ADA Bullish ☀️ Ahead; BTC, ETH 🌧️Bearish clouds and rain 🌧️ linger over Bitcoin and Ether in the next 24 hours and over a one-week horizon, indicating a downside risk.
Smaller altcoins such as Cardano, Binance Coin, and Polkadot will, on the contrary, benefit from a bullish sun ☀️, signaling additional upside potential. 🚀
Follow us for more crypto weather reports!
ADAUSDT
Cardano reached yearly high at 0.46 levelHi everyone,
Cardano managed to break 0.42 resistance level and almost reached local high at 0.46 set in April 2023. At this point 0.46 level is the main obstacle for continuation of price rise.
In case if ADA will manage to break this level then road open to go above 0.5 rpice level but I think that Cardano won't manage to break this level unless Bitcoin goes above 50k.
Otherwise it's more likely to see some correction on Cardano.
Note that real altseason didn't started yet. Mostly we see that money goes to Bitcoin hence Bitcoin dominance is increasing.
It's important to follow Bitcoin price chart and Bitcoin dominance as well to understand when real altseason starts.
I think that 0.46 is the highest price for this year and that's ok. Real bull market starts next year and Cardano will definitely follow it.
Please, do not forget to boost this idea & share it with your friends; thanks.
ADA/USDT Looking BullishTRADE ALERT! Ada
Ticker: ada/USDT
Entry:0.51-0.53
Take Profit: 0.6180-0.6385
Stop Loss: 0.4739
Risk to reward: 1:2
Technical Thesis:
Price saw a correction upto 0.618 fib ratio
The area of 0.5 fib and 0.618 fib is where price is holding and is expected to bounce.
Keep an eye on 0.53$ to 0.51$ area for long position.
ADA/USDT Facing in the key level area. It required break!💎 ADA has indeed garnered significant attention in the market with its impeccable rounding bottom movement. Presently, ADA encounters a formidable supply area and encounters difficulty in breaking through. Observing the candlesticks for any bearish rejections, if ADA fails to breach the supply area in the near future, it could validate a rejection, signaling a potential downward movement toward the demand area at $0.312. This probability could initiate a robust new momentum, gearing up for another attempt to break the resilient supply zone.
💎 On the flip side, if ADA decisively breaks the supply area with a confirmed candle closure above, the path could be paved for ADA to sustain its upward trajectory, making it easier to attain our target supply area in the coming days.
💎 The unfavorable scenario unfolds if ADA, during the retesting phase at the $0.312 demand area, fails to maintain its position and breaches the demand zone. In such a scenario, ADA could revert to a bearish trajectory, potentially retracing to the robust support area.
ADAUSDT #2 ( Clear road map to 84% benefit ! ) Hello dear traders.
Good days .
ADAUSDT reach to daily Gann Square Fan trend line and need to get support from broken resistance of trend line and Gann square Arc resistance .
Buy zone area is price resistance which is broken and we expect to get support from it which consider as small correction around 0.291 $ .
Road map plotted with help of daily Gann square & Gann box .
Good luck & Safe trade .
Thanks for your support and comments.
ADA: Overbought at ResistanceTrade setup : Following a bullish breakout from Ascending Triangle pattern, price resumed its uptrend and broke above $0.46 resistance as well. However, price is now very overbought (RSI > 80!) just as it reached that $0.60 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $0.40 - $0.42 (previous resistance), then $0.30. The nearest Resistance Zone is $0.46, which it broke, then $0.60.
AdaUsdt last moveCardano's abilities need no explanation
This analysis determines the near and long term goals for you
But don't forget that there is room for growth up to $7 for Cardano, but these goals are currently available for you.
Good luck
EntryPoint:
0.5577
0.5440
0.4880
Supports:
0.4470
0.4093
0.3617
0.3083
0.2523
Resistance:
0.6376
Targets:
0.8200
0.9798
1.2313
MidTime:
1.5825
1.8935
2.3762
HODL:
3.0535
3.5680
4.5850
GL
you can zoom on chart can better see
Cardano - Bullrun incoming?🚀 With cryptocurrencies now in the spotlight, they've captured my attention as well. I've refreshed my chart; I hope you like the new look.
