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Why ADA Looks Bullish?ADAUSDT (Day Chart) technical analysis Update ADAUSDT currently trading at $1.11 ADA is already dropped 70%+ from the top In the chart you can see price reversing from the major support zone, ADA is already up 18% from today's bottom, I’m expecting ADA can go up from the current support zone. if the price breaks $0.90 support then we can expect one more drop in ADA. Recommend to buy it on the spot market. buy level :$1.00 - $1.10 Stop loss:$0.82 Target 1: $1.50, Target 2: $2.30, Target 3: $3.00
Long
by HexaTrades
4
ADA Flight for Cardano is provided, the only question is whitherWe are analyzing the "first order" from the voting under the idea of ​​"Bitcoin weekend №17" If you look at the ADAUSDT chart, you can see that the price is moving upward in a channel. And if we draw this channel by the highs and lows, we will see that the price moves exactly from border to border. Today the ADAUSD price has stopped at the level of $2.88 so far. The sellers did not even let them approach $3.00, because the channel border is a bit lower. In fact, in two weeks the price of ADAUSDT increased by x2 from $1.44 to $2.88 If you look locally, the breakout of the $1.50 level upwards took place on increased volumes and buyers did not even give a chance to test this level for strength from above. However, if you look at the entire movement of the ADA price in the channel, we will see that trading volumes are fading and over the last month they are just scanty in comparison. Now we would like to see a correction in the price of the Cardano token in the range of $1.73-1.93 , we will take the average price of $1.83 as a basis. And when and if the price reaches this zone, then we will analyze: the nature of the price movement, at what volumes the price movement will be and in general what mood will reign in the crypto market in the future. After this analysis, it will be easier to predict which further variant of the ADAUSDT price movement will be more probable. Since now, theoretically, there are equal chances for the price of ADAUSD to renew the maximum to the $4.30 region or to begin a deep correction to the $0.40-0.50 region. _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
115
ADA/USDT : Bullish continuation or reversal rejection ?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 moving in a descending channel currently and so there was a bullish divergence on a lower low into 2D Demand zone. It just resulted in a nice push to the upside. Expecting this to stall at around 1.6 then I'll see what develops. 📚 Two main opportunities I'm looking at for a long: - Reclaim resistance between $1.655- $1.708 (would be a break of the channel resistance also) - If we drop back and develop equal lows within the 2D demand, I may look at a long there also. 📌 Also I would point to an aggressive SHORT if we lose the bullish momentum on channels higher head back to the 2D demand ! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
by Helical_Trades
56
Ada analysisHere's a quick look at ADA 4HR char t. As we can see, the price has been showing a support zone at 1.206$ . Hoping btc will not go below 45800$.If btc break that zone we see 42-43k$ soon . Then possibility ADA touch 1$ or can see wick at 0.811$ zone . PLAY SAFE Another way to look - - it moving in falling wedge . Now its time to wait it carefully and must have one open position at 0.811$ Definitely one to keep an eye on . The best entry at good Support level. Target - According to fib 1.297$ 1.420$ 1,579$ 1.796$
Long
by YouDo_
ADAUSDT | The best target to climb📍Hello traders, Cardano in daily timeframe , Waves 1, 2 and 3 are composed of this currency and wave 4 is also being formed. The structure of wave 4 is zigzag and from this zigzag wave a is completed. We also considered wave b to be complete, but it is not in a good position in relation to wave a in terms of time. In mind. But for now, we have shown an uptrend to form more waves to make sure the trend continues. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
1