Cardano / US Dollar ADAUSD

I am the first to say that TA these days is worthless on alts, since #bitcoin will make a move and ruin up everything, but... for the sake of education and fun... Not a financial advice.

I've been researching ADA since November 2017 and can see the potential that it provides to the market. Now that BTC has found a bottom, I really like the current entry of $0.06 long term.

While Bitcoin is still making up it's mind while moving between the 6280 and 6380, ADA offers a very attractive risk reward trade. The risk is still high since Bitcoin is still in control of the bears, but there is such a clear resistance level for ADA. If it breaks it will probably make a good jump up. The volume picture looks good, so the only risk i see here is ...

about to flip inside black hole

Blue zone looks like a good entry, green zone is mid-term support. Red zone looks like a good stop for a day trade and the green for a swing trade

ADAUSD TRADE 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.

This is a very optimistic scenario for Cardano, although it is also a realistic one. According to Fibonacci time zone indicator, there will be a very important time for Cardano. It could be that at this stage price will reach the strong resistance at $12, but of course it could be that the uptrend will only start at this time. Nevertheless, just sharing the ...

It can be expected to target 0,10 level by finding support from 0,067 level.

Broad bottom formation 1. Find strong support level 2. Retest support level 3. Big volume full bar signal 4. Start swing trade. Broad bottom - is formation via double bottom , reversed H&S etc. Signal is important. Timeframe is important. If you swing correction after 1-2 months of fall - doesnt need to watch timeframes less than 12H. If you swing correction ...

This is a pure speculation of course, but it was interesting to see price of Cardano in 3 years time using the price development of Monero. Price could reach $10 in a year time and in 3 years.... $100? Only time will tell!

Posting 2-Day Cardano chart again for easier reading of text bubbles and proper presentation: https://www.tradingview.com/x/TFjxrJ3e/ It can be difficult at times to nail it on the possible date of a reversal when using high time frames. I've found one can get rather close when using the indicators I'm using. I'm simply pointing out we are certainly ...

Bears are way stronger! You just need to use following Symbol in order to see Crypto Bear Market BITFINEX:BTCUSD BITFINEX:BTCUSD/BITFINEX:ETHUSD/BITFINEX:XRPUSD/BCHUSD/STRUSD/BITFINEX:EOSUSD/BITFINEX:LTCUSD/BINANCE:ADAUSD/BITFINEX:XMRUSD/BITFINEX:ETCUSD --- Powered By https://www.buysellsignals.app/ Subscribe at - https://www.buysellsignals.app/subscribe/

ADAUSD has broken today the supporting curve and extends its losses on a standard 1D Channel Down pattern (RSI = 34.139, MACD = -0.013, Highs/Lows = -0.0063, B/BP = -0.0137). Our last TP of this bearish leg remains 0.078501 (Dec 08, Nov 30, 2017) with 0.059995 as the extension, and unless we have a break-out above the Lower High limit of the Channel Down ...

As long as it stays above 0.065, it can be expected to target 0.075.

It is my personal opinion that Cardano remains to be one of few projects with extremely strong fundamentals. However, Shelly being postponed until Q1 2019 has done nothing but fall short of people's expectations and hurt short-term investor sentiment. Generally speaking ,the markets in the short-term are more emotional/irrational and often times prefer ...

Cardano is simply extending the Lower High of the 1D Channel Down on a sideways consolidation attempt (RSI = 48.879). Apart from that 1W remains a strong Channel Down (MACD = -0.036, Highs/Lows = -0.0089, B/BP = -0.0618), suggesting that on the long run there is no reason to change our shorts (TP 0.078501 (Dec 08, Nov 30, 2017) and 0.059995.

ADAUSD is approaching the Lower High limit on the 1D Channel Down (RSI = 43.696, MACD = -0.010) and 0.1100 should hold and be enough to reject the price towards 0.078501. If that breaks then the price will seek confirmation near the Lower High of the 1W Channel Down (MACD = -0.036, Highs/Lows = -0.0186, B/BP = -0.0814). In both occasions, Cardano will remain ...

ADA is still above support level and giving a good risk reward here