ADA - WHERE WE DO GO NEXT?ADA - broke out of the wedge pattern, signaling a preference for opening long positions.
We successfully tested a solid support zone between 0.4130 and 0.4660, which pushed us higher.
The nearest resistance is between 1.1 and 1.24. In addition, underneath this resistance there is an imbalance (FVG) that acts as a price magnet.
Currently, the trend is bullish, which discourages short-selling. Therefore, I divided my strategy into two phases, as indicated by the arrows.
Once I reach any of these zones, I will look for confirmation and adjust my approach accordingly depending on the prevailing market conditions.
Adausdlong
ADA - Cardano - The Charles ArmyADA - Cardano - The Charles Army
Been awhile. I've pivoted to more rewarding chains. Ie. SOL and its smaller shitcoin prodigies. This one will go properly eventually; but I think your looking at about a 5x from here. Things like RAY, ORCA, JOE etc will probably do better.
Might be wrong and the ADA market makers are instructed to pump this puppy like they used to. ie 100x from bottom.
If Charles pivots this ship to be more developer friendly and .. cooler then maybe it goes bananas.
This is for my old Cardano homies. keep your head up.
#ADA/USDT#ADA
The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside
The price rebounded well from the lower border of the channel at the green support level of 0.400
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price 0.4500
The first target is 0.5080
The second target is 0.6000
The third target is 0.6870
ADA: risk for buy📊Analysis by AhmadArz:
🔍Entry:0.426
🛑Stop Loss: 0.391
🎯Take Profit: 0.461 - 0.497
🔗"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."
🚀Please boost and💬 comment to share your thoughts with us!
ADAUSD | Wave Analysis CUP&HANDLE Formation +200% TargetA potential ABC correction - cup with bull flag / flat handle ABC formation which currently retraced 61.8% of the A/1 wave with a possible a.4-a.5 stop hunt ending diagonal for a second false breakdown.
Entry Position: Once price successfully recovered from the false breakdown support zone which could be a few attempts since wave 4 often a complex triangle.
Indicator support: RSI bullish divergence in TFD confirmation of the a.5 wave.
Target Position: TP1 @ 161.8% and TP2 @ 200% Fibonacci extension +200%!
Invalidation: Below the lowest price position.
Always trade with affordable risk and respect your stop,
Good Luck
ADA ready for bull run?We have 2 Cardano charts: ADA in 2020 and now. We have very similar formations. The first serious rebound from the bottom and a 50% correction in both cases. The only thing that bothers me is that now we have seen a large volume at local highs. The price has come to the support zone and may stay there for some time after a sharp decline. But I wouldn't be surprised if the same scenario repeats. I'm not rushing to buy, just wanted to share my observation and one of the very likely scenarios. It is possible that the whales will act according to the old scheme.
ADA will create a chance to turn your life aroundHello friends, did you have a good day?
I'm going to show you a shocking and amazing chart today
It's a log-chart.
There's a way to read the ideas of the forces by applying a little bit of technology in the Fibonacci extension.
It's the SECRET of 0.1 and 0.236
0.1 and 0.236 are places where there is a fight between selling and buying, and have consolidation.
When it breaks out 0.236 upward, it can reach 0.618 (5.3135) and If it succeed in retesting beyond that, it can reach the 1 value of 38.3173.
If you take a long position at a 10x from the current point and chart goes to 1 value,
📈Cardano 2D Long Scenario / It's time for ADA📉BINANCE:ADAUSDT
COINBASE:ADAUSD
Hello dear traders.
⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr.
📈 What to Expect Next?
💡As long as ADA is above the $0.5682 level, the bullish scenario is quite valid.
The bullish scenario targets are on the price chart.
🔑Key Insights:
📈If the bulls stabilize the price above the 0.5682 area, the accumulated volume will activate the green scenario.
📉On the other hand, if the price fails to stabilize above the $0.61, second scenario is going to happen.
