DOW THEORY APPLIEDADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases:
1) An accumulation phase
2) A public participation phase
3) A distribution phase
The accumulation phase represents informed buying of the investors.
The public participation phase is where the prices advance rapidly along with great news.
In the distribution phase, the same "informed investors" who "accumulated" near the bottom begin to "distribute".
Right now, we might expect a couple of months-long Accumulation Phase before any rally due to Public Participation.
For more information on Dow Theory, you can read "Technical Analysis of Financial Markets" by Johny J. Murphy
Adausd
🔴 ADAUSDT 🔴NO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
ADA ☁️ 24-Hr Outlook - Bearish Market; Rebound In 1 Week? Cardano faces clouds ☁️ or even 🌧️ rain in the next 24 hours. This translates into a slightly bearish market with downside risk. 📉
Over a one-week horizon, CRYPTOCAP:ADA will likely see the sun return. ☀️
Follow us for more #Crypto weather insights!
it's time to going up for ADAUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want closed the position but our target is the third one)
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management)
*************************************************
if you want to enter in this position:
Enter Price: 0.3136(when completely closed here or higher, not different)
Target1: 0.3155
Target2: 0.3192
Target3(Final Target): 0.3221
Stop loss:0.3111
*************************************************
Cardano ADA price at a crossroadsAt the beginning of the year, ADA holders rejoiced that their coin was one of the first to break the long downward trend and that its price was expected to grow strongly.
However, there were 5 attempts to break above the strong mirror level of $0.42-0.43 and all failed, so it turns out that "someone" was selling out.
Did "they" know in advance that in early June, the SEC would say that Cardano's ADA is a security and that the ADAUSDT price would strong fall on the negative news?
I would like to believe that this is a coincidence, but the crypto market is currently unregulated and anything can happen.
We're keeping our "fingers crossed" that ADAUSD buyers will manage to break through and gain a foothold above $0.295. This will open the way for them to reach at least $0.36, and if they are lucky, the notorious $0.42-0.43.
However, we must also admit that if you look at the global chart, you can see that the ADAUSDT price still has room to fall. For example, to $0.17-0.18.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
ADAs dilly fades 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!
...almost a full retrace of the dilly.
This is a good place for bulls to prove themselves.
Losing this level wouldn't be the greatest look, MO.
Other levels of interest, but this would be a nice one to see an impulse up from.
Cheers!
ADA Cardano and the Altcoin Season ThesisIf you haven`t sold ADA here:
Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ADA Cardano, for which my price target is $0.45.
Looking forward to read your opinion about it!
The 0.4080 point is the divergence point of the rise and fallHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ADAUSDT chart)
This rise did not turn the trend into an uptrend.
Therefore, I think that the movement to switch to an upward trend will begin only when the price rises above the 0.3032-0.3731 section and maintains it.
I would expect the price to hold above 0.4080 to start a full-fledged uptrend.
The timing of purchase is important for investment, that is, trading, but in the end, you must think about the increase compared to the investment period and decide.
In that sense, if it rises above 0.4080, ADA is a good coin to trade from a mid- to long-term perspective.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
ADAUSD crossed over the MA200 (1d). Buy signal.ADAUSD crossed over the MA200 (1d) after 5 weeks under it.
The main pattern is a Channel Down and the last time the MA200 broke after a bottom, made the price peak near the 1.382 Fibonacci level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.44000 (under the MA200 1d).
Tips:
1. The RSI (1d) is overbought. The other two times it reached that level this year, one was at the start of an uptrend (straight after crossing above the MA50 1d) and the other at the end of the uptrend (but the MA50 1d has been broken much earlier). This time the MA50 (1d) just broke today, so it is more likely that we are still at the start of the uptrend.
Please like, follow and comment!!
ADAUSDT 🔥 Ascending Triangle Reversal Pattern As you can see price has been in a downtrend for a while but for now we can clearly see an ascending triangle pattern that oftentimes lead to a trend reversal.
My trading plan is laid out clearly in the chart. You can see TPs and SL as well as the best entry point. You can either wait for the breakout of this pattern or even a breakout and re-test approach whichever your style is.
The most important thing, NEVER risk more than 3% of your entire capital on a single trade. Master risk management and become profitable this way in the long run.
Happy Trading!
Kina 🔥
ADA Cardano Buy TF H4. TP = 0.3338On the 4-hour chart the trend started on June 10 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.3338
But do not forget about SL = 0.2161
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
Cardano ADA can show new dipHello, Community!
Let's continue analyze crypto assets using SmartBot. I will remind you, this is an automatic trading strategy which defines the dynamic support and resistance levels, adjusting entry and exit points according to current market state. Today it's time for my favorite altcoin CRYPTOCAP:ADA .
On the ADAUSDT price chart we can see that since start of July SmartBot have already succesfully closed to position in profit. It had two entries at $0.287 and $0.27 using DCA approach. Notice how perfectly the second level corresponds with the local bottom. After that the bounce has ended exactly at the dynamic resistance level which has been defined by the strategy.
After closing the trades script has generated the base, which is pointed out as old base, but this base was not valid becuase we have the current base formed before reaching any support level.
Now we have the new base at $0.283 which is about to be broken. In case of breakdown it's likely to see the dip to the four support levels. Support 1 is located at $0.276, support 2 at $0.268, support 3 at $0.255, support 4 at $0.233. When one of this support will be reached the resistance level is gonna be generated as well.
Best regards, Skyrexio team
__________________________________________________
🔥Follow and smash the rocket 🚀 button to support us🔥
USD vs CRYPTO : macro look, usdt.d in the mix, alt comparisonUSD vs CRYPTO : macro look, usdt.d in the mix, alt comparison
wow lot here but some clear ish macro trends.
seems either 1 of 2 spots, once again. see the flags.
1. dxy aint done. usd pumps to astronomical levels while btc does a big fake pump into huge dump as dxy blows off.
2. dxy is done, loses this key support and rolls over giving risk on assets like btc a huge pump. in this case a % comparison for ADA (i think a good example of 'ave top alt performance') against btc is shown from that bottom. choose your alt wisely, hodl, and ye shall be rewarded.
looking like 2. to me tbh but iam obviously biased.
would love to also see what macro patterns you see here? seeing something different?
gl
Cardano ADA potential rally with the Stock MarketCryptocurrencies were left behind by the recent Stock Market rally.
With the arrival of new BTC Bitcoin ETFs, I expect the Crypto Market to follow!
ADA/USDT long
Entry Range: $0.26 - 0.29
Take Profit 1: $0.34
Take Profit 2: $0.40
Take Profit 3: $0.43
Stop Loss: $0.22