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Cadano

ADAUSDT |Wave Projection|Ending Diagonal Downtrend Target -30%+Price action and chart pattern trading medium term setup > A possible sideway downtrend ending diagonal pattern with a falling flag channel 5 wave > Now, the price reached the T1 target at 1.618 fibo extension of 1-wave downtrend > The candlestick pattern is consolidating at the lower support level could be 3-wave and getting ready for 4-wave uptrend rebound > Indicator: RSI already oversold and breakout MA line, expecting an upcoming BULLISH DIVERGENCE for 5-wave downtrend. > The next target downtrend is at 2.272-2.618 fibo extension zone - a 30%+ further downside > Recommendation: Close short position once RSI and MACD showing bullish divergence signal. Always trade with affordable risk and respect your stoploss, nothing is 100%.
Short
by dukeposh
1
ADAUSDT | Wave Projection | Bullish Divergence Apex TrianglePrice action and chart pattern trading > Wave Pattern: Apex Triangle breakout with bullish divergence in daily timeframe - possible major uptrend rebound. > Entry @ Apex breakout - key resistance SMA50 > Target @ 4-wave - upside +40% and TP2 @ SMA200 +80% > Stoploss @ 5-wave lowest position -15% > Risk Reward Ratio: 3:1 Indicator: RSI strong bullish divergence signal Always trade with affordable risk and respect your stoploss
Long
by dukeposh
Cardano 1D ADA ForecastGood day ladies and gentleman ,today we give an update on our last ADA forecast and what the charts are telling us. Like most of these cryptocurrencies in May Cardano broke its 2018 ATH and set a new ATH of $2.38 in 2021 May and it retraced to its previous ATH at $1.10 and in by the end of August 2021 it created a new ATH of $3 and ever since then its been on a major down trend and its currently trading on major support of $1.20 which was ATH resistance in 2018 therefore we view this as major support. To see an increase in the price of ADA it has to hold support at $1.20 then continue to climb up with the up trending liness and break through the $1.50 resistance before the price goes ape and follows the BLUE path arrow to hit our asset target of $5-6 Cardano. News about a Cardano and TRON lawsuit are looming since they are being delisted on a certain exchange by the end of this year and the SEC may be going for them which may cause some issues with the price as it did with the XRP lawsuit therefore if this does happen sooner then we expect and ADA break the $1.20 support we might see a retest to confirm the downtrend and if so we might be look into new lows for ADA following the RED arrow path. But the lawsuit never stop XRP from thriving although the price might still be suppressed investors who where in before the lawsuit made profit regardless...so we doen see this stop Cardanos great network and technology and the charts still confirms the we are still in a bullrun atleast one more leg up for ADA.
KRAKEN:ADAUSDLong
by LucrativeMomentum
10
ADA really over or what? could it will go up or down from here!!TECHNIAL ANALYSIS: #ADAUSDT (DAILY UPDATE) Price can be seen forming a falling wedge pattern and approaching a support zone starting from $1.94 to $1.80 Which create a demand Zone. Currently we can see 21 and 50 Daily MA's acting as strong resistances aligning very well with the trendline resistance of the falling wedge which is not a very good sign. A bullish scenario for the price could be flipping the resistance zone starting from $2.150 to $2.320 and holding above it before moving upwards to the next resistance at around the $2.67 level where the ATH resistance also starts. We've to wait for price for a clear move wheather downwards or upwards as currently it is not in a very good state. It still has a strong resistance zone to break through for a bullish scenario. Take Profits, TP1= @ 2.476 TP2= @ 3.042 TP3= @ 4.795 TP4= @ 3.278 TP5= @ 7.175 next to the moon lol SL=close BELOW 0.80 usdt on daily bases. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #ADACOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
by Bitking786
ADA forecastCardanos ATH of $1.30 in the bullrun of 2018 was broken very early this year and ever seen then ADA has been setting new HHs and new LL and new patterns showing us where we are in the bullrun. Take a look at the pattern it formed from May 2021 to June 2021 before it broke out +180% to set a new ATH of $3 in August 2021 and its been forming a similar pattern again since it set a new ATH in August which looks a bit bigger on the chart and if it also shoots +180% it will set a new ATH of $4.80-$5
KRAKEN:ADAUSDLong
by LucrativeMomentum
2
ADA/USD - Back into the descending channel, WHAT? 😭This week, Cardano fell below $2.1 and found support on the $1.9 level. This places ADA back into the descending channel and within the larger price range of $1.9 and $2.4. This drop also made ADA’s indicators bearish on the daily timeframe. Therefore, bulls need to wake up if there is hope to bring the uptrend again. Overall, ADA performed poorly this week with a 6.6% drop. The bulls did show appetite to buy ADA at the new support, which so far has held well. If this is sustained in the new week, perhaps the bulls can push the price above the descending channel again and attempt a new try to break the resistance at $2.4. That seems a bit far away, but a week in crypto is a lot of time for the price to move. Like and follow if you liked my idea!
Long
by DU09
3
CARDANO - Bulls Making A Comeback - ADAUSDTIn our last analysis, we were anticipating a breakout for Cardano from the descending correction. We mentioned to watch for buying pressure near the 200EMA, Major Trendline & previous structure. We got a really big push up which broke the descending correction confirming that bulls are back in this. A few important things to keep an eye on for Cardano is the 1.85 level where we have previous structure that lead to a 40% drop. Once we clear 1.85, we can possibly hit new highs! We are currently in what looks to be a bullish correction. For a risk entry, we will be watching the 1.600 level to break to take this higher.
by Altsignals
1