Cardano swing shortReasons to short again, fibonacci levels + oversold, elliot waves, equal to correction on the way.
my entry was 0.083 the first TP at 0.073
Search in ideas for "ada cardano"
Analytics ADA/BTCThe asset behaves without anomalies, is in its channel, signals for the reversal are not expected. It loses about 20% with about 15 days periodicity.
There is a stable downward channel, so do not open positions earlier than 0.00001210. It is worthwhile to conduct additional analysis in this area, the price may drop to 0.00001080.
In the long term, does not cause much interest, but it can be useful for traders inside the day. We are waiting for the appearance of additional signals.
ADA hitting ROCK BOTTOM.Time to buy before FOMO kicks in.Hey guys,as i've seen quite a nice amount of positive feedback on my analysis,i've decided to share you my vision of ADA aswell.
After carefully positioning our Fibonacci Retracement at the exact extreme point of the graphic,i came to the conclusion that Cardano used the 236 as an almost perfect resistance,penetrated only by only 1 unexperienced ''crypto dude" that bought the FOMO and paniced.
If it happens to get under the price of 2512 sats with the full body of a candle,i would recommend you(no financial advice of course) to get out of this coin....but i highly doubt this will ever happen.
Long story short,we are still under the EMA's and the volume has increased quite significantly in the recent hours,which for me at least makes an amazing buying opportunity.
You got the graph,you got a quick description of it,if there's anything else you want to add/ask/correct,feel free to leave me a comment.
Best of luck!
Cardano’s Meteoric 140% Surge: What’s Driving ADA’s Ascent? Cardano ( CRYPTOCAP:ADA ) is on fire, surging 140% in just two weeks, hitting an 8-month high of $0.81. With whale activity, robust trading volume, and favorable U.S. crypto policies fueling its growth. Here’s a closer look at what’s driving this beast mode rally and what might be next for ADA.
Key Drivers Behind ADA’s Rally
1. Increased Whale Activity
Whale accumulation has surged, signaling strong confidence in ADA. Large-scale investors are scooping up tokens, creating upward pressure on prices.
2. Trading Volume Boom
ADA’s daily trading volume crossed $3.17 billion, a staggering 99.6% increase within 24 hours. This reflects heightened market interest and liquidity, enabling price discovery.
3. Donald Trump’s Crypto Tax Reforms
The former president’s proposed tax reforms are making waves, particularly for U.S.-based cryptocurrencies. While details remain speculative, the perceived crypto-friendly stance has reignited investor interest in blockchain projects like Cardano.
Cardano’s Fundamental Growth
The rally isn’t just about price action—Cardano’s underlying fundamentals are thriving:
- Total Value Locked (TVL): ADA’s TVL has skyrocketed to $451 million, a 4x increase since September. This growth signals increased adoption of its DeFi ecosystem, including platforms like Minswap and SundaeSwap.
- User Engagement: Daily users and transactions have grown 3–4x since Q3, highlighting Cardano’s utility as a decentralized network.
- Tokenomics: Cardano’s circulating supply is fully matched by its total supply, reducing inflation risks and making it an attractive choice for institutional investors.
Technical Analysis:
On the technical front, Cardano is showing strong bullish signals:
CRYPTOCAP:ADA has smashed through the resistance of a falling wedge pattern on its daily chart—a classic bullish continuation signal. This breakout paves the way for a potential run to $1 in the short term. With an RSI of 65, CRYPTOCAP:ADA remains in bullish territory but is not yet overbought. This suggests the rally could continue without immediate risk of a pullback.
Institutional demand has been instrumental in driving ADA’s momentum. The recent spike in volume and price points to significant interest from large-scale buyers.
Looking Ahead: Is $1 Just the Beginning?
Cardano is now revisiting its March 2024 highs, and the road to $1 looks promising. Beyond that, analysts see a pathway to $5, fueled by:
- Continued DeFi growth and ecosystem expansion.
- A favorable regulatory environment under Trump’s proposed reforms.
- Sustained whale activity and institutional inflows.
Conclusion
Cardano has been instrumental lately being a market leader in the evolving crypto landscape. With strong fundamentals, technical bullishness, and supportive market conditions, CRYPTOCAP:ADA is set to reclaim its place among top-performing cryptocurrencies.
