ADA Cardano Chart setup for Ada, don't lose faith in this coin, I feel that the future is bright for Cardano! by socialparasite690
Cardano focus after support bounceWell, TradingView community, what an insane few days we have seen on the crypto markets. Some of the falls have just about been doomsday stuff. ETH, for instance, broke below 1100 today, and Bitcoin briefly moved below 21K. Solana's low retraced the entire 2020/21 run before buyers jumped back in today. So let's move to today's focus Cardano. The late May and early June price looked good, moving back above .66 before the latest bear raids kicked off. Five straight sessions saw 24% taken off the price and today looked no different as prices raced a further 9% lower. Buyers emerged into today's Asian session and, at this stage, have pulled 17% back since today’s low. This caught our attention from where the turnaround occurred, and it lined up very nicely with .4450 support. This could be a good sign as price continues to sit in its range and is not in a solid downtrend like many other top 10 coins. If buyers can hold out today and maintain a close above support, this could be good signs that buyers are trying to regain control. A close below support, and we will be back on the bear front. If buyers can hold support and a decent push higher, we will look for broader buying to show overall demand, and we will then look to see if buyers can break the top of the range to start suggesting that a new move higher could be developing. Good Trading Longby Eightcap3
$ADALeaving this here. No description is needed in this bear market. But thought I'd share. by r3ll3k1
ADA follows 2020 november's bar patternIf ADA is following this pattern in the next days, then i think we can expect a drop to the 0.43 - 0.45 zone and then a big pump should coming to the descending trend line (0.75 zone).Longby Accurist92Updated 2
ADAUSD: Dont Buy Wait For Fall #ADAUSD Analysis Crystal Clear Sell, Dont Buy Just Wait For The Fall To Happen, + Dont Forget To Match With Your Strategy. Like + Comments Will Be A Big Support. Disclaimer: Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes. Shortby IchimokiFxUpdated 113
ADA/USD Free-fall has yet to confirm overQuick update: Celsius said that it believes it is the best decision to halt transactions of all types. It said it was working to “protect and preserve assets” to meet its obligations. It's crazy! Now, I am patiently waiting for the ADA/USD short-term confirmation as the free-fall has not been over yet. Interesting to watch until afternoon. There should be some swing opportunity for the whole day or so. Not following sentiments, but seeing how volume is spiked -- both directions. I would not try to catch the falling knife but would not afraid if the signal gets stronger. Hopefully by or before 10am.by coreSATS115
Cardano’a ADA Now Among Most Wanted Assets by Top BSC WhalesAccording to a recent tweet by WhaleStats on-chain data aggregator, ADA wrapped on BNB Chain (which used to be known as BSC chain) has entered the top ten list of most purchased digital currencies on this network. It is, therefore, also on the list of ten largest crypto holdings owned by BSC whales, the same data agency says. At the time of this writing, Cardano’s ADA wrapped on BSC chain is holding top fifth spot among the top ten purchased digital currencies. Whales cumulatively hold $19,171,741 worth of ADA. BNB, ETH and BUSD are ahead of it on that list, along with BSC-USD. ADA-BSC also holds the fifth spot on the list of coins with the largest trading volume over the past twenty-four hours. Aside from ADA, whales on the BNB Chain are after other coins – among them are Dogecoin and MATIC. As reported by U.Today on Friday, owner of the wallet titled “Scarlet Witch” acquired a staggering 400,000,000 Dogecoin wrapped on the BNB Chain, paying $31,666,000 for it. At press-time, this whale ranked 3 holds $30,311,742 worth of Dogecoin, having sold a little of his yesterday’s purchase. DOGE now comprises 28.52 percent of his crypto portfolio. Overall, BSC whales now own a comprised $47,666,195 worth of Dogecoin. Earlier today, the same BSC investor grabbed an astounding amount of MATIC token. He bought 200,000,000 of these coins valued at a whopping $128,340,600.Longby Kenneth43333330
Cardano (ADA): smooth recoveryRegardless of general market sentiment, it might be noted that this was the second good week in the row for ADA. Market showed that there is potential for this coin, as price moves were more oriented toward upside, rather than to the downside. During the first half of the week, the price of ADA was moving toward the $0.7 resistance line, however, US CPI spoiled the game, so the coin reverted a bit to the downside, finishing the week slightly below the $0.6 support line, around $0.55. Support line at $0.50 has not been reached during the previous week. During the week RSI went from level of 55 down to level of 45. Indicator shows that there is potential for the coin to head toward an overbought market, but it just needs more time. Moving averages of 50 and 200 days are continuing to move as two parallel lines but with downtrend. Charts are showing that there is potential for ADA`s recovery, but it might be a slow and smooth path in the coming period. The highest threat to this lies on fundamentals. Resistance line at $0.70 has not been clearly tested during the previous week, which increases the probability that the market will turn to this level one more time. On the other hand, if the coin continues to move as per current trend, then $0.50 support is to be tested. Disclaimer: This article provides exclusive views of the author. It does not in any sense represent a suggestion for trading. by XBTFX19
Cardano Has More To Give...After the initial breakout, there is always a retrace before additional bullish action can take place. We say Cardano has more to give! There will be more growth on this Altcoin pair. Namaste.Longby AlanSantana6626
ADA corrects to $0.508 as the downtrend extendThe latest Cardano price analysis confirms a bearish trend for the day as the price experienced a major drop in the past 24-hours. The bearish momentum is growing after a consistent defeat as a bullish wave was occupying the market till 8 June 2022. Currently, the bears are on top as the price moved down to $0.508 during the day. Overall the price has been following a downtrend for the last four days, and the coin’s value has deteriorated to a large extent during this time; the bulls have thus remained unsuccessful in providing a cushion to the crypto pair’s price function. The one-day Cardano price analysis predicts a downward market trend for the day as the cryptocurrency faced a considerable loss. Today, the bears successfully continued their lead; previously, a constant bullish wave dominated the market at the start of the week. Today, the cryptocurrency value moved down to $0.508, losing 15.72 percent value during the last 24 hours due to the declining trend that is engulfing the market. The moving average (MA) is trading above the price level at $0.584, and the SMA 20 curve is still trading higher than the SMA 50 curve. The hourly Cardano price analysis is in favor of the sellers, as a downward price movement was observed in the past 12 hours. The price curve has been headed downwards because of heavy selling pressure. This is why the ADA/USD value has been lowered to $0.508, and further downfall is also expected. According to the 4-hour price chart, the moving average value is present at $0.559.Shortby Gary2333330
CARDANO - Imminent Collapse I'm not shorting ADA but as with all alts it is on the brink of collapse right here. Tagged the 0.886 as many others, I doubt it will go higher. Price could really collapse here in tandem with Bitcoin capitulating out of a wave 4 flat correction into a devastating wave 5. See my Bitcoin thread below for details. I was slightly early with my last idea, but this time I think it will be on the money.Shortby dRends35Updated 111119
ADA/USD: Bearish channel perspectiveCardano forming a bearish channel in Daily timeframe and it's look to make a bearish movement very soon to explode in this bear market. Meanwhile to discuss, Cardano in weekly timeframe it's look extremely bearish in this way to $0.25 cents in my own target to watch The 3 Daily timeframe it's look bearish too, but if we closed up with any bearish signal, we could to get a good information to short ADA very easy And every trader need to know in short term very near in our trading strategy. Because if you trade in swing trading, you would need to watch all timeframe to know the perspective if you're swing trading and take perspective to make an exit plan when the price goes to reversal. A good lesson that I learned. But now, analyzing in H4 timeframe we see that Cardano break-out this trend up line and we could to see a drop of the price very strong in the analysis I will work my template because I have good plan to short crypto and stock market and I believe that update my own template and background will be more cool to make a professional analysis. I hope that my idea support you!!! And guys, please let's me to know in your comment box the following question: *The purpose of this question it's just identify what kind of content do you like in the financial market* Because I have a lot followers in my Trading View as Twitter too with a lot interest in me. 1) What financial market do you like to make everyday content it? a) Forex b) Cryptocurrencies c) Stock Market d) All of them (Forex, cryptocurrencies and Stock Market) 2) Why do you like it what you choose in the question # 1 and how I can to work to make better educational content for you? Shortby harisonhbn97183
ADA Cardano 2022Target Ranges for Cardano until December 2022. I am a strong believer in this Layer 1. Its fundamentals stand-alone but BTC runs the show for now.by Dude_Crypto115
