ADA ready to for lift off!I have taken ETH's first DeFi bull run and laid the bar pattern into 15 months ahead. I think ADA is gearing up now to begin this HUGE run! Not financial advise! God Speed!
ADAUSD trade ideas
[ADA/USD] Cardano attempting to enter bullish zoneA breakout from downtrend line on daily chart, BINANCE:ADAUSD is now meet with its 220EMA & trying to break above it to officially enter the bull territory.
As precaution, do prepare a rejection on 1st attempt. A bullish theme nevertheless.
CARDANO flashing the strongest buy signal in 1 yearCardano (ADAUSD) just gave the strongest long-term buy signal possible on the 1W time-frame as the 1W LMACD is forming a Bullish Cross. That is the first such formation in almost 1 year (since October 09 2023), indicating that we have the most powerful buy signal at hand.
The 1W RSI has been ranging since May, practically for the majority of the time that ADA has been trading below its 1W MA50 (blue trend-line).
Basically as you can see all the above conditions are identical to the previous Bull Cycle, where a Bullish Megaphone emerged on a 1W LMACD Bullish Cross and after a 1W MA50/ MA100 Bullish Cross, the bottom was formed, while the 1W RSI was consolidating.
This time we have all these formations emerged again, so any week now, Cardano could start its new Parabolic Rally. With a Higher Highs trend-line setting a clear Resistance, we see a $5.00 price as a strong Target for the Cycle Top.
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Cardano - Buy IdeaCardano looks ready to move to the next stage of this current bull cycle. The clear break above the key-level resistance of $0.3500 is the trigger we were waiting for. Firing off a new buy position, targeting the next big resistance of $0.4230
ADA: Bearish ideaADA is not putting in the impulse moves that it needs to get out of the $0.24 - $0.4 range. It is looking more likely that price will retest the bottom of this range, and maybe breach it a little to reset the rout. There are many good things happening to the chain but price is not reflecting it.
The black count reflects the bearish idea. In this count we assume primary wave 2 is not yet complete and the 5 waves move up was the C of X. The price action right now should be one last leg down to complete wave 5 of C of Y. Price can go down back to $0.2 - $0.18 to test back 2021 consolidation structure. For me, this will be a major buy area if this plays out.
Cardano: RegenerationADA has recently recovered somewhat, meaning that our primary scenario remains unchanged. We continue to locate the coin in the magenta wave (iii), which should ensure gains above the resistance at $0.81 in the further course.
Is Cardano just another Dash - 5dayNot a huge fan of fractals, but it is interesting the similarities between these two over the years
Dash was released in 2014, Cardano in 2017.
I overlapped their first cycles; Dash is the blue line.
What do you think?
The Bullish Case for Cardano: A Strategy to Maximize Your GainsMarket Recovery
The overall crypto market is bouncing back, with ADA recently seeing a nice price increase of over 4%. This shows that investors are gaining confidence.
Key Price Levels
ADA is approaching the important $0.70 mark, and many traders are watching for it to break through to $1. This could signal further gains.
Exciting Developments
Cardano has made some exciting upgrades, like the Hydra scaling solution, which makes the network faster and more efficient. This could attract more users and boost its value.
Trading Strategy
As always I plan to use a probability-based approach to enter long positions. This means I’ll look for the best entry points while managing risk effectively based on X1X2 strategy and its indicators.
Take a look at these analyses to see the details behind this trade idea.
12M:
3D:
10H:
Cardano ADA has one more time touched the bottom areaCardano ADA has touched the bottom area one more time on the monthly ($0,25 - $0,35). With all the new functionality in the latest forks and excellent performance (Hydra), ADA will likely get up to $8 in this bull market, hitting this target between July and September 2025.
Cardano - [ADAUSD]Overall Trend :
The chart shows a clear downtrend from the peak in early March to the current date. The price has fallen from around $0.80 to current levels near $0.35.
Price Action :
There's a significant drop from mid-April to early May.
The price has been consolidating in a range between roughly $0.30 and $0.45 since June.
Recent price action shows some attempts at recovery, but resistance is encountered around the $0.40-$0.45 level.
Support and Resistance :
Key resistance levels appear to be around $0.45 and $0.50.
Support seems to be established around $0.30-$0.32.
Volume :
Volume bars at the bottom show higher trading activity during price drops, suggesting selling pressure.
Recent volume is relatively low compared to earlier in the year, indicating reduced trading interest.
Bollinger Bands :
The green lines surrounding the price action appear to be Bollinger Bands.
The price has been trading mostly within these bands, with occasional touches of the lower band.
Recent Movement :
There's a small uptrend visible in the last few days of the chart, with the price moving from the lower Bollinger Band towards the middle.
Potential Outlook :
The overall trend remains bearish, but the recent consolidation and small uptick could suggest a potential for a short-term bullish move.
