ADA analysis: Decision time for ADAADA analysis:
ADA breaks the resistance area and now retesting it. Also, ADA is respecting the uptrend line and we may see a retest of the uptrend line. The support zone for ADA is $1.35-$1.40 and we expect a bounce from here. If ADA breaks below the uptrend line we see more dump in the coming days. There is a heavy resistance area of $1.6-$1.65 and $1.8-$1.86. If you want to open a long position then place your orders near the support zone and use a tight stop loss.
Adausdtrade
ADA CARDANO - Time to Go HIGHER maybe? (and hopefully!)Been waiting for Cardano to rise but Cardano is always like this: testing our poatience and then rises in due time.
Let's hope that Bitcoin manages to help us lift Cardano higher.
After all, ADA has proven to be the right choice since it fails to drop more than the others and to em it's the best option at this stage.
Hope it goes up,
the FXPROFESSOR
PS. RIGHT NOW I AM HEDGED: Short on BTC and LONG on ADA
ADA Sell the breakdown.Cardano - Intraday - We look to Sell a break of 1.294 (stop at 1.341)
Trend line support is located at 1.340.
A break of bespoke support at 1.300, and the move lower is already underway.
Short term bias is mildly bearish.
Daily signals are mildly bearish.
Our profit targets will be 1.173 and 1.131
Resistance: 1.350 / 1.400 / 1.460
Support: 1.300 / 1.250 / 1.200
ADA at heavy resistance areaADA is now at the heavy resistance area and also at the downtrend line. This is no trade zone for ADA, wait for a clear breakout and retest or for rejection. The support, for now, is around $1.7-$1.2 area and the heavy demand zone is near $1. This is not a good time to enter in ADA.
CARDANO - If you Have to Buy something then ADAOur updated chart on ADA .
At this moment i am still short on BTC but I will start hedging gradually by buying some Cardano.
Take a look at the chart, not much to explain as my levels are linear,.
PS. CAN IT DROP MORE? YES..IT CAN!!!
One Love,
the FXPROFESSOR
Cardano- strongly bearish under 1.5Like a lot of coins, also Cardano is trading at an important juncture.
At this point, AdaUsd is trading just above 1.5 very important support and if bulls can't manage to hold the price above a new wave of selling could bring the price at 1usd.
In my opinion, this will be the case and I'm looking to sell rallies
ADAUSD 4h Trading SIDEWAYS Range LONG On a 4H chart it seems like there is a double bottom in the forming on the lower band of the channel, that holds the price for the past 3 weeks. On a larger scale we can see an attempt of inverted H&S that failed at the now upper channel resistance level.
Full double bottom formation would most likely mean retest of a channel resistance - with RSI and MACD levels low, there could be a breakout if the overall crypto market starts gaining strength.
For now ADAs price stills correlates to BTC movement. Past few days it seems like a market could be forming a local bottom, opening a potential for a slow climb towards previous highs.
PERSONAL TRADE:
Enter trade at: 1.45
TP: half at 1.75, half keep for chance of a breakout
SL: 1.30
Risk reward ratio: 2:1 + (depends on second half Profit taking)
Would re-enter the trade if price comes to retest pre resistance in case of a successful breakout.
Check my MACD Histogram Script. You can get it for free if you click on my profile and check scripts section ;).
ADA Buy the dip.ADAUSDT - Intraday - We look to Buy at 1.531 (stop at 1.439)
Daily signals are bullish.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 1.500.
We look for a temporary move lower.
Our profit targets will be 1.821 and 1.871
Resistance: 1.750 / 1.830 / 1.890
Support: 1.650 / 1.600 / 1.500
200% ready for ADA ... $4 ADA straightway after correction 🚀
Till now $1 is seems to be holding well for ADA after testing it many times.
Most likely we gonna see a pullback from a double top resistance.
Look at the channel on the chart, u will get that we r in a bullish uptrend.
An estimated pullback from $2.40 to $1.40 between within June. ( about 45% down)
On short-term n Mid-term we r bullish.
If we moved as expected on the chart, it will good indicator to make lower lows after the pullback
After we gonna break $2.40 resistance we will see $4 straightway.
I think we gonna break the $2.40 resistance after the third trial.
If u r holding now don't sell n wait to add more at $1.40 region.
DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
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Thank you.
LONGHi guys
This is just a financial offer
Futures🪐
#ADA
#ADA/USDT
Long🌟
Enter : 1.80$/1.83$
Target : 1.85$
Target : 1.90$
Target : 1.93$
Target : 2$
Target : 2.4$
Target : 2.17$
Stop loss : 1.78
Low stabilization: 1.65
3% Capital
Leverage : 3x/5x
⚠️Risk Level : 9/10
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ADAUSDT (CARDANO)Cardano on a daily frame is stuck between 2 levels and until it is stuck in between these 2 levels it is hard to take a trade but if it manages to break the top level and then on retest of that level , would be a good place to take a long trade. Everything is marked on the chart. Good Luck!!