🔷 ADA CARDANO - Smart Contracts means Lift off and Orbit 🌐🛰️🧿 Story from Markets : Cardano Jumps on Signals Smart Contracts Coming Next Month
The plan to add smart contracts next month could defy skeptics who have bet that the functionality wouldn't come anytime soon.
Smart-contract functionality would allow Cardano to incorporate more applications including so-called decentralized finance (DeFi) platforms that allow for automated cryptocurrency lending and trading. The improvement could put the network in a better position to challenge Ethereum, currently the leader among blockchains with smart-contract functionality.
Started by Ethereum co-founder Charles Hoskinson, Cardano is a blockchain that aimed to compete with Ethereum and other decentralized application platforms but as an avowedly more scalable, secure and efficient alternative.
When smart contracts are launched, Cardano will be in orbit. For now we are looking at a potential lift-off.
ps. One of the great things about Cardano that is really attracting me to it is the 'ethics': Making The World Work Better For All
the FXPROFESSOR
ADABTC
Cardano ADA, Bright futureCardano ( ADA ) is presently breaking out to new ALL TIME HIGHS!
- On the outline we can detect a Symmetrical triangle - The cost is making higher lows and lower highs.
- Also, the cost is over the ALL TIME HIGH level from 2018, which is exceptionally bullish .
- We will encounter a speed increase to the potential gain in a couple of days!
- Cardano (ADA) made an enormous adjusting base or cup and handle on the week after week time span.
- For anticipated length of the exchange, likelihood, stop misfortune, benefit target, section cost and hazard to remunerate proportion ( RRR ) - if it's not too much trouble, check my mark underneath ↓
- Due to my ABC triangle wave check, we are at present at the fifth motivation ABC wave pattern! We can see an indication for possible 0.946 Rise!
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Trade safe and always set stop loss.
ADA Potential BREAKOUT!What a week for crypto! After Charles Hoskinson announced that smart contracts are gonna be rolled out soon, PRICE JUMPED! In just two days we went up by as much as 28% and closed the two days gain at an impressive 23%. Although it looks like a breakout could happen we must see a re-test resume off! The key level to keep an eye on is defiantly the red line. If we consolidate below the red line, a bearish rejection seems likely.
ADA/BTC & ADA/ETH=bullish signal!!!In these chart, I want to discuss Cardano/Bitcoin ratio & Cardano/Ethereum ratio. They're bullish. That mean that Cardano it's takeover power in front of Bitcoin and Ethereum.
1. ADA/BTC:
Cardano it's look extremely bullish in front of Bitcoin. We see a bullish rising wedge and my next forecast it's that Cardano it's leading to reach 0.000068 BTC. Now, this it's an example: If you hold 1,000 ADA, So, and if you want to get profit in Bitcoin ratio, your profit will be 0.068 BTC. It's nice if you hold Cardano. In my case, I hold 14,414 ADA, If I decide to sell my 14,414 ADA in Bitcoin, my profit in Bitcoin ratio will be 0.98 BTC. This it's so incredible and 0.98 BTC it's so near of 1 BTC in my profit. Incredible!!!
2. ADA/ETH:
cARDANO It's look bullish too in front of Ethereum. We see a simetric triangle and my next forecast it's that Cardano it's leading to reach 0.0013 ETH. Now, this it's an example: If yo hold 2,000 ADA, So, and if you want to get profit in Ethereum ratio, your profit will be 2.60 ETH. It's very nice if you hold Cardano and if you planning in Ethereum. In my case, as I hold 14,414 ADA. If I decide to sell my 14,414 ADA in Ethereum, my profit in Ethereum ratio will be 18.73 ETH. So, 18.73 ETH it's incredible holding Ethereum too. And also, applying the reversal strategy of ETH/BTC or knowed like Ethereum/Bitcoin ratio. You can to use your 18.73 ETH and hold until reach like 0.14 BTC for each 1 Ethereum that you accumulating. For example: If I planning to sell my 18.73 ETH in Bitcoin at 0.14 BTC. So, my profit in Bitcoin will be 2.62 BTC. So 2.62 Bitcoin it's really brilliant.
