Cardano, will it snap to 2 dollars? One moment please...Cardano
even though I would like Ada to snap to 2 usd.
A drop, sooner or later, is inevitable, market is overheated for ADA.
RSI is making lower highs, and ada making higher highs. So this is normally a bearish signal, it doesn't mean ada will now drop a lot, but a potential drop is on its way. So, as I always say, always buy the dip, so, again with ADA, prepare yourself to buy the dip! (not financial advice)
ADABTC
ADAUSD upwards trend maintainedADA seems to be maintaining the trend projected earlier for its upwards trend. It such an exciting thing to watch.
Side by side with Bitcoin the rise of Cardano (ADA) is phenomenal, which goes to show how strong its fundamentals are compared to any alternative coin.
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This content is for education purposes only. You should not execute any trade based on it. Please do your own research.
POTENTIAL cup and handle forming on ADABTC There may be a cup and handle pattern forming on the weekly chart for ADABTC. If this prediction is correct we should see a push to the upside soon. In support of this bullish bias, we are also approaching the 0.618 FIB level which sits around 880 sats. Let me know what you guys think!
THIS IS NOT FINANCIAL ADVICE DO YOUR OWN RESEARCH
Cardano Boppers 31Cardano Goguen "MARY" update testing began last month, hardfork to occur March 1st and turn ADA into a "MULTI-ASSET and SMART CONTRACT blockchain." If you haven't read up on Cardano's blockchain-tech advances, please read this full article from IOHK, the developer, immediately . iohk.io
"When Mary turns her crypto key within the network, we will unlock the mechanism for users to create their own tokens for a myriad applications: Decentralized Finance (DeFi), and countless other business use cases." -IOHK
ADA Buy the uptrend.ADAUSDT - Intraday - We look to Buy at 1.0287 (stop at 0.9924)
Daily signals are bullish.
Trend line support is located at 1.0250.
Short term oscillators have turned positive.
We look to buy dips.
Our profit targets will be 1.1332 and 1.1613
Resistance: 1.1000 / 1.1500 / 1.2000
Support: 1.0200 / 1.0000 / 0.9600
ADABTC rising wedge shortterm breakdown / correction in uptrendADABTC forming a rising wedge pattern which may likely to break down to the consolidation area around the fib levels ~50 - 61.8%, there is also good support from the EMA's. This seems like a reguar correction move based on the last impulse.
After this correction, there is a good possibility for upside. this is no financial advice.
ADAUSDT | Cardano is about to explode!Hello, traders!
Cardano touched the ATH today and bounced off it. What is the next for ADA? Let's go!
Technical analysis demonstrates that the price now is in ascending trend channel which started yesterday at the Bitcoin dip time. We can see the range with three significant support levels. Corresponding to this there are three possible scenarios.
"Green": the price will break through ATH and quickly reaches the $1.30 (weekly R1 pivot) level. It has low probability but possible.
"Blue": The price will go to the lower band ($1.07) of the channel and bounce off it to the upside. In my opinion this is the most possible scenario in case if the BTC re-test the $47000 level.
"Red": This scenario could play out in case of BTC retest $45000.
Can the Cardano go to the $0.81? Yes, but it is the least likely because if you look at the ADABTC technical analysis chart below it can be seen that the Cardano outperformes Bitcoin now. It broke through the R1 weekly pivot and if it is able to find support above it, the ADA can grow faster than the BTC.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
ADA Mary Hard Folk Bull RunADA Mary Hard Folk Bull Run
BINANCE:ADAUSDT
1st of March the first stage of the Goguen roll out goes live. Multi-assets functionality will be active
ADA has broken out and is expected to run till 1st March, therefore long the dips on the smaller timeframes for best entry point on leveraged trades.
Take profit 1: $1.25 - On the purple trend line
Take profit 2: $1.448 - 1.618 Fib extension
Good Luck with your trades
Cardano ADAUSDT - The Most Bullish ALT! + Local Elliott ImpulseCARDANO UPDATE:
- Cardano is currently one of the most bullish altcoin.
- The price is moving in Elliott Waves, we can expect some pullbacks on the resistance level around 1.3 USD.
- See my related idea about ADA vs ETH on the weekly timeframe!
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- Recently the price broke out of the symmetrical triangle (continuation pattern).
- Don't miss my upcoming updates and new ideas.
- You should definitely hold Cardano right now.
- If you want to see more of these ideas, hit "Like" & "Follow"!
#ADABTC : Inverse Head & Shoulders!ADABTC has formed a multi year inverse head and shoulders!
This Pattern makes me ultra bullish long term.
ADA has been all the hype as ETH is experiencing mega gas fees that have truly annoyed crypto traders!
ADA can take a few % of market cap from ETH fairly easily!
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ADA/USDT Potential Upward Movement 🚀🚀🚀Technical Analysis :
On the 1-hr time frame the price is trading within a bullish flag formation where the sellers are in control. Our expectation is a further move to the downside where we have the daily support @ 0.9791 level. This support might prove difficult and lead to a move upward to the 1.1661 mark.
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Trade Idea:
Buy Limit @ 0.9791
Take Profit 1 @ 1.1661
Take Profit 2 @ 1.2000
Stop Loss @ 0.9223
Trade Safely 🙂
Cardano HYPE!Cardano has performed extremely well over the past few weeks
Currently on the BTC pair price is perched above 2.618 on a medium term fib circle trend
Price movement has been relatively flat however when compared to the USD pair
I expect the USD pair to move up to the nearest fib challenge of 3.618 within the circle
Assume a buy scenario
Green circles are areas of support
Red circles are areas of resistance
ADA - Will it Bounce?Interesting opportunity on ADA/BTC here. Recently ADA had a break out of the bull pennant but came back to find the previous resistance as support. It is also hovering right over the 1750 fib level, seemingly holding that zone. I would accumulate here in case ADA happens to bounce, as indicators are looking good right now.
Entry: 1700-1750 sats
Stop Loss: 1650 sats
Targets: 1900, 2000, 2100 sats