Now, back to Cardano. Cardano is showing weakness in Wave 3, and I believe we'll soon witness Wave 4 before proceeding with Wave 5. Wave A should now be forming at the 23.6% Fibonacci Retracement. Then comes Wave B—exact levels are still unclear. However, Wave C or Wave 4 should follow. Once I pinpoint the location of Wave B, I'll provide more details and send out a limit order for Wave C or Wave 4. Wave 4 is our entry zone. 📈💫
ADA LONG SIGNAL 45 MINgerade
Hello dear traders,
In the Cardano cryptocurrency on the 45-minute timeframe, we witnessed the breaking of a resistance level, marked by a black line, which indicates a bullish trend. We expect that with the ascending trend and the setup of a long position in this area, the price will continue to rise. I have provided you with the stop loss and take profit levels.
Thank you for your support.
MINSWAP - Gems Series - 10x to 30xGreetings,
Welcome back to Gems Series!
Due to recent moves in cryptosphere, we will to to publish multiple Gems every day.
First one for today is Minswap and it's token Min.
This coin bottomed a few weeks ago then broke out consolidated and broke out again today.
This project is built on Cardano blockchain and today's move was on the bake of Cardano's own move up. Currently Cardano has only reached about 19% of it's previous all time high and a lot of room to grow. Minswap is one of the best project currently productive on Cardano and a DEX no less therefore this is definitly a GEM!
Here is the report on the selection criteria.
1- Project Status = Active
2- Industry = DeFi (Decentralized Exchange)
3- Community Involvement = Healthy
4- Prominent Listings = None - On Minswap itself
5- MarketCap = $60M
6- Coin Supply = Cir: 1.02B, Tot: 5B
This a small cap and has a lot of room to grow. Based on the factors, this coin has a potential for 10x to 30x rally.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
Cardano's Explosive Potential: Targeting $1 and Beyond Cardano (ADA) is about to explode with potential, aiming for a target of $1 and beyond!
Cardano, the blockchain platform that has been captivating the crypto community, is making significant strides towards becoming a force to be reckoned with. With its unique approach to scalability, sustainability, and security, Cardano has been gaining momentum, and the time to act is now.
Why should you be excited? Here's why:
1. Unleashing the Power of Proof-of-Stake: Cardano's innovative proof-of-stake (PoS) consensus mechanism sets it apart from other cryptocurrencies. PoS offers scalability, energy efficiency, and reduced environmental impact, making it an attractive alternative to the energy-intensive proof-of-work systems.
2. Smart Contracts on the Horizon: Cardano is on the verge of releasing its much-anticipated smart contract functionality through the Alonzo upgrade. This development will enable developers to create decentralized applications (dApps) on the Cardano blockchain, opening up a world of possibilities for innovation and growth.
3. Embracing Sustainability and Regulatory Compliance: Cardano takes a responsible approach by prioritizing sustainability and regulatory compliance. Cardano aims to foster trust and attract institutional investors by ensuring compliance with global regulations, further driving its growth potential.
Now, let's get down to business. It's time to take action and seize this incredible opportunity. Here's your call-to-action:
Long ADA now and position yourself for the Cardano revolution! With all the exciting developments in the pipeline, Cardano is set to soar to new heights. By taking a long position on ADA, you can potentially ride the wave of success and reap the rewards.
Remember, timing is crucial in the world of trading. As Cardano continues to gain traction and its value surges, you don't want to be left behind. Act now and join the ranks of forward-thinking traders who recognize Cardano's potential.
So, what are you waiting for? Open your trading platform, place your long position on ADA, and get ready to witness the explosive growth of Cardano firsthand.
Get ready to embark on an exhilarating trading adventure with Cardano!
ADAUSDTADAUSDT
We suggest considering the option with growth. If ADA manages to break through the green resistance line and consolidate higher, then the growth option will become a higher priority.
When breaking through the resistance line, you should pay attention to the following targets: 0.3749 – 0.4479 – 0.4978 – 0.5601.
