ADAUSDT
cardanohey everyone,
ada is picking up good volume and recently break out of the falling wedge, price may or may not retrace to 0.30 but that is the main support as of now...
price can only fall below 0.24 if overall crypto crashes... previous resistance was 0.40 so most likely it'll break this time if price is bullish and the next estimated
target is 0.50 to 0.60
good luck
ADAUSDT |Wave Projection|Ending Diagonal Downtrend Target -30%+Price action and chart pattern trading medium term setup
> A possible sideway downtrend ending diagonal pattern with a falling flag channel 5 wave
> Now, the price reached the T1 target at 1.618 fibo extension of 1-wave downtrend
> The candlestick pattern is consolidating at the lower support level could be 3-wave and getting ready for 4-wave uptrend rebound
> Indicator: RSI already oversold and breakout MA line, expecting an upcoming BULLISH DIVERGENCE for 5-wave downtrend.
> The next target downtrend is at 2.272-2.618 fibo extension zone - a 30%+ further downside
> Recommendation: Close short position once RSI and MACD showing bullish divergence signal.
Always trade with affordable risk and respect your stoploss, nothing is 100%.
✴️ Cardano's Full Potential Revealed (240% to 345%)We always have so much data to look at that it is easy to predict where the market is going.
It is easy to find the end of a correction and also the start of the next wave.
It is not easy to predict exact timing or targets but the direction should be enough if you are here to trade.
Last week we closed with a hammer, this is repeated across the entire market, many are moving ahead.
We see this week green for Cardano, volume going higher.
Green volume moves up, red volume tends to be low.
We've been looking at it up close and thus the potential small.
We are active with 10x although we do not recommend leveraged trades, only experts should do it. Beginners should trade spot and once successful can decide to upgrade.
If you look at FETUSDT, it already hit its January 2022 price and is consolidating for more.
What one does, the rest follows... So, if we match ADAUSDT January 2022 price that would be around $1.33.
We like to be conservative, just not to get greedy and thus let's say that the next target is $1.17.
Sell portions at each target, always leave something behind in case it goes higher... If you are playing the game, you know what I mean.
Buy and hold long-term, yes, I know you are also around...
I just decided that I will hold through the next bear market, in fact, I will buy to support the market. That's in late 2025 and 2026. I will buy everything you guys sell and hold for years until the next wave... Somebody has to do it.
Namaste.
ADA/USDT 4HInterval Resistance and SupportI invite you to review the chart of ADA in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the downtrend channel from which the price has gone up.
Moving on, we can move on to highlighting the support spots, we currently see a price correction where the ADA is based on the first support at $0.32, the second support at $0.30, the third support at $0.29, and the fourth support at $0.27.
Looking the other way, we see first resistance at $0.33, then we can mark a strong resistance zone from $3.34 to $0.36, and then resistance at $0.37.
Please look at the CHOP index, which indicates that the collected energy is used for correction, but we still have a continuation of the move, MACD indicates a return to the downtrend, while the RSI has a strong rebound, which creates room for new increases.
Cardano (ADA) formed bullish Butterfly for upto 13.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Cardano (ADA) coin.
On a 4-hr time frame, ADA has formed a bullish Butterfly move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ADA bounced away!If you find this info 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!
Well it got the bounce but not all is gravy, want to see this level break and continuation.
Falling back below .32 is going to be suspicious, but a nice corrective retrace to that level would be of interest.
Cheers!
ADA going to decay?If you find this info 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!
PA moved past the ideal area, It's hard to find TTT bounces, TBF.
Took an entry, shall see what the world has in store on ES/SPX open.
Still short in prof from .40s and hold this short.
IF there is at least a bounce .3487 is the level I'm watching.
Cheers.
✴️ Cardano Next Target Mapped Series ($0.59 Next)The introduction has been given in the Solana trade idea.
This is a new series called "Next Target Mapped" where I will share the potential target for this new up-leg that is developing now.
We called the bullish breakout. ✔️
We called the end of the correction. ✔️
We are now calling the next target. ✔️
Please make sure to read all the trade ideas I published and this way you can get the whole/bigger picture.
Cardano broke the local downtrend and is now aiming at $0.5900.
Can be a bit lower or much higher... That's the next target based on one the systems I use which is not described here.
This analysis remains valid as long as Cardano (ADAUSDT) trades above its late December 2022 low.
Namaste.
The hilarious tale of CardanoKnock, knock!
Who's there?
Cardano.
Cardano who?
Cardano, the financial asset that's creating an inverted head and shoulders pattern. It's currently struggling to break 42 cents, but if it does, it could quickly approach 60 cents!
Wow, that's impressive. But why is it called Cardano?
Well, apparently the creator of the cryptocurrency was a big fan of the Italian mathematician Gerolamo Cardano. And just like Cardano's mathematical formulas, this asset's price movements are pretty complex too!
Haha, sounds like a real brain-teaser.
You got that right. But here's the thing - if Cardano can break 42 cents, it'll be smooth sailing all the way to 60 cents. And that just happens to be where a previous area of resistance was back in August of 2022.
So, Cardano is not just a financial asset, it's also a history buff?
You could say that. But hey, who cares about the past when you've got such a bright future ahead? Once Cardano hits 60 cents, it'll be party time for everyone who invested in it.
Well, count me in! I'm ready to ride this Cardano train all the way to the bank.
Just don't forget to sell when it's time to cash out. Otherwise, you might end up with a bunch of worthless digital coins and a broken heart.
Note: It's best to wait for the 42 cent area to break before getting heavily involved. A nice bounce here, but we're not out of the woods yet.
ADA USDT 4H CHARTADA USDT 4H CHART
2 different scenarios shown by green and red arrow...first rejection from descending trendline formed by doji candle and its sign of weakness for buyers but for short scenario i personally wait for 2and rejection from top...something like micro double top for this situation...for long idea the break of trendline is not enough and break the last swing high is necessary for going long
AGIX Bullish/bearish possible outcome!Hello everyone!
AI is speculated to be the narrative for this upcoming alt season and so far AGIX has been leading the AI market by a whooping 1890.55% since July. That's life changing money in less than 1 year. We touched the previous ATH in 2021 and bounced down confirming cup. For a cup and handle to occur the price has to bounce of the resistance from the previous all time high(cup formation) and correct a 50% (handle). As of now we have perfectly corrected 50% so AGIX could still go either way hence the reason this is not a long nor a short analysis. Fundamentally AGIX is a very strong coin and it could still be early for it so I would'nt be surprised if it ever reaches the upper target.
Bearish scenario: We can go as low as the golden pocket area below (yellow box) at 0.20-0.23
Bullish scenario: Would take place if price hold above 0.34
The bullish scenario is bound to happen.
ADAUSDT Daily: 04/03/2023: Bear or what?
Well, the price had a bullish reaction after collecting liquidity below 0.3555.
Now we expect the price to retest the supply zone again and then fall, or by considering a lower time frame, the price may fall from here.
💥Important note: If the price can break 0.3769, this TA would be invalid.💥
Cardano ADA Price targets if SEC will ban Crypto StakingCoinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for Cardano ADA are:
ADA/USDT short
Entry Range: $0.35 - 0.38
Take Profit 1: $0.32
Take Profit 2: $0.28
Take Profit 3: $0.24
Stop Loss: $0.42