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ADABEARUSD trade ideas

Cardano's ($ADA) Prolific Bullish TrendThe local trend on Cardano's chart is bullish, a trend that seems logical given the positive dynamics of BTC. Currently, ADA is trading between the support zone of $0.2730-$0.2770 and the resistance of $0.2920-$0.2970. The priority for ADA is to continue this upward movement. Above the current resistance zone, the range of $0.302-$0.308 becomes the next target for buyers. Future highs are expected to be updated as Bitcoin continues its growth. In the event of a correction, the ADA price may test the support levels at $0.265 and within the range of $0.255-$0.260. All these marks are within the upward trend, which is expected to resume after such a correction.
BINANCE:ADAUSDLong
by DEXWireNews
Can ADA rise to the Next Stop of $0.35?Market Context: Cardano (ADA) is experiencing a bullish breakout amid a broader crypto market rally, with Bitcoin at $34K. Current Status: ADA is trading at $0.294, with an intraday rise of 1.73%. Resistance Level: The $0.30 mark is a significant resistance level for ADA. Technical Indicators - MACD: The MACD and signal lines are bullish, and rising histograms indicate increased buying pressure. Technical Indicators - EMA: The 50-day EMA is rising, and a golden crossover with the 200-day EMA is possible. Recent Performance: ADA has broken out of a symmetrical triangle pattern, exceeding the 50-day EMA. Price Jump: The breakout rally has led to a 20% price jump in the last ten days. Potential Targets: If ADA crosses the $0.30 mark, it could aim for $0.35. Downside Risk: A reversal from $0.30 could lead to a retest of the $0.26 level. Market Sentiment: Overall sentiment is bullish, especially if ADA sustains its current momentum. Long-Term Trend: ADA has reversed a long-term downtrend, starting from the $0.23 mark. Long-Term Outlook: Cardano price predictions are optimistic, given the improving market conditions.
BINANCE:ADAUSD
by Coinpedia-Market-Insight
ADA is underrated nowBINANCE:ADAUSDT ✅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 ➡️Now we are in 0.27 Zone by Fib since April ➡️Target for this correction is 0.618 level on fib ➡️Perfect signal to buy on TradeON indicator ➡️Signal on Direction indicator. (big investors came in to Cardano) ➡️After 0.618 we will test above downtrend global line since May 2021 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"!
COINBASE:ADAUSDLong
by Crypto4light
3
Cardano's Comeback PlanHere is my view on Cardano over the next couple years. The white line portrays the general path I expect ADA to take to new highs, which will be kickstarted by bitcoin's halving estimated to be in April 2024. Price deviations above the yellow/medium or red/high risk bands could suggest profit taking. Additionally, in Cardano's last crypto winter, it was optimal to purchase when the weekly RSI was in the mid 30's range, which we have just entered, at around this time of the cycle. When considering the next peak, the time lapses from the prior highs provides a decent range of when we could expect it. I have opened my first position at $0.026
KRAKEN:ADAUSD
by The_Bitcoin_Boy
18
ADAUSD: Thoughts and AnalysisToday's focus: ADAUSD Pattern – Breakout/Support test (Bearish) Support – .2375 Resistance – .2490 - .2640 Hi, and thanks for checking out today's update. Today, we are looking at the ADAUSD on the daily chart. ADA is a market I watch regularly, and currently, we are seeing a few interesting things, pattern and support-wise, that we have broken down in today's video. The two keys, long-term support, seen at .2375 and an ending diagonal pattern that continues to remain in play. I have discussed three main cases in today's analysis of ADA; two are bullish, and the third is a bearish continuation of the long-term trend. It will be interesting if we see a lower break over the next few days, as that will play into a case as long as it holds at the ending diagonal trendline. What do you think? Do you agree with the patterns and levels we have discussed?
EIGHTCAP:ADAUSD
by Eightcap
Will ADA price give a bullish breakout to reach $0.35?Triangle Pattern: ADA price action is confined within a symmetrical triangle pattern on the daily chart. Support Trendline: Buyers are struggling to maintain momentum but have established a support trendline. Target Price: ADA could reach $0.30 upon a triangle breakout. 2023 Peak: ADA faced a sharp fall from its 2023 peak of $0.462 in April. Bearish Pressure: The asset is under extreme bearish pressure but is holding above $0.20. Market Sentiment: Overall market conditions suggest a strong comeback for bulls. Resistance Trendline: ADA faces a prominent resistance trendline in its price chart. Current Price: ADA is trading at $0.26, near the support trendline. Technical Indicators: MACD shows declining bearish histograms, while the 50-day EMA acts as dynamic resistance. Potential Comeback: MACD and signal lines are moving sideways, hinting at a potential bullish crossover. Optimistic Scenario: A breakout above the trendline could see ADA reaching $0.356. Pessimistic Scenario: A fall below $0.25 could test the $0.24 support level.
BINANCE:ADAUSDLong
by Coinpedia-Market-Insight
2
Cardano fibonacci retracement buyThis is the fibonacci retracement of the most recent bullish move and right now we are at the 236 level, which is the best place statistically to buy and expect a continuation of the bullish move if there will be one. Initial target 29 cents there at the 1.618 if we do get bullish continuation. Low risk, high reward. Ps: note some people draw fibonacci the other way around, so for others it wont be 236 fib but the 786 or w/e, basically the last fibonacci below which i would no longer consider this bullish.
