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Cardano look bearish in weeklyCardano look bearish in weekly chart as we see that we're in the bullish correction before to continue drop. But we hope to find down a good opportunity to short ADA, I believe that it's not far to reach down $0.17 cents, but this it's some possibility to happen. But Cardano could to reach down to $0.27 cents in the next weeks to see. Also guys, buying Cardano below of $0.30 cents it's very good to accumulate ADA in this bear market and preparing your cash to buy this cryptocurrency and hold for ever until reach your own goal. Also, I draw the Cardano logo here and look precious and beautiful my design to present this cryptocurrency for crypto-enthusiastic. I hope that this analysis support you!!!
BINANCE:ADAUSDShort
by harisonhbn9718
1
Cardano (ADA) - August 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ADAUSDT 1M Chart) The key is whether it can be supported by rising to the 0.5184-0.6834 section. (1W chart) The key is whether it can find support near 0.4893 and move above 0.5184. If it falls below the 0.3321-0.3974 range, it is likely to enter the long-term investment zone. If the price is maintained above 0.6834, it is expected to continue the upward trend from a mid- to long-term perspective. (1D chart) Primary resistance: 0.5587-0.5960 Secondary resistance: 0.6834 1st support: 0.4591-0.4893 Second support: 0.3321-0.3974 You should see support above the 0.4591-0.4893 zone and see if it can move above 0.5184. The 0.5184-0.6834 interval is the interval that determines the trend. Therefore, if it is not supported in the 0.5184-0.6834 section and falls below 0.4591 and becomes resistance, a Stop Loss is required to secure cash. However, since you can touch the 0.3321-0.3974 section and climb, you should also think about countermeasures. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
AdaCardano could rise 200%hello traders Adacardano could rise a massive 200%. The technical picture shows there is an initial price diamond structure that created 4 waves and the last impulse wave was about a 200% rise. The same diamond price structure has been replicated at a slightly lower level. And you can see in the second structure price is completing the last impulse wave for another possible 200% rise. These are two identical pairs of fractal. Ada could rise to about $2.5 I expect price movement to find support along the last diagonal line on the second fractal. You can always come back to check weekly when price hits the diagonal support for a cheap entry. Follow me for more well-researched technical analysis and super tight price entries on Forex pairs, Indices, Futures and Crypto in the next coming days/weeks. Good luck!!
ALong
by kenzima55
6
Adacardano could rise a massive 200%hello traders Adacardano could rise a massive 200%. The technical picture shows there is an initial price diamond structure that created 4 waves and the last impulse wave was about a 200% rise. The same diamond price structure has been replicated at a slightly lower level. And you can see in the second structure price is completing the last impulse wave for another possible 200% rise. These are two identical pairs of fractal. Ada could rise to about $2.1. I expect price movement to find support along the last diagonal line on the second fractal. You can always come back to check weekly when price hits the diagonal support for a cheap entry. Follow me for more well-researched technical analysis and super tight price entries on Forex pairs, Indices, Futures and Crypto in the next coming days/weeks. Good luck!!
ALong
by kenzima55
Cardano (ADA) 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ADA/USDT UPDATE :- The support at $0.43 has held well and could be the push ADA needed to break the key resistance, which would then allow the price to rally all the way to $0.66, the next target should $0.55 fall. The indicators give a bullish bias, and the current volume favors bulls. Looking ahead, expect to see ADA attempt a breakout from $0.55, which could embolden bulls to go straight to $0.66 next. Success there would mean Cardano can finally fully exit the flat trend established back in May. This would be extremely bullish if it happens. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
Path back to $1, with another chance to accumulateWell, the bearish scenario played out since I last looked at ADA back in February, and we saw the predicted drop to around $0.40 -- a hefty 88% retracement from the ATH. I was buying at $1, so you can bet I'm buying here too! Weekly RSI has bottomed out at 30 (an all time low), and low TF structure leads me to believe we might be heading for a retest of the downtrend line. No need to FOMO though... I think we'll likely have another opportunity within the accumulation zone before ultimately heading back towards $1. But if you're like me, and you think we'll see $4-$5 ADA prices within the next couple of years, $0.50 doesn't sound like such a bad price in the grand scheme of things. Don't forget the broader economic context though, and that things could still get worse before they get better. Some are even calling for $0.10 ADA. I think that's unlikely though, and hindsight will prove this to be one of the better buying opportunities of the bear market.
BINANCE:ADAUSD
by reees
11
Cardano Reverses from $0.55 but Bulls are UpbeatPast Performance of Cardano Cardano buyers are still in the driving seat when writing, adding six percent in the past trading week despite losses in early July 25 sessions. Technically, ADA prices have more headroom and could register more gains in the sessions ahead following the reversal of losses posted in the second half of last week. From the daily chart, the July 18 bull bar is defining and a surge above the $0.55 level would confirm gains and trigger more ADA demand. #Cardano Technical Analysis Buyers are upbeat and may propel prices higher in a bullish breakout formation. Per the candlestick arrangement in the daily chart, the immediate support level is at around $0.50. The reaction at this round number and the middle BB seems to be anchoring the current state of price action and acting as a loading point from where buyers can ramp up. Going forward, traders may continue finding entries on dips, targeting June 2022 highs at $0.66 in the medium term especially if there is a solid gain above $0.55, or last week’s highs. Conversely, any sharp dump, sustained below $0.50 with rising trading volumes, would shatter bulls' confidence, triggering a sell-off towards $0.45. What to Expect from #ADA? ADA prices may likely continue outperforming the markets in the short to medium term, propped by fundamental factors. Therefore, any correction toward $0.50 could provide ideal entry points for aggressive bulls. Resistance level to watch out for: $0.66 Support level to watch out for: $0.50 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer