░▒▒░ ADA FORECAST | 30M ░▒▒░COINBASE:ADAUSD
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".)
CRYPTIK-ONE: Hey can we chat about Cardano SYMBOL: ADA for the tradingview.com crypto profile?
EVE: Hey can we chat?... I just processed 50 BCH but I forgot to include the fee my bad is there a way to get my money back and re-process it including the fee?
CRYPTIK-ONE: You can bump the tip, otherwise it should be pending until it's rejected (maybe a day or two). So can you please tell me what you know about Cardano?
EVE: Not really, i started investing into it a couple days ago and still doing more research. Cardano has the potential to be a pretty big coin in the future if the development continues and it can maintain or boost its value. It's used for smart contracts and Daedalus wallet is one of their advancements that other coins have not come up with yet in the crypto community.
CRYPTIK-ONE: I already purchased and sold large stacks of ADA I am waiting for this next price drop. Based off of my chart forecast for Cardano can you tell me the probability of it dropping to $0.78 as I have forecasted?
EVE: I really have no idea, it's a beginners crypto at this point and very risky. It is only 10 cents away from that price though so I am thinking it can hit that value within the next 3 weeks.
CRYPTIK-ONE: It's 6 cents away from that price right now. I would say the probability is around 65-70% of it hitting my price target, with a flash retracement back up to $0.84.
EVE: Maybe, there's still a lot of work to do. I have faith in the development team, it brings me back to when ETH was first created and the developers did so much for the community, at least this is how it seems.
CRYPTIK-ONE: I agree although I am not interested in holding it long-term like we do BTC. Also I am not an advocate of you using BCH as it is a fork of BTC and the circumstances surrounding that fork are not in favor of Satoshi Nakamoto.
EVE: Are you confident in your forecast? Do you really believe ADA can hit that low of a price target?
CRYPTIK-ONE: Yes, I am. It's only around a 6 or 7% drop. If even a flash wick it should happen. I have been watching this coin and when it dumps..... IT DUUUUMMPPPSS. Anything to say to our 7 friends/followers before we bounce out?
EVE: What are your views on BTC, it looks as if it's recovering? Is it going to continue to pump higher or fizzle out?
CRYPTIK-ONE: I am a Bitcoin Die-Hard. I have complete unequivocal confidence in it being $1M/Coin. Anything to add before we go?
EVE: Yeah I think crypto is growing very fast and getting more attention in the media, so it will keep pumping. I just wish I got into BTC before the price surged.
CRYPTIK-ONE: We did Eve, I did so you did. I started mining/buying in 2011 on a server when it was around $7.00
EVE: That's great, it makes me a little less lost. You mentioned BTC will go to $1M, what do you think ADA will be worth at that point?
CRYPTIK-ONE: Great question. I haven't forecasted out that far however BTC should be at $1M in 2-3 more halvings. So lets say goodby for now to our friends out there.
EVE: Yeah, I will see you later.
CRYPTIK-ONE: Anything to add?
EVE: Nah I just wanted want to say that the site is awesome and thank you for your advice.
CRYPTIK-ONE: Alright Eve, Peace Out Girl Scout.
EVE: Bye
Cardanousd
#Cardano Slides 11%, #ADA Bears Targeting $0.75
Past Performance of #Cardano
ADA is down to 9th on the market capitalization leaderboard and down 34 percent from April 2022 peaks. It is also flat-lining in the past 24 hours but down 11 percent versus the USDT week-to-date. Currently, ADA bears may see the coin retest March 2022 lows of around $0.75.
Cardano Technical Analysis
#ADA is free-falling at spot rates, under-performing the USDT, as bears dominate. Every high within the April 26 bear bar and $0.90 could be entries for traders expecting more losses in the immediate term from an effort versus result analysis. ADA prices are below the 78.6 percent Fibonacci retracement level at spot rates. Considering sharp losses and bear momentum from April 6, sellers may reverse gains posted in March 2022.
