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ADABEARUSD trade ideas

ADA: Odds Quite High to Continue to 66 to 75 Cent RangeHi Everyone! Simply providing explanation as to WHY the price action has very high odds of continuing higher to the 66 to 75 cent range. Yes, it will take a little time to make it to this price range but this is where it looks like we are heading at present. Yes, it also looks like we are no longer in Distribution and odds are quite high we are in Accumulation. Hope this analysis is helpful. Happy Trading and Stay Awesome! David
BINANCE:ADAUSD
by WyckoffMode
9
ADAUSD 13 AUG 2024 0710hrsNotice the high stopping volume at the lower prices. Will have to see how far it carries it. Use the 1 and 4 hour to catch the re-accumulation entry. This is just a big picture capture with main target areas. Key here was that stopping volume (circled). Looks like they stepped in and started accumulating... Basically, they bought it up where the bag holders sold at a loss. Think about it. Those who bought high couldnt withstand the losses anymore so they were looking for their way out. So SM was right there to buy it all up at a discount. Pretty simple logic actually.
COINBASE:ADAUSDLong
by dee718
1
$ADA Cardano - potential range break outOK here we go with a potential break out of the range for $ADA What i like about this setup is there was a swing fail pattern when price previously took out the top of the range and dropped back to the mid range/20 period SMA where buyers stepped in, since then we have rallied to the range highs again and i think its likely we see a break out, considering there is an overall bullish trend at the moment in crypto tldr entry 0.5156 ish target 0.5336 ish (top of the break down candle close) stop 0.501 below the mid range level follow me on my twitter :)
FTX:ADAPERPLong
by disgruntled
2
Cardano look bearish in weeklyCardano look bearish in weekly chart as we see that we're in the bullish correction before to continue drop. But we hope to find down a good opportunity to short ADA, I believe that it's not far to reach down $0.17 cents, but this it's some possibility to happen. But Cardano could to reach down to $0.27 cents in the next weeks to see. Also guys, buying Cardano below of $0.30 cents it's very good to accumulate ADA in this bear market and preparing your cash to buy this cryptocurrency and hold for ever until reach your own goal. Also, I draw the Cardano logo here and look precious and beautiful my design to present this cryptocurrency for crypto-enthusiastic. I hope that this analysis support you!!!
BINANCE:ADAUSDShort
by harisonhbn9718
1
Cardano: low trading volume support side tradingADA continues to be in the mood of side trading. This is supported by significantly decreased daily trading volumes, which don’t have strength to push the price to any side. This is also reflected in technical indicators, which are “freezing” for some time now. During the week RSI moved from 51 to 55. The indicator shows that the market is still eyeing the overbought side, however, there is still no market strength for this goal to be clearly reached. Moving average of 50 days halted divergence from MA200 counterpart; however, convergence has still not started. With significantly decreased daily trading volumes, ADA will not have strength to move to either side. In this sense, it might be expected that side trading will continue also during the following week, except in case of some strong fundamentals. In this sense, it might be expected that the coin will continue to move in a range of $0.5 up to $0.55 resistance, while $0.60 continues to be the target for the future period.
COINBASE:ADAUSD
by XBTFX
ADA Declined on a constant low volume - Bottom around 0.75ADA will bottom around %0.75 as the volume is extremely low. This is a good sign overall if your buys are really low. I plan to hold it for some years. Its inventor is trying hard to market it but I believe he lacks marketing skills. Therefore, ADA's adoption isn't great like BNB which is linked to an exchange. So, ADA to cross 100B is a big thing. However, it can hold 10B MC thanks to staking. My long-term projection is ADA 5, 10, 15 (max). This may take ~5years forward.
BINANCE:ADAUSDLong
by cryptoshort
3
Cardano Price Analysis — August 5Ever since Cardano broke away from its downtrend, highlighted by a downward-facing channel, the cryptocurrency has maintained a steady sideways pattern despite the noise in the market. ADA remains glued to the $0.500 line and awaits some market impulse to act. Despite the sideways pattern, the cryptocurrency adopts a slightly bullish bias as it continues to record higher lows. The main obstacle moving forward is the $0.600 mark, where my daily 100 EMA currently resides. Only after breaching the mentioned level can ADA shake off the sideways pattern and resume an upward recovery. Meanwhile, our resistance levels are $0.560, $0.700, and $0.800 and our support levels are $0.500, $0.400, and $0.300. Total Market Capitalization: $1.09 trillion Cardano Market Capitalization: $17.1 billion Cardano Dominance: 1.57% Market Rank: #8
BINANCE:ADAUSD
by Mr_Wogbe_Alex
Cardano (ADA): $0.6 is still a target Another positive week for the price of ADA as the coin found strength to move from side trading to the higher grounds. Although ADA started the previous week around support line at $0.45 it`s price soon has been pushed to the higher grounds, first to resistance at $0.50 and then further to the next short term resistance line at $0.55. Current charts are showing that there is still potential for the price of ADA to make a move toward higher grounds. With the latest increase in price RSI has been moved to the level of 61. This indicates that the market is headed toward the overbought side, while there is still space for the surge in price of coin until this level is finally and clearly reached. Moving averages of 50 and 200 days continue to move as two parallel lines with downtrend, without indication that convergence might start soon. Charts continue to point toward the $0.60 resistance line as a potential target for ADA in the coming period. As trading volumes are significantly decreased on a crypto market, due to general reasons, it might take some time for ADA to actually reach this level. However, as the first step in this road has been reached, in terms of $0.55 resistance, increases the probability of the next move to the upside. On the opposite side, there is some probability for ADA to test the $0.5 support line for one more time, before the final push to the upside.
BINANCE:ADAUSD
by XBTFX
1