ADAUSDT
I Cannot Short This !!! situation+next targets.ADA has formed double Bottom and the price can grow well from here.
⭐ and the bullish signals of market momentum are:
- divergence in MACD
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
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🐳Cardano will Go Up Again🐳As you can see, the price is in a Falling wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
❗Weekly Analysis.
⏮️previous Analysis
🤑Stay awesome my friend.
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⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️
🚀👀 ADA READY to Move ! we are waiting to BTC :) ADA currently in a triangle whose exit will show the further direction. The traffic volume is approximately 15%.
The CHOP Index on a one-day interval is very highly charged.
RSI also ready to move. We are waiting to see what the BTC king will show.
Good Luck !
ADA perspective for short - med termThis is not a signal to buy/sell. NFA
We see the price nowdays are way harder than usual to analyze, "big boys" wont be easy because of sentiment #etf and #halving2024. They'll and still manipulating the price because they wanna control it.
Dont be fanatic or being bullboy, this price has been abnormal hiking without any healthy correction. Better to stay away and dont be FOMO! Or those "big boys" just laughing and enjoying your money.
Good luck, Smart Trader!
ADA Might Break Through The Current Resistance ZoneCardano (ADA)
Cardano is currently trading between a support level of $0.354 and a resistance zone of $0.38-$0.41. This price range has been tested three times over the past two weeks.
If Bitcoin continues its upward trend, the next goal for Cardano would be to reach new highs. In this scenario, ADA could break through the current resistance zone and test the $0.43 level. A subsequent stabilization of its price within the $0.41-$0.43 range is a likely outcome.
On the other hand, should Bitcoin undergo a correction, Cardano might drop to support zones around $0.330-$0.342, $0.325, and $0.305-$0.315. Further declines in ADA's value would largely depend on the trajectory of Bitcoin's price movement.
Cardano is failing at 0.4. I'm looking to sellIn my previous analysis of ADA/USDT, I highlighted that as long as Cardano maintains support above the 0.24 zone, there's a strong likelihood of a reversal towards the range's resistance at the 0.4 zone. Recent optimism in the crypto market has indeed facilitated this movement, with the coin witnessing an approximate 60% surge over the past month.
However, the overall structure for ADA remains range-bound and not decisively bullish. Therefore, a potential retracement could be on the horizon. My strategy is looking for opportunities to sell on any spikes above 0.4, targeting a drop back to the 0.3 level, with a rise above 0.42 negating this outlook.
ALT Season Is Starting - Total Market Cap 2MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This video and chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
CryptoCheck Team
Cardano (ADA) Rallies 10% Over the past week, both altcoins and Bitcoin underwent a widespread correction, prompting tokens like Cardano, Ethereum, and Solana to look for stable ground. Despite this setback, the prevailing optimism has reignited enthusiasm in the market, hinting at an imminent bullish comeback.
Cardano (ADA) Moves With Confidence
Cardano has showcased remarkable resilience, staging an impressive recovery after weathering two underwhelming quarters. In its recent ascent, ADA briefly breached the $0.4 price level for the first time since April. However, the excitement was short-lived, as ADA quickly turned its hull towards the bottom, sinking to the liquidity zone at $0.348 over the past week.
Despite this temporary setback, ADA is once again moving with confidence, orchestrating an impressive 10% rally over the weekend to reach $0.385. The surge coincides with Bitcoin gearing up for a potential retest of its yearly high at $38,000. In the upcoming week, Cardano, fueled by its newfound vigor, could retest $0.4, potentially flipping it into support – hinging on Bitcoin’s success.
Should it succeed, Cardano’s trajectory could extend to $0.5, setting a new yearly high. At the time of writing, investor sentiment exhibited a subtle bearish tint, particularly on-chain, as some users opted to cash out profits amid ADA’s recent performance.
Bulls at the Helm: ADA (Cardano) Defense of Key Demand Zone⚪ Cardano (ADA) has exhibited the resilience of bulls defending the critical $0.23 demand zone, which notably acted as a safety net on multiple occasions, particularly in August and October.
⚪ The recent surge in ADA's price levels, culminating in a new higher high, serves as a promising indicator of a potential bullish trajectory. While the increase might not be as hight as other altcoins, we anticipate a 50% surge in the weeks to come, albeit preceded by a minor correction.
⚪ The expected pullback should find support near the widely recognized 61.8% Fibonacci retracement level, providing an enticing risk-reward entry point. Our detailed trade setup will be shared in our channel shortly. Keep a close watch for updates.
ADA ANALYSIS🔮 #ADA Analysis 🚀🚀
💲💲 There is a breakout of falling wedge patten and trying to retest the levels. It's a weekly breakout and we can see $0.5000 level in long-term. 📉📉
💸Current Price -- $0.3604
📈Target Price -- $0.4500
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ADA #Cryptocurrency #Breakdown #DYOR
🚧ADAUUSDT is bullish now🚧 & many Traders don't see it(WA)👀!!!As you can see, the price is in a Falling wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
❗Weekly Analysis.
⏮️previous Analysis
🍻Hard for everyone but easy for me. thanks God...
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Above 0.3808, full-fledged upward trend beginsHello traders!
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(ADAUSDT chart)
The chart showing the same movement as the current ADA is ambiguous.
The reason is that if you look at the 1D chart or 1W chart, they are showing an upward trend no matter what anyone says.
So, you would expect it to be on the rise, but looking at the 1M chart you can see that's not the case.
(1W chart)
If you look closely at the chart, you can see that it is not in an upward trend, but is just trying to break out of the bottom.
Therefore, it can be said that the upward trend is likely to begin only when the price rises above 0.3808 and is maintained.
(1D chart)
Looking at the 1D chart in a narrow range, it seems that it is showing a tremendous upward trend.
Therefore, looking at the current movement, it may seem that the price is about to turn to the downside.
Therefore, even if it rises above 0.3824 and shows support, you are too scared to buy it and just look at it.
As you can see from the 1M chart and 1W chart, these charts are just showing signs of breaking out of the bottom section.
Therefore, it is time to buy when it rises above 0.3808 and shows support.
If you wait for fear that the price will fall further when it is at the bottom, and wait for the price to start falling when it rises to a critical point, you will inevitably end up buying at a bad purchase price.
Therefore, you need to make aggressive purchases with an investment proportion that does not cause psychological damage, watch and respond.
In a rising market, you should look for an opportunity to buy when the 1D chart is a falling candle, and in a falling market, you should look for an opportunity to sell when the 1D chart is a rising candle.
Therefore, in a rising market, you should buy when there is a pull back pattern, and in a falling market, you should buy through a breakout trade.
Based on these basic trading strategies, you must create a trading strategy that suits you and start trading.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Crypto Forecast: ADA ☀️ 24 Hours; Correction in 1 WeekClouds lie ahead for the global crypto market, including Bitcoin and Ether in the next 24 hours, translating to a slightly bearish trend. ☁️ Altcoins Cardano, Dogecoin, Polygon, and Chainlink, however, enjoy bullish sunshine.
Over a one-week horizon, the ☀️ bullish sun will return for both Bitcoin and Ether. Yet, cloudier bearish trading conditions will prevail over Ripple’s XRP, Cardano, Binance Coin, and Polkadot. ☁️
Follow us for more crypto weather reports!
ADAUSDTIs ADAUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.3100
What you guys think of it?