CARDANO: Hydra update Bullish for ADAHi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
Cardano (ADA) has gained significant global recognition as a blockchain platform due to its emphasis on scalability, security, and interoperability. Frederik Gregaard, CEO of the Cardano Foundation, recently shared his vision for potential use cases, envisioning a future where Cardano plays a pivotal role in areas such as supply chain management, digital identity, and decentralized finance (DeFi).
In recent developments, Cardano welcomed the launch of Empowa, a new platform built on its network, which aims to address the housing crisis in Africa. Empowa operates as a DeFi platform, providing affordable housing loans to low-income families within the country. The platform operates entirely on Cardano's infrastructure, demonstrating the platform's capability to support innovative solutions.
Furthermore, Cardano has introduced Hydra, a scalability solution designed to enhance its mainnet's transaction throughput. Hydra serves as a layer 2 scaling mechanism that enables a significant increase in transactions per second while maintaining the security and decentralization aspects of the Cardano network. This becomes particularly significant as Ethereum experiences surging gas fees, prompting users to explore alternative options.
Looking ahead, Cardano's founder, Charles Hoskinson, who is also a co-founder of Ethereum, consistently emphasizes the importance of true decentralization as a global imperative. Cardano continues to prioritize scalability, security, and interoperability, attracting developers and entrepreneurs interested in building decentralized applications with practical use cases. With the recent launch of Empowa and the upcoming implementation of Alonzo, Cardano showcases its potential to emerge as a significant player in the realms of DeFi and smart contracts. The introduction of Hydra further strengthens its position as a secure and scalable blockchain platform.
The underlying technology of Cardano and its recent launch have the potential to disrupt traditional financial service providers and institutions in several ways:
Decentralization and Trust: Cardano's blockchain technology operates on a decentralized network, meaning that it does not rely on a central authority or intermediary for transactions and record-keeping. This decentralized nature eliminates the need for traditional financial institutions as middlemen, reducing transaction costs and increasing trust in the system. By leveraging blockchain's transparent and immutable nature, Cardano offers a trustless environment where participants can interact directly without the need for intermediaries.
Scalability and Efficiency: The scalability solutions implemented in Cardano, such as the Hydra protocol, enable the network to process a high volume of transactions per second. This scalability advantage allows Cardano to handle a large number of users and transactions simultaneously, providing efficiency and faster settlement times compared to traditional financial systems that may suffer from bottlenecks and delays.
Lower Costs: Traditional financial institutions often impose high fees for various services, including remittances, loans, and cross-border transactions. Cardano's decentralized infrastructure and smart contract capabilities can significantly reduce costs associated with these services. For example, decentralized finance (DeFi) platforms built on Cardano can provide lending, borrowing, and other financial services at a fraction of the cost compared to traditional intermediaries.
Inclusion and Accessibility: One of the key advantages of Cardano is its potential to provide financial services to underserved populations. By leveraging its interoperability features, Cardano can facilitate cross-border transactions and enable access to financial services for individuals who are unbanked or underbanked. This inclusivity can help bridge the gap between different economic strata, empowering individuals and communities that have been historically marginalized by traditional financial institutions.
Innovation and Smart Contracts: Cardano's platform enables the development and execution of smart contracts, which are self-executing contracts with predefined conditions that automatically execute when the conditions are met. Smart contracts offer a programmable and auditable framework for various financial applications, including decentralized exchanges, lending platforms, and insurance services. The ability to create innovative financial products and services on Cardano opens up new opportunities for entrepreneurs and developers to disrupt the traditional financial landscape.
While the adoption of Cardano and its technology in the mainstream financial industry is still in its early stages, the platform's focus on scalability, security, and interoperability positions it as a potential competitor to traditional financial service providers and institutions. As Cardano continues to evolve and attract more users and developers, its impact on traditional finance could become more significant in the future.
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KUCOIN:ADAUSDT COINBASE:ADAUSDT BINANCE:ADAUSDT CRYPTOCAP:ADA COINBASE:ADAUSD KRAKEN:ADAUSD BITFINEX:ADAUSD
J-ADA
Is Bitcoin heading for a correction?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Is it time to remove liquidity from below?
Previously, I shared a similar chart on the channel and expected that the test of the trend line would occur for a rebound upward, but it seems that MM decided to first remove liquidity from above $38,550 and then go to test the local trend line.
I decided to open a small short for 10% of the deposit, I think that locally Bitcoin may undergo a correction before the end of the month. To be safe, you can set the limit to the last high and move the stop 300-500 points.
Deal plan:
▪️Entrance - $38,150/38,550
▪️Stop - $39250
▪️Take - I will update.
P.S: If the price quickly moves to the trend line of $36,800, then you can fix most of it and move the stop to used.
