Cardano tired, time for a tea. Hello trenders and friends,
Today we be looking at Cardano retreat for a healthy bull trend.
There is plenty room for growth supported by a positive trend, not to mention the smart team and project behind.
I see a small correction and establish dominance at this levels coming through before price action.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
Cardanobtc
CARDANO ( ADAUSD ) - SWING LEVELS CARDANO - Here in the chart it's showing a good pattern structure and following the support line, a small hurdle or you call it as a breakout zone is there following the triangular chart pattern, Once the breakout is sustained it can follow the path I have drawn on the chart, For now my approach will be a little cautions as it's trying to drop a bit, take fresh buy around the support line for the potential moves as mentioned on the chart.
Do write in the comment section if you have any doubt or question related to this analysis, also write if you want analysis on any other asset.
Hit the like button & share with your friends, That would be great - Thanks !!
ADABTC setting up for some nice gainsCardano looks to be setting up above a resistance level that's been holding it down since early March. If it bounces up with any amount of strength from here, it will likely explode upward to meet the next resistance to beat at the .00002917 BTC level.
What's interesting to me is that this corresponds with a solid dip from BTCUSD. I think the Altcoin flippening is about to happen in full force, and high quality altcoins will be the next targets for growth while BTC is correcting.
[UPDATE ADA] 2$ SUPER SOON! THEN BULL RUN UNTIL 6$-10$!ADA is chilling lol (even with the Africa news)! It's super ready to pump in May up to 2.80$! Anyway, 2$ is easy in May.
Look at the RSI (the lowest of the past year). From that point, we had +1000% in 5months.
I'm expecting something similar for this next Q2-Q3 cycle.
My final forecast is approx 10$ ADA. A conservative scenario is 6$. This is very easy. I wonder if this crazy market will push ADA even further than 10$?
HOLD!
ADA 4H - Continuation Hi everyone,
ADA seems to give good indications of a bullish continuation.
We did see a break out of the ascending channel however respected the Daily & Weekly support zone .
Resistance zone is still in play but there's a good chance that we break out of it, when is anyone's guess but when it happens we can see greater highs again!
In the short term we might fall back to the smaller support zones (4H chart) and even retest the EMAs, if we fall below all of them we might have that B Wave correction still in play and see even lower prices.
All in all for us good opportunities to buy in more.
Kind regards,
Noel
ADA Buy a break setup.ADAUSDT - Intraday - We look to Buy a break of 1.351 (stop at 1.301)
Daily signals are bullish.
Pivot resistance is at 1.343.
A break of bespoke resistance at 1.340, and the move higher is already underway.
We look for gains to be extended today.
Our profit targets will be 1.498 and 1.568
Resistance: 1.340 / 1.430 / 1.500
Support: 1.270 / 1.200 / 1.150
Don’t bet on ADA/BTC just yetADA has recovered already its loss in BTC terms from last week and it looks like it might be set to resume its upward trend. But ADA/BTC is well below its February high.
We’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002279 BTC at 10:02 AM UTC at the binance exchange on Monday, April 26. In your opinion, will ADA/BTC trade above 0.00002621 BTC (+15.0%) at any time before May 15?”
-------------------------------------
Assurance: 58%
While it's somewhat bullish, this means that Hybrid Intelligence does not have a strong conviction about ADA/BTC.
The relatively low BTC dominance of about 50% is favourable for alts yet perhaps ADA shouldn’t be the primary choice for a short-term trade.
ADA/BTC, Cardano/Bitcoin - a great potential👍Preconditions:
- price is in a range more than 1 month
- price made false breakout
- long movement near to the key level
I expect on squeezing, breakout and retest. Only after this scenario I'll open a position. Once more: only after retest.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA CURRENT CLEAN TEHCNICAL ANALYSIS !looking at ADA here on the 1hr chart we can see Cleary on the HTF that price has respected the larger ascending channel and is still within bullish nature, however price has recently broken to the downside impulsively coming from a descending pennant. price made a strong rejection form the outer trend line on the daily and now were have price currently forming a possible flat flag. importantly this flag is placed at a significant fib area. there is a high probability that price may form a double bottom within this flag as shown in my forecast and price will have to from a confirmation making the fib level a new point of support to confirm a new push to the upside from this level, there is another possible outcome where price can make a double top within the flag and make a further push to the downside and even break the outer trend line confirming a new bearish trend.
thank you for reading please always analyse from the higher time frames down!!
please like and give me a follow as I am trying to grow my analysis to bring more clean price action analysis every week !
ADA is slowing down but it's not OVERAs you see in the chart we have ADA continuing to consolidate within an Ascending wedge that is similar to Bitcoin. I don't expect a huge upwards for ADA in the near future a max to 1.62 Once the breakouts happen from that wedge downward towards the 1.20 expect a bounce back that may give us the upwards percentage that we are looking for. If things get change, I'll have the update here...
Trade at your own risk...
Cardano $ADAUSD Target PTs 2.70-4 and higherCardano (ADA) pierced the $1.48 overhead resistance today and climbed to an intraday high at $1.55. However, the bulls have not been able to sustain the breakout as seen from the long wick on the candlestick.
The bears have pulled the price back into the $1.48 to $1.03 range. They will now try to sink the ADA/USDT pair to the 20-day EMA ($1.24).
If the price rebounds off the 20-day EMA, the bulls may make one more attempt to push the pair above the overhead resistance at $1.55. If they succeed, the pair could rally to $2.
On the contrary, if the bears sink the price below the moving averages, a drop to $1.03 is possible.






















