ADA-USDT
ADAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is currently supported after hitting the support line, and if it stays above the support line, it can move to the next resistance, and if it breaks the resistance line, it can reach the channel ceiling over time.
But if it drops and stabilizes below the support line, the situation will become difficult and we consider more fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 ADA Very Weak: 2 OptionsSince topping around $3 in September, ADA has severely been underperforming other alts. The direction of trading has been virtually only down for the past three months, with no end in sight yet.
I'm looking at two different possibilities. The first one, the best case scenario, would be that ADA will not go any lower from here. The $1.50 support will hold and the daily RSI hitting oversold areas will signal a great buying opportunity for investors. Expect a period of consolidation before going up again.
Worst case scenario would be for the price to continue going down, back into the horizontal channel. A period of trading within the channel might be needed before going up again. Don't expect anything good in the coming two months, might see some bullish pressure into February.
Happy trading!
Cardano Price PredictionADA has extended the week’s losses in Wednesday’s session. Since mid-August, the psychological 2.0000 has been a crucial support level for the altcoin. However, by plunging further on Tuesday, it is now trading considerably below this zone.
Currently, Cardano's price is down by 2.65% at 1.8. Since hitting its highest level in close to two months in the past week, it has dropped by 23%.
On a two-hour chart, it is trading below the 25 and 50-day exponential moving averages. In the short term, I expect the prior support level of 2.0000 to be evasive. From this perspective, it will probably trade within a range of between 1.8000 and along the 25-day EMA at 1.9332.
Past the horizontal channel’s upper border, the bulls will have a good opportunity to push Cardano's price back above the crucial level of 2.0000. On the flip side, bears may attempt to retest Tuesday’s low of 1.7622.
CARDANO PUMP or DUMP?!Hi everyone, just quick update for Cardano, right now market is looking quite indecisive. For Cardano it seems like that we need little bit more time to accumulate before going higher, but also we need to watch BTC and its moves. For me there are basically 2 options for Cardano.
1 option: sideways for a while and holding 0.382 fibo support which is around 2 dollars and then blow up. My main targets from the charts are obviously previous ATH and 1.618 fibo extension which is sitting at 3.11 dollars.
2 option: if we cant hold then downside to 0.5 fibo support at 1.7 dollars and then similar movement to the upside in the option 1. Targets remain the same as in option1.
In this chart I am not going to use Mr. Ward wyckoff method because I am still in learning process of it. But from what I know it looks bullish on higher time frames and for lower times frames its "sideways at the best downward at the worst". I certainly recommend to everyone to follow and watch content from Mr. Ward, there is really a lot what you can learn. His content is all about high level of expertise so there is no better place to learn about trading.
Just one thing I want to add is that the most important thing in life, crypto or in general is BEING PATIENT AND TRUSTING THE PROCESS!!! SO DONT GET CAUGHT IN CURRENT EMOTION AND RATHER THINK LONG TERM!
PS: Always remeber, wait for confirmation! Feel free to comment and share you opinion! I am still learning so your opinion is welcomed!
Happy trading to everyone!
Not Responsible for actions of others based on my opinions.
ADAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is engaged with the resistance line in front of it, and if it breaks that upwards, it will move towards its second resistance.
If it can not break the line upwards and we observe a weakness in the process, it can drop down to the support line gradually.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Critical Levels for CardanoThe analysis I make is just an idea not an investment advice. Please manage your risk while trading and please make your investment decisions only by yourself.
CARDANO NEXT BIG MOVE IS GOING TO BE CRAZY!!Hi everyone, just quick update for Cardano, it looks like that cardano holds 0.618 (1.81usdt) fibo support nicely and is ready for its next upward movement. Target price according to fibo extension would be at 1.618 which is around 3.918usdt. Basically I am using fibo retracement for finding support and fibo extension for finding next target zone and also basic trend lines can help.
As you can see I am using indicators by Mr. David Ward Jr., but I dont understand his method that much yet. So as we can see that red RSI and blue LSMA are closely at level 50, white energy needs to turn back up and close above level 50. But firstly we need to green going up above level 50 and close. When red rsi and blue LSMA both above 50 crossed with green while green goin up indicates upward pressure. But according to Mr. Ward we need to watch lower time frames to see if upward is really happening. Lower time frames need to win the race against the higher time frames. Also BB bands are contracting which indicates some big movement ahead of us!
I certainly recommend to everyone to follow and watch content from Mr. Ward, there is really a lot what you can learn. His content is all about high level of expertise so there is no better place to learn about trading.
PS: Always remeber, wait for confirmation! Feel free to comment and share you opinion! I am still learning so your opinion is welcomed!
Happy trading to everyone!
Not Responsible for actions of others based on my opinions.
ADAUSDT | SIDEWAYSADAUSDT after making a top of 3.102, has come down to fib level 0.5 which is acting a good support.
However, it is unable to break 0.382 level. Hence moving sideways.
Trade Plan:
Wait for the range to break.
1. Take long if it breaks upward
2. Take short if it breaks downward.
Let us know what do you think in comment section
ADA Cardano - Weekly Chart AnalysisSeems a minor bearish divergence on Weekly chart, that will look to the Mean - POC (Point of Control)
If it doesnt goes down in a couple of weeks, the green monitor starting to get Red i would be biuying again, but thats the future and we dont know it!
Red = Buying zone
Green: Buying spot
Blue: Selling spot
NOTE
Logarithmic Scale
Weekly chart, analysis for next 3 months aprox.
My personal analysis and wishes
Not financial advice
🔥 ADA Bull Flag Break OutJust like many other tokens, ADA has seen a strong bullish move lately. After breaking out of the bearish channel, ADA needed to re-test the top trend line to confirm the trend. This has now happened, and we're shooting up today.
In the coming hours, the $2.4 resistance could pose some opposition, but I'm confident that it will fall soon.
Main target is placed at $2.55, second target at $2.75 in case we see some parabolic price action.
Happy trading!
💡Don't miss the great buy opportunity in ADAUSDT @cardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 2.448
TP2= @ 2.585
TP3= @ 2.797
TP4= @ 3.058
TP5= @ 3.300
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSDT @cardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 2.448
TP2= @ 2.585
TP3= @ 2.797
TP4= @ 3.058
TP5= @ 3.300
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Possible entry on ADAUSDTADA tapped an important daily demand zone 3 times and this time around we've broken and downwards trend line leaving a hidden demand zone. Price tapped the newly created demand zone and created a new area of interest for us on the 1h. I'll be keeping my eye on that area in case price retraces.
ADAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has broken the resistance line upwards and had a pullback towards that, which is currently playing the support line role.
We can buy one step, and if the price reaches our support line, then we can buy another step.
But if it drops below the support line and stabilizes, we consider further decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck