BTC, ETH, XRP 🌤️ ADA: Ready for a Bullish Surge? 🚀🌟Sunny weather with a few scattered clouds lies ahead for the global crypto market🌤️, including Bitcoin, Ethereum, and Ripple in the next 24 hours, according to ATTMO. This means that a slightly bullish market with upside potential is likely. ☁️⚡️
The weather is however tropical – very bullish with some upside potential – for Cardano today. 🌴🚀
Over a one-week horizon, ATTMO expects cloudy weather with some sun for both major cryptocurrencies – Bitcoin, Ripple, and Binance Coin. This forecast can be translated into a slightly bearish market with downside risk. ☁️⛅️
Follow us for valuable insights and stay ahead of the market trends. 📈🌐
ADAUSDT
Cardano to register further gains following range breakout?The range formation for Cardano was finally broken on Wednesday, despite the weakness of Bitcoin.
The former bearish H4 OB at $0.375 was flipped to a bullish breaker. Moreover, the range breakout saw an FVG (white) develop at the $0.375 area as well, marking it as a good demand zone.
Yet, if Bitcoin was unable to climb toward and past $27.8k in the coming days, the bullish sentiment behind Cardano could begin to fade away.
Entry: $0.372 (retest of range highs)
Take-profit: $0.383 (small imbalance and short-term resistance)
Stop-loss: $0.368 (below FVG)
Cardano forecast: decline and growthA price decline for Cardano is expected, followed by growth. The potential entry point is indicated on the chart.
Please note that this is merely a model-based prediction and not financial advice. Market conditions can change rapidly, and actual outcomes may differ from the forecast. Always perform your own research before making any investment decisions.
ADAUSDT breaking the trendHello everyone. According to ADAUSDT, an interesting graph is obtained. The last idea for this coin was about the "head and shoulders" pattern. Now the coin has won back this idea and broke the trend short line, like many other coins. Locally, we have drawn the bottom and already with a new trend line we are pressing the level of 0.377. Therefore, the idea is to go long with a goal of 0.4152. Stop over the line at 0.37.
Cardano bulls likely to falter at $0.375 againPossible short-term range formation after a strong ADA move downward from $0.42 that began in late April.
Range extremes are at $0.373 and $0.348. The range highs coincide with a bearish OB as well.
A sweep of liquidity just above $0.375 was a possibility that bears must be careful of.
Entry: $0.369 (aggressive, more cautious traders can wait for rejection from $0.373)
Take-profit: $0.349 (just above range lows)
Stop-loss: $0.3777 (a wider stop-loss at $0.38 can also be considered)
R:R- 2.45
ADAUSDT , changing the channel and key zones to watch📈 updateHello guys, Everything is explained on the chart for you like always. In pervious analysis we said that the price has broken the descending channel although is still below the base band resistance and after that we usually expect the pullback as a retest to enter buy position at 0.34$, next point to buy will be after break the resistance base and at pullback to 0.42$. The targets will be 0.51 and 0.57$. And now price at our desire point to buy.
Good luck.
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Salam doostan aziz, hame chiz rooye chart moshakhas shode. dar tahlile ghabl goftim ke gheymat kanale nozooli khod ro shekaste ast agarche hanuz zire moghavemate base band hast va ma entezare pullback be line baraye kharid ro darim dar 0.34$ va noghte kharide baadi ham baad az shekaste base band va pullback be 0.42$ hast. ahdaf ham 0.51va 0.57$ hastand. va alan gheyat dar noghte morede nazar ma hast baraye kharid.
lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid.
moafagh bashid.
like va follow faramoosh nashe :)
🔥CARDANO (ADA): SHOW YOU THE BEST ENTRY POINT TO LONG🔥Hi, friends! Cardano falls to the $0.38-0.39 value area and the price still holds inside it. If the price fall below this value area and returns inside, it will be a strong bullish signal.
