ADAUSDT - Jan 2021 Fractal: BUY ZONE for +550%Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
ADAUSDT Lost a crucial support zone @40c. The next immediate support zone is only at 22c. From here , I expect the price to hover around and trade sideways until the next bullish cycle arrives (you may need some patience for that) . The spot profit potential could be up to 550%; as this is how high the price went the previous time it touched 22c in a fractal during January 2021. So not considering the IMMEDIATE term, I am bullish on Cardano from 22c because there could be a high demand zone there.
The Cardano video I mention is this one right here; a few days ago when I called the continuation of the bearish market early:
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🟢 ADAUSDT - 12H (29.09.2022)🟢 ADAUSDT
TF: 12H
Side: Long
Pattern: Bull Flag / Falling Wedge + Double Bottom
SL: $0.423901
TP 1: $0.448452
TP 2: $0.462917
TP 3: $0.474609
TP 4: $0.486300
Not only a bull flag but it looks like ADA trying to double bottom too. It should break out soon from the falling wedge.
Cardano - Will the buyer be able to hold his position.After stopping the fall at the current price levels there is a test of the interest zone of the buyer.
If the test is successful, the chart will go to the breakdown of the local trend line, the next target is the middle and the top of the trading range.
The buyer defends its position, with the accumulation on this instrument continues for further distribution at more favorable prices.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ADA | Cardano | Simple Range Trading StrategyADA | Cardano | Simple Range Trading Strategy
Price is testing again the lowest part of a historical structure located
near 0.4000
The support area is giving us the possibility to join the bullish wave
that may come during the coming days.
PS: A price movement below the support area will invalidate this trading idea.
Given that the price is within this major correction for a long period of time
the bullish move should be aggressive.
Targets:
🎯 0.573431
🎯 0.663290
Thank you and Good Luck!
ADAADA, I made a possible mapping of what will happen with active. Extracting from the chart we can see that ada is in corrective movement on wave 4. In this exit of leg 4, we see a bullish reversal pattern, which is called descending wedge that ends up reversing upwards. What caught my attention is that some assets are doing the same pattern. Wait for the best time to enter again and surf this wave 5.
ADAUSDTThat's an analysis based on the trend line, price action, and wave analysis. I see a good opportunity when I see the chart on a multi-timeframe. Therefore, I am looking for a suitable entry zone(point), and if after the news of the interest rate increase by the Federal Reserve (Central Bank of America), it will not break its support zones, it will be a good risk to buy and get a good profit.
ADA/USDT TRADE SETUP! READY TO PUMP 50%Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG #ADA/USDT
ENTRY: CMP and add more up to $0.44
SELL- 50%
STOP LOSS: $0.43
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ADAUSDT 1D Conditions and price zones to buy CardanoThe cryptocurrency market is at a crossroads. While some are tired of the fall of cryptocurrencies, and FUD only adds fuel to the fire in order to sell off their assets and forget about the crypto, others regularly bribe different crypto at levels.
Today, we created an idea with a fractal of the possible behavior of the BTCUSDT price in 2022.
And as we know, in 90+% of cases, the entire crypto market is oriented precisely on this trading pair, where to move next.
- If the price of ADAUSDT trades above $0.43 in the near future, the consolidation may last all summer. However, already in the fall, growth may begin to the area of a strong mirror level - $1
- Fixing the ADAUSD price below $0.43 will pave the way for a further drop of at least -30% to the $0.28-0.31 area
Therefore, you should carefully monitor the market and trading conditions before entering a position.
Globally, the Cardano token still looks and behaves quite well compared to other altcoins. At the moment, the ADA price is above the global consolidation of $0.03-0.30, where during 2018-2020 buyers accumulated long positions before solid growth in 2021
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[ALTCOIN] ADAUSDT TREND LINE ANALYSISHi, everyone here.
We are a team that specializes in chart analysis.
We'll be your guide
I hope it helps you a lot
Thank you.
The most reliable green upward trend was broken and stopped at a gentle downward trend, resulting in a rebound.
The line that can always be supported at the end is a safe and reliable chart only when it is an upward trend, so it would be good to go up to the thick sky blue upward trend line and come down again after receiving resistance and checking the green upward trend once again.
A stable buying RBI is on the green upward trend.
Short on ADAWe are looking at employing a leverage onto our position of up to 10 and taking the opportunity of benefiting from a possible drop in ADA and capitalizing on that. We have set 3 Take profit levels such as:
TP1: 0.796
TP2: 0.780
TP3: 0.767
When trading and your TP1 is reached you can consider taking some profits at that level and then adjusting your SL to the TP1 and use that way of managing your risk by securing profits as the position goes.
