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Cardano

Honestly, I don't feel like explaining, the chart says it all !!Hi. COINEX:ADAUSDT ✅Today, I want to analyze ADA for you in a 12H time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves . ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. ✨Targets are: 🎯$0.52 🎯$0.57 🎯$0.62 🎯$0.685 🎯$0.73 🎯$0.775 ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
💎 DogeCoin (DOGE) - More Bullish? Let's see! (READ THE CAPTION)By checking the #DogeCoin chart in the weekly time frame (logarithmic), we see that the price is trading with more than 10% growth in the range of 16 cents, and by maintaining the support of the $0.124 range, we can expect the price to grow to higher targets! The price targets are $0.229, $0.35, $0.374 and $0.75 respectively! The expected yield of this cryptocurrency in the long term is above 300%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
14
Cardano provides probably last opportunity before pumpHi everyone, After reaching local high at 0.8 which was indicated in my previous idea Cardano started to decline falling up to 0.57 support level. Few times ADA price bounced from this support and again trading around it. Since halving is coming and usually real altseason starts after this event I think that ADA price is placed in very good spot to enter in to position. Cardano price already showed its willingness for rise and it's obvious that price will start pumping very soon. There is 0.46 support level to consider up to which price can continue to fall before and after the halving but I doubt that we'll see ADA price lower than that. Overall current ADA price provide rare opportunity to enter a position but downward move up to 0.46 is possible. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
12
ADA: Approaching SupportTrade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Swing Traders: That support zone could be robust and a potential swing trade entry, with +15-20% potential upside back to $0.57. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.
Long
by altFINS
🐳Cardano will Go Up Again🐳Hi. BINANCE:ADAUSDT ✅Today, I want to analyze ADA for you in a 12H time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves . ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
ADA’s Price Spike 8% As Cardano’s Treasury Hits $1.5 BillionThe treasury of Cardano, a decentralized blockchain platform, currently holds a value of $1.5 billion, reflecting a growing confidence and support for the Cardano ( CRYPTOCAP:ADA ) ecosystem. This accumulation of funds is noteworthy due to the upcoming shift in decision-making authority regarding the use of these treasury funds. Unlike traditional centralized systems, which often involve a select few making decisions, Cardano ( CRYPTOCAP:ADA ) has adopted a decentralized approach to empower its community in determining the allocation of these resources. Despite recent market challenges, Cardano's native cryptocurrency, CRYPTOCAP:ADA , has demonstrated notable resilience by rebounding 8%, indicating strength amidst adverse conditions. The price of CRYPTOCAP:ADA has been volatile lately, with a 20% plunge since April 12, which can be attributed to broader fluctuations observed across the cryptocurrency market. Nonetheless, despite the short-term fluctuations, technical analysis and historical trends indicate CRYPTOCAP:ADA 's potential for sustained growth, fostering optimism. The current state of CRYPTOCAP:ADA showcases robust trading volume and open interest, indicating growing investor confidence in its future trajectory. Its current price stands at $0.49547, supported by a market cap of $18.2 billion. Additionally, Cardano's open interest has surged by over 7.43%, reaching $167.2 million. Investors are closely monitoring CRYPTOCAP:ADA 's price movements, particularly in light of recent turbulence in the broader cryptocurrency market. As Cardano ( CRYPTOCAP:ADA ) continues to evolve and expand its ecosystem, the outlook remains positive, with CRYPTOCAP:ADA well-positioned to play a significant role in shaping the future of decentralized finance and blockchain innovation. With a clear focus on scalability, interoperability, and sustainability, Cardano ( CRYPTOCAP:ADA ) is poised to realize its vision of creating a more inclusive and accessible financial system for all.
Long
by DEXWireNews
ADA/USDT show a bouncing from the support, potential back to UP💎 The recent market dynamics surrounding #ADA have indeed been quite notable. Currently, ADA is positioned on the support area. 💎 Historically, when ADA has touched this support area, it has exhibited significant upward movement. Therefore, there's potential for ADA to replicate this pattern by bouncing off the support and resuming its upward trajectory, possibly testing the bearish OB area. 💎 However, if ADA fails to sustain the support or bounce effectively, it could signal a loss of momentum and potentially lead to a breakdown below the support level. This would result in continued downward movement, possibly towards the Bullish OB area. 💎 At the Bullish OB area, a bounce and reclamation of price above the support level would be essential to resume the upward trend. If successful, ADA may have an opportunity to reach our target level. Conversely, if ADA fails to hold above the Bullish OB and breaks below it, further downward movement may ensue.
by MyCryptoParadise_Nathan
ADA: Approaching SupportTrade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Price is also oversold (RSI < 30) and could bounce up near-term. Swing Traders: That support zone could be robust and a potential swing trade entry, with +15-20% potential upside back to $0.57. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.
