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ADA's last stop before 10 USDT valuationHere's why I believe this might be your last chance of getting into ADAUSDT early, if you haven't done so already. The last time ADAUSDT broke through this channel was back in early-january of 2021. It has been a very strong support ever since, which is why I believe it is highly likely we will hold this support and have a breakout to the upside soon. I have also identified this descending wedge pattern, which may be another indication of something bullish to come. What are your thoughts?
Long
by kordate
1
ADA is primeADA had a pretty drawdown following the BTC flash crush. This has created new great opportunities. I entered this baby on the daily 50 MA support at 2.34. However, I didn't share this trade as it was a high risk. Now ADA is hovering at 2.62 after a strong reaction yesterday which brought it to 2.81 at the peak. ADA is bullish right now. Why? - strong bullish engulfing - Reaction of the previous resistance (reclaimed) turned support (old ATH) - High volume on the engulfing - great fundamental Now the first resistance to break is the diagonal trendline. A good entry will be on the breakout of the resistance or the retest. Entering now is too risky as there is not a clear direction yet. My stop loss is set at 2.40 below the strong support. I see ADA break out on the next day or 2 and walk its way up to 3.1. The final target is 4.13 for this trade, with partial profit-taking on the way up. However, I believe ADA will reach $19 in this bull cycle if BTC reaches my target of 185k. So enjoy the ride
BINANCE:ADAUSDLong
by CFcryptoTA
4
ADAUSDT BROADENING TRIANGLE - $3.8 NEXTAdausdt price movement has been intense since the btc surge from 29k and ada is also a major coin that has reached its ($2.55) since btc dump from its ATH(65k). Ada could make a new ath($3.8) from its current position since bitcoin is yet to reach the final. Wait for breakout of the key resistance level before taking a long position. Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
Long
by Pearl-A
1
ADA/USDTAlways read/ check for update comments as I might change (no Obama) something in the idea. We broke out of a consolidation phase, had a backtest, and broke resistance. The question now is, can we hold support? I am accumulating a short position within the rectangle "building a short position in this rectangle" and attempt to build a leverage position. ADA is currently pure hype and doesn't offer a helpful case as there are superior blockchains(no doubt Charles Hoskinson will pave the way to success, but it's too soon). The BB widens, which means we might continue higher, ranging between the middle and upper bands. There is also the possibility that the BB gap is overextended. Seeing the BB%B (blue highlight) time frame shows us when the BB has widened and corrected. Looking at the MACD, we can potentially identify wealth cycles. The blue highlighted areas suggest a change in trend where a bearish cross occurred. Also, the MACD shows a potential cross in the future. Lastly, we are placing bids in a plausible dead cat bounce zone for a long. I hope you all have a great morning. Please, leave a follow and a like, if you enjoy this analysis check out my other content. Best wishes, HONEYITSGONE! Now that the vital info is over with let me hit you with some facts. Firstly, who even buys ADA, I have been involved with crypto for a few years now, and I don't know anyone who purchases it. Secondly, did they find someone who wants to build on their network yet? lastly, how is the market cap larger than BNB?
Short
by HONEYITSGONE
10
200% ready for ADA ... $4 ADA straightway after correction 🚀 Till now $1 is seems to be holding well for ADA after testing it many times. Most likely we gonna see a pullback from a double top resistance. Look at the channel on the chart, u will get that we r in a bullish uptrend. An estimated pullback from $2.40 to $1.40 between within June. ( about 45% down) On short-term n Mid-term we r bullish. If we moved as expected on the chart, it will good indicator to make lower lows after the pullback After we gonna break $2.40 resistance we will see $4 straightway. I think we gonna break the $2.40 resistance after the third trial. If u r holding now don't sell n wait to add more at $1.40 region. DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !! Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by BTC-fire
8
+630% on 45 mins !!! that's why ADA will reach 10$ 🚀🚀ADA REACHED 23 CENTS !! 19 MAY the price was +2$ n went to 23 cents on the same day !! I'm pretty sure this the most coin whales agreed to short it. what we can observe from that:- 1- huge whales shorted from 2$ then closed their short positions n finally they bought tons of ADA. 2- ADA made +630% in minutes cuz they bought a lot. 3- spikes went up after going down cuz they bought first to close their shorting positions. what we can conclude from that:- 1- this is extraordinary cuz that didn't happen even with BTC. 2- when ADA go up from 23 cents then 1.80 again in minutes this mean that whales believe in Cardano n they loaded thousands of bags. 3- a bullish term indicator for the whole market, they know that Cardano wont go less than 1$ again. Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by BTC-fire
7
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 $2. -Rakesh Upadhyay overview on ADA/USDT ! 🔺 Have to mention again that BTC can have a correction in low TF so don't manage your risks ! It's highly recommended to limit your total engaged portfolio lower than 30%. Hope you enjoyed our analysis about ADA's possible growth🙌 You can support us with your likes. Also you can share your opinion with us in comments 😉🙋🏼‍♂️ Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
18
ADAUSDT - Ready to fall to 0.40 USD or hike to 2.25$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.
BINANCE:ADAUSD
by crazystupidcrypto
2