ADAUSDTDaily Time Frame Cardano Analysis
ADA is in a valid swap zone and can move to the specified targets if the bottom of the zone is not missed.
Cardano
Crypto Analysis, Xinyi and ABCL UpdateMost crypto coins are showing good bullish setups which I will use to add to my positions. Xinyi still has room to add to a long position. ABCL stock that I have recommended before is not showing any positive signals so I won't add but at the same time I won't close my position.
Disclaimer: Not a financial advice. Do your own analysis
Ready to Move?Here we go! Things look ready to move relatively soon.
-Volume decreasing linearly, usually the sign that big players have taken their profits and steered price action the way they wanted. Sets up for the next big move.
- Fisher ribbons aligning, can give direction and strength of a move when combined with other tools
-Volatility decreasing, a sign that a relatively large move is coming
- Stochastics pointed in the positive direction with low volatility usually means price action will break that same direction
-FED to cut interest rates in September
Question is, what will we do if it breaks to the downside...
ACCUMULATE,
Seanders
30% Rise Incoming#Cardano has held price above the major VAL and weekly level for a few days. I'm expecting higher prices. The POC 30% away is the target.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Tron Overtakes Cardano: Is This the Beginning of a Bullish Run?The cryptocurrency market has been a rollercoaster in recent times, with various digital assets experiencing significant price fluctuations. In a surprising turn of events, Tron (TRX) has managed to outperform its rival, Cardano (ADA), with a remarkable price surge in the past week. This unexpected development has caught the attention of investors and analysts alike, sparking speculation about TRX's potential for further growth.
One of the most compelling indicators of investor interest is the open interest, which represents the total number of outstanding derivative contracts for a particular asset. In the case of Tron, the open interest has skyrocketed by a staggering 52% in the last 24 hours. This substantial increase suggests a growing appetite for TRX among traders, potentially fueling further price appreciation.
The surge in open interest could be attributed to several factors. Firstly, the recent price rally of TRX has undoubtedly attracted the attention of investors seeking outperforming assets. Secondly, the underlying fundamentals of the Tron network, such as its focus on scalability and decentralized applications (dApps), may be gaining traction among developers and users.
If TRX manages to close a weekly candle above the crucial $0.15 resistance level, it could signal a significant shift in market sentiment and potentially trigger a more extended bullish trend. Breaking through this resistance would indicate strong buying pressure and could pave the way for TRX to challenge higher price levels.
However, it's essential to approach this development with caution. The cryptocurrency market is highly volatile, and past performance is not indicative of future results. While the current trends for TRX appear promising, several factors could impact its price trajectory. These include broader market conditions, regulatory developments, and the overall adoption of blockchain technology.
As with any investment, conducting thorough research and due diligence is crucial before making any decisions. Investors should carefully evaluate the risks and rewards associated with TRX and consider diversifying their portfolios to manage exposure to market volatility.
In conclusion, Tron's recent outperformance of Cardano and the surge in open interest have generated excitement among investors. While the potential for a bullish breakout exists, it's essential to maintain a balanced perspective and consider all factors before making investment decisions. The cryptocurrency market remains unpredictable, and staying informed about market trends and fundamental analysis is vital for navigating its complexities.
ADA will impress you soon
Read detailed explanation step by step for Cardano
Possible Targets and explanation idea
➡️Weekly fib relevant. Now trade in -0.27 zone (accumulation stage on weekly) but didn't touch 0.27 level (0.11 cents) yet
➡️Most negative scenario for ADA drop to 0.11 cents and forming huge divergency on weekly by ADZ indicator (accumulation distribution)
➡️Main signal to Sell was in Sep 2021. So we are almost 2 years in downtrend
➡️Signal to close Short position appear Dec 2022 and We got new signal to Buy based on Trade On indicator
➡️This week got a recommendation close long position so we have an all chances drop to 0.11 cents.
➡️Trade since May 2022 under fundamental price (real value) last yellow line. We always walk from line to line.
