ADA BullADA is one atom away from the bull market. I see a gigantic cup and handle pattern here with a target of 140$. A channel with a target of 30$ in early 2025.Longby badblo0dbg4411
ADA might have some wings and is about ready to fly!Not my fav. Don't think we will ever see the $8... Sorry but i am not sorry. I am adding back in and I think it will go low like bad low BUT I see a sucker rally coming soon!! Targets are mapped out and we could break out. Less than a 1% chance we see a new bear market topLongby PolarbearmanUpdated 112
Cardano - Long Idea - Trade #002 - Test EntryTrade #002 "Wealth gotten by vanity shall be diminished: but he that gathereth by labour shall increase." Proverbs 13:11 (KJV) __________________________________________________________ ADA / USD - CARDANO This is a test entry. I'm gathering data on crypto performance. Entry signals: - Harmonic, bullish butterfly - RSI Divergence in the price reversal zone - Liquidity-based entry - Target 38.2% pattern retrace Stay true, Gio Pasquale "A man's life consisteth not in the abundance of the things which he possesseth."Longby elevatedinvestor5
ADA, DOWNWARD TARJECTORYSpy might be reaching its peak, with a potential $461 area (236 retracement) in sight. Anticipating ADA to maintain its downward trajectory, it's also adhering to these Fibonacci levels from the last run. If history repeats itself and we observe tight liquidity as indicated by the Volume Profile, coupled with aggressive selling, a 50% retracement, or even a 61% retracement, seems plausible. Keeping an eye on these two areas if the upward trend line breaks, which I believe is likely.Shortby SPYDERMARKET2
Any corrective pattern?? Continuation of Bullish MarketHello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering various scenarios that are likely to occur in the market. Although I'm going to share my analysis with you, please note that I won't be providing a buy or sell signal. My goal is to share my unbiased analysis so that you can use it as a guide to make an informed decision. To give you confidence in my analysis, I'll always share my previous analysis from the same market so that you can compare. All the details of my analysis are clearly labeled, making it easy for you to understand. I hope my analysis will be useful to you in your business journey, and I wish you the best. I'm waiting to hear from you. Finally, I'd like to remind you that like-mindedness and support, comments, and likes are the most important pillars of progress, like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely, Longby mehdi47abbasi7914
Cardano chart analysisThe price of Cardano followed the movement of other cryptocurrencies yesterday. This led to a pullback to the 0.500 level from the 0.600 level. We are gaining support and moving above the 0.540 level. After that, the price consolidates slightly, recovering to the 0.570 level. We need a continuation of this consolidation in order to go up and reduce yesterday's losses. Potential higher targets are 0.580 and 0.600 levels. We have additional pressure in the zone around the 0.600 level in the EMA50 moving average. We need a negative consolidation and a drop to the 0.540 support level for a bearish scenario. Slipping below it intensifies the bearish pressure and affects further withdrawal and testing of lower support levels. Potential lower targets are 0.520 and 0.500 levels. by Financebroker4
ADAUSDVolume is still low and rice is still consolidating, but in the mid term.by THE_KLASSIC_TRADER1
Just an idea about cardanoHey all this is my personal view on Cardano (ADA) next move Do you own research before taking any trade. Happy Trading!!Longby MrAlaminH4
ADAUSDT. 02/01/2024The chart breaks out. Now the graph has changed from a downtrend character to an uptrend, making a trade-off. it is not a recommendation for investing or trading it is only an explanation of the steps. MM/RR/SL.Longby Panya88449
ADAUSD - 4:1 Sell SetupSimple scalp trade to the upside. 5 and 15 min are confirming on both timeframes. Be sure to follow me for more free premium signals and setups. Link below to First SelShortby Michael_Harding4
Cardano ADA where we potentially standPlease note that what happened in the past may not necessarily resemble the future. I have however seen some notable similarities from the previous bull run to where we are today. Slight differences are there, but nevertheless more similar than not, as we stand. I’m not a professional analyst and this is a simple amateur take.Longby ndp3606
ADAUSD Up - Weekend.ADAUSD Up - On Weekend. Sharp double bottom leaving spikes behind. Divergence present. Lets hope to get a 5x move up.Longby jforex78Updated 1
ADAUSD: The case for one dollar CardanoThis is an Elliott Wave analysis of the ADA token of the Cardano project. Many supporters of the project hype fantastical prices for the coin in the next year or two. I have heard prices of $1, $10, $11, even $32. What is realistic? The Elliott wave principle provides tools for forecasting, based on the existing price record. The first step is the identification of Elliott waves in the appropriate wave degrees. This shows the existing record from this years market bottom. Accordingly, the coin has completed waves one, two, three, and four of the current advance, and appears to be entering wave five for the final leg of this wave. Of course there is no way to know just how far the fifth wave may grow, but given the large extension of the third wave, it appears within the realm of possibility to reach one US dollar in the foreseeable future. Growth beyond that would require substantial correction in a second wave, before anymore appreciation could be expected.by unbeldiUpdated 181825
Big inflection point for Cardano at 38 cents.Twice in history holding 38 cents has lead to big gains, and now it seems like its establishing a nice base right around this price which is where the bull market support now lands.Iexpect a big rally if we turn 38 cents into support once again. Longby riskit101Updated 9