What to Expect from ADA?
#Cardano's ecosystem is developing, and more dApps in DeFi are launching. In the medium term, this is bullish. While ADA may be weak at spot rates, it may recover, especially if $0.75 holds.
Resistance level to watch out for: $0.90
Support level to watch out for: $0.75
Disclaimer: Opinions expressed are not investment advice. Do your research.
ADA Long ScenarioBINANCE:ADAUSD Signal
Entry - $0.5
Target - $2
Invalidation - $0.1
Risk to reward ratio - 3.6
Technical confirmations
Price already reached 0.618 Fib zone and continue to decline.
We expect price to reach 0.786 and maybe 0.886 zones.
There's liquidity at $0.77 so it is a good target for price to continue falling.
Aroon indicator shows a strong bearish momentum on a daily timeframe and losing it's momentum on a weekly timeframe which indicates that the price is going to reverse soon.
Fundamental confirmations
Why should price reach Entry level?
ADA TVL fell from 323 to 199 million in one month.
Why should price reach Target level?
Cardano increased block size to enhance Dapp performance.
1 of top 3 coins to buy and hold for ever according to "Investorplace".
NFT and DeFi projects being built on the net.
Vasil Hardfork launch in June, 2022.
TVL rise from 822k million to 199 million since January 1, 2022.
During the Basho development phase, the ledger continues to optimize and scale for the growing demand. Along with parameter adjustments and node upgrades, Plutus capability continues to develop at a steady pace.
Disclaimer: We are expecting price to rise after the Vasil Hardfork launch.
CardanoCardano
Cardano in anticipation of a rally! Starting level of $0.70!
After updating the historical maximum of $3.0 per coin, Cardano fell into a semi-annual downward peak. And in the last trading week of April, Cardano had a real opportunity to reverse the current trend and push off from the key local support level of $0.70 into a correction, followed by the potential to grow into an upward channel in order to test the $2.0 resistance level, which will be the start for the subsequent ascent to the top of $3.0. A good signal for a turning point in the current situation will be a confident breakdown of the trend line of the current semi-annual downtrend.
If the $0.70 support fails and Cardano remains in the grip of a downward trend, short sales may well fail the instrument to the level of $0.2, which has extremely negative consequences for the liquidity of the coin.
ADAUSD Weekly Double BottomADAUSD is showing a double bottom on the weekly 'Gaussian Channel' Indicator which shows strong points of support and resistance within a channel
ADA is breaking up out from a downtrend previously formed
This downtrend is small however (considered on the weekly timeframe)
On the Monthly timeframe the downtrend isn't really considered at all, price is way above the Channel, displaying the bull nature on this timeframe
ADA/USDT - 89% SetupHello Traders!
ADA price broke out of the downtrend, after which it returned to the consolidation range of $0.92 - $1.05
For a short-term trade, you can look for buy entry points near the current price values of $0.90 to $0.98. A less risky option is to wait for the price to consolidate above the resistance level of $1.05 and MA100 on the daily timeframe.
The targets will be the price levels of $1.48 and $1.74.
The deal should be closed by a stop-loss only in case of the price falls below the price level of $0.66.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
CARDANO (ADA) | Possible Higher Low Formation!Hi,
The last idea was a survey where was quite a low interest to make some kind of summary. So, I would like to share just some interesting altcoins to keep an eye on but still thank you to those who answered. ;)
To talk from a technical perspective then there is a quite good opportunity to buy ADA from the shown area. We have seen a new higher high formation, a strong break above $1.000 and now the price is back to retest the breakout area to make a new possible Higher Low (HL).
Do your own analysis and good luck!
Vaido
Cardano: Eager Beaver 🦫🦫Cardano is an eager beaver and reaches for the resistance at $1.63781. There is a 35% chance that it could climb above it already and continue the ascent to the next resistance at $2.4574. However, we rather expect Cardano to dive into the green zone between $0.93552 and $0.27674 once more to finish wave 2 in green, wave C in yellow, wave C in turquoise and wave v in magenta before moving upwards again.
