Financial Wave. ADA(Cardano)Our priority scenario in Cardano once again led to these goals, and we continue to follow it. In our opinion, wave iii is developing in ADA, which can bring prices to $0.4307. If the price of Caradano drops below $0.3323, this markup will change.Longby Financial_Wave2210
ADAUSD 60 % drop coming - be ready!Many persons won´t like this idea but the fact is that ADAUSD remains in the downtrend. Small bounce only to get rejected from the downsloping resistance line is still possible but generally we expect ADAUSD to continue its downtrend as other alts most likely will do. - September is usually bloody for crypto - BTC.D at the key support - bounce expected which would be bad for altcoins market. - every bounce to the downsloping resistance line is a short opportunity. - if the price reach our buy zone, it would be a 95 % drop which is similar to drops that we saw for many alts in the 2018/19 bear market - Be patient! Shortby vf_investmentUpdated 292926
ADAUSD - Upward move coming - 2023!It looks like Cardano it's going to start 2023 well. On the 4-hour timeframe chart(left), Cardano's price is showing Regular Bullish Divergence. The Divergence is indicated by the Relative Strength Index and the Stochastics. On the daily timeframe chart(right), Cardano's price is showing an Oversold condition. The Oversold conditions are indicated by the Bollinger Bands, Relative Strength Index, and Stochastics. Both charts complement each other. The new innovative plans for 2023 are in line with these ideas as well. Enter your long position only if/when the candle closes above the key level and confirms it as a support. All further details are shown on the charts. Good luck! Longby vf_investmentUpdated 101010
Cardano (ADA): a new fork is comingNews released during the last week from Input Output Global (IOG) supported ADA`s price during the previous week, in line with general market optimism after data showed slowdown in the US inflation. Namely, Cardano developer announced a release of a toolkit which would allow developers to build side chains, and increase scalability of the Cardano`s network. ADA made a significant move to the upside during the week, starting around $0.27 level and reaching a short term resistance line at $0.35. Significant push in price, supported by increased trading volumes, moved the RSI indicator to the clear overbought side of the market. The indicator is currently moving around level of 78, which is a heavy overbought side. This is also an indication that short term reversal might be expected in the coming period. At the same time, there is no change in movements of MA50 and MA200 indicators, as they still continue to flow as two parallel lines and still with a downtrend. ADA was supported during the previous week with both increased market optimism and announcement of a new fork. It will take a few days until the market calms down, in which sense, the price might start the week ahead with continuous testing of $0.35 resistance. Since the RSI reached a heavy overbought side, it decreases the probability that the price might go much higher from current levels. In case that the coin enters into a short term reversal, the support line at $0.30 might be tested. by XBTFX333
Neutralif we succeed in breaking the downward trend , we can reach the targets of 0.40-0.42-0.50-0.57-0.64 . But if we do not succeed , our first support will be in the range of 0.33by Mohsenzanganeh2021221
CARDANO Historic Cup & Handle slowly starting the new BullCycle?Cardano (ADAUSD) is having a good start for the year as the price is about to hit the 3D MA50 (blue trend-line). This is the level that has been unbroken since November 15 2021, basically throughout almost the whole Bear Cycle. As you realize a break-out above it would be a major bullish development for Cardano. Such a break on January 07 2019, was what effectively confirmed the start of the previous Bull Cycle. At the same time, the RSI broke above its Lower Highs trend-line, which is exactly what happened this week. As you see, based on the Jan 2019 fractal, an RSI pull-back now would mean short-term loss of strength for ADA but when a full 3D candle closed above the MA50, the price made the break-out towards the 3D MA200 (orange trend-line). Its target was the 0.382 Fibonacci and this is what we will target (0.6400), in case we get that candle closing above the MA50. This time however, ADA has another strong pattern to support the idea of a new Bull Cycle and that is its historic Cup and Handle (C&H) pattern that has been trading in since January 2018. As you see, the current Bear Cycle (being within a Channel Down) can be viewed as nothing but the Handle of the Cup. Technically the target on such patterns in extremely high, which would be unrealistic based on its market capitalization, but holders can finally start believing a little more to new All Time Highs for ADA. For now take a quarterly step at a time and use the 0.382 Fib and 3D MA200. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot5580
ADA: Potential Targets AheadOn the weekly chart, ADA has been forming a wedge pattern since May 2022, which has finally broken out. If the bullish momentum continues, the next major resistance zone would be around $.40 - $.43. Invalidated if it falls below the trend line.Longby LA_Designer223
Cardano analysis and best entry points for next bull run Our chart for today will be cardano as I believe this coin may provide a very good risk to reward ratio. And always check the volume analysis so you don't pay higher prices for assets.Long07:31by MoemenAwadalla112
