Long AdaLong ADA at 0.429 support. SL at 0.387.
wait for it to come down to support. if break support then short.
ADAUSD.P trade ideas
Ada- #ada $ada Important Dear Friends
This is an important analysis for ADA. because the price touched an essential zone.
maybe it'll go up until 20-25%.
if it is not consolidated in the upper zone, it can go down to under 1$.
ADA need bullish candle on daily.ADA 12-24h will it draw bullish candles next two days?
We had a hammer, lets wait for Fed news and reaction.
It does look like Cardano spend some time in the accumulation and ready to go North.
Or it can test again and go to Hades to the South, that will be long trip to the Key West... lol
posibility key levels. cardano.the dxy is in the resistant levels of month charts. it is only a matter of time before we see a hard fall. the price can't just go up it has to go down too. that is the nature of the market. I see 2 important key levels with cardano. why i want to take this because i see a reversal pattern and such patterns play out really well at the right key levels. if the price comes on the 3rd touch of the channel line with a double bottom support. this is a solid level for buy. if the price does not hold the level then the next level is 0.34/030. for the taller holders this is a great price level. you can't lose in the long run. it's only a matter of time before the dxy falls. it could only rise for another 1/2 months, then it will fall hard and you will get a new great bull run in the crypto.
Cardano: A Vasil weekCardano`s Vasil fork is scheduled for implementation on September 22nd. This improvement will support Web3 developers with creation of decentralised applications. Cardano`s community is very positive about this network improvement, and it has been lately expressed through the price of ADA. However, latest market sentiment influenced by the macro fundamentals have slowed down the price of ADA during the previous week. Although ADA started the week testing $0.5 resistance line, general market sentiment moved the price to the down side during the week, and lowest weekly level at $0.45.
RSI had modest volatility during the week, moving from 56 down to 46. Charts are showing that the market still prefers the overbought side, regardless of the temporary RSI move below the level of 50. Moving averages of 50 and 200 days continue to slow down the convergence, putting the golden cross on a hold.
Current charts are pointing that ADA is still not ready to give up on the $0.5 resistance line. Another testing of this resistance will continue to be supported by the forthcoming Vasil fork, at least until the middle of the next week. On the opposite side, there is equal probability for $0.45 support to be tested again in the coming days.
TriangleceptionAda is trapped inside of two triangles, one nested inside of the other. On the one hour ADA looks primed to break above the 200 EMA, but it is met with heavy resistance.
Cardano 👨🚀 Wyckoff Accumulation 🚀Cardano Wyckoff Accumulation on the daily chart.
🚨 As long as #Bitcoin doesn't crash, ADA could moonshot once the whales are done accumulating in the next 24-48 hours.
💡 No "spring" move. OBV shows quiet buying when no one is looking. Stop loss below LPS at $0.425
ADAUSD Doesn't seem to be able to get out of its bearish trend.Cardano (ADAUSD) got rejected 6 days ago exactly at the top (Lower Highs trend-line) of the long-term Channel Down pattern that it has been trading in since the September 02 2021 market High. This is the 4th Lower High rejection of this structure and when that happened in the past, a strong rejection followed.
Cardano has been trading sideways for basically 3 months (since the June 18 low). As you see this has the potential to extend a green Channel if the price breaks above the Lower Highs. Until then, it would be best to sell again only if the 0.400 Support (July 13 Low) breaks and target the 2.0 Fib extension. A break above the Lower Highs though should extend this 3 month neutral trade and test first the 1W MA200 (red trend-line), which has been basically the Resistance during these 3 months, and secondly the 1D MA200 (orange trend-line) for the ultimate long-term trend test.
When ADA breaks and closes above the 1D MA200, then and only then we can consider a long-term shift of fortunes from bearish to bullish. The Bullish Cross on the MACD (on the 1W time-frame) could be an early indication of such a move.
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ADA long @ .461 10x leverageEthereum has entered a channel and I am adding this to my positions.
We are in a major support area and the macro environment is starting to bottom as well.
I may add onto this position as the day goes on.
I believe we will retest the 50-day EMA. This may be a scalp trade.
Ada 4h Chart Take a look at the 800-1080 ema on the 4 hour chat. Could break back up but, after being rejected off the 800 Ema it's hard to say that the outlook is going to be green in the near future. Be careful out there.
