ADAUSDT Reversing from the SupportADAUSDTUSDT(Day CHART) Technical Analysis Update
Resistance Become a support
ADA/USDT currently trading at $1.70
Buy-level: $1.65- $1.72
Stop loss: Below $1.47
Target 1: $1.83
Target 2: $1.91
Target 3: $2.15
Target 4: $2.40
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ADA-USDT / CARDANO - 3$ !!As a Beginner learner, tries to share my opinion in order to verify it in the future to learn from my mistakes and to reward myself if I found that I was right.
If possible, follow me and correct my mistakes so that I can learn from you.
I am a new learner in the cryptocurrencies domaine, and my analysis are not investment advice to anyone, I just want to save an archive of my analyzes in order to monitor my learning level.
thank you so much
ADA is moving +100% profits already ... still more 👌we posted before for ADA n we told that it will touch $1.50 area then it will go to the moon n that what happened exactly 👌
(link of the call is below this article in the related ideas section)
who can believe that this amazing coin was just 10 cents on last October?!
congrats to whom followed us ✌
n for now,
ADA broke out recently the $1.80 area , so in that situation usually we have 2 scenarios:-
1- ADA will correct with the market n test the resistance broken as a support n it may hold or not.
2- ADA will continue going upwards n will postpone its correction for now, but for sure it will happen !
so that, I marked on the chart where exactly the price may bounce up or down n where is the perfect entry to get in ADA.
in case ADA will correct $1.90 is where u should buy, it will be 20% down from its currently price.
long term targets: ADA can reach 10$ or 12$ maximum in this bull run, cuz of the market cap.
Whoever is predicting more than this during this bull run, he is just getting fomo.
Very Cheap CARDANO / ADA 3.05 $Bitcoin and Ethereum are falling, the island does not fall.
Let's not neglect to collect Fruits that will appear as Peak to Us when Btc and Eth de fall.
Get tp. Stop-loss = 1.96 $ There is a high chance of winning. But it is still affected by the rise and fall of bitcoin.
When the time comes, no one can afford to pay $ 3 within 4 hours at most.
The money entering Cardano is generally fixed inside, the market does not go below a minimum of $ 35 billion
Their investors are solid, so they don't take the act of short selling.
A coin is not short-selling, it always increases, albeit slowly. I suggest you read my old articles.
I don't think it will go below $ 3 in the future, not investment advice.
But be careful when buying for the first $ 3 visit.
If he enters full bull, his first goal is $ 4, his next target goes up to $ 12-14.
Do not forget to take Tp and set your Stop-loss.
ADAUSD BUY/LONG NOW READY (Might still do a restest)Hi All, this is an update based on my previous ADA chart release. You can consider re-entering now already. HOWEVER, note that the market could still fall back to 1.27 - 130.
AGAIN THE OVERALL is still an uptrend yeap.
Technical Analysis
1. Fibonacci Retest to 0.618 (Golden Zone) - Market is bouncing off it already.
2. Retest of Fibonacci Level is also on NEW Horizontal SUPPORT level
Consideration: The market could still fall to 1.27-1.30 range so bear in mind. However, overall and long-term still a strong up all the way to at least 2.00 range.
ADA - 6h. We expect a test in the range of $1.45-1.5After almost 2 months of torment, buyers managed to take control of $1.45-1.5 . It was from the 4th time that Cardano buyers broke through this liquid zone and continued their journey with an ultimate goal of $2. However, given the nature of the breakdown of this range and the not too vigorous growth of the ADA price, it seems that buyers will have to continue defending the range of $1.45-1.5.
If we look at the hourly timeframe , how sellers started their local downward trend, we see a significant increase in sales below the $ 1.7-1.72 range. Buyers' unsuccessful attempt to maintain this local range allowed sellers to hit stop orders that were below $1.58-1.64:
Buyers managed to get the price back above this local range, but we do not believe that this local range can become a solid support for the continued growth of ADAUSDT.
In addition, we see that the current wave of growth is taking place at low volumes, which indicates a small number of interested buyers in this range. Therefore, our main scenario is the continuation of the fall in the ADAUSD price with the first target at $1.45-1.5.
Alternative scenario. If the BTC price breaks the mark of $48600, we think that the ADA price will again return to the wide consolidation zone $0.91-1.5 with the first stop at $1.2
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ADA/USDT : What is the next targets ?BINANCE:ADAUSDT
Hello everyone 😃
ADA had a breakout from it's accumulation zone ( as we mentioned before 😉 ).
ADA has bounced nicely from it's MA50 and now EMA20 and MA50 are below movement and they will act as a support for ADA.
Now let's discuss about next possible directions and targets !
Now we might see a retest on broken level ( $1.48 - $1.57 ).
After that there will be a enough space for traders to join ADA..
