(ADA) Chart Analysis:Observing Inverse Head and ShoulderADA/USD displays a potential inverse head and shoulders pattern on the 3-day chart. If confirmed with a closing price above $0.68, technical analysis suggests a possible price target of $1.14.
ADABULLUSD trade ideas
Thinking of a sell maybe Just practicing so don’t mind me or the idea… thanks and trade respectfully.
LONG OPPORTUNITY IN CARDANOwe have confluence in the major support at 55, if this level is respected, we can see an impulse up to 80
Cardano's road to $ 1.00 - Ascending triangle patternAscending triangle pattern has emerged. This could trigger the road to $1 and beyond soon.
Buy after break of above line and retest.
Target: $ 1
SL: $ 0,685
Not financial advice. DYOR
Cardano.....A cup of tea in peaceWe repeat history exactly
The cup and handle pattern is exactly repeated
It stabilizes above the 200-week moving average
and flies to the moon
Get Ready to Ride the Cardano (ADA) Rocket to the Moon!Folks, if you're not hyped about Cardano (ADA) yet, you should be! This isn't just another cryptocurrency—it's a rocket ship headed straight for the moon! With revolutionary technology, exciting upgrades, and charts that look like a rollercoaster ride of awesomeness, ADA is poised for liftoff! Buckle up, hold onto your hats, and get ready for the ride of a lifetime with Cardano! 🚀🌕
ADA - Weekly Educational Bull Run Alt season chartingSimply creating charts of Alt coins for references, of how they will react to this upcoming Bull Run.
MY SELF EVALUTAIONI THINK CARDANO GO TO THE 1$ IN THE ASCEDNING CHANNEL. Moving towards the roof of the channel. Breaking heavy resistance and starting an upward rally
Short term target 1.28Breaking structure upwards. Holding breakout zone on multiple 3 day candles. Bitcoin is bullish so is everything else. Once 1.28 I’ll share next target
ada weekly ada weekly chart #ada if price action holds above the weekly, we could see next possible leg up
The bullish rally seems to have startedIt appears to be in an ascending channel.Price targets are included in the chart
Cardano | king of developer & decentralizedMany people try to daydream
But I am telling you the truth
We may be able to reach this price in super cycle conditions
Good luck
#ADA
#CARDANO
Cardano Can Retest December 2023 HighsCardano with ticker ADAUSD can be trading in a higher degree wave (5) that can retest the December 2023 highs.
Looking at the short-term hourly chart, we see it slowing down for subwave iv correction before a continuation higher for wave v of (5) towards 0.70 - 1.00 target area. Ideal support comes here around base channel resistance line and 0.58 - 0.56 area.
ADAUSD | Wave Analysis | Inverted Head & Shoulders Pattern +150%Confluent Wave Analysis with price action and chart pattern trading setup:
> The third wave correction after doubled zigzag ABC pattern forming a valid inverted head & shoulders pattern with barrier triangle ABCDE wave - with confirmation fake breakout D and E wave.
> Entry at B-D downtrend line breakout / WMA50 week
> Target 1 @ 161.8% Fibonanci extension +100% upside
> Target 2 @ 200% +150%
> Indicator: EWO - doubled bullish divergence in TFW
Ada forming a diagonal pattern in a larger wave degreeGreetings
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
Bullish month ADABullish month ADA?
Trading at $0.61
Stoch Rsi = Bullish
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
Next potential target for ADAUSDNeeds to sty above both green trendlines to trigger the breakout *not financial advice*
Let's Grow UP Together "ADA"This point seems to be good..Of course with all that is happening lately!
Of course the price will go down a little more..
(If it goes down)
then it would be a good opportunity to make a good profit.
* TIPS
**watch out for big players**
***and Always ALWAYS risk management***
Cardano (ADA) Price Analysis: Bulls Eyeing $1.201 Target Amidst ADA is currently trading within an ascending channel, with the price recently testing the upper boundary.
A breakout above the channel resistance, supported by a decline in Bitcoin dominance, could propel ADA towards $1.201.
Key support levels lie at $0.618 and $0.578, which could act as launchpads for further upward momentum.
Technical Analysis:
Cardano (ADA) has been on a bullish run since the beginning of the year, gaining over 50% in value. The price is currently trading within an ascending channel, with the upper boundary acting as a strong resistance level.
Ascending Channel:
The ascending channel is characterized by two parallel trendlines, one sloping upwards and the other sloping downwards. The price action oscillates between these trendlines, creating a series of higher highs and higher lows.
Resistance and Support:
The upper boundary of the channel, currently at $0.825, is a key resistance level for ADA. A breakout above this level could signal further gains towards the next target of $1.201.
On the downside, the lower boundary of the channel, currently at $0.618, provides support to the price. A breach of this level could lead to a retracement towards the next support level at $0.578.
Bitcoin Dominance:
The recent decline in Bitcoin dominance has been a tailwind for altcoins, including ADA. A continued decline in Bitcoin dominance could provide further support to ADA's upward trajectory.
Conclusion:
The technical outlook for ADA remains bullish, with the price poised for a breakout towards $1.201. The ascending channel pattern, coupled with declining Bitcoin dominance, suggests that the bulls are in control.
However, investors should exercise caution and practice risk management, as the cryptocurrency market is known for its volatility.
Disclaimer:
This analysis is for informational purposes only and should not be construed as investment advice. Please do your own research before making any investment decisions.
✴️ Cardano | Long-Term Bullish Potential Revisited (2025 ATH)Cardano (ADAUSD) hit a major low in early July 2023 at $0.23. This level was never visited again.
In September and October 2023, a higher low/technical double bottom happened at $0.24. We are now in the bullish zone.
Cardano moved and closed weekly above EMA100 but more interestingly and an even stronger signal is EMA300. ADA is trading above this level as well.
The current weekly candle/session is trading at the highest price level since May 2022 after closing last week full-green.
This whole dynamic depicts a bullish bias so let's consider the targets we have for 2024.
1) $1.20 can happen in the short-term (within 30 days).
2) $1.87 and $2.45 can happen mid-term (within 1-3 months).
The remaining targets would be Cardano near to or at new All-Time Highs and this can happen either long-term (within 6 months) or long long-term (6 months+).
1) $2.85
2) $3.90
3) $4.90
4) $8.11 All-Time High potential in 2025. Rough estimate, can be much higher based on how the market action will develop.
Thank you for reading.
Namaste.
Bullish on ADA - Next Stop at USD 0.80As with the crypto market as a whole, we are optimistic about ADA. There are several indicators that suggest that this altcoin will outperform many others. There is currently a favorable entry opportunity for a long position in ADA. We are setting a tight stop loss and targeting the area just below $0.80 USD. Some Elliott Wavers give USD 0.84 as a price target. We are somewhat conservative in taking profits, as our target range includes a significant order block from May 2022, which is likely to act as resistance. However, this does not change the very bullish sentiment, so we view any Elliott analysis as support for our bullish view on ADA.
Cardano weekly chart update👀👍Cardano weekly chart update
We have a beautiful bullish break above the important volume POC at 0.45 dear #CardanoCommunity 👀👍
Here are my TP levels based on FIB retracements
and please consider the lack of volume on the way up
TP1 at FIB 38.2% 🟢 0.60
TP2 at FIB 50.0% 🟢 0.825
TP3 = $1 mark⚪️
TP4 at FIB Golden Pocket 🟢 1.20
Of course a bearish scenario always has to be considered - visit 0.23 again after a fakeout
Less likely IMO😎
Comments💭, Likes♥️ & Follow🔗 appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
ADA confirming breakout out of channel. Looks like it’s well on the way to its target. *not financial advice*
