ADA ANALYSISHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
ADAUSDT
ADA possible elliot wave countFor ADA we have an simillar count as for bitcoin, below you can see a link to BTC idea
Both waves 2 ended on the 0.618 Fibonacci inside a rising wedge
At the beginnning of an uptrend, bearish patterns has a higher chance to break to the upside
2 great targets are:
- the 1.618 fib extension/previous support and the 0.786 fib of the downtrend around 80 cents
- the 2.618 fib extension/ 0.618 Fib of the downtrend and the yearly close of 2021 around 1 dollar 30 cents
This is gonna take some while to develop but it could form al larger cup and handle for a breakout after the bitcoin halving
Crypto Update: ADA gearing up for new push higher?Today's focus ADA
Pattern – HL support hold
Possible targets – .3550
Support – .3550
Resistance – .3665 - .3770
Looking at ADA today, we can see a few bullish signs coming into play. We have run over them in today's analysis, and the rejection signs we will also be looking out for. Effectively we want to see support continue to hold and feed a new rally. If we do see this, we would like to see a new test of resistance to show buyer strength and break of that level to start thinking the overall up trend is still in play.
Thanks for stopping by. Good trading, and have a great day.
CARDANO's movement in Coming Days!!!🤑The ADAUSDT Broken the Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 weekly
- Falling Wedge Pattern
- Bullish SAR dots
❗and the Upward signals of market momentum are:
- Divergence in MACD
✅The price has been able to break this pattern upwardly. This means the price will be flying for now and we shall expect it to reach even higher levels.
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
🤑The rich invest in time, the poor invest in money.
🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹
✅Warren Buffett
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Have a nice day and Good luck.
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. 📈🌐
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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Coinlion Trend Trader indicator tells me
- When to enter short or long
- When to exit and take profit :-)
- Now CTT comes with the new RSI and Stochastic indicator
IF YOU WANT we can give you the link to our free indicators :
- Stop Loss indicator
- Liquidity Support and Resistance Indicator
- Buy and Sell signal
- Automatic Fibonacci Levels with Higher and Lower Lows
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