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Cardanobtc

$ADA - Outlook and live market update!Hello Traders, We are seeing some pretty good signs of how ADA should perform over the next coming weeks. Short term, I expect a consolidation/ accumulation phase (1-3 Days) Mid Term, consistent uptrend, and market cap growth. (2-4 weeks) Long term, a strong push to all-time highs and price discovery to finish the bull run. (est. June - Sept.) Charts below, 15-min: MFI in Buy Zone & RSI is trending up. 1-Hr: RSI & MFI in the oversold zone/ buy zone. 4-HR: 50/100 EMA wicked and bounced up(this has been a pretty consistent buy signal and reverse to the upside). Good luck!
Long
by MarkStPeter
The markets these days - What we trade apart from ADA CardanoHi guys, wishing you all a nice day and may the force be with you. A lot of you have mistaken me for a 'crypto trader' which I am not. Very simply I trade what I see is moving in a clear direction and this has been clearer on Bitcoin until last week, Alt coins like Cardano and tokens like Enjin and Coti, where our research paid huge dividends and our technical analysis guided us to nice entry points and partial take profit levels. For this week I am attempting a short on Oil which is going well now and I wish to keep it, see if the profit can grow, where at the same time I am still awaiting a further correction on my All Time Favorite asset to buy, the almighty Nasdaq. Thank you all for the nice words and comments. I appreciate it. One love, the FXPROFESSOR
Long
by FX_Professor
6
ADA: $275 BIL. MARKET CAP---HERE WE COME!Hello Traders, Alright, there been a total of three new exchange listing for ADA this week. We have a lot of reasons to be excited about Cardano and the path it's headed down. I don't personally think the stimulus bill will play that big of an effect on ADA, definitely not enough to lead us to the $275 Bil market cap but it can't hurt. No, I think we will see a huge push to the $8+ range once, it's officially added to some of these larger company portfolios and institutional investors. Greyscale seems to be the leader for institutional funds in the crypto world for adding Altcoins to their portfolio, unlike MicroStrategy. Over the next 6-12 months, I think it is highly possible that we see Cardanos market cap break above the $100 Bil. range and then a slower creep up to the $200 Bil. and so on. Technicals are showing an inverse Head and Shoulder Pattern and a cup and handle pattern on the monthly chart. Mix this with very strong fundamentals and we have a great recipe for short-mid term success. Good luck!
ALong
by MarkStPeter
2
Cardano bullishCardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair. Cardano was founded back in 2017, and the ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software. The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity. Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods. The live Cardano price today is $1,24 USD with a 24-hour trading volume of $9.543.999.443 USD. Cardano is down 4,65% in the last 24 hours. The current CoinMarketCap ranking is #4, with a live market cap of $39.587.339.055 USD. It has a circulating supply of 31.948.309.441 ADA coins and a max. supply of 45.000.000.000 ADA coins. Cardano was founded by Charles Hoskinson, who was also one of the co-founders of the Ethereum network. He is the CEO of IOHK, the company that built Cardano’s blockchain. Yesterday came the great news that we were all waiting for, to include cardano in Coinbase Pro.The price has risen from 1 dollar to 1.25 $ thanks to this news. I have drawn a visual graph with comments, to get an idea of ​​how the price is going to behave in my opinion, and how far it will go at least this year. Always where the price retests, it is the ideal area where you have to accumulate more tokens. If this graphic has helped you, I would appreciate a like / comment.
BINANCE:ADAUSDLong
by scam2nft
7
ADA/USD possible support and resistance zonesThese zones are merely an indication of where ,in the past, there has been conflicting market psychology. Meaning there were people on the bullish side but also people on the bearish side. This could mean that at this price people take a profit or become less confident in the coin. Therefore we can use these zones with proper knowledge of price action and also an understanding of the current sentiment of the crypto market to make and informed "guess" on the direction of ADA/USD. You should not "expect" the price to do anything , you should merely follow this because it is the most likely outcome based on all the knowledge from price action, market sentiment and an understanding of the fundamentals of crypto and trading. Being "likely" does not guarantee the outcome and I can not even guarantee that it is indeed "likely". Don't be too attached to these lines you draw on a chart. They highlight interesting things, they are not "laws of the market" or something like that.
KRAKEN:ADAUSD
by bozzextro
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow? If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely. But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall. The nearest support area is $0.37-0.38 Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
by pennygene
23
Can Ada outperform Eth next bullrun ?ADA / ETH ADA was one of few coins last week its reaction against Btc dump was amazing and didn't drop hard like most of others Here with ADA / ETH pair weekly chart : we can see strong resistance since 2018 just broken few days ago This mean if the bullrun is still vaild we can see ADA outperform ETH in next bullish wave Important : weekly candles must close above this resistance and dont close below again Remember ...You should have a plan before trading and expect everything Dont trade what you cant afford to lose Best wishes
Long
by Babenski
26