Cardano had an interesting last week whereby it rose into the fifth spot on the market despite the freefall in price. The staking platform boasts of a market cap of $48 billion and trails immediately behind Binance Coin. The trading last week was gruesome not only for ADA but the entire crypto market. From the recently traded all-time high of $2.5, ADA plummeted...
Possible Bullish Scenario ..
ADA REACHED 23 CENTS !! 19 MAY the price was +2$ n went to 23 cents on the same day !! I'm pretty sure this the most coin whales agreed to short it. what we can observe from that:- 1- huge whales shorted from 2$ then closed their short positions n finally they bought tons of ADA. 2- ADA made +630% in minutes cuz they bought a lot. 3- spikes went up after...
Cardano plunged from highs around $2.4 amid the broad-based cryptocurrency declines. The losses extended below $2 before the bulls regained balanced at $1.4. Like Bitcoin, ADA immediately started a reflex recovery where the gap to $2 was almost closed on Thursday. Despite leading altcoins in recovery, Cardano stalled under $2 and, more specifically, at the 50...
TICKER CODE: ADAUSD Company Name: Cardano Industry: Cryptocurrency | Blockchain Position Proposed: BUY Technical Analysis 1. Large Pennant / Falling Wedge (Forming) 2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 ( Silver Zone) 3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole...
As a Beginner learner, tries to share my opinion in order to verify it in the future to learn from my mistakes and to reward myself if I found that I was right. If possible, follow me and correct my mistakes so that I can learn from you. I am a new learner in the cryptocurrencies domaine, and my analysis are not investment advice to anyone, I just want to save...
Island is an island. Btc is of course affected by the Eth drop. But Ada is a coin that has not experienced its full explosion yet. There is a goal of 12-14 dollars in the future. The most important issue is that the people who enter the island are generally corporate and far from short selling. Since the sale is made while the price increases, the money...
Bitcoin and Ethereum are falling, the island does not fall. Let's not neglect to collect Fruits that will appear as Peak to Us when Btc and Eth de fall. Get tp. Stop-loss = 1.96 $ There is a high chance of winning. But it is still affected by the rise and fall of bitcoin. When the time comes, no one can afford to pay $ 3 within 4 hours at most. The money...
TICKER CODE: ADAUSD Company Name: Cardano Industry: CryptoCurrency | Blockchain Position Proposed: BUY Technical Analysis 1. Large Megaphone Pattern (Breakout and Retraced) 2. Fibonacci Retracement at 0.618 (Golden Zone) 3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length Entry: WAITING For PULLBACK (1.8-2.00) 1st Partial...
ADA has broken out, and it looks good for a big bull run, it still looks like buy the dip scenario based on Elliott wave theory. PS: Trade with caution in the end it's the crypto which is very volatile in nature.
To know is not to know. It is believing what you know. The important thing is to know what you want. Absolutely tear off fast-growing fruit. 2.38 tp 2.28 tp by by 2.28 close.
ADA is doing good while Bitcoin still defending 49000 level. Looks like near resistance level. Potential pullback / support levels if any as marked. Short term neutral. Long term still looking bullish.
Lift-off after an extensive duration of Consolidation, exaggerated Divergence
Hi All, this is an update based on my previous ADA chart release. You can consider re-entering now already. HOWEVER, note that the market could still fall back to 1.27 - 130. AGAIN THE OVERALL is still an uptrend yeap. Technical Analysis 1. Fibonacci Retest to 0.618 (Golden Zone) - Market is bouncing off it already. 2. Retest of Fibonacci Level is also on NEW...
ADA is inside third Elliot wave and will increase due is based in ETH algorithm. Hope soon ADA will be independent.
I've set this chart for you guys since you asked for short term scenarios. The chart says it all: There are main support areas, a resistance and also targets which means you should open long positions right after the first confirmation after the price crossed the resistance area. But as I've said before: Don't play with this coin! it's a backed and important coin,...