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ADAUSDT

Cardano price might drop up to 0.3 price levelHi everyone, Cardano price didn't manage to break its local high at 0.68 and went in to a correction phase. ADA price already lost almost 30% from its local high and probably this number will continue to increase. At the moment the main support located at 0.46 price level but most likely this support won't withstand for long. In the near future I expect ADA price to drop at least to 0.4 support level but if we see dump on Bitcoin then most likely ADA price will drop even lower. Overall I expect slow downfall on ADA until Bitcoin halving happens and real bull market starts. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
10
ADA: Resistance BreakoutTrade setup : Price is in an Uptrend. Following a bullish breakout from a Channel Down pattern, price has reached our target of $0.65 for a 17% gain. That’s a resistance zone where it got rejected in late 2023. Now we wait for price to either 1) break above $0.68 resistance to signal continuation of uptrend, with +47% upside potential to $1.00 next, or 2) pull back near $0.46 support for another swing entry in Uptrend with +17% upside potential back to $0.65. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65 - $0.68, then $1.00.
Long
by altFINS
💎 ADA/USDT - What's the next Target of CARDANO ? (READ CAPTION)By checking the Cardano chart in the weekly (logarithmic) time frame, we see that the price after the correction up to 45 cents went up again and the overall efficiency of this analysis has reached more than 190% ✅! If the price breaks and stabilizes above 67 cents, we can expect the price to grow to higher levels, whose targets will be $0.82, $1.12, $1.42, $1.78, and $3, respectively! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
4
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 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
1
ADA/USDT Breakout AlertBreaking Horizontal Resistance. Potentialy New High ! .................................................................................................................. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing.
KRAKEN:ADAUSD
by CryptoTrend-Alerts
Cardano(ADA) Bull continuation Based on the chart, ADA has just completed correction wave 4 and continuation to complete wave 5 to complete wave 3 is expected, then from there we will be looking for the market to correct and complete wave 4 or if not wave 4 then we will expect market direction change. Will keep on updating on this, but for now, at the Current Price we are expecting a bullish move. I have indicated the chart so you can be able to see my sentiment clear. REMEMBER..NFA
Long
by Theofylrx
1
ADAUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Until we above 0.44 still wanna see 0.7 - 0.75$ zone. Entry: Market and lower Targets: 0.62 - 0.68 - 0.73 Stop: ~0.44 (depending of ur risk). RR: 1 to 5 ALWAYS follow ur RM. risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
3
ADA/USDT Trading ScenarioBelow is the price movement scenario for ADA. After significant consolidation of the asset in the price range between the support level at $0.2327 and the resistance level at $0.4582, an impulsive breakout of the resistance level at $0.4582 occurred at the end of 2023. This caused a subsequent establishment of a local maximum at $0.6883. Despite the overall positive trend in the cryptocurrency market and steady growth of BTC, the asset experienced a correction, dropping by more than 30% and testing the broken level of $0.4582. This was followed by an attempt to rebound; however, from the volume profile perspective, the asset encountered volume resistance. We expect further development of the scenario for acquiring the asset. In case of a decrease in the asset's price and subsequent retesting of the resistance level at $0.4582, as well as holding this level, together with the shift of the global POC to this mark, we will begin to form positions with further holding.
by Rick_SimpleSwap
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
ADAUSDT,🟢Is it bullish or bearish?!🟢 (Details on caption) Well, as you can see the price started the retracement and hit the bullish order block that formed at the 0.705 Fibonacci level. Now if the price stabilizes above 0.536, we can expect the price to fill the FVG, but if the price is rejected from the bearish order block (0.5227-0.5367) we can expect the price reach to the previous low at 0.4477 and then 0.4110. 💡Wait for the update! 🗓️04/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
by VahidTradingCR
3
CARDANO|The start of a new bullish waveHello friends, I hope you are doing well. You can see the popular Cardano currency in the 4-hour time frame. Now it would be a good place for us to have an analysis of this currency. In the daily time frame, it had an eroding downward trend in the form of a descending channel, which has now broken this channel upwards. In fact, it is also considered a flag pattern. In the 4-hour time frame, a descending channel has broken upwards, and an important supply area that has prevented price growth twice has also broken upwards. This is a sign of aggressiveness and significant upward movement. Bitcoin is very bullish and Cardano shows signs of further growth. Look for opportunities to enter buy positions in the demand areas drawn on the chart. The short-term targets are 0.61 and 0.64 , and the long-term target is 0.83.
Long
by Golden_Star1994
ADA: Approaching ResistanceTrade setup : Price is in an Uptrend. Following a bullish breakout from a Channel Down pattern, price has reached our target of $0.65 for a 17% gain. Now we wait for price to either 1) break above $0.68 resistance to signal continuation of uptrend, or 2) pull back near $46 support for another swing entry in Uptrend with upside potential back to $0.65. Now we wait for a potential pullback to $0.46 support for another swing trade entry in Uptrend. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65 - $0.68, then $0.75.
Long
by altFINS