Get started

Adausdlong

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.
Long
by MOAZAM1133
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
by CryptoCheck-
1
Cryptolean Cardano ADA Update Last two weeks, in the daily chart ADA is teasing the key resistance zone of $0.76-$0.80. Above $0.80, bulls will take control of the ADA price chart towards $1. A daily candle closure above $0.80 will push ADA price towards $0.90 and higher. Below $0.66 is the bearish zone and ADA price will decline towards $0.57 for another re-test of the ascending daily trendline. Intraday Chart The ADAUSDT 4-Hour chart is in the bullish territory and holding the key intraday support of $0.736. A reversal from its current price location is likely and a bullish rejection of $0.736 will push Cardano to the key intraday resistance zone of $0.84-$0.88. A bearish dip to $0.69 or, even better, to $0.65 and a bullish rejection of one of these levels could offer a long trade towards $0.84-$0.88 and higher. Like once read. Thank you!
Long
by Trade-Lean
Cardano(ADA) Bullish continuation to the ATHsCardano, also been one of those tokens that are actually not pumping that hard, also mves like a tortoise, XRP's Brother. Based on the chart, ADA on the Bull run as well, from around 0.6400 we have been bullish, then we hit correction from 0.7525 which has just completed around 0.6827 then our perfect entry was at 0.7000, from there Im still expecting more moves to the upside till 0.8000, but also note that we might break above this zone till new ATH's, as im expecting ADA to atleast create a new ATH this bull-run. So you can take positions from the current price if you want to ride the wave as well. Otherwise its NFA as always. Awesome trading week.
Long
by Theofylrx
1
Looks good in the long run.Cardano currency broke its 900-day downward trend in daily time and increased the possibility of growth. For friends who are looking for mid-term and long-term investments in digital currencies, this currency can be a good option that has the possibility of growing up to 90% and also 300%. But such growth requires a little patience because we have to wait for the breaking of the important resistance range and the stabilization of this breaking in the daily time. The important range of resistance in the daily time for this currency is specified in this analysis. Also, in the time of 4 hours, a corner pattern is forming, which can cause the correction of this currency. In this analysis, we went into a lot of detail about the future and support and resistance for this currency
Long
by karaco2022
There are fantastic possibilities on the ADA chartI will share a few charts with you today. Since hitting the 0.68 resistance point on the ADA chart, we haven't been able to see a positive turn yet. Nevertheless, a formation has emerged on the ADA chart. This formation is called a 'falling wedge,' which generally indicates a potential upward movement. The target for this formation seems to be in the range of 0.63 to 0.65. However, there is still uncertainty about the upward movement for now; indicators are indecisive, and there are only possibilities. These possibilities include our first path (Green arrow), which involves rising from here and breaking the formation resistance. The second path (Red arrow) is gathering strength in the range of 0.44 to 0.45 and then moving upward again. Regardless of the chosen path, it is advisable not to make any purchases until the formation is completed, meaning our resistance point is broken. Otherwise, in the event of a general market downturn, the formation we outlined for ADA will be disrupted, and we will need to chart a new course together. So, no rush. Good day and abundant profits, my friends.
Long
by TonyStellar
8
Will the cardano/Ada rally continue? Cardano finally broke out of a long descending wedge it was in since the last high (0.67) in December. I like the fact that it held the 100sma (yellow line) twice on the daily, making a double bottom on the process. It has some resistance at the 0.382 fib, so I wouldn't be surprised if it retraced back to the top of the white trend line for a test/support. If this trend keeps going, I am expecting the 0.618 @ 0.58 as the first target, then the 1.618 @ 0.80 as the second target.