➡️Even if we touch 0.11 cents the middle term targets will be Take Profit line (first blue line) Now its a 1.36$ and 0.23 level by FIB
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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ADA underrated now and here is whyBINANCE:ADAUSDT
Cardano now underrated. ✅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.
Thank you.
Possible Targets and explanation idea
➡️ We got global covid dump uptrend line
➡️ On weekly timeframe we formed huge divergency you can see confirmation on ADZ
➡️ Fundamental price line now around Monthly FVG which we should test really soon.
➡️ Impulse to FVG we will see after liquidation local stop losses
➡️ Take Profit line on weekly timeframe around Middle term stop losses
➡️ ADA launched own stable coin, (not sure if its a good idea for ADA for long term) but now its drive the price also
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
ADA (Crypto CARDANO-USD) BUY TF H4 TP = 0.4053On the H4 chart the trend started on Aug. 05 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.4053
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
ADA - Re-Accumulation Zone 22c, LONG SETUPBINANCE:ADAUSDT
ADA is not my favorite alt on the block, but I do think there is a good opportunity approaching in terms of a low risk / high reward trade.
Ada is about to re-enter it's accumulation phase, which is also the local low and where the price often bounces from support.
The technical indicator is also still vey bearish, showing no signs of a turn around just yet:
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(Update) !!! Daily Chart Analysis : Bull or Bear ? (READ)BINANCE:ADAUSDT
The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Cardano Bullishness Like Never Before The chart does not need much explanation: there is a bullish RSI divergence, with ADA’s price holding strong against BTC each time the whole market declines against BTC. This suggests that ADA might already found the deep, similar to the vibes of 2021. The only concern is the lower volume compared to the last cycle.
Fundamentally, the Chang hard fork is coming to Cardano in the coming weeks, which aligns perfectly with the anticipated long term technical analysis.
The Chang hard fork will introduce on-chain governance for the community, along with capabilities such as ZK proofs on the first eUTxO model blockchain in the entire space (as far as I know).
These are very exciting times for Cardano. We will see how it plays out!
Smart ADA Accumulation: Prepare for the Best Opportunity Until 2Starting from the next few months, accumulate as much ADA Cardano as possible and stake it. We are entering the best accumulation phase, which should extend until May 2025. There is still plenty of time to accumulate! In the end, you will have an average price between 0.15 and 0.3 and keep some extra funds for the downturn.
BINANCE:ADAUSDT
CRYPTOCAP:ADA.D
ONLY WAY IS UP - SUNDAEHear me now, the only way is up for SUNDAE. May drop down to the .004cent range but that will be a perfect buying opportunity.
- current market cap is 12million
- current TVL is 14.3million
- Sundae Labs is already familiar with Hydra (which is under construction) but would drastically reduce fees and increase transaction speed
- Governance to come
- Reduced fees for SUNDAE holders to come
SUPER UNDERVALUED. This will likely be a 200million DEX at minimum during the next bull run
ADAUSD - 4hr (Golden Cross)Price action respecting the 4hr moving averages currently. Will need to retest lower after the golden cross. Price action might look something like this for the next week or so.
ADA - weekly is TIGHTThe moving averages are getting tighter and tighter for ADA, which typically leads to big moves. What I'd like to actually see is these get even tighter, so spending another month or two in this .45 - .60 cent region will actually lead to a bigger move long term. PRICE TARGET $1.25-1.75 AUG-NOV timeframe.
What I expect to see is BTC shoot up to 83k in the next couple weeks, then 125k after that. I expect a big blow off top for BTC towards the end of the year. ADA will not keep up in that time frame. After BTC's high, then it will be alt season. Thats when I expect ADA to potentially make new highs, but I am not too optimistic about that this cycle.
If you like to look at other instances of this set up, look at BTC and ETH weekly moving averages back in October of 2023. The majority of the moving averages were within a 7% spread. ADA is currently around 14% spread.
ACCUMULATE ADA - 5daySeems time to accumulate CRYPTO:ADAUSD if you are in the know about Cardano.
- Fisher Transform Indication bands need to align themselves.
