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ADABTC

Cardano in 2021 vs Ripple in 2017Yet another long term chart. Heres why I think ADA in this bull market can be what XRP was in the last cycle: 1. ADA IS , like XRP WAS, a top 5 coin 2. ADA has a lot of believers and a lot of haters. XRP was probably the most hated coin in 2017. 3. People who hate ADA are convinced it is useless (similar to XRP). Now XRP has been proved to be useless. With ADA, we don’t know. 4. XRP has seen two mega cycles, ADA has seen one. A comparison of price action over the long time period shows ADA’s bull target should be somewhere between 7-15 USD. If you think this valuation is ridiculous, guess what? Back when ripple was worth 3 cents, a forecasted value of 30 cents was deemed to be ridiculous. XRP eventually went close to 3.4 USD. Now you might argue that using that logic, ADA could do a 100x to 100 USD: That is highly unlikely because of the market maturing as a whole. Also there are a lot more alts that will suck liquidity. I will not be shocked if ADA goes to 6-7 USD this year, comparing XRP’s performance in 2017, this is a conservative estimate. 15 USD is also possible. Both these levels were obtained by comparing fib levels between ADA and XRP. Good luck!
POLONIEX:XRPUSDLong
by brotoshee
4
Cardano (ADA) - April 1Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- We have to see if we can get support and climb in the 1.15577388-1.22749797 section. In particular, it remains to be seen if it can rise along the uptrend line. If you go down at 1.05403273, you need a short Stop Loss. If it falls between 0.84429438-0.94060159, a Stop Loss is required to preserve profit and loss. It remains to be seen if the CCI line can rise on the CCI-RC indicator. If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary. --------------------------------------- (ADABTC 1D chart) We must see if we can quickly ascend above the 2097 Satoshi point. If you fall from the uptrend line, you can touch the 1705 Satoshi point, so you need to trade carefully. If it falls at 1705 Satoshi, Stop Loss is needed to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, you need to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:ADAUSD
by readCrypto
1
ADA Cardona forming a head and shoulders patternFellow traders, Be prepare for the next move. It appears to me that the completion of the head and shoulders is completing now and we are going to see the last part of this pattern. In my opinion this is really needed for ADA to continue upwards on a solid ground. Also it's a very good opportunity to buy at the bottom and collect your profits later. What to expect next is we will revisit the 1.13 area, and following that to revisit the 0.96 area. If we go below the necklines, than we have confirmation of what is going to happen next, correction to the level of 0.75 area. Goldens buying opportunity between 0.85 and 0.75 to open a long position. Please trade at your own risk.
KRAKEN:ADAUSD
by PatrickHob
9
Cardano (ADABTC) - Coin of the weekCardano is a proof-of-stake blockchain network that aims to empower "changemakers, innovators, and visionaries" to effect lasting social change. The open-source project also seeks to "redistribute control from unaccountable institutions to the margins to people," resulting in a more stable, accessible, and egalitarian community. Cardano has a price today of $1.22 USD with a 24-hour trading volume of $6,719,866,914 USD and a market capitalization of $39 billion. It has a circulating supply of 31,948,309,441 ADA coins and a max. supply of 45,000,000,000 ADA coins. Cardano started an uptrend on the daily timeframe in the middle of January and topped on the 27th February at the price of 0,00003195 BTC per ADA. From the 27th of February until today we are in a retracement that looks (now) like its correcting for at least one more leg up. On the 4h timeframe we have a structure that started in the middle of March and it’s still developing. Crucial zones that will determine the future direction of this pair are the support area and the minor resistance marked on the chart. If we see a down move that will break the support it will increase the chances for a deeper retracement. If it will break the minor resistance and will consolidate there, we should see the price trying to reach the major resistance. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Short
by financialflagship
38
Cardano (ADA) - March 26Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- It remains to be seen if it can rise along the uptrend line and climb to the 1.15577388-1.22749797 section. If it falls between 0.65370521-0.72542930, Stop Loss is required to preserve profit and loss. If it does not fall below the downtrend line, an uptrend is expected. ------------------------------------------ (ADABTC 1D chart) We have to see if we can get support at the 2097 Satoshi branch and ascend to the 2511 Satoshi-2649 Satoshi section. If it falls in the 1545 Satoshi-1683 Satoshi section, Stop Loss is required to preserve profit and loss. I touched the important point, Satoshi 2982. We need to see if we can stock up on power while moving sideways in our current position. (1M chart) -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:ADAUSD
by readCrypto
3
ADABTC - Head and Shoulders on the dailyIf this head and shoulders is confirmed for the ADA-BTC pair, it's going to get very very ugly, and probably very quickly. The downside is massive from the top of the head to the neckline, measured below the potential bearish break point. The overall trend is still very bullish, but short term momentum has slowed, which could potentially lead to larger breakdowns in price action depending on what the BTCUSD pair does in the coming days. The most recent 5-7% dip in BTCUSD price weakened a lot of other crypto pairings, causing similar pullbacks market wide. If that dip turns into a longer term correction, odds start to stack up against a continuation of the bullish trend, and start leaning into bearish territory. My plan is to remain watchful for breaks below any key levels of support, and to exit positions if that occurs, without hesitation.
by Crypto_Mayhem
1