Stay tuned: Will ADA hit $1 next—or blast through to $5? One thing’s certain: Cardano isn’t slowing down anytime soon.
Cardano(ADA) Long Term Analysis Hello my friends, How are you doing?
It's a new day and I want to talk about Cardano to you.
Actually, I really like this asset. But at this price, it's so dangerous to buy.
I want to show you where is the best place to buy and Hold and what's the Final target.
As you understand it's a big scale about Cardano.
So don't forget to Like 👍, share with your friends 🤝, and then Follow ✌️ me to be able to see my next analysis.
Did you do that? So, let's go.
Here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Ladies and gentlemen, let me introduce Cardano and the best zone to buy 😍😍
I want to analyze Cardano in Weekly Time Frame.
Before that, I want to remember It's not financial advice. so, just see and think about it.
I'm just sharing my view and opinion of the chart. Please do your own research.
Everything changed when we lost 0.33 USD in Cardano 🤷🏻♂️🤷🏻♂️🤷🏻♂️
As seen on the chart The price is so close to the first Support zone in 15-17 Cent and I expect the price to react to this support. But it's not the End of the movement. I expect the price to go up and then drop again. because the main correction has not ended.
The Second zone is between 8-9 Cent and it's the best zone to buy and hold Cardan for a long time 🧞♂️
Everybody who buys in this zone will be rich. Because from 0.09 To 10 USD.
It would happen around April 2024.
There is too much distance and I want to tell you and huge profit is coming. I mean it's more than 10000%. Such a wow.
As I told you my final target for Cardano is 10 USD 😍😍
So, don’t miss this chance.
We will enter into the depression zone soon.
Please be patient and put your order carefully.
We will never see this price anymore.
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth 💶
I hope you will fulfill your ambitions.
Sincerely Yours
Ho3ein.mnD ❤️
Cardano (ADA) Update 24/11/21: $4.29 Target🎯Potential 200% GainCardano (ADA) Update 24/11/21: $4.29 Target🎯Potential 200% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating in the range between 61.80% and 38.20% Fibonacci level in the range between $2.28 & $1.81. From the current price action and looking at the momentum oscillators, ADA is in an oversold market condition and we can expect bullish sentiment back in the market. It is important to note that confirmation of the 2nd leg up will require ADA to break above the 200 SMA around $1.90 for a true breakout back towards the ATH price and our target at the 161.80% fibs @ $4.29.
From the current price we expect ADA to push above the 61.80% with a clean break above this level as ADA has failed several times now to flip this critical level into strong support for the next push phase towards $2.60 at the 78.60% Fibonacci level. For the next impulsive move, it is important for ADA to establish the 61.80% and 78.60% fibs as levels of strong support.
Our current targets for Cardano (ADA) from the current price level @ $1.62.
127.20% fibs @ $3.59 (120% Gain)
161.80% fibs @ $4.29 (163% Gain)
261.80% fibs @ $6.31 (287% Gain)
423.60% fibs @ $9.59 (486% Gain)
Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :)
Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :)
Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :)
Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Overall very bullish outlook on ADAD with a long-term price target of $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
ADA (4H) / Elliott Wave AnalysisBullishness confirmed if the red opposing GZ breaks. Bitcoin and Ethereum must cooperate.
Please like and share if you appreciate this market update.
We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle!
Cryptos are updated every day of the week and on Saturday, if necessary.
Traditional assets are updated every day of the week.
Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.
s3.tradingview.com
ADA (2D) / Elliott Wave & RSI Analysis / $8.5 Coming Next Year?Please like and share if you appreciate this market update.
We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle!
Cryptos are updated every day of the week and on Saturday, if necessary.
Traditional assets are updated every day of the week.
Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.
s3.tradingview.com
ADA ready for a BreakoutBreaking away from the previous wedge we may see a pullback retest, do a Touch & Go off of the resistance then test out $1.70+ resistance. From there we'll see a slight pullback before continuing on a nice Bull run.
If we do fall below this resistance we may see a Consolidation Phase moving through the weekend into the weekend.
With Smart Contracts coming up, I believe the market is fixing to get very Bullish.
