Adausdtradeidea
ADA/USDT 1 DAY UPDATEWelcome to this quick ADA/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ADA/USDT triangle pattern create
Entry:- 1$, 1.11$,
Traget:-
T1:- 1.67$,
T2:- 1.99$
T3:- 2.21$
T4:- 2.69$
T5:- 2.96$
Stoploss:- .70$
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ADAUSDADA/USD fell to nearly 91 cents during the past weekend. Although a reversal higher was accomplished and a high of nearly 1.170000 was seen on Sunday, ADA/USD has again fallen under the duress of strong headwinds. Cardano is trading in correlation to the broad cryptocurrency market which continues to show a lot of nervous sentiment.
A troubling indicator for ADA/USD is that it is trading below its lower prices seen in June and July of 2021. The technical fact that Cardano is a lower value now, after falling to the values seen during June and July after achieving its highs in mid-May of last year are cause for alarm. The reason for this is that after the over exuberant bubble popped last spring, ADA/USD was able to find a level of support in June and July, and then actually achieve all-time record values in early September of 2021 over 3.000000 per token.
The ability of ADA/USD to crash below the June and July support levels, after achieving the record highs of this past September shows the current massive selloff is greater than the selloff seen late last spring and into the summer. As of this writing, ADA/USD is hovering near the 1.000000 mark and this may be considered a strong barometer short term for Cardano. However, the token has traded beneath this depth only a few days ago.
If ADA/USD is able to sustain a value below the 1.000000 juncture traders will need to consider the potential that Cardano may be ready to test values not seen since the second week of February of 2021. The current price range that ADA/USD is traversing is dangerous because if the current values are not able to be sustained and February prices from last year are seriously challenged, then ADA/USD could test the electric fast conditions which saw it climb in value from nearly 40 cents at the end of last January until hitting the one dollar per token value in the third week of February 2021.
ADA/USD remains stuck in a bad bearish trend. Traders who are tempted to believe ADA/USD has been oversold and remain optimistic about upwards momentum are urged to use stop losses if they want to wager against the prevailing trend and look for upside.
Speculators who want to sell ADA/USD cannot be blamed, but they may want to use quick hitting take profit orders so profits do not vanish via reversals which go against their short positions. ADA/USD is volatile and risk management is crucial. Traders who decide to speculate on Cardano under the present conditions need to remain realistic about their price targets.
ADAUSD Double Top Pattern.!#ADAUSD Hello trader, I hope are good and safe. Today I opened the chart of #ADAUSD for 1 DAY and analyzed it then I see that this chart has made a DOUBLE TOP PATTERN, So I hope #ADAUSD will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
ADA (CARDANO) STILL BEARISHADA (CARDANO) is most probably still in the correction phase as a WXYXZ. It will most probably finish around lower channel support.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#ADA #CARDANO
Good Time to Buy ADAUSDT for LongTerm Profit.Please support my work by clicking the LIKE button(If you liked).Thank you!
Support and Resistance clearly mentioned on the chart.
As you can see that ADAUSDT is breaking a falling wedge , so be ready for a bull move.
What about me? Locally, of course, I would like to see this at $2 to $2.6
if it breaks the resistance, it means that we are going to bullish once again and reach its all time high.
if not, then there will be another local decline, what option will be - time will tell, im just waiting and holding my positions.
Good luck everyone!
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#ADA continues to fall as predicted. #ADA continues to fall as predicted. Price near came to $1.30 and hodling as support which is very weak. Sturcture is heavily bearish and more dip may come unless any structural break happens. It would be a great buy, if price dropped till major support around $1.19 - $1.23.
By @CryptoAXEN
ADAUSD Sell Trend.!#ADAUSD Hello trader, I hope are good and safe. Today I opened the chart of #ADAUSD for 15 MIN. and analyzed it then I see that this chart has made a DOWN TREND, So I hope #ADAUSD will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
ADA Flight for Cardano is provided, the only question is whitherWe are analyzing the "first order" from the voting under the idea of "Bitcoin weekend №17"
If you look at the ADAUSDT chart, you can see that the price is moving upward in a channel.
And if we draw this channel by the highs and lows, we will see that the price moves exactly from border to border.
Today the ADAUSD price has stopped at the level of $2.88 so far. The sellers did not even let them approach $3.00, because the channel border is a bit lower.
In fact, in two weeks the price of ADAUSDT increased by x2 from $1.44 to $2.88
If you look locally, the breakout of the $1.50 level upwards took place on increased volumes and buyers did not even give a chance to test this level for strength from above.
However, if you look at the entire movement of the ADA price in the channel, we will see that trading volumes are fading and over the last month they are just scanty in comparison.
Now we would like to see a correction in the price of the Cardano token in the range of $1.73-1.93 , we will take the average price of $1.83 as a basis.
And when and if the price reaches this zone, then we will analyze: the nature of the price movement, at what volumes the price movement will be and in general what mood will reign in the crypto market in the future.
After this analysis, it will be easier to predict which further variant of the ADAUSDT price movement will be more probable. Since now, theoretically, there are equal chances for the price of ADAUSD to renew the maximum to the $4.30 region or to begin a deep correction to the $0.40-0.50 region.
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ADAUSD Ascending Triangle Pattern#ADAUSD Hello trader, I hope are good and safe. Today I opened the chart of #ADAUSD for 15 Min and analyzed it then I see that this chart has made a ASCENDING TRIANGLE PATTERN, So i hope market in this condition going up and going down,
Now Nice opportunity for long and short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
Cardano- A drop to 1usd next?Since the 3usd ATH, the trend for Cardano is clearly down and after finding support at 1.2 zone, the coin tried to recover some of the losses.
However, the rally from that point was anemic and the break above 1.5 was a false one suggesting the coin is extremely weak.
At this moment AdaUsd is back to 1.2 support and a break is very probable now.
I expect the price to drop at 1usd level in only Ada above 1.4 would put a pause in this scenario
ADAADA in the year 2021 was a spectacle. We do exactly 1600% this year. After all this fuss, we are in consolidation, which for me is a continuation of bullish consolidation. The interesting thing is that we create a small consolidation within a larger one.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset!
I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
ADA/USDT TRIES TO BE A GOOD BULL Hello guys, here I will share an idea about ADA/USDT technical analysis.
I do not recommend trading using high leverage for this trade. max use x3 leverage (DWYOR).
From the reversal price of crypto assets that occurred a few days ago, ADA has certainly suffered a deserved impact. For those of you who have confidence in this coin, there is good news to start buying in the area that I have marked.
ADA/USDT will most likely go to Fibonacci level 1.0 ($1,204), so you can buy ADA/USDT coin in the price range of $1,082 - $1,223 and sell in the Fibonacci area of 0.618 ($1,883) or if you want to sell at a safe level in the price range $1,748
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0x94bD70a85147A9f2588994854617987D980acED2
ADAUSDT , Buy zone activated , Did you bought ?Hello everyone
According to the previous analysis we shown on chart a buy zone area (green box) and tonight that box is activated and we expect that the price can rise up to reach the first target , and if it can break the first target the other targets is on way of price because when it can break the first target the trend is change to upward and we exit from the wave of correction-downward and the more high target is on our way .
Dont forget use stop loss and attention to money management
Previous analysis :
Good Luck
Abtin