upward channel - 20 days EMA and short term black resistanceupward channel - 20 days EMA and short term black resistance line are both broken up I am very optimistic of ADA from now ( IMHO) Longby masonsafari8
Cardano: Bottom Formation? 🌱Theoretically, the current sideways movement could already be a bottom formation, meaning that the price will soon take off to the upside. However, we will only be convinced of this scenario (25% likely) if the resistance at $0.81 is breached. Primarily, we believe that there should be a setback before the low of magenta wave (ii) is placed. by MarketIntel6
ADA → DON'T FORGET TO GATHER YOUR COINShello guys... I think it is the best time to gather the coin that has potential, like Ada! you can buy it and sell it in 1.7$ and 3.6$ areas! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment Longby melikatrader94141437
Long ADA-USDADA USD making higher highs and Higher Loss we we entry at these levels we can make good profitsLongby The_Trading_G3ek2
Cardano ADA is again near the bottom areaCardano ADA is again near the bottom area before continuing the trajectory to the $5 to $7 price area per ADA in this bull market. As you can see in the monthly chart for Cardano ADA, the monthly RSI is just starting the next leg of the bull market.Longby centuo7
Relevant ADA levels in a hypothetical bull marketMany don't believe that Cardano will reach new highs in the next bull market. What's your opinion on this?Longby MrGekkoWallStUpdated 101045
Could price bounce from here?ADA/USD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 0.4151 Why we like it: There is a pullback support level. Stop loss: 0.3856 Why we like it: There is an overlap support level which aligns with the 161.8% Fibonacci extension. Take profit: 0.4660 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Longby VantageMarkets4
ADAUSD | Wave Analysis CUP&HANDLE Formation +200% TargetA potential ABC correction - cup with bull flag / flat handle ABC formation which currently retraced 61.8% of the A/1 wave with a possible a.4-a.5 stop hunt ending diagonal for a second false breakdown. Entry Position: Once price successfully recovered from the false breakdown support zone which could be a few attempts since wave 4 often a complex triangle. Indicator support: RSI bullish divergence in TFD confirmation of the a.5 wave. Target Position: TP1 @ 161.8% and TP2 @ 200% Fibonacci extension +200%! Invalidation: Below the lowest price position. Always trade with affordable risk and respect your stop, Good LuckLongby dukeposh339
ADA → Cardano Heading for $0.65!? In a Key Support Zone.ADA completed its 2-legged pullback per my previous analysis and even overshot the key support zone to Push #1 support at $0.41. Is this an opportune time to long? Previous Analysis: How do we trade this? 🤔 Cardano found support at Push #1 support from the previous bull trend around $0.40 and has rebounded to the Daily 200EMA. It's reasonable to expect a pullback from the 200EMA to the $0.45-$0.47 area in the Support Zone. We need a strong bull candle closing on or near its high followed by a confirmation candle to support the idea of longing ADA. Even with such price action, we should be cautious given Bitcoins likely pullback from its recent all-time high and halving period. That being said, it's reasonable to think Cardano will have more upside before it comes down and with the signal and confirmation bar off of the Support Zone, it's reasonable to enter a long position toward the $0.65 range. Take half profits at 1:1 Risk/Reward at $0.5635, move the stop loss up to the entry price, then swing the latter half of the position to Take Profit #2 target of $0.65. The likelihood of hitting $0.65 is less than ideal, but it's worth holding that second take profit target until the price action gives us a reason to exit the trade. This analysis is in alignment with my recent ADA Lifetime Analysis as seen here: 💡 Trade Idea 💡 Long Entry: $0.4767 🟥 Stop Loss: $0.3900 ✅ Take Profit #1: $0.5635 ✅ Take Profit #2: $0.6500 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. 2-Legged pullback completed at Support Zone. 2. Double Bottom pattern at Support Zone 3. Strong bull candle to Daily 200EMA, expect a pullback to the Support Zone. 4. Look for a strong signal candle closing on or near its high with a confirmation candle following. 5. RSI is at 41.00 and above the Moving Average, supporting the idea of a long position. 💰 Trading Tip 💰 It's reasonable to take half profits at the first resistance target in a long trade or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worrying about losing money, which helps improve trading psychology and the equity in your account. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading PsychologyLongby TraderEngineeringUpdated 8817
ADA / CARDANO - ICT / SMC Hey guys it’s Amir how you doing? So I took a look at ADA and actually it’s kinda nice setup, for now I wait to price to come back to FVG and then create LTF MSS What do you guys think?Longby amirhemo6
An optimistic Bull run scenario for #Cardano #ADAADA has already broken out from a W bottom with a pattern target of just under $1 A big question for ADA investors is, can Charles, help push Cardano to make a new #ATH We don't know Charles doesn't know But let's have an optimistic mindset there is a scenario I can see playing out where ADA males an inverse head and shoulders in the future and points to roughly 2X ing the previous. Bull trapping people who will assume it can got to $10 and beyond. Obviously any value above $3 is in the danger zone Longby BallaJiUpdated 3329
