ADA USDTADA has been consolidating within a range for the last few months and has been in a downtrend since March. After a breakout from the trend line we might see a bullish move
All the levels are marked on the chart
ADAUSDT.P trade ideas
ADA last opportunity to buyI Open Long Position On ADA Coin With 2% Wallet As Long Term Holding At 0.3027 - 0.3500 Zone Only Long Term Holder’s Enter For Huge Profits Holding Time 10-20 Days 500- 1500% Profit Target Mange Your Liquidation Price 0.2958 Giving Holding Time
Bullish Reversal for ADA? Key Levels to Watch
The ADA/USDT is approaching key levels that may determine its next move. The support level at 2800 is critical for maintaining a bullish outlook; as long as the price holds above it, the bullish trend is likely to continue. The main resistance level to watch is 4100—a breakout above this point could open the path to the next target at 8100, aligning with previous highs.
If the 2800 support fails, the price could experience a deeper correction, offering potential accumulation zones at lower levels. Currently, momentum is building, suggesting a possible bullish reversal if key levels hold.
Conclusion: ADA is showing promising signs for a bullish breakout, but support at 2800 remains crucial. A breakdown could indicate a return to bearish territory.
👨🏻💻💭 Think ADA has what it takes to break resistance? Share your thoughts below!
_________________________________________________________________
The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
ADAUSDTI have specified buying points in two stages for holders Additionally I’ve marked points where after a breakout the price could potentially move toward
Cardano’s path may be uncertain but the opportunities are real
Remember nothing is 100% certain.
Adausdt for buyPrice retested a weekly support level, brokeout of a trendline. Wait for breakout, retest and a bullish candlestick pattern for confirmation on the resistance zone above.
Cardano Founder A Potential Crypto Advisor to TrumpThe cryptocurrency world is buzzing with speculation about the potential appointment of Cardano founder Charles Hoskinson as a crypto advisor to the next US administration in 2025. This news has sparked excitement among ADA holders and crypto enthusiasts alike, with many wondering if this could trigger a significant bull run for the Cardano token (ADA).
Hoskinson's Background and Vision
Charles Hoskinson, a prominent figure in the crypto space, is known for his co-founding role in Ethereum and his subsequent creation of Cardano. He is a vocal advocate for blockchain technology and its potential to revolutionize various industries. Hoskinson's vision for Cardano is to create a sustainable and scalable blockchain platform that can support a wide range of decentralized applications (dApps).
Potential Impact on Cardano (ADA)
If Hoskinson were to become a crypto advisor to the next US administration, it could have a significant impact on the cryptocurrency market, particularly for Cardano. Here are some potential scenarios:
• Increased Regulatory Clarity: Hoskinson's influence could lead to more favorable cryptocurrency regulations in the US. Clearer regulations would reduce uncertainty and attract more institutional investors to the market, potentially boosting the price of ADA.
• Enhanced Adoption of Cardano: Hoskinson's position could help accelerate the adoption of Cardano's blockchain technology. Governments and businesses may be more inclined to explore the potential of Cardano for various use cases, such as supply chain management, voting systems, and financial services. This increased adoption could drive demand for ADA and push its price higher.
• Positive Sentiment and Market Momentum: Hoskinson's appointment would likely generate positive sentiment and excitement around Cardano. This could lead to a surge in buying pressure, driving the price of ADA upwards. Additionally, it could attract new investors to the Cardano ecosystem, further fueling the price rally.
ADA Price Prediction: Could It Reach $5?
While it's difficult to predict the exact price of ADA, the potential positive impact of Hoskinson's appointment could certainly contribute to a significant price increase. However, reaching $5 would require a combination of favorable factors, including:
• Continued Development and Innovation: Cardano's team needs to deliver on its development roadmap and introduce innovative features to attract developers and users.
• Positive Market Sentiment: A sustained bullish market sentiment for cryptocurrencies would be beneficial for ADA's price.
• Increased Institutional Adoption: Growing interest from institutional investors would provide significant support for the price of ADA.
It's important to note that price predictions are speculative and subject to market volatility. While Hoskinson's appointment could be a major catalyst for ADA, other factors such as broader market trends, regulatory developments, and technical analysis will also play a crucial role in determining the price of ADA.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
Cardano (ADA) - Pullback Expected!Cardano (ADA) has managed to breakout out from a key resistance level of: =$0.40 and has been on parabolic run since with +100% gains from a single weekly candle. Bulls momentum will be exhaused from this buying presure. Expect the bears to create a healty pullback back down to the following:
"NEW" Support Zone= $0.54
If a weekly candle can close between: $0.54 - $0.59, then ADA will retest $0.65 again.
