my predictionthis is not trade advisment. I hope cordana will be 2.48 dollars and then 1 dolar, and then 10 dolars.
ADAUSDT.P trade ideas
Keep an eye on #ADA/USDT Diagonal Trendline and FVG in 4-Hour TFKeep an eye on #ADA/USDT Diagonal Trendline and FVG in 4-Hour TF!
Wait for a successful retest to open a long position. There is a bullish order block below the FVG so another confluence for bullish momentum.
ADAUSDT - Possible breakout of resistence on 1h TFIf we close bullish candle above resistance, then successfully rest our resistend we can expect higher bullish movement, who can give us good opportunity to long position with reasonable RRR. But for this idea we need wait little bit for multiple confirmations as mentioned.
ADAUSDT-Cardano buy and sell level Cardano wave path with buy and sell levels. short time bearish and long term so bullish
ADAUSDTUpdated my CRYPTOCAP:ADA plan I think this one is actually better.
One before doesn't take enough profits early enough.
This strategy isn't as conservative as it seems.
Your balance is reducing every time you sell so it's like reducing balance method for depreciation in accounting.
ADAUSDT1. Scale out profit taking plan for ADA.
2. I am well aware there is a chance ADA may not reach ATH high again.
3. However it is important have pre-defined profit taking strategies on the way up.
4. Can always adjust as we approach overall cycle highs.
ADA (Cardano)Cardano is trying to find it's last bottom before the journey to the new all time high starts.
ADAUSDT1. I think 67 cents is now on the cards for ADA soon.
2. We have looked good since breaking that horizontal resistance and we are in a good buy zone.
3. Nice buy order block here where we had previous strength back in December 2023 where ADA almost did a 2x.
Technical Analysis of ADA/USDT Chart (Cardano/Tether) Key Levels in the Chart:
1. **Support Area (Green Zone):**
- This zone is near the $0.30 level and acts as a strong support. The price has reacted to this area several times.
2. **Resistance Area (Red Zone):**
- This zone is near the $0.80 level and acts as a strong resistance. The price has touched this area multiple times but failed to break through.
3. **Weekly Liquidity Levels (LIQ):**
- At the top of the chart, the $1.038 level is marked as a weekly liquidity area. This zone likely has a high volume of sell orders.
- At the bottom of the chart, the $0.1276 level is marked as another weekly liquidity area. This zone likely has a high volume of buy orders.
Other Key Points:
- **Change of Character (Choch):**
- Points indicating significant changes in price trends.
- The first Choch occurred near the support area around $0.30, indicating a trend change from bearish to bullish.
- The second Choch occurred near the $0.65 level, indicating a trend change from bullish to bearish.
- **Break of Structure (Bos):**
- Points indicating the breaking of support or resistance and trend changes.
- The first Bos occurred near the $0.50 level, indicating a break of support and the start of a bearish trend.
- The second Bos is near the $0.45 level, indicating a potential break of the bearish structure.
Technical Pattern:
- **Symmetrical Triangle Pattern:**
- The price is currently forming a symmetrical triangle pattern, indicating consolidation and decreasing volatility. This pattern usually precedes a significant move.
- The peaks and troughs of the pattern are converging, and a breakout is expected soon.
Trend Analysis:
1. **Bullish Scenario:**
- If the price breaks out of the triangle pattern upwards and breaks the $0.80 resistance, it may move towards the $1.038 liquidity level.
- Target levels in this scenario:
- $0.80 (Resistance Area)
- $1.038 (Weekly Liquidity Level)
2. **Bearish Scenario:**
- If the price breaks out of the triangle pattern downwards and breaks the $0.30 support area, it may move towards the $0.1276 liquidity level.
- Target levels in this scenario:
- $0.30 (Support Area)
- $0.1276 (Weekly Liquidity Level)
Volume Analysis:
- **Volume:**
- Decreasing volume during the formation of the triangle pattern indicates declining trader interest. A sudden increase in volume may signal a breakout and the start of a new move.
Conclusion:
The ADA/USDT chart indicates a consolidation phase in a symmetrical triangle pattern, likely leading to a strong move soon. Traders should watch for potential breakouts from the pattern and make decisions accordingly. Support and resistance levels are crucial, as their breakage can signify important trend changes in the market.
ADAUSDT 23 May 2024 Personally believe that if ADAUSDT breaks 0.5200$ , It can go for higher prices
What is your opinion about this pair ?
ADA [ SHORT TERM BULLISH MOMENTU]As of now ADA move is so confusing it's because of the ranging price action ; however the wave B of this coin is not yet done we are expecting to go upward and will hit our wave B target
ADA : Extreme WEAKNESS, be CAUTIOUS👎BINANCE:ADAUSDT
Cardano, like XRP and a few others, have been left behind during the recent BTC surge. We're about to see another leg up on BTC and likely a new ATH but ADA is barely able to break out of accumulation zone successfully.