[ADAUSDT] - health correction done , now get bullish!ada reached the bottom 20% bearish wave as expected
it hit the lower side of broadening wedge and 0 level of fib in 2d chart...after making the H&S pattern
ada bouncing back well after that correction and expected to reach the top of the broadening wedge pattern
targets: 0.55 - 0.60 - 65 - 0.90
stoplose:0.44
if u see this idea helpful then press "like" , "follow" to provide more ideas and updates🎯
ADA: trade by breakout📊Analysis by AhmadArz:
🔍Entry: 0.571
🛑Stop Loss: 0.553
🎯Take Profit: 0.588-0.604-0.622-0.632
🔗"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."
🚀Please boost and💬 comment to share your thoughts with us!
Cardano, mid term tradingHappy Sunday everyone,
this analysis is a medium term analysis, which closes the position in the next two or three months.
In this analysis, I used a daily time frame, because if I used 4 hours, it wouldn't fit on 1 chart.
Cardano has touched channel up support that was formed since early November last year, and this pattern is still very strong and persists to this day.
We can take bullish steps now around the 0.5878 level, or wait to touch support again at the 0.5692 level, by pursuing the 52% profit projection at the up resistance channel at the 0.8710 level as profit target.
However, this time I recommend using a small margin, because it is not only the up channel that is formed, but also the head and shoulders pattern.
and if the up channel pattern breaks down, then what will happen is that bears will pursue the target of 0.3411 with a decline of -40%
My money management is simple in this trading,
I use 1% of equity without a stop loss and if the price falls to 0.3411, I make a buyback (martingale) with a volume of 2% or 3% of equity.
Hopefully this analysis is useful,
Don't forget to support and share this analysis.
Happy trading
ADA Price AnalysisADA, is currently trading within a range of prices, specifically between 0.5588 and 0.5988. There are two scenarios to consider:
If ADA maintains its price above a certain level, marked in green, and then breaks above another specific price point at 0.5934, we might see a significant upward movement of about 24%. The target price for this potential move is 0.7414. In this case, we might consider entering the market after ADA surpasses the 0.5934 level. To manage risk, they could set a stop-loss order below the green zone.
Alternatively, if ADA's price drops below the green zone, particularly at 0.5695, the next target price would be around 0.4620. This lower price level could present another opportunity for us to enter the market.
ADA +70% LONG OPPORTUNITY | CONFIRMED BREAKOUT +$1 SOONCRYPTOCAP:ADA has formed a year-long cup and handle pattern. Traditionally, this pattern is a bullish indicator of continued upward movement. The cup and handle have played out perfectly, and we have broken out of the resistance at ~0.68. This move confirms our pattern and makes this a well calculated long entry position.
I expect a 70% increase in the price of CRYPTOCAP:ADA in the short term, which would put the price above $1 (~$1.15). This is potentially a great entry to a long or large spot position before a swift upward movement.
The altcoin market cap, including ETH ( CRYPTOCAP:TOTAL2 ), is already front-running the altcoin market cap, excluding ETH ( CRYPTOCAP:TOTAL3 ). This is another bullish indicator that the alt coin market may be ready for another leg up, helping out patterns play out.
I personally added to a spot position here, but I think its a great long entry as well if you have more powder.
DYOR and bring home those gains.
ADA: buy in wedge📊Analysis by AhmadArz:
🔍Entry: 0.6453
🛑Stop Loss: 0.3646
🎯Take Profit: 0.6548 - 0.6667
🔗"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."
🚀Please boost and💬 comment to share your thoughts with us!
ADA/USD Hitting Targets and Riding the RollercoasterAlright, fellow traders, let's dive into the wild world of ADA/USD trading with a splash of humor! So, last time we checked, we were hitting those TP targets like a boss – just in time for the previous bull cycle to say "See ya later!" and take a nosedive below $1.00. Classic crypto, am I right?
But fear not, my friends, because after some serious structure review and fib level analysis (because who doesn't love a good fib?), we stumbled upon another harmonics pattern. And guess what? It's pointing us straight down to our middle leg, converging with some juicy fib levels and previous structure at that sweet ~$0.40 level. Keep those lower timeframes in check though, because we need that confirmation that it's playing nice as support.
