CARDANOADA
Cardano solid uptrend signals My previous analysis results in a long-term increase in Cardano in the next few months, in which my new analysis indicates strong short-term movement shift which values Cardano to a highly developed deposit. My intentions on Cardano continue to rise and I hope for the best!
Crucial for CardanoWeekly market structure (and daily if we zoom out a bit more) is still incredibly bullish for Cardano. Shorter term price action has lead to a couple of lower highs and lower lows. We a reaching a big support zone which coïncides with the 0.5FIB level. Should we hold this level then ADA will have set a higher low and could continue its longer term bullish momentum.
21 & 50 MA crossover, along with the widening of the MACD has got me worried wether or not this trade will play out.
I have set a rather cautious stop loss as my last two trades got stopped out by a few sats only to then reach my targets.
Curious to see how this one unfolds. What are your thoughts on ADA/BTC?
ADA Digs Into Crucial Support, Is The Rally Over?
Cardano loses ground within the confines of a descending parallel channel.
The recovery from $2 support is a daunting task for the bulls, especially with the resistance highlighted by the IOMAP metric.
Cardano continues to bite into the key support at $2 amid a highly challenging recovery journey. In early September, ADA climbed above $3 and traded an all-time high at $3.1. The correction that comes into the picture has not slowed down since, forcing the recently upgraded token to stay closer to the primary support.
At writing, ADA trades at $2.15 while dealing with growing selling pressure at the descending channel’s upper boundary. This pattern has been in place since Cardano retreated from $3.1. If broken, the third-largest cryptocurrency might find new lifeblood for gains toward $2.5 and later $3.
Cardano Price Recovery To $3 In Jeopardy
From a short-term technical perspective, it is clear that buyers are having considerable difficulty sustaining the uptrend. On the downside, the smart contract token is in danger of dropping under the demand zone in green, a move that could trigger massive losses. If support at $2 is lost, panic will grip investors while lower levels like $2 and $1 beckon.
Traders must keep in mind that the Moving Average Convergence Divergence (MACD) has a bearish outlook based on its position below the mean line on the daily chart. A sell signal from early September has been sustained and continues to encourage sellers to increase their positions.
The Relative Strength Index (RSI) adds credence to the ongoing downtrend. Its position below the midline emphasizes the bearish grip on ADA.
Similarly, the channel’s middle boundary is a key support line that must be defended if Cardano wants to close the gap to the supply zone in red. Otherwise, the least resistance path would keep to the south.
Meanwhile, data by IntoTheBlock suggests that sellers have the upper hand. The IOMAP model highlights immense resistance at $2.23 and $2.44. Cracking these zones will not be easy because investors will be trying to break even, thus reducing the effectiveness of the tail force.
On the downside, Cardano is sitting on top of relatively weak support areas, which means with a slight push, the token will start exploring the levels below $2.
Cardano Intraday Levels
Spot rate: $2.15
Trend: Short-bearish bias
Volatility: Low
Support: $2
Resistance: $2.23 and $2.44
Cardano Partnership Announcement#Cardano is increasing on-chain DeFi activity through collaboration with UBX.
They launched their own public stake pool where stakers can now earn rewards on their ADA for helping to secure & operate the Cardano #blockchain.
That's a good sign for $ADA holders.
The price is in a downtrend we might see a bullish reaction in the upcoming days.
A breakout and a retest above the ascending channel trendline will give Cardano's price a nice push-up.
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Best Regards, Reda Souhail™
Strong upward crypto: cardano uptrendCardano is working on a fresh start towards new heights. So far, we have followed a slow upward crypto ($ ADA; USDT), which still manages to keep the progress towards a new high. I have a theory that the crypto's uptrend reaches a roughly estimated estimate of 5.00 in price value before we record a further decline, as before.
ADA Buy a break of yesterday high.Cardano - Intraday - We look to Buy a break of 2.351 (stop at 2.278)
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bullish.
The medium term bias remains bullish.
Our profit targets will be 2.563 and 2.663
Resistance: 2.200 / 2.250 / 2.300
Support: 2.100 / 2.050 / 2.000
ADA - broke this support 😱😱Bitcoin is slowly moving downwards. At the same time, altcoins are following it. Cardano is now breaking through the trend line, which acts as support. If the price breaks and tests this trend line as resistance, it will be a sell signal. There was a contraction before that, which also indicated a breakout and a fall. There is liquidity at the bottom and the price can collect it.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA Buy a break setup.Cardano - Intraday - We look to Buy a break of 2.202 (stop at 2.132)
Daily signals are mildly bullish.
We are trading at oversold extremes.
Posted a Double Bottom formation.
A break of bespoke resistance at 2.200, and the move higher is already underway.
Although the bears are in control, the stalling negative momentum indicates a possible turnaround is possible.
Our profit targets will be 2.398 and 2.448
Resistance: 2.200 / 2.300 / 2.400
Support: 2.100 / 2.000 / 1.900
Cardano is heading for a new peak.Cardano is currently in a tame rising state, whereupon it slowly manages to process its longer descending transitions.
Cardano is super flexible and it has super much potential when it first seeks the green direction. The approach of the analysis I have drawn up shows strong progressive signs of gradual increases in Cardano's price levels. It regulates between 2.1 to 2.5, subsequently 2.5 to 3.0. There is a probability that the crypto will reach a new height by November.
Happy Trading!
Substance in Cardano: The crypto creates new signals!In the chaotic declining market, we now see new opportunities for a relatively large turnaround, which could reach an all-time-new high on the scale. I have no doubt that investors and Cardano buyers are tired of the declining gray market, when it is said that a red market is in fact a healthy expense, which increases our passion for a green strong market, and great returns.
Cardano essential uptrend!As Cardano investors, you have to be persistent and hold your position until a green solution emerges. We need to be patient and less demanding, the market is red and we need to HOLD!
Cardano possesses a red downward trend, which is reversed at a bullish unknown time. After this reversal, some high economic conditions will emerge, which will benefit our green numbers. My best advice is to follow the analysis, and pay attention to the state of the crypto state.
Cardano in a Falling wedge.The price of Cardano seems to be printing a falling wedge pattern, which has bias to break to the upside.
Support is located at $2.30, very close to current price where I decided to buy some after seeing this pattern occur.
The price continues to find support on daily 50 EMA, which gives me confidence that the daily uptrend will continue and find support the same way as Bitcoin did on the bespoke 50 EMA.
My target will be at $3.00.






















