#ADAIn the previous post, after reaching the first target and not being able to break the resistance, it is being corrected. As you can see in the chart, it entered a downward trend by making lower ceilings and floors, which can continue until the origin of its movement. . Therefore, if you return to the specified area, you can enter a sell position.
ADAUSDT
Sell on resistance (ADA)📊Analysis by AhmadArz:
🔍Entry: 0.522
🛑Stop Loss: 0.532
🎯Take Profit: 0.512
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ADAUSDT.1DBased on the provided market data, the ADA currency is currently trading at a price of 0.57 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 39.21, 48.40, and 76.0 respectively. The RSI values suggest that ADA is currently neither overbought nor oversold in the 4-hour and 1-day time frames, but it is in the overbought territory in the 7-day time frame, which might indicate a potential price correction.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are -0.012, 0.019, and 0.071 respectively. The negative MACD in the 4-hour time frame suggests a bearish sentiment, while the positive MACD in 1-day and 7-day time frames indicate bullish sentiment.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.64, 0.68, and 69.0 respectively. The price is currently below the middle band in all time frames, indicating that ADA is trading in a lower range of its price.
The support levels for 4 hours, 1 day, and 7 days are 0.51, 0.54, and 0.50 respectively, while the resistance levels are 0.69, 0.71, and 0.69 respectively. The price is currently trading in between the support and resistance levels.
In conclusion, the ADA market is showing mixed signals. The RSI indicates overbought condition in the 7-day time frame which might lead to a price correction, while the MACD suggests a bullish sentiment in the 1-day and 7-day time frames. The BB also indicates that ADA is trading in a lower range of its price. Therefore, it might be a good idea to monitor the market closely for any potential price movement. As always, it's recommended to combine these technical indicators with fundamental analysis and your own research before making any investment decision.
ADA home on the range?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRYPTOCAP:ADA update.
Didn't have enough gas to give it.
So, now watching this channel and same levels.
I still think it could be ranging.
But, which way are the swift and corrective moves facing? 🤔#Elliottwave
Until that changes down is probable.
ADA: Ascending Triangle BreakoutTrade setup : Price remains in an uptrend; however, following a bearish breakout from an Ascending Triangle pattern, price could pull back near $0.46 support, which could be an attractive swing entry in Uptrend with upside potential back to $0.65.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, then $0.75.
ADAUSDT #003 ( Ready for Crazy Bullish Rally ) Hello dear traders .
Good days .
On long term Monthly Gann square exactly after passing Reversal time zone ADA price rise about 60% .
ADAUSDT is on side way and collecting spring for minor and next major Bullish rally .
Road map is plotted with help of Gann Square and Gann Box .
Good luck and safe trades .
Thanls for your support and comments .
ADA LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ADA goes up! don't miss it ...In my opinion, Cardano is in an uptrend and it is acting like my chart on the weekly time frame.
Stop loss and target point and entry point are based on your short-term plan and risk tolerance, and I just told my long-term plan view and I think my chart is very clear.
Good luck, dear traders.
Mohammad Goodarzi
Wednesday
3 Jan 2024
🚧ADAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!ADSUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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Cardano ADA where we potentially standPlease note that what happened in the past may not necessarily resemble the future. I have however seen some notable similarities from the previous bull run to where we are today.
Slight differences are there, but nevertheless more similar than not, as we stand.
I’m not a professional analyst and this is a simple amateur take.
ADA: Ascending TriangleTrade setup : Trading in an Ascending Triangle pattern, with $0.65 acting as triangle resistance trendline. Now we wait for price to break above $0.65 to signal continuation of Uptrend with upside potential to $0.75 next.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, then $0.75.
⚡️ADAUSDT CMC TRADING ⚡️ ASCENDING TRIANGLEADAUSDT has formed an ascending triangle pattern, indicating a higher probability of a bullish breakout. It is advisable to patiently monitor the price and its reaction within the identified setup. Notably, there is a robust supply zone identified within the hourly timeframe. A break above this level would invalidate the supply zone, potentially transforming it into a demand zone capable of propelling prices higher.
Is today the day for ADA?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#ADA update 🧵
Is today the day? If so, daily close?
We got the ideal move, down to box provided and bounce out.
2 .618 hits, falling vol, converging TLs...
Volume up here would be great!
PTT is labeled if it starts moving.
🤞 BINANCE:ADAUSDT
buy on best candle (ADA)❤️❤️Thanks for boosting 🚀 and supporting us!
📈we are a good candle for buy if not break zone of 0.59$ .
📊 (Entry) : 0.5945
🔴 Stop Loss : 0.5820
🎯 Take Profit : 0.6072-0.618-0.6345
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
ADA: Ascending TriangleTrade setup : Trading in an Ascending Triangle pattern, with $0.65 acting as triangle resistance trendline. Now we wait for price to break above $0.65 to signal continuation of Uptrend with upside potential to $0.75 next.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, then $0.75.