ADA/USDT - Long Wait Has Come To End (We Reached Resistance) The price has reached the anticipated resistance zone, currently demonstrating strong holding power from sellers. Furthermore, the RSI exiting the overbought zone indicates the beginning of a potential bearish trend. This combination of factors—the resistance hold and the RSI shift—suggests that traders may start to see a downward trend in price. Now waiting to see if we will reach that target support around $0.2550
Swallow Team
ICON| Local deal in Long!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
There is a local downward trend that is about to change into an upward trend, I think that after a small correction we will go for a breakout of the countertrend line, ETH still looks long...
Deal plan:
Entry - $0.2585
Stop - $0.2419
Take - $0.28
Guys, be careful, the coin can show high volatility at the moment, follow risk management.
🌐 Cardano's Liftoff: ADA's Rally & Vision for Tomorrow! 🧬Hold onto your hats, ADA holders, because Cardano's not just charting, it's heart-starting with a rally that's ready to rumble! 📈💥 Up 17% and eyeing the next peak, ADA's showing the crypto world it's more than just hype.
But wait, there's more to this story than just numbers. Cardano's playing the long game, weaving blockchain and AI to potentially extend the sands of our hourglass. Yes, we're talking about pushing the boundaries of human life. 🧬🔬 A rally in health, if you will.
As if that's not enough, Charles Hoskinson is out there waving the Cardano flag, talking big on global crypto regulation. 🌐🎙️ It's not just about growth; it's about sustainable and smart expansion, making sure ADA's trajectory is as stable as it is spectacular.
And let's not forget, the price trajectory for the week is something to keep an eye on. Will it be a smooth sail or are there storms on the horizon? Either way, we're in for a ride. 🎢👀
Emojis: 🚀🧬📈💥🔬🌐🎙️🎢👀
One Love,
The FXPROFESSOR 💙
Links:
How blockchain, AI can help research into extending human life: cointelegraph.com
Cardano (ADA) up 17%, Here's Why It Is Ready for Next Rally
u.today
Cardano’s Charles Hoskinson talks global crypto regulation:
ambcrypto.com
Renowned Analysts Explain Why Cardano (ADA) Price Could Reach $0.42 This Week:
beincrypto.com
I Cannot Short This !!! situation+next targets.ADA has formed double Bottom and the price can grow well from here.
⭐ and the bullish signals of market momentum are:
- divergence in MACD
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Ethereum seems poised for a rebound to $2,100Hello, trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Opened a scalp position in Long!
#ETHSCALP
A position of 5% of the deposit is long with a short stop loss.
▪️Entrance - $2045
▪️Stop - $1995
▪️Take - $2150
The technical chart looks like a rebound on a retest of a local countertrend.
CZBINANCE is leaving! Will BNB coin rise again?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The week certainly turns out to be powerful for events, and the market reacts accordingly...
Let's start from the beginning: technical analysis on the BNB chart shows a double test of the global countertrend line, and so far everything is unsuccessful, there is no breakout! But we received a noticeable pullback, where I decided to average my long position. Of course, the news background played a big role in this volatility. I think without him we would have dropped to $300 a long time ago, but now we’ll have to wait a little).
CZ IS LEAVING BINANCE, IS IT BENEFITABLE FOR HIM?
Yesterday's announcement about the resignation of the CEO of Binance, of course, came as a surprise, and the market began to react in both directions, “destroying” everyone in a row - this is already a classic: if you hear news about CZ and BINANCE, then expect that they will start shaving everyone
According to some analysts, if Binance settles the issue with the Ministry of Justice and pays the imposed fine of $4 billion, then the greatest pressure will be removed from the cryptocurrency market, and the start of the next bull market will not be long in coming. It turns out that all this time CZ was a brake on the bull? Or they are simply accelerating fomo, and the latest growth was the peak this year. What do you think?
And a few of my thoughts on everything that is happening) Yes, perhaps the authorities have put a lot of pressure on CZ, and he has to take the most extreme measures (leaving the exchange, paying a large fine, etc.). But I will never believe that CZ would just give up. I think he always makes decisions in his favor, and his departure is simply to remove unnecessary attention from his brainchild and himself. CZ won’t just leave it like that, he will still punish his offenders. Remember what he did with FTX - they were his direct competitors, and SAM had a strong team behind him, and most importantly, SAM had connections in power. And where is FTX now, and where is SAM?
What I mean is that the more negativity that surrounds BNB now, the stronger the bullish blow will be. At the moment more time is needed.
Bulls at the Helm: ADA (Cardano) Defense of Key Demand Zone⚪ Cardano (ADA) has exhibited the resilience of bulls defending the critical $0.23 demand zone, which notably acted as a safety net on multiple occasions, particularly in August and October.
