ADABTC 55% ShortI am not sure that trend line will hold
Anyway we could see that after 1-2 new monthly candles
Short target is Yellow brick
Cardano
ADAUSDTI have specified buying points in two stages for holders Additionally I’ve marked points where after a breakout the price could potentially move toward
Cardano’s path may be uncertain but the opportunities are real
Remember nothing is 100% certain.
$ADA Cardano trend based fib extension price targets to watchThese are potential price targets based on trend based Fibonacci extension levels. The three points used are the bottom of the prior bear market, the peak of the last bull run, and the bottom of the following bear market.
The first target has already been hit. It remains to be seen where there will consolidation or another breakout to push toward the next level.
ADA: Planting Seeds of Opportunity Hello Team,
Cryptocurrencies have been in a sustained bear market. Altcoins such as ADA are down almost 92%.
Looking at ADA (Cardano) you can see we are forming a falling bullish wedge indicating a possible break out in the horizon.
For long-term investors that believe in the future of cryptocurrencies now would be a good time to start planting some small seeds as most cryptocurrencies are down a significant amount.
Cardano (ADA) - Bull Flag TargetFrom a technical perspective, ADA price action has led to the formation of a bull flag pattern in the four-hour timeframe, as shown in the chart
A bull flag is a bullish indicator that forms after the price consolidates inside a down-sloping range following a sharp price rising upwards.
Bull flags typically resolve after the price breaks above the upper trendline and rise by as much as the previous uptrend's height. This puts the upper target for ADA price at $1.11 - levels last seen in April 2022.
ADA's daily relative strength index is also still in the neutral zone at 59. This suggests that the chances of a major pullback are relatively low.
🌟Key Levels:
🚩$0.546= Flag Pole
🟢$0.703= Line of Support
🔴Line of Resistance= $0.767
🎯Target= $1.11
CARDANO 1D Golden Cross pushing for Resistance breakout to $1.40Last time we looked at Cardano (ADAUSD) was on September 24 (see chart below), when we called for the strongest buy signal in a year:
It couldn't have been more timely as we went from a 0.3690 price to 0.8200, a +120% rise. This High is also testing the March 14 2024 High, currently Resistance 2. The market just formed a 1D Golden Cross and last time it had one was exactly 1 year ago (November 18 2023). Soon after Resistance 2 broke and the price reached a little above the 2.0 Fibonacci extension. Even the 1D RSI is on a similar fractal.
As a result, once ADA closes a 1D candle above Resistance 2, we will target $1.400 (Fibonacci 2.0 extension).
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ADA USDT thesis with RAG AI by Titan_KarmaAs we assess the current market conditions for ADA, the price is currently at $0.763, with a significant trading volume of approximately 233.98 million. The long-short ratio of 4.0075 indicates a strong bullish sentiment among traders, suggesting that the majority are favoring long positions. Given this bullish sentiment, it may be an opportune time to consider holding existing long positions while monitoring key support levels. The last open long price of $0.7612 provides a solid reference point for potential profit-taking strategies.
In terms of technical analysis, the daily chart shows an RSI of 80.12, indicating overbought conditions, while the hourly chart presents a more moderate RSI of 61.33. This divergence suggests that while the daily trend remains bullish, there may be a short-term pullback or consolidation phase. It is advisable to watch for price action around support levels, particularly the pivot at $0.7489 and support at $0.7139, before making any new entries.
coinglass_data: Real-time data from Coinglass indicates that the open interest is currently stable, with a weighted funding rate suggesting a slight bullish bias. Liquidation levels are also being monitored closely, as any significant shifts could impact market dynamics.
binance_data: According to Binance data, the order book shows a healthy depth with significant buy walls at $0.7600, indicating strong support. The volatility index remains moderate, suggesting that while there is potential for movement, it is not excessively volatile at this time.
coinmarketcap_data: CoinMarketCap reports a market cap of ADA at approximately $25 billion, with a circulating supply of 32 billion ADA. The liquidity score remains high, indicating that the market is conducive for trading.
sentiment: Current market sentiment analysis from Augmento.ai shows a predominantly positive outlook for ADA, with many traders expressing confidence in the asset's short-term performance.
cryptocompare_data: CryptoCompare's latest news sentiment indicates a neutral to positive sentiment across social media platforms, with no major negative news impacting ADA at this time.