So guys, this it's very educative content that it's support you a lot. Also, I'm accumulating Cardano coins in my trading app that I use and one of my goal it's to reach a minimum 17,000 ADA, This it's my next up plan to accumulate Cardano during this rally until I decide when to sell Cardano in front of ratios that I know. Right now, my worth in Cardano in Bitcoin it's around of 0.66 BTC coins and in Ethereum it's around of 9.51 ETH coins
Cardano ADAUSD - Elliott Wave + Rounding Bottom! Cardano is currently breaking out to new ALL TIME HIGHS!
- On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish.
- We will experience an acceleration to the upside in a few days!
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Cardano Update 13/08/21: Next Stop $2.45 20% Gain Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :)
Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Overall very bullish outlook on ADAD with a long-term price target of $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!!
Cardano's turn? ADAUSDT Aug 7Cardano's price is moving between two levels for too long, One of this levels gonna break soon or later
I expect it to breaks $1.5 resistance and If it does then it gonna move higher levels so fast .
Also there is a pattern, After the neckline broke then the target will be $1.85
ADAUSDT Is Moving in the Ascending Channel
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ADAUSDT On H4 Is moving along the Ascending channel. It has been very bullish; it might have a pullback soon.
⬆️Buy now or Buy at 1.610
⭕️SL @ 1.498
✅TP1 @ 1.831
✅TP2 @ 1.949
✅TP3 @ 2.148
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Cardano 'Bullish' overview I have post-rationalized an excellent non-profit plan, which deals with a worsening of the declining cryptoscale, which we certainly appreciate.
The analysis shows cardano in direct decline and in rapid rise.
Basically, the analysis results in a profound negative graph, which quickly rotates to an upward and convenient crypto.
Cardano ADAUSD - Road to 10 USD! Elliott Wave + Rounding Bottom!- Cardano is currently breaking out of the symmetrical triangle!
- Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level, which is very bullish.
- We will experience an acceleration to the upside in a few days!
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
ADA Buy a break setup. Cardano - Intraday - We look to Buy a break of 1.402 (stop at 1.369)
Price action has formed a bullish ascending triangle formation.
Pivot resistance is at 1.400.
A break of bespoke resistance at 1.400, and the move higher is already underway.
We can see no technical reason for a change of trend.
Our profit targets will be 1.498 and 1.528
Resistance: 1.400 / 1.450 / 1.500
Support: 1.350 / 1.300 / 1.250
Cardano buy a break setup.Cardano - Intraday - We look to Buy a break of 1.402 (stop at 1.369)
Pivot resistance is at 1.400.
A break of bespoke resistance at 1.400, and the move higher is already underway.
Our short term bias remains positive.
Daily signals are mildly bullish.
Our profit targets will be 1.498 and 1.538
Resistance: 1.400 / 1.450 / 1.500
Support: 1.300 / 1.250 / 1.200
Cardano is going to overcome resistance 🧨🤯After a significant rise in bitcoin and altcoins, there was a local correction in many coins, one of which was Cardano. From its high, Cardano has corrected by 7%. Volatility is now narrowing, which means that the asset is gaining strength for a new spike! I think that the price could gather stop-losses below the trend line and then go up after that. The best buying opportunity would be to break the local consolidation and retest it as support.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADAUSDT After the Retest is Going Up
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ADAUSDT on H4 After the retest
⬆️Buy now or Buy at 1.3130
⭕️SL @ 1.2336
✅TP1 @ 1.4400
✅TP2 @ 1.4956
✅TP3 @ 1.5989
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ADAUSDT holding strong support level. Might see an uptrend soon.ADA is trading at $1.3 right now and trying to move towards the immediate resistance of $1.45, which if broken is a good place to buy and hold some of it. For margin or future traders, it might as well be a good place to open your long positions with a tight SL of 3 to 5 percent.
If we see closely, the price is holding the support level at around $1.04 which is acting as a strong support level for a long time for ADA. The price tried to break this support level multiple times but was unable to do so. However, if this support breaks it might see a further downward price movement to $0.4
We can also see that if it trades between the strong support and immediate resistance level, this zone might act as an accumulation zone for an uptrend.
EMA9 has crossed up EMA26 and if we see some good volume in a few days, it might move towards the immediate resistance level to break it and move upwards. On the other hand, if the volume drops even further and the sellers keep on selling, it might visit the strong support level once again.
Do let us know what do you think about this analysis in the comment box below.
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ADA > Trendline Breakout > Time for a little dump?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of ADA.
According to my technical analysis , ADA will now go down as it just broke out from trendline and we are waiting for a retest.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.