ADA long trade executeda historical movement from january 2022 might be repeating in real time. protect your self with the stop loss and risk management. for me, i risk between 7.5% to 15% per trade. because i execute from 1 to 3 trades a month, maximum.by moesalama1
Cardano: Winnie the Pooh 🍯Like the honey-loving bear Winnie the Pooh, Cardano should grab deeper into the orange-golden honeypot between $0.39 and $0.31 to finish wave (ii) in blue. Although the main requirements to conclude the current movement have already been fulfilled by touching at the orange zone and Cardano could thus take off anytime, we rather expect the altcoin to advance ideally until the 100.00%-retracement at $0.34 before turning upwards. As soon as wave (ii) in blue is indeed complete, our crypto-friend should expand wave (iii) northwards.by MarketIntel1110
Ada(based on NEo wave)I think this is zigzag correction and this is the end of the branch.(for now!) I think this is more complicated correction and we should wait for it to show itself.Longby amazedLeader19980
ADA (Cardano) lets take some profit on short for now.#ADA /USD TA Update: CRYPTOCAP:ADA currently trading at $0.3594 According to Coinlion Trend Trader Indicator, we got en Exit Point Alert for ADA at $0.4 (04/21) Coinlion Trend Trader Indicator entered short at 0.3864 the 4th of may. Then takes 2 times Profit : 1) $0.365 (20% exit position) 2) $0.362 (10% exit position) (6,5% Profit). There is a strong resistance at the 200EMA. The same which has rejected ADA many times before But we have broken the descending channel. Now we have a support on the 200SMA at $0.352 and a liquidity zone support between $0.2986 and $0.30 Cardano can test again the channel which should be a support now aligned with the 200SMA and 50SMA around 0.357 + we can see that ADA is oversold. The trend might change soon as whales are accumulating a lot ADA. Lets see what happens and follow the indicator instead of our emotions. What do you think ? Please click LIKE button and Appreciate my work. Coinlion Trend Trader indicator tells me - When to enter short or long - When to exit and take profit :-) - Now CTT comes with the new RSI and Stochastic indicator IF YOU WANT we can give you the link to our free indicators : - Stop Loss indicator - Liquidity Support and Resistance Indicator - Buy and Sell signal - Automatic Fibonacci Levels with Higher and Lower Lows Thank you.Shortby Coinlion_TT223
#ADA doomsday scenario cast!Inherent in the risk of buying your favourite #crypto is to watch fade into non- relevance coupled with a non event #BITCOIN halvening which will happen one day! Just throwing out a what if scenario for #cardano those levels yielded a wonderful opportunity twice before, could it be a third time? by BallaJi16166
Ada longBouncing off the golden pocket from the fib Daily on stoch. Looks primed to move Still respecting the trend Going long here Longby ConGrowth331
DestinyIt is very important to buy some of this currency every month, don't worry about the price, because in the future these prices will be remembered and will definitely touch the $40 range.by Hossein_Fatapour_IRAN118
CARDANO (ADAUSD): Very Bearish Setup Explained ADAUSD formed a huge head & shoulders pattern on a daily. Forming the right shoulder, the price also made a descending triangle pattern. Both the triangle and the h&s had the same neckline. It was broken yesterday and a daily candle closed below that. I believe that the coin may drop lower now. Goals: 0.346 / 0.325 ❤️Please, support my work with like, thank you!❤️Shortby VasilyTrader6634
ADA BULLISH IDEA (DOUBLE BOTTOM)Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern) SL & TP Levels are defined.Longby khabeerkhalid1
Buy cardanoBuy cardano idea...Excellent shopping location@pakhching....follow me pleaseLongby razban_fx0
Trade ADA/USDTCryptocurrency traders have been keeping a close eye on the dominance of altcoins in the market. However, recent trends indicate that altcoins dominance is decreasing due to vertical and horizontal resistance. This has been coupled with the continued bleeding in the market, which is creating a perfect opportunity for traders to short ADA. BTC dominance is experiencing a bullish retest, which is an indicator of a bullish market trend for Bitcoin. This trend is likely to have a significant impact on the value of other cryptocurrencies, including ADA. As altcoins continue to experience decreasing dominance, it is becoming increasingly clear that traders should be cautious when investing in these assets. Shorting ADA at this time presents an excellent opportunity for traders to profit from the current market conditions. With the dominance of altcoins on the decline, it is becoming increasingly challenging for these assets to gain value in the market. As such, a short position on ADA could yield substantial returns for traders. In conclusion, with the current market trends indicating a decrease in altcoin dominance, coupled with the continued bleeding and bullish retest of BTC dominance, shorting ADA presents a viable trading opportunity. Traders should take advantage of this opportunity to profit from the current market conditions and maximize their returns.Shortby Quotum_consultancy1