⚪ The recent surge in ADA's price levels, culminating in a new higher high, serves as a promising indicator of a potential bullish trajectory. While the increase might not be as hight as other altcoins, we anticipate a 50% surge in the weeks to come, albeit preceded by a minor correction.
⚪ The expected pullback should find support near the widely recognized 61.8% Fibonacci retracement level, providing an enticing risk-reward entry point. Our detailed trade setup will be shared in our channel shortly. Keep a close watch for updates.
🚧ADAUUSDT is bullish now🚧 & many Traders don't see it(WA)👀!!!As you can see, the price is in a Falling wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
❗Weekly Analysis.
⏮️previous Analysis
🍻Hard for everyone but easy for me. thanks God...
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Above 0.3808, full-fledged upward trend beginsHello traders!
If you "Follow" us, you can always get new information quickly.
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Have a good day.
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(ADAUSDT chart)
The chart showing the same movement as the current ADA is ambiguous.
The reason is that if you look at the 1D chart or 1W chart, they are showing an upward trend no matter what anyone says.
So, you would expect it to be on the rise, but looking at the 1M chart you can see that's not the case.
(1W chart)
If you look closely at the chart, you can see that it is not in an upward trend, but is just trying to break out of the bottom.
Therefore, it can be said that the upward trend is likely to begin only when the price rises above 0.3808 and is maintained.
(1D chart)
Looking at the 1D chart in a narrow range, it seems that it is showing a tremendous upward trend.
Therefore, looking at the current movement, it may seem that the price is about to turn to the downside.
Therefore, even if it rises above 0.3824 and shows support, you are too scared to buy it and just look at it.
As you can see from the 1M chart and 1W chart, these charts are just showing signs of breaking out of the bottom section.
Therefore, it is time to buy when it rises above 0.3808 and shows support.
If you wait for fear that the price will fall further when it is at the bottom, and wait for the price to start falling when it rises to a critical point, you will inevitably end up buying at a bad purchase price.
Therefore, you need to make aggressive purchases with an investment proportion that does not cause psychological damage, watch and respond.
In a rising market, you should look for an opportunity to buy when the 1D chart is a falling candle, and in a falling market, you should look for an opportunity to sell when the 1D chart is a rising candle.
Therefore, in a rising market, you should buy when there is a pull back pattern, and in a falling market, you should buy through a breakout trade.
Based on these basic trading strategies, you must create a trading strategy that suits you and start trading.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Bitcoin unloading has occurred, further growth?Remember earlier I wrote that this trend line can be a breath of fresh air for bears? The rollback was significant, by as much as 4000 points if we consider the very peak of BTC.
In the last review on YouTube, when we analyzed altcoins and the BTC chart, I mentioned that a pullback was most likely to be expected, since all indicators were at their maximum values (fear index and funding, as well as the indicator). The big player simply needed to shed excess weight for the performance to return to normal.
If we talk about altcoins, then MM left its mark here too, liquidating positions with 10-20 shoulders. Can we say that the unloading is complete? It’s possible, but you shouldn’t relax too much, since BTC may still have someone to “finish off”, for example, 10-15 BTC shoulders. They can come back for the lying ones
All the coins that I opened earlier #ZIL #WAX #BNB compared to the others look more alive than all the living ones, but unless, of course, you overestimated the risks! I hope that this was a slight unloading before the continuation of the upward movement in BTC and other alts.
🔥 ADA Parallel Channel: The Best Trade You Can MakeSince ADA bottomed last month, the price has practically been going up in a straight line. In hindsight, the bounce occurred right at the moment where the price touched the bottom support of the parallel channel.
The parallel channel is formed by drawing a line between the two bull-market tops, and copying that exact line towards the Corona dump's bottom.
Since the pattern has now been confirmed, we can take a look at the next bull-market top. Assuming that the bull-market top will be somewhere in 2025 and that ADA will continue to follow this pattern, we can make the assumption that ADA will top somewhere above 35$.
By placing the stop below the bear market low, we can construct an amazing long-term trade with a risk-reward of over 200. Crazy potential.
The Dollar Shop💵: ADA, FTM, CTXCHi Traders, Investors and Speculators of Charts📈📉
I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑
Incase you missed the previous one, find it here :
NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100.
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DOGE will soon have a powerful shot up!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
I don’t know about you guys, but I still look at this coin with a positive attitude, I previously wrote that from the counter-trend retest we will reach the first mark of $0.08, we reached it, although I left this asset, it was powerful!
At the moment, the coin looks like it will continue to grow, but during the Bitcoin correction we may also see a slight rebound, so think for yourself what you would do. I think very soon we will see DOGE again at $0.1 and this will only be a small victory!
TRX flight is not over yet!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, another coin for your TRX feed, which looks like a continuation of the upward movement.. You can try to act with the current ones with a little good below.