A few other altcoins that call for concern include the following:
Other altcoins are sowing more promise. Volatility is infact, what attracts many users to crypto. There are a few coins that we are holding for longer term "investments" but projects that have been around for many years and fail to reclaim highs just speak to weakness. If we wanted a steady 7%, why not just get a savings account.
You could be trading 5 other profitable altcoins instead of holding onto a dead, slow mover (unless ofcourse you have other reasons, such as a fundamental belief).
Altcoins that are STRONG and moving with the trend as opposed to ADA, include the following:
______________________________
ADA Cardano will reach $1.6 this yearThe psychology of market cycles says it's likely.
*$1.6 is the level where the trend line was broken and the main downtrend was entered in 2021, which makes it an important level.
*It is possible that it will no longer go below 45c.
*If the price does not delay, $1.6 will be reached in the summer
LONG ADAUSDTLast time, I believed with considerable certainty that Cardano would go up, but the very strong support it had formed broke down and we got more evidence of a fall.
Now, considering the favorable conditions of the market and the recently formed support line, I expect it to move upwards and touch the specified targets.
It is possible to make a good profit from Cardano, considering the rise of other currencies in the previous months, but Cardano did not move significantly.
Let's see what happens this time
#ADA/USDT#ADA
The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside
The price rebounded well from the lower border of the channel at the green support level of 0.400
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price 0.4500
The first target is 0.5080
The second target is 0.6000
The third target is 0.6870
ADA: risk for buy📊Analysis by AhmadArz:
🔍Entry:0.426
🛑Stop Loss: 0.391
🎯Take Profit: 0.461 - 0.497
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
ADA Potential Target 2.4$ & also good for long termCardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
To learn more about this project, check out our deep dive of Cardano.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Cardano was founded back in 2017, and named after the 16th century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.
Cardano (ADA): Rejection From 200EMA / FakeoutCardano has made a really nice rejection after that massive breakout from the triangle formation.
We are now looking for further movement to the lower zones, possibly touching that support zone there as well!
Swallow Team
Bullish on AdausdtPrevious week low has taken and then on H4 market make higher high due to which trend has been changed. Now waiting for atleast 50% retracement and then will buy and target will be the Monday’s high.
ADAUSDT.1DUpon reviewing the ADA/USDT daily chart, several critical technical indicators and levels emerge, providing insights into potential price movements.
Trend and Resistance Analysis:
The chart shows that Cardano (ADA) has faced significant volatility, with the current price at approximately 0.4668 USD. The price is currently attempting to recover from its recent lows. There are two major resistance levels to watch: R1 at 0.5263 USD and R2 at 0.6852 USD. The price recently faced rejection at R1, indicating strong selling pressure around this level. Breaking above these resistances would signal a potential reversal of the current bearish trend.
Support Levels:
On the downside, the primary support level is identified as S1 at 0.3606 USD. This level has shown strong buying interest previously and could act as a floor if the price continues to decline. Below S1, the next significant support level is S2 at 0.2255 USD, which has also been a critical support zone in the past.
RSI and MACD Indicators:
The Relative Strength Index (RSI) is currently at 49.38, indicating a neutral position. The RSI is neither in the overbought nor oversold territory, suggesting that the market is currently undecided. The Moving Average Convergence Divergence (MACD) indicator is showing signs of a potential bullish reversal. The MACD line (blue) is approaching the signal line (orange)
from below, and the histogram shows decreasing bearish momentum.
Volume Analysis:
The volume pattern indicates that trading activity increases during price declines, suggesting strong market reactions. This heightened volume during downward movements implies significant selling pressure, but it also means that any positive news or bullish signals might lead to a swift recovery due to the existing oversold conditions.
Conclusion:
In conclusion, the ADA/USDT pair is currently in a neutral to bearish trend but is showing signs of potential stabilization around key support levels. The RSI indicates a neutral position, while the MACD suggests a possible bullish crossover, which could signal the beginning of a recovery phase. Traders should closely monitor the support levels at 0.3606 USD and 0.2255 USD, as well as the resistance levels at 0.5263 USD and 0.6852 USD. A break above these resistance levels would confirm a bullish reversal, while a failure to hold the support could lead to further declines.
Overall, the market sentiment for ADA remains cautious, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
ADA:MICROADA is expected to fall after forming an impulse.
I've also counted the waves in Cebu, so please refer to it.
It looks like you need to be alert.
🚧ADA is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:ADAUSDT
Chart is Speaking It Self!!!
Simple analysis...
The price has found the ascending channel support,Expect move up and reach the $0.80 level as the next target.
Stay awesome my friends.
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✅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!!
Is Cardano on the rise?📊 According to the buying pressure in the market, if the range of 0.485 units is broken upwards and the price stabilizes above it, the price may increase to the range of 0.500 units🎯, and in the case of the strength of the range of 0.520 units🎯🎯.
📊 Otherwise, the price may drop to the range of 0.460 units.
