ADAUSDT
ADA: Pullback in UptrendCardano (ADA) technical analysis:
Trade setup : Following a bullish breakout from Ascending Triangle pattern, price resumed its uptrend and broke above $0.46 key level as well. However, price is got 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. If it pulls back near $0.46 support, that could be an attractive swing trade entry area.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 – $0.42. The nearest Resistance Zone is $0.65.
ADA/USDT upward moment preparing for potential shift? 👀 🚀 ADA 💎 Paradisers, observe closely as ADAUSDT is showing promising signs. It's currently on the verge of breaking a key supply level, suggesting a high likelihood of an upward movement following a successful breakout.
💎 In the past, Cardano has demonstrated a pattern of adhering to a descending trendline, breaking above it to initiate an upward trajectory. Presently, it's making strides to break through a supply level. Once this level is surpassed, there's a considerable chance for a bullish movement. With sustained upward momentum, ADA is aiming to target supply levels at $.4499, and may even ascend to challenge higher supply levels at $.5187, eventually aiming to reach the $.6009 supply level.
💎 For the shrewd Paradisers, timing is of the essence in seizing this opportunity. It's vital to identify the most advantageous entry points during this anticipated rise, and to be cautious of entering at peak prices. Additionally, be prepared for the eventuality of a bullish resurgence from the demand level of $.3342. Nonetheless, a decline below this demand level could indicate potential challenges to the continuation of the bullish trend.
💎 In such a dynamic and evolving market environment, strategic planning and astute decision-making are crucial. Developing a well-rounded trading strategy, which includes prudent money management and a thorough understanding of support and resistance levels, is key to achieving successful trading results. 🌴💰
ADA going Sideway, ElliottwaeIf 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
Took the path up into sideways land. 🧵
As we have seen in other alts, sideways can be tricky.
It could be ZZ done correction over but,
here a some sideways variants on watch for me atm.
Cheers!
ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis:- ADA bulls woke up this week with an impressive 28% price increase. This spectacular performance obliterated the resistance at 46 cents, and now buyers are looking at much higher levels.
The most important resistance on the chart right now is found at 60 cents. Sellers may attempt to stop this rally around 50 cents, but that is unlikely to last, considering market sentiment.
ADA manages to maintain this momentum, and then going to 60 cents becomes likely.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
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!
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.