterm trade positions. Good luck and lets see how this game plays out over the coming weeks.
CARDANO IS GOOD FOR ANOTHER 15% - 44% PROFITCardano looks bullish at this time. Parabolic curve is holding on fine with no signs of weakness. We have high chances of reaching initial target with slimmer chance of getting to final target unless we get another candle to that area which will eventually get sold into. No need to exit your positions at this time.
ADA BIG MOVE ON THE WAY Hello Everyone Hope you are doing good
Here is my another Chart analysis for ADA
ADA recently breaks Symmetrical Triangle pattern which is a good sign for upward move
also we can see Golden cross which is another good sign for us
buy between 1100-1150
Target 1225
Target 1357
Target 1531
Target 1800
SL 1050
ADAUSD - 1D Chart AnalysisAfter it's last failed attempt of crossing the 20 days Moving Average on the 20th of January, the price of Cardano seems to be set to continue it's bearish trend, influenced by the low demand for the coin despite it's very well looking project.
Since the 1st of January, the coin has registered a loss of 0.0029$ (representing only 6.90% from it's initial value) but at this stage, the odds are not looking too favorable for the following days.
From the technical perspective, the price has bounced back from the lower standard deviation of the Bollinger Bands but the increase wasn't strong enough to change the trend direction.
On top of this, with the RSI having a neutral position and with the Stochastic registering multiple crossovers but without any major impact, it seems that the price will continue it's sideways movement in this bearish trend.
If the trading volumes will remain as low as we could see it in the last weeks, the price has big chances to continue is decrease towards the level of 0.0361
ADAUSD - 1D Chart AnalysisSame situation with Cardano.
Once the market capitalization has started to recover from the lost ground, it's price has started to increase since the 16th of December from 0.0268$ to 0.0430$ and has registered an growth of 60.44% until now.
But the beginning of the bullish trend was registered on the 17th of December, once the price has crossed the 20 days Moving Average at the value of 0.0334$.
From the technical perspective, we have some contradictions as it follows :
* the upper standard deviation of the Bollinger Bands has been reached, meaning that the price is in the "overbought"" area and a "correction" may come anytime soon;
* on the 21st of December, the price has finished the day at the same value where it started and it has created a Doji candlestick. Usually, the Doji candlesticks are indicating the market's indecision and a possible trend change. It wasn't the case here.
* the Stochastic is close to 80 but there is no crossover yet, meaning there are some chances to see a slight continuation of the uptrend;
* the RSI has recovered from the level of 28 in the last days but is only 61 now, meaning that the increase can go on;
* the trading volumes are not at the same level as 2 days ago but are still increasing;
* the MACD is still above the Signal, meaning that there is still more room for the price to continue it's growth.
In these circumstances, there are reasons to believe that the market is getting close to the area in which it will start to slow down.
This Slow down can be defined in 2 different ways :
1. If the trading volumes will remain the same as in the last 2 days, the price has big chances to get close to the first Resistance of 0.0492$ and then to go down to 0.0399$ which is the Pivot Level (the average price)
2. If the trading volumes will increase, we might see a slow down of the market for a couple of days, followed by another rally.
ADAUSD - Bullish
Resistance levels: $0.080, $0.090, $0.100
Support levels: $0.030, $0.020, $0.010
The price of Cardano is now in a bullish trend; as the crypto's price broke the 12-day EMA and the 26-day EMA. Yesterday, December 19, the price of Cardano made a pullback after it was resisted at the $0.035 price level. The crypto's price is expected at the $0.045 price level but it may face resistance at the $0.040 and $0.044 price levels.
If the price fails to break the resistance level at $0.040, the crypto will find support at the $0.030 price level. However, if the bears break the $0.030 price level, the crypto will resume its downtrend. The Stochastic indicator is out of the oversold region and it is approaching the range above 40%. This indicates that the price of Cardano has a bullish momentum and a buy signal.
CARDANO ADA At spot prices, ADA is down 15 percent and 30 percent in the last day and week but still hanging on at 10th. At this rate, prices are not only trending at new 2018 lows but are confirming the bear breakout pattern of early August. We expect this draw down to continue as long as BTC prices dump and deadlines extended.
Everything else constant, ADA has been on a free fall after breaching the 6 cents previous main support and now resistance. Unless otherwise, this trend should continue and ADA could slip below 1 cent before year’s close.
Of interest in our analysis are Nov 28 bull bar—218 million versus 140 million and Nov 4—131 million versus 127 million, Nov 5—144 million versus 123 million and Nov 6—165 million versus 127 million. Notice that, the trend is clear, the last three bars have increasing volumes but the deviation from average is not that wide.
In the meantime, Nov 28 high trade volumes didn’t stop sellers from marching forward, reversing earlier gains. At spot rates, ADA/USD is trading below Nov 2018 lows accompanied by high trade volumes. This is bearish and we expect prices to trend lower unless of course there are surges above 3.3 cents erasing these losses.
Following drops of Nov 19, ADA sellers drove prices below important support level completing the bear breakout pattern set rolling in early August. The drop has been near perpendicular and as long as prices trend below 1.5 cents, bears are in control.
