ADAUSDT Daily: 18/02/2023: Bull or Bear?!
Let's take a look at ADA.
As you can see, the price touched an important supply zone and had a bearish reaction, so our first scenario is bearish, and the price will fall from here.
Below monthly resistance I am bearish. It's possible that the price breaks the supply zone to collect the liquidity above an equal high and then fall.
If the price can break the monthly resistance and stay above that, we can follow the second scenario.
💡Wait for the update!
🗓️18/02/2023
🔎 DYOR
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Adausdtradeidea
ADA/USDT :: crossing the middle line !ADA/USDT :::
The price is in a descending channel and is on the way to break the middle line of the orange channel .
If the middle line is broken for the price, it will play the role of support, which will lead the price towards the ceiling of the channel .
<<< Good luck >>>
ADAUSDT - Be Ready for PARABOLIC AltSeasonHi 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 is another altcoin that I am extremely bullish on for the next altseason. However, the possibility exists that it might take a while to arrive, considering all the talks of an imminent recession for 2023. We're approaching a strong demand zone from 15c - 22c. From here, to expect a 300% increase is a modest target considering the last time that we hit this support zone the price increased 700%!
It might take a while for the price to drop to this level, which is a hidden opportunity considering everyone will get ample time to bag up for the next parabolic rally.
Interested in XRPUSDT ? Check out this idea 👀
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CryptoCheck
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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CryptoCheck
🟢 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.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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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