ADAUSDTPERP
Cardano ADA price is trying to stop falling) Maybe it will growIf we look at the ADAUSDT price chart globally, we can say that buyers are mega-passive.
At a time when quite a few altcoins are trying to grow, the ADA price continues to move in a downward channel, updating the 2022 low in November.
And some very strong altcoins, such as MATICUSDT, have long ago left the falling channel and changed the trend of price movement.
On the other hand, the ADAUSD price has entered the liquidity zone of $0.28 - 0.35, where it is trying to round up and show signs of a possible trend reversal.
If you believe in the positive prospects of the Cardano project, then the liquidity zone of $0.28 - $0.35 is a good place to take a long position for part of the deposit for the long term.
Analyzing the current price behavior of ADAUSDT, it is hard to hope for rapid growth. But $0.60- 0.65 for ADA closer to the middle of winter 2023 why not ?)
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The point to break out of the downtrend is...Hello?
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(ADABTC 1W chart)
If supported in the 0.0000 1593 ~ 0.0000 1944 section, it is expected to gather the power of the rise.
If this is not the case and falls below 0.0000 1593, the uptrend is expected to drop sharply.
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(ADAUSDT 1W Chart)
The key question is whether it can rise to the 0.5184-0.6834 range.
To do so, we need to hold the price above 0.2772 and see if it can rise.
(1D chart)
The key is whether the price can sustain the move above 0.3321 to break out of the downtrend channel.
Once it breaks out of the downtrend channel, we need to see if it moves above 0.3974 and prepares to continue the uptrend.
If it does not, and it falls below 0.2772, there is a possibility of entering long-term investment territory, so you need to think about how to respond.
The next period of volatility is around December 5th.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Trading opportunity for long position ADAUSDTBased on technical factors there is a Long position in :
📊 ADAUSDT - Cardano
🔵 Long Now 0.4242
🧯 Stop loss 0.3991
🏹 Target 1 0.4590
🏹 Target 2 0.4890
🏹 Target 3 0.5435
💸RISK : 1%
We hope it is profitable for you ❤️
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🟢 ADAUSDT - 12H (29.09.2022)🟢 ADAUSDT
TF: 12H
Side: Long
Pattern: Bull Flag / Falling Wedge + Double Bottom
SL: $0.423901
TP 1: $0.448452
TP 2: $0.462917
TP 3: $0.474609
TP 4: $0.486300
Not only a bull flag but it looks like ADA trying to double bottom too. It should break out soon from the falling wedge.
Cardano - Will the buyer be able to hold his position.After stopping the fall at the current price levels there is a test of the interest zone of the buyer.
If the test is successful, the chart will go to the breakdown of the local trend line, the next target is the middle and the top of the trading range.
The buyer defends its position, with the accumulation on this instrument continues for further distribution at more favorable prices.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ADAUSDT 1D Effect of the Vasil hard fork on the Cardano priceOn Thursday, Sept. 22 , the Cardano blockchain will carry out its much-anticipated Vasil hard fork, a backward-incompatible upgrade taking place on the main network that is intended to enrich smart contract capabilities, increase the chain’s throughput and reduce costs.
The crypto community is very optimistic about the upgrade and expects the price of Cardano to rise. Previously, hard forks have been a catalyst for ADA prices to rise. After two updates, the price of ADA has grown almost 40 times (look at the chart). But after the last Alonzo hard fork in 2021, the price of Cardano fell by -80%. But it will also be true that in the same period, the bear period began in the cryptocurrency market.
Probably, now they want to launch the Vasil hardfork at the "right time" , so that the ADAUSDT price would immediately start to rise, since it was originally postponed from June to July, and now to September.
You can try to take a good medium-term deal:
Entrance - $0.45
Stop below $0.422 (-6.2%)
TP1 - $0.74 (+64%)
TP2 - $1 (+122%)
R/L ratio 20/1
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Cardano (ADA) - August 30Hello?
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(ADAUSDT 1W chart)
Whether or not it can move higher than 0.5184 is crucial.
(1D chart)
For the short-term uptrend to begin, it needs to move towards the 0.4591-0.4893 zone and find support.
If it doesn't, it could drop to the 0.3321-0.3974 segment.
The 0.5184-0.6834 interval is the interval that determines the trend.
Therefore, it is most important to maintain the price by rising above 0.5184.
The 0.3974, 0.3448 and 0.3321 points are the support and resistance points plotted on the 1M chart.
Therefore, if it falls below this point, it is highly likely to enter the mid- to long-term investment area.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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ADAUSDT 1D Medium-term trade. ADA price target ~ $0.73The ADAUSDT price for more than 4 months is traded in the range of $0.40-0.69
The minimum of 0.40 cents was still set during the May drop.
During the next wave of the crypto market decline in June 2022, when most cryptocurrencies including Bitcoin updated their lows, Ada buyers were able to hold the price.
And this is not surprising, because below $0.40 there is emptiness and room for a drop of at least -25-30%. We wrote about this in our previous idea:
A good potential medium-term trade within the trade range is now emerging.
Entrance - $0.46
Stop - $0.3999
Take profit - $0.71-0.76
Profit/loss ratio - 4.5/1
It would be ideal if ADAUSD buyers were able to break through the black trend line up and tear off the stops of the shorts hiding above $0.69
Our global goal for the increase in the price of the Cardano token is in the region of $1 per ADA. But we will talk about this in our next ideas.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Trading opportunity for ADAUSDT - CardanoBased on technical factors there is a short position in :
📊 ADAUSDT Cardano
🔴 Short Now 0.5159
🧯 Stop loss 0.5428
🏹 Target 1 0.4977
🏹 Target 2 0.4747
🏹 Target 3 0.4232
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
ADAUSDT 12H Future of Cardano price will be decided at weekendIt has been 3 weeks since the publication of our previous idea for ADAUSDT, but in fact, almost nothing has changed on the schedule.
The ADAUSD price is further traded in consolidation. Although the rebound of the price of ADA from the bottom for the past week was 30+%, it still looks weak in the context of consolidation. So it can be not to said with confidence that the buyers have won.
So, the main task for the weekend for Cardano buyers is not to allow the ADAUSDT price to fall below $0,43-0,45. Completing this task activates the price movement along the blue route, with the first target $0.66
Force majeure, panic hysteria and a fall in the cryptocurrency market, or the banal lack of Ada buyers - these are factors that can help the ADAUSDT price to be below $0,40.
Fixation of the price below $0,40 may provoke a further fall in the $0,28-0,31 zone. This should be remembered
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
ADA/USDT TRADE SETUP! READY TO PUMP 50%Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG #ADA/USDT
ENTRY: CMP and add more up to $0.44
SELL- 50%
STOP LOSS: $0.43
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
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Thank you
Update for ADAHello Traders,
Unfortunately ADA broke the 0.6 support.
Also BTC Just broke a MAJOR support that was holding us for couple of weeks now, waiting for confirmation with 4h and 1d candle closes.
But till this happen, That my 3 major move that ADA can move according to it in all cases of BTC moves.
I lean more with a retest to 0.6 then going back.
ADA reached my Ascending wedge target ( didn't share it as an idea) and the H&S target.
Thumb up for more.