#ADA Cardano: Showing strong support at 2500 on the daily chart, and lines up on the fib w/ previous resistance. RSI is OVERSOLD MACD is BULLISH In my opinion this is a good entry for short, mid term and long term positions. I'm not a financial advisor. Feel free to message me on here.
Good Afternoon, Traders! Cardano has been in a constant bearish trend since the start of 2018. Looking at the Bollinger bands, it can be seen that the bands have slowly come apart and seem to be moving slowly together indicating a chance for higher volatility in the near future. Along with this the small triangle indicates there will be a break from the price...
Update to earlier 2 x butterfly pattern which looked as if it was going to complete at 1.272 ext, it did not and stopped me out. But Im back in the game and ready to take advantage of the next logical place for price to turn higher... that being the 1.618 extension! Lets see how it goes... ill update once trade is live!
hi friends cardano going on downside and it continues moving in downtrend I'm on the day chart of cardano and I can see there is lack of volume on ada chart and candles are formimg below the 20 day Ema which indicates Downside moments ichimoku cloud is also red at the moment which indicates it will hang on downside for some more days, it hangs 5 days on that...
Cardano BITTREX:ADABTC has suffered from a huge correction in price, and that's definitely a very good thing. RSI shows that it is oversold and MACD lines are closer than ever, ready to show some bullish sign. We also have a falling wedge highlighted in yellow. If everything goes how it should, be ready to open a position. Very good coin at a very good price, guys
Hello my friends . Nothing special from cardano roadmap update. In the chart we can see that was formed a head&shoulders. Have a nice trading
Hi all, I've been looking into cryptocurrencies for a while now. Recently i started commenting and monitoring cryptonews through Twitter and since today i felt like sharing my very own opinion about Cardano. To be clear, i'm not here trying to shill anything, i'm just showing my opinion based on my own research (you should do yours as well). To make a long...
Well here we are folks. I have been using ADA as my indicator of the entire market correction timeline (not BTC). Why, because of the technicals--they are clearer. And without a doubt ADA is a TOP contender in the crypto markets. I am going ultra long and will decide stop points and take profit areas. Indicators are indicating parabolic movement once sentiment...
ADA drew a falling wedge a tipical bullish pattern, even if right now the support seems to be broken. I hope the fibo level will act as a support.
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"...
Cardano is developing a smart contract platform. Cardano is currently at number 7. The Smart Contract approach will fundamentally change the world over the next few years. There is agreement on that. At the end of the day, only a few platforms survive. Cardano could be one of them. Currently the price is low. A token like Cardano has the potential to go back to 1...
Looking like Cardano will have another bull run soon! RSI Indicator says we're way oversold... Seems like we always get a pop from ADA when this occurs. Targets 4700 5781 9200 Stop Loss 2360
holding the strong support 2500-2600 sat (buying zone) cardano roadmap update coming up and lots of good news for cardano this month quick 30% profit opportunity for short term sell on 30% profit because whole the market is bearish at the moment but if your holding for long term then100% profit can take out from cardano good luck stay bless
Hello all! I want to explain the lines on my screen here. The most important line in play is THE DOWNTREND LINE! Until we break out from this longterm downtrend line we ain't goin nowhere! ( line goes from upper left to lower right) #2 the LONG TERM UPTREND LINE! If we get a pop break out this is resistance until we confirm above this! After that it is...
Hello everyone, welcome to my daily TA. Today we are looking at Cardano (ADA) dipping into the buy zone, and going slightly above it, with good chances of returning to it until it hits the Fib retracement line which meets the trend line. We may have found a bottom, and are about to spike up. RSI confirms that the Fib retracement is the actual "oversold" line for...
Good morning, Traders! Cardanos price has recently broken out of a smaller descending triangle to create this longer-term one. Most descending triangles have a very high chance to break bearish rather than bullish. Although, due to the magnitude that this break will entail, I don't believe holders and supporters of this coin will allow that to happen. If the...
My original post for a possible sell off in Cardano can be found here I have updated that particular post as it was based on Elliott wave analysis. I decided to look at the trendline in Cardano in this post and also look at where support is to investigate what current price action offers in terms of risk to reward. The current sell off in Cardano which started...