In this video, I discuss the surprising resilience of Cardano’s (ADA) price in the face of recent tumultuous crypto market events. Despite major crypto news that could have led to a significant downturn, ADA’s price has remained relatively stable, a sign I interpret as extremely bullish. I delve into the technical analysis of ADA, noting some downward momentum but also highlighting its strong position in the current market. I reflect on the recent SEC charges against Kraken and the implications for ADA, comparing it to a similar situation with Coinbase back in June. My analysis includes a detailed look at ADA’s daily and weekly charts, exploring potential targets, and considering the broader market context. I also touch on broader market dynamics, including the Binance Black Swan event and its surprisingly limited impact on the overall crypto market, suggesting a calculated reset in the crypto space. Overall, my video provides a comprehensive analysis of ADA’s current position and potential future movements in light of recent events and historical patterns.
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Intro 00:00
Crypto is so bullish right now 00:45
Negative news did not impact ADA 1:30
Using caution on Cardano 3:45
The next Cardano price move 6:30
A speculative bullish move 7:45
This is all the setup 9:40
Targets to downside 11:10
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37 Comments
Everyone needs to go out and grab Dan a sub or two, we need to get him to 500k. Good stuff my man.
This is why you should NEVER marry your bags (or sponsors)… Ada is a total snooze fest THIS cycle.. Follow the $$$ instead!
Binance FUD would have worked when the bears were in control. Bears have been liquidated and the HODLERS (not the bull) are in control. I feel there will be a reverse black swan of the covid crash brewing soon.
STRENGTH
ADA still has the SEC on its case. Its considered a security. Pepe safe and has much higher potential. 100x coming for Pepe
Hi Crypto Capital Venture, your channel is great. Are you interested in cooperating with exchanges?
Don't be like Dan.
Don't ignore Liqwid 💧
Wish it would,, hasn't done,, seems like forever
I’m with you only accumulation and I might be a dumbass gonna be a lower accumulation phase after this having
I think there’s a lower accumulation phase.
It will be a difficult and hard to catch low ,
I’m just saving Fiat to put in when it comes
Change ur channel name to cardano..bcoz half of the time you are shilling on ada. 😂😂😂
Just because a stock/crypto is going up doesn’t mean it’s a good investment. just because a stock is going down doesn’t mean it’s a bad investment. theres more to a stock than just its stock price. An entire company or protocol more. focus on the company/protocol, not just the stock price or the bitcoin price, I trade and hold profits keep up the great work! and also Kevin Nate Flint has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.
There are several ways to make money especially by investing little and making profits. The best would be to invest in the crypto market.
I like your videos because there's no hype in them. You present past/current data and your predictions without emotions. Well done mate.
Ada ❤
your damn true..history is doomed to repeat..look the chart is kind of alive , in this way when the market analyse say market need to pump or dump it needs energy for that so that energy happen with something in world for example if it wanna dump like 2020 covid happend and made that energy for market..or when the market wanna pump somenews will come out that provides that energy for the market..i mean now all the evidence telling that the market need a retracment befor pump so i think something bad is gonna happend to provide that energy.
great news
People believing in Ada are people with brains – not affected by the SEC show. Some of us even figured out what is going on behind the scenes – where Cardano, the people's blockchain, the most decentralized one, is a main target. This is the people against the power elites. We are strong and we will win 💪
With trading, technical analysis skills alone are not enough; discipline and emotional maturity are also crucial for success. The saying "time in the market vs. timing the market" is a good mindset to have during market fluctuations. Thanks to WONGHUATRADE insights, daily trade signals, and my dedication to learning, I've been increasing my earnings to over 29btc! in a few months. Keep it up!
The list was alphabetical – order was meaningless as the sentiment applied just as much weight to SOL for instance.
If we reach anywhere between 50-70 cents before the halving we will really be in a prime position for a 10$ ADA imo – when there is no FOMO, very few retail, only the start of ETFs etc… Can't imagine how explosive alts will be when BTC ETFs are introduced. Many millions of BTC will be sold to buy up alts as those who own BTC also know alts provide a lot of benefits and are even more undervalued.
Thx Dan 🙏
SEC are impotent just like Gensler and everyone knows it
Toshi is 100x potential
Criminals are created by this death cult regimes by the polarisation of it. The whole planet belongs to humanity there is no need for shortages. This DC DEEPSTATE mafia kartels created evil 🩸💉☠️ money reward punishment system by illegal laws the maritime laws by putting you from birth into a fictional personage as the the debitor the straw man to be pay your debts (fake money) to pushing you to labour. That’s how you are a prisoner of life in hands of the mafia elite cult. We the people build there empires. It was always this way by kingdoms and slavery. They created fear and poverty by wars and give the people savers as kings. Now those days it’s your political leaders. This strategy is a simple Phi-Ra-mid Fibonacci strategy Blackrock death cult families Mafia who created micro and macro worldwide PONZI SCAMS☠️👁️🙈🐑
YOU HAVE TO STOP THESE INFLUENCERS WHO ARE RESPONSIBLE FOR YOUR TRUST IN MANKIND. THESE INFLUENCERS CREATES the ILLUSION of HAPPINESS but in fact they POLARISING humanity and you will lost you soul after all because you have sell it to devil. PAIN IS COMING FOR THOSE WHO ARE INVOLVED ☠️👽👁️
Help me undestand, Dan: what's the reason why the situation should repeat in a similar way as it did in the previous cycle? Shouldn't we remember that "Past Performance Is Not Indicative Of Future Results"? The fact that the economic and social situations are completely different now, don't make any difference?
Double top indicates its going down.
I wish these FUDmeisters like Gensler would just disappear and respect the pump. It's obvious it's a final shake down so that the old boys club can get a nice entry point before the ETF approvals.
You all need to get the hell out of ADA. This guy is probably down by thousands of dollars and needs you people to pump his bags so he can exit. If you're down just a few hundred bucks, get out and put the money into something that might make you whole again. To say anything about ADA is bullish is just pure cope. Everything is up over the last few months but most tokens have been pulled up by BTC. It's only things like SOL, INJ and RUNE that are pumping for project specific factors.
Focus on solutions rather than dwelling on problems. Approach challenges with a positive mindset, seeking opportunities for growth and learning
DCA ADA
Long-term investors know that the market and economy will recover eventually, and are well positioned for the rebound. Personally still going hard on this crazy market and I'm doing just fine. My portfolio currently up 43% right now. I am going to sit back and observe how this all plays out, adding more stocks at a time.
Ada is also in an Adam & eve double bottom on the daily with a breakout target of 52 cent with is also a fib extension level, also I really appreciate your work Dan
ADA has to hold 0.38 tho
Cardano new low at 0.15 Cent soon
Crypto matured and people as well. Nobody is about to panic
Dude. CZ only stepped aside. LoL.
Who pays you to say this stuff about ADA? No institutions have any interest in ADA. It will perform poorly this cycle. ADA continues to bleed to BTC. ADA is in the top 10 because the bag holders are waiting to cash out from when they bought ADA at its previous high during the last bullrun.