Bull flagBull flag formation with sideways consolidation after a massive run. Looks like Elliot Wave has finished and a breakout looks primed.
*Not financial advice, trade at your own risk.
ADABULLUSD trade ideas
ADA Going to $0.32? Head and Shoulders Pattern Appearing!ADA is currently in a fanning bull channel, meaning the support and resistance lines "fan out" or widen as the trend continues. The final bull push happened at the head of the head and shoulders pattern, signaling the end of the trend. The right shoulder is currently forming and once the price falls to the channel support, could mean Cardano falls to at least $0.30.
How do we trade this?
The probability of profit is always greater trading with the trend, but we have a reversal pattern playing out which brings us pause entering in a long. Bitcoin, a leading indicator of the crypto market, is stalling in price and pulling back. My recent 4HR and Weekly analysis depicts Bitcoin's fate, which shows a falling price. This could hinder ADA from climbing in price, so we need to see what happens when it comes in contact with the trend support line around $0.36.
If we see a bull signal bar (strong bull bar closing near its high with a tail 1/3 to 1/2 the size of the bar) followed by a strong bull confirmation bar (large bull bar closing on or near its high), then we have a long signal.
If ADA has a bear bar closing below the channel support followed by a failed attempt to come back into the channel (confirmation), then it is reasonable to short to the 4HR 200EMA around $0.32.
Key Points
1. Fanning Bull Channel: Price swings increase as the trend continues, probability of profit is higher when longing
2. Potential Head and Shoulders Forming, a reversal pattern that should bring pause when wanting to enter a long
3. Bitcoin is a Leading Indicator, the Risk of Pullback, could hinder ADA's ability to climb
4. RSI has Room to Fall. A weak indicator on its own, but supports #2 and #3
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
Cardano reversal diamond???ARE WE ABOUT TO PUMP???
Can we see 42K or more in the next coming days for Bitcoin?
I have that 46 cents in mind for ADA!!
NOT FINANCIAL ADVICE IT CAN GO TO ZERO!!!!
ADA, The only crypto I want this Cycle. Ada, Currently sitting at .37, has a target price this cycle of over $6. That is a hefty gain that many equity investors would probably deny. When looking at its bottom to top gains last cycle we saw an increase in price that surpassed 16,000%. That gain was also roughly 130% from the 2017 top in Cardano. A $6 price target only represents roughly a 100% gain from the 2021 top. This has always been and will always be my favorite crypto. True Decentralization is freedom!
Ada(based on NEo wave)Now its recognizable pattern for me just a little time and price correction and it will start to grow.
My stop loss is wave E.
no breakout ADA = BuyADA fail to break the level 0.2400 and got rejected, the Semafor indicator draw a red flag wich is the a good entry point,
it will now do the "Ping" to break preview Semafor Red Flag (4h) to target is 0.2800 - 0.3000
ADA(also DOT) a Bull in a BEAR marketADA & DOT are taking some gas from many others.
I'm excited about the Midnight Airdrop coming in the future.
Let us see the bounce!!
Where are we going?
Today I pulled out of many things.
Easy money may not be so darn easy for a bit.
Not financial advice it can go to ZERO!!!
The Dollar Shop💵: ADA, FTM, CTXCHi Traders, Investors and Speculators of Charts📈📉
I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑
Incase you missed the previous one, find it here :
NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
ADA AccumulationADA appears to be in an accumulation phase at present, looks good and ready to move higher during the next bull market. I expect ADA to reach 11-12 dollars by July 2025. Load up and wait.
Can Cardano Cross The Bridge To $0.45?Rounding Bottom Breakout: ADA shows a bullish pattern in the daily chart.
Current Price Surge: Cardano's price crosses the $0.35 mark, indicating a strong bullish trend.
Next Target: ADA aims for a 20% hike, potentially reaching $0.45.
Market Recovery Influence: Boosted by Bitcoin crossing $35K and Ethereum above $2K.
Buyers in Control: The ongoing rally suggests strong buyer dominance.
Technical Indicators: MACD indicates a rising bullish momentum.
Golden Crossover Potential: 50-day EMA nearing the 200-day EMA, hinting at a golden crossover.
Volume Support: Rising intraday trading volume backs the bullish trend.
Price Action: ADA forms higher highs following a breakout from $0.27.
Market Sentiment: Overall bullish sentiment in the altcoin market.
Bearish Scenario: A reversal from $0.35 could retest the $0.325 level.
Long-Term Outlook: Cardano price predictions remain optimistic for 2023.
Cardano Adam and Eve pattern complete Cardano Adam and Eve pattern complete and beginning of elliot wave one; ada seems to have completed the bullish adam and eva pattern starting wave 1 of elliot without further setbacks as long as the fundamentals do not give us a scare; that pattern seems to be repeated in ASW adaswap; in BCH, LUNC AND OTHERS LIKE ROSE, MINE, POLIGON AND ASTAR...
ADA vs ETH : Which is Better Buy ?Hi Traders, Investors and Speculators of Charts📈📉
Both Cardano and ETH have massive followings. When ADA was released, many argued it was going to be the "ETH killer" . (Don't shoot the messenger now).
But today's analysis is not going to be about fundamentals, or arguing which coin is better than which... instead, we're going to take a look at which coin has the most upside potential for the next bullish cycle. ADA or ETH? And also, what is the risk-reward?
First, let's take a look at SHORT TERM zones:
It's important to note that during the last bearish cycle, ETH lost 80% of it's ATH whilst ADA lost just over 91%, meaning that ADA falls much harder than ETH.
