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ADAUSDT

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
ADA Cardano Price TargetIf you haven`t bought ADA at the beginning of the altcoin season: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm. This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days. My Price Target for ADA Cardano is the next resistance, $0.62.
Long
by TopgOptions
There are fantastic possibilities on the ADA chartI will share a few charts with you today. Since hitting the 0.68 resistance point on the ADA chart, we haven't been able to see a positive turn yet. Nevertheless, a formation has emerged on the ADA chart. This formation is called a 'falling wedge,' which generally indicates a potential upward movement. The target for this formation seems to be in the range of 0.63 to 0.65. However, there is still uncertainty about the upward movement for now; indicators are indecisive, and there are only possibilities. These possibilities include our first path (Green arrow), which involves rising from here and breaking the formation resistance. The second path (Red arrow) is gathering strength in the range of 0.44 to 0.45 and then moving upward again. Regardless of the chosen path, it is advisable not to make any purchases until the formation is completed, meaning our resistance point is broken. Otherwise, in the event of a general market downturn, the formation we outlined for ADA will be disrupted, and we will need to chart a new course together. So, no rush. Good day and abundant profits, my friends.
Long
by TonyStellar
8
Cardano (ADAUSD): Fasten your seatbelts! 🚀📈Cardano emerges with a distinctive journey. Having sculpted Waves 1 and 2 within a Flat structure, the focus now shifts to the probable completion of Wave 3, reaching a potential range between 227% and 261%. Anticipating the onset of Wave 4, we pinpoint a pivotal zone between 50% and 61.8%. A breach beneath this range would jeopardize the entire scenario, potentially falling into the territory of Wave 1. The support offered by Wave B within the Flat structure stands as a crucial level, poised to become a notable buy zone. With these dynamics in play, we anticipate a surge to at least 90 cents!
CRYPTO:ADAUSDLong
by freeguy_by_wmc
11
ADA/USDT Primed for an Upward Trajectory from Demand Zone? 👀💎 Paradisers, get ready as #ADAUSDT showcases a promising pattern, operating within a demand zone and preparing for a bullish ascent. 💎 #Cardano has been showing respect for the support level at $0.4671, with the price currently gaining momentum in the demand zone, indicating a high likelihood of an advance towards overcoming the formidable resistance at $0.7337. 💎 However, as strategic traders, it's crucial to consider all outcomes. Should our initial expectations not materialize, a bullish push from the support at $0.4671 remains on the table, with a fall below this point potentially leading to a notable decline
Long
by MyCryptoParadise
3
ADA: Channel Down BreakoutTrade setup : Bullish breakout from a Channel Down pattern could be followed by an upswing in price with +20% upside potential to $0.60. The breakout was successfully retested. Stop Loss at $0.44, just below the prior swing low. Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. 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, then $0.75.
Long
by altFINS
Cardano Time? 📊🚀 Cardano's Critical Threshold: Will ADA Soar to New Levels? 🌟💹 Cardano holders, brace for impact! Our analytical journey has led us to a pivotal moment for ADA. Remember when the market was engulfed in fear and we warned of the 'zombie' at $0.25? Now, we're witnessing a remarkable turnaround. The all-time trendline painted in blue never got tested—instead, ADA rebounded with vigor on January 24th, bypassing the critical $0.4962 resistance level. Currently, ADA finds itself with psychological support at the 50-cent mark and strong technical support at $0.495, gearing up for a third and typically decisive test of the $0.679 resistance. What's beyond that? A breakout could send ADA on a parabolic run to $1.19, then $1.47, and even further to a formidable target between $2.7 and $2.9. The odds? A 64% chance of breaking above $0.68 and climbing higher. Yet, we still need to conquer this crucial level. This isn't merely a technical analysis; it's a narrative of Cardano's resilience and potential. As for my position, it remains firmly open. I'm not swayed by quick gains or pressure to close—this trade is a marathon, not a sprint. For those aligned with this analysis, consider this a prime re-entry point into ADA. As always, conduct your due diligence and trade in harmony with your strategy. One Love, The FXPROFESSOR 💙
Long
by FX_Professor
4
ADA Bearish ☁️ - Downside Trend On the 3-Day & 1-Week HorizonsThe prices of cryptocurrencies were little changed over the past 24 hours as investors digested the past days’ signals that the expected US rate cuts will be delayed until May or later. Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Litecoin, Cardano and Polkadot facing bearish clouds, according to ATTMO. As for Ether, Binance Coin and Ripple’s XRP, they should all profit from a bullish sun. Over a one-week horizon, this bullish sun will shine over Bitcoin, Polygon and Chainlink, while the other altcoins covered by ATTMO are set to face clouds and downside risks. Follow us for more crypto weather reports!
Short
by ATTMO