Cardano can grow up to 0.28 priceHi guys, let's look at the current situaition on Cardano.
After breaking 0.25 support level Cardano didn't drop as low as I expected. Basically ADA price didn't manage to hold below 0.25 level and has been fluctuating between 0.26-0.24 prices. At the moment Cardano price is trading above 0.26 level but I don't see any potential for growth. In case if Bitcoin continue to rise, ADA price potentially can grow up to 0.28 level but I don't think that it can rise higher than that.
Overall I remain bearish on Cardano and still think that it can drop up to 0.2 price.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
Adausd
ADA Under Pressure - Next 24 Hours Bearish - Storm Ahead ⛈️Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Ether, Cardano, Polygon, and Polkadot may come under pressure.
Over a one-week horizon, the bearish trend will continue to linger over the crypto universe with Bitcoin being the notable exception. Slightly bullish sun ☀️ will shine over the world’s largest cryptocurrency with a possible upside in its price over this longer time horizon, ATTMO forecasts show.
Follow us for more crypto weather reports!
Cardano's (ADA) Pivotal PlayCardano (ADA) continues to make strides in the cryptocurrency arena with recent developments, including the launch of a staking feature and the welcoming of the first crypto options exchange. These advancements are expected to enhance ADA's utility and adoption, contributing to its recovery narrative.
The current price of ADA is $0.2584. Despite a slightly bearish market sentiment with a Fear & Greed index score of 49, the recent positive developments could act as a catalyst for a price rebound.
Technical Analysis:
Nearest Support Zones: $0.25, followed by $0.22.
Further Support: $0.277 and $0.325.
Nearest Resistance Zone: $0.30 (previous support), followed by $0.42.
Further Resistance: $0.399 and $0.423.
Most Probable Scenario:
The momentum from recent advancements may drive ADA towards testing the nearest resistance level at $0.30. However, if the bearish sentiment persists, a retracement towards the support levels of $0.25 or $0.22 is plausible.
The unfolding scenario around ADA’s technicals and fundamentals provides a mixed yet cautiously optimistic outlook. Monitoring the evolving market sentiment and upcoming Cardano developments will be crucial for traders and investors.
ADAUSDT - Buy Setup ADAUSDT (1D Chart) Technical analysis
ADAUSDT (1D Chart) Currently trading at $0.261
Buy level: Above $0.257
Stop loss: Below $0.24
TP1: $0.273
TP2: $0.3
TP3: $0.33
TP4: $0.35
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
ADAUSD On the verge of a rallyCardano / ADAUSD is trading over the 1day MA50 in the past 5 days.
The pattern on the 1day time frame is a Triangle, with Support A (0.23500) holding on three different occasions and the next obstacle to overcome being the Falling Resistance (top) of the Triangle.
Right now as long as the MA50 holds, you can target 0.28855 (Fibonacci 0.236).
If the Falling Resistance breaks, you can re-buy and target 0.37500 (Fibonacci 0.618 and previous Lower High).
The 1day RSI has its own Falling Resistance to consider.
Follow us, like the idea and leave a comment below!!
Cardano Showing signs of 2x rally from hereWhat you see in the chart is a map of Accumulation that has been going on for ADA for over a year and half now.
The accumulation matches perfectly with Wyckoff Accumulation models. So far it has made its way to Phase B. This calls for a short-term rally and if the rally follows the model, then it is likely to hit the resistance Lines, which stand at 42 and 47 cents. It's almost 2X from here.
From there on we should start dipping and go to new lows to find the Spring to begin the next massive bull run to 7- 10 dollars by last quarter of 2025.
Now there is also a possibility that it may not create a new low after hitting the resistance lines, in that case it would be a Wyckoff Model 2 Schematic As shown below.
Now, if it does follow Model 1 Accumulation, the following chart shows where ADA can find the spring .
I Cannot Short This !!!🤑The ADAUSDT is in a Bullish phase by a Falling Wedge Pattern.
-A falling wedge indicates the potential for price to reach to 0.30 .
⭐ Note if the Wedge Pattern is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
ADA ☀️ 24-Hour Outlook; Bullish Short-Term Trend Cloudy, slightly bearish skies ☁️ linger over the global crypto market in the next 24 hours. A couple of altcoins, like Cardano, Chainlink, and Uniswap may benefit from sunnier, slightly bullish trading conditions, ATTMO's forecasts show. ☀️
Over a one-week horizon, trading conditions become mixed with sunshine returning to parts of the crypto sphere. Bitcoin, Litecoin, Cardano, and Chainlink have potential upsides, while cloudy ☁️ or even rainy, bearish trading conditions will prevail over altcoins like Avalanche, Binance, XRP, and Polkadot.
Follow us for more crypto weather reports!
Cardano ADA/BTC - Patience Required ADA/BTC Weekly Chart #ADA
A chart worth keeping an eye on #CardanoADA
- RSI Oversold for 2nd time ever
- Break out of bearish channel (Pending)
- Break above 50 SMA with turn up (Pending)
- Zones are rough guides.
- 115 weeks is a time guide as this was the last timeframe from
top to the bottom before bull market started. We are only at week 83.
You could nibble here. ill be waiting & watching for the break of the channel and the 50 SMA.
