ADA Double Top PatternADA price has moved below the neckline forming a double top pattern. Expected price target is the measured move at ~0.27 cents.by HelioHelix556
Cardano IdeaI'd like to know your thoughts on the following scenario. For me I can see -62% possible before showing a buying opportunity.Shortby Jehann111
#ADAUSD - Breakout or Fakeout? We Predict Drops..#CARDANO has shown a small burst of excitement in the last few days with this little break of trend as illustrated, breakout or fakeout is the question? After a historic 12 months of mammoth gains followed by a steady decline we can see the price heading back into an area of previous consolidation before the next big move occurs. _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥Shortby theCrypster223
Cardano Trading The Seven Swing CorrectionIn this update we review the recent price action in Cardano and identify the next high probability trading opportunity and price objective to target01:00by Tickmill3
ADA looking great in this zoneADA in a great place for contemporary buys and swings. None of this is financial advice. use risk to reward efferentlyby Explici_Gains113
ADA/USDT (Cardano)The breakout and retest is done. Its time to see some bullish run in the coming days. Longby VigneshRaja-UthayaKumarUpdated 227
ADAUSD - Crypto | Bearish Trend - MARKET EXECUTION ORDER 30 MinsADAUSD is a Crypto coin showing a Bearish Trend with LLs and LHs . It is expected that this trend will continue further. We are taking a market execution order because it has formed 2 consecutive bearish candles which shows a strong confirmation of bearish continuity.Shortby Mibbro0
Cardano (ADA): eyeing oversold sideIn line with general market sentiment during the previous week, ADA finished the week at lower levels from the week before. The $0.40 resistance line has been a tight task for ADA for two last weeks, so the coin reverted to the down side, and support line at $0.35, where ADA is finishing the week. With the latest price moves, RSI crossed the 50 line and headed to the downside, reaching level of 43. This is indication that the market started eyeing the oversold side. On a positive side is that moving averages of 50 and 200 days started moving quite close toward each other, implying that the Golden cross might occur in the near future. This would be an indication of potential positive developments for ADA, in terms of potential change of a trend. Indicators are showing the potential for ADA to move even to the lower grounds in the coming days. It should not be expected to make any significant moves, as daily trading volumes are low. ADA will start the week ahead by testing the $0.35 support line to the downside. In case that selling orders prevail, then there might be a potential move toward $0.33. At this moment, there are no indications that the $0.30 support line might be tested. In case that $0.35 manages to hold current selling pressures, then a short reversal is possible, but with decreased probability that $0.40 resistance might be tested again. by XBTFX2
ADAUSD - Potential Upward MovementADAUSD retested and got rejected around the lower BB. Likely will continue its upward movement. Exit at 2nd supply zone.Longby JoeBigBoi3
ADA_USD BEARISH TRENDBased on the Dow Theory and a 4-hour timeframe, the trading analysis of ADA/USD suggests a bearish trend. This is indicated by the price action of ADA/USD, which is forming lower highs and lower lows over time. This means that the sellers are in control, and the trend is likely to continue in the short term. Traders may consider short positions or staying on the sidelines until a clearer trend emerges.Shortby sunnytrader070
Expecting a pull backBINANCE:ADAPERP .We can see a pullback as we have a breakdown in trendline and the targets are marked in the chart with the sl. No Leverage or >3x lev is reccomended. #dyor #nfa #pov BINANCE:ADAPERPShortby REDZONEsFATHER1
ADAUSDADAUSD is in a short term downtrend. A sell setup is formed, a sell position is opened. Shortby EM_Trading_CompanyUpdated 115
Long on ADA/USDLooking for a nice push back to new supply zone as well to clear some recent liquidity built up on our SHORT trip. *trade at own risk*Longby LuxoraTrading0
ADA LongADA be breaking out of that bullflag hopefully. i wanna see it bounce back into the triangle after a little dip before conitnuation to target around 48Longby mcmchooray3
Are Cardano whales gearing up for ADA price recovery rally?Large wallet investors in the Cardano network have boosted their participation in the altcoin. Since the FTX exchange crash, whale and shark addresses owning 10,000 to 10 million ADA have scooped up a greater volume of Cardano. Based on on-chain measures and whale activity, the outlook for the ADA price is optimistic. Cardano whales are positive on ADA, as evidenced by an increase in activity. With the FTX exchange failure in November 2022, the Cardano network's major wallet investors have bought up significant sums of ADA currency. According to Santiment statistics, there is a surge in the volume of ADA held by sharks and whales who own between 10,000 and 10 million Cardano tokens. During November 2022, whales have purchased 659.53 million ADA tokens worth almost $235.5 million. Because huge wallet investors are major Cardano stakeholders, this turnaround is regarded positive for the Ethereum-killer altcoin. Why is it a good time to acquire ADA given Cardano's track record? Traders typically purchase a cryptocurrency when its price is low. Cardano has yet to regain the $0.41 level from February 4 due to a recent four-week market decline. Because the altcoin is selling at less than half its price in 2022, there is less risk in purchasing ADA today vs an average point in Cardano's history. Cardano is presently trading at $0.35, which is close to its weekly high of $0.36. Since February 13, the Ethereum-killer altcoin has resulted in a 1.2% loss for investors.Longby FOREXN1Updated 181822
