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ADAUSDT

Important volume profile section: 0.5941 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (ADAUSDT.P 1M chart) Important volume profile section is formed in the 0.4346-0.5941 section. Accordingly, the key is whether it can receive support and rise near 0.5941. - (1W chart) Currently, the BW(100) point is formed at the 0.6818 point, so the point to watch is whether it can rise above 0.6818. To do this, we need to see if it can be supported near 0.5941 1st: 0.6206 2nd: 0.6818 and rise to the 1st and 2nd ranges above. Since the HA-HIgh indicator and the BW(100) indicator indicate the high point range, if it breaks through this indicator upward and receives support, it is highly likely to renew the high point. If it fails to rise, it may fall until it meets the HA-Low indicator or the BW(0) indicator, so we need to think about a countermeasure for this. - (1D chart) If it is supported near 0.6818 and rises, you should set the target point at around 0.9242 and think about a countermeasure for it. If it falls below 0.5941, you need to check if the BW(100) line is created. If the BW(100) line is created, it is likely to lead to an additional decline, so you need to think about a countermeasure for it. For now, if it falls below 0.5693, I think there could be a sharp decline, so you need to prepare a countermeasure for it. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Cardano provides second chance before altseason startsHello traders, Cardano price declined on over 60% since March and lost almost all gains for the past year. Currently ADA is trading at very attractive price levels for long term buys. Considering that there might be new altseason coming soon I think that it's good time to buy ADA in mid or long term as it can repeat recent growth above 0.8 level easily. The main buying area located at 0.25 price level but I'm not sure if ADA drops there unless BTC will test 50k area again. If this happens then it will be perfect buying opportunity but even current levels are great for long term. For the bulls it's important ADA to break 0.4 resistance level and hold above. If this happens then we can expect continuation of the rise. Please, do not forget to boost this idea and leave your comments below, thanks.
by Real_CryptoRoy
22
Cardano Show Started: +1,200% Against BTC Target in Sight Description: Cardano (ADA) vs. Bitcoin (BTC) on the weekly chart has broken out of a long-term downtrend, signaling a potential trend reversal. After a prolonged decline, ADA found strong support near historical lows and surged upwards, breaking through the descending trendline with a significant increase in volume. This breakout aligns with a projected target of 0.00006437 BTC, representing a potential upside of over 1,200%. If ADA can hold above the breakout level, this move could signal a major bullish phase in the ADA/BTC pair, with further gains likely if momentum continues.
Long
by aniskrim25
ADAUSDT LONG TIME SUPPORT HOLDING? Hello, dear HODLers! This is ADAUSDT on the weekly timeframe. The black line has been a significant level since October 2022, shifting between support and resistance for over two years. In 2024, it began acting as support starting in the first week of July. Since then, the wicks below this level have started getting shorter, suggesting that selling pressure might be weakening. This level could mark the beginning of the next bull run. If we see another dip that holds with an even shorter wick, I would consider it a confirmation. Stay safe, and feel free to leave any comments or questions. Thanks for reading!
Long
by vagada
ADA USDT thesis with RAG AI by Titan_KarmaIntraday Scalping Strategy Analysis for Cardano (ADA): Evaluating Long Positions Amid Current Market Conditions Abstract: This thesis examines the viability of initiating a long position in Cardano (ADA) based on current market conditions, using an intraday scalping strategy. The analysis leverages a combination of technical indicators, real-time data, and sentiment analysis to identify optimal entry points and manage risk effectively. The findings are grounded in a comprehensive evaluation of the market's bullish momentum, positive sentiment, and recent trading patterns, with an 85% confidence level supporting the trade recommendation to initiate a LONG position. 