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#ADA 1W. Will Trump Boost the Price? 11/25/24Rumor has it that one of the ADA team members is friends with Trump, who has already discussed the integration of cryptocurrency into broader development processes. This could, in turn, influence the price of #ADA. An entry into the position can be considered with 3 limit orders: 15-40% from the current level and 2 more pending orders. Exiting the position will also be done with 3 limit orders. Once the first take profit is hit, I’ll move the stop-loss to the entry point. Wishing everyone profits!
Long
by trendbooster
1
Strong selling Pressure on ADAUSDT. Hi everyone! Daily" ADAUSDT Short Still below 50MA. RSI is in over sold area but there is a strong selling pressure in the market. Also close to local support mentioned on my previous chart, If drop from $1.17 We could see it provably going back to $1 Support ALWAYS look for extra confirmation on any trade "Do not over trade Long or leverage on markets like this". Death Cross also has a lot of pressure at moment. "I still would personally hold on any long positions until we ether confirmation of a new support. Happy trading people (No financial advice) DISCLAIMER The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Short
by CryptoTraderRetired
ADA/USD - Bullish engulfing candle. Can ADA sustain it?The current trend for ADA is bearish as clearly indicated by the lower highs and lower lows, however, we have reached a key support area around $2. A bounce followed, nothing unexpected so far. Also see my last ADA idea linked below. What can happen next is ADA could continue to pump to our resistance at $2.3, however I find it highly unlikely for ADA to pass that level higher since on the weekly timeframe we are quite bearish and this correction may be missing the C leg in an ABC correction as indicated on the chart. I'd not recommend entering into ADA now if you missed buying our support line, hence, what you should wait for is a possible short around our resistance anticipating the drop on leg C. The risk reward there is good, buying now in the middle point between support and resistance is a poor entry. Indicators also favor a nice bounce and rally in the short term, but then I expect a reversal and bears will come out to short ADA again. We can re-assess once we reach resistance. Like and follow if you liked this idea!
Long
by DU09
2
ADA Analysis 19-09-2021 by TheSocialCryptoClubGood evening, Today we propose this analysis on ADA. The price came into a compression zone at the main PoC, below the dynamic resistance. Short scenario: In case this resistance holds, we can see a strong volumetric gap created by the rally of the previous weeks, which could cause the price to collapse to the 2.08 - 2.16 area. In this area is visible from the volumes, a very strong support that has also held the minimum of 07/09, spike excluded. The support is also confirmed by the 0.618 level on CryptoFall. Long scenario: On the opposite, if this dynamic resistance would be broken, we can assume an increase in volumes with a consequent rise in price towards the upper resistances, the first in the 2.50 - 2.59 area, and the second in the 2.70 - 2.75 area. Resistances confirmed both by volumes and by the coincidence of CryptoFall respectively on the levels 0.382 for the first and 0.236 for the second. Thanks for your attention and happy to support the TradingView community.
by TheSocialCryptoClub
9
ADA futureI am expecting ADA to be in a short term bearish market and to reach the 1.5 area in the next few days. That would be a good buy zone for all of those who are waiting to get in the market. There must be another pull back to that zone. I think ADA and the rest of the altcoins are starting to show some bulliness that will allow us to make some good profit in the long run. I would say to do not rush into the market yet, the bull run recovery is going to be slow and full of farming opportunities. I would say we are in a optimist phase of the market.
by michael772
ADA/USDT Update: Cardano Africa Special 5 million new usersThe Cardano special took place the 29th of April. We got introduced to the newest projects where 5Million Ethopian students use the Cardano Blockchain with another option for 20 million users if it succeeds. The price of ADA didn't care about this at all. So we expect further sideways trading as suggested as well by the RSI. We found support from the Fib over various values which indicates the demand is here. We all still wait for the launch of smart contracts. Once this gets announced we expect Cardano to blast off. The current date for that is August. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55