Adausdtradeidea
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🙌
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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?
--
Here there are reflected the most relevant levels to take into account, thank you.
ADA 12h There will be growth, but a little bit laterSince the previous short-term idea in the ADAUSDT pair worked out our goal from above, it's time to look globally at the picture.
Globally, ADAUSD has been in consolidation for the second month, preparing for a breakout.
Most likely the breakout will be upwards and the first target from above is around $2
But before that, we would like to ask the market to let us into the long, at least for $1.26 :)
Also, global goals for the possible future price of the Cardano token should be spinning in our head, and this is a range of $4.30-5
Global ADA upside correction will begin if sellers push her below $0.97
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ADA/USDT : Moving above bullish trendline BINANCE:ADAUSDT
Hello everyone 😃
ADA is moving above two bullish lines.
Now there are two important zones !
- Support zone around ~1.1$
- Resistance zone below ~1.3$
Both zone can hold or reject ADA but there is a coming event in August.
The development team behind the CARDANO blockchain is unveiling new details surrounding its smart contract release...
In the wake of its Mary protocol release this March, Charles Hoskinson’s CARDANO is revealing that its Alonzo upgrade will launch this coming August.
IOHK (Input Output Hong Kong), CARDANO's development company, announced this week that the Alonzo upgrade will add support for smart contracts to the CARDANO blockchain.
The update will allow developers to start building on the CARDANO platform – a highly anticipated functionality that the Ethereum network currently possesses.
IOHK notes that the upgrade aims to support businesses and provide support for developers wishing to build decentralized finance (DEFI) DApps.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ADA SHORTERM SELL - LONGTRM BUY Technical Analysis
1. Large Pennant
2. Fibonacci Retracement bounced off 0.786 (Silver Zone) in mid March 2021
3. 1st Take profit will be on Major Resistance Level, expect the market to move downwards for a pullback before rising to 2nd Take Profit level
3. Fibonacci Expansion 1.654 (2nd Take Profit) is mirroring a potential pullback which will allow the market to bounce for previous resistance level now turned support.
4. Final Take Profit is at Fibonacci Expansion Zone of 1.618 (Golden Zone for Expansion Take Profit) in which would also complete our Pennant's Flagpole
How I would approach this:
Let market fall/sell to 1.19109171 then buy till our 1st Take Profit at 1.44765257 .
Wait for the market to fall back to 1.27897369 then re-enter to a buy to our 2nd Take Profit at 1.65572097.
Wait for the market to pullback to levels around 1.44765257 to re-enter for our Final Take Profit at 2.06991149
ADAUSDT realistic predictionADAUSDT just made an attempt to break out from the symmetrical triangle.
But, "Aber leider" (the best phrase to describe this condition) it failed.
So this is my realistic and optimistic prediction for ADAUSDT.
Why i made the prediction optimistic?
Because there's a strong support in 1.20500, made from lower timeframes movement.
I hope phase 1 can happened faster. (hahaha) and continued by phase 2. After that maybe there's another big retracement before making another attempt to break the ATH of ADAUSDT, or ADAUSDT fly directly (small chance).
I hope you can give me your insight about ADAUSDT
~This is only a prediction~
Go go go ADAUSDT!
ADA to $1.50 then to the moon 🚀🚀Need the correction to the support at 1.17 or deep correction to 1.11
Failed to cross the strong resistance at 1.23 4 times
buy through correction on several prices to get a good average price , maybe it wont touch the strong support area again n fly to the resistance at any time
on short term for next hours maybe bearish however on the next days completely bullish
I totally recommend not to panic sell at all, however catching more bags at that price will be more profitable
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Short Term Opportunity for ADA TradersOverview
Adding one more idea in support of my earlier published idea where in coming weeks we could see ADA challenging its rival Resistance level at 1.47 zone. Until we reach to that point, sharing a short term opportunity that we all can be benefit from.
Trend
On a 4 hourly chart, ADA is moving in a descending parallel channel (RED lines) and on a much lesser time frame it is moving in a upward trend (marked in Blue lines).
Whats expected in coming hours?
ADA to keep moving in an upward trend and touch 1.21 (Zone A). Good to go SHORT from here.
Whats expected in coming Days?
Once ADA reaches Zone A, it will also hit its Resistance and will be forced to come down to 1.14 (Zone B). Once it reaches Zone B, it should again try to bounce back to hit its Resistance level and potential breaking it to reach Zone C. This would be a beautiful LONG opportunity with potential profit of 8%. Entry Price and Stop Loss are also marked on the chart.
If you like the analysis then please do LIKE and SHARE it with your friends who would be benefited by this.
NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely. Also Keep an eye on BITCOIN, when he's not in good mood he tends to fall on all coins ;)
ADA/USDT : Being controlled by MA 100 and MA 2BINANCE:ADAUSDT
Hello everyone 😃
There are 2 located moving averages which are holding ADA.
Both of them can change the direction so next candles are very critical !
For now, MACD and Volatility is bearish on most of time frames;
But cause of stability in last candles, we can't make any decision based on indicators.
The only ones that showing correctly for now are moving averages and RSI indicators..
📌 Market is bullish so majority is bullish for ADA, Also on higher timeframes;
Moving averages are reaching current level from below ( which can be a good support for movement ) !
🔴 We might see a rejection till support zone cause MA 100 but it will be very good for ADA.
If it happens, most of indicators will reset their calculations and then we can see more positive signs for ADA !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Head and Shoulders formed for Cardano ADAOn a 4 hour chart, ADA has formed head and shoulders pattern. Though ADA is still trying to recover from Bitcon's fall earlier today. But doesn't looks like it is over yet. There are two scenarios that are possible.
Scenario 1, ADA to continue to recover and continue in same parallel channel. But this looks unlikely at this stage
Scenario 2, There is higher possibility of this happening. If ADA takes this route and be ready for some significant drop in ADA prices over the coming days.
Currently ADA is at the neckline, which is a very critical stage. Hopefully by tomorrow we have firm decision on where it's heading.
If you like this pattern, dont forget to Like and leave your comments
NOTE: These are my personal notes and should not be taken as a financial advice. Do your own research
Cardano - growth is incomplete.I think the growth is incomplete.
The global trend is growing.
What could be the reasons for the fall?
After the breakdown of a key level I will buy.
local vision
the beginning of this movement
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA is now Live on Coinbase 👌 (Our Target Prices)Hi Everyone,
Ada is now finally live on Coinbase. That's only GREAT news.
Some of you asked me for take profit targets so here is my updated chart and the price targets :
1.35
1.54
2
..and then higher
By default, our strategy is to take profits gradually.
Try to do the same it really helps your psychology to work for you when you implement such a plan to take profits along the way but also to ALWAYS leave some part as a long term investment. Just keep it for ever! Never cash out completely (even if ada makes it to 2, don't sell all of it but do sell most of it).
This is something we have developed and it works for us, why not for you too.
Keep in touch for a lot more