1. Introduction This thesis aims to explore the application of intraday scalping strategies to ADA, specifically under current bullish market conditions. With Cardano's price reaching $0.4406 and a significant surge in trading volume (266.96 million), there are indications of continued upward momentum. However, caution is warranted due to overbought technical indicators. This study identifies strategic entry and exit points to optimize returns while minimizing risk. 2. Background on Cardano (ADA) and Scalping Strategy Cardano Overview: A brief overview of Cardano, its role in the blockchain ecosystem, and the factors driving its adoption. Intraday Scalping Strategy: Definition and explanation of scalping, a high-frequency trading strategy that involves capitalizing on small price movements throughout the day. This strategy is particularly effective in moderately volatile markets like ADA. 3. Data Sources and Market Analysis Coinglass Data: Open interest remains healthy, with a favorable funding rate indicating market participants are predominantly taking long positions. The absence of significant liquidations suggests a stable trading environment. Binance Order Book Analysis: The presence of substantial buy walls at $0.4350 suggests strong support, which could act as a buffer if a retracement occurs. The moderate volatility index indicates a conducive environment for scalping. CoinMarketCap Metrics: A robust liquidity score and stable market cap reflect sustained investor interest, with candlestick patterns pointing toward a bullish continuation. Sentiment Analysis (Augmento and CryptoCompare): Predominantly positive sentiment among traders, driven by recent whale activity and institutional interest, reinforces confidence in ADA's short-term bullish outlook. 4. Technical Analysis of Current Market Conditions Relative Strength Index (RSI): The RSI is above 70, indicating overbought conditions. Historically, this level suggests a potential for short-term pullbacks. Stochastic Oscillator: High Stochastic readings align with overbought conditions, advising caution for new entries until a retracement is observed. Bollinger Bands and Moving Averages: The price is near the upper Bollinger Band, suggesting potential resistance, while the price remains above the 50-period moving average, indicating bullish momentum. MACD: A recent bullish crossover on the MACD supports the continuation of an upward trend, aligning with the current market sentiment. 5. Trade Recommendation and Strategy Position: Open a LONG position if the price retraces to the support level of $0.4350. Entry Criteria: Timeframe: 15-minute intervals to capitalize on intraday movements. Indicators: RSI above 50, MACD bullish crossover, price near the middle Bollinger Band, and moderate volatility. Stochastic Oscillator: Monitoring overbought conditions to identify optimal entry points after a pullback. Exit Strategy: Take Profit: Target set at $0.4500 to align with the next resistance level. Stop-Loss: Set at $0.4300 to mitigate downside risk. Exit Point: Recommended exit around $0.4450 to secure gains while avoiding potential pullbacks. Confidence Level: 85% 6. Risk Management and Market Dynamics Support and Resistance Levels: The $0.4350 level serves as a key support zone. A break below this level could signal a shift in sentiment and invalidate the long trade setup. Volatility and Market Sentiment: Given moderate volatility and high bullish sentiment, traders should remain agile, adapting quickly to changing conditions. Overbought indicators suggest monitoring for potential pullbacks before entering new positions. Correlation with Broader Market Trends: ADA’s price movement remains correlated with Bitcoin (BTC), which also shows bullish signals. Any significant shifts in BTC’s performance could impact ADA’s trajectory. 7. Conclusion The current technical and sentiment indicators provide a favorable setup for initiating a long position in Cardano (ADA). However, the overbought conditions identified by RSI and Stochastic indicators warrant caution. The recommendation is to wait for a retracement to the support level of $0.4350 before entering a long position. The exit strategy, stop-loss settings, and profit targets are designed to optimize returns while managing risk effectively. 8. Future Research Further research could explore the impact of macroeconomic factors on ADA’s price, the influence of whale activity on market sentiment, and a comparative analysis of ADA’s performance relative to other Layer-1 blockchain projects. Additionally, studying the correlation between ADA’s market movements and those of Bitcoin could yield insights for improved predictive models. This thesis provides a comprehensive analysis tailored for traders leveraging intraday scalping strategies, focusing on optimizing entry and exit points in a moderately bullish market environment.
Long
by titankarma
Cryptocurrency ADAUSD CARDANO: Next to break out. I bought into this one recently but it was weighing heavily since the purchase in terms of price not quite breaking-out enough, but that all changed today as Cardano moves out of its squeeze and into climbing and rallying mode. Earlier in 2024 it entered a Supply-downtrend but in recent months buying entered into Cardano and the charts stated to expand with some volatility to upside prices. A breakout "jump" is what ADAUSD set-out to do in 2024 and with supply switching mostly over to demand and with Bitcoin now very close to 71,000, that time is near.
