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3X Short Cardano Token3X Short Cardano Token3X Short Cardano Token
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3X Short Cardano Token

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ADABEARUSD trade ideas

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.
COINBASE:ADAUSDLong
by SynergyTradingSetups
6
ADA to test Hourly 50 SMAADA is approaching its 50 sma on the hourly chart. this could be a good buy area for a long set up as the 50 sma will be coinciding with the nearest support. Targets above are the 1.618 and 2.618 extension of the previous high swing low. RSI is 52 at time of publishing. Impulse has already corrected beyond the .236 and may be enough for a new continuation north. Not financial advice. Do your own DD. Will be following this idea up with larger TFs in updates. Thanks for viewing the idea.
KRAKEN:ADAUSDLong
by BallsOfSteel32
Cardano is popping, up 10% again today, will take 0.50 soon When I first bought this a couple of weeks ago, it was in a massive contraction & squeezing stage, despite recent buyer activity, there was even more selling prior to this demand for many months earlier this year. So I waited for it to come into my area of confluence because I was desperate to turn some red on my screen into green. I knew there was fairly recent (month or 2) buying demand so I knew this would return once price became too good to not take action to buy. I loaded up on it around 0.33 cents and I told readers of my initial post on ADAUSD to buy in at these low levels as it would move up fast and a break above 0.455 cents would be big as well. This Cardana is my best performing Crypto and it is a more recent Buy compared to say DOGEUSD & TRON (that gives nothing aways at this stage.) Given where things are at now and Bitcoins firm position, 0.50 for ADAUSD is good buying I think. Just got alerted of a newswire on this theme. www.tradingview.com
EIGHTCAP:ADAUSDLong
by Easy_Explosive_Trading
Cryptocurrency ADAUSD CARDANO: Next to break out. I bought into this one recently but it was weighing heavily since the purchase in terms of price not quite breaking-out enough, but that all changed today as Cardano moves out of its squeeze and into climbing and rallying mode. Earlier in 2024 it entered a Supply-downtrend but in recent months buying entered into Cardano and the charts stated to expand with some volatility to upside prices. A breakout "jump" is what ADAUSD set-out to do in 2024 and with supply switching mostly over to demand and with Bitcoin now very close to 71,000, that time is near.
EIGHTCAP:ADAUSDLong
by Easy_Explosive_Trading
ADAUSD viciously sold, but a vicious buyback in play! This is a Cryptocurrency ADAUSD has been sent downwards in its price this year like most other Crypto's, lately trying to stage its turnaround, I think it will happen real soon as Bitcoin is set to move much higher anytime soon, very soon now I think and Crypto is very bullish today across the board, many things up 5% already. This would represent a massive upside move for ADAUSD as the forces are set to take Cryptocurrency's much higher following their big sell-downs this year.
EIGHTCAP:ADAUSDLong
by Easy_Explosive_Trading
5
Cardano Technical AnalysisFxNews —The immediate support is at $0.334, neighboring the 61.8% Fibonacci retracement level. The Cardano bearish trend would resume if bears (sellers) close and stabilize Solana's price below $0.334. In this scenario, the next bearish target could be the October 28 low at $0.33, followed by $0.327, the 78.6% Fibonacci retracement level. Please note that the bearish outlook should be invalidated if the price exceeds the 50-period simple moving average of approximately $0.345.
COINBASE:ADAUSDShort
by FxNews-me
1
ADAUSD If you ask meIf you asked me a couple of years ago mainly 2021, I would say I would tell every buy ADA buy ADA!!!...... Now that I am a functioning adult and have gone through the phase of unplugging and learned a few things. According to Historical Chart Patterns I am seeing a Descending Triangle here and as we know Descending Triangles are an indicator for shorting. It may go down but with tomorrow being such a critical day be on the lookout for potential buy situations.
COINBASE:ADAUSDShort
by Christian_J_Cruz
2