In the DAILY / also SHORT TERM / we see that ETH is ready to proclaim a new bullish cycle, but ADA not yet as ADA struggles to capture the 200d Moving averages:
From the weekly perspective, ETH is just about to reclaim all Moving Averages as support, but Cardano is lagging behind, still trading under the 50d MA (technically from a moving averages perspective, still bearish).
And finally, from a macro perspective logarithmic chart, ADA has yet to reclaim the 0.618 Fibonacci Log Channel, whilst ETH is already trading on top of it.
With all of the above said, there is a clear distinction that we can make between the two trades : ETH is a safer bet then ADA, but ADA has much more upside potential then ETH. This is where you need to decide what your appetite is for risk. ETH has a lower risk medium reward setup, and ADA has a high risk high reward setup.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
We thank you for your support !
CryptoCheck
ADA Bull OR Double TopDouble Top is a decent gain.
Breakout is an ok gain and or will become support.
I will try to trade these ranges if possible.
Sushi swap has been easier/profitable for trading.
Strong CardanoHello there , mastershark here , the predictor.
As some folks requested here’s what i think about cardano ; despite being rubbish cardano is showing strength. I think that there’s high probability that ada will break the ATH and aim to 8$ or around for the peak of bull run .
Many old coins wont BTW .
As I mentioned in the chart historically we are in the beginning of bull cycle which in previous one covid 19 gave us black swan and i think some incidents like that isn’t on the table unless we see a huge war which i think the governments can’t afford.
We have obvious similarities with previous cycle that isnt a criteria but ill give us some clues.
Check the RSI aswell.
Stay safe fam .
Cardano Price Surges by 10% in Just 2 Days!Cardano (ADA) has experienced a phenomenal surge, with its price skyrocketing by a remarkable 10% in just two days!
The Cardano community has been buzzing with anticipation, and this recent surge has certainly exceeded our expectations. As a trader, it's crucial to stay informed and capitalize on these exciting opportunities. That's why I wanted to reach out to you and share this thrilling development.
Now, let's talk strategy. With Cardano's recent surge, it's essential to keep a close eye on its movements. As you may already know, Cardano has been steadily climbing, and it's currently approaching a significant milestone: the 100-day simple moving average. This is a crucial indicator that can provide valuable insights into the market sentiment and potential future price movements.
Here's where the call-to-action comes in: I strongly encourage you to consider going long on Cardano once it successfully passes through the 100-day simple moving average. This could be a game-changing moment for ADA, and you don't want to miss out on potential gains!
By taking advantage of this opportunity, you position yourself to benefit from the upward momentum that Cardano has been building. The recent surge is a clear indication of its potential, and with the right strategy, you can ride the wave of success along with it.
Remember, successful trading requires careful analysis and strategic decision-making. Keep a close eye on Cardano's movements, study the charts, and make an informed decision when the time is right. Timing is everything in the world of trading, and this could be the perfect moment to seize the potential that Cardano holds.
So, get ready, traders! Cardano's recent price surge is a testament to its growing strength, and it's time to capitalize on this exciting development. Keep a watchful eye on ADA as it approaches the 100-day simple moving average, and when the time is right, consider going long to maximize your potential gains.
Can ADA prices sustain the uptrend to cross $0.325?Current Market Position: ADA price encounters resistance at $0.325 after a triangle breakout rally.
Technical Patterns: Cardano faces a supply challenge at the $0.325 level, hinting at a potential correction.
Potential for Uptrend: If ADA can surpass the $0.325 resistance, the price may target the $0.40 mark.
Recent Performance: ADA has seen a 31% increase over the past 15 days, with a significant recovery in October.
Year-End Expectations: Despite the current pullback, Cardano's year-to-date growth suggests a bullish trend for 2023.
Technical Indicators - MACD: The MACD shows a positive trajectory, indicating continued bullish sentiment.
Technical Indicators - EMA: The 50-day EMA is nearing the 200-day EMA, raising the possibility of a golden crossover.
Intraday Trading: ADA is trading at $0.318 with a 1.55% intraday decline, showing bearish pressure.
Trading Volume: A decrease in trading volume suggests a weakening of short-term momentum.
Market Recovery: Cardano's recovery has been strong, but the market awaits a potential relief rally to confirm the trend.
Downside Risk: A sharp reversal from the $0.325 level could lead to a retest of the $0.30 support.
Market Watch: Investors are closely monitoring ADA's ability to sustain momentum and break the $0.325 resistance.
Cardano (ADA) is about to make a move the will stun people!Cardano not only has incredible utility, but it is massively undervalued at current prices. Most investors don't just hold ADA because of it's mind-blowing price appreciation potential, they hold it because they know that it will play a substantial role in the coming digital revolution. Even a novice can look at the current chart and see that something big is about to happen with this coin. I personally believe that no matter how large your crypto portfolio is that everyone should have at least 5% of their portfolio in Cardano.
Remember tribe, stay diversified and never put all your eggs in one basket!
ADA CardanoMR. CH himself has been busy making moves.
He has been also as far out of your world as far as to the University of Wyoming.
That really isn't far from him but getting connections where others do not my prove to be a big BIG deal maker.
I could imagine seeing $12 myself.
I just picked up more and added to my stakings.
The other half is ready to sell and reinvest after a good jump up!!
None of my work is financial advice.
This could go to ZERO or also 10x and stop at $3 or change your life. only risk what you can say goodbye to.
ADA Short: Broadening Short Crypto Bet.I've turned off notification here because I posted some bearish crypto analysis and, you know how it is. As with in 2021, it's much more productive to just turn off comments and focus on what I am doing that engage in convos were people tell me I am 100% wrong and too confident (I love irony).
Wil turn them back on once the market has dropped or a few days after I am spiked out.
With that said, I am adding some more crypto shorts now. ADA on the 76 retracement and butterfly confluence.
Cardano's ($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.
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.
