ADA (Cardano): Ready for the Breakout? An Elliott Wave Analysis.The price has broken above the $0.40 resistance level. Wave (3) should reach $0.4174+ to count as viable third wave. We need to see a 5-wave move that reaches $0.4279+ to have a first confirmation that a low has formed in wave 2. by MCOGlobal228
Cardano Daily TA : Support Levels and Potential Mid-Term TargetsBy examining the #Cardano chart on the daily timeframe, we observe that the price is trading in the 40 cent range. If the price can maintain the support zone of $0.35 to $0.385, we can expect further growth to higher targets for this attractive cryptocurrency. The medium-term targets for Cardano will be $0.42, $0.45, $0.51, and $0.58, respectively. The expected return in the medium term is between 15% to 40%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban Longby ArmanShabanTrading7726
ADA/USDT Weekly Chart Update.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: ADA is currently holding a historical supporting trendline that hasn't been broken since March 2020. A rebound can be expected, potentially allowing the price to test the resistance trendline at $0.58. The 35EMA can be considered a primary resistance level. A rejection or breakdown below the support line will likely drop the price by 34%, or in the worst case, 60%. On the higher side, a breakout above the 35EMA and the resistance trendline could trigger bullish sentiment and a rally toward the all-time high. Key Observations: ~ Primary Support/Entry: $0.3732. ~ Support 1/DCA: $0.2431. ~ Support 2/DCA: $0.1486. ~ Resistance 1: 35EMA ($0.48). ~ Resistance 2: $0.58. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACEby Cryptorphic23
$ADA looks bullish #cardano #ada price has formed descending wedge in mid term. Breaking out this wedge will be very bullish id #crypto market #btc gives chance.Longby naphyse6
Cardano ADA price at a crossroads before further movementLooking at the global #ADAUSDT chart One question arises : - Did the ABC correction already end in April at $0.40 in 🟥the red scenario? - Or is there another dive down to the $0.30-0.34 area according to🟦the blue scenario? The critical level from below is $0.40 The critical level from above is $0.50 Fixing the CRYPTOCAP:ADA price below or above the critical levels will decide the further price movement. Globally, in the medium or long term, we would like to see the price of #Cardano at least $1.5 _____________________ Did you like our analysis? Leave a comment, like, and follow to get moreby P_S_tradeUpdated 4420
ADA ADA failed in order block (1) and collecting the stop losses. So some up move possible. Or if ADA moving down and closed Ch line, the trend was changed. Order block (2) was next support zone. So ADA mitigate this zone and some up move possible.Longby rahulOffi1
Honestly, I don't feel like explaining, the chart says it all !!The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguard1156
ADA Bearish MoveCardano might be called an sleeping giant it has a great potential and good projects underneath but the price still discounted ; so for long term investing Cardano is one of the good assets must be invest of but for now we are seeing a downward momentum of this coin - if it will reach the last support zone it will be giving a good buying opportunity with a good Reward Shortby RayTrader123Updated 222
#adaAda recently bounce back from falling Chanel support and confirm the break out Its good chance to take long entry. Target is $0.4640 #NFA #DYORLongby DAY113
Cardano is trying to hold it's supportCardano's price is at a critical juncture, attempting to break the $0.3966 resistance level. Success could trigger a strong upward move, while failure might lead to a decline towards key support levels at $0.3652 and $0.3611. Currently trading around $0.3890, Cardano is trying to hold support after rebounding from the $0.3611 discount area, indicating a short-term upward trend.by MonoCoinSignal4
Cardano (ADA): Breaking Down Step - By - Step!Cardano has finally broken that liquidity zone after multiple re-tests of the local branch of EMAs. As we have broken the local support zone in the form of a liquidity line, we are looking for our target zone to be reached within a week or two, so keep your eyes open for any sharp moves that we might encounter! Swallow Team Shortby SwallowPremiumUpdated 7710
ADA ADA failed in order block (1). So ADA moved up side. Currently took the Inducement (💎). But ADA mitigated order block (a&b). This order block was small resistance zone. It's indicating some down side move possible. Order block (2&3) was next support zone.by rahulOffi1
ADA Bullish div on dailyNot just looking like a bottom here, also fundamentals are better and better. Lot of FUD during this last weeks, CARDANO is the better blockchain team takes whatever time needs to get things right at the first time. MACD also crossing to the upside.Longby Crypto_Boy_1