ADA is healthy and profitable againHi guys,
S1 and R1 are determined with different time scales and charts,
S2 is a very bold resistance and this time (despite many other altcoins) the dynamic resistance is also very powerful...
It's a safe investment, you can buy everywhere and hold for long-term. But the green zone is also good for one-step buying.
Comment your ideas down below
Cardano - Update ✅I closed my previous trades on CARDANO in PROFIT, for now the coin made the shift in the market strucutre from bearish in to bullish breaking the previous high from the bearish strucutre. The long term target that i have on this coin is 1.35 - 1.40. To take a LONG entry i would like to see a retracement into 1.0$ institutional figure d1 imbalance or bullish orderblock on d1 around 0.90$ price area.
What do you think ? Comment bellow..
Cardano fantastic Cup & HandlesHello dear friends...
i was looking at ADAUSDT chart and saw triple cup & handles. 1st and 2nd hit their targets. now i'm waiting for confirmation to enter long position.
Target is shown on chart.
Please share the patterns you see in the chart with me and ask your questions in comments.
ADA will go higher BUT after this correction!Cardano had perfect movement during the last few days, This coin grew up about 16% in a day!
For now and according to the market situation I expect to see a correction for this coin before any uptrend.
Current resistance which ADA is stuck below it, Is so strong and a correction is needed in this location.
In my idea 1$ zone is a perfect zone to buy more ADA before the next uptrends BUT always do your own strategy and obey Money Management BECAUSE it's the key!
Feel free to ask your questions here, I'll answer them.
Cardano hitting resistance soon.. Goodmorning from Amsterdam..
Here is a quick view on the daily of #Ada.
We are in a measured move nearing it's target..
There we will have some trading range and possible 2nd leg..
Watch closely.
Feel free to comment, like and share..
Don't forget to follow to be aware of the updates.
Cardano ADAUSDT short termsInvestment information, comments and recommendations contained herein are not within the scope of investment consultancy.
Investment consultancy service is provided within the framework of investment consultancy agreement to be signed between brokerage houses, portfolio management companies, non-deposit banks and the customer. The comments and recommendations contained herein are based on the personal opinions of those who comment and advise.
These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
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.
ADA CARDANO LONGS 📉📉📉📉 Expecting bullish price action on ADA CARDANO as price is rejecting an important area of support at 0.80000 psychological barrier, we can see a nice failure swing low or a failure of the bears to push price below the previous lows, for me this means the bears are exhausted and bulls can take control in this area. It is important to understand that this entry is kind of a risky because we are going against the h4 strucutre that is bearish, a more conservative entry would be if price moves above last high (BOS area) retraces back and shoots to the moon 1.5000
BITCOIN is rising we are in a RISK ON MARKET SENTIMENT !! Everything is alligned even fear/greed index that is in extreme fear meaning we should look for buying opportunity.
What do you think ? Comment below..
ADA Crash Time - SHORT ADA for 61% Gain - No Support Until $0.30Hi everyone, This is The Unbounded. One of the newest and most active trading view authors and fastest-growing communities.
Please consider following me for the latest market updates and mid and long-term Long / Short calls. Let's get to the chart!
ADA/USDT has recently fallen, retested and bounced back off the LAST LEVEL OF SUPPORT until the $0.30 range. The recent price action shows that ADA is likely to trend down to the next level of support which is all the way down at $0.30.
As there is literally no support on the Daily or Weekly candle until $0.30, there is a possibility of a 61% Shorting opportunity.
This ADAUSD trade is inline with my overall Bitcoin thesis where I believe that Bitcoin will trend down to the $20,000 range over the next 6-9 months.
Entry: CMP (Current Market Price)
Profit Target 1: $0.69
Profit Target 2: $0.43
Profit Target 3: $0.30
LEVERAGE: 3X TO 10X
Stop Loss: $0.85