However, significant resistance needs to be overcome for a trend reversal.
It's important to note that this analysis is based solely on the technical aspects visible in the chart. Fundamental factors, market sentiment, and broader economic conditions should also be considered for a comprehensive investment decision.
Crypto Analysis, Xinyi and ABCL UpdateMost crypto coins are showing good bullish setups which I will use to add to my positions. Xinyi still has room to add to a long position. ABCL stock that I have recommended before is not showing any positive signals so I won't add but at the same time I won't close my position.
Disclaimer: Not a financial advice. Do your own analysis
Why not coinsI don't believe crypto will be the future of finance, like I once did.. Mostly because that change hasn't happened in the real world with your everyday stores and purchases using it world-wide.
The people that sold on the way past 10k-20k-60k etc. are all out of the game and now we could easily run it the other direction, crushing bulls dreams along the way.
Ultimately I feel crypto will fail, but just incase I'm wrong and the USD does crash in the coming years, then at least I've got a few cheap coins, that should take off and skyrocket, if the USD flops.
Shown here is a Gann Square laid on the Weekly chart to a squaring method that's fairly common but I've modified slightly. Inside the square are 10th's ratios within a Gann Box. Lastly Elliot Wave ABC corrective wave on the weekly chart has satisfied all of my rules and could very-well be pushing this market into new higher highs.
Ready to Move?Here we go! Things look ready to move relatively soon.
-Volume decreasing linearly, usually the sign that big players have taken their profits and steered price action the way they wanted. Sets up for the next big move.
- Fisher ribbons aligning, can give direction and strength of a move when combined with other tools
-Volatility decreasing, a sign that a relatively large move is coming
- Stochastics pointed in the positive direction with low volatility usually means price action will break that same direction
-FED to cut interest rates in September
Question is, what will we do if it breaks to the downside...
ACCUMULATE,
Seanders
ADA primed for breakoutADA is retesting the top of this falling triangle pattern! I this looks very similar to October 2023!
The yellow box is the trap zone for the breakout. If we can get above it the Red box is the BIG test!
ADA FractalThis is a fractal from over two months ago. It's pretty crazy how close it's been to what has transpired. I don't necessarily think it's going below 30 some cents, but the fractal definitely indicates a big drop coming. It will be interesting to see it play out. If you look back, it's been very close to predicting movement for the last 2+ months.
ADAUSD - 4hr (Golden Cross)Price action respecting the 4hr moving averages currently. Will need to retest lower after the golden cross. Price action might look something like this for the next week or so.
ADA - weekly is TIGHTThe moving averages are getting tighter and tighter for ADA, which typically leads to big moves. What I'd like to actually see is these get even tighter, so spending another month or two in this .45 - .60 cent region will actually lead to a bigger move long term. PRICE TARGET $1.25-1.75 AUG-NOV timeframe.
What I expect to see is BTC shoot up to 83k in the next couple weeks, then 125k after that. I expect a big blow off top for BTC towards the end of the year. ADA will not keep up in that time frame. After BTC's high, then it will be alt season. Thats when I expect ADA to potentially make new highs, but I am not too optimistic about that this cycle.
If you like to look at other instances of this set up, look at BTC and ETH weekly moving averages back in October of 2023. The majority of the moving averages were within a 7% spread. ADA is currently around 14% spread.
ACCUMULATE ADA - 5daySeems time to accumulate CRYPTO:ADAUSD if you are in the know about Cardano.
- Fisher Transform Indication bands need to align themselves.
- Price will bounce around tightly packed moving averages between .32 cents and .44 cents.
- Price breakout to occur early Aug to early September.
- Volume structure also indicates this breakout.
- Historical volatility also on the decline which also reinforces this breakout period.
ACCUMULATE,
seanders
not financial advise
ADA in weekly chart Hello
I am not sure about what I see in this chart. I know all of you are in the opposite side and never have this idea in your alternatives but I do always.
I do not know if this idea comes true or not but please please do not trade your expectations and always try to see the charts without any involvement just like you do not know anything about its fundamental or the situation of the market or the news, because all these information are being provided to deceive you.
Do not trust anything except your chart and your trends because they do not tell you any lie (unless you have chosen a cheap Broker or Exchange).
Thanks
Cardano (ADAUSD) Possible Bearish Move.Cardano on a downtrend, with a possible continuation for sells, price heading to the sell zone after a BOS.
Remember: Risk Management Very Important.
A potential decend trade on ADAUSD..Based on Elliot wave analysis, i saw ADAUSD has completed its wave 2, right at 61.8 fibo level, or it can be possibly find as wave B of its A-B-C correction. Either way, it's time to go up..
Take a look on the chart to see my 1st and 2nd target.
Good luck!
CHEERS!
