Short-term target of ADA wasn't reached yet. If we broke that ascending line to the down, we will see the test of the support area 0.0388-0.038 (first rectangle). If we stay at this area - or make sqeeze up( back to 0.04 areas) we will be back at neutral areas again. Otherwise, we can see a test of second support. At this moment, (when I write this idea) volume...
the price of Cardano ranged between $0.0696 and $0.0386, with a min/max of $0.0331 and $0.0811. Its market cap ranged between $ 1.80 Bn and $ 1.00 Bn, with a min/max of $ 859.11 MM and $ 2.10 Bn, a median of $ 1.85 Bn and a 7 day moving average of $ 1.01 Bn. The trading volume ranged between $ 10.04 MM and $ 80.64 MM, with a median of $ 27.32 MM and a 7 day moving...
Cardano has a market capitalization of $ 1,038,198,674 November 29, 04:25 UTC watched its current value, which is being traded below the EMA, and decreased by 48% approx. compared to the level of 05 November. cryptocurrency increased from a minimum of $ 0.065. To a maximum of $ 0.082, which is almost 26%, the interest is returned within 18 days. However, since...
Cardano ADA is still at the development stage of Goguen, which, once completed, will allow the blockchain network to launch smart contracts. And through smart contracts, the network will also be able to handle decentralized applications. This crypto has potential and it’s just a matter of time before it gets above all the developed crypto-conversions.
Cardano is, as many other coins, trading within a 1D Triangle but appears to be closer to a break-out to the downside (RSI = 42.639, CCI = -75.7795, Highs/Lows = -0.0016). This will happen if the Higher Low sequence breaks with 0.06900 being the first. If it does the immediate targets are 0.06527 and 0.0600 in extension. The long term trend remains bearish (1W RSI...
Bullish flag on ADA Chart After a breakout, Possible buying zone: 1205-1215 Sats Target 1: 1275 Sats Target 2: 1350 Sats
We can see that Cardano's daily candle has failed to close below previous swing low 5 days in a row and it is showing signs of decent bounce. Green block remains to be untested support zone but it looks like it wants to reach the targets marked in red lines
Hey Everyone, A few quick updates today as I go through the charts and check for trades for myself, I have just noticed ADA is sideways, and has had an extended 4th wave, but for the EW geeks like me... Wave 4 did not drop down past wave 1 territory so to me this looks to be still headed up to hit targets I posted a while ago. REMEMBER IF YOU ARE PRACTICING...
Weekly Forecast! If Ripple' (example) doesn't lose any value in the last week then Cardano' lost around 5%. Cardano' starts to show us some bearish signs, and we are very close to getting some bearish confirmations. Currently, we have two trendlines - short-term down trendline which is pulled from September 1. high and the major counter trendline which is pulled...
ADA / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Cardano along with all the other potential Coinbase listing mentioned coins have spiked after ZRX got listed yesterday evening. After making a higher low, the fast-moving EMA seems to be leveling off and if we can get price to close above this zone, we could see another test of resistance around the 1319 mark. However, volume is missing so far therefore if we do...
Weekly chart Let's start from the weekly time frame (the image below). We could see that last week was bearish for Cardano', also the whole market was bearish. Currently, this week it has found a support from the round number at $0.07. This level has worked also in September as a nice support because after the rejection from the round number ADA' got a strong...
After this huge move on BTC which might be end of bear market 2018??? we should expect alts to pop again
Almost everywhere is chart patterns and Cardano is not the exception, it has the symmetric triangle. Usually, this means if the breakout occurs to either direction then this will show that momentum where the price could heading. Currently, we are on the edge to explode because the price is on the triangle tip, smashed together and ready to make a move. If we...
ADA has bounced nicely off the bottom of the channel, which was as the demand area around 1220 and we could now see a pullback to the 61.8%FIB level or to the lower end of the channel again. RSI is nearing resistance but still has some room to move up and MACD has turned bullish so a small pullback is probably what is needed to propel this higher on the next...
Cardano has bounced nicely yet again from its demand zone around 1220 and is currently facing resistance around its 61.8%FIB level. If it could get above here and close on the 4H, we could see another go at the highs and possibly even break them with the assistance of Bitcoin. Volume does seem to be on the low side but a breakout from here could bring some of it...
As mentioned, ADA needed to cool off after its massive run-up last week and that wedge breakdown has dropped it back to into a demand zone. The 1160 support level has held so far but the volume isn't the best and until we see volume come in, we can't be confident that this demand zone will hold. Stronger zone to enter a long position would be the lower demand...