- Price will bounce around tightly packed moving averages between .32 cents and .44 cents.
- Price breakout to occur early Aug to early September.
- Volume structure also indicates this breakout.
- Historical volatility also on the decline which also reinforces this breakout period.
ACCUMULATE,
seanders
not financial advise
Ada to $0.3515 or lower...TonightJust following my trade plan, the odds are in my favor.
0.3515-0.3425 Target
Market is still trending down with no
major sign of reversal yet.
Still monitoring though, just in case market wants to wick higher one more time before drop. I see signs of whales selling but not very strong yet. Given we wick up I'll look to exit and reposition with a bit wider stop.
I'll update in the comments my actions throughout the trade as new price action data comes in
Cardano Weekly Analysis: Ready for LONG ? (READ THE CAPTION)By analyzing the #Cardano chart on the daily (logarithmic) time frame, we observe that the price has started to rise as we expected in our previous analysis, hitting the first target at $0.42 and the second target at $0.45! After gathering the necessary liquidity, it began a further correction and is currently trading around $0.368. As you can see, the $0.317 to $0.36 range is an important demand zone, and we need to see if the price will stabilize above this level. If the price stabilizes above this support level, the medium-term targets will be $0.3810, $0.4270, and $0.4570, respectively.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ADA buy📊Analysis by AhmadArz : ADAUSDT
Support and Resistance Levels:
Support Level: The horizontal line at the bottom of the chart around $0.3199 🛡️.
Resistance Level: The horizontal line at the top of the chart around $0.4101 🛡️.
Time Range:
The chart includes price data from approximately June 10th to July 11th 📅.
Entry and Exit Points:
Entry Point: The short horizontal line near the $0.3700 price indicates the entry point for the trade 🚀.
Take Profit (TP) Levels:
TP-1: $0.3700 🥇
TP-2: $0.3863 🥈
TP-3: $0.4037 🥉
Stop Loss: $0.3436 ❌
Expected Price Ranges:
Green Zone: The area where the price is expected to move upwards to reach the take profit levels 📈.
Red Zone: The area indicating where the trade will be stopped out if the price moves down to the stop loss level 📉.
Black Arrows:
The arrows highlight significant price movements and key points that might indicate a trend reversal or continuation 🔄.
This chart suggests that the price of ADA is expected to move within the specified range (green zone) and reach the take profit levels (TP). If the price drops to the stop loss (red zone), the trade will be stopped.
ADA update (Buy Setup)This analysis is an update of the analysis you see in the "Related Ideas" section
The price did not reach the red range of the previous analysis to enter the sell/short position.
If the price reaches the red range again before reaching the green range, we can look for sell/short positions.
Now we have prepared an update for ADA.
A trigger line has been broken and a support zone has formed at the bottom of the chart.
On this range, you can look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ADA/USD Main trendThe main trend (to understand where the price is and what is the general trend). Logarithm. Timeframe 1 month. Price in a secondary downtrend is approaching a mirror support level (marked in yellow, former resistance).
Against the dollar on the monthly timeframe, there is now a large bowl with a handle, which I have displayed on this chart.
Pump/dump news.
Cardano's developers have activated the Vasil hard fork on the testnet. The Vasil hard fork was successfully completed on the Cardano testnet.
Vasil will enable faster block generation and increase the scalability of decentralized applications (DApps) powered by Cardano.
Vasil is expected to launch on the mainnet in about a month.
In other words, if the market allows, then in about 1 month a local pumping (trend reversal) is planned, if the market is sluggish, then Vasil will be canceled for some far-fetched reasons or the event will not be widely advertised.
Remember when the US congressional elections.
The same parameters on the line graph.
Secondary trend. Downlink zone. Timeframe 3 days.
ADA/USD Secondary trend.
Local trading situation Timeframe 1 days.
ADA/USD Local trading situation
ADA 60% Price Increase On The Horizon#Cardano has had lazy price action compared to other layer 1s.
Right now it's still struggling to stay above key support. Once we can trade above the support and maintain it, my target will be the top of the range 60% away.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
