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ADABTC

ADAHello Everyone... ADA is moving in a descending channel currently and so there was a bullish divergence on a lower low into 2D Demand zone . It just resulted in a nice push to the upside. Expecting this to stall at around 1.6 then I'll see what develops. 📚 Two main opportunities I'm looking at for a long: - Reclaim resistance between $1.655- $1.708 (would be a break of the channel resistance also) - If we drop back and develop equal lows within the 2D demand, I may look at a long there also. 📌 Also I would point to an aggressive SHORT if we lose the bullish momentum on channels higher head back to the 2D demand !
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by MohammadWaezi
5
ADA - Outlook (as you asked) ✅Let's see how ADA is behaving. This is a 4H chart. The Fib retracement shows that the price had a pump and now retesting a resistance level. The market is showing SELL volumes for ADA. We might see an uptrend breakout after more consolidations. Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance. The middle Bollinger Band can push down the value, and the lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that ADA is above the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $1.281 Let me know your ideas. Good luck.
by ShawnMCR
3
ADABTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. You can see that the price has broken our resistance line S2 and has made its correction to the support line S1. If the price stabilizes above the S1 line, you can buy it here for the shown target. If it goes below the S1 line the next support would be the S2 line where you can buy. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
ADAUSDT | The best scenario for climbing🏹Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the count we had, waves 1, 2 and 3 have been completed and now the trend is inside wave 4. Wave 4 is zigzagged, and from this zigzag, waves a and b are completed, and wave c is probably incomplete. The count we had for wave c in the lower time was not normal at all, but it is shorter than wave a in terms of time, so we think wave c will continue and decline until the price of 1.00, and then start climbing for wave 5. But if the bottom of the canal is broken upwards, it must be prepared for upward movements. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
CARDANO, three basic scenarios that will tell you what to do!The ADA is in a local range between $1.48 and $1.2. In last idea, we said that squeezing and breakout a key level would be a good buying opportunity. But the price has never been able to break the key level. After that, the whole market corrected. Now the price is also near an important level (the lower boundary of the trading range), which acts as support. Now we will highlight 3 main scenarios for buying ADA: - first scenario: compression and breakdown of the lower boundary of the trading range, after which there may be a good opportunity to sell - second scenario: in case of false break-down of the lower boundary of the trading range it is better to close your positions and open a buy position - third and best scenario: if the correction continues, the liquidity zone marked below may also be the best opportunity to buy. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
4
ADA - Daily Chart ✅Let's see how ADA is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price is getting rejected by the local resistance area. The market is showing SELL volumes for ADA. Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance. The middle Bollinger Band can push down the value, and the lower band can hold the price. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that ADA is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $1.328 Let me know your ideas. Good luck.
by ShawnMCR
9