ADA to 0.85 Cents maybe...IDK The Fib levels line up so well even on a quick spike. prior fib level gets touched... Good for quick trades..... Its a bold strategy Cotton lets see if it pays off for him...Longby BlockchainBreakdown112
Cardano ADA long-term view - bottom or more pain?Cardano ADA long-term view - bottom or more pain? Both $0.38 and $0.16 are support levels of high volume and price action The chance that $0.38 was bottom will increase if the RSI shows a breakout - not happened yet. What are your thoughts on that weekly chart dear Crypto Nation? Drop me a nice comment. *not financial advice do your own research before investing Longby Crypto4Everybody114
Cardano 1$Cardano Technical analysis basically on elliott waves Principles and Priceaction Strategy Cardano can be 1$ again and then grow to 2.35$ 3$ 10$ Wait and watch.Longby Allver_Fx5
Cardano Price Analysis — June 8Cardano is on a charge towards $0.700 on Wednesday as bullish sentiments ripple through the market ahead of the Vasil hard fork and recent IOHK announcement. Interestingly, the $0.700 barrier is where my long-lasting channel top resides, making this level a critical near-term barrier for ADA. However, a sustained push beyond that resistance zone appears unlikely, given the overall bias in the broader market. I expect a rejection from the $0.700 axis in the coming days. After this proposed rejection, we should see a resumption in sideways momentum around the $0.600 line. Meanwhile, our resistance levels are $0.700, $0.800, and $0.900, and our support levels are $0.600, $0.500, and $0.400. Total Market Capitalization: $1.25 trillion Cardano Market Capitalization: $22.1 billion Cardano Dominance: 1.77% Market Rank: #6Longby Mr_Wogbe_Alex3
SHORT ADAAs can be seen in the ADA chart, the price is moving in one channel. The price has dropped to 88.1% Fibonacci levels from its previous move. It has returned and is now adjacent to the upper line of the channel. In contrast to this move, the resistance path is at the level of 0.713, which is both the level of 78.6% of the previous Fibonacci and the resistance level. We expect to fall again from the vicinity of the upper line of channel and we can put our stop loss on the opposite side of the channel Shortby fxnatureplus226
ADA Cardano: 20% pump or 38% drop if this happens. Hello all. Here is a quick scalping idea for my cardano traders. Looking at ADA/USD "Cardano" on the daily timeframe, we see that cardano is sitting very close to the resistance line of the falling wedge pattern and right below the 50 day EMA. If ADA breaks the resistance line, it sure will retest the $0.74 resistance which is 20% trade from the current price. So defenetly keep an eye on this line. If ADA fails to break this resistance , the bearish scenario will be to retest the previous low at $0.38 which is 38% drop. RSI: The daily stochastic rsi is oversold however, the 4 HR rsi and the weekly rsi's sit in overbought territory. Thanks fro reading, and stay tuned. Enjoy! by EdgarTigranyan6
ADA: 68 to 74 Cents Will Still Be Resistance for a While to ComeHi Everyone! We are still in (what appears to be) Accumulation; similar to what we saw end of 2018 to beginning of 2019. Looks like to me that $0.40 to $0.60 is not a bad RANGE to Dollar Cost Average back into the market for those who are HODLING for a project they BELIEVE in. By the way, Cardano is NOT an "alt-coin." Cardano is THE coin to change the world in a way Bitcoin can not in its current form. You'll see... Cardano should NOT be taken lightly. Big things yet to come! Sorry, but I'm not providing Short Term analysis here on TradingView for scalping and/or accumulation purposes. I'm simply of the opinion we are in a trading range between $0.40 and $0.74 and it is worth accumulating for HODLING within this range. We will have to be patient for quite some time. Distribution (at least for Cardano) appears to be over and we are likely sideways in accumulation. May we see another big drop in the future? Sure, it's possible but it would snap back up rather quickly; in similar fashion to how quickly we snapped back up after the COVID dump in March, 2020. Hope this is helpful. This is the LAST video in which I share a lot of details on TradingView. That includes details on any other assets or coins; such as bitcoin. Happy Trading and Stay Awesome! David19:58by WyckoffMode151579
A Good Chance of 0.8 in 3 DaysWe are at the second testing of the upper bound of the triangular formation consecutively without reaching the lower bound. This indicates that the bulls are pushing upwards and that a decisive move is imminent in the coming few hours. If the early hours of today are bullish to the point of breaking the upper bound, 0.8 could be reached easily within 3 days according to Fibonacci levels as well as Gann charts.Longby MontyMacht9
ADA / USD Hourly PrecictionTrend lines and Fib Circles mapped out for ADA. Mapped out a couple of predictions of where we will see the price head in the short term. by electronicTuna553450