Cardano trade incomingHave a look at the daily macd, the short term storm has passed, we can start looking for an entry. We wait until we cross 0.618fib + brake of the downwards trend line. Buy opportunity if the price has been steady above 0.5€.
ADAEUR trade ideas
Possible breakoutAda is forming another falling wedge and it is possible that it will break out again to somewhere around 0.52 cents. Good luck!
Ada possible breakout Ada is forming a falling wedge patter and breakout is possible to 48 cents. Price should go lower first to the support and then we will see where we will head to. If the support fails around 40 cents, we will go even further down. Good luck!
ADA UP!Cardano's next step is 0.71e. We have successfully tested 0.59e support. We have seen increased volume. From 4m we have gone to 10.3m at the moment of writing. If we break that resistance, we can expect 0.85e per coin. Take care and don't take this as sure thing. Follow me for more.
For my followers, look what has happened with my Dydx and BTC predictions.
Here you are in good hands. Happy trading!! EURO!
Buy idea on ADAEUR based on FIB and MA 4 & 50 A is the first of the year 2023, which marked a upward trend until B, 15 February
C = 70% A-B FIB retracement
E = 61.8% C-D FIB
If price breaks resistance and in the 4H timeframe the MA 4 crosses the MA 50, I propose the following buy order.
ADA/EUR 06/02/2023 Trade idea 10amUTC-5Hello everyone,
Im of opinion that unless we close above 0.3654xx EUR followed with confidence move above,
it would be smarter to short market considering where we was at January. So I would expect next move to at least 0.342xxx cents and then reconsidered possibilities of further falling or reversing.
IDEA would be invalid
if we move above 0.3654xx and close there with confidence,
it would be smart have Stop Loss above that price depending on your risk tolerance.
My is @ 0.370500€.
Best regards
Joe
Cardano My next targer for ada is around 0.41 euro. I drew a line and think we will hit a resistance at that point.
Have a great day and please share your thoughts.
ADA ETH 4h (Update 23/08/2022)Horizontal support lines drawn out last month still seem to be holding, I've traced out the projection lines but frankly feel this is going to continue to go sideways. I am always open to being wrong but interested in seeing where it falls.
rsi indicatorthe idea is you can look at the chart under the candles and if it is 30% then you can buy and if it is over 50% you can sell or you can hold it to max 70%
Everybody begins somewhereMy first published Idea.
That's my primary Count for ADA, unless BTC pumps like crazy in the next days.
For the Count to succeed, we want BTC to capitulate and drop to 23k in the next days, so altcoins can drop another 50% to the downside and find their bottom.
DO NOT FOLLOW MY IDEAS. IM STILL A BEGINNER, WHEN IT COMES TO TRADING
ADA EUR 4h theoretical nonsenseThis is a 4hr analysis of ADA. I've started looking at the long term downward and long term upward trend lines (red and green). Understanding that ADA broke below the positive upward and following the downward it finds itself in a wedge.
I have used triangular patterns and Fib timezones, I have no idea what will really happen but the fib timezone (13) converges with a short term upward support line crossing the long term upward trend. Conspiracy nonsense I'm sure... but will be fun to see how it plays out.
ADA EURO Channel bottom? Cardano is looking quiet good imo. Now just hope btc doesn't tank dragging alts with it and we might see a new ath for ada.
#Cardano Ascending wedge - long 1Hlonging ADA in a ascending wedge. respected MA's and it all seems to be trending upside. tight SL with tasty TP
ADA/EUR LONGI believe that a pull back base has already been formed. It might try to reach 1.60 support line before going down a bit again.
I am in for long and will sell in two different phases. First will be on 1.20 and if it shows no signal of breaking down I will buy again at 1.30 and sell at 1.60 support line.
If it reaches the 1.60 without any pullback, I believe it can drop up to 15% before deciding if either it will to break the 1.60 again and reach for previous higher support or go down.
This bearish is much differnet than previousHi
I sold all my add at 1 euro. Stop listening these all moon boys about btc and ada.
It iwll go further to at least 50 euro cents. This bearish is alo mor different and much more stable than previous.
Never saw so stable bearish ever before and support levels are too weak to stop this monstrious bearish.
I was waiting until 1 euro, but now it is clear that BTC will break 40K usd and that is the point why I sold my ada.
It is too risky now hold ada.
The bearish is too powerful to stop here, it is slow but stable and still no support level for him, just small correction.
It is lazy to think that this bearish trend should revers on 40K btc usd.
Cardano Next Move 29/12/21 5:50 NY timeHey everyone,
Ill be quick and clear.
Right now these are only two most probable moves for ADA in my mind.
And it all depending if we are able right now go bellow 1.25€ or not on 5min TF.
A, If it break under and test it as resistance is more likly that we go down. Bearish-Red
B, We go over 1.26€ and creating new HH on hourly time frame and testing 1.25€ and holding as support, in that case is more probable Bull-Green
I personally lean towers A. But its best to wait and see what it do.
Gl in your trading
ADA - Short term analysisIn this chart you can see my short term analysis on Cardano. I expect we have a small retrace to the EMA 20 and bounce off of that line towards the 0.382 fib level if we can break the previous resistance level.
ADA Cardano +19% 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.
To learn more about this project, check out our deep dive of Cardano.
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 was founded back in 2017, and named after the 16th century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.
The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.
In August 2021, Charles Hoskinson announced the launch of the Alonzo hard fork, causing Cardano price to surge, gaining 116% in the following month. On Sept. 12, 2021, the Cardano ‘Alonzo’ hard fork officially launched, bringing smart contract functionality to the blockchain. Over 100 smart contracts were deployed in the following 24 hours after the launch.
Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.
