Cardanousdt
Cardano about to break the Symmetrical TriangleCardano is about to break the Symmetrical triangle that had been forming since February to the upside, we are also at the bottom of an ascending channel, this could take Cardano to break the Triangle very soon maximum by next week but I strong believe it will be before Wednesday, this could take the prices to around $1.75 in the next few days and more than $2.00 after till we hit the top of the channel.
Cardano AnalysisHi guys Today I want to analyze cardano for short term before close of weekly candle so it is my prediction and maybe it is not true! I have 3 scenario :
1- Yellow path : cardano will has a bit retracement and again move to break this downtrend channel
2-Green path: cardano will break the channel and after pullback to top of the channel go for new ATH
3- Red path : cardano will move down to touch the bottom of channel
Please pay attention to hidden divergence on RSI
$CARDANO vs USDT. 12 March 2021Probability 1. Consolidation between $ 1.00 to $ 1.15 to break the resistance of $ 1.20
Probability 2. To break the last resistance of $ 1.20 and go up to $ 1.47 - $ 1.70 while maintaining the price
Probability 3. Fall sharply and quickly to $ 0,82 in the event that bitcoin falls and dragged the market
ADA Waiting for a breakout - Trade ideaHere's a quick look at ADA 2 hr chart. Symmetrical triangles has been playing out very nicely the pas few days and here's an example of a symmetrical triangle that hasn't played out yet. Wait for the breakout.
The idea is: Buy the breakout from the Symmetrical triangle shown in the chart. Take profits at the level shown in the chart.
Targets:
1. 1.27$
2. 1.37$
3. 1.49$
4. 1.7$
Follow me for daily trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ADA usdt - Concerning bear candleCardano was having a good run even breaching the $1.20 resistance.
Naturally there was a pullback. And you'd expect with the formation as it stands there'd be a rise towards the 1 or 4 hour resistance.
No, we have this ugly bear candle ruing the pictire!
Good EMA, good trade volumes.
Good time to buy before the rise?
ADA usdt - tight 1 & 4 h resistanceThe bullish candle shot to $1.20, but the next candle dragged it back down. The $1.19 resistance proving to hard to climb above.
But with a strong EMA and good market demand, we;ll see a climb into the $1.20 region this week.
Watch for current formation to possible pull price down, good buying?
ADA Goguen era coming in Q2Smart contracts allows projects to transfer from Ethereum to Cardano, creating good opportunity for projects to save on the Eth gas fees.
If the Alonzo "hard-fork" works successfully, we will officially be in the Goguen era and projects will start transferring over from Eth.
This mean we could seeway more transactions on the Cardano blockchain, increasing the demand for its native coin, the ADA.
There will be a certain fear before major Alonzo "Hard fork".
ADA might retrace to sub 1$ prices after next pump.
In the years-long run, ADA will catch up on ETH and reach 200G market cap.
It might not be as quick as presented here, but it is a certainty that the Cardano team at IOG and IOHK will not stop working until they built the worlds best blockchain!
ADAUSD poised for growthADA growth curve adjusted after the recent semi-crash of markets. Its adjusted trajectory might hint at a higher price target than earlier estimated. It remains to be seen if the regained confidence in the market will continue.
At least for now, ADA has regained its position as the third largest crypto asset by market cap.
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This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
CARDANO PRICE- How we entered again PERFECTLYIF YOU HAVE BEEN FOLLOWING YOU KNOW OUR LOVE FOR CARDANO
Ethereum's main competitor (some call it Ethereum killer) took a pause (blame Binance?) and it's on the rise again
In our last idea here you can see how we called the support PERFECTLY .
It's a buy and a keep until something changes...
Take care,
the FXPROFESSOR
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.