Technical Analysis: The technical indicators suggest a cautious approach. The RSI on the daily chart is above 80, indicating potential overbought conditions, while the hourly RSI is at 61.33, still bullish but showing signs of potential consolidation. The MACD is also trending positively, supporting the bullish outlook.
Given the current market conditions and the correlated trends with Bitcoin, which is also showing bullish momentum, the confidence level for maintaining long positions is high.
TRADE RECOMMENDATION
json { "OUTCOME": "HOLD_BUY", "STOP_LOSS": "$0.7489", "TAKE_PROFIT": "$0.7800", "CONFIDENCE_LEVEL": "85%", "EXIT_POINT": "$0.7700", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 1, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
ADA Cardano: The Time to Act is Now!We’re targeting $1.57 to $2, and the goal is clear: ADA is ready to take off, backed by solid fundamentals and strong signals of an impending major move. Telegram, Reddit, and Discord groups are already organizing for the next big pump, and this is your chance to get in before the price skyrockets.
Why is ADA poised to explode?
Rising Institutional Adoption
Charles Hoskinson, Cardano’s founder, is spearheading a strategic initiative to engage directly with governments and regulators. This paves the way for a multi-billion-dollar institutional market, positioning Cardano as a top choice for companies and governments seeking compliant blockchain solutions.
Global Adoption in Emerging Markets
Cardano is already making a difference with impactful social and commercial projects in Argentina and Africa, building real-world use cases that create a strong foundation for mass adoption. This growing demand inevitably drives up interest in ADA worldwide.
Low Market Cap with Explosive Potential
With a relatively low market cap, ADA is perfectly positioned for a breakout. High-impact projects like Cardano tend to attract investors rapidly, and the next big pump could easily push ADA beyond $2 in a short period.
Don’t miss out:
The time is now. Get in before institutional adoption and global demand push ADA to new heights. This could be your best chance to ride the wave before the next major breakout. 🌟
⏰ Be ready – ADA is about to soar. Don’t miss this opportunity! 🚀 COINBASE:BTCUSD COINBASE:ETHUSD BINANCE:BTCUSD
Cardano (ADA) in Rising Wedge, Approaching Resistancehello guys.
Rising Wedge Pattern: Cardano is currently forming a rising wedge, a pattern that often suggests a potential bearish reversal after an uptrend.
Resistance Levels: Key resistance at 0.7021, where price may face selling pressure if approached.
Support Zones: Immediate support at the lower boundary of the wedge. A breakdown here could signal a pullback toward the lower range around 0.6039 or deeper, to the 0.5193 support level.
Potential Scenarios: If ADA breaks above resistance, it could attempt a further rally toward 0.7800. A rejection, however, may initiate a downside move within or below the wedge pattern.
Next Steps: Monitor the price action at key resistance and support levels for breakout or breakdown signals, with a focus on volume for confirmation.
ADA Surges After Hoskinson Confirms Partnership with TrumpCharles Hoskinson, the founder of Cardano, is now set to join Trump team, and the market is responding with enthusiasm. Charles Hoskinson, the visionary founder of Cardano, is officially stepping into a pivotal role within Trump administration, fueling excitement across the crypto market. This groundbreaking partnership is being hailed as a game-changer, positioning Cardano at the forefront of regulatory innovation and blockchain adoption in the United States.
The market is already reacting, with ADA surging as confidence grows in its potential to secure mainstream adoption and institutional backing. Analysts are speculating that this bold move could propel ADA well beyond its previous highs, potentially setting the stage for it to reach unprecedented levels in this market cycle. Could $22 be within reach? The momentum suggests it’s entirely possible.
BINANCE:BTCUSD COINBASE:BTCUSD COINBASE:ETHUSD
Cardano: In Wave [v]From the low of the orange wave on November 4 to the peak of the subsequent orange wave last Sunday, ADA surged by more than 100%. The brief pullback in the orange wave was caught by our now grayed-out Target Zone. Currently, the orange wave should be underway, potentially pushing the price well beyond the $0.65 resistance level. However, there remains a 33% chance for a bearish short-term alternative scenario. In this case, an imminent sell-off into our green Target Zone between $0.44 and $0.35 would occur. This would imply that ADA completed its orange five-wave upward structure at the $0.65 resistance and has already entered the subsequent corrective green wave alt.2.
ADA EOY targetsHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
The chart explains it all pretty much..
From my own TA perspective, it seems that BINANCE:ADAUSDT could be
at around 0.60 - 0.80 cents EOY and potentially even the 1 dollar mark.
