Tracking Cardano (not financial advice) Tracking Cardano during the Crypto cycle of 2024. If price goes back below 0.40 time to buy more. above 0.60 could be the start of bull cycle for Cardano
ADAUSDT.P trade ideas
$ADAUSD potential to go to $1.26 with stop loss just below kijun$ADAUSD potential to go to $1.26 with stop loss just below kijun as shown
ADA.X in downward trend: 10-day moving averageADA.X in downward trend: 10-day moving average broke below 50-day moving average on January 14, 2024
The 10-day moving average for ADA.X crossed bearishly below the 50-day moving average on January 14, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 71%.
Price Prediction Chart
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 46 of 87 cases where ADA.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 53%.
ADA.X moved below its 50-day moving average on January 14, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ADA.X declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 54%.
The Aroon Indicator for ADA.X entered a downward trend on January 30, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
BINANCE:ADAUSDT
Robot factory Trading Results for last 12 months
ADA.X
AI Robots (Signals Only)
AI Robot's Name P/L
Swing Trader Crypto: ALGO, IOST, LINK, QTUM, NEO (TA) 41.38%
Swing Trader: Crypto Pattern Trading at Trend Reversal Points (TA) 14.74%
Day Trader with Trailing Stops, Cryptos 7 (TA) 11.48%
Market Cap
The average market capitalization across the group is 18.21B. The market cap for tickers in the group ranges from 18.21B to 18.21B. ADA.X holds the highest valuation in this group at 18.21B. The lowest valued company is ADA.X at 18.21B.
High and low price notable news
The average weekly price growth across all stocks in the group was 6%. For the same group, the average monthly price growth was -8%, and the average quarterly price growth was 76%. ADA.X experienced the highest price growth at 6%, while ADA.X experienced the biggest fall at 6%.
Volume
The average weekly volume growth across all stocks in the group was 15%. For the same stocks of the group, the average monthly volume growth was -63% and the average quarterly volume growth was 156%
Corrective WaveThe trend of Cardano in the 4-hour timeframe indicates that its primary trend is bearish. Price fluctuations are expected between the channel's boundaries. The recent price increase seems to be a temporary corrective wave. It's anticipated that after hitting the channel's top and forming a bearish pattern, the price will decline again. The key point is the support level, whose breach could lead to further price drops.
ADAUSDT LONG Entry Prediction ADA is Currently Broke the heavy resistance and in the upcoming days we may see the correction 50% from the total move.
Will plan the Long Trade once we get the real correction
ADAUSDT - Break HL - Short sellThere is a Huge Divergence has been made and when the Higher low break take a entry.
Thank you
ADAUSDT: Head & Shoulder Pattern ADAUSDT.P is presently in the process of shaping a Head and Shoulders pattern, having effectively completed the Left Shoulder and Head formations. A strategic approach involves considering a long entry at the Take Profit (TP) level aligned with the Right Shoulder, followed by vigilance for a breakout below the neckline to signal a potential short entry.
ADAUSDT let's see if this closes above trendlineADAUSDT let's see if this closes above trendline resistance i expect it will retest 0.61 range
ADA gearing up for a move?ADA is looking healthy and seems to be gearing up for a possible big move.
ADA: Channel Down BreakoutTrade setup : Bullish breakout from a Channel Down pattern could be followed by an upswing in price with +20% upside potential to $0.60. Stop Loss at $0.44, just below the prior swing low.
Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, then $0.75.
ADA : This FRACTAL shows New BULLRUN 📢📉Hi Traders, Investors and Speculators of Charts📈
ADA / Cardano has spent an extended period in the "Accumulation Zone" (this basically means sideways trading at very low prices). According to Wyckoff Method, this is the pre-cursor to a new bullish cycle. The new bullish cycle is identified when we see a breakout ABOVE the range trading zone.
This is where our fractal comes in. Cardano has previously done a similar thing where the price stayed in a tight rage for an extended period of time. This, was infact the precursor to the bullcycle that led to the previous ATH !
If you didn't get an entry in the accumulation zone, now is your second chance before the price starts another bullish cycle.