The growth scenario will not be relevant if the price can break through the red support and consolidate below the level of 0.243
In case of growth, do not forget that the higher the goal, the more dangerous it is. Don’t be greedy and fix part of the profit in time so that a sharp drop does not eat up all the profit.
The idea is medium term.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
ADAUSDT → Cup with Handle before distribution BINANCE:ADAUSDT is forming a breakout of the key pattern resistance, but we have not seen a corresponding reaction yet. The price is updating the 6-month high, but we did not wait for the distribution. Hopes are fueled by the formation of the "Cup with handle" pattern and the Golden Cross of MA200 & MA50
A reversal pattern "Cup with handle" is forming in relation to the limit resistance area at 0.3807. A false break of resistance forms a correction and consolidation near the key area, which peculiarly reminds us of the key pattern
Fundamentally, the cryptocurrency market is mainly waiting for results regarding ETF applications that the SEC is reluctant to review. Approval of applications for spot ETFs will greatly increase the inflow of funds and market capitalization
On the chart, the support at 0.3529 - 0.3500 is important for us. Within the framework of the forming pattern and correction, the price may test this area with a false breakout, which will begin to form a bullish potential, because according to statistics, the strongest movements occur after a false breakout.
Resistance levels: 0.3807, 0.3850
Support levels: 0.3529, 0.3490
I expect a support retest before distribution. A strong impulse can start after the breakout of the locational downside resistance of the pattern "Cup with handle"
CRYPTOCAP:TOTAL COINBASE:BTCUSD
Regards R. Linda!
ADAUSDT - WHALES Prefer a Lower Entry🐳Hi Traders, Investors and Speculators of the Charts 📈📉
A quick look at the Fractal that played out on Cardano during Jan - Feb 2021.
A Big demand zone lies a little lower towards the support, and if we take a quick look at Phoenix Ascending (EMA, RSI, LSMA and Momentum) more downward price action seems the most likely for the near future. However, trying to catch the exact bottom is a dangerous game, and I am happy with this entry and perhaps a little lower towards the lower support zone as pointed out on the chart.
If you like Fractals; you'll probably love this idea on BTC:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Cardano Enters Buy with Strong Upward Channel - Time to Long ADAToday, I am thrilled to bring your attention to Cardano (ADA), as it enters a compelling buy phase with a strong upward channel. This is an exciting moment to seize, and I strongly encourage you to consider going long on Cardano. Let's dive into the details!
Cardano, the third-largest cryptocurrency by market capitalization, has been displaying impressive bullish momentum recently. Its price has been steadily climbing within a well-defined upward channel, indicating a positive trend that traders like us simply cannot afford to miss. The consistently higher highs and higher lows demonstrate the market's confidence in Cardano's potential for further growth.
The technical indicators for Cardano are also painting a promising picture. The Relative Strength Index (RSI) is comfortably positioned within the bullish zone, suggesting that there is still room for ADA to rally. Additionally, the Moving Average Convergence Divergence (MACD) indicator is showing a bullish crossover, further supporting the notion of an upward movement in the near future.
Considering these factors, it is evident that Cardano has tremendous potential for significant gains. As traders, we must identify and capitalize on such opportunities, and Cardano's current market conditions provide an ideal chance to do so.
Now, it's time for the call-to-action! I encourage you to take advantage of this bullish momentum and consider going long on Cardano. By opening a long position on ADA, you position yourself to benefit from the anticipated upward movement in its price. This could potentially yield substantial profits, allowing you to further solidify your trading success.
Remember, successful trading requires seizing opportunities when they present themselves. Cardano's upward channel and positive technical indicators indicate a highly favorable environment for long positions. Don't let this opportunity slip away!
As always, it is essential to conduct your own analysis and risk management before making any trading decisions. Keep a close eye on the market, set appropriate stop-loss orders, and continuously reassess your positions based on market developments.
So, are you ready to embark on this Cardano trading journey with me? Let's make the most of this bullish trend and aim for remarkable profits!
Wishing you a successful and prosperous trading experience!
🚧Cardano is Bullish now🚧 & many Traders don't see it 👀!!!ADAUSDT 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.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️