What about downside? Well if Bitcoin takes a massive dump
then ADA could hit the 0.25 - 0.31 zone (i find it unlikely)
Even though I'm clearly more bullish than bearish
I still ALWAYS consider downside while being it.
Just an idea, BOOST if you like it and follow for more!
NFA DYOR <<<<------
ADA 50-150 Bullish SMA Cross ImpendingCardano is about to experience a weekly 50-150 simple moving average cross. This is coming off the back of a strong week for the alt coin. The RSI is 60 at time of publishing. The token has corrected so far to the .236. Anything close to the 50 sma is a good buy for longs in my opinion.
Targets are market with green horizontal lines and are fib extensions from the previous high swing low.
Not financial advice. Do your own DD.
Thanks for viewing the idea.
Cardano (ADA) - Pullback Expected!Cardano (ADA) has managed to breakout out from a key resistance level of: =$0.40 and has been on parabolic run since with +100% gains from a single weekly candle. Bulls momentum will be exhaused from this buying presure. Expect the bears to create a healty pullback back down to the following:
"NEW" Support Zone= $0.54
If a weekly candle can close between: $0.54 - $0.59, then ADA will retest $0.65 again.
ADA is still forming higher lows on the chart with trend lines which is bullish also for long term!
🌟Target= $0.90🎯
‼️DISCLAIMER PLEASE READ CAREFULLY‼️
*(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS THAT YOU MAY MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSE MONEY, IF NOT ALL.)
(CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION. SEEK PROFESSIONAL ADVICE FROM A CERTIFIED FINANCIAL ADVISOR.)
When to enter?Best price to enter long on CARDANO (should it reach it) is $0.4684. Analyze when price reaches there.
Momentum Rating Update - ADA/USDTOur Bullfinder AI Tech has identified a potential opportunity within Cardano ( BINANCE:ADAUSDT ) as potentially bullish above $0.5870.
Upon reviewing latest developments, our founding Team have identified $0.4860 as an important price point to monitor. If price moves below this price point, bearish continuation risk may increase substantially.
(Please note - This page has experienced a name-change from RiskMastery to Bullfinder-ai)
We look forward to bringing you more great content within our publications, and thank you for being here with us!
Love & Wisdom,
Team at Bullfinder AI
Be ready for CARDANO!It's ready to pump! If cross and closed above $0.8104, targets are: $1.2630 and $1.7793.
#ADA Breaks Through Key Resistance: Is a Major Rally Ahead?Yello, Paradisers! Could this be the moment #Cardano finally takes off, or are we facing another potential setback? Let's discuss the latest #ADA analysis:
💎After breaking through the descending resistance of its falling wedge pattern, #ADAUSDT is showing promising bullish momentum. But before we get too excited, let’s dive into the crucial levels and scenarios to determine the next probable move.
💎Currently, #Cardano is approaching the demand zone around $0.313, a vital support level that could spark a new leg up. If CRYPTOCAP:ADA rallies from here and breaks the $0.417 resistance level, we might witness a notable shift in market structure, potentially propelling the price toward higher resistance targets.
💎If CRYPTOCAP:ADA fails to hold this demand zone, it could slip down to test the critical support between $0.274-$0.290. This range, aligning with a previous low, acts as a crucial price floor. For the bullish outlook to stay intact, CRYPTOCAP:ADA must reclaim the $0.313 level with strength. Any sustained move below this level could indicate a breakdown.
💎On the other hand, if a daily close occurs under the $0.274 support, the bullish case would be invalidated, putting CRYPTOCAP:ADA at risk of setting a new lower low. Such a scenario would significantly increase the likelihood of further declines.
Always aim for precision and keep a close eye on the critical zones to maximize your trading edge.
MyCryptoParadise
iFeel the success🌴
Cardano Founder A Potential Crypto Advisor to TrumpThe cryptocurrency world is buzzing with speculation about the potential appointment of Cardano founder Charles Hoskinson as a crypto advisor to the next US administration in 2025. This news has sparked excitement among ADA holders and crypto enthusiasts alike, with many wondering if this could trigger a significant bull run for the Cardano token (ADA).
Hoskinson's Background and Vision
Charles Hoskinson, a prominent figure in the crypto space, is known for his co-founding role in Ethereum and his subsequent creation of Cardano. He is a vocal advocate for blockchain technology and its potential to revolutionize various industries. Hoskinson's vision for Cardano is to create a sustainable and scalable blockchain platform that can support a wide range of decentralized applications (dApps).