ADA to $1.20I believe it's possible ADA has now bottomed, as we can see the bright green dot indicator on Vumanchu B has been a reliable indication of a bottom. Short term or long term bottom depending on the broader trend. Besides the obviously large dump, and also large deviation from many moving averages (not shown in chart) - combined with the fact that ADA is amongst the most shorted cryptocurrencies right now. I believe it's possible we will see another uptrend towards $1.20 the coming months, given that BTC also acts accordingly.Longby xprojoepzz3
ADAUSDT 2D#ADA has formed a falling wedge pattern on the 2-day chart. Wait for a breakout from the falling wedge pattern and the MA200 before entering this coin. The targets are: $0.4644 $0.5305 $0.5840 $0.6374 $0.7135 $0.8104by Bithereum_io118
ADAUSDT Elliott wave countCardano may find support into 0.618 fib retracement of wave ((1)) ending a complex correction started from 0.8104. Price must clear 0.49 level before we may declare an end of the correction at 0.3575. Also oscillators are showing bullish divergence that may signal a potential shift of the trend.by Cross10XSignals1
Cardano: Price in Major Resistance AreaTrading Setup: There is a Trading Signal to Buy in ADAUSDT Cardano Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.375 ⭕️SL @ 0.353 🔵TP1 @ 0.444 🔵TP2 @ 0.525 🔵TP3 @ 0.729 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .Longby pullbacksignal10
Strong Bearish Momentum on CardanoHey Traders, in today's trading session we are monitoring ADAUSDT for a selling opportunity around 0.3870 zone, Cardano is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.3870 support and resistance area. Trade safe, Joe.Shortby JoeChampion335
ADAUSDTADAUSDT. Will ADAUSDT get bids from buyers ? As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 0.4 followed by 0.4500 What you guys think of this idea? by JustTradeSignals118
I think ADA will continue to grow.After long declines and reaching its price floor, it is now on good support and I think it will grow, slowly. Of course, according to the market and the price of Bitcoin, it seems that in this situation, the range of Bitcoin Ada has good growth, it is experiencing, and it appears that it will experience much sharper increase in the future.Longby khoshrang15
Will Cardano's downtrend end?📊 Due to the reduction of selling pressure in the market, if the range of 0.400 units is broken upwards and the price stabilizes above it, the price may increase to the range of 0.415 🎯and in the case of the strength of the range of 0.435 units🎯🎯. 📊 Otherwise, the price may fall to the range of 0.375 units.Longby arongroups2211
ADAUSDT.1DIn this technical analysis of the ADA/USDT daily chart, I'll delve into the current price trends, identify key technical levels, and analyze the implications of the observed indicators to project potential future price movements. Key Observations: Current Price and Movement: ADA/USDT is currently trading at $0.3876, marking an increase of 3.09% today. This movement indicates a positive sentiment in the short term. Support and Resistance Levels: R1 (Resistance Level 1): $0.3606 - This level has just been surpassed, suggesting it might now act as a support if ADA maintains above it. R2 (Resistance Level 2): $0.5263 - Represents the next significant resistance, a breach of which could confirm a bullish trend. S1 (Support Level 1): $0.2255 - This is a critical support level, providing a floor for the current price. S2 (Support Level 2): Not specifically marked but would be relevant if S1 fails to hold. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line is slightly above the signal line, indicating a bullish momentum, though the proximity of the lines suggests caution as momentum is not strongly bullish. RSI (Relative Strength Index): At 37.52, the RSI is approaching the lower bound of the neutral zone, indicating that ADA is neither overbought nor oversold but is moving towards potentially being undervalued. Analysis and Conclusion: The recent price increase in ADA/USDT, alongside the MACD positioning above the signal line, points towards a growing bullish sentiment. Having surpassed R1 at $0.3606, maintaining this level will be crucial for ADA to attempt a rally towards the higher resistance at R2 ($0.5263). The slight rise in RSI also supports the possibility of further upward movement, provided that ADA remains stable or grows in buying volume. Investors and traders should watch how ADA behaves around the newly established support at R1. A failure to hold above this level could see ADA retracing towards S1 at $0.2255, especially if broader market conditions turn unfavorable. Conversely, sustained positive momentum could see ADA targeting R2 in the upcoming sessions. In summary, ADA/USDT shows signs of recovery and bullish potential, with critical watch points at R1 for potential support and R2 for resistance. As always, traders should employ prudent risk management strategies, keeping an eye on broader market trends and news that could impact the cryptocurrency's price dynamics.Longby MarsSignals3
Ada usdt long.......I can long ada/usdt bases my analysis so please tell all the friends i am right or not..Longby Profitplayers4