Cardano Drop Incoming 50 and 200 EMA are negative. Clear head and shoulders pattern has formed. Price is struggling at the current support line. Lower time frame you can see a break below the support line. Price expected to drop 30%. Targets set at $0.302 For long term holders buy in that range.Shortby JayCryptoProfit553
ADA short signalA historical pattern from November/ December 2022 might be repeating in real time. place your stops, and lets wait and see what will happen.by moesalama0
Cardano: chasing oversold sideDuring the previous week ADA clearly started its reversal move. The support line at $0.40 had been clearly broken at the beginning of the week, and the coin continued its road down to its minimum weekly level at $0.37. Selling orders are prevalent at the end of the week, in which sense, it might leave some space for further drop in price until a clear oversold side is reached. During the whole week, RSI was moving below level of 50, finishing the week around 42. This is another indication that the market is chasing an oversold side. Moving average of 50 days is slowing down its divergence from MA200, putting into question the formation of the Golden cross. Current charts are clearly pointing that ADA is on the road toward the oversold side. Current price fall stopped shortly around $0.38 level; however, it should be treated as only a short term stop for ADA, on a road toward the $0.35 support line. There is some probability that this level might be reached during the week ahead. On the opposite side, there is a low probability that $0.40 resistance might be tested. by XBTFX226
ADAUSD 7May2023with prices that are quite cheap now and supported by analysis which illustrates that prices tend to fall again due to corrections, there's nothing wrong with waiting for an opportunity to be able to take even cheaper prices in the next few daysby Hokusai_FX3
BTC, ETH ADA, XTZ and NEO price forecasting and possible entriesWe are approcaching the time to get some entries preparing for crypto bull run as we are approaching Bitcoin halving that normally moves the market a lot. This is just my analysis and not a financial adviceLong18:32by MoemenAwadalla443
ADAUSD (Daily) - Bearish reversalHi Traders ADAUSD (Daily Timeframe) Waiting for the downward break of 0.377 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 0.419 would cancel the bearish scenario. Trade details Entry: 0.377 Stop loss: 0.439 Take profit 1: 0.350 Take profit 2: 0.307 Score: 7 Strategy: Bearish reversal Shortby Avramis334
ADAUSD - BULLISH DIVERGENCENo new lower low was formed and breaks the previous lower high as indication of trend change and secondly bullish divergence was also foundLongby umerishtiaque1
ADAUSD H4 Two Way Trading Opportunities In this update we review the recent price action in #ADAUSD and identify the next high probability trading opportunities and price objectives to target *Past performance is not indicative of future results* 01:06by Tickmill4
Cardano: emerging selling orders ADA had a relatively solid week. Although its price was suppressed to the downside and the lowest weekly level at $0.37, still the coin managed to make another move toward the $0.40 resistance line as of the end of the week. Highest weekly level was $0.41. Still, as of the weekend, selling orders started to emerge, which might impact the price of the coin at the start of the week ahead. Three weeks ago RSI was in overbought territory, so it was expected that the indicator will take the road to the downside. During the previous week, RSI was still weakly holding above the level of 50, with indication that there is no strength for the upside. Positive development is that MA50 continues to diverge from its MA200 counterpart, and supports the Golden cross. After reaching a clear overbought side, ADA entered into a cycle of short reversal. Current charts are indicating lower probability that the coin will be able to clearly break the $0.40 resistance line in the coming week. There is a higher probability that the price will shortly revert to the downside, at least till the $0.37 level, with lower probability that the support line at $0.35 might be tested. by XBTFX9
ADAUSDThere has been a break in structure for ADAUSD. A retracement has occurred, and a new high is immanent. A buy trade is opened. Longby EM_Trading_CompanyUpdated 4
ADAUSDADAUSD has been on a downward slope for some days now. It has found a resistance and I expect price to continue the move downward and make a new low. Shortby EM_Trading_CompanyUpdated 7
ADA could rise at 0.5 and aboveAfter the high in the middle of April, AdaUsd started to correct and found support at 0.38. With 3 reversals from this support (including yesterday's flash drop) this zone should be a strong floor and a new leg up is probable. 0.42 is resistance and a break here would expose 0.46 recent high with good chances of continuation to 0.5 and above. As long as 0.38 is intact, I'm bullishby Mihai_Iacob8818