Adausdtrade
ADA ready for a Bullish rally✅In daily timeframe, ADA is forming an inverted head and shoulder pattern, which is a very important pattern at the END of a long descending channel. The 0.618 Fibonacci support(0.93) could be ADA's last DIP. We consider the breaking of the 4-hour timeframe resistance as an important signal for BUY. Here we have the conditions for a good trade with a high risk-to-reward ratio. After a 4-hour resistance break, there is a good opportunity to buy. Then a $1 resistance breakout could be the second important buy signal for a mid-term trade.
One Week target: 1.248 (1 fib)
6-week target: 1.594 (1.618 fib) cause VASIL hard fork.
* May decline to 1.86 (0.786 Fibonacci)!
ADA LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CARDANO as price shifted the market strucutre from bearish into bullish making the move above the last high (bos area) right now the price is filling all the bullish imbalances and if price reaches 0.90$ psychological area + bullish orderblock h4 i think a LONG entry would be nice.
What do you think ? Comment below...
ADA LONG HOLDADA just finished 1 to 5 Elliot Wave Theory downwards, broke out of a downtrend and started an ABC correction, we are forecasting that we already finished B wave of a correction because it is 61.8% zone of a fib retracement so we expect price to reverse and start to rise until it hits liquidity zone in $2.37 zone.
Cardano blockchain is in the actions of implementing Vasil Hard Fork in beginning of the summer (June of 2022) we already saw first stages and after every one of them being implemented price risen so as Cardano blockchains TVL. This Hard Fork implementation will allow it to deal with more dApps and improve users experience also NasdaQ has listed Cardano as one of the coins to buy and hold forever, so once this Fork will be launched in the market we should see price sky rocket.
Target 2.368
Invalidation: 0.778
Entry: 0.97
ADA exits the ascending channel to the $1 KEY POINTFollowing the negative news published by the Federal Reserve and due to their anti inflationary policy, it is likely that short-term prices will fall in the markets. Technically, ADA has started a downtrend after forming the DOUBLE TOP pattern at 1.25 and exited its ascending channel. probably supply will continue because the trading volume has not increased significantly at current prices. After the weak support of 1.08, I expect the bearish rally continue to the key range of $1. If macroeconomic conditions worsen, the price of 0.930, which is at 0.618 Fibonacci, is the most important support for ADA.
ADA LONG SETUPMarket just finished 1-5 Elliot Wave pattern and we are supposed to get an ABC in the opposite side, we just broke bearish trendline and price started consolidating at 1,216 zone, which is 0,5 fib zone of the last (5) Elliot wave, that's why we are forcasting that this zone is A point of an ABC correction.
Entry: 0,976 ( 0,5 fib zone of an A correction wave, institutional candle zone)
Invalidation: 0,835 (Recent low below buy zone)
Target 1: 1,836 (Bottom of an institutional candle zone which is visible in 4h time frame, 0,5 zone of the whole bearish trend)
Target 2: 2,377 ( Liquidity zone formed by a market while moving downwards)
R/R Ratio To Target 1: 6
R/R Ratio To Target 2: 10
ADA/USDT TRADE SETUP! READY TO PUMP 100% Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG #ADA/USDT breakout this big descending channel pattern.
ENTRY: CMP and add more up to $1.121
SELL- 100%
STOP LOSS: $1
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
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Cardano fantastic Cup & HandlesHello dear friends...
i was looking at ADAUSDT chart and saw triple cup & handles. 1st and 2nd hit their targets. now i'm waiting for confirmation to enter long position.
Target is shown on chart.
Please share the patterns you see in the chart with me and ask your questions in comments.
CARDANO LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on ADA CARDANO, i closed the profits from last weekend. I want to go LONG on this coin but only when price retraces back to fill the bullish imbalances a nice LONG entry area would be 1.0$ or 0.90$ bullish orderblock d1 + imbalance.
What do you think Where we go next ?
ADAUSDT | The best target to climb🏹Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count we had, waves 1, 2 and 3 were formed and now we are inside wave 4.
Wave 4 is formed in a zigzag pattern and this zigzag a and b waves are terminated.
Wave a is formed in an almost normal structure and wave b is temporally unbalanced.
Anyway, now we assume that we are inside wave c. This wave c will be in the form of a leading triangle according to the pattern it has formed. This progress triangle completes waves 1 and 2, and another drop is probably underway to complete wave 3.
Then we will climb for wave 4 to the upper side of the channel and descend again for wave 5.
The final target of correction is around the price of 0.500 and we will consider the beginning of the climb as the breaking of the purple channel ceiling.
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Trading opportunity in ADAUSDTCardano ADAUSDT , a triangle is formed and after breaking the pattern, we expect to reach the target drawn in the chart.
Note : The probability of short-term downtrend is higher based on price action factors
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ADA/USDT : On the verge of break down ! BINANCE:ADAUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
$ADA is on the verge of closing the first candle below $1 in last 1 year.
The last candle closes below $1 was happened on 24th Feb 2021 and now almost after a year; $ADA is again going to have a candle close below $1 !
However there was dipper shadows into $0.9's channel; But the wasn't any candle closes below $1 that's the big deal of bearish bias on $ADA.
I would personally rather to wait for a rejection below $0.9 to SHORT the wave into $0.45's support zone.
But it's also possible to have a taste after the confirmation below $1...
🔴 Have to mention that the majority into micro time-frame is programmed as a pull-back in $46500's NPOC as final retest; So every break below $0.9 could get invalidated as a deviation.
This could be the reason for us to ride our horses much slower into SHORTs for now...
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Attention: this isn't financial advice we are just trying to help people on their own vision.
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@Helical_Trades