11 months later and sellers are not slowing down partly because of BTC price declines. We expect losses to continue and as ADA/USD trade below 3.3 cents, the bear breakout pattern of Nov 19 is valid and sellers are in control. Floors are not yet visible and we shall recommend buying once proper bull reversal signals print perhaps driving prices above Nov 2018 lows and even 4.5 cents.
ADA BTC PULLBACKADA BTC now is situated into a rising wedge which means the price are make higher highs and higher lows in the final will be a nice breakdown
Stoch is overbought and also bear cross it s confirmed
Volume going down which is a bearish sign also
RSI below neutral zone
Target of this rising wedge is 905 sats(final target) which means -8.94% from the current price
This is only informative,it s pretty complicated now to make predictions for altcoins because all depend in BTC movements which is near a strong EMA cross at 1MONTH.
It s pure informative once again.that is my vision for ada
Cardano Price AnalysisThe ADA/USD pair traded higher and broke the $0.0380 and $0.0400 resistance levels. It traded above the $0.0420 resistance and tested the $0.0450 zone. A high was formed near $0.0440 and later the price started a downside correction. It traded below the $0.0420 level and the 100 hourly simple moving average.
However, the $0.0378 area acted as a solid support. The price bounced back, but upsides were capped near $0.0435.
The chart indicates that ADA price is preparing for the next move either above $0.0430 or below $0.0400. On the downside, the price remains well supported near $0.0395 and $0.0378. On the upside, a break above $0.0430 could push the price towards $0.0450 or $0.0500.
Hourly MACD – The MACD for ADA/USD is slightly in the bearish zone.
Hourly RSI – The RSI for ADA/USD is currently just below the 50 level.
Major Support Level – $0.0378
Major Resistance Level – $0.0440
ADAUSD - 1D Chart AnalysisAfter it has dropped in November from 0.0706$ to 0.0388$ and it has registered a decrease of 45.04% (or 0.0318$), the price of Cardano has started the current month with the right foot.
The RSI had a slight return from the "oversold" area, the Stochastic has registered a crossover on the 1st of December followed by a small increase of teh price, which was also confirmed by the MACD as long as it's Moving Average has "jumped" above the Signal.
The contradiction comes from the lower trading volumes compared to the previous days and also from the Doji candlestick which was created yesterday, with the price finishing the day at the same value of 0.0419$ as it started.
Traditionally, there are some circumstances in which it is considered that a Doji candlestick is showing the market's indecision or a possible change of the price direction. But this doesn't seem to be too relevant for Cardano as we could see the same situation on the 23rd of November and the price just continued the drop.
Overall, it seems that without any news which can stimulate the trading volumes, the price has big chances to start moving sideways and to stay between the Resistance Level of 0.0464$ and the Support Level of 0.0398$ for the following days.
ADA (Cardano)- Time to short?Short-term target of ADA wasn't reached yet. If we broke that ascending line to the down, we will see the test of the support area 0.0388-0.038 (first rectangle). If we stay at this area - or make sqeeze up( back to 0.04 areas) we will be back at neutral areas again. Otherwise, we can see a test of second support. At this moment, (when I write this idea) volume start increasing - so It looks like we will within 2 hours most likely test the first support.
Between Thu, Nov 1st 2018 - Fri, Nov 30th 2018 CARDANO ADAthe price of Cardano ranged between $0.0696 and $0.0386, with a min/max of $0.0331 and $0.0811.
Its market cap ranged between $ 1.80 Bn and $ 1.00 Bn, with a min/max of $ 859.11 MM and $ 2.10 Bn, a median of $ 1.85 Bn and a 7 day moving average of $ 1.01 Bn.
The trading volume ranged between $ 10.04 MM and $ 80.64 MM, with a median of $ 27.32 MM and a 7 day moving average of $ 31.56 MM.
CardanoCardano has a market capitalization of $ 1,038,198,674 November 29, 04:25 UTC watched its current value, which is being traded below the EMA, and decreased by 48% approx. compared to the level of 05 November.
cryptocurrency increased from a minimum of $ 0.065. To a maximum of $ 0.082, which is almost 26%, the interest is returned within 18 days. However, since then he has experienced constant downward pressure until it reaches the current level. Against the background of the current scenario, we can estimate the next level of support at $ 0.045.
is ADA value going up any time soon?Cardano ADA is still at the development stage of Goguen, which, once completed, will allow the blockchain network to launch smart contracts. And through smart contracts, the network will also be able to handle decentralized applications. This crypto has potential and it’s just a matter of time before it gets above all the developed crypto-conversions.
ADAUSD: Close to breaking downwards.Cardano is, as many other coins, trading within a 1D Triangle but appears to be closer to a break-out to the downside (RSI = 42.639, CCI = -75.7795, Highs/Lows = -0.0016). This will happen if the Higher Low sequence breaks with 0.06900 being the first. If it does the immediate targets are 0.06527 and 0.0600 in extension. The long term trend remains bearish (1W RSI = 42.965, MACD = -0.050) and only if 0.1091 breaks can we consider a long term direction shift.