ADAUSDT
✴️ Cardano 244%-350% Potential Exposed!ADAUSDT, Cardano, hit its highest level today in months while at the same time confirmed EMA10 as support on the weekly timeframe.
Everything we've seen since the start of January is only the recovery from the stop-loss hunt event in late December... The bullish wave is yet to happen.
Let's not mistake the trees for the forest.
This is why there will be euphoria across the cryptocurrency market in a matter of weeks... But it will last long enough for everybody to profit.
The easy target is 44% while we already have lots of growth which is the recovery I just mentioned.
Then we have 130% at around 0.95 and the mid-term potential is set at 240% or 1.39... There can be more but the whole thing is just starting and so we are conservative to start.
We can expand and adapt once the market really starts to move.
Namaste.
Cardano - Is ADA heading to $10 or $0.10?Taking a close look here and through the duration of 2022, the white wave on the daily wavemaster has been oversold ever since about April. This is the most bullish it has looked in a year. Watching the green/yellow/red, things are still pointing up but not for much longer. Give it another 2 weeks or so and we'll get a decision.
Until then, lets look at some key horizontals. Right now, we're at the resistance from January 2021 around 40 cents. That's right around where we are now. Having some discussions with others online, I adamantly pleaded with people to be a buyer below 30 cents and to buy more at 25 cents. Well, here we are. ADA has risen 56% from there and only now you're interested.
This is a reason why I am being very picky with what I would like to buy. Right now, Cardano is not a net new buy but rather I'm watching for a profit take area. It's quite interesting that we've seen a great reaction off the 50% internal retracement from the March 2020 low to the August 2021 high. The target for that kind of a bounce is around $10 if we go to new highs but I am skeptical at the moment. Sure, more upside is likely, but I'd be more interested if we dropped to the golden zone instead.
The perfect path would be for Cardano to go to roughly $1, then return to about $0.10-0.15 before making that move to $10.
ADA ANALYSISlright, listen up guys because we've got some exciting action going on in the world of ADA. It looks like ADA has retested and bounced from the trendline that it broke a few days back. Now, we're expecting some movement here based on the price action we're seeing on the key support and resistance levels. But let me tell you, for ADA to make a truly bullish move, it's gotta break through those key levels. So keep your eyes peeled, friends, 'cause this one could be a real doozy!
ADA IS VERY BULLISHHi, 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
ADA: Approaching ResistanceCardano (ADA) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern with robust volume, price has completed a trend reversal and reached our target $0.40 horizontal resistance zone (also 200-day moving average). Wait for price to either 1) break above $0.40 to resume uptrend, or 2) pull back near $0.30 support for a swing entry.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.40, which it broke, then $0.50.
ADAUSDT Elliott Waves (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and higher
Target: 0.33 and 0.31
after first target reached move ur stop in breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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#Cardano Breaks Above $0.40 as Trend ShiftsPast Performance of Cardano
Cardano is firm, printing higher after finding support on February 14. There are hints of strengths as buyers look to build on recent gains. ADA prices broke above the recent $0.05 range turning the previous upper limit at $0.40 to support, reading from the formation in the daily chart. For bulls to sustain this, today’s close must be above the recent range, building the foundation for even more gains going forward.
#Cardano Technical Analysis
The cardano trend remains bullish. Despite the blip of February, the rejection of lower prices is massive for buyers. Therefore, as it is, ADA must build on recent gains, and strive to float above $0.40 to validate the breakout formation of February 15 and confirm buyers of last month. Notice that the February 14 bar has significantly higher trading volumes than that of February 9. Also, losses have been reversed. Aggressive traders can, therefore, search for entries on dips, ramping up with targets at $0.50. This preview will only be nullified if ADA bears flow back, pushing prices below $0.40 with higher participation levels.
What to Expect from #ADA?
Cardano traders are confident. The rejection of lower prices indicates strength. However, this will be confirmed if ADA prices stay above $0.40 by today’s close. In that case, ADA may rally to $0.50, or better, in a bullish continuation formation.
Resistance level to watch out for: $0.50
Support level to watch out for: $0.40
Disclaimer: Opinions expressed are not investment advice. Do your research.
ADAUSDT: The Starting Point of a Bull Run to 0.4600?Hello, Fellow Cardano Trader and Investor!
Price Action Analysis
ADAUSDT is breaking out of the daily bearish trendline. On the H4 Timeframe, ADAUSDT has broken out of the Descending Broadening Wedge Pattern with an impulsive candlestick (Marubozu). MACD indicator also made a golden cross, signifying a possible upside movement to the target area.
