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Adacoin

ADA long term and short term perspectivehello guys! -------long term perspective--------- Long-term support zone: Cardano has found support around the $0.30 - $0.35 level, with previous price action indicating strong demand in this area (engulfed area and old S&D zones). Bullish reversal potential: The price seems to form a bottom after engulfing the support region, hinting at a potential bullish reversal. Long-term target: The next major resistance is in the $1.20-$1.80 zone, marked as a long-term target, which aligns with previous highs. Upside path: If the current support holds, ADA could be positioned for a sustained rally toward the long-term target, especially as buyers regain confidence. Bearish scenario: A failure to hold support around $0.30 could see the price retesting to below $0.18. -------short term perspective--------- Immediate Support Zone: Cardano (ADA) is testing a strong support area between $0.33 - $0.34, which aligns with the lower trendline. Potential Bullish Rebound: A bounce from this support zone could see ADA targeting the resistance zone at $0.38 - $0.39. The engulfed area suggests a possible reversal signal. Clear Resistance: The $0.39 zone is a significant resistance where sellers previously controlled the market, making it a critical area to watch for any breakout. Downside Risk: If support fails to hold, the next potential drop could bring prices lower toward $0.30.
by melikatrader94
7
ADAUSDT current statusObservation, descending wedge however we can see potentially 2 points for a reversal. The good thing is the descending triangle that past, was indicating a further drop. However just like ETH, its breakout was up. A good sign. I think with the recent announcement for Cardano Foundation CEO resignation of Parsons could only be a good thing. If your going to go long with ADA, 0.69 is a very good entry. In addition, BTC is still in the 6400s and is likely to drop a little more but that too will most likely have lower highs. ADA entry points, 0.69 (but you can miss out) or 0.733. Cheers.
Short
by ssari
ADABTC Mid Term TradesWhile bitcoin stalls the bigger alts are seeing movement. ADA is lagging behind but if we have breakout of triangle we could see some big price action provided bitcoin behaves itself. First trade is already in progress. My plan provided the market geometry still makes the trade viable is to switch short at my target as it is pretty heavy resistance, then switch back long to complete wave 5 of the three. THiS IS SIMPLY AN IDEA. NOBODY KNOWS HOW THE MARKET WILL PLAY. but sometimes having a plan IN CASE the market does react favorably allows you to make the most of out the movements. I will be updating the idea as it plays out. Stay hungry friends.
by akhena10fx
$Ada to the road of 1900? Elliot Move troubleDear Mate's:) So most coins are starting to become bearish now - short term we will probably go a bit down for ada coin- but we will soon go into a new steep uptrend and go into a SHORT BULL MARKET from 4 wave to 5. Current ada is sitting at 2600 i am very confident that it will down to 1900-2000 satoshi range. Here is some Buy zone for $ADA BUY RANGE: 1900-2000 TARGET: 2500-2700-2800 Ada long chart i will post after this correction. Follow Us for more best advice and signal chart.
Short
by cryptobitt
2
ADA The Fenomenal Coin, But It's not time to Entry ADAAgain and again i make some analysist of the major coin and have a huge volume The Coin is ADA Major Coin that have a good move in this month but i will tell you why you have to stay away from ADA 1. We have bearish divergence in here and it was happen see it below Bearish DIvergence 2. The MA 200 cross 50 that mean deathcross see it below Deathcross 3. The RSI looks Oversold but Reversal Volume is not low like this and we cant go more up and candle cant close above 0.5 fib fan line RSI Oversold 4. Stoch RSI Oversold too Stoch Oversold 5. Head and Shoulder incoming i didn't hope it will happen but the chart look like they will make HnS Head And Shoulder 6. Bear Flag incoming Bear Flag Okay it's all from me if you not yet bought ada i advice you not to buy now but if you have some ada you can sell it if the pattern that i say happen ADA is a good coin but we must wait to buy it Thanks Syaerulid
by nobodycanstopme
2
Bullish Cardano (ADA) Trading Idea (Increase position 10-15%) Signals: Significant buying pressure allowing ADA to break past 2400 resistance, now proven to be a support level RSI showing continuous strength for past 3 weeks (This is actually a bullish sign, not an indicator for an overbought coin) Bitcoin losing dominance every week, sign that altcoin season is here. How to trade: If it can hold the 3000 level, buy in around there. Sell points Around 3500 satoshis, the first significant resistance point Buy back in after expected correction of around 10-15%, increasing your position in ADA by 15%. This step is if you are bullish in the long term.
Long
by HD1184K
2