Cardano: SluggishADA has yet to achieve consistent gains. Primarily, we still see it in the magenta wave (iii), which should drive it above the resistance level at $0.81 as it progresses.
ADABEARUSD trade ideas
What i think will happen to ADAThis is what i think will happen to ADA. Next bullrun will happen only in end of 2025 or begining of 2026, and will reachbetween 6$ and 10$... and then fall between 3$ and 1,5$
ADA | Back to bear market lows, or back to your portfolio?ADA has been out of the top 5 cryptos for a while and largely out of the spotlight. But is that about to change? Let’s dive into a few key factors that could offer insight into what’s coming next.
-- Support & Resistance
Currently, ADA is trading near the bottom of its range at around $0.34, a key level that has historically divided bull market price action from long-term bear market accumulation since 2022. In a bull market, this is the kind of price level investors can only dream of buying at. However, with Bitcoin consolidating at its previous cycle’s all-time high for the past seven months, altcoins have suffered, allowing prices to fall to these accumulation-friendly levels.
The top of the range sits between $0.40 and $0.43, where we've seen two rejections and one false breakout. Despite this, I wouldn’t lean towards a bearish outlook, as we’ve had two false breakouts and three successful support holds, suggesting bulls have more control over this range.
-- Trendlines
As shown on the chart, ADA is forming a large pennant pattern, a key signal of potential consolidation before a significant move. Currently, the price is testing the lower trendline of this pennant, which aligns with the range’s support level. This convergence provides strong confluence, reinforcing the idea that we could see a bounce from here. The pattern's structure suggests that, as long as the lower boundary holds, ADA may be positioning for a breakout. Watching how price action reacts to this area will be crucial in determining the next move.
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In conclusion, ADA is showing signs of potential strength at key support levels, both in terms of price range and trendline confluence. With bulls maintaining control over the range and a possible breakout on the horizon, the upcoming price action could signal a shift back into the spotlight for ADA.
ADAUSD Breakout confirmed. Target 1.0500.Cardano / ADAUSD has broken above the Descending Triangle pattern and despite a pull back on the 1day MA200, it is now resuming the uptrend.
This is a similar price action with 2023. Break above Triangle, consolidation before the 1day MA200 break and then huge rally to the 2.618 Fibonacci extension.
Buy and target 1.0500.
Previous chart:
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CARDANO - Buy Idea (Short-term)The nice turn around off of the key-level support at 0.3370 suggests that price action is gearing up for and upside reversal, at least on the short-term scale. Our target is at 0.3569.
Golden CrossOn Saturday, 9/28, a golden cross formed where the 20 MA and 200 MA crossed. We will see if the 200 MA will play the break to stake a long position. It is currently being pulled back to retest its value. Good buy-in point to TP for the coming weeks. Support - 0.34 Resistance 0.46
ADA ready to for lift off!I have taken ETH's first DeFi bull run and laid the bar pattern into 15 months ahead. I think ADA is gearing up now to begin this HUGE run! Not financial advise! God Speed!
[ADA/USD] Cardano attempting to enter bullish zoneA breakout from downtrend line on daily chart, BINANCE:ADAUSD is now meet with its 220EMA & trying to break above it to officially enter the bull territory.
As precaution, do prepare a rejection on 1st attempt. A bullish theme nevertheless.
CARDANO flashing the strongest buy signal in 1 yearCardano (ADAUSD) just gave the strongest long-term buy signal possible on the 1W time-frame as the 1W LMACD is forming a Bullish Cross. That is the first such formation in almost 1 year (since October 09 2023), indicating that we have the most powerful buy signal at hand.
The 1W RSI has been ranging since May, practically for the majority of the time that ADA has been trading below its 1W MA50 (blue trend-line).
Basically as you can see all the above conditions are identical to the previous Bull Cycle, where a Bullish Megaphone emerged on a 1W LMACD Bullish Cross and after a 1W MA50/ MA100 Bullish Cross, the bottom was formed, while the 1W RSI was consolidating.
This time we have all these formations emerged again, so any week now, Cardano could start its new Parabolic Rally. With a Higher Highs trend-line setting a clear Resistance, we see a $5.00 price as a strong Target for the Cycle Top.
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Cardano - Buy IdeaCardano looks ready to move to the next stage of this current bull cycle. The clear break above the key-level resistance of $0.3500 is the trigger we were waiting for. Firing off a new buy position, targeting the next big resistance of $0.4230
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.
ADA: Bearish ideaADA is not putting in the impulse moves that it needs to get out of the $0.24 - $0.4 range. It is looking more likely that price will retest the bottom of this range, and maybe breach it a little to reset the rout. There are many good things happening to the chain but price is not reflecting it.
