Adausd
New ADA Long Opportunity 18-30%+ BreakoutIf CRYPTOCAP:ADA continues on its uptrend over the next few weeks to months, which is more than likely if you look at the total Altcoin Market Cap breaking out, then here are two targets to watch: 0.82 for an 18% gain and 0.9 for a 31% gain.
Watch and wait for confirmed breakouts from the drawn resistance levels, and enter once it surpasses them with some momentum. These resistance levels are based on past price action and can usually be relied on for market price walls.
DYOR AND GET THOSE GAINS!
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ADA is poised for an upswingHello traders!
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(ADAUSDT 1M chart)
The upward trend began when the MS-Signal indicator rose above.
Additionally, since the MS-Signal indicator has switched to a bullish sign, it is expected to continue its upward trend if the price holds above 0.236 (0.6024).
(1W chart)
If the upward trend continues,
1st: 0.9250
2nd: 1.3678
3rd: 1.9655
It is expected to rise to around the 1st to 3rd levels above.
We need to check whether the price can be maintained above the top of the box of the HA-High indicator.
(1D chart)
The (1) section is the psychological volume profile section.
Accordingly, the key is whether the (1) section can be broken upward.
To do that, we need to make sure the price stays above 0.6984.
If it falls below 0.6984 and shows resistance, there is a possibility that it will turn into a short-term downtrend.
The important point to continue the upward trend is around 0.236 (0.6024).
Looking at the Renko chart, it shows that an upward trend is about to begin.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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ADA: sell-high buy-low📊Analysis by AhmadArz:
🔍Entry:
sell:0.758
buy:0.598
🛑Stop Loss:
sell:0.788
buy:0.562
🎯Take Profit:
sell:0.726-0.687-0.654
buy:0.662
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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Cardano Can Retest December 2023 HighsCardano with ticker ADAUSD can be trading in a higher degree wave (5) that can retest the December 2023 highs.
Looking at the short-term hourly chart, we see it slowing down for subwave iv correction before a continuation higher for wave v of (5) towards 0.70 - 1.00 target area. Ideal support comes here around base channel resistance line and 0.58 - 0.56 area.
ADAUSD | Wave Analysis | Inverted Head & Shoulders Pattern +150%Confluent Wave Analysis with price action and chart pattern trading setup:
> The third wave correction after doubled zigzag ABC pattern forming a valid inverted head & shoulders pattern with barrier triangle ABCDE wave - with confirmation fake breakout D and E wave.
> Entry at B-D downtrend line breakout / WMA50 week
> Target 1 @ 161.8% Fibonanci extension +100% upside
> Target 2 @ 200% +150%
> Indicator: EWO - doubled bullish divergence in TFW
#ADA/USDT#ADA
The price is moving in a descending channel on a 4-hour frame
We now have a successful penetration of that channel upward
We have oversold conditions on the MACD indicator
We also have a higher stability moving average of 100
Entry price is 0.5230
First target 0.5443
Second target 0.5852
Third goal 0.6391
Ada forming a diagonal pattern in a larger wave degreeGreetings
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
ADAUSD: Changing my EW count. Slightly more bullishThe price action between June and October last year as minor wave 1 and 2 bugged me a lot. The move between June 8 and July 14 looks like an obvious 3 waves. I tried to make it fit with 5 waves, but it was a stretch. The current price action is also an obvious impulse move. The leading diagonal idea is not valid any longer since the current price action moved up too high and in 5 waves. So, I had to go back and start to decompose the previous correction.
If we go back to April 14, 2023, high and make that wave X correction high, then things fall into place with a much more prevalent triangle from April 14th to October 19th. So, the start of impulse is on October 19th, rather than on June 10th. In this count we can also assume minor degree waves 1 and 2 are also complete and the very powerful wave 3 of 3 of 3 should be under way. If this holds true, then my previous idea for loading up at $0.45 will not happen any longer. There should be a slight correction, but it cannot break $0.448. This will also mean price should go at the previous all time high in the next 3 to 6 months before any meaningful correction. In grand scheme of things, price will put in some kind of a cup and handle pattern in the macro timeframe.
I was bullish before, but this count make me more bullish and with slightly higher targets. As long as price does not break below $0.448 between now and the end of this new 5 wave sequence, things are good to run wild!
ADA/USD Secondary trend.Secondary trend. Logarithm. Timeframe 3 days.
The same parameters on the line graph.
local trading situation . Clamping zone. Timeframe 1 days.
ADA/USD Local trading situation
The main trend for understanding accumulation and distribution zones. Timeframe 1 month
ADA/USD Main trend
ADAUSD: Game on!!!ADA has made an unexpected move upward that has confirmed the next bull market. In my last analysis, I was keeping a leading diagonal count as the primary count. That also meant some serious corrections before the move up. However, ADA is making some great strides and the coin price is responding accordingly. If the June to July 2023 price action can be fit in a 5 wave structure, the rest fits in a very nice looking impulse. With this weeks price action, we have a full 5 waves structure on minor degree. It is extremely constructive price action for ADA and pretty much confirms a new ATH within the next 12 to 18 months.
The pattern since June 2023 is looking like a raising wedge and most likely there will be a correction soon. But, there could be another 20-30% move before that happens. Depending on when the correction starts some re-entry targets can be set. I will be buying anytime price goes below $0.45.
Once the current bullish sequence is complete, I will mark that as the intermediate degree wave 1 of primary degree wave 3. The next correction would be intermediate degree wave 2 which can last up to 6 months or about half the time taken for wave 1 (which has been almost one year). This will be last buying opportunity for ADA at the cheap in my opinion, because wave 3 of 3 will begin and we should see the most insane rise for ADA in its history. For now, i am prepared to hang tight and not worry until $0.22 is broken. That is the most critical level to watch.
Make Way for ADAADA/USD on the daily chart.
Price flipped a rising resistance to support.
Price has retraced to the .5 fib level.
This coincides with an oversold trend in the RSI.
Price has smashed through simple moving averages.
SMA's sloping upward.
Targets overhead in purple based on fib extensions.
Risk:Reward: 1:9
NFA, do your own DD
Novice here.
ADAUSDT,🟢Still bullish...?!🟢(Details on caption)
By examining the ADAUSDT (Cardano) daily chart, we can see the price retraced to 50% of the previous leg, filled the FVG, and started the uptrend.
In addition, the price created the buy side liquidity that formed as an equal high which can be defined as a target.
Now, the demand zone is the first support for the price and we can expect the price to move higher after hitting this zone. If this demand zone does not work the last line of defense is the FVG formed in the OTE zone.
What you should know: Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency.
💡Wait for the update!
🗓️25/02/2024
🔎 DYOR
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