📊 TRADING PLAN FOR ADA:
🔥 liquidity collection below the $0.38-0.39 value area
🔥 false breakout
🔥 volume growth
🔥 bullish BTC is a must-have for altcoin's growth
✅ MY TARGETS FOR ADA:
1. $0.42 - the key level
2. $0.46 - the key level and local high
3. $0.5 - the trendline 4th point
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ADA (Cardano) lets take some profit on short for now.#ADA /USD TA Update:
CRYPTOCAP:ADA currently trading at $0.3594
According to Coinlion Trend Trader Indicator, we got en Exit Point Alert for ADA at $0.4 (04/21)
Coinlion Trend Trader Indicator entered short at 0.3864 the 4th of may.
Then takes 2 times Profit :
1) $0.365 (20% exit position)
2) $0.362 (10% exit position)
(6,5% Profit).
There is a strong resistance at the 200EMA. The same which has rejected ADA many times before
But we have broken the descending channel.
Now we have a support on the 200SMA at $0.352 and a liquidity zone support between $0.2986 and $0.30
Cardano can test again the channel which should be a support now aligned with the 200SMA and 50SMA around 0.357
+ we can see that ADA is oversold. The trend might change soon as whales are accumulating a lot ADA.
Lets see what happens and follow the indicator instead of our emotions.
What do you think ?
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- When to enter short or long
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ADAUSDT's situation+next targets and expected movements.🤑The ADAUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 weekly
- The Bottom of the Wedge area
- Falling Wedge Pattern
❗and the Upward signals of market momentum are:
- Divergence in MACD
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed.
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Have a nice day and Good luck.
CARDANO (ADA) SHORT | BEARISH BREAKDOWN Cardano cryptocurrency or ADA Coin had formed and broken down the Head and Shoulder Pattern on Daily TimeFrame.
The pattern is a bearish pattern and hence I believe price will drop.
Targets
1- 0.35
2- 0.30-0.31
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
Cardano [ADA] to see more losses below this April supportADA’s key April support zone of $0.3700 - $0.3760 (cyan) was flipped to resistance on 8 May.
So far, ADA has seen two price rejections at this level in the past two days.
A pullback retest at the same level and confirmed downtrend could offer shorting opportunity, targeting the key January/February resistance level at $0.3470.
At the time of publishing, the RSI faced rejection at the 50 mark, while OBV has declined since mid-April.
Entry: $0.3700
Target: $0.3470
Stop-Loss: $0.3811 (above the resistance zone)
RR: 2
Cardano ADA price has a ray of hope for continued growth The last time we came up with an idea for ADAUSDT was 5 months ago, and it's been working out great. The value of the Cardano token has doubled during this time.
The positive thing is that the ADA price has broken out of the falling trend channel.
However, there was one "But" during this time - buyers were unable to break through and gain a foothold above the powerful liquid level of $ 0.43
On yesterday's market decline, buyers of ADAUSD managed to keep the price in an uptrend, above the local purple trend line. That is, buyers don't want to give up easily, which is good and gives a ray of hope.
Given that, in the coming days, BTC sellers may try to drop the price below $ 26600-27000 to break the stops of long positions that are hiding there. The ADAUSDT price may also squeeze down, but it shouldn't be able to stay below $ 0.327-0.34. Fixing the price below this level could trigger an extension of the price drop to $ 0.27 and below.
A positive scenario is difficult in the current realities but possible.
It is necessary to break through to $ 0.55, then consolidate above $ 0.43, and only then will the path to $ 0.80 open up, and maybe even to the first "non-burning price" $ 1 (not million)))
_____________________
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ADAUSDT Daily Hi Guys, Hope you well,
As you can see, we are in a good uptrend channel. We can move up again from the bottom of the channel, but a good buying point in the lower support is a very good move for the purpose of the ceiling of the channel and also to collect liquidity.
SecondChanceCrypto
⏰09/May/23
⛔️(DYOR)
always do your research.
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