Financial Wave. ADA(Cardano)Our priority scenario in Cardano remains the same: a rise in wave V could take the price to $0.3630. A price drop below $0.3006 will reverse this scenario.Longby Financial_Wave229
ADA about to break out the descending trend since 2021The ADA USD monthly chart is showing that the ADA price action is about to break out the monthly descending trend since 2021 (nearly two year of bear trend). We need to have confirmation after a few week, but, as seen in the monthly RSI, the ADA price action has touched (a few weeks ago) the lowest point in history (in December 22nd 2022). This might be a bullish sign.Longby centuo2
How To Swing Trade CardanoAfter twenty five years trading this is my favorite strategy to trade Cardano . The 8 hour time frame is ideal for swing trading with three potential signal periods a day. This accounts for the Asian, European and American sessions allowing you to have the rhythm of the market. The 8 hour also does a fantastic job filtering our noise while holding trends yet giving you early warnings of trend changes to get out. I highly recommend this for something willing to put in the extra work required to swing trade for the extra profit potential it offers.by JordanLindsey335
HOMERUN 2022-2024 | For Serious Folks Only plant now and maybe just maybe 100 days later shall be rewarding approaching June 2022... note: expect Drawdown by December Jan for re balancing towards first quarter boom run have a dormant account for retiremnt and open a dedicated trading account to squander and keep yoursel entertained . == these are just samplers with not much liquidity or pretending to be dead good lucks and keep safe LEGENDS.. your friend Senyorby senyorUpdated 161613
ADA 1h chart cardano is on good way and its so possible to touch this level Follow for more!Longby Trade_crypto10Updated 3
Cardano is losing its footing.ADA is under support, if a predator sees a weakness, it will try to attack. Shortby trader-123456Updated 515122
ADA ; update ; looks like a full blown turdADA ; update ; looks like a full blown turd that double bottom i was looking for fell to pieces. s and p etc looks to be wanting to at least double bottom, sweep the lows as well. they are gonna darth maul this shit while everyone is getting christmas drunk and eating too much. hard to think when your in a carb coma. knife catching the potential capitulation wick would be sick; make sure you do it on low enough leverage that you don't get blown out when it tripple wicks on the lower time frames. 15-18c ish looks like the sweet spot if history repeats. so far its looking pretty friggin similar. i think you will have time to buy that dip, no need to go full degen and watch this shitshow of an asset class every second. gl to you gentleman and ladies. have a good christmas/new years with your families/friends. by Crypto-Quantum-FoxUpdated 224
Morning Update: ADA needs OMH to complete 5 waves upNot much to add with respect to ADA. We have an impulsive structure that appears to need OMH. Best to all, ChrisLongby maikisch111119
Financial Wave. ADA(Cardano)Our priority scenario in Cardano has adjusted slightly. The final wave 5 may bring the price of ADA to $0.3630. A price drop below $0.3000 will change our markup.Longby Financial_Wave116
Cardano (ADA): a good startWhole previous year was not at all good for ADA, as the coin reached new historically lowest levels. The coin ended the previous year at level of $0.24 which is a new low for this coin. However, the start of a year was in a more positive mood, as ADA managed to revert a bit its price and erase some of the previous losses, by reaching level of $0.28, where it is ending the week. Daily trading volumes continue to be extremely low for ADA, but on a positive side is that buying orders were dominant on the market during the first trading week in this year. In line with the spot market, RSI was pushed to the levels above 50, which indicates that the market is more oriented toward the overbought side. Moving averages of 50 and 200 days did not change their course and continue to move as two parallel lines with clear downtrend. As per current charts there is potential for ADA to test the resistance line at $0.30, but it will occur only if there is enough market strength for such a move, considering quite low daily trading volumes. On the opposite side, the price might revert a bit down to $0.25 to test this level for one more time. by XBTFX2
Morning Update: Crypto Goes Boom! Part 1Boy, is it nice to be awaken in the night to sound of alert beeps going off and its NOT because Crypto is going down. After completing its initial wave 1, ADA price experienced very short and shallow wave 2. We obviously wake up this morning to a wave iii of 3 extending beyond standard Fibonacci resistance areas. Given the extension, we now expect a minor wave iv and v for our wave 3. A wave 4 and 5 should follow. If ADA remains impulsive, and continues to extend, this wave (i) on an intermediate basis should conclude in the areas of the next Fibs .359 to .393. Best to all, Chrisby maikisch2217
Morning Update: Sheer PerfectionADA price has successfully carved out a 5-wave pattern to the upside. Having completed that, I now expect ADA to retrace in a wave 2 into the target box of $0.262 to as low as potentially $0.246. Upon a successful retracement and HOLD of $0.246, the next time ADA breaches $0.277 it should do so impulsively. Things are starting to get exciting within the ADA chart folks. Best to all, ChrisLongby maikisch3320
Are we close to the bottom?...well DUH!!!Falling wedge... BULLISH ...we could have one more step down before we see bottom @ .18 cents. This is a good area to start DCA...in my HUMBLE OPINION...good luck! Happy Trading!Longby jimmythis343114