EIGHTCAP:ADAUSDLong
by Easy_Explosive_Trading
DreamAnalysis | Identifying Key Triggers For ADA✨ Welcome to Today's Analysis! Today, I’ll be analyzing ADA/USDT and identifying key triggers for trading opportunities in both spot and futures markets. 📅 Daily Timeframe Analysis In the daily timeframe, ADA/USDT has been in a prolonged downtrend since reaching a high near the resistance level at $0.6660. After about 200 days of decline, the price has now reached the significant support level of $0.3150. This level has proven to be a crucial area of support, experiencing numerous interactions with candlesticks over time, which has slightly weakened its strength. 🔽 If ADA/USDT breaks below this level, it may drop further to the next support level around $0.2770. This area serves as the last stronghold, and a breakdown here could trigger sharper declines. Conversely, a rebound from the support level could lead to bullish triggers at $0.4041 and $0.4649, though these setups carry higher risk. I will use volume and RSI confirmations for entry to mitigate this risk. 🔼 Currently, the volume appears to be consolidating, indicating limited momentum in the market. A confirmed volume spike alongside a support break would suggest a strong bearish move, while a volume increase on a rebound would signal a potential bullish reversal. The primary bullish trigger would be a breakout above $0.4041 for spot trades, with potential targets at $0.4900 and $0.5700. ⏳ 4-Hour Timeframe Analysis Moving to the 4-hour chart, we can see that the $0.3150 support aligns closely with $0.3286 in this timeframe. The price has recently bounced off this level and is currently attempting a pullback. If the pullback establishes a lower high, it will validate the breakdown and we can target $0.2770 next. 📉 In the event of a fake-out (where the price breaks support and then re-enters the range), a recovery above $0.3500 would indicate that buyers are stepping in to push the price higher. In this case, we could anticipate a move toward the upper range, with a long position triggered upon a break of $0.3669. A higher high, confirmed by an RSI move above 50, would strengthen the long setup. 📈 If momentum picks up, we can also aim for the key resistance at $0.4123, offering a solid opportunity for an extended long position. ❌Disclaimer This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
by DreamAnalysis
Cardano / ADA Cardano price today is $0.37with a 24hour trading volume of 610 million dollar. ADA price is up 3% in the last 24 hours and 45% up since last month what is cardano? well, cardano is a proof of stake blockchain cryptocurrency founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. The Cardano blockchain was created for decentralized application distribution and it hopes to solve issues such as scalability, interoperability, and sustainability. Smart contracts are also adapted in the design of Cardano to ensure the blockchain platform can run independently without the need for any professional or third party oversight. now lets talk about ada price as you can see Ada stuck in a blue channel and bulls trying to break it and back to 0.41 which is another important resistance, if ada breaks it then 0.45 and 0.49 are next targets
Long
by moonypto
21
When everyone is busy on other alts, ADA cooking its own MOVE!↑↑I'll simplify on this one -- reflective of ADA's non complicated nature. KEY NOTE: WEEKLY Price Yearlong standing price support -- currently bouncing off it with accuracy. WEEKLY NET VOLUME surge. Weekly Histogram Higher Lows. Thinning movements on the lower price range -- HUGE HINT. Currently sitting just above 1.0 FIB level -- beyond bargain / discount. THIS IS RIPE for BIG MOVES. A bottom fish opportunity that doesn't come very often. Previous ATH target will not be far-fetched. Spotted at 0.29 TAYOR Safeguard Capital always.
Long
by JSAL
7
Descending TriangleThe Cardano (ADA) chart currently shows consolidating within a compressed descending triangle, characterized by lower highs and higher lows. Recently, there was a false breakout on the upside, but the price failed to hold above and returned to the range. Given the current market conditions, a confirmed breakout above the triangle could signal strong buying momentum, leading to a significant upward move. This bullish movement could occur as buyers accumulate the necessary liquidity to push the price higher. If this breakout is confirmed, we could anticipate further upward targets. However, if the breakout is not confirmed and the price continues to range within the triangle, we should expect more price fluctuations and potential consolidation.
by MonoCoinSignal
ADA → Bearish Pressure !!!The price is forming a descending head and shoulders pattern, indicating a lack of liquidity in this time frame. If the price follows this pattern, it could drop to around 30 cents. ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
2
Cardano: Crash Ahead? Prepare for a Potential 20%+ Downside!Hey Realistic Traders, let’s dive into the analysis of BINANCE:ADAUSDT On the daily chart, Cardano continues to struggle below the critical EMA200, signaling a persistent bearish bias. Even more telling, the price has repeatedly respected the bearish trendline, underscoring the strength of this downtrend. To make matters worse, we've seen a breakout from two major bearish formations: the Rising Wedge and the Ascending Broadening Wedge. Both patterns point to a continuation of the downward spiral. Adding fuel to the fire, the MACD has made a clear bearish crossover, confirming that the bears are firmly in control. Based on these signals, we anticipate a sharp drop toward the first target at 0.2753. After that, a brief pullback could bring prices back into the green zone before heading even lower to the second target at 0.2384. This technical outlook remains valid as long as the price stays above the support area at 0.4158. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Cardano. Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Short
by financialfreedomgoals101
3
SasanSeifi|Will the 0.30 Cent Level Hold?Hey there, ✌ BINANCE:ADAUSDT In the daily timeframe, as observed, the price followed a downward trend from the 0.80 cent range, extending the correction down to 0.30 cents. Afterward, the price entered a consolidation phase within the 0.30 cent range, which has since been maintained. Currently, we’re seeing a breakout of the long-term descending trend line, and the price is trading around the 0.35 cent level. The scenario we can consider in the daily timeframe is that, given the preservation of the demand zone and after accumulating liquidity, the price could see an upward movement towards the target of 0.39 cents and the supply zone in the 0.42 cent range. To confirm further upward movement, we need to observe the price’s reaction to these zones. (For a continuation of the uptrend and reaching the 0.50 cent target, the supply zone needs to be broken, with the price stabilizing above it.) On the other hand, if the price falls below the 0.30 cent range after a consolidation phase and stabilizes, the probability of further correction increases. 💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Long
by SasanSeifi