Cardano (ADA) Entry alert. 183% potential profit#ADA /USD TA Update:- $ADA currently trading at $0.40 According to Coinlion Trend Trader Indicator, we got en Entry Point Long Alert for ADA at $0.40 There is a resistance at the 200EMA at $0.41. Cardano broke out the descending channel as expecting. Entry : 0.40$ Target point at $1.09 (183% potential profit) 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 :-) If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know. Thank you.Longby Coinlion_TT115
Cardano (ADA): strength is back It was a very good week for ADA. Investors' confidence is back and it has been clearly seen through the price of the coin and its moves since the beginning of this year. In addition, on Valentine's day, the Cardano network successfully implemented another hard fork, which will increase Cardano`s interoperability with other major blockchains, i.e. bitcoin and ethereum. ADA`s price reached level of $0,42 as of the end of the week, still, it ended the week around $0,40. RSI indicator reached level of 63, during the week, still, it is ending a bit lower, around 54. It still shows that market participants are still not ready to leave the coin to head toward the oversold side. Moving averages of 50 and 200 days are slowly converging toward each other, which is a quite positive sign, and indicates a potential cross in the near future. During the previous week, ADA managed to clearly pass the $0,40 resistance line. Coin is still moving around this level, which indicates the probability that this line will be tested in the coming days. In case that it is not clearly breached, then ADA might revert to the upside, slowly toward the $0,45 next resistance. However, charts are pointing to the probability of short testing of $0,38 level for one more time. by XBTFX5
Retest for 0.43 and 0.44 ranges creates bullish signal for ADAVery clear demand for ADA in conjunction with Bitcoin trying to breakout is creating optimism for ADA to leave the upper 0.30 range behind it.Longby lineardecline0
Cardano (ADA): weakness is holdingA positive market sentiment from the beginning of this year has slowed down a bit during the previous week, influenced primarily by the SEC`s moves toward the staking crypto products. A call from SEC Chair Gensler to crypto businesses is to follow regulation on all products with “lend, yield or earn” words and register them with the SEC. During the previous few weeks, ADA made progress toward the $0.40 resistance line, however, during the previous week, the coin reverted a bit to the downside and level of $0.36, where the coin is finishing the week. The RSI indicator was pushed to the down side and below the level of 50, reaching 47, which might be an indication that the market is slowly starting to look at the oversold side. Moving averages of 50 and 200 days continue to slowly converge toward each other, with still some distance between the lines, in which sense, the potential cross is still on a longer road. Moves from the previous week are just small market corrections. Current charts are still not clearly pointing that the $0.40 resistance has lost its momentum. Support line at $0.35 might be tested during the week ahead, but there is no indication on charts that this line might be breached to the downside. On the opposite side, resistance at $0.40 might easily be tested again. by XBTFX3
Cardano (ADA) EXIT alert ! 15% profit#ADA /USD TA Update:- $ADA currently trading at $0.367 Our CTT (Coinlion Trend Trader) told us to exit ADA at $0.36 which is currently trading above the 50EMA. Cardano did not break out the descending channel as expecting. So we follow the indicator and took a 15% profit (entry at 0.29$ on Monday 09th of January) Entry : 0.29$ Exit : 0.36$ Let's see if ADA decide to break out around 0.40$, if it's the case, next possible target will be at 1.10$ with a 179% profit. What do you think ? Please click LIKE button and Appreciate my work. Coinlion Trend Trader indicator tells me when to go short or long, when to exit and when to take profit. Thank you.by Coinlion_TT225
ADA support ZonesGeneral ADA support zones facing the SEC regulation onto Kraken Staking. Kraken appears to have a yield-staking product, not a yield-based staking product. Regulation is always bearish but strong trees survive the storms.Longby kibakilla33226
Elliott Wave View Suggests Cardano can See Further Correction LoCycle from 12.30.2022 low ended in wave (1) at 0.414 as a 5 waves. Up from 12.30.2022, wave 1 ended at 0.281 and pullback in wave 2 ended at 0.272. The crypto-currency extends higher in wave 3 towards 0.37 and dips in wave 4 ended at 0.325. Final leg higher ended wave 5 at 0.414 which completed wave (1) in higher degree as the chart below shows. Internal subdivision of wave 5 unfolded as a 5 waves diagonal. Up from wave 4, Wave ((i)) ended at 0.387 and pullback in wave ((ii)) ended at 0.347. The crypto-currency extends higher again in wave ((iii)) towards 0.399, wave ((iv)) pullback ended at 0.367, and final leg higher wave ((v)) ended at 0.414 which completed wave 5 and (1) in higher degree. Wave (2) pullback is in progress to correct cycle from 12.30.2022 low with internal subdivision as a zigzag. Down from wave (1) peak, wave ((i)) ended at 0.393 and wave ((ii)) ended at 0.407. The crypto extends lower again in wave ((iii)) towards 0.383, wave ((iv)) ended at 0.403, and final wave ((v)) ended at 0.38 which completed wave A. Expect wave B rally to fail below 0.414 for another leg lower in wave C to complete wave (2). Near term, as far as pivot at 0.414 high stays intact, expect the crypto currency's rally to fail in 3, 7, or 11 swing for further downside.by Elliottwave-Forecast227
Trading The Cardano CorrectionIn this update we review the recent price action in Cardano and identify the next high probability trading opportunities and price objectives to target00:58by Tickmill4