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Adausdtshort

Targets and stop loss for ADA / USDTHello everyone, let's take a look at the ADA to USDT chart over the 4 hour timeframe. As you can see the price tried to break the downward trend line but unfortunately fell just below it. Let's start by setting short-term stop losses, as you can see SL1 - $ 0.5296, SL2 - $ 0.5048, SL3 - $ 0.4801 and SL4 - $ 0.4429. Now let's move on to identifying the goals that we should consider in the coming hours: T1 - $ 0.5936, T2 - $ 0.6520, T3 - $ 0.7122, and T4 - $ 0.7971. Looking at the CHOP indicator, we can see that in the 4H range, energy starts to rise again, while the MACD indicator shows an uptrend.
by cryptodailyuk
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
Long
by CRYPTOMOJO_TA
1
ADA/USDT : On the verge of break down ! BINANCE:ADAUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! $ADA is on the verge of closing the first candle below $1 in last 1 year. The last candle closes below $1 was happened on 24th Feb 2021 and now almost after a year; $ADA is again going to have a candle close below $1 ! However there was dipper shadows into $0.9's channel; But the wasn't any candle closes below $1 that's the big deal of bearish bias on $ADA. I would personally rather to wait for a rejection below $0.9 to SHORT the wave into $0.45's support zone. But it's also possible to have a taste after the confirmation below $1... 🔴 Have to mention that the majority into micro time-frame is programmed as a pull-back in $46500's NPOC as final retest; So every break below $0.9 could get invalidated as a deviation. This could be the reason for us to ride our horses much slower into SHORTs for now... Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
15
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.
AShort
by SmoothJB
2