probably effect of VASIL hard fork on ADA price In this post, I have tried to show the impact of each of Cardano's previous hard forks on its price. According to the chart, Cardano has a 1.60 two-month target. But in the short term(next week), decrease of Cardano TVL could make it bearish. pullback to 1.020 is possible. We have the Vasil hard fork ahead in Jun.
Shelley
$ADA/BTC 1W (Binance Spot) Huge symmetrical triangle breakoutCardano has pulled back towards 100EMA and is preparing for the big bull-run to come, time to full swing!
Current Price= 0.00002886
Buy Entry= 0.00002893 - 0.00002513
Take Profit= 0.00004463 | 0.00006935 | 0.00012294
Stop Loss= 0.00001998
Risk/Reward= 1:2.5 | 1:6 | 1:13.6
Expected Profit= +65.11% | +156.57% | +354.83%
Possible Loss= -26.08%
Fib. Retracement= 0.618 | 1.117 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 1.25 years
cardano.org
$ADA/BTC 1D (Binance Spot) Falling wedge breakout & pullbackCardano broke out of that big falling wedge, this is surely a bullish pattern, fill your bag in the zone.
Also, 100EMA seems to be supporting the current price action, and fundamentals are very positive (Shelley release)!
Current Price= 0.00000831
Buy Entry= 0.00000831 - 0.00000781
Take Profit= 0.00001034 | 0.00001162 | 0.00001348
Stop Loss= 0.00000692
Risk/Reward= 1:2 | 1:3.12 | 1:4.75
Expected Profit= +28.29% | +44.17% | +67.25%
Possible Loss= -14.14%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1080h
ADABTC - Impressive pump continuesStill going up, broke long-term resistance at 0.00001065 BTC. Growth continues on positive news, including on Shelley protocol integration that will officially arrive at Cardano blockchain on July 7th.
Usually, after major updates "sell news" happens, but given the strength of the pump and the breaking of resistance, I will observe the behavior after July 7, trying to buy a dip. Ofc if BTC falls I'll cancel this plan.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
ADAU20 Bullish Channel - Fundamental Play ADAU20 contract is moving short term inside a bullish channel. Recently got rejected in 1000 SATs area before dumping to 950 SATs.
It bounced on key levels which are my current entry point. Given fundamental interests in play, such as Shelley Hard Fork upgrade which will ultimated end of this month, can see only upside with this coin.
Will accumulate at any dip since the coin is showing Potential
Target Price 1070 - 1100
ADA on Huobi staking coming to Cardano!ADA has had a nice rally and with the upcoming Shelley protocol, things are going to get interesting.
As you see RSI is overbought and the increase seems to be coming down a bit - its hard to say if its going to POP UP or fall down to accumulation period!
Lets see what also happens to the upgrade and if it is deployed easily by the details listed on the project site.
You can now STAKE ADA on Huobi - so that is an amazing part of grabbing ADA right now.
See you next time,
Huobi
Risk Reminder:
1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions.
2. Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.
Cardano Short Before ShelleyOver the past few days, Cardano has seen tremendous growth as a result of the Shelley launch date announcement. Massive spikes like this are almost always followed by a temporary market short. This is confirmed by the MACD and Bollinger Band SMA breaking strongly to the downside. I expect consolidation around $0.07, maybe slightly lower. After consolidating, the long-term trend should continue upward throughout June. If Shelley is successful, you could expect a rally above $0.10 soon.
MONEY ZONES into 2021 ADAA slow conservative approach to technical growth
.20 - .25 = x4 / 2021
If we don't continue with a rising wedge we will have a triple bottom and a very fast impulse up. 3 years of consolidation and build up just means more power over time.
Anything is possible when 2023 comes.
Especially if we are above .25 in 2021
.05 price today @ 100,000 ADA = 5K USD
5K today (could) make you 100,000 dollars within a 10 year span
Hindsight 20/20 just keep swimming and work on more than one avenue in your life.
Its summer take a break wait for SeptWe have been blindsided some with a corrective deeper structure in technicals on price due to the uncertainty currently in the market. Don't be overwhelmed with your assets. Cardano's best days are ahead and I have no doubt we will see a bright future with ada if you just stick with the growth in the coming 10 years. Thats right...I said it...10 years...we have a long way to go, but that isn't a long time to do it!
ADA Cryptocurrency will be needed for Smart Contracts. Every transaction made on the network tells a story and smart contracts write the scripts for these stories. ADA will be the actor in the accumulation of data between transactions. Lets not forget about the treasury system and the upcoming launch of Shelley overall.
Charles recently commented about how volatile the market will be because of the crazy announcements of Libra and the uncertainty showing in the market.
The society is changing and the culture of this market is becoming regulated and it is now a time to be patient once again as more fundamental development shows itself.
It is highly important to stick close to the growth of the real world use case of your digital asset. ADA is not always clear but there are many important functions that this native cryptocurrency will play in Cardano Ecosystem.
As the crypto fanatics say...HODL strong :) IOHK is here to stay. This is a marathon not a sprint. Have two bags if you are sprinting along the marathon.
;) I have added 4,000 more ada at .052
My laddered positions are at the following.
.022
.042
.052
.076
.08
.17
.20
.28
Assets bought at .28 we later hedged and flipped from .03 to .09 for a x3 return to try to break even. I just kept the profits and added into the holding. I wont pull unless we hit $1
In it to win it :) stay savvy traders and always keep in mind price action changes all the time. An idea is an idea for the moment until the market prints us the story. Always take trades with managed risk. Thanks for following! Not much more room to go for ADA but I have set another buy entry at .032 again :D
Time to start stacking for the staking!
A break of the bearish channel is what we are looking for in order to go long again. August Shelley updates will be released and more on Shelley launch will be released soon. Awaiting Charles Hoskinsons next AMA. He loves to keep us informed. His focus will be ADA as soon as he gets back from vacation.
Happy trading everyone!
ADABTC GOLDEN CROSS SOON ADABTC now is situated into a fwedge which will break upward soon,We have a very good 3D MA support,stochastic is going upward ,RSI is bullish because we are above 50 and also the BUY momentum still coming
Target of this wedge is at 1360 sats
Many news will come like:-Cardano 1.5 Mainnet,Ourboros hardfork,Shelley testnet-Shelley mainnet and ledger integration.The price will go up hard.After we will pass 1360 sats we will going to 1930-1988 .Good luck
ADABTC Re-buyADABTC was situated into an ascending channel and now they are broked down Which means now they will make a correction. If we check Stochastic RSI we have a clearly bear cross. RSI is situated above neutral zone but it s still dropping.
So,in this case,probably we will going down,keep your eyes in these fib supports
Re-buy 1044-1102 for long term
Don t play it on BITMEX
ADA BTC Longterm BUY
ADABTC is situated into a huge falling wedge which is a reversal pattern.Now is a very good question if we can make a breakout from this channel or not,anyway in my opinion in long term will grow exponentialy with a first target of 2864 sats which is 160% potentialy gains for here.
Note,major support of this chart it s near 700 sats and there are also a support from wedge.In my opinion this is a good long term buy.
Q1 2019 first shelley testnet and in late q1 mainnet launch which means descentralization and staking oportunity with 3,3-3,7% ROI/year
Q2 2019 Goegun we can bring us to mass adoption