BINANCE:ADAUSDLong
by TheChartWhisperer
ADA Cardano Support & R ZOOMED IN 3 HRBoys and girls and reptile people. S & R on the 3 Hr. I like 3 & not 4. I change my mind fast and react to situations very quickly like I do on the ice as a goalie(Fighting Sioux Forever). Is this a bottom? We will know soon. I see a lot on this time frame here. I wish the best for this project and have heard many people here in Wyoming talk about ADA. Maybe they didn't know much but they are long term investors and the work on this project has not stopped. Let's see this bottom! I'm a guy that is into bottoms!
BINANCE:ADAUSDLong
by Polarbearman
ADA Cardano Support & R Zoomed outS & R zones I wish I would have bought more near .24, I doubt we see it again. I will sell off a great portion before and at previous ATH. With the rest of the bag I will pay for some fishing adventures. Please let me know what you see or if you have any special info add it here in the comments please. We can all win together in this! It could go to ZERO do not use my charts expecting your life to change but mine has. Peace and prosperity my people of the world!!
BINANCE:ADAUSDLong
by Polarbearman
✴️ Cardano Adam & Eve | Waiting For A Confirmation (Buy & Hold)Many Altcoins have been producing the Adam & Eve pattern, a bottom formation. And many of these patterns have been successful at predicting a reversal, the level accuracy has been high. And thus it is really positive to see this pattern here on the ADAUSD (Cardano) chart. First, it is all about the support level; Is the low/bottom in? That's all that needs to be confirmed to know that things will change. We do get confirmation and the low is in, great. The higher low in September vs June confirms the low is in. With this it would be enough for us to say, with a high level of accuracy, that the next major move is up. Instead we forget about the initial confirmation we needed and move on to the next... ADAUSD is trading daily above EMA21 and EMA10 but what about EMA50? It needs to be above EMA50 to be bullish right? Yes, this confirmation also comes in but we still don't know, supposedly... And now we are waiting for a strong big candle supported by high volume to say that prices are truly going up. We have multiple confirmations, other pairs are already moving strong... We have all we need based on technical analysis to buy and hold. ADA breaks bullish and yet we continue to wait... The confirmation is in for sure now, let's wait for the correction to enter, we need a retrace for a good entry before we can move ahead... And then it goes up and up and up... You missed the train! What happened? You forgot that the market can go either down or up. All you have to do is buy and hold. ➖ If the last low breaks down, close the trade at loss. ➖ If the pair grows, that's a winner, collect profits on the way up. You end up with very low risk and high potential for rewarded. The confirmation is already in, you can't win them all. Namaste.
CRYPTO:ADAUSDLong
by AlanSantana
1
ADAUSD On the verge of a rallyCardano / ADAUSD is trading over the 1day MA50 in the past 5 days. The pattern on the 1day time frame is a Triangle, with Support A (0.23500) holding on three different occasions and the next obstacle to overcome being the Falling Resistance (top) of the Triangle. Right now as long as the MA50 holds, you can target 0.28855 (Fibonacci 0.236). If the Falling Resistance breaks, you can re-buy and target 0.37500 (Fibonacci 0.618 and previous Lower High). The 1day RSI has its own Falling Resistance to consider. Follow us, like the idea and leave a comment below!!
CRYPTO:ADAUSDLong
by TheCryptagon
Will Cardano Reach $0.35?ADA price breaks above the $0.25 mark with a double bottom reversal. Cardano aims to reach $0.325 after retesting the $0.25 breakout. Deep correction phase in 2023, but Cardano plans a bullish reversal from $0.24. Year-to-date growth in 2023 is just 6.50% for ADA. Falling wedge breakout in the daily chart signals a bullish rally. ADA price crosses the 50-day EMA, accounting for a 7.82% price jump recently. Current ADA price is $0.262 with an intraday gain of 1.16%. DMI indicator shows high trend momentum with a positive ADX line. 50-day EMA surpassed, increasing the likelihood of a golden crossover. A rise above $0.30 could push ADA to as high as $0.356 by month-end. A fall below $0.25 will test the $0.24 base level. Overall market conditions and ripple effects could drive ADA prices higher.
BINANCE:ADAUSDLong
by Coinpedia-Market-Insight
Cardano (ADA) to 50 cents.This is not going to be popular… This idea is a continuation from the “Cardano (ADA) to 80 cents” idea published in September 2021. I’m now satisfied the conditions for continuation have now been met. Before the critics come out on mass, check out the 80 cents idea below before commenting. I’m not interested in tribal whataboutery, I’m only interested in the facts of the chart. Why so bearish? The TA: 1) The 10-day bearish divergence alluded to in the idea below has now confirmed. 2) The trend is lower highs lower lows following the break of market structure. 3) The head and shoulders breakout on the weekly. 4) The weekly death cross. No one seems to be talking about it. It is very clear to see. On the whataboutery: 5) From Meet Kevin on YouTube to almost 90% longs on Tradingview, everyone is a Cardano bull right now. $3-10 ADA is being called for. Let me remind you, 95% of traders will lose money. The herd always get it wrong. Is it possible price action continues to move up? Absolutely. Price action might blast through the 21-week EMA (yellow line). If that happens, this idea is void. Is it probable price action continues higher? No. A short position from $1.30 Is excellent. Is there a silver lining? Yes, look at the apps building on Cardano, almost all are massively bullish from a TA perspective. Shall I publish? I’ll think about.. Good luck! Ww Cardano (ADA) to 80 cents
BINANCE:ADAUSDShort
by without_worries
90