Crypto in October is "UPTOBER" by OfficialPapaRicoThere was an imbalance on the 4-hour chart that also bounced right off the 61% level. This is a long-term trade and will hopefully break new highs within the next 6 months to 4 years.
This is not financial advice but I would highly invest in buying crypto and storing it in a cold wallet. CryptoBubbles.net is also a great platform to see the top 1000 coins to invest in. This is a great time to invest in at least 10 different coins.
Good luck guys and see you next year in 2025
- OfficialPapaRico
- October 6, 2024
ADAUSDT
ADA 1W - It's closer to 0.24 than 0.51ADA 1W - It's closer to 0.24 than 0.51
If it breaks the small bullish channel that is forming (below 0.315), it's better to be out because it will surely not stop falling to 0.24. If it finishes breaking the bearish channel and reaffirms the price above 0.315, we can start thinking about serious increases in this value.
LEVELS:
SL1: 0.24
SL2: 0.10
TP1: 0.51
TP2: 0.88
TP3: 1.25 - 1.27
Before reaching 3M, we must first reach 1M and then 2M. My divinatory arts only allow me a more measured view :)
The price of ADA first has to make a consistent bottom that allows it to attack the EMA 50 in 1W. As long as it is below, we are still bearish even if it goes up.
To ride a bullish wave, we must look at the new INCREASING HIGHS and new INCREASING LOWS and set our SL at those increasing lows.
All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downwards or upwards, for the orders to be executed in one direction or the other, taking the necessary deposits from your wallet.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
ADAUSDT 1H - UP or DOWN Technical Triangle?ADAUSDT 1H - UP or DOWN Technical Triangle?
ADA is in a complex technical zone. On the one hand, it returned to the dominant bearish channel zone after having broken out of it with force. At the same time, it is in a buying zone if we look at the rising lows and highs it is building and which define a bullish channel.
Simplifying. If it breaks the triangle zone from above, we will position ourselves bullish. If it touches the base of the triangle and does not break the support, we will accumulate and if on the contrary it breaks the triangle downwards respecting the bearish channel, we will be out of the value.
All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
ADA long setup / 1:1 SettingBINANCE:ADAUSDT
COINBASE:ADAUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.3454
0.3500
0.3560
0.3617
0.3674
🔴SL:
0.3196
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ADAUSDT potential Bearish movementADAUSDT has reached the resistance zone at 0.39, where it was rejected with an engulfing candle pattern, signalling potential bearish pressure. The market has been moving sideways for the past two months on the daily timeframe, while the overall trend remains bearish, consistent with other altcoins. With the price at the top of the range, there is a strong possibility of a pullback as consolidation continues. Additionally, the formation of an ABC pattern further supports the likelihood of a retracement. The target is the support level at 0.36
ADA 1D - Buy Zone 0.33$ADA 1D - Buy Zone 0.33$
Beyond the corrective processes that we are experiencing these days following the BTC pattern, the market offers opportunities that we must know how to take advantage of.
In this case, ADA is building an upward channel leaving its current downward trend channel that has been weighing down its price since March 2024.
SL: 0.305
BUY ZONE: 0.33
TP: 0.4288
It is interesting to enter ADA at these levels of 0.33 and/or breakout of the DYNAMIC RESISTANCE. If it consolidates its exit from the bearish channel, it could perfectly recover value up to $0.605 corresponding to the 0.618% correction from the March highs.
All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
ADA Outlook after the Dip. What to expect NOW ?The ADA is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨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!!
ADA Outlook after the Dip. What to expect NOW ?ADAUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
ADA - Breakout or FAKEOUT?In many ways, ADA reminds of XRP.
And that's not a compliment... Big promises, cult following, failure to reclaim previous highs etc. Either way - ADA can and will still be traded, and profits can be made.
However, another worrisome thought is that (like XRP) many bagholders may be waiting to sell around every corner. This causes extremely tough resistance zones, and is often the reason why the price just cannot seem to get "back up there".
The clear higher lows after a bottom is a bullish sign - but is THIS the breakout? I don't know. This current resistance zone will tell. Either we smash through it and close daily candles ABOVE, or it wicks above and then drops hard to the lower side of .30's.
_________________________
BINANCE:ADAUSDT
On the way to 50 centsthe ADA is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨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!!
ADA long setup / 1:1 SettingBINANCE:ADAUSDT
COINBASE:ADAUSD
Hello Traders
💥Long position on CARDANO
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.3625
0.3665
0.3715
0.3760
🔴SL:
0.3370
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ASM or XRP who hits $0.90 first??XRP your favorite(crypto experts only) or some shizz coin that's misspelled on golf bags sent from China??
I actually would bet this hits $0.90 before BIG TIME token also.
What y'all Hedgies and wild cats calling?
NOT FINANCIAL ADVICE!!!
Also come and pick your mom up because this isn't financially feasible for her to spend the night every night.
