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Adausd

Any corrective pattern?? Continuation of Bullish MarketHello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering various scenarios that are likely to occur in the market. Although I'm going to share my analysis with you, please note that I won't be providing a buy or sell signal. My goal is to share my unbiased analysis so that you can use it as a guide to make an informed decision. To give you confidence in my analysis, I'll always share my previous analysis from the same market so that you can compare. All the details of my analysis are clearly labeled, making it easy for you to understand. I hope my analysis will be useful to you in your business journey, and I wish you the best. I'm waiting to hear from you. Finally, I'd like to remind you that like-mindedness and support, comments, and likes are the most important pillars of progress, like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely,
KRAKEN:ADAUSDLong
by Mehdi_Abbasi_EWP
🚧ADAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!ADSUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Long
by CobraVanguard
3
Cardano (ADA) is setting up perfectly for the Bull MarketCardano BINANCE:ADAUSD is setting up perfectly for the Bull Market ADA has been consolidating for the major part of 2023 and has been in a significant downtrend since early 2022. We finally have the signs that the downtrend and consolidation is over and a bullish trend can begin. Technical Analysis: 1) Breaking and re-testing the descending triangle 2) Bullish Volume is entering 3) TraderMagz Flagship Indicator - ATR God has triggered a buy after printing a Sell back in 26th Nov 2021 @$1.38. The last Buy was on the 25th May 2020 @ $0.07 4) Bitcoin halving is in April and we are seeing significant bullish momentum in Bitcoin and other Altcoins 5) TraderMagz - Divergence God has printed multiple divergences, Indicating strong probability that the weakness has ended Fundemental Analysis: 1) Cardano has been building throughout the bear market - with significant milestone accomplishments being achieved 2) Total Value Locked (TVL) in both USD value and ADA tokens has soared over the past year and is accelerating 3) Multiple new protocols are launching every week and there are more on the horizon 4) Midnight Airdrop has been announced and is highly anticipated - more details to follow 5) Cardano is one of the most decentralized blockchains and the technology behind Cardano is rapidly improving. (Mithral, Hydra, on chain governance) Price Targets/ Trade Setup: Entry : between $0.25 and $0.4 - Current price is $0.375 Stop-loss : $0.19 Take profit 1: $1 phycological level Take Profit 2: $3 - Previous all time high Take profit 3: Between $4.5 and $5.5 - $5.22 is the 1.618 fib extension target
CRYPTO:ADAUSDLong
by TraderMagz
7
ADA: A Comprehensive Analysis of the 23-24 Cent RangeOkay, so it looks like everyone's been talking about ADA, the cryptocurrency that's all the rage these days. Let's dive in and see what's going on with this digital coin. One thing that stands out is the presence of a whole bunch of factors that seem to be converging around the 23-24 cent range. For starters, there's a gap in volume that's big enough to drive a truck through. And if we use the Fibonacci retracement tool on a log scale (because who doesn't love a good log scale?) to measure the move from March 2020 to September 2021, we find that the 50% retracement level is right in the same neighborhood as that gap in volume. Talk about convenient! Another confluence to consider is the Elliott wave pattern from the top. The wave 4, which looks like a triangle and is currently hanging out in the 50 cent range, is joined by the 38% retracement level in this same area. Using the Fibonacci projection to figure out how long wave 5 will be, we can apply the rule that wave 3 is never the shortest. Since wave 1 appears to be longer than wave 3, we can safely assume that wave 5 will be shorter than wave 3. This means that if the price dips below 21 cents, it could invalidate this whole wave count. No pressure or anything. Finally, it's worth noting that the price of ADA has been making lower lows while the RSI has been making higher highs. This is known as a divergence, and it's pretty solid. All things considered, it looks like there are a ton of confluent factors in the 23-24 cent range, making it a great spot to consider building a long-term position. Just remember, it's always important to do your own research and due diligence before making any investment decisions. So there you have it! The 23-24 cent range could be a great place to park your ADA, but as with any investment, it's important to do your own analysis and make informed decisions. Happy trading and may the crypto gods be with you! If you found this analysis helpful and want to stay up to date, be sure to follow me for more insights and analysis.
Long
by DEFI-trader
CARDANO - +80% Banked! ✅ Time For A Drop?First of all, let us start by saying we are going via technical analysis only. Our last analysis played out nicely, banking us 80% raw gain! Technically, we are seeing a 535 zigzag pattern. We've seen 5 waves for wave A. We are now seeing 3 waves for Wave B. Expecting 5 waves lower for wave C. Trade Idea: - Watch for rejection within the fib levels - Confirmation that we've started a move lower will be a break of the red trendline - You can go on to lower timeframe to find a slicker entry using various methods such as trendline break, BOS etc - Targets: 0.23, 0.125, taper thereafter Goodluck and as always, trade safe! See our previous analysis below:
BINANCE:ADAUSD
by WicktatorFX
5
Cardano What's your plan ?- i just made this charts to compare 2 simple ways. - i always try to keep my maths simple as possible. - How much money you can make when you short. - How much money you can make when you long. - Ada lost -93% from ATH - So if u shorted Cardano, you could have double your invest (X2). ( have to also add and calculate fees while shorting depending on exchanges..) ( around 0.04% every 4 hours for normal users ). - From last Bottom in 2020, Ada made 16000% up to his new ATH in 2021. - So if you bought ADA and keep, you would have made 160X on your investment. - So tell me, what is the most simple and easy choice ? - Short or Long ? - Stay S4fe Happy Tr4Ding !
KRAKEN:ADAUSDLong
by thecryer
4
ADA 🐻ish ☁️ - 24-Hr Forecast - Downside Risk;Rebound In 1 Week?A bullish sun ☀️ will shine over the global crypto market in the next 24 hours, with the exception of Cardano and Avalanche which face cloudy, bearish trading conditions. ☁️ Over a one-week horizon, these bearish clouds will dominate, indicating a downside risk for Bitcoin, Ether, and other altcoins. ☁️ Some smaller crypto coins such as Cardano and Binance Coin will, however, profit from a bullish sun. ☀️ Follow us for more crypto weather reports!
by ATTMO