Cardano (ADA) Sleeping Giant Awake ATH Price Levels 75% GainCardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH, currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Overall very bullish outlook on ADAD with a long-term price target of $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01/03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!!
Rising Wedge for ADAFinal target around 0.06€, expecting five waves down to finish correction.
Not financial advice
ADA Multiple reasons to buyShould be strong support at the 2566 for Cardano.
Longterm trendline support, 1:1 extension on the ABC and .65 retracement level all fall to this level.
BTC will play a large role in this trade so no targets to be set yet but we have a lot of reasons to suspect a bounce in this area.
Falling wedge can also be seen on ADAUSDT
#Cardano Retracement after 50% Rally, Support at $0.37Past Performance of Cardano
The uptrend might still be valid, and ADA is up over 50% from mid-March, but the coin could further correct from recent peaks. Notice that the coin is lower, pulling back from last week's highs. The resistance line remains at $0.41, while support is at $0.37. Any comprehensive close above those lines will shape the immediate to medium-term formation.
#Cardano Technical Analysis
Trading volumes are decent, but ADA buyers still need to build on recent gains and edge above April 26 highs of $0.42. The current rejection of higher prices means bears of April 16 to 22 may flow back, forcing the coin towards $0.37 and even $0.30 in the sessions ahead. Traders may wait for a solid close, with expanding volumes, below $0.37 before engaging. This means they are aware that more gains above $0.41 may see ADA float back to $0.45 in a bull trend continuation formation.
What to Expect from #ADA?
ADA is in an uptrend but correcting after a solid performance from mid-March. As a bear flag prints in a short-term correction printed within a broader bull trend, traders should watch how prices react at $0.37. Losses may dent Cardano bulls' sentiment.
Resistance level to watch out for: $0.41
Support level to watch out for: $0.37
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Cardano Bulls Upbeat, ADA Prices Could Recover Above $0.50Past Performance of Cardano
Cardano prices rose on September 7, bouncing back after posting sharp losses on Tuesday. Currently, ADA prices may likely recover because of fundamental factors, allowing traders to double down and reversing the losses of September 6. As per the formation in the daily chart, traders may watch out for how prices react at $0.50, marking last week's high. Any surge breaking sellers' resilience could be the base for a leg up towards August 2022 highs.
#Cardano Technical Analysis
Moving forward, ADA may find support and print higher towards August 2022 highs because of optimism surrounding Vasil. Nonetheless, whether there is demand and determination from Cardano traders depends on whether ADA bulls soar above $0.50, nullifying the three-bar bear formation of September 4 through to 6. Any reversal below $0.45 may quickly dent bulls' hopes, allowing the coin to drop back to July 2022 lows at around $0.42. Conversely, if buyers build on September 7 gains, a break above $0.50 will allow traders to redouble, targeting $0.60.
What to Expect from #ADA?
Traders are upbeat, but bear pressure will be diminished if prices surge above $0.50, adding to the gains of September 6. If not, losses below $0.45 will align the dominant trend with losses of September 6 in a bear continuation formation.
Resistance level to watch out for: $0.50
Support level to watch out for: $0.45
Disclaimer: Opinions expressed are not investment advice. Do your research.
ADAUSDTDaily chart
There is an expectation to climb
Supports and resistance ahead are identified
Do not forget the stop loss
Reacted to Fibo
ADA/USD MAJOR UPWARDS PRICE DIRECTION ADA/USD made a upwards breakout and tested the trendline. I think it will go upward from here. I think even it will break out to his RESISTANCE @3.0000 and will make a new high !
If you also look at the 144 wma it bounced off nicely ! And stoch it was recently oversold ! I think its a great chance to buy , but thats my opinion :D (i am not an financial advisor)
FOLLOW and LIKE for more !
CARDANO - You Know what I am doing.. Correction and emphatic rebound today. ADA seems to be the best performing crypto asset and from tomorrow the Japanese will boost it higher (I hope).
So,tomorrow is a HUGE day for ADA CARDANO, 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..