ADAUSDT potential drop from the Resistance zoneADAUSDT shows a bearish trend on the daily chart, though it currently appears to be in a consolidation phase, similar to the broader sideways movement in the crypto market. The price has formed a range below the 0.35 resistance level, suggesting a potential decline to retest the support areas. The appearance of a doji candle on the daily timeframe indicates a pause in the recent upward movement, even with the overall bearish sentiment. The price could drop into a consolidation zone between 0.30 and 0.34 as the market looks for stability. The target is the support level at 0.3250
ADA 1H - 4H Area to watchADA 1H - 4H Area to watch
Possible pullback in this area to 0.33 - 0.36 to gain momentum and definitively break the current bearish channel that has been marking the evolution of the price since May 20.
As always in these cases, we have to analyze what the price does. If it breaks upwards we will position ourselves bullish, but if it breaks downwards, we can buy ADA at the support of the triangulation waiting for an impulse that breaks the resistance. In case of losing the base of the triangulation, we will be out of the value waiting for new signals.
TradeX BoT (in development):
Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in development and will soon be ready for BETA testing.
FOLLOW ME, and I will keep you informed of the progress we make.
ADAUSDT.1DExamining the daily chart for ADA/USDT, it’s apparent that Cardano has undergone a period of considerable decline followed by stabilization. The chart reveals a clear descending trendline, with price peaks progressively lowering, indicative of a strong bearish trend.
The price currently hovers near $0.3530, with evident support around the $0.2786 level, marked as S1. This support is critical as it has previously prevented further declines. The resistance levels are defined, with the primary resistance R1 at $0.4634. The price action around these levels suggests consolidation with a potential for either an upward breakout or further downside if the support fails.
The Moving Average Convergence Divergence (MACD) shows the MACD line below the signal line and close to crossing back, which can often suggest a potential shift in momentum. However, the negative values imply bearish pressure remains. The Relative Strength Index (RSI) is around 45, indicating neither overbought nor oversold conditions, suggesting a lack of strong momentum to drive price significantly in either direction.
In summary, ADA/USDT is in a critical phase, consolidating within a bearish trend. A decisive movement beyond the established resistance at $0.4634 could signal a reversal and potential bullish upturn, while a break below the support at $0.2786 may extend the bearish trend. Given the current market conditions, my strategy would involve closely monitoring these levels for signs of a breakout or breakdown, allowing for tactical entries based on confirmed movements beyond these key thresholds.
ADA: The Rally Awaits!Hello traders, I hope you're all doing well.
Here's a technical analysis of Cardano (ADA) on the weekly timeframe.
ADA is currently forming a symmetrical triangle pattern and is holding the support trendline at $0.28. It must maintain this support and break above the resistance trendline. If it fails, the price could drop as low as $0.087.
In the long term, ADA aims to reach its all-time high of $3.1 again, which would represent a 10x gain from the current market price.
I hope this analysis helps. Please remember to conduct your own research before investing.
Regards,
Team Dexter.
Cardano ADA price slowly turning aroundProbably shouldn't have high hopes for #Cardano CRYPTOCAP:ADA , as it is an old, heavy, and clumsy coin.
However, recently, the information field around the project has been stirring up, to the point where there will be memes on #ADA)
It would be nice to see OKX:ADAUSDT at $0.80 by the end of 2024, following the blue route, w hat do you think?
ADA Spot trade | 1200% or ATH potential in 2025 Bull MarketADA is showing strong potential for a massive 1200% surge or a new ATH in the 2025 bull market. With Cardano's ongoing developments and increasing adoption, this could be a powerful long-term play. Watch for key breakout levels as we head into the next cycle! 🚀 #ADA #Cardano #Crypto"
Centralized Exchanges See Uptick In Trading VolumesMarket Update - September 6, 2024
Takeaways
The market faced a broad decline over the past week: More than $162 million in crypto liquidations occurred last weekend, primarily from long positions, as US bitcoin ETFs experienced net outflows totaling $276 million. As of Thursday, the price of bitcoin had dropped to nearly $56,000.
The SEC has expressed concerns over FTX’s proposed distribution of stablecoins to creditors: While FTX’s plan aims to repay 98% of creditors in cash, the SEC may take the stance that remaining distributions made in crypto violate federal securities laws.
Cardano implemented its “Chang” upgrade, shifting control from its founding bodies to a decentralized governance structure using the ADA token: The long-awaited enhancement allows the community to vote on proposals and elect governance representatives.
High-ranking Binance executive Tigran Gambaryan, detained in Nigeria since February, appeared in court on Monday in pain after being denied a wheelchair: His lawyers have filed for bail on medical grounds, citing multiple health issues, but the prosecution has opposed the request.
Trading volumes on centralized cryptocurrency exchanges saw a roughly 6.6% MoM increase in August, reaching $1.2 trillion: Exchanges in North America experienced more than a 21% increase in activity compared to July.
🎾 Topic of the Week: Fetch.AI (FET): An AI Solution to Data Inefficiency
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