Get started

Search in ideas for "ada"

the MACD also portraying uncertainity and consolidation The Cardano price chart was an intense match among bulls and bears, initially, bulls had control, but later shift in the wind dropped the game in bears' favor. At press time, the ADA price has traded in a darvas box consolidation range at $0.4510 with an intraday surge of +1.02%, with a market capitalization of $16.08 Billion. Similarly, based on the positive tweets, the ADA asset daily chart shows that it has been consolidating at $0.4200 support and remains below the 20-day, and 50-day EMAs, portraying uncertainty on the daily chart. Likewise, the MACD also portraying uncertainity and consolidation in the price as both lines are side by side, with a no growth in histogram and the RSI flashed at 44.46 which has been near the median line. It portrayed that the Cardano crypto has been trying to hold on at key support, and bulls are defending the level, so ADA has not been a losing steam yet and could sky rocket in future sessions. Therefore, if the breakout occurs strongly, the next goal for the ADA price could be to reach the above levels, such as $0.6700 and $0.8000. On the contrary, if the price plunges and breaks the key support $0.4200, then the Cardano crypto price could decline further.
BITSTAMP:ADAUSDLong
by Yash_Jain_1309
1
What 1-hour chart says? Fundamental Development: Cardano (ADA) leads by a wide margin in a Twitter poll by the crypto community on May 18, 2022, getting 82% of votes over three other altcoins.A Twitter user with 26.7k followers ran a poll requesting people to vote for the coin they believe will remain until 2030. Along with ADA, they listed Solana (SOL), Avalanche (AVAX), and Algorand (ALGO). At the time of writing, 12,983 Twitter users voted. 82% of the respondents favored Cardano’s ADA, while only 3% picked Avalanche.However, a commenter expressed zero confidence in the four listed tokens. Citing the unfortunate implosion of Terra (LUNA). They said their conviction remains with Bitcoin (BTC) and Ethereum (ETH).While it is impractical to tell which coin is the next Bitcoin, experts have parameters in place to vet the sustainability of a crypto project. The sustainability of a coin may be from its use cases, team, web presence, community, etc. The Case for Cardano Cardano has a community of 1.3 million followers on Twitter. Its blockchain was developed by Charles Hoskinson, the co-founder of the Ethereum network. From its official website, Cardano claims to be a blockchain platform for change makers, innovators, and visionaries, with the tools and technologies to bring about positive global change. Its blockchain can authenticate pharmaceutical products to eliminate the risk of buying counterfeit drugs, among other fascinating use cases.Nonetheless, every cryptocurrency has a reason to exist. It may exist as a payment method like BTC, or a utility token, like ETH, to verify transactions on a blockchain. The absence of a use case for a coin is a strong indication of something fishy.A crypto project’s website and social media presence also gauge its activity level and give an insight into the project. Knowing the team behind a project adds an extra layer of credibility to the project. All of these are true for Cardano (ADA). Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $31,400-$28,400 ranges.BTC is made low 25,200 and now consolidating within a range. Yesterday it made low near $28,600 and then it continue to climbed up to near 200 simple moving average. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $29,800 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level and the next major support is near the $28,300 level.
BITSTAMP:BTCUSD
by eva236220
FRONTKN- Rise against the currentAs salam dan salam sejahtera traders FUh what a week!!! Up down macam roller coaster. saya ucapkan takziah sesiap yg terpaksa cut minggu lepas, dan tahniah sesiapa yg berjaya membuat quick profit di dalam kaunter kauntet speculative nampak gaya susah nak buy and hold ketika ini kan? Jadi saya cadangkan ketika ini tukarkan strategy anda kepada buy with volume exit when profit. See money, take money. dengan ketidaksabilan politik negara dan juga kejatuhan saham seluruh dunia, make your trade short. adalah penting untuk anda mencari kaunter yg bernar benar berpotensi ketika ini FRONTKN, kaunter yang sangat menarik jika dilihat ia membuat bull run dari 0.40 hingga rm1. keep on breaking new high itu yang saya suka. apa yang menarik ketika ini ia telahpun break 52 week highest price dan masih menunjukkan momentum yg baik. KENAPA? perhatikan volume ketika ia break 52 weeks high, ia disertai dengan volume yang baik yang mana menunjukkan adanya sokongan dari buyers(demand) yang mana pada pendapat saya, ia akan meneruskan kenaikkan trading idea perhatikan dalam minggu hadapan jika ada pergerakn harga naik beserta volume, boleh lah enter beserta demand yang ada dan keep it short!! ingat tu, capai target yang di cari atau jika mana ada kejatuhan mendadak sila exit. garis resistance 52 week high sebagai guide untuk anda cut. Supaya anda tidak terlepas mana mana posting terbaru dari saya, sila like/follow saya untuk sebarang idea baru DISCLAIMER – INI BUKANLAH BUY CALL TETAPI HANYA JOURNAL TRADING SAYA SENDIRI YANG MUNGKIN DAPAt MENJADI PANDUAN KEPADA TRADERS DI LUAR SANA Halim Hamdan
MYX:FRONTKN
by halimhamdan