ADA: waiting to buy below $0.40Looking for a move down in ADA. Technically April 13th bottom at $0.40 could have been it, but the upward move since then looks to be a 3 waves move. It is possible that some kind of a leading diagonal is being formed, but it is not normal at a minor degree wave 3 of the primary degree wave 3. The path of least resistance is down at this time, so that is my primary count. I am waiting to add a good chunk to my bag at anything below $0.4. There is no bearish concern until $0.24 is breached. If the bottom is already in, then would like to see price move above $0.52 and preferably above $0.68. If that happens then will buy any dip on the retace.Shortby mukit12
ADA CARDANO FULL EW MODELan EW count on ADA showing 5 wave structure with corrective sequences Very simple and basic when we zoom out, can be labelled a few different ways, main thing is we can see clear 5 waves and targets reach fib extensions Will update when candles print by CryptoHolixUpdated 6613
ADAUSDI expect this pattern for ADAUSD for daily timeframe It is only my idea , act with your own strategyby A-SD225
(ADA) CArdano "green diamond strong long -- signal printed" There is a newly formed green strong long arrow that formed today. I only just now noticed it. Good sign. Longby CryptocurrencyBlot8
4hr ADA is WeakRSI is resetting. Price action continues to drop while RSI climbs and resets. Likely another down turn coming this week. .30 cent ADA looks likely in the coming weeks.Shortby seanders_Updated 1
(ADA) Cardano "Buy?"Some charts look better than others,. Cardano looks like to be dipping too low and should pop up in price, unless you believe Bitcoin is going to lose all of it's money invested after the halving. CCI says the price is primed for buying on most charts including ADA. Longby CryptocurrencyBlot9
(ADA) CARDANONext Phase? Could the next trend be even bigger than the three previously? Looks like that could be possible. How long will cardano slip, go sideways? Only time will tell. This picture is an imaginated outcome for the future of Cardano, and quite possibly all other altcoins, unless they don't apply, in example Solana (SOL). Longby CryptocurrencyBlot4
ADAUSD: 1W MA50 holding. About to explode parabolically to $5.00Cardano tested last week and held (closed the 1W candle over it) the 1W MA50 for the first time since October 2023. The 1D technical outlook is oversold (RSI = 29.115, MACD = -0.050, ADX = 36.349) and the 1W timeframe bearish (RSI = 44.076). The pattern it is printing though is very much like September 2020, when after successfully holding the 1W MA50, it started rising again until it broke out parabolically above the HH trendline. The Cycle top was formed a little under the 1.236 Fibonacci extension. Consequently we are targeting the same symmetric Fib (TP = 5.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope1125
✴️ Cardano Enters Long-Term Buy Zone For 2025 Bull-Run➖ We are expecting Cardano (ADAUSD) to go beyond $7 in 2025. It can even hit $8 or higher when the Cryptocurrency market enters its bull-market phase. ➖ 2023 was the recovery year; relief rally and right now we are witnessing a correction that is scheduled to produce a long-term higher low and then a major bull-market. ➖ Big green is expected to happen in the latter part of 2024 and most of 2025. ➖ Cardano (ADAUSD) has been green for six weeks straight now and today is the seventh; it won't continue red forever. Notice on the chart the "buy zone" in yellow, for those looking to hold ADA long-term. If you want to enjoy the entire bullish wave, it would be wise to accumulate. 👉 Each time prices drop, buy and hold. Namaste.Longby AlanSantanaUpdated 161684
LONG-TERM CARDANO PRICE TARGETCryptocurrencies will grow until the elections because of populism , so when a tighter monetary policy will be addressed because of inflation, it is not safe to hold risky assets such as cryptocurrencies. This analysis is based on past price acceleration. However, I expect a bit more because there are ETFs on Bitcoin, but you have to be realistic and not be too money hungry.Longby TAYBERR11
ADAUSD: The First Elliott Wave of the 2024 Cardano Bull MarketCardano has been expected to do well this crypto cycle, but even the one dollar mark has been elusive despite a strong bitcoin market as the driver for all of the crypto space. However, its chart exhibits a very nice Elliott wave structure resulting in a clear five-wave ascend into the 80 to 90 cent range. Along with bitcoin’s correction, ADA experienced a sharp pullback in mid-April, that closed and corrected the first full wave sequence of 2024, presented in this chart. by unbeldiUpdated 224
Cardano Update: Growth Since Entering at Wave 4Since entering Cardano at Wave 4, we've seen a 30% increase and anticipate further growth towards the overarching Wave (1). Subsequently, as expected, there should be a Wave (2), which would likely result in a deeper retracement, potentially flushing some participants out of the market. However, there remains a significant upside potential until then. The exact peak of Wave (1) is yet to be determined. We've already secured some profits and have adjusted our stop-loss to our entry price to avoid unnecessary risk. Given our long-term investment in several altcoins, there's no need for greed. Should we surpass Wave 3 significantly, we anticipate a ceiling around $0.90. Rest assured, we'll keep you updated, especially if there's an opportunity to take profits beforehand. Longby stromm_by_wmcUpdated 6