ADA needs to re-take 1.31 to disrupt potential topping patternI'm currently long ADA and remain bullish but some concerns on recent price action indicating possible double top forming.
Bulls need to re-take 1.31 as a show of confidence and to help increase odds of a push to break higher to new ATH in the very near-term.
If 1.31 fails we could see further leg down to test neckline level near 1.00...
Cardanousdt
ADA usdt - Pushing all resistancesStrong buying volumes on Cardano is pushing all 1 & 4 hour candles beyond the resistance lines.
After news broke that the US-based exchange Coinbase Pro will list the asset on its platform if liquidity conditions are met.
Plus Stimulus cheques being released in the US.
Confident we'll see new ATH's for ADA.
'ADA let's go' - 11 hours later / 19,3% higherWell guys, just a few hours later and my post today seems to have worked again.
11 hours after my Ada - let's go let's GO post and Cradano is the one crypto with the best performance in the day.
After all the charts never lie...
PS. I am a traditional fx and commodities trader but reading the charts is the same art in cryptos as well
One love,
the FXPROFESSOR
ADAUSDTHello to you all. Mars Signals team wishes you high profits at all times.
There are good news around Cardano where in a few days it is going to be listed on an exchange. If it is able to break this white line, it will be a good area for you can buy it. This currency is recommended for long-term investment.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
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!