Other Technical Drives and Fundamental Drives
a. U.S. Dollar Bearish Bias Still Prevails!
b. Potential Slower pace of Interest Rate Hike in the future
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the ADAUSDT"
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[short] time for a healthy correctionADA is developing a clear ascending wedge pattern making higher highs while the RSI is making lower highs. I will take my chances here with a small amount and add up on the break of the base of the wedge
entry: small amount at current price
SL: $0.421
add up: on the break of the wedge
(will reenter if fakes out to the upside and comes back immediately)
invalidation: BTC breaking above $26.500
final TP: $0.3251
R:R 1:5
🔥THE SUPPORT AREAS HOLD CARDANO: LET'S OPEN TRADE WITH +50%❗🔥Hi, friends! Cardano is not on the hype now, so it's time to take a closer look at it, because the price is usually pumping after the low attention level. Where we can open a long to make easy 30-50%? This idea is exactly about it.
The price breaks the wedge down, which is a common thing in the crypto market. Now the price test the 3rd value area as the resistance and fall to the 2nd support areas.
📊 MY TRADING PLAN FOR ADA:
1. test the first value area at $0.34-0.35 as the support
2. huge buy limits and purchases of ADA at DOM and Footprint scalping tools. Always use these to track
3. bullish BTC
🚩 The second value area can also become the support if the price will finally falls there with BTC correction.
✅ MY TARGETS FOR ADA:
🔥 $0.437 - the key level
🔥 $0.5 - the key level and even number
🚩 Friends, do you pay attention to the regulation FUD around PoS altcoins such as ADA, ETH etc.? It means that PoS coins can dump so much and PoW (mining coins) pump, if strong regulation begins. Write your thoughts about it in the comments!
💻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.
✴️ Cardano | Is The Correction Over?We had a strong drop 9-Feb. but all losses have been recovered today, 14-Feb.
The low for this short time period happened exactly at the 0.382 Fib. retracement level for the last bullish wave.
If the market is really strong, this level can signal the end of the correction.
Today's action moves ADAUSDT back above EMA10 and EMA21.
The low bear volume and higher bull volume also indicates that the correction is likely over.
Looking at these signals together, the 9 to 14 Feb. drop can be seen as a shakeout move.
Something like the period from 16-Dec. to 5-Jan.
Now, things can change... But after years of bears action, it wouldn't be surprising to see a strong bull market... Either way, Cardano remains very strong above EMA50/0.382 Fib. retracement or the 0.3472/0.3552 price range.
Namaste.
MY PERSPECTIVE ON ADA FOR NEXT MONTH 🩸 -20%IF THERE ANY UPDATE FOR TRADE IT WILL IN THIS POST
These trades reflect my trading history and are not investment advice and I am not your financial advisor
Trades will be updated on the same published chart such as Take Profit, Early Exit or Partial Exit..... Good luck to all
ADAUSDT : Short Trade , 1hHello traders, we want to check the ADAUSDT chart. The market has broken the uptrend line and is currently moving in a downtrend, and it has also managed to break the key level of 0.3650 to the bottom, then the price has crossed the trendline at the same time. A bearish as well as a key level has been identified, which we expect to play the role of resistance for us after breaking. We expect the price to continue its downward trend and fall to the key level of 0.3300 and then 0.3100. Good luck.
Cardano (ADA) EXIT alert ! 15% profit#ADA /USD TA Update:-
$ADA currently trading at $0.367
Our CTT (Coinlion Trend Trader) told us to exit ADA at $0.36 which is currently trading above the 50EMA.
Cardano did not break out the descending channel as expecting. So we follow the indicator and took a 15% profit (entry at 0.29$ on Monday 09th of January)
Entry : 0.29$
Exit : 0.36$
Let's see if ADA decide to break out around 0.40$, if it's the case, next possible target will be at 1.10$ with a 179% profit.
What do you think ?
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Coinlion Trend Trader indicator tells me when to go short or long, when to exit and when to take profit.
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ADA/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ADA/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Cardano (ADA) extended its own recent sell-off on Friday, with prices falling for a third straight session.
ADA/USD dropped to an intraday low of $0.3558 earlier today, which comes after prices peaked at $0.3896 on Thursday.
As a result of this drop, ADA slipped to its weakest point since January 25, breaking out of a floor at $0.3590 in the process.
Since falling from this point of support, ADA has somewhat rallied, with bulls moving to buy the dip in price.
This took place as the RSI leveled out at a floor of 46.70, with Cardano currently at $0.3611.
If this floor on the indicator continues to hold firm, there could be a rally over the week, with bulls re-entering the market.
This is not a piece of financial advice.
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