Now, let's talk targets. We're eyeing that $1.00 mark, and if we break through and treat it like the VIP it is, well, hello there, previous ATH! Feeling ambitious? How about shooting for the stars with that 127 fib level, sitting pretty at ~$6.00. Aim high, my friends – the sky's the limit!
Oh, and before I forget, let's give a shoutout to those ADA fundamentals. Because let's be real, in the crazy world of crypto, they matter more than you think.
Remember, it's all about probability – no trading advice here, just a friendly reminder to play it safe and embrace that dollar-cost averaging life. And hey, maybe investing is the way to go – less stress, more chill.
Here's to riding the ADA wave with a smile on our faces and a whole lot of memes in our hearts. Good luck out there, traders!
Keywords: ADA/USD, trading analysis, crypto humor, hitting targets, bull cycle, harmonics pattern, fib levels, support levels, resistance levels, trading advice, dollar-cost averaging, investing, ADA fundamentals, ambitious targets,
ADAUSDT bullish continuationThe current market analysis suggests that ADA/USDT is experiencing bullish continuation, indicating a favorable environment for considering purchasing ADA with USDT. This assessment is based on technical indicators and possibly fundamental factors, such as positive news or developments surrounding the project.
On the daily timeframe, a significant buying zone is identified between $0.56 to $0.58. This range represents an area where substantial buying interest has historically been observed, potentially acting as a support level to prevent further price declines. Additionally, on the 4-hour timeframe, a fresh buying zone is noted between $0.59 to $0.61. This zone not only aligns with the upward trend but also respects the trend line, adding further confluence to the buying opportunity.
The identification of these buying zones highlights the importance of technical analysis, particularly in understanding key price levels and trend dynamics. Traders may use tools such as support and resistance levels, trend lines, and chart patterns to identify such zones and make informed trading decisions.
Moreover, the alignment of the fresh buying zone with the trend line adds significance to the buying opportunity, as it suggests a confluence of factors supporting upward price movement. This could attract more buying interest from traders looking to capitalize on the continuation of the bullish trend.
It's crucial to emphasize that trading decisions should always be accompanied by proper risk management strategies. This includes setting stop-loss orders to limit potential losses and adhering to position sizing principles to manage risk exposure effectively. By incorporating risk management practices, traders aim to protect their capital and minimize the impact of adverse market movements.
In conclusion, the analysis suggests a bullish continuation for ADA/USDT, with significant buying zones identified on both daily and 4-hour timeframes. These zones offer potential entry points for traders, with the added confluence of respecting the trend line. However, prudent risk management remains essential to navigate the uncertainties of the market and ensure long-term trading success.
ADA - Be Ready for a SUDDEN PUMP📉Hi Traders, Investors and Speculators of Charts📈
Fundamentally - I'm no fan of Cardano. In a certain sense it gives me XRP2.0 vibes, with the cult following community and all. Over-promise and under-deliver with youtube shillers is XRP style and raises red flags. Ultimately, I believe crypto is bigger than one person , and most definitely bigger than than one industry expert / founder. These are a few reasons as to why fundamentally, I'm not an ADA fan.
HOWEVER. As I've said many times before, any coin can and will be traded by whales. Herewith lies opportunity for retail traders, IF you manage to get a good entry. From a chart analysis, Cardano has broken out of accumulation phase by forming a clear bottom. We even start to see glimpses of a new bullish cycle starting as the price makes higher lows.
To the left from a weekly outlook, a wick to the purple 200d moving averages is possible. On the right, from a daily perspective, we'd like to see the turquoise 100d moving averages hold:
I believe it's possible for the price to continue increasing from here and I even believe a hard and sudden, random pump is possible (likely followed by a sudden dump). I'll be looking for increases 30% and 45% from here, as near term targets. Higher is possible, but I'll leave higher targets for a later post once we have actually achieved these price levels. You may need some patience though:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
KUCOIN:ADAUSDT COINBASE:ADAUSD