ADAUSDT (Cardano) – Week 18 – Consolidation for upsideCardano is trading in a range structure since February of 2021. This range is preparing the next move up. When we go on the 4h timeframe we see an up move that started on the 23rd of April and stopped for a consolidation on the 29th. The high probability move from this area is an up move to reach the resistance marked on the chart at 1.55 USDT.
Trade with care.
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Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Cardanousdt
[UPDATE ADA] 2$ SUPER SOON! THEN BULL RUN UNTIL 6$-10$!ADA is chilling lol (even with the Africa news)! It's super ready to pump in May up to 2.80$! Anyway, 2$ is easy in May.
Look at the RSI (the lowest of the past year). From that point, we had +1000% in 5months.
I'm expecting something similar for this next Q2-Q3 cycle.
My final forecast is approx 10$ ADA. A conservative scenario is 6$. This is very easy. I wonder if this crazy market will push ADA even further than 10$?
HOLD!
ADA ,can we see big move soon ?ADA / USDT
Cardano in the consolidation for more than 2 months
The strong resistance is begin tested 3 times before , Now we can see bulls try for the 4th time to break it
I expect big move soon after breaking long consolidation range 📈
Weekly candle closure can help us for more confirmations
Share your opinions & asks below
ADA USDT 4HAfter the uptrend, the 3DRIVER pattern has been created and the uptrend has been broken
After breaking the uptrend, the price has become almost horizontal and the price has entered the range as a channel.
In the range of suffering, the length of the candlesticks is shorter than before and has had good reactions to the support and resistance levels. It is recommended that people who swing wait to exit the price channel and stabilize it.
Note that a higher price floor has been created (close to the previous floor) and the price tends to cross the price ceiling, which in the last encounter with the resistance, the negative market conditions have prevented the price from passing.
ADA, Cardano - a great pattern for long💥 But....Cardano is one of the most perspective coins for a long position at that time. Price is in a range of 53 days. Entry point only after retest key level. Potential growth - 50%. But don't forget to control the situation with BTC.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA/USDT - Will the big growth potential continue ? CARDANOUSDT💭 Look at Cardano globally.
Hello everyone, today I decided to show you a new chart of one of the top altcoins (currently top 5 by capitalization). Yes, since the end of November 20, the asset has started its native growth and has already added very significantly to the price, but despite this, the chart now shows such a beautiful picture, it is difficult to pass by.
I'm talking about a fairly large bullish triangle with a flat top that has formed over the past 2 months. The 2 previous highs give me the opportunity to determine a clear resistance at $ 1.5, but I do not think that it will be able to restrain the onslaught of the bulls for a long time - the pressure is concrete, which means that expecting a full - fledged exit up in the coming days is the only correct decision. But after that, there may well be a return to the upper border of the figure, the so-called retest from above, after which it will be possible to continue climbing towards$2. On the chart, I also marked a potential classic triangle, but I myself tend to be more inclined to a flat top.
Stochastics on the MACD crossed from the bottom to the top, which strengthens my forecast.
Bottom line: The trend in the market is super-bullish, and such beauty on the chart is ideal for continuing this trend. As an option, I consider the continuation of growth through the retest of the classic triangle in the area of $ 1.25, but this does not change the global picture - it only goes up, so work from longs, friends. Earn money.
I admit, there was a trading idea that would short, but without loss, there is no profit. Time puts everything in its place.
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Peep this ADA Monthly ChartIf you've followed any of my ADA posts you know I've been heavily invested since the $0.05 days.
This Monthly chart is very bullish.
- Over the course of the last 2.5 months we've established strong support between $1.15-$1
- Bear volume has been weak
- Cardano has since then been added to Coinbase Pro thus expanding it's exposure and availability to the public
- Cardano is FULLY DECENTRALIZED as of March 31st
We may range +- $0.10 over the next 2 weeks before having a performing month in May.
However, the Bitcoin chart, on the Monthly, is something you'll want to keep an eye out on.
At some point we will have a pullback month much like in the 2017 cycle. Obviously things are vastly different and given the covid situation anything can happen. However, by tracking BTC, it can give more context on the short term movement within the overall macro trend. So, if BTC has a pullback month in May, expect ADA to do the same.
Additionally, a pullback from BTC would allow it to establish a Monthly support to which we could then measure the possible target of the next leg up on a Monthly chart.
Cardano $ADAUSD Target PTs 2.70-4 and higherCardano (ADA) pierced the $1.48 overhead resistance today and climbed to an intraday high at $1.55. However, the bulls have not been able to sustain the breakout as seen from the long wick on the candlestick.
The bears have pulled the price back into the $1.48 to $1.03 range. They will now try to sink the ADA/USDT pair to the 20-day EMA ($1.24).
If the price rebounds off the 20-day EMA, the bulls may make one more attempt to push the pair above the overhead resistance at $1.55. If they succeed, the pair could rally to $2.
On the contrary, if the bears sink the price below the moving averages, a drop to $1.03 is possible.
My thoughts on current ADA situation at price 1.52I called it in last 3 Days you can go to check my last prediction (ADA for sure to ATH)
Right now we don't have that much of data to work with, BUT it's clear that if the candle right now close above the half of the BIG BULL CANDLE it will go to test resistance at 1.61
if it closed a lower than it's half price or at the same price the BIG BULL candle opened we may see a little bearish trend to the closest Support just to rest things and it will bounce back from it to 1.61
all the signs is still optimistic and telling us it will hit 2.1 - 2.2 sooner or later
Have good luck guys and tell me what you think ?
ADA in Next Few Hours !I can see the ADA will trying to Break the Resistance Zone (1.34) again in the next few hours
-You can scalp on it right now and take the profit from it's price right now to (1.34)
OR
- You can wait till it reach the Resistance and close a candle from their, it's signal to buy cuz the price will blowup to 1.41
Personally i am holding 50% of my Capital in ADA from now to ATH and scalping with other 30 % + 20 %
i could make a video on this way if their is anyone who is interested
what do you think guys ?
ADA Current Situation !!!So right now at the moment it's 1 of two scenario
1st : with current volume which is so good it may be go straight forward to 1.34 Resistance and that is the first target which is 5% gain
2nd one : it will bounce back to 1.23 test it as a Support and i think it will be a support from now on at the current bull run and it will start to accumulating again then break 1.29 resistance and will go for 1.34 resistance, Break it to New ATH
what do you think guys ? i think it's Sooo good right now for Scalping