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Cardano / TetherUS PERPETUAL CONTRACT

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ADAUSDT.P trade ideas

Cardano reached yearly high at 0.46 levelHi everyone, Cardano managed to break 0.42 resistance level and almost reached local high at 0.46 set in April 2023. At this point 0.46 level is the main obstacle for continuation of price rise. In case if ADA will manage to break this level then road open to go above 0.5 rpice level but I think that Cardano won't manage to break this level unless Bitcoin goes above 50k. Otherwise it's more likely to see some correction on Cardano. Note that real altseason didn't started yet. Mostly we see that money goes to Bitcoin hence Bitcoin dominance is increasing. It's important to follow Bitcoin price chart and Bitcoin dominance as well to understand when real altseason starts. I think that 0.46 is the highest price for this year and that's ok. Real bull market starts next year and Cardano will definitely follow it. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
3
✴️ Cardano Correction? It Is Still Early...Cardano (ADAUSDT) hit a low 10-June, followed by growth. From 10-June through 9-December it grew by a nice 194%. 👉 After strong growth comes a correction or in the least, a retrace. Looking at the weekly timeframe, Cardano closed 8 consecutive weeks green, it now starts on a Monday red. There is potential for a correction to develop... 'Potential'. ➖ 9-December closed on a long upper-wick. ➖ 10-December ended as a lower high. ➖ 11-December starts full red. Be careful with the longs. Here is the catch... It goes up and down, up and down, up and down... After going up it is bound to go down but, the bigger picture is up! This correction is likely to end in a higher low and once support is found, we will see additional growth. Namaste.
Short
by AlanSantana
9
ADA/USDT Facing in the key level area. It required break!💎 ADA has indeed garnered significant attention in the market with its impeccable rounding bottom movement. Presently, ADA encounters a formidable supply area and encounters difficulty in breaking through. Observing the candlesticks for any bearish rejections, if ADA fails to breach the supply area in the near future, it could validate a rejection, signaling a potential downward movement toward the demand area at $0.312. This probability could initiate a robust new momentum, gearing up for another attempt to break the resilient supply zone. 💎 On the flip side, if ADA decisively breaks the supply area with a confirmed candle closure above, the path could be paved for ADA to sustain its upward trajectory, making it easier to attain our target supply area in the coming days. 💎 The unfavorable scenario unfolds if ADA, during the retesting phase at the $0.312 demand area, fails to maintain its position and breaches the demand zone. In such a scenario, ADA could revert to a bearish trajectory, potentially retracing to the robust support area.
by MyCryptoParadise_Nathan
7
ADAUSDT #2 ( Clear road map to 84% benefit ! ) Hello dear traders. Good days . ADAUSDT reach to daily Gann Square Fan trend line and need to get support from broken resistance of trend line and Gann square Arc resistance . Buy zone area is price resistance which is broken and we expect to get support from it which consider as small correction around 0.291 $ . Road map plotted with help of daily Gann square & Gann box . Good luck & Safe trade . Thanks for your support and comments.
Long
by SHAlavi
5
#ADAUSDTAnalysis of ADA time form 4 hours The current price of Cardano is $0.593. In the past days, Cardano was able to break the resistance of 0.409 and leave the accumulation zone and grow up to the price of $0.648. Considering the support at the Fibonacci level of 0.236, it is expected that the upcoming targets touch and reach target 4 with a profit of 35%. Pay attention to the Fibonacci level of 0.618, which may change the trend if it breaks the above support, which I have shown with a red arrow (it is less likely) #ADAUSDT
Long
by taghadosi
ADA: Overbought at ResistanceTrade setup : Following a bullish breakout from Ascending Triangle pattern, price resumed its uptrend and broke above $0.46 resistance as well. However, price is now very overbought (RSI > 80!) just as it reached that $0.60 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $0.40 - $0.42 (previous resistance), then $0.30. The nearest Resistance Zone is $0.46, which it broke, then $0.60.
Long
by altFINS
Will ADA reach new ATH by year end ?Looking ahead to 2023, several factors could contribute to the growth of Cardano. The platform has a strong development team led by Charles Hoskinson, who is a co-founder of Ethereum. Additionally, Cardano has a robust community of developers and enthusiasts who are committed to the platform’s growth and success. The project is managed by a robust team and I have always been a fan of them but the price was not cheap enough in 2022 to buy it. Also a FED pivot is around the corner, this can massively pump this undervalued coin. This is not a financial advice I could be wrong Pump the idea with your likes
Long
by SabahEquityResearch