ADAUSDT
✴️ Cardano Gamble... Correction Or New Leg UP?I've been calling for the end of the current correction on multiple charts, SHIBUSDT, BNBUSDT, XRPUSDT, BTCUSD...
This is not a guess... If you read the articles, they will be shared in the 'Related Ideas' below, you can notice that all the levels have been mapped.
The support levels for invalidation and the resistance levels for bullish confirmation.
I also mention "early signals"... You decide!
Cardano (ADAUSDT) hasn't shown reversal signals as we just saw with XRPUSDT and SHIBUSDT but we know the market moves together, we know everything is connected.
For example, all the Cryptocurrencies grew from January to February.
And all the Cryptocurrencies dropped from February to March, the majority because while the big ones dropped some of the smaller ones played catch up.
Cardano is bouncing now before hitting the 0.618 Fib. retracement level. This can mean that there is still more correction left or that this pair is strong enough that it doesn't need to go lower.
Regardless if it happens now or then, we are bullish short, mid and long-term.
Patience is key I continue to repeat.
Patience is all I say.
For those wise enough to buy and hold...
The market has presents and huge rewards, in the coming days.
We were already rewarded bigly for trusting in the last two months.
We will be rewarded again because Cryptocurrency is set to grow.
Namaste.
ADAUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 0.44 - 0.51 - 0.59
after first target reached move ur stop to breakeven
Stop: ~0.25 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3.5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
it's time to falling for ADAUSDT(SCALP)before buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
*************************************************
if you want to enter in this position:
Enter Price: 0.341705
Target1: 0.340271
Target2: 0.339303
Target3(Final Target): 0.338515
Stoploss: 0.343204
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
don't forget do comment and like my idea
doing and living in the best quality
thanks of all of you dear's ;)
ADAUSDT Daily: 18/02/2023: Bull or Bear?!
Let's take a look at ADA.
As you can see, the price touched an important supply zone and had a bearish reaction, so our first scenario is bearish, and the price will fall from here.
Below monthly resistance I am bearish. It's possible that the price breaks the supply zone to collect the liquidity above an equal high and then fall.
If the price can break the monthly resistance and stay above that, we can follow the second scenario.
💡Wait for the update!
🗓️18/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
ADAUSDT - What is up with Mr Hopkins Child?ADAUSDT
Things are looking good here.
Just launched the stablecoin Djed... the hype is still not over. The first week of February is a very exciting week with lots of legislative meetings in the US.
On the other hand, The price action of ADA is forming an inverted head and shoulder or possibly an ADAM and EVE pattern. But, with BTC looking to correct on Daily, I am leaning toward an inverted H&S pattern.
Based on my bias I am placing two trades (A small short and a big long). My trades are shown in the chart.
Let us see what happens. good luck to all of us choosing these trades.
#Not_A_Financial_Advice
ADA LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Cardano ADA. No desire to buy, but there is a chance for growthFor more than a year, the ADAUSDT price has been falling, without any hints of a possible rebound.
The ADA price fell to the liquidity zone, below which buyers did not allow to adjust during the rapid growth in 2020-2021.
In general, we believe that 2023 will be the starting point in changing the trend to grow. We described it in more detail here:
So, we can assume that the Cardano token price may grow at least a little in its value.
The first resistance from above and the first target for growth is $0.40-0.42
The second target for growth is around $0.80 . It can be reached by the end of spring 2023.
But of course, there is always someone who can put a fly in the ointment and spoil the whole "pleasure"
If the sellers manage to fix the ADAUSD price below $0.23 , then few people will be able to prevent the price of ADA from falling by half again, to the region of $0.12
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Analyzing ADA: Oversold with Potential for a ReboundHello everyone, let's take a closer look at ADA, one of the popular cryptocurrencies out there! We have some exciting technical indicators to discuss, so let's dive right in.
First off, ADA's current price is 0.3544, and we're examining it in a 4-hour timeframe. The Relative Strength Index (RSI) for ADA is 36, which means that it's getting close to being oversold. This might suggest that ADA is currently undervalued and that there could be a buying opportunity on the horizon.
Now, let's talk about Fibonacci retracement levels. These levels are great for identifying potential areas of support and resistance. The 0 Fibonacci level for ADA is 0.3512, while the 1 Fibonacci level is at 0.4184. This means that if ADA continues to trend downwards, it might find support at the 0 Fibonacci level, while if it moves upwards, it might encounter resistance at the 1 Fibonacci level.
The next technical indicator we have to discuss is Bollinger Bands. These are excellent ways to determine potential areas of support and resistance. On the 4-hour timeframe, the upper Bollinger band for ADA is 0.3703, while the lower Bollinger band is 0.3626. Currently, ADA is trading close to its lower Bollinger band, which might suggest that the asset is oversold. This could indicate a potential buying opportunity for traders.
The Volume Oscillator for ADA is currently at -13%, which means that the current trading volume is lower than the average volume over the past few periods. This might suggest that there's not much interest in ADA at its current price point.
Moving on to the Moving Average Convergence Divergence (MACD). This is a momentum indicator that helps us determine the trend of an asset. Currently, the MACD for ADA is bearish, sitting at -0.0045. This could mean that ADA may continue to trend downward in the near future.
Finally, we have the Stochastic Oscillator. This is another momentum indicator that helps us determine potential buying and selling opportunities. In the case of ADA, the Stochastic Oscillator is at 13, which is a relatively low reading. This might suggest that ADA is oversold and could potentially see a bounce in price soon.
It appears that the price of ADA is bearish in the short term. The MACD reading for ADA is currently negative, indicating bearish momentum. Additionally, the Stochastic Oscillator reading is relatively low, suggesting that ADA is oversold and potentially due for a rebound. However, these indicators alone cannot predict with certainty the future direction of the price of ADA.
Overall, based on these technical indicators, ADA appears to be oversold and potentially undervalued at its current price point. Traders looking for a buying opportunity might consider entering the market if ADA continues to trend downwards towards its 0 Fibonacci level. However, it's important to always do your own research before making any trading decisions. Remember, trading always involves risk, and it's crucial to manage your risk appropriately.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
ADA's bullish tripHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are going to buy ADA from the key reversal area. I expect at least 2.5% from the key reversal area, and we will take all the profit after the +5.45% move.
ADA Buy limit 0.3598
Stoploss 0.3532(-1.81%)
Target 1, 0.3691(+2.56%)
Final Target 0.3794(+5.45%)
Don't forget to hit the like button and follow to stay connected.
ArmanShabanTrading |🔴 Cardano : New Update : Bull or Bear ?As you can see, #Cardano entered the FVG range yesterday and reacted positively , but I still expect further price correction, the first support range is 0.3450 to 0.3670! The important supply zone is 0.42 to 0.44 !
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 02.23.2023
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Cardano - BTC Dominance Drops: ALTS RALLYHi Traders, Investors and Speculators of the Chart📈📉
Cardano looks like it's gearing up for a big move; currently consolidating under the resistance zone just like back in 2021 (which is bullish ). Apart from this Fractal that played out two years ago over the same period; I'm expecting altcoins to shine as BTC takes a breather. We can see that BTC dominance is dropping, meaning alts will have a chance to rally:
Here's an update on Ethereum, also looking bullish :
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck