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CARDANOADA

ADA - what a stupid bloody name, baby name. Baby growing up 200%ADA, well well well. huge coin that had massive hype towards the start of the year. The general concensus is that this coin is great, has amazing developers and a very very very well thought out and jam packed roadmap. Lots of positive vibes around the coin, but also do take in mind that they don't really have a lot to offer right now other than a mainnet and wallet. They are trying to compete with ethereum as a platform for smart contracts and dApps, in a market that is already filled with competition, there's no guarantees that this coin will succeed, however the roadmap on cardano looks very promising. Short term - neutral to bearish. Bitcoin looks like its not finished with correcting yet, cryptocurrencies have largely fallen off the normie radar and are taking a break (quick search on google trend trends.google.com) shows that normie interesting is starting to cool off, in preparation for the next bullrun. long term - bullish Buy zone: 2 zones - 0.618 fib retracement: 0.00003690 - 0.00004190 - 0.718 fib retracement: 0.00002286 - 0.00002748 Sell zone: Only 2 in mind. I like mid term targets and dont worry about short term goals. 1) 0.00012000 - 0.00012500 2) 0.00017000 - 0.00017500 Me? I'm going to hold onto this for many years to come :) Fundamentals: ADA just has regular roadmap updates, They don't really offer timeframes as to when they complete stages in their development, but the closest one thus far looks to be the Ouroboros Staking protocol, which would allow ada holders to stake their coins. This would be massive progress for the coin in general and would serve to be a reasonable catalyst to catapult this coin up to the 1st target for 200% profits. Technicals: ADA has just completed its 1st 5 waves up of a supercycle up and is in a corrective phase right now. Currently riding between the 0.618 to 0.5 retracement levels right now. ADA looks to be forming a 5-3-5 zig zag corrective pattern and in the C wave thereis almost alway 5 subwaves within that. Something i notice about cryptocurrencies is that they do like their extended 5th waves which leads to me to believe that ADA may not be finished correcting yet and may see the 0.718 retracement region which is why I've provided 2 buy zones. RSI on the daily is approaching the bearish zone of 30 and MACD looks to be curling up ever so slightly. This shows the that ADA is close to finishing its correction but that's definitely not to say that its out of the woods, because it most definitely isn't, there is still room to correct, but the room to correct is running out of space as we speak. Using a conservative Fib Extension we target a little more than a 1-1 extension for the 1st target, because Elliot wave theory states that the 3rd wave is often the longest but never the shortest and 2nd target is derived from the final elliot wave targeting just a little above the 1.618 region on fib extension. I'm still learning TA, any advice on improving my analysis would be GREATLY appreciated. I welcome any criticisms and feedback. So go ahead and grill me :)
Short
by EnZo
3
CARDANO ADA BTC PRICE ANALYSYSCardano is a strong crypto coin with strong community team right now market is red and bearish but cardano is at strong support of fibbo from here it can bounce back chances are high, right now the price is 4500 sats try to accumulate between 4200-4500 sat there is roadmap update coming on 05 February we can expect a good short term returns from this coin targets Short Term 1....6300 sats 2...6800 sats target for Long term (1-3Months) 1...7400 sats 2...9000 sats 3...12000sats(must be sold at this point in long term Because after uptrend definitely there's going to be downtrend can retrace back to 5000 sats after this point reached) Good Luck Stay Bless.
by Sunny_Sharma
ADA/ETH - Cardano - Bullish Rally in Minor 3ADA/ETH has pleased me those who followed by unfolding as I was expecting it, not disappointing. In fact, it tripled in value, as mentioned in the previously posted "Cardano – ADA/ETH – Bullish 5th Wave"  . Cardano was released recently and it’s looking like “the next big thing”. Wave Count presented below suggests that Cardano could triple in value over a short amount of time. Since the time the targets were reached, ADA/ETH dropped like a rock, as expected and signaled to my private followers. The Retracement unfolded as a Double Three (WXY) pattern, with a Triangle visible in Minute Wave X (blue). This sell-off would represent Minor 2 (purple) and would finalize at or around the 0.00036 Levels , which I will be watching like a hawk. Cardano could benefit from the temporary weakness which I am seeing in ETH and BTC and could start a much bigger Rally, one which would lead it towards 0.0040 . ADA/ETH - BUY Position: Entry - 0.00036 SL - 0.00015 Targets -  0.00075 / 0.00115 / 0.00155 / 0.00215 / 0.00275 / 0.0035 / 0.0040 Many pips ahead!