Potential Impact on Cardano (ADA)
If Hoskinson were to become a crypto advisor to the next US administration, it could have a significant impact on the cryptocurrency market, particularly for Cardano. Here are some potential scenarios:
• Increased Regulatory Clarity: Hoskinson's influence could lead to more favorable cryptocurrency regulations in the US. Clearer regulations would reduce uncertainty and attract more institutional investors to the market, potentially boosting the price of ADA.
• Enhanced Adoption of Cardano: Hoskinson's position could help accelerate the adoption of Cardano's blockchain technology. Governments and businesses may be more inclined to explore the potential of Cardano for various use cases, such as supply chain management, voting systems, and financial services. This increased adoption could drive demand for ADA and push its price higher.
• Positive Sentiment and Market Momentum: Hoskinson's appointment would likely generate positive sentiment and excitement around Cardano. This could lead to a surge in buying pressure, driving the price of ADA upwards. Additionally, it could attract new investors to the Cardano ecosystem, further fueling the price rally.
ADA Price Prediction: Could It Reach $5?
While it's difficult to predict the exact price of ADA, the potential positive impact of Hoskinson's appointment could certainly contribute to a significant price increase. However, reaching $5 would require a combination of favorable factors, including:
• Continued Development and Innovation: Cardano's team needs to deliver on its development roadmap and introduce innovative features to attract developers and users.
• Positive Market Sentiment: A sustained bullish market sentiment for cryptocurrencies would be beneficial for ADA's price.
• Increased Institutional Adoption: Growing interest from institutional investors would provide significant support for the price of ADA.
It's important to note that price predictions are speculative and subject to market volatility. While Hoskinson's appointment could be a major catalyst for ADA, other factors such as broader market trends, regulatory developments, and technical analysis will also play a crucial role in determining the price of ADA.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
Doggy Style- I mostly use some specific projects to try to predict the next " Altcoin Rally ".
- I typically use Cardano or Doge because they are older and I can use indicators from earlier times.
- Yes doge is meme, but all altcoins are also Memes until they have a real use case right ?
- so you remember this BTC post i made in 2022 ? ( please check it )
- So this is almost exactly the same but with this graph i use :
- Tenkansen ( Yellow line )
- SenkouSpan ( Green line )
- so now check the compressing descending trend.
- check now both lines ( Yellow and Green ).
- Notice when the yellow line cross down the green, we go bear.
- Notice when the yellow cross up the green, we go bull.
- So what we can deduct? - Altcoins are not yet Bullish.
- But remember Altcoins will go parabolic at one point and you want to be there!
- When? - anyone knows the exact date but you need to understand " The Delay ".
- i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish.
Happy Tr4Ding !
Important volume profile section: 0.5941
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
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(ADAUSDT.P 1M chart)
Important volume profile section is formed in the 0.4346-0.5941 section.
Accordingly, the key is whether it can receive support and rise near 0.5941.
-
(1W chart)
Currently, the BW(100) point is formed at the 0.6818 point, so the point to watch is whether it can rise above 0.6818.
To do this, we need to see if it can be supported near 0.5941
1st: 0.6206
2nd: 0.6818
and rise to the 1st and 2nd ranges above.
Since the HA-HIgh indicator and the BW(100) indicator indicate the high point range, if it breaks through this indicator upward and receives support, it is highly likely to renew the high point.
If it fails to rise, it may fall until it meets the HA-Low indicator or the BW(0) indicator, so we need to think about a countermeasure for this.
-
(1D chart)
If it is supported near 0.6818 and rises, you should set the target point at around 0.9242 and think about a countermeasure for it.
If it falls below 0.5941, you need to check if the BW(100) line is created.
If the BW(100) line is created, it is likely to lead to an additional decline, so you need to think about a countermeasure for it.
For now, if it falls below 0.5693, I think there could be a sharp decline, so you need to prepare a countermeasure for it.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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ADA Long back to +42cWe should've been in earlier and don't really like the weakness present at this breakout attempt. So much caution and small positions.
Having said this, we like the perfect backtest of 33c after a shift in momentum with the higher lows, now we can use the 33c as an invalidation point to our argument and change in trend.
We played this trade to the downside and waited for a long time to a structure like this to develop. Even if the SL hits we will be very focused for the next few weeks as the bottom does appear to be in and many opportunities could arise.
