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 $1.20 region this week.
Watch for current formation to possible pull price down, good buying?
Cardanousdt
ADA Goguen era coming in Q2Smart contracts allows projects to transfer from Ethereum to Cardano, creating good opportunity for projects to save on the Eth gas fees.
If the Alonzo "hard-fork" works successfully, we will officially be in the Goguen era and projects will start transferring over from Eth.
This mean we could seeway more transactions on the Cardano blockchain, increasing the demand for its native coin, the ADA.
There will be a certain fear before major Alonzo "Hard fork".
ADA might retrace to sub 1$ 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.
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow?
If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely.
But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall.
The nearest support area is $0.37-0.38
Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
Cardano ADA still performing well, but don't buyWarning: our thoughts are ours; not financial advice.
If you have bought Cardano before now, then good for you. You are at an insane profit right now.
But if you are contemplating buying some Cardano right now, please hold on to that thought. You might be buying Cardano at the top. You definitely don't want that. There are a lot of cheaper assets to buy presently.
However, that's not to give up on buying Cardano. We'll consider a huge dump down to 83 cents a great buy zone as of this moment.
ADAUSD to all time highThe resistance curve below might indicate ADA is heading to a new all time high, which might allow it to cross 1.5 for the first time.
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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.
ADA/USDT - The diverging wedge. Important levels. CARDANOADA / USDT
Hello dear friends.
ADA (Cardano) coin under review
There is every reason to believe that ADA has formed a "Widening Wedge", which is a signal of the end or the imminent completion of a local uptrend.
There is an understanding of the seller's zones and the buyer's zones. Seller's area: block 1.38-1.61 $, block 1.17-1.29 $. Buyer's area: block 0.845-0.957 $, block 0.625-0.722 $.
Dynamic support (0.97) and resistance (1.65) are also known, on the chart as dashed lines. Coupled with a wedge, there is a double divergence at 1D TF, which indicates a damping trend.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