The SL applied it set to 0.861
ada long entrywe are completely bearish on a higher time frame. this is a counter-trend and risky trade.
Confluence for entry?
1. channel break with volume
2. break of structure on the lower time frame
3. I think ada complete Wyckoff accumulation phase this doesn't mean we are completely bullish. maybe I am wrong about Wyckoff here .my overall target is down
4. previous resistance work as support and VPOC in the support zone
5. increase volume in bullish impulse
ADAUSDADA/USD appears ready to begin the month of May near very troublesome lows, and if current support is proven vulnerable trading may grow more nervous.
The month of April started out on an extremely positive note for Cardano. A high of nearly 1.25000000 was tested on the 4th and the high came within shouting distance of early February values. Traders who were bullish in early April could not have been blamed for believing the bearish trend was about to be brushed to the side, and that another strong leg upwards would be demonstrated.
Instead ADA/USD appears ready to begin the month of May near very unpleasant lows. The word ‘unpleasant’ is used as a polite way of saying the price of ADA/USD is approaching an ugly price level. As of this writing ADA/USD is traversing near 82 cents and mid-March values are again plainly in sight.
Having traded with a healthy dose of strength above the 1.20000000 mark in late March and early April, ADA/USD may have appeared ready to flirt with the solid higher values of early January 2022. But the highs of early April ran out of buying power, and now prices are languishing near crucial support levels which if proven vulnerable may cause more selling for Cardano. The 78 cents mark should be watched. Perhaps speculative bulls will feel that a price of this stature for ADA/USD represents oversold territory.
However from a technical viewpoint if ADA/USD were to brush up against this lower support vicinity seen in mid-March, speculative nervous selling could cause ADA/USD to traverse within values it has not seen since February of 2021. As May gets ready to start Cardano is not only at one month lows, but it is testing values not seen since the 16th of March. Day traders may be tempted to look for upside, but the trend has been lower. The push towards highs in early April appears for the moment to be a rally that ran out of power, as risk was taken off the table and perhaps profit taking flourished.
ADA/USD can provide traders with plenty of volatility and that may be attractive. Moves of five to seven cents within Cardano are not uncommon within a single day. Speculators need to make sure if they are going to participate in ADA/USD and pursue wagers that risk management needs to be firmly in place. While support levels may appear strong technically because of March lows and the reversals that occurred higher, the broad cryptocurrency market remains under a bearish shadow too.
Cardano Outlook for May:
Speculative price range for ADA/USD is 0.69000000 to 1.05000000
The current support level of 81 cents needs to be monitored, if this level fails to hold back the tide downwards, traders cannot be blamed for thinking mid-March values will be promptly tested. The 80 cents price may seem like an important psychological value, but there is little reason to think this mark can cause a widespread and sudden burst of buying if it is challenged.
Traders cannot be blamed for believing additional downside may be demonstrated by ADA/USD as new lows are created with a high rate of velocity. If the 78 cents level breaks this would be crucial and likely create more downside pressure. A low of 0.74750000 was seen on the 24th of February, if this support is not strong enough to withstand selling, traders will have to pull out long term charts from February of 2021.
Speculators who believe ADA/USD has been oversold exist. Day traders looking for reversals higher cannot be blamed, but they should stay realistic about their target prices as long as the bearish trend remains intact. If Cardano were to suddenly see strong buying and the 90 cents level tested and sustained, that could be an indicator another move higher could occur. However, until ADA/USD breaks its current trading range and maintains higher prices, traders may want to look at higher moves as an opportunity to sell into a cryptocurrency market which is still demonstrating nervous sentiment as they look for reversals lower.
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 FIRST RESISTANCE PASSED. WHAT'S NEXT? After we broke the R7 resistance, the S1 support automatically appeared, the R7 resistance is the resistance level from the 4-hour timeframe, the daily resistance coincides with the R6 resistance, which is indicated on the chart, this is a very important and global resistance from the daily timeframe, as I wrote earlier and pointed out that only after breaking and fixing above this resistance there will be an actual trend reversal, but this is already a success and I didn’t think I would say it, but I would very much like the price on the chart to roll back below the broken resistance R7, so that you can buy on the rollback the best price. But things can change quickly and we can make a breakdown at the moment LR1 and go higher. We observe and follow.
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.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
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.
Would also love to know your charts and views in the comment section.
Thank you