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Cardano (ADA) 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ADA/USDT UPDATE :- The support at $0.43 has held well and could be the push ADA needed to break the key resistance, which would then allow the price to rally all the way to $0.66, the next target should $0.55 fall. The indicators give a bullish bias, and the current volume favors bulls. Looking ahead, expect to see ADA attempt a breakout from $0.55, which could embolden bulls to go straight to $0.66 next. Success there would mean Cardano can finally fully exit the flat trend established back in May. This would be extremely bullish if it happens. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
Path back to $1, with another chance to accumulateWell, the bearish scenario played out since I last looked at ADA back in February, and we saw the predicted drop to around $0.40 -- a hefty 88% retracement from the ATH. I was buying at $1, so you can bet I'm buying here too! Weekly RSI has bottomed out at 30 (an all time low), and low TF structure leads me to believe we might be heading for a retest of the downtrend line. No need to FOMO though... I think we'll likely have another opportunity within the accumulation zone before ultimately heading back towards $1. But if you're like me, and you think we'll see $4-$5 ADA prices within the next couple of years, $0.50 doesn't sound like such a bad price in the grand scheme of things. Don't forget the broader economic context though, and that things could still get worse before they get better. Some are even calling for $0.10 ADA. I think that's unlikely though, and hindsight will prove this to be one of the better buying opportunities of the bear market.
BINANCE:ADAUSD
by reees
11
Cardano Reverses from $0.55 but Bulls are UpbeatPast Performance of Cardano Cardano buyers are still in the driving seat when writing, adding six percent in the past trading week despite losses in early July 25 sessions. Technically, ADA prices have more headroom and could register more gains in the sessions ahead following the reversal of losses posted in the second half of last week. From the daily chart, the July 18 bull bar is defining and a surge above the $0.55 level would confirm gains and trigger more ADA demand. #Cardano Technical Analysis Buyers are upbeat and may propel prices higher in a bullish breakout formation. Per the candlestick arrangement in the daily chart, the immediate support level is at around $0.50. The reaction at this round number and the middle BB seems to be anchoring the current state of price action and acting as a loading point from where buyers can ramp up. Going forward, traders may continue finding entries on dips, targeting June 2022 highs at $0.66 in the medium term especially if there is a solid gain above $0.55, or last week’s highs. Conversely, any sharp dump, sustained below $0.50 with rising trading volumes, would shatter bulls' confidence, triggering a sell-off towards $0.45. What to Expect from #ADA? ADA prices may likely continue outperforming the markets in the short to medium term, propped by fundamental factors. Therefore, any correction toward $0.50 could provide ideal entry points for aggressive bulls. Resistance level to watch out for: $0.66 Support level to watch out for: $0.50 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
ADA/USD: Weekly Outlook AnalysisCardano still in this bearish trend that could to reach down to $0.24 cents as possible good point to start accumulate this cryptocurrency by long term. But I believe that we could to see ADA around $0.24 cents in the end of this bear market. Right now, Cardano it's above in the support #1: $0.41 cents and important key zone to watch, in case that Cardano get a break of this support, we could to see that the price can to move to $0.19 cents, but my realistic price could be $0.24 cents. But now, if you want to buy Cardano, wait for $0.24 cents. Because I plan to re-buy Cardano. I hope that this idea support you!!!
BINANCE:ADAUSDShort
by harisonhbn9718
6
Cardano (ADA) - July 23Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ADAUSDT 1W chart) Whether or not it can move higher than 0.6611 is key. (1D chart) The key is whether it can find support near 0.4619 and move above 0.5290. A move above 0.5290 is likely to break out of the downtrend line and lead to further upside. A move below the 0.3448 point or near the uptrend line could lead to further declines, so trade cautiously. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Cardano (ADA) • Great RR hereCardano chart is looking great. I think good odds we see an 80% rally from here. Most technical indictor on LTF are now aligning and structurally speaking price trading at or above 0.45-0.49 range. Trading under invalidates and requite reclaim of clear levels described above. Potential Targets toward 0.8 - 0.9 range. Using standard indicators Weekly MACD and RSI also primed for up move. Unless it fakes out by trading under 0.45. but I think odds are good for a break up considering low volumes produced on this last leg down. Does it mean it the end of bear market for Cardano? I don't think so Instead of trying call top/bots just follow the trends and technical structures is my advice.
Long
by D7R
2
ADAUSDT 12H Future of Cardano price will be decided at weekendIt has been 3 weeks since the publication of our previous idea for ADAUSDT, but in fact, almost nothing has changed on the schedule. The ADAUSD price is further traded in consolidation. Although the rebound of the price of ADA from the bottom for the past week was 30+%, it still looks weak in the context of consolidation. So it can be not to said with confidence that the buyers have won. So, the main task for the weekend for Cardano buyers is not to allow the ADAUSDT price to fall below $0,43-0,45. Completing this task activates the price movement along the blue route, with the first target $0.66 Force majeure, panic hysteria and a fall in the cryptocurrency market, or the banal lack of Ada buyers - these are factors that can help the ADAUSDT price to be below $0,40. Fixation of the price below $0,40 may provoke a further fall in the $0,28-0,31 zone. This should be remembered _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
34