Long
by MindPoison
"Cardano Signals Bullish Reversal with Chart Pattern"ADA Cardano: Analyzing the Potential Double Bottom Cup and Handle Formation ADA Cardano, a blockchain platform known for its focus on scalability and sustainability, is capturing the attention of traders and investors as it exhibits a compelling chart pattern that could signal a bullish reversal. With the emergence of a potential double bottom cup and handle formation spanning over the past year and a half, coupled with short-term support being tested for recent lows, ADA Cardano's chart dynamics suggest a bullish outlook. Understanding ADA Cardano ADA Cardano is a decentralized platform that aims to provide a more secure and scalable infrastructure for the development of smart contracts and decentralized applications (DApps). Founded by Charles Hoskinson, one of the co-founders of Ethereum, ADA Cardano has positioned itself as a leading contender in the competitive landscape of blockchain technology. The Double Bottom Cup and Handle Formation A double bottom cup and handle formation is a bullish chart pattern that typically occurs after a prolonged downtrend, signaling a potential trend reversal. The pattern consists of two low points (the "bottoms") separated by a peak (the "cup"), followed by a smaller pullback and subsequent breakout (the "handle"). In the case of ADA Cardano, the formation of this pattern over the past year and a half suggests that the cryptocurrency may be poised for a significant upward move. Short-Term Support and Recent Lows In addition to the longer-term double bottom cup and handle formation, ADA Cardano is currently testing short-term support levels near recent lows. This consolidation phase serves as a crucial juncture for the cryptocurrency, as it establishes a base from which a potential breakout could occur. The ability of ADA Cardano to hold above these support levels despite market volatility bodes well for its bullish prospects. Bullish Outlook The combination of the double bottom cup and handle formation and the successful testing of short-term support levels paints a bullish picture for ADA Cardano. Traders and investors are closely monitoring the price action, anticipating a potential breakout to the upside. Positive developments within the ADA Cardano ecosystem, such as the upcoming rollout of smart contract functionality through the Alonzo upgrade, further bolster confidence in the cryptocurrency's long-term prospects. Conclusion In conclusion, ADA Cardano is exhibiting a compelling chart pattern in the form of a double bottom cup and handle formation, spanning over the past year and a half. With short-term support being tested for recent lows, ADA Cardano's chart dynamics suggest a bullish outlook, with the potential for a significant upward move in the near future. As market participants eagerly await confirmation of the breakout, ADA Cardano remains a cryptocurrency to watch closely for potential trading opportunities and investment growth.
BINANCE:ADAUSDLong
by UnknownUnicorn2319099
ADA : This FRACTAL shows New BULLRUN 📢📉Hi Traders, Investors and Speculators of Charts📈 ADA / Cardano has spent an extended period in the "Accumulation Zone" (this basically means sideways trading at very low prices). According to Wyckoff Method, this is the pre-cursor to a new bullish cycle. The new bullish cycle is identified when we see a breakout ABOVE the range trading zone. This is where our fractal comes in. Cardano has previously done a similar thing where the price stayed in a tight rage for an extended period of time. This, was infact the precursor to the bullcycle that led to the previous ATH ! If you didn't get an entry in the accumulation zone, now is your second chance before the price starts another bullish cycle. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:ADA BYBIT:ADAUSDT.P BINANCE:ADAUSDT BINANCE:ADAUSD COINBASE:ADAUSD
Long
by CryptoCheck-
1
ADA/BTC - CARDANO BREAK OUT WINDOW IS HERE CARDANO - CRYPTOCAP:ADA / BTC On Nov 1st I advised the following: ✅ A breakout in the window between 20th Nov - 29th Jan (could be shortened to the 8th Jan now). ✅ Bull trend confirmation = break above 50 SMA ✅Great risk/reward with stop under diagonal support Folks this could be the beginning of a long running upward move. A close above the 200 DSMA is confirmed and we are on the verge of a close above the 50 week SMA with this large 20% + move that ADA made today. If you were following me here or on TradingView you would have a position in place already that is in profit and with a tight stop under strong support protecting you against the downside. Early November I provided this chart and outlook because a window of opportunity was close. As a long term patient play ADA is still very much an option for new entries. Pull backs to the 200 DSMA or green zone are the most ideal entries, however as we are entering into the "breakout window" and we appear to be breaking out. If you do enter, always, always, always decide on and have a defined stop/get out level and stick too it. Write it down on the chart or a notepad. Stick to it. Protect yourself. For those in the trade since we shared, we are 40%+ in profit thanks to a little patience and good timing, and this is only the beginning of this trade. Don't let idle hands make you trigger happy, the trend might be upon us, don't pull the rug on your position as things are only starting to trend. PUKA
Long
by PukaCharts
5