Long
by Lionheart-EWA
11
LONG Cardano, long-term Buy opportunity for ADABTC. Hunt it!Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.00004887 to 0.00003881), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Take Profit: TP1= @ 0.0000635 TP2= @ 0.0000915 TP3= @ Free Technical analysis: .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. . Relative strength index ( RSI ) is 53. .Current short-term is range bound, but beginning of uptrend is expected.
Long
by ForecastCity
ADA Long Opportunity. The price of Cardano's token adabtc has recently pulled back ~55% from its all time highs. While this may sound frightening to some of you who are new to crypto currencies, this is very normal in the space and is actually very healthy. Now the price of adabtc is at a critical junction. It can either hit resistance at the 50% or 61.8% Fibonacci retracement levels ( as seen on the graph, The 50% level is indicated by the red arrow). If it hits resistance at these levels and begins to resume its fall those adabtc holders should probably think about reducing exposure because that is a bearish technical indicator. If It breaks above these levels along with high volume it is very bullish. My price target is assuming the latter happens because that is historically how adabtc trades. Of course past performance is not indicative of future results. The price target was established by taking the previous move in adabtc after having a 50% correction or higher, and then translating it to the current price action. How this helped Comments are encouraged I will try to respond to all of them. If you really are feeling enriched by this content tips are encouraged. BTC wallet address is in my profile and you can always pm for any altcoin addresses.
Long
by coltsrule7
3
Cardano: All the cool kids are doing it, and you want to as well(Note: This was published under 'wave analysis', and I am republishing it without tags so those who are searching "ADABTC" will be able to see this.. This chart also uses 4hr candles rather than 1hr... targets are slightly adjusted) BTC 4.12% looks like it will be moving sideways for awhile... perhaps it will see some rise when the Koreans put their money back in, or Americans receive tax refunds... but we are not here to talk about Bitcoin 4.12% , we want Cardano! The insane amount of push behind the demand for this coin will keep it above .50 from here on out, and we could be looking at $5 by the end of the year... (hopefully) Anyways, short term, looking at the fibs, I see a few areas where the algo traders might be making moves.. When Cardano has a runnup, it tends to follow the technicals pretty well, as most high volume coins should. So, hopefully, we will return to our all time high position IF Bitcoin 4.12% remains dormant over the next week or two. Whatever happens, Cardano is an excellent buy for a long term hold.
Long
by choresgalore44
New technical analysis for Cardano (ADA)Now, when we have more information to analyze the market, here is my prediction. As you probably have noticed there isn't much selling going on, and I believe people are getting ready to stake (75% complete). It doesn't mean we won't see a correction after tremendous growth like few days ago. Everyone is trying to accumulate as much Cardano as possible. I believe the potential for growth is more obvious than the market keep correcting, but I drew the support lines for both scenarios.
by HalvardS
ADA CARDANO/BTC STAIR STEP PATTERN AND ACCUMULATING POWER So many expectations in this altcoin that could be placed nothing more or nothing less than in the fifth place in the Coinmarketcap ranking. After having three excellent pumps followed by a period of consolidation when days after having a recession of almost 100% of the last pump remaining flat but consolidating in the shadows, forgotten. This is the moment when ADA / Caradano needs more than ever back its volume, its people and interest. Target levels to achieve: PT1, 2 and 3 And it's just the beginning. Let's really put Cardano in the 5th place. and let's be clear how many of us who believe in this currency. How always thanks for the amount of followers that grows every day, likes, thanks for good calls, that fills me with pride to make charts to share with you and with these results. You can follow me on the steemit channel: steemit.com I wait for you and thank you for your time! More data: www.cardanohub.org cardanofoundation.org coinmarketcap.com News: cryptopanic.com
Long
by AndresThomasShirakawa
7