Cause volatility had a bullish crossover and There are two stiff support points which can reversal the movement.
According to FIBBO retracement's levels;
1st targets is located near 2$,
2nd one will be at ~$2.35
And the 3rd is located is above ~$3.2 which is too soon to count it as target !
You can use safe targets if you want to take advantage from it.
Any 1D closes below support zone will invalidate this setup..
Hope you enjoyed our analysis about ADA's possible targets🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Cardano ADA-USD Possible Bullish Flag & PennantPossible scenarios I am looking at:
1. BO of Pennant and test of ATH
2. Break down of pennant and retest of 1.20 area
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
ADA/USDT : Possibility for new ATH ! BINANCE:ADAUSDT
Hello everyone 😃
ADA had a flat movement for a month now; So it could be good for it to have a bullish outlook on it.
Potentially with recent fundamentals it will be bullish more and more.
Now let's talk about chart :
- On first point, Bollinger Bands and Stochastic RSI had a bullish crossover on 21th April.
So I expect a continuation till Bollinger Bands is upper based on BB and stochastic RSI combination !
( This combination is very accurate to use in flat market and as I mentioned earlier ADA has been flat for a month now )
- ADA had a retest on 38.2% FIBBO level and now it seems that ADA starts to rebound from this level for multiple times.
There are two possible scenarios for ADA now;
1️⃣ Continues the growth and retest 0 level on FIBBO, After that if any breakout happened then targeting $2.165 based on FIBBO retracement knowledge !
2️⃣ Rejects to retest ATH's resistance again and follow BTC's ABC correction and go for a reclaimed support at 50% FIBBO level.
📌 It's about ALTs correlation with BTC's movement now ! So any minor rejection BTC can be dangerous for ALTs.
Now let's take a closer view on ADA :
As you can see on chart;
ADA had a bounce from Daily EMA20 and now It's attempting to break current resistance zone above.
Also MACD is trying to have another bullish crossover for a bullish continuation !
🔰 Factors are simply bullish on this chart..
🔴 But on MACRO overview;
ADA surged above the moving averages on 26th April , and the long tail on today’s candlestick suggests traders bought the dip to the EMA20.
This is a positive sign, as it shows that buyers are accumulating on dips.
ADA could now attempt a rally to $1.48 where the bears are likely to mount stiff resistance.
If the price turns down from this level, the pair is likely to drop to the moving averages and remain range-bound for a few more days.
Contrary to this assumption, if the bulls drive the price above the $1.48–$1.55 overhead resistance zone, the pair could start the next leg of the uptrend, which has a target objective of $2.
-Rakesh Upadhyay overview on ADA/USDT !
🔺 Have to mention again that BTC can have a correction in low TF so don't manage your risks ! It's highly recommended to limit your total engaged portfolio lower than 30%.
Hope you enjoyed our analysis about ADA's possible growth🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ADA is ready to move to $ 2 and new ATHHello guys, on 11th April in the Bitex group we came to the conclusion that Cardano is ready to start the move from bottom of trend and record new ATH
As I said in the account management group, the oscillators are ready to reverse and price go higher and reverse from bottom of ascending triangle and the time and price correction is over, and now it is ready to break the resistance and move to the prices of $ 1.5 to $ 2.6.
Buy Step : 1.22~1.30
TP :
1.55
1.82
2.12
2.60
3.0
SL : 0.97
ADAUSDT - Ready to fall to 0.40 USD or hike to 2.25$Looks like ADA is forming a rectangle top.
One of the 2 scenarios will happen:
Short: ADA closes on the daily below 0.96 and falls the technical price target of 0.39$ or
Long: ADA closes on the daily above 1.56$ and takes a hike to technical price target of 2.25$
Personally i tend to a long position since we are in the Altcoin Season and RSI with MACD are in the good levels to buy.
Also at 0.96% we have a strong EMA100 Support.
But i'll wait for the breakout first.
$ADA - keeping this one simpleAscending wedge again similar to BTC 1D, LTC and DOGE LTF setups from yesterday
Safest entry is buying a retest of the cap of the ascending triangle which is 1.488
If no retest pick up a HL after the deviation level has been claimed, as this confirms bullish market structure
Fundamentally this is a more efficient version of ETH, but at this moment less used
Targets shown on screen, for me mainly the 2.0 at $2 and the measure move at $2.3
Cardano - more sumer surveys...Cardano has been stabilizing its price since near the end of February, oscillating between the 0.618 Fibonacci ranges and touching 1 a couple of times.
Right now the average price with volume marks a lower price (about $ 1.00 approx) although the price is still above, just at another important level (0.786)...
What direction do you think the price will take in the next two or three months?
Will the move be strong enough to hit level 1 again, above $ 1.50?
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Here there are reflected the most relevant levels to take into account, thank you.