ADA 1 Day Chart with market CipherHere's a look at ada on the 1 day chart. With the Eth merge happening who know's what could happen. Be careful out there.
ADA first 0.3 and 1.2$Cardano seems to be in a big wave a of a flat, which ends at $0.3 and $0.2. If we see a repeating pattern, the expectation of after the completion of wave A can grow in the form of wave b to the range of $1.2.
ADA 4Hr Update#ADA long trade is still up 6.3%. #Cardano has been declining the past few days. Hopefully it picks back up before it needs to be closed.
Cardano ADA long-term view - bottom or more pain?Cardano ADA long-term view - bottom or more pain?
Both $0.38 and $0.16 are support levels of high volume and price action
The chance that $0.38 was bottom for ADA has increased since we see RSI breakout ↙️
Follow appreciated - any comments dear Crypto Nation ❓😎
*not financial advice
do your own research before investing
ADA 4Hr Candle Update#ADA is still in a long position for me. Currently at $0.513 #CardanoADA is up 8.7% from my buy price.
Cardano: is $0.55 the next target?News regarding the new Vasil fork, scheduled for September 22nd, continues to support the price of ADA. Although the coin started the week in red, moving down to the support line at $0.45, the rest of the week was in the green zone, where ADA managed to reach the resistance line at $0.50. The coin is ending the week clearly testing this level.
The RSI moved from the level of 45 up to 57, clearly indicating that the market is eyeing the overbought side, which might bring further support to the price of the coin. This might continue till the final implementation of the fork as of the end of September. Moving averages of 50 and 200 days are slowing down their convergence toward each other. There is still a long distance between two lines, in which sense, the golden cross continues to be on hold.
Vasil fork will certainly continue to support the price of the coin in the coming period. As ADA is finishing the week by testing the resistance line at $0.50, there is high probability for this line to be broken to the upside. Next resistance line for ADA stands at $0.55 which might be tested in the coming week. On the opposite side, there is some probability for the $0.45 support line to be tested one more time.
ADAUSDADAUSD
if make new HL Prepared Buy Week 3 Sept 2022 :
Buy : 0.517
Target : 0.578
Stop Loss : 0.463
I expect a major crash in Cardano priceCardano still in this consolidation since May 2022. But, this it's not an accumulation zone, I see that bulls are trying to fight, but bears are taking control into this downtrend. And remember that FED it's very crazy to tight the interest rates and value of U.S. Dollar, what we expect a major crash in ADA.
So, I look first that this it's a re-distribution zone where we're in the bear market, and sometimes this look like the end of the bear market. But to know when the bear market ending, it's very necessary to have in mind the macroeconomic and microeconomic aspect to know what happen in the global economy. During the years I found out that cryptocurrencies make their movement what Forex market do, and sometimes as crypto-trader we could to take advantage reading everyday Forex market to take a perspective to trade cryptocurrency very well and choose some pars to trade. But I'm very interesting to learn about this correlation that crypto and forex show.
But talking about in weekly timeframe, I expect a crash that could to carry the price to $0.23 cents approx. Also I'm note that Cardano forming a symmetric triangle in Daily timeframe that it's look very interesting to check out.
I'm still bearish in weekly timeframe!!!
CARDANO is now bullish targeting 1.3 CARDANO is now bullish targeting 1.3 as a wave target and found go beyond.
ADAUSD- SHORT ( from top of a parallel channel)COINBASE:ADAUSD
ADA is in an ascending channel and now sitting below the trendline resistance; In consideration of the
Fibonacci retracements from the prior uptrend, on the chart I can see the first potential target of 0.47335
which would represent a profit of about 5% in the short trade over perhaps 3 days. A stop loss of 0. 006
above the entry would yield a reasonable reward for that risk.
Cardano: Bullish Cypher at an 88.6% RetraceWe have Bullish Divergence on the Weekly MACD and a Bullish Engulfing of the Previous Week at the 88.6% Retracement. I would like to call this a Shark but we are missing the 1.618 Extension however due to some of the other Bullish Variables i think that i would instead see this as a Bullish Cypher that went a little too deep to the 88.6% rather than the 78.6% retracement as we sttill have the 1.272 Confluence here.
