Best buy for $ADA (Cardano) before $36CRYPTOCAP:ADA create a rissing channel and make a new cycle and possible to touch $36 in the next bull season.
This time is a best time to buy for CRYPTOCAP:ADA at around $0.3836 - $0.3600
Buy and hold !!!
ADAUSDT.3L trade ideas
ADA Swing long idea The ADA (Cardano) long thesis derived from analysis of Fibonacci retracement, with particular emphasis on the golden pocket retracement level. The analysis is complemented by robust backtesting, a key horizontal level which acts as a support zone. The identification of a potential Swing Failure Pattern (SFP) and alignment with a predictive parallel channel acts as technical confluence, reinforces confidence in the long bias.
In navigating the upward trajectory, traders should identify and monitor key horizontal levels, which may serve as profit-taking opportunities. Concurrently, the implementation of risk management is imperative to mitigate downside exposure.
ADAUSDTADA analysis
Daily and 4-hour time frame
ADA is near daily support. The price can move up and grow at least 50% after hitting the 4-hour support, which is inside the daily support.
For a long-term hold, the price is a very good place and you can set much higher goals for this currency
The price plunged significantlyCardano tried to hold the support level but failed, resulting in a close below it. After a retest, the price plunged significantly. Currently, the price is near the support area around $0.35, which could be the next key area to watch.
Cardano (ADA):Multiple Rejections From EMAs / Breakdown IncomingCardano has made a good movement after having multiple successful re-tests of that 200EMA, where each one of them gave more and more confirmations of the seller's dominance.
With that being said, we are now back at the liquidity grab zone, which is also a smaller support. Upon breaking it, we should see a really good downward movement here!
Swallow Team
ADA's PERFECT Entry Is Here! To The Moon And BeyondIf you've followed my analyses for a while, you must recognize this chart. I've been looking at ADA's long-term bullish channel for almost a year at this point. Check my previous analysis below.
And today, our (potentially) entry of a lifetime has been hit! Assuming that ADA will keep trading within this channel, the entry is a no-brainer.
As some other investors rightfully pointed out, a 25$ target requires a massive move which is not the most likely scenario (hence the huge risk-reward). For more defensive traders, I've added a new trade with a target at 3$.
Happy to hear your thoughts
ADAUSDT Bearish ForecastHello there,
ADAUSDT dropped to support area 0.4439 then went above the 36-DEMA formed a higher low above it and high above the previous high of 0.4536 and the current candle seems bullish above this previous high.
I expect the price to go up to reach the 0.4800 supply area, where it will likely be rejected from that area, and then drop to 0.3836 with two price targets.
Happy Trading,
K.
CLEAR AS DAY! ADAWe can look at the chart and see exactly what level needs to be claimed for me to consider this project bullish!
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Opened ADA UP position at 0.482 price with 5x leverage Hi everyone,
In last 3 days ADA price increased on over 10% and I think that it's just a beginning.
I just opened ADA UP position at 0.482 price with 5x leverage on Fybit trading platform.
First target is 0.52, Second target is 0.62, Stop loss at 0.42
This is a high risk trade but potential reward is worth it.
Please, do not forget to boost this idea & share it with your friends; thanks.
SasanSeifi 💁♂ Daily Price Analysis (ADA)Hi there!✌
As can be seen on the daily timeframe, the price has been on a downtrend from the 0.80 cent range. Following the breakdown of the 0.45 low, the price has experienced positive volatility within the liquidity range. Subsequently, after reacting to the 200 EMA range, it has once again faced correction due to the failure to establish above the 0.50 cent range and the EMA. Further correction to the 0.38 cent demand zone and the 0.30 cent zone can be considered. The probable trend is also indicated in the figure above.
After ranging and positive fluctuations, we are expected to see a further correction to the demand zone and the BULLISH BB. Then, we can expect a ranging trend and a positive reaction from the demand zone. In case of positive fluctuations, to better understand the continuation of the price movement, it should be observed how the price will react to the important 0.50 cent range to better understand the continuation of the price movement. The 0.50 cent range is a significant resistance level.
In addition, Expect ranging with potential for further correction followed by a bounce off the demand zone. The key resistance is 0.50 cents. A breakout above 0.50 cents and the 200 EMA could signal growth to 0.55/0.60 cents.
Please note that this is not financial advice and should not be taken as such. Always research and consult with a financial advisor before making investment decisions.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Considering a Long-term Long position at ADA ( Cardona ).As we know ADA reached a higher high last February. That means it shows strength to rise again, even to make a higher high. Some might say Change of Character (CHOCH) formed here. What I am seeing is not CHOCH, just gaining some strength while BTC is going down. Closing a candle above 0.525 in 1W TF will be a huge confirmation to go even further. I am waiting for the Break of Structure (BOS) or CHOCH in the 1H-4H timeframe.
ADA - A GOOD TIME TO APE IN
Quick one yeah, you might want to start buying BINANCE:ADAUSDT now assuming this is the end of the wave Y-green of wave 4-orange or wait a bit for price to create another leg to $0.3622 which will bring us to the second scenario that the previous high, wave X-green is our wave 5-orange instead.
If the later is correct then we ill definitely see price retrace to the 60-79% Fibonacci level as wave larger degree wave 2. Whichever way, ADA might be bearish short term but bullish mid - long term.
OTHER ANALYSIS
ADA - PICK YOUR POSITION NOW AND ON HE LAST DIVE
This is the BINANCE:ADAUSDT update for our daily timeframe (see chart below for context) I strongly believe there is just one last leg down from $0.400 - 0.3550. From there will be an aggressive buying I have a limit order in that region adding to my initial position.
Also, from the daily timeframe we seems to have a support the which price has been testing.