The black count reflects the bearish idea. In this count we assume primary wave 2 is not yet complete and the 5 waves move up was the C of X. The price action right now should be one last leg down to complete wave 5 of C of Y. Price can go down back to $0.2 - $0.18 to test back 2021 consolidation structure. For me, this will be a major buy area if this plays out.
Cardano: RegenerationADA has recently recovered somewhat, meaning that our primary scenario remains unchanged. We continue to locate the coin in the magenta wave (iii), which should ensure gains above the resistance at $0.81 in the further course.
Is Cardano just another Dash - 5dayNot a huge fan of fractals, but it is interesting the similarities between these two over the years
Dash was released in 2014, Cardano in 2017.
I overlapped their first cycles; Dash is the blue line.
What do you think?
The Bullish Case for Cardano: A Strategy to Maximize Your GainsMarket Recovery
The overall crypto market is bouncing back, with ADA recently seeing a nice price increase of over 4%. This shows that investors are gaining confidence.
Key Price Levels
ADA is approaching the important $0.70 mark, and many traders are watching for it to break through to $1. This could signal further gains.
Exciting Developments
Cardano has made some exciting upgrades, like the Hydra scaling solution, which makes the network faster and more efficient. This could attract more users and boost its value.
Trading Strategy
As always I plan to use a probability-based approach to enter long positions. This means I’ll look for the best entry points while managing risk effectively based on X1X2 strategy and its indicators.
Take a look at these analyses to see the details behind this trade idea.
12M:
3D:
10H:
Cardano ADA has one more time touched the bottom areaCardano ADA has touched the bottom area one more time on the monthly ($0,25 - $0,35). With all the new functionality in the latest forks and excellent performance (Hydra), ADA will likely get up to $8 in this bull market, hitting this target between July and September 2025.
Cardano - [ADAUSD]Overall Trend :
The chart shows a clear downtrend from the peak in early March to the current date. The price has fallen from around $0.80 to current levels near $0.35.
Price Action :
There's a significant drop from mid-April to early May.
The price has been consolidating in a range between roughly $0.30 and $0.45 since June.
Recent price action shows some attempts at recovery, but resistance is encountered around the $0.40-$0.45 level.
Support and Resistance :
Key resistance levels appear to be around $0.45 and $0.50.
Support seems to be established around $0.30-$0.32.
Volume :
Volume bars at the bottom show higher trading activity during price drops, suggesting selling pressure.
Recent volume is relatively low compared to earlier in the year, indicating reduced trading interest.
Bollinger Bands :
The green lines surrounding the price action appear to be Bollinger Bands.
The price has been trading mostly within these bands, with occasional touches of the lower band.
Recent Movement :
There's a small uptrend visible in the last few days of the chart, with the price moving from the lower Bollinger Band towards the middle.
Potential Outlook :
The overall trend remains bearish, but the recent consolidation and small uptick could suggest a potential for a short-term bullish move.
However, significant resistance needs to be overcome for a trend reversal.
It's important to note that this analysis is based solely on the technical aspects visible in the chart. Fundamental factors, market sentiment, and broader economic conditions should also be considered for a comprehensive investment decision.
Cardano ADA- As always, everything is illustrated in the graphic.
- Review the trend.
- Note the red TP (Take Profit) and green BUY indicators.
- Pay attention to the Fibonacci level at 261.8%.
- Cardano achieved approximately a 15,000% increase from 2017 to 2020.
- While history may repeat itself, expect lower profits this time, with a potential maximum gain of around 5,000%.
- 0.20$ is a fire buy.
- I recommend setting a TP around $7.50.
Happy Tr4Ding!
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
Why not coinsI don't believe crypto will be the future of finance, like I once did.. Mostly because that change hasn't happened in the real world with your everyday stores and purchases using it world-wide.
The people that sold on the way past 10k-20k-60k etc. are all out of the game and now we could easily run it the other direction, crushing bulls dreams along the way.
Ultimately I feel crypto will fail, but just incase I'm wrong and the USD does crash in the coming years, then at least I've got a few cheap coins, that should take off and skyrocket, if the USD flops.
Shown here is a Gann Square laid on the Weekly chart to a squaring method that's fairly common but I've modified slightly. Inside the square are 10th's ratios within a Gann Box. Lastly Elliot Wave ABC corrective wave on the weekly chart has satisfied all of my rules and could very-well be pushing this market into new higher highs.
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
ADA primed for breakoutADA is retesting the top of this falling triangle pattern! I this looks very similar to October 2023!
The yellow box is the trap zone for the breakout. If we can get above it the Red box is the BIG test!
