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#ADA #CARDANO NEW 2021 POSSIBLE TARGETS AFTER CORRECTIONThe price targets I expected in the previous analysis to be achieved by the end of 2021 were touched in less than a month. So a new analysis was needed. In the current market conditions, there is a need for a price correction. Therefore, after this correction, within the specified support ranges, it is possible to enter this currency for new price purposes.
New targets:
1- 3
2- 4.5
3- 6.5
4- 13.5
first sup zone: 0.84 - 0.70
second sup zone 0.55 - 0.45
Due to the steep climb, it is not possible to suggest an ideal loss limit for this chart. Therefore, be sure to consider capital management.
ADA Cardano see you at 2.00This is one of the few altcoins I own and love. ADA - Cardano has been on a bullish breakout since 0.30 and has followed through breaking through every resistance and finding support in all the right spots. It's coming back to its ATH, and looking to break its last real resistance level before going to 2.00.
ADA (CARDANO) long opportunity (+14%)Hi Financials,
Please lets take a look at ADABTC
We are on a great support.
BUllish divergence on H4 and Daily charts.
And also, we are above MA200 on Daily Chart (HUGE support)
Our risk/return ratio is awesome.
So, we can risk some capital here.
Longing until EMA200 on 4H chart.
Targets: 875; 975
Stoploss: 799 or daily close below MA200
FINANCIAL MOVE CRYPTO
ADA CARDANO - Watch Out For BloodHello Traders,
We are currently looking at a perfect ABC flat correction pattern which is very likely to be followed by a continuation move downward.
I'm expecting a fall to 0.028 / 0.024 range to complete the last piece of the impulse before any chance of reversal.
If you enjoyed, please thumbs up and follow for more.
Thank you
ADA - Cardano falling wedge (I posted a hotstreak today, enjoy)Daily time frame showing falling wedge. Will probably retrace a little bit before breaking out.
My last post for now, and always remember don't invest more than you can afford to lose ;)
(This is not financial advice, this is a volatile market where anything can happen)
ADA Cardano Breakout to $0.49 Ascending TriangleAccording to the ascending triangle breakout, price should increase to $0.49 cents based on the length of the ascending triangle flag pole length. Afterwards a 50% retracement range back down to $0.30 cents range, Elliot Impulse Wave should continue afterwards to a high of $1.30 range.
Possible 50% return on ADA CardanoWe see ADA testing the median line of the Inside Pitchfork, but nicely rejecting the downtrend.
If ADA can hold above the trend line it may shoot for the median line of the Original Pitchfork
for a 50% roi.
Possible targets to take profits are around:
- 0.063 at the 1:1 extension based of the proposed wave 1
- 0.066 around de negative 0.618 fib level
- 0.075 around the 0.382 of the impulse started dec. 2018
- 0.081 around the median line of an original pitchfork and a 1.618 extension
Just In: Cardano ($ADA) Broke Out of a Falling Wedge Surge 10% The renown altcoin that is known to move in tandem with CRYPTOCAP:XRP saw a noteworthy uptick in price with the native asset surging 10% amidst breaking out of a falling wedge pattern. With the RSI at 57 are we going to witness a lip to the $1 pivot or beyond?
Presently, CRYPTOCAP:ADA is trading within the trendline of the wedge a small thrust above the resistance could be the catalyst CRYPTOCAP:ADA needs to cement a move to $2.
What Is Cardano (ADA)?
Cardano 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 Price Live Data
The live Cardano price today is $0.936263 USD with a 24-hour trading volume of $5,369,546,196 USD. We update our ADA to USD price in real-time. Cardano is up 8.62% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $32,968,087,133 USD. It has a circulating supply of 35,212,423,444 ADA coins and a max. supply of 45,000,000,000 ADA coins.
😞🎼 ADA CARDANO - Love Requires Patience ⏱️❤️🩹Come on ADA,
You keep postponing, you keep snoozing, then you become active when we are almost asleep, bored and discouraged.
Kind of reminds me of this song: Wake me up when September ends 😞🎼
News/ update:
Cardano’s Alonzo upgrade has seen more than 100 ‘smart contracts’ processed in the first 24 hours.
The third largest blockchain platform in the world, Cardano’s successful update gives it smart contract functionality, providing developers with the ability to create apps that can utilize the advanced capabilities of its blockchain.
The Alonzo upgrade marks the first stage in creator Charles Hoskinson’s plans to advance a fairer global financial system at a reduced monetary and environmental cost. Within 24 hours, the platform has already seen more than 100 smart contracts run on the network, with its first decentralized application also already deployed.
Blockchain is set to play a pivotal role in the future of applications. In fact 61% of software developers say blockchain is a ‘game changer’. By building decentralized apps – or ‘dApps’ – on the blockchain, developers minimize the security compromises of traditional apps, which live on a central server, instead utilizing the security of a global network of thousands of computers.
However, creating apps on the blockchain has, until now, been inaccessible for many developers, who are faced with high and unpredictable costs, as well as energy inefficiencies.
As a result, implementing blockchain for smaller enterprises has often not been a truly viable option without having to compromise on sustainability goals or business costs.
Energy efficient
Cardano claims to solve many of these issues. Its blockchain uses an innovative mechanism for verifying transactions, meaning the whole network is significantly more energy efficient than Bitcoin. Its ability to accurately predict transaction costs also provides price stability, allowing developers to build applications without risking lost transactions or unexpectedly high costs.
This year has been pivotal for IOHK, the engineering company behind Cardano. In April, it announced the world’s largest blockchain deployment. Five million teachers and students in Ethiopia were provided with instantly verifiable IDs, facilitating better lesson planning, monitoring of student progress, and allowing the government to be better sighted of future workforce planning needs and gaps. For students, it also allowed them to share verifiable qualification details with employers.
So come on ADA,
Just Fly to 4$ now
the FXPROFESSOR
💎ADA CARDANO - Japan, Here we Come! 🗾💹Price has failed to reach the 3$ mark (came close by 5 cents but no touch and no cigar).
Will this happen sometime today or tomorrow? Maybe
Will the price rise to higher levels now or a but later? Hopefully now
Will the price dip under support? Hoefully not, it depends also on what Bitcoin will do.
Fundamentally, tomorrow is a HUGE day for ADA CARDANO. On August 25, people from Japan will be able to buy $ADA on the stock exchange. Decentralization and security of #Cardano will be increased.
On top of that, Smart contracts are being launched soon..
So, let's go Higher Now ADA!!
One Love,
the FXPROFESSOR 💠
Cardano's Oversold Bounce.Hey, I am back with another T echnical Analysis , this time looking again at ADA - Cardano .
Cardano has launched its testnet, ADA 1.2 was released.. many great news and low price, bitcoin looking stable, what could go possibly wrong ?
As Bitcoin has bounced today from its RSI daily oversold level as I predicted many alts has also bounced.
Okay, lets just look at Chart.
Not much to see, downtrend line, few ressitance and one key support level.
So what about Indicators?
RSI has bounced off strongly off oversold level.
MACD starts to curve upwards, with sellers quickly leaving.
MA shows perfect cycle, showing that Cardano is undervalued.
EMA is at decision point.
I got position at 2460 sat, good isnt it?
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with ADA somehow clearer.
If you like this Technical Analysis let me know in the comments, likes are always aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an update .