Long
by altFINS
ADAUSD: 1W MA50 holding. About to explode parabolically to $5.00Cardano tested last week and held (closed the 1W candle over it) the 1W MA50 for the first time since October 2023. The 1D technical outlook is oversold (RSI = 29.115, MACD = -0.050, ADX = 36.349) and the 1W timeframe bearish (RSI = 44.076). The pattern it is printing though is very much like September 2020, when after successfully holding the 1W MA50, it started rising again until it broke out parabolically above the HH trendline. The Cycle top was formed a little under the 1.236 Fibonacci extension. Consequently we are targeting the same symmetric Fib (TP = 5.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:ADAUSDLong
by InvestingScope
1
ADA is gonna Reach $1 One way or another!!!Hi. BINANCE:ADAUSDT ✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves . ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Cardano Update: Growth Since Entering at Wave 4Since entering Cardano at Wave 4, we've seen a 30% increase and anticipate further growth towards the overarching Wave (1). Subsequently, as expected, there should be a Wave (2), which would likely result in a deeper retracement, potentially flushing some participants out of the market. However, there remains a significant upside potential until then. The exact peak of Wave (1) is yet to be determined. We've already secured some profits and have adjusted our stop-loss to our entry price to avoid unnecessary risk. Given our long-term investment in several altcoins, there's no need for greed. Should we surpass Wave 3 significantly, we anticipate a ceiling around $0.90. Rest assured, we'll keep you updated, especially if there's an opportunity to take profits beforehand.
CRYPTO:ADAUSDLong
by stromm_by_wmc
ADA/USDT SPOT BUY SELL ZONES 13.03.2024I am pretty bulish about ADA , it left so much liquidity and few high time frame BPR's (balance price range/ double imbalances) during the last drop. This BPR's are will be my take profit levels, only about 30% of my spot position will reach the ath (even if it ever will). It is possible target to reach but i am playing it safe. Green thick bars are places to buy, for quick correction, deeper, and my favourite: correction for the entire upward movement. I will place there my orders waiting for quick wick
Long
by HallFer
Bunching of Moving AveragesTypically, when you see moving averages get tighter and tighter together, there is a big move coming and its typically in the direction of the side that current prices action is on. This bunching of moving averages happens on many assets but for crypto, the moves that happen after are exponential. As an avid Cardano contributor and trader, here is what I am seeing on a 5day (can also be seen on a weekly). Examples of this same bunching of moving averages can be seen on ETH, DOGE, BTC, etc. if you go back in time. Currently, Cardano is one of the only ones that is in this position.
KRAKEN:ADAUSDLong
by seanders_
1
ADA/USD: Wave 2 correction or something more sinister going on?For what it was looking like a very bullish 1/2, 1/2 setup last week, now has invalidated after price broke down below $0.45 today. However, it is still within the parameters of an expanded B wave and now a C wave for minor wave 2. The wave 3 of 3 of C has been incredibly strong as it should, and we should see a relief rally for wave 4 shortly. An incredible re-buying opportunity will present itself at the golden zone $0.35-$0.34 area but it must be with some caution. If price falls below $0.3, then the bearish scenario of this entire rally since last Oct being a 3 waves move becomes more probable and a more price breakdown may ensue to continue the intermediate Y wave toward $0.15. For now, I am sticking with the bull case and have some fiat ready to convert.
BINANCE:ADAUSDLong
by mukit1
The Market Trend Has Recently Shifted DownwardIn the 4-hour timeframe of ADA, we previously observed an upward trend, which warranted the drawing of an ascending trendline. However, the market trend has recently shifted downward, confirmed by the breaking of the first significant support, known as the blue box. This area, previously recognized as the main support, has failed to prevent a price drop, resulting in a significant decrease in Cardano's price. Given these conditions, the downtrend is expected to continue, and any price increases should be considered temporary and minor.
by MonoCoinSignal