ADA is still forming higher lows on the chart with trend lines which is bullish also for long term!
🌟Target= $0.90🎯
‼️DISCLAIMER PLEASE READ CAREFULLY‼️
*(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS THAT YOU MAY MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSE MONEY, IF NOT ALL.)
(CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION. SEEK PROFESSIONAL ADVICE FROM A CERTIFIED FINANCIAL ADVISOR.)
Cardano (ADA) technical analysisCurrently, ADA is correcting in a downtrend channel; wave (4). Keep an eye for the channel's upper line break; if successful, a pullback will probably follow. Also, buying volume is crucial too, so don't forget to check.
Cardano most passive scenario when Crypto/BTC pops Here a lidle Fib/Waveanalysis of Cardano aka ADA.
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks
ADA (CARDANO) UPDATE
This is an updated Elliott Wave count to the previous analysis for BINANCE:ADAUSDT
PREVIOUS ANALYSIS
OTHER ANALYSIS
BINANCE:LINKUSDT
OKX:CFGUSDT
BINANCE:APEUSDT
BINANCE:ARBUSDT
BINANCE:ALGOUSDT
ADAUSDT on the Rise: What to Expect in the Next 72 HoursFollowing Trump's victory and Bitcoin's rally, ADAUSDT has broken out upwards from a triangle pattern. It’s predicted to grow another 22% over the next three days, and if it successfully surpasses the 0.5702 price level, it could see an additional 17% increase."
ADA - BUY SETUP (OCT 2024)ADA - BUY SETUP (OCT 2024)
Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. The price action and key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment decisions in the cryptocurrency market.
#ADAUSDT: SHORTThere is over extension movement from H4 demand zone, we expect aggressive return to this demand, thus it seems proper opportunity for sell.
ADA USDT thesis with RAG AI by Titan_KarmaIntraday Scalping Strategy Analysis for Cardano (ADA): Evaluating Long Positions Amid Current Market Conditions
Abstract:
This thesis examines the viability of initiating a long position in Cardano (ADA) based on current market conditions, using an intraday scalping strategy. The analysis leverages a combination of technical indicators, real-time data, and sentiment analysis to identify optimal entry points and manage risk effectively. The findings are grounded in a comprehensive evaluation of the market's bullish momentum, positive sentiment, and recent trading patterns, with an 85% confidence level supporting the trade recommendation to initiate a LONG position.
1. Introduction
This thesis aims to explore the application of intraday scalping strategies to ADA, specifically under current bullish market conditions. With Cardano's price reaching $0.4406 and a significant surge in trading volume (266.96 million), there are indications of continued upward momentum. However, caution is warranted due to overbought technical indicators. This study identifies strategic entry and exit points to optimize returns while minimizing risk.
2. Background on Cardano (ADA) and Scalping Strategy
Cardano Overview: A brief overview of Cardano, its role in the blockchain ecosystem, and the factors driving its adoption.
Intraday Scalping Strategy: Definition and explanation of scalping, a high-frequency trading strategy that involves capitalizing on small price movements throughout the day. This strategy is particularly effective in moderately volatile markets like ADA.
3. Data Sources and Market Analysis
Coinglass Data: Open interest remains healthy, with a favorable funding rate indicating market participants are predominantly taking long positions. The absence of significant liquidations suggests a stable trading environment.
Binance Order Book Analysis: The presence of substantial buy walls at $0.4350 suggests strong support, which could act as a buffer if a retracement occurs. The moderate volatility index indicates a conducive environment for scalping.
CoinMarketCap Metrics: A robust liquidity score and stable market cap reflect sustained investor interest, with candlestick patterns pointing toward a bullish continuation.
Sentiment Analysis (Augmento and CryptoCompare): Predominantly positive sentiment among traders, driven by recent whale activity and institutional interest, reinforces confidence in ADA's short-term bullish outlook.
4. Technical Analysis of Current Market Conditions
Relative Strength Index (RSI): The RSI is above 70, indicating overbought conditions. Historically, this level suggests a potential for short-term pullbacks.
Stochastic Oscillator: High Stochastic readings align with overbought conditions, advising caution for new entries until a retracement is observed.
Bollinger Bands and Moving Averages: The price is near the upper Bollinger Band, suggesting potential resistance, while the price remains above the 50-period moving average, indicating bullish momentum.
