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ADABULLUSD trade ideas

✴️ Cardano Bulls Are Preparing (Calm Before The Storm)Nothing changes here when it comes to the bullish bias/potential, Cardano continue aiming higher. We just saw three days closing red, just as we saw 3 days closing red late June... These are normal retraces and they will continue to take place. On the other hand, the low 10-June is getting further and further away. I have to admit that this chart doesn't look strong... But that is how it works, it always starts at the bottom and then goes up. The strong correction already took place. We are seeing the calm (consolidation) before the storm (bullish impulse). Namaste.
CRYPTO:ADAUSDLong
by AlanSantana
7
✴️ ADA Trade Signal (8X)Cardano has been going through some major developments, at all times, great news, great fundamentals and the market is moving ahead. I am going long on this one with 8X. I don't think ADA will stay behind, I believe it will grow. Here we have a rising channel on this chart that is pretty clear and strong, other major and classic signals such as the RSI and moving averages are also looking well... And the rest of the market is starting to heat up. Namaste.
DYDX:ADAUSD.PLong
by AlanSantana
2
psychology of a traderLet's talk about risk to reward ratios, in the Securities and Exchange Commission's lawsuit against Binance ADA is directly named as an unregistered security. there were plenty of other big names listed but I know Charles. He believes in the technology. You can see that through the hundreds if not thousands of hours of YouTube videos he's made on this subject. depending on litigation ADA could go much higher than $4.50 but that's why I'll be out before $5
COINBASE:ADAUSDLong
by pitachio7712
4
✴️ Cardano | Good News! Read In Full!I am doing a new session of looking at your desired Altcoins... The first one that came in was Cardano (ADAUSD)... Let's get started. If you enjoy the analysis remember to LIKE/BOOST, it takes only 1 minute and it really helps! Thanks for your support. _____________ We are looking at ADAUSD, which is the same as ADAUSDT, ADAUSDC, etc. Valid for all USD pegged stablecoins. 11-June Cardano hit a lower low compared to December '22. This is not bad, this is good news. This happened because the SEC called it a security in one of its lawsuit against Binance/Coinbase and some exchanges delisted the pair. This has been priced in and is already over. Life/Cryptocurrency will continue. The lower low is bad news if you are trading leverage and your position is liquidated. If you are spot it doesn't change anything, short-term noise. If you are out and want to buy-in, this is a great opportunity because you now get the lowest possible prices in more than 6 months. Once we hit bottom, the only place left to go is up. So the RSI is oversold (weak) and already recovering. We can see strong bullish action and strong, clear reversal signals. We expect Cardano (ADAUSD) to grow easily from here on. We will still have waves, up and down, up and down... Still the shakeouts, volatility, market swings but long-term growth. By the way, the lower low only happened in a the candles wick, the close was higher. So technically we have a higher low. Namaste.
CRYPTO:ADAUSDLong
by AlanSantana
18
ADA whales drive Cardano price towards $0.3, Investor optimismADA Whales Propel Cardano Price Closer to $0.3, Inspiring High Investor Expectations Following a significant decline in early June, wherein Cardano experienced a 30% loss in value, the altcoin is now witnessing a remarkable resurgence. The market-wide recovery has contributed to a nearly 6% increase in the past 24 hours. However, the optimism surrounding ADA extends further, as whale holders demonstrate strong bullish sentiment this week. As the broader crypto market rebounds from recent lows, with Bitcoin inching closer to $30,000 and several altcoins experiencing gains, Cardano finds additional support from a crucial group of investors. Cardano Price Reclaims Ground At the time of writing, Cardano's price hovers above $0.28, bridging the gap left by the early June crash. This third-generation cryptocurrency endured a substantial blow when it incurred a loss of over 30% within a week. However, fueled by overall market bullishness, ADA is now approaching the $0.3 milestone. Notably, the altcoin has surged by approximately 7% in the past 24 hours, accompanied by a sudden increase in the interest of whale investors. The influx of these investors is evident in the total inflow of addresses conducting transactions worth over $100,000. They have collectively acquired around 263 million ADA, valued at approximately $71 million presently. Recognizing this favorable trend, it appears to be an opportune moment to accumulate cryptocurrency assets, leading us to consider a strategic long-term investment approach through Buying Deep.
COINBASE:ADAUSDLong
by FOREXN1
2
ADA Cardano Bearish Short Cardano face the SEC’s scrutinyDAILY TF short 4H Short 2H Short 34min Short Strategy Trend Bearish Only technical rules.I ignore all fundamentals Risk and money management; Trend continuation,trailing stop(Only if buy sell pressure and trendomat confirmation follows) Position sizing Solana and Cardano get listed as tradable digital assets in Indonesia. SOL and ADA experienced price recoveries despite lingering bearish trends. Solana and Cardano have found themselves entangled in the scrutiny of the US Securities and Exchange Commission. Yet, a glimmer of hope emerged from the recent developments in Asia, potentially offering respite to the assets and their holders. While the regulatory situation in the US remains uncertain and unclear, the news from Asia brings a fresh breeze of optimism. Cardano could enter an extended price consolidation below $0.3 as buyer and seller indecision persists. ADA’s lower and higher timeframe charts were bearish. Long positions were wrecked; funding rates were negative. The resilience seen within the Cardano ecosystem is yet to boost ADA’s price outlook. It registered an impressive adoption and network growth rate as transactions hit 69 million. But the token’s price remained below $0.3. In fact, it even surrendered gains made between 10-13 June. The strong rebound from $0.220 on 10 June saw bulls extend gains up to 13 June but didn’t cross the $0.3 price level. Interestingly, the $0.3 level aligns with the 50% Fib level, making it a more crucial roadblock if bulls were to gain an edge and reverse Q2 losses. In the meantime, the RSI (Relative Strength Index) retreated from the oversold zone but was still within lower ranges, signalling weak buying pressure. But the Accumulation/Distribution metric moved sideways after a slight uptick – pointing to indecision between buyers and sellers. So, a range formation between $0.247 – $0.3 could be on the cards, given the indecision among buyers and sellers. But a bearish breakout from the range could ease at $0.220 or $0.182, especially if BTC retests the $24k. A pullback can be used to sell more ada, as trendomat is bearish
CAPITALCOM:ADAUSDShort
by DaveBrascoFX
ADAUSD Retracement to 0.317 Supported by Fib ConfluenceThis idea proposes that the ADAUSD pair will experience a retracement up to the 0.317 level, driven by a confluence of Fibonacci levels. The analysis indicates a strong probability of price movement based on two key Fibonacci indicators: the 0.618 retracement level and the 100% fib-extension level of the first wave following a previous market crash. The Fibonacci retracement level of 0.618 often serves as a significant support or resistance level in financial markets. In this scenario, it is expected to act as a support level, propelling ADAUSD towards a potential retracement. Furthermore, the 100% Fibonacci extension, calculated from the price swing after a crash, adds to the confluence, indicating the likelihood of a meaningful price movement. Traders and investors are advised to monitor ADAUSD closely as it approaches the 0.317 level, as it presents a potential opportunity for long positions. However, it's crucial to use other technical indicators and risk management strategies to validate and assess the trade before entering any positions. Keep a close eye on price action and consider confirming signals from other technical analysis tools to increase the confidence in this retracement opportunity.
COINBASE:ADAUSDLong
by rbower
10