PUKA
ADA, does it have the juice to run away?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
The bullish variant here looks very nice, if ADA has the fuel to pump a bit.
ADA ☀️ In the Next 24 Hrs, Upside PotentialA bearish pressure with both rain and clouds 🌧️ lingers over the global crypto market in the next 24 hours, indicating a downside risk. But Cardano, Dogecoin, and Uniswap shine through the storm with potential. 🌥️
Over a one-week horizon, Bitcoin, Litecoin, XRP, Binance, and other altcoins face continued headwinds and a downward risk, while there's a ray of hope with some sun shining over Ether, Uniswap, and Chainlink, signaling upward potential in the coming week. ☀️🚀
Follow us for more crypto weather reports!
CARDANO - Lower Timeframe Overview On the lower timeframe, we can see that we have 2 entry trendlines in place.
The orange trendline = Risk entry
The red trendline = Safe entry
Trade idea:
- watch for break of either trendline for entry
- once trendline broken, stop loss goes below price
- Targets: 0.38, 0.4, 0.46
Goodluck and as always, trade safe!
CARDANO - Higher Timeframe Overview ✨For Cardano, we are expecting a deep retracement on a higher timeframe. Deep retracements usually take the shape of zigzag patterns (535). We have completed wave A ( 5 waves ) and currently in subwave C of wave B ( 3 waves ). Our misson is to catch subwave C before riding wave C ( 5 waves ).
See our next post for lower timeframe analysis.
Goodluck and as always, trade safe!
ADA 🌥️ 24-Hr Outlook; 1-Wk Horizon ☁️ 🐻Rain and clouds 🌧️ linger over the global crypto market in the next 24 hours, signaling a slightly or clearly bearish trend with downside risk. 🐻 Cardano, Polkadot, and Uniswap, however, face sunnier, bullish trading conditions with upside potential over the same period. 🌥️
Over a one-week horizon, crypto price predictions are mixed. 📅 Bearish, cloudy trading conditions lie ahead for Bitcoin, XRP, Cardano, and Binance. ☁️ Other crypto coins such as Ether, Litecoin, and Uniswap face sunnier, more bullish trading conditions with upside potential, according to ATTMO. 🚀
ADAUSD Analysis 3Sep2023This analysis sees from the market structure that occurs. After Choch the price returns to bearish and there is a fake out. At present the price has not returned bullish, still in the correction stage. There is a possibility that the price touches the fake out area before continuing bullish. Take long when the price approaches the fake out area.
Cardano(ADA) Long Term Analysis Hello my friends, How are you doing?
It's a new day and I want to talk about Cardano to you.
Actually, I really like this asset. But at this price, it's so dangerous to buy.
I want to show you where is the best place to buy and Hold and what's the Final target.
As you understand it's a big scale about Cardano.
So don't forget to Like 👍, share with your friends 🤝, and then Follow ✌️ me to be able to see my next analysis.
Did you do that? So, let's go.
Here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Ladies and gentlemen, let me introduce Cardano and the best zone to buy 😍😍
I want to analyze Cardano in Weekly Time Frame.
Before that, I want to remember It's not financial advice. so, just see and think about it.
I'm just sharing my view and opinion of the chart. Please do your own research.
Everything changed when we lost 0.33 USD in Cardano 🤷🏻♂️🤷🏻♂️🤷🏻♂️
As seen on the chart The price is so close to the first Support zone in 15-17 Cent and I expect the price to react to this support. But it's not the End of the movement. I expect the price to go up and then drop again. because the main correction has not ended.
The Second zone is between 8-9 Cent and it's the best zone to buy and hold Cardan for a long time 🧞♂️
Everybody who buys in this zone will be rich. Because from 0.09 To 10 USD.
It would happen around April 2024.
There is too much distance and I want to tell you and huge profit is coming. I mean it's more than 10000%. Such a wow.
As I told you my final target for Cardano is 10 USD 😍😍
So, don’t miss this chance.
We will enter into the depression zone soon.
Please be patient and put your order carefully.
We will never see this price anymore.
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth 💶
I hope you will fulfill your ambitions.
Sincerely Yours
Ho3ein.mnD ❤️
ADA - Excellent Zone to Accumulate NOWHi Traders, Investors and Speculators of Charts📈📉
A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders.
However, this doesn't rule out the possibility of another shakeout or bear trap, where the price drops as low as 20c before starting a new bullish phase.
A look at the technical indictor confirms this for the short term, where we see a very bearish scenario on the daily in terms of Technical Indicator.
Worried about the recent drop in price across crypto markets🤔? Check out this idea :
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
CRYPTOCAP:ADA BINANCE:ADAUSDT BYBIT:ADAUSDT.P OKX:ADAUSDT.P COINBASE:ADAUSD BINANCE:ADAUSD
ADA - Sunny Breakthrough ☀️ Amidst Crypto's Bearish Clouds ☁️The bearish trend continues in the global crypto market with clouds ☁️ and rain 🌧️ dominating the ATTMO forecasts over the next 24 hours and one-week horizon.
However, Cardano shines ☀️ ahead, indicating a slightly bullish market with upside potential.
Follow us for more crypto weather reports!