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CryptoCheck
CRYPTOCAP:ADA BYBIT:ADAUSDT.P BINANCE:ADAUSDT BINANCE:ADAUSD COINBASE:ADAUSD
ADA LONGADA LONG! ADA just broke the bearish trendline and bouncing from a major support showing signs of strength
#ADA/USDT is heading towards the Diagonal Trendline in 4-Hour TF#ADA/USDT is heading towards the Diagonal Trendline in 4-Hour TF!
CRYPTOCAP:ADA needs to clear the Trendline to gain the bullish momentum. #ADAUSDT local support level is PWH $0.507. The strong support level is PML $0.448.
ADAUSDT Close Examination of Precise Fibonacci Support BounceYesterday ADAUSDT price found a steadfast support at $0.4925, offering a front-row seat to a precise bounce off the 261.8% Fibonacci level. However, the plot thickened as the price briefly broke lower, only to stage a recovery and resume trading above the crucial support level.
The unfolding narrative places a spotlight on today's daily closing price—a pivotal moment that could shape Cardano's trajectory. If today's closing price holds above the current support, we may be on the brink of witnessing a substantial rally.
This isn't just about numbers; it's a tale of Cardano's ability to weather storms, find support in unexpected places, and defy downward pressures. The next chapters hinge on the closing price today, as Cardano enthusiasts eagerly anticipate a resurgence. Stay tuned, as the daily chart holds the key to unveiling ADAUSDT's next move in this gripping market saga.
ADAUSDT - 1DIn the daily time frame, the movement trend of the price is downward, if the price manages to reach the range of 0.420 to 0.380 units, considering the importance of this range, it can be a good position for long-term buying with the targets of 0.500 and in case of strength, the range of 0.600 units.
ADAUSDT.P Aggressive Trend TradeAggressive Trend Trade 2R
- long impulse
+ biggest volume T1 level
+ biggest volume 2Ut-
+ weak test
+ better the the first closed bearish bar entry level
Calculated affordable stop loss
1 to 2 R/R take profit
Daily chart context
+ short balance
+ CREEK level
+ resistance level
ADAUSDT Sell Setupsuper valid looking. leave a comment if you like my entry setup. this share purpose only for educational learning.
note: for more details check chart
Cardano(ADA): Wait or DCA? Which one?While ADA has been forming a small bullish trend, we are looking for a potential short position to happen here!
As of now, we see prices slowly building up toward that upper resistance zone, which is also aligned with the 200 EMA. Waiting is the key! (or maybe DCA is the key???)
Swallow Team
ADA LongCardano is a project with a lot of potential and contributes heavily in blockchain infrastructure development. I think it's possible the best coin for the second wave bull run to hold. Buy next dip.
When will the Cardano ADA price be above $1 ?If we apply Elliott wave analysis to the ADAUSDT price movement, we will see very harmonious proportions.
It can be assumed that the ADAUSD price is currently at the stage of a correctional wave - 4 - and in order to continue its dynamic growth, it is not advisable for the ADA price to fall below $0.40-0.46. (despite the fact that it has already reached $0.465)
If this condition is met, then in the near future (Q1 2024), as part of t he -5- impulse wave , the price of Cardano ADA will have every chance of crossing the $1-1.10 mark, or even higher.
As always, we are waiting for your thoughts in the comments below the idea.
ADAUSDT IDEAUPDATE
Breaking Falling Wedge In 4Hour Tf With Strong Volume , retest in process Incase Of Successful retest Expecting Massive Bullish Rally Towards 0.60-0.62$✍️
COIN DETAILS
The live price of Cardano is $ 0.481835 per (ADA / USD) with a current market cap of $ 17.06B USD. 24-hour trading volume is $ 404.55M USD. ADA to USD price is updated in real-time. Cardano is -5.81% in the last 24 hours with a circulating supply of 35.40B.
cardano getting ready for bullish impulse already trending towards upside and recently breaks another falling wedge consolidation too with strong volume
seems like ada is ready for another higher high expecting bullish wave towards 0.82 to 0.85$ in coming days keep eyes on that and keep risk under control