PREVIOUS ANALYSIS
OTHER ANALYSIS
BINANCE:PIXELUSDT
BINANCE:APEUSDT
BINANCE:NOTUSDT
BINANCE:PEPEUSDT
BINANCE:BTCUSDT
ADA (CARDANO) RETIREMENT SETUP - MACRO ANALYSIS - $35
This is the macro view of the daily timeframe analysis
I have already aped in BINANCE:ADAUSDT and already set a limit order below to DCA around the 60 - 80% Fib (see daily timeframe for context). This whole idea is invalidated one price retrace 100% from the last low created on the 10th of June 2023 which serves as the stop order. If average entry be $0.45, BINANCE:ADAUSDT should print at least 500% coming Alt Season.
What do you think? HOPIUM OR COPIUM?
OTHER ANALYSIS
ADA/USDTI think that wave 2 is over, so I will buy for wave 3. Wave 3 targets are included in the chart.
Market Update - June 17 2024many coins including #ADA have formed one of these two patterns (4H timeframe) and are ready for breakouts, we're currently in the indicated circle, if #USDT.D analysis works accurately, we'll be seeing pumps in such coins namely:
#DOGE - #FTM - #LINK - #QTUM - #ILV - #SUSHI - #APE - #FLOW - #GALA - #EGLD - #ALGO - etc
Buy Ada in the range of 0.3Buy Ada in the range of 0.3
Many people think that we are at the price floor of altcoins, but in my opinion, some altcoins will lose up to 30-40% of their value in the next 2 months
ADA/USDT From Bearish Wedge to Bullish PotentialBINANCE:ADAUSDT
Got it! Here is another detailed analysis of the provided chart:
Analysis of ADAUSDT (3D Chart)
1. **Falling Wedge Pattern:**
- **Formation Period**: The falling wedge pattern formed from around July 2021 to May 2022.
- **Pattern Characteristics**: This pattern is characterized by a series of lower highs and lower lows, converging towards a point. It's generally considered a bullish reversal pattern.
- **Breakout**: The breakout from this pattern appears to have occurred around May 2022.
2. **Post-Breakout Behavior:**
- **Initial Surge**: After breaking out of the falling wedge, the price surged upwards, reaching a target near $1.70.
- **Consolidation Phase**: Following the surge, the price entered a consolidation phase, with significant fluctuations between $0.2500 and $0.7000.
- **Current Price**: As of the latest data point on the chart, ADA is trading at approximately $0.4119.
3. **Support and Resistance Levels:**
- **Support Levels**:
- Near-term support around $0.3500.
- Long-term support could be inferred near $0.2500 based on historical price action.
- **Resistance Levels**:
- Immediate resistance around $0.7000.
- Major resistance around $1.70, the previous high post-breakout.
4. **Trend Analysis:**
- **Downtrend to Sideways Movement**: Post the breakout, there has been a transition from a downtrend to more sideways movement, indicating possible accumulation.
- **Potential Bullish Momentum**: If the support levels hold, there could be a potential for bullish momentum, especially if the price breaks above $0.7000.
5. **Indicators (not visible in the provided chart, but commonly used):**
- **RSI (Relative Strength Index)**: Would help determine if the asset is overbought or oversold.
- **Moving Averages**: Useful to identify trend directions and potential support/resistance levels.
- **Volume**: Important to confirm the strength of price movements and breakouts.
6. **Price Targets:**
- **Short-term Target**: Breaking above $0.7000 could push the price towards $1.00.
- **Long-term Target**: If bullish momentum continues, reaching the previous high of $1.70 is possible.
Conclusion
The ADAUSDT chart shows a significant pattern with potential bullish implications if key support levels hold and resistance levels are broken. Traders should watch for confirmation of trends and consider indicators like RSI, moving averages, and volume for more informed decisions.
Cardano (ADA): Another Attempt To Breakdown!Cardano has made another attempt to breakdown the local triangle formation after forming a quick lower high zone on the upper line.
We are looking for the current price to stay below EMAs, which would result in further movement to lower zones and a price securing that zone below the lower trend line!
Swallow Team
Cardano (ADA): Waiting For Breakdown Of Triangle Formation!Cardano is looking nice, forming a triangle, pressing both the lower and upper sides, and tightening the end gap of the triangle.
We are keeping an eye on the formation and also the EMAs here, which are indicating a potential further drop to happen here.
The reason is simple: We had a nice liquidation on April 12th, and we had some small re-tests (but they were weak), which indicate a potential further drop to happen.
So as long as we hold EMAs and move inside the triangle, we should be good for a possible downward movement here!
Swallow Team
Candano - nice setup for further rally!Technically Cardano looks very nice to advance the coming months - bottom pattern, RSI divergence, and IMACD support show this rally has lags.
Fundamentally, Cardano's technical advantages and ambitious upgrades could make it a solid pick. You can use Cardano tokens to pay for services and cover fees on its underlying blockchain network, which is designed to support complex transactions in fields such as finance. Unlike the current market leader, Bitcoin, Cardano is programmable. On top of serving as a way to store and transmit value, it also allows users to create self-executing programs called decentralized applications (dApps), which offer services such as asset exchanges and art markets on the network.
Cardano - It is Over Soon (or Not?)Horrible chart - only 1 cent lower is a MUST SELL ALL signal. It's very disappointing, but numbers are numbers.
Chart - negative trends, momentum and Corel Trend clearly confirm
MACD - far in negative trend
RSI - heading south, not oversold yet
iMACD - negative + negative
Better to sit on the fence and not lose anything than continue...
BINANCE:ADAUSDT BINANCE:ADAUSD
POSITION :ADAUSD tim frame 4-hourEducational analysis of ADAUSD currency for buying in the four -hour time frame