MACD: A recent bullish crossover on the MACD supports the continuation of an upward trend, aligning with the current market sentiment.
5. Trade Recommendation and Strategy
Position: Open a LONG position if the price retraces to the support level of $0.4350.
Entry Criteria:
Timeframe: 15-minute intervals to capitalize on intraday movements.
Indicators: RSI above 50, MACD bullish crossover, price near the middle Bollinger Band, and moderate volatility.
Stochastic Oscillator: Monitoring overbought conditions to identify optimal entry points after a pullback.
Exit Strategy:
Take Profit: Target set at $0.4500 to align with the next resistance level.
Stop-Loss: Set at $0.4300 to mitigate downside risk.
Exit Point: Recommended exit around $0.4450 to secure gains while avoiding potential pullbacks.
Confidence Level: 85%
6. Risk Management and Market Dynamics
Support and Resistance Levels: The $0.4350 level serves as a key support zone. A break below this level could signal a shift in sentiment and invalidate the long trade setup.
Volatility and Market Sentiment: Given moderate volatility and high bullish sentiment, traders should remain agile, adapting quickly to changing conditions. Overbought indicators suggest monitoring for potential pullbacks before entering new positions.
Correlation with Broader Market Trends: ADA’s price movement remains correlated with Bitcoin (BTC), which also shows bullish signals. Any significant shifts in BTC’s performance could impact ADA’s trajectory.
7. Conclusion
The current technical and sentiment indicators provide a favorable setup for initiating a long position in Cardano (ADA). However, the overbought conditions identified by RSI and Stochastic indicators warrant caution. The recommendation is to wait for a retracement to the support level of $0.4350 before entering a long position. The exit strategy, stop-loss settings, and profit targets are designed to optimize returns while managing risk effectively.
8. Future Research
Further research could explore the impact of macroeconomic factors on ADA’s price, the influence of whale activity on market sentiment, and a comparative analysis of ADA’s performance relative to other Layer-1 blockchain projects. Additionally, studying the correlation between ADA’s market movements and those of Bitcoin could yield insights for improved predictive models.
This thesis provides a comprehensive analysis tailored for traders leveraging intraday scalping strategies, focusing on optimizing entry and exit points in a moderately bullish market environment.
Momentum Rating Update - ADA/USDTOur Bullfinder AI Tech has identified a potential opportunity within Cardano ( BINANCE:ADAUSDT ) as potentially bullish above $0.5870.
Upon reviewing latest developments, our founding Team have identified $0.4860 as an important price point to monitor. If price moves below this price point, bearish continuation risk may increase substantially.
(Please note - This page has experienced a name-change from RiskMastery to Bullfinder-ai)
We look forward to bringing you more great content within our publications, and thank you for being here with us!
Love & Wisdom,
Team at Bullfinder AI
Ada into bull runAda has been hated, let me tell it hasnt done nothing different from other bull runs so far, it takes a bit longer to pump but when start its gonna be quick
ADA Coin Market Structure Analysis on Weekly Time Frame- Week swing is bullish => current is pullback.
- Day swing is bearish.
- The current price is in the demand zone of the weekly timeframe so we look for buying opportunities in this zone
#ADA/USDT#ADA
The price has broken the descending channel on 1 hour upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.3300
Entry price 0.3400
First target 0.3747
Second target 0.949
Third target 0.4200
#Cardano Update:#Cardano Update:
The market remains stable after BTC's recent pump, supporting the expectation that large-cap altcoins, including ADA, may follow suit. Targets for #ADA remain unchanged from the previous analysis, with potential for upward movement if market conditions persist.
ADA/USDT : More Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Cardano chart in the daily (logarithmic) timeframe, we can see that the price is currently trading around the $0.35 range. If it can stabilize above this key level, we can expect further upward movement. The next targets for ADA are $0.3780, $0.415, and $0.4570.
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
ADAUSDT LONG TIME SUPPORT HOLDING? Hello, dear HODLers!
This is ADAUSDT on the weekly timeframe. The black line has been a significant level since October 2022, shifting between support and resistance for over two years. In 2024, it began acting as support starting in the first week of July.
Since then, the wicks below this level have started getting shorter, suggesting that selling pressure might be weakening. This level could mark the beginning of the next bull run. If we see another dip that holds with an even shorter wick, I would consider it a confirmation.
Stay safe, and feel free to leave any comments or questions.
Thanks for reading!
ADA → Bullish Pressure !!!ADA is forming a Triangle on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.41 Stay tuned for more updates, thanks.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