I saw a rather extreme article today.. Don't like it too much but here it is:
Meet Cardano, the cryptocurrency coming for bitcoin’s crown :
As the long-fought battle between bitcoin and ether rages on, newcomers are climbing up the ranks with underlying technology upgrades set to push them onto the main stage — if scammers don’t get to them first.
Smaller tokens known as altcoins have been steadily rising in popularity this year, with one cryptocurrency quickly pulling ahead. Enter cardano, which started 2021 at $0.17 and has jumped 116% so far in August alone to reach $2.90.
Also known by its ticker ADA, cardano is now the world’s third-largest cryptocurrency by market capitalisation, pushing older favourites tether and crypto exchange Binance’s BNB token out of its path earlier this month. It now stands at a total market cap of $93.5bn, according to 24 August data from CoinMarketCap, though it is still a long way from bitcoin’s $934.7bn.
Its rise is largely attributed to the Alonzo hard fork, an upcoming upgrade to the token’s underlying Cardano blockchain network which could see it challenge rival protocol Ethereum for its ability to handle smart contracts. If completed smoothly, this would be a major boon for institutional usage.
“If successful, will bring smart contract functionality by allowing the writing and deployment of smart contracts for the first time on the Cardano blockchain. This upgrade will be significant as it will enable developers to build projects on the network, helping Cardano to position itself as a real ‘competitor’ to the likes of Ethereum,” said Simon Peters, crypto market analyst at online brokerage eToro, last month.
“The price of ADA climbed over the last quarter, suggesting investor optimism around the Alonzo hard fork and Cardano’s ability to challenge Ethereum long term.”
Let's go to 5$ Cardano. You are ready, you can do it now.
One Love,
the FXPROFESSOR
ADA. ALL TARGETS ACHIEVED !! IM BACK FOR YOU MF, ROUND 2.ADA. IM BACK FOR YOU.
ALL TARGETS ACHIEVED ON LAST ANALYSIS.
Now we are presented with another gold opportunity.
We hit a double top.
Falling down towards previous resistance
This yellow zone should flip to support.
THIS is our entry zone.
Expecting strong wave off new support.
Targeting Triple top.
Followed by a new wave to spark pump into daily res block / 200 MA region.
Lastly, Im itching for that T4 Long term double top.
This baby is ripe.
Follow me,
Lets get this bread MF!
BUY NOW, PROFIT LATER.
______________________
XSR PREMIUM SIGNAL:
Entry: 501-505 sats
Target 1: 531 sats
Target 2: 545 sats
Target 3: 569 sats
Target 4: 629 sats
_____________________
Remember,
"WE DONT HIT STOP LOSS, WE HIT TARGETS"
- LL XSR <3
ADA – 3 tips how to trade during this rallyHi Guys!
Probably some of you have noticed positive moves on Cardano .
Rumour has it that the Ledger will support ADA on their devices. WOW.
If it turns out to be true it will be really great news .
Such a move is highly anticipated by the Cardano community.
Moreover recently Binance has announced new trading pairs with ADA.
They will add ADA/USDC and ADA/PAX which will make the volume even higher.
So here is the technical analysis .
1. The long-lasting resistance at around 0.00001300 was broken.
2. Another resistance at 0.00001500 was also broken and what is more important this level was defended.
3. The current 12H bar broke the resistance at the level of the last peak which was at 0.00001600.
4. There is not much supply and a massive amount of demand = price will move up .
5. This all opens the road to higher levels .
Manual how to trade on Cardano:
1. Wait till we break the next resistance at 0.00001700 .
It is also important to s tay above this price for a while.
2. The next target is at 0.00001850
3. Consecutive price to reach is ~ 0.00002500
That’s it.
With the positive sentiment towards Cardano with should reach these targets within the upcoming day or weeks .
Tell us what you think.
Have you already bought ADA?
Drop us a line in the comment section.
Thank you for reading and your time.
MASSIVE Hugs!
WBM Team
$ADA - Is it time to buy?$ADA - Is it time to buy?
Beautiful pattern brewing of triangle formation, a break above the bulls are in control and the next area of interest would be the channel we are in towards resistance area of 200 EMA and then taking it towards the area next resistance zone 2 and this follows same if bears get in control bounce below 21 EMA then there marks the support areas 1 & 2.
TJ