Deal plan:
Entry - 0.10837/0.10103$
Stop - $0.8938
Take - $0.13
Guys, follow risk management, this is, first of all, an altcoin that can show high volatility in the moment!
BNB coin that will soon show a bull?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The 3D chart looks attractive, I expect to soon see a breakout of the countertrend line and a run of at least $300
Deal plan:
Entrance - 253/230$
Stop - $205
Take - 300/330$
Guys, be sure to follow the risks, the market can be very volatile at the moment!
ADA ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ADA vs ETH : Which is Better Buy ?Hi Traders, Investors and Speculators of Charts📈📉
Both Cardano and ETH have massive followings. When ADA was released, many argued it was going to be the "ETH killer" . (Don't shoot the messenger now).
But today's analysis is not going to be about fundamentals, or arguing which coin is better than which... instead, we're going to take a look at which coin has the most upside potential for the next bullish cycle. ADA or ETH? And also, what is the risk-reward?
First, let's take a look at SHORT TERM zones:
It's important to note that during the last bearish cycle, ETH lost 80% of it's ATH whilst ADA lost just over 91%, meaning that ADA falls much harder than ETH.
In the DAILY / also SHORT TERM / we see that ETH is ready to proclaim a new bullish cycle, but ADA not yet as ADA struggles to capture the 200d Moving averages:
From the weekly perspective, ETH is just about to reclaim all Moving Averages as support, but Cardano is lagging behind, still trading under the 50d MA (technically from a moving averages perspective, still bearish).
And finally, from a macro perspective logarithmic chart, ADA has yet to reclaim the 0.618 Fibonacci Log Channel, whilst ETH is already trading on top of it.
With all of the above said, there is a clear distinction that we can make between the two trades : ETH is a safer bet then ADA, but ADA has much more upside potential then ETH. This is where you need to decide what your appetite is for risk. ETH has a lower risk medium reward setup, and ADA has a high risk high reward setup.
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ADAUSDT.1DBased on the given data, the current price of ADA (Cardano) in terms of USDT (Tether) is 0.3579. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 63.78, 87.74, and 63.56 respectively. The Moving Average Convergence Divergence (MACD) for the same periods are 0.0080, 0.0245, and -0.0098 respectively.
The RSI is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 is typically considered overbought, while an RSI below 30 is considered oversold. The 4-hour and 7-day RSI are in the middle range, suggesting a balanced market. However, the 1-day RSI is high, indicating the market might be overbought.
The MACD is a trend-following momentum indicator. A positive MACD indicates that the 12-day EMA is trading above the 26-day EMA, suggesting bullish momentum. The 4-hour and 1-day MACD are positive, indicating bullish momentum, while the 7-day MACD is negative, indicating bearish momentum.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.3671, 0.3656, and 0.3732 respectively. The BB is a volatility indicator. When the price is near the upper band, the asset might be overbought, and when it is near the lower band, it might be oversold. The current price is close to the lower band for all periods, suggesting that the asset might be oversold.
The support levels act as a floor by preventing the price of an asset from being pushed downward and resistance levels act as a ceiling to prevent the price of an asset from being pushed upward. The support and resistance levels for the different time frames suggest that the price has room to grow before hitting resistance, but also has some cushion before hitting support.
In conclusion, the technical analysis suggests mixed signals with some indicators suggesting a bullish momentum and others suggesting the market might be overbought. As always, it's important to consider market fundamentals alongside technical indicators when making investment decisions.
Below 0.2441 : Entering the bottom sectionHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(ADAUSDT chart)
The key is whether the price can be maintained above 0.1720 and rise above 0.2974.
(1D chart)
Falling from the current position could mean falling to the bottom, so a countermeasure is needed.
Accordingly, the key is whether it can receive support and rise in the box range of 0.2441-0.2580.
If this is not possible and the price falls and shows resistance, a stop loss is necessary.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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ADA/USDT Ready for another Bull Run?🚀 ADA Analysis Today💎Yello, Paradisers! turn your gaze to ADAUSDT. It's currently navigating within a trading channel, hinting at a potential upward momentum.
💎For a significant duration, ADA has been traversing this descending channel. The prevailing trends suggest a likely climb towards the Bearish OB and the supply zone above.
💎Positioned in the demand zone, if the price surpasses the .3000 mark, the chances of a bullish surge increase. While newcomers might consider shorting at this point, a comprehensive view is recommended.
💎On the other hand, if Cardano descends below the .2800 demand point, there's a heightened probability of it approaching a more robust support level. As always, stay alert and strategize effectively.
💎Refine your trading decisions for ADA with ParadiseFamilyVIP. Delve into expert insights on ADA and other potential coins, optimizing your crypto approach.






















