Cardano is a strong crypto coin with strong community team right now market is red and bearish but cardano is at strong support of fibbo from here it can bounce back chances are high, right now the price is 4500 sats try to accumulate between 4200-4500 sat there is roadmap update coming on 05 February we can expect a good short term returns from this...
As ADA continues to retrace, to previous untested levels over time, we look for the end of the ABCDE correction before making a long-term entry. After the current retracement trend finishes, the market would most likely be looking to reverse the momentum towards a positive-trend after untested levels are supported.
Cardano (ADA) ADA/BTC Buy Opportunity
I hardly every like to count 5 waves, but dang it, I'm just gunna do it! time will tell on this one! So far it looks like its making the first ABC of the larger degree wave 2! Comment what you think!
ADA has reset its Stock RSI, got the bottom. Correction done.... Prepare for new top +75% Stock RSI............. ok RSI > 0.50 ........ ok CCI .............. ok Keep following my profile...thanks Hope you get profits!
The graph shows a Double Bottom Signal that is a sign of a Bullish move. ADA is one of the only coin that was able to find a good equilibrium even during this big dip of all coins. Feel that it is always good to keep it in your portfolio for that.
ADA/ETH has pleased me those who followed by unfolding as I was expecting it, not disappointing. In fact, it tripled in value, as mentioned in the previously posted "Cardano – ADA/ETH – Bullish 5th Wave" . Cardano was released recently and it’s looking like “the next big thing”. Wave Count presented below suggests that Cardano could triple in value over a...
Based on the fact that all cryptos have pretty much bottomed out this coin has stood its ground with the price sticking to a pennant or flag pattern in which should allow it to break out soon.
Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.00004887 to 0.00003881), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Take Profit: TP1= @ 0.0000635 TP2= @ 0.0000915 TP3= @ Free Technical analysis: .Price is above WEMA21, if price...
All of the reasons described in the graph point in profit direction.
Cardano will likely bounce between 5700 - 7000 satoshis for a few days. Once it breaks through 7200, I'm looking for an all time high around $1.53 USD (11,000 satoshi).
BITTREX:ADABTC As we can see the graph has slowly melt down like an ice cream. But we are the freezer and we will resuscitate this resitance in next hours ! WE all LOVE CARDANO chart, as we can see nothing is stopping the next bullish. Short term profit at least +30 % Long term trade TO THE MOON The lark Volume Momentum is ticking, and the new buyers are at...
The price of Cardano's token adabtc has recently pulled back ~55% from its all time highs. While this may sound frightening to some of you who are new to crypto currencies, this is very normal in the space and is actually very healthy. Now the price of adabtc is at a critical junction. It can either hit resistance at the 50% or 61.8% Fibonacci retracement levels...
(Note: This was published under 'wave analysis', and I am republishing it without tags so those who are searching "ADABTC" will be able to see this.. This chart also uses 4hr candles rather than 1hr... targets are slightly adjusted) BTC 4.12% looks like it will be moving sideways for awhile... perhaps it will see some rise when the Koreans put their money back...
As my double Fibonacci setup shows, Cardano ADA is at some solid support. It also made its initial move already from the double longterm 50% and medium term 61.8 levels. Next targets are Fib extensions as I am used to.. first 11000 satosis next 14500 satosis
Now, when we have more information to analyze the market, here is my prediction. As you probably have noticed there isn't much selling going on, and I believe people are getting ready to stake (75% complete). It doesn't mean we won't see a correction after tremendous growth like few days ago. Everyone is trying to accumulate as much Cardano as possible. I believe...
After a monstrous rally, Cardano might be prone for a major correction. A symmetrical triangle pattern is forming. This pattern could perform as a bearish continuation, in which case we would be seeing a large drop in price. As you can see, the 0.618 level is acting as a strong resistance and the 0.786 level has been broken a few days ago. If BTC skyrockets like...