Weekly EMA's on Cardano.As illustrated by the white arrows the price of Cardano has been rejected by the 20 EMA a multitude of times. It seems we are getting close to a bottom but,until,I see the 100 EMA move under the 200 EMA I'm not ready to say for sure. Ideally, we'd like to see price move above and hold and eventually move above the higher time frames.by riskit101Updated 443
Cardano (ADA) is setting up perfectly for the Bull MarketCardano BINANCE:ADAUSD is setting up perfectly for the Bull Market ADA has been consolidating for the major part of 2023 and has been in a significant downtrend since early 2022. We finally have the signs that the downtrend and consolidation is over and a bullish trend can begin. Technical Analysis: 1) Breaking and re-testing the descending triangle 2) Bullish Volume is entering 3) TraderMagz Flagship Indicator - ATR God has triggered a buy after printing a Sell back in 26th Nov 2021 @$1.38. The last Buy was on the 25th May 2020 @ $0.07 4) Bitcoin halving is in April and we are seeing significant bullish momentum in Bitcoin and other Altcoins 5) TraderMagz - Divergence God has printed multiple divergences, Indicating strong probability that the weakness has ended Fundemental Analysis: 1) Cardano has been building throughout the bear market - with significant milestone accomplishments being achieved 2) Total Value Locked (TVL) in both USD value and ADA tokens has soared over the past year and is accelerating 3) Multiple new protocols are launching every week and there are more on the horizon 4) Midnight Airdrop has been announced and is highly anticipated - more details to follow 5) Cardano is one of the most decentralized blockchains and the technology behind Cardano is rapidly improving. (Mithral, Hydra, on chain governance) Price Targets/ Trade Setup: Entry : between $0.25 and $0.4 - Current price is $0.375 Stop-loss : $0.19 Take profit 1: $1 phycological level Take Profit 2: $3 - Previous all time high Take profit 3: Between $4.5 and $5.5 - $5.22 is the 1.618 fib extension targetLongby TraderMagzUpdated 7722
Ada Vs Usd In Long Position 1.82 target Buy & Sell Setup Ada Vs Usd Buy on Dip 0.4000 target 1.82by indusitstore2
ADA 2018 vs SOL 2023CRYPTOCAP:ADA took a 9x off the bottom and then retraced .618 before going on a mega run, could this be CRYPTOCAP:SOL this cycle?Longby sc00ter262
Ada Vs Usd Buy Level: 0.4000 to 0.4500 Target 0.9000Ada Vs Usd Buy & Target Level Ada Vs Usd Buy Level: 0.4000 to 0.4500 Target 0.9000by indusitstore443
adausd--cardanai think we are in wave C in wave 4 ,which we could get to wavec from now, then we finish wave C we can start wave 5 uptrend.by fxtripsoon1
ADA → Cardano Ready to Rip? Or Dip? Maybe $0.72 before Reversal.Cardano has been on a ride along with the entire crypto market for months and with a bull flag playing out, looks like we're going to get a little more upward price action. Should we long here? How do we trade this? 🤔 We need to wait for a pullback to at least the 30EMA, maybe the 200EMA, whenever we see some bullish price action in response. A strong bull signal bar closing near its high and a confirmation candle are preferable. This gives us the necessary probability to enter a long and place a protective stop below the 200EMA around $0.59. Plan to take half profits at 1:1 Risk/Reward around $0.63, move your stop loss up to the entry price to secure profits, then take profits at the next reversal signal or at 1:3 Risk/Reward around $0.727. We need to be aware that on the higher timeframes, Bitcoin and the crypto market is running hot and we should be on the lookout for a trend change. Either to a trading range and/or a reversal to the downside. We need to close a few more weekly candles to get an indication of the next market moves on the higher timeframes. 💡 Trade Ideas 💡 Long Entry: $0.630 🟥 Stop Loss: $0.599 ✅ Take Profit #1: $0.630 ✅ Take Profit #2: $0.727 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Bull Flag after a Bull Run, Bias to Long. 2. Near Flag Resistance, Wait for a Pullback. 3. Gap to 1HR 30EMA and 200EMA, Wait for Pullback. 4. RSI at 64.00, Above Moving Average. Bias to Long. 5. Take half profits at 1:1, Remainder at 1:3. 💰 Trading Tip 💰 Bull flags in the proper context, provide over a 60% probability that a trend will continue. This provides justification to enter a long trade. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!Longby TraderEngineeringUpdated 9
ADA Price Starts A Bullish Quest To $1Recent Performance: ADA price shows a notable overnight increase of 4.11%, maintaining the momentum with an intraday rise of 3.31%. Bullish Continuation Expected: The ADA price trend signals a potential breakout past the crucial $0.70 mark, with eyes set on reclaiming the $1 level. Weekly Chart Analysis: In the weekly timeframe, ADA marks significant growth, surging 163% in the past 12 weeks. A robust bounce from the $0.25 support level aligns ADA with the 38.20% Fibonacci retracement level at $0.70. Potential Rounding Bottom Formation: The daily chart illustrates a possible rounding bottom pattern, indicating a bullish trend continuation. The neckline of this pattern aligns with the 38.20% Fibonacci level, further hinting at an upcoming breakout. Current Trading Scenario: Trading at $0.648, ADA faces resistance near the $0.70 level. Despite some higher price rejection, the overall trend appears bullish. Technical Indicators Show Positive Signs: EMA: Both 50 and 200 EMAs are trending positively, hinting at a potential golden crossover—a bullish signal for ADA. MACD: A possible bullish crossover on the horizon, as indicated by the recent upward movement and shrinking negative histograms. Bullish Outlook: Should ADA maintain its bullish trend and successfully breach the $0.70 threshold, a rally towards the $1 mark is plausible. Downside Risks: However, a downturn below $0.60 is possible, especially if ADA faces strong rejection at the $0.70 resistance level.Longby Coinpedia-Market-Insight4