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ADABULLUSD trade ideas

ADAUSD cardano big Pump?hello everyone... alot of whales are jumping in the cardano lately... and recently the price has broken through main resistance level will it pull back? at this point chances are very slim since its heating up with investors.. as long bitcoin remains bullish to reach its highest at 32k.. most likely cardano will each it's highest at 0.60 in 4hr timeframe support are 0.44 and 0.42 it can likely test back to.. this is an update to my previous analysis... good luck to all investor...
KRAKEN:ADAUSDLong
by baigxy
Trading Idea on ADA/USDBINANCE:ADAUSD Based on the technical analysis of Cardano (ADA/USD) on the daily timeframe, a potential cryptocurrency trading idea could be to buy ADA/USD at the current price of 0.450, with a stop-loss order set at 0.400 and a target price of 0.600. The rationale behind this trade idea is based on the recent bullish trend of ADA/USD, which has been trading above its 50-day and 200-day moving averages. This indicates a potential upward momentum in the price of ADA/USD, which could be a profitable opportunity for traders. Furthermore, Cardano has been making significant progress in terms of development and adoption, which could further increase the demand for ADA in the long run. This is evidenced by the recent partnerships and collaborations announced by Cardano, as well as the growing number of users and developers joining the Cardano ecosystem. However, as with any investment, there is no guarantee of future returns, and investors should always conduct their own research and seek professional advice before making any trading decisions. It is important to monitor the price movement closely and adjust the stop-loss order accordingly to manage risk effectively.
BINANCE:ADAUSDLong
by InKryptLabs
ADA/USD 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano (ADA) rose for an eighth straight session on Friday, with today’s gains sending the token to a seven-month high. ADA/USD raced to an intraday peak of 0.4441 earlier in today’s session, after trading at a low of 0.4115 on Thursday. Friday’s surge in price saw Cardano climb to its strongest point since September 27, when prices hit a high of 0.4631. Looking at the chart, today’s jump came following a breakout of a key resistance level of 0.4230. the relative strength index (RSI) also moved beyond its own ceiling at 65.00 and is currently tracking at 71.06. An upcoming ceiling at 72.00 now awaits ADA bulls, and should they fail to move past this point, earlier gains may fade. This is not a piece of financial advice. Thank you
COINBASE:ADAUSD
by CryptoSanders9563
3
Cardano (ADA): $0.40 still resistsThe price of ADA continues to be supported by the announcement of Cardano`s EVM company Milkomeda over the forthcoming network upgrade, which will allow all users of Cardano network to access smart contracts on Ethereum VM through ADA wallets. The resistance line at $0.40 remains supported, but the coin did not manage to break this level for the last two weeks. The price of ADA was moving in a short range during the previous week, between levels of $0.37 and $0.40. RSI is moving above level of 50 during the last two weeks, with its highest level at 61. At this moment, the market is still not ready to clearly choose the trading side. Moving average of 50 days started to diverge modestly from the MA200 counterpart, at least providing some indication that the actual Golden cross did occur some time ago. Daily trading volumes are generally decreased on the crypto market due to market exhaustion on one side and Easter holiday, on the other. During the week ahead, it should not be expected to see some significant moves in the price of ADA. It might continue its current slow motion between $0.40 resistance and level of $0.37, with lower probability for testing of $0.35 support line.
COINBASE:ADAUSD
by XBTFX
ADA Bullish long, 0.30-0.32 DOWN, GREAT BUY ZONEimagine, its currently July and the crazy bull market has begun after long hell. currently lots are bearish short term, sentiment as a regular person is were getting a leg down, this isnt going away anytime soon in the days, but longterm this is setting up well, coming out of the bearish flag, breaking downwards, safe area probably 0.33 - 0.34 but if you wanna get frisky you can set a buy order down around 0.28-0.31. i think its only natural that we fall below just for fun, i know lots of people want to buy in a little bit lower to get that feeling of when the market had busted, but its impossible to know if it will. this will definetly play in for the next couple months but for the cardano community, this is the moment we've been waiting for forever. ADA will make strides like never before
COINBASE:ADAUSD
by Migweel
#14 TA only.'Project Parallel Channel' lol, this is basically an extension of idea '#13 TA only.' Also more detailed with some newly added pc's. What I think will happen: - I think we will be staying above the 'yellow highlighted line' (which is the median of the 'lowest yellow pc') constantly, soon if we do manage to touch it again a week or two later, then I believe the price won't go more than 1% under (very high chance it will just stay above) the 'yellow highlighted line'. I also think this line/spot is a good long opportunity now and in the future if the price is close to the line. - Then I think we will briefly try to challenge the $1 ADA price, possible rejection back to the $0,7-0,8 region. - If not, we might even get to start the journey to $1,75-2,13. - If yes, expect a pump (see big arrowed path line, pointing at $4,753) near the end of May/ start of June) - I believe the 'Vasil hard fork' will bring alote of excitement and action to ADA's price, here is my perspective on the possible price action we could expect from big financial institutions the coming 4-5 months. - Based on simple parallel channels, OPC simply stands for Original Parallel Channel. If you want to recreate my chart, you can just look at the transparent big green dots, those dots are the places I've connected the opc's to, the copies I just placed directly under under the opc. Note: the yellow opc was made on the 1hr chart. The others on 3hr. The opc's also have a darker background color than the copies. - Last advice: Just pay attention to the parallel channels (and their median aswell). Good luck. (This is just my opinion as an unlicensed financial advisor) Lets see what happens!
BINANCE:ADAUSDLong
by UnknownUnicorn5426269
5
ADA-USD: POSSIBLE REVERSAL| LONG SETUP | HARMONIC TRADE|ONE HOURThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. CARDANO ( ADA ) is moving in a Bullish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bearish Butterfly Harmonic Pattern is used to identify the projection from its current price whereas Long Trade Setup is given to grab the trade opportunity before the reversal of the instrument. However, only TP1 is suggested at present due to expected reversal from PRZ if Divergence will be observed at PRZ. Presence of Divergence is negative at the current price level which can further lead to bullish movement of ADA-USD pair till PRZ.
COINBASE:ADAUSDLong
by haroonsiddiki
Cardano: searching path to $0.40Cardano is a network with so much potential and so little market support. But its struggle to sustain its market position is certainly something for respect. During the previous week, the price of ADA was supported by the announcement of Cardano`s EVM company Milkomeda of forthcoming network`s upgrade, by which, all users of the Cardano network will be able to access smart contracts on Ethereum virtual Machine, through ADA wallets. This is a significant improvement, which pushed the price of ADA again toward the $0.40 resistance line, from $0.35 support line. However, there has not been enough buying orders to push the price above the resistance level, so the price of ADA is finishing the week with prevailing selling orders around $0.39 level. RSI continues to move above level of 50, which means that the market is still eyeing the overbought side. This might support the price of ADA further. Moving averages of 50 and 200 days are still in the gray zone, without a clear sign whether the Golden cross is coming or not. The positive sentiment around ADA and the upgrade of Cardano's network still holds. This is positive for the coin, regardless of the negative impact on the price coming from generally higher market uncertainty. As per current charts, it might be expected for the price of the coin to revert a bit to the downside, at least to the level of $0.35 support line. On the opposite side, there is equal probability for $0.40 resistance to be tested for one more time.
COINBASE:ADAUSD
by XBTFX