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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

Cardano: In Wave [v]From the low of the orange wave on November 4 to the peak of the subsequent orange wave last Sunday, ADA surged by more than 100%. The brief pullback in the orange wave was caught by our now grayed-out Target Zone. Currently, the orange wave should be underway, potentially pushing the price well beyond the $0.65 resistance level. However, there remains a 33% chance for a bearish short-term alternative scenario. In this case, an imminent sell-off into our green Target Zone between $0.44 and $0.35 would occur. This would imply that ADA completed its orange five-wave upward structure at the $0.65 resistance and has already entered the subsequent corrective green wave alt.2.
BINANCE:ADAUSD
by MarketIntel
ADA 50-150 Bullish SMA Cross ImpendingCardano is about to experience a weekly 50-150 simple moving average cross. This is coming off the back of a strong week for the alt coin. The RSI is 60 at time of publishing. The token has corrected so far to the .236. Anything close to the 50 sma is a good buy for longs in my opinion. Targets are market with green horizontal lines and are fib extensions from the previous high swing low. Not financial advice. Do your own DD. Thanks for viewing the idea.
KRAKEN:ADAUSDLong
by BallsOfSteel32
~$8.00 2025 ADA Price target; yes 2025Next BTC halving is a ways off. Inflation is high and going higher. Divestment from crypto funds / stock markets. Geopolitical uncertainty + high oil prices. Etc, etc. All bad news for short term ADA price action. ADA had ~130-140 accumulation weeks on the macro scale before going parabolic. The ADA of 2022 is not the ADA of 2018 and it's notoriously slow, yet methodical, development strategy may just be a price wildcard factor. I'm not going to pretend I have some sort of sage-level market insights, I could be dead wrong and not know it. Ideally, ADA will gently bottom out around 0.30 and face stiff resistance around the 0.90 level for the next 12 to 18 months. ~~ I'm thinking about two strategies: A) Take the multi-year approach and start DCA'ing into whatever you favor knowing that the next crypto parabolic cycle is years away and -- "Look to the horizon" B) Take the extremely short term approach (1 - 10 days) and take profits/losses when you can -- "Aim small, miss small" Watch ADA, BTC, ETH, SOL, and ALGO closely in the coming months/years. Do not expect general market trends to suddenly reverse course anytime soon. Cash is king. ~~~ This is not financial, legal, or tax advice. You, and you alone, are responsible for any and all profits or losses. I am not your advisor. Good luck.
BINANCE:ADAUSDLong
by Varmushu
1
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
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
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
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