ADAUSDTAfter reaching one of the key targets on Bitcoin, I expect an increase in the asset's value. My target is the previous day's high.
ADAUSDT.P trade ideas
ADA - That Doesn't Look Too Promising! More Downside Potential AADA's recent performance has been very weak. As a result, the token has constantly gotten closer to its bear market low. While ADA currently trades at a level slightly above 30 cents, the bear market's low is only 6 cents away.
In addition, the ADA's long-term chart (1D) doesn't look very promising. On the contrary, the token has been trading in a descending channel since April.
The descending channel is a chart pattern marked by constant lower highs and lower lows (marked with red).
Obviously, this chart pattern is considered highly bearish. As long as ADA cannot a) create a higher high and b) break out of the channel to the top, we can expect continuation and more downside potential.
By the way, in terms of trading, such channels are a blessing :)
ADA/USDT🔍 ADA/USDT Analysis: Strategic Entry Points and Aggressive Movements Expected 📉
The ADA/USDT chart highlights key dates for traders and investors:
August 17, 2024, September 1, 2024, September 12, 2024 - Green Lines: These dates signal potential local lows, offering opportunities to start building or adding to your ADA position. Early positioning here could set the stage for gains as the market moves.
October 3, 2024, November 17, 2024, December 9, 2024 - Green Lines: These final three green lines are marked on the daily timeframe, suggesting that price movements could be more aggressive. Traders should be prepared for increased volatility and rapid shifts in market sentiment.
January 3, 2025 - Red Line: A potential local peak, this date could be ideal for taking profits or reassessing your position before a possible market pullback.
By aligning your strategy with these key dates, you can optimize your entries and capitalize on market movements in ADA.
#ADA #Cardano #CryptoTrading #Cryptocurrency #MarketAnalysis #Altcoins #ADAUSDT
jeffans: CARDANO - ADAUSDT in accumulation before 70+% jumpCARDANO - ADAUSDT in accumulation before 70+% jump
ADA small moon then doomPicture says it all. We can expect ADA to accumulate a bounce at the .24xx area up to .45
Cardano (ADA): Successful Rejection From ResistanceCardano has made a nice re-test of the local resistance zone, where we have had a successful rejection so far.
We are looking for further pressure from sellers, which would result in a movement towards the zone of liquidity here!
Swallow Team
Cardano's ADA: Could It Reach $1 ?The Elliott Wave 2.0 forecast suggests a promising outlook for Cardano's ADA, potentially reaching $1. However, traders should remain cautious and consider using stop loss.
Regards:
the most accurate signal provider ever
ADA will impress you soon
Read detailed explanation step by step for Cardano
Possible Targets and explanation idea
➡️Weekly fib relevant. Now trade in -0.27 zone (accumulation stage on weekly) but didn't touch 0.27 level (0.11 cents) yet
➡️Most negative scenario for ADA drop to 0.11 cents and forming huge divergency on weekly by ADZ indicator (accumulation distribution)
➡️Main signal to Sell was in Sep 2021. So we are almost 2 years in downtrend
➡️Signal to close Short position appear Dec 2022 and We got new signal to Buy based on Trade On indicator
➡️This week got a recommendation close long position so we have an all chances drop to 0.11 cents.
➡️Trade since May 2022 under fundamental price (real value) last yellow line. We always walk from line to line.
➡️Even if we touch 0.11 cents the middle term targets will be Take Profit line (first blue line) Now its a 1.36$ and 0.23 level by FIB
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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ADA underrated now and here is whyBINANCE:ADAUSDT
Cardano now underrated. ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️ We got global covid dump uptrend line
➡️ On weekly timeframe we formed huge divergency you can see confirmation on ADZ
➡️ Fundamental price line now around Monthly FVG which we should test really soon.
➡️ Impulse to FVG we will see after liquidation local stop losses
➡️ Take Profit line on weekly timeframe around Middle term stop losses
➡️ ADA launched own stable coin, (not sure if its a good idea for ADA for long term) but now its drive the price also
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
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ADA (Crypto CARDANO-USD) BUY TF H4 TP = 0.4053On the H4 chart the trend started on Aug. 05 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.4053
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
ADA - Re-Accumulation Zone 22c, LONG SETUPBINANCE:ADAUSDT
ADA is not my favorite alt on the block, but I do think there is a good opportunity approaching in terms of a low risk / high reward trade.
Ada is about to re-enter it's accumulation phase, which is also the local low and where the price often bounces from support.
The technical indicator is also still vey bearish, showing no signs of a turn around just yet:
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(Update) !!! Daily Chart Analysis : Bull or Bear ? (READ)BINANCE:ADAUSDT
The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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
Cardano (ADA) Analysis: Key Levels & RSI Insights✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the Cardano (ADA) coin in the crypto market.
🗂 About the Project:
Cardano (ADA) is a decentralized blockchain platform that seeks to provide a more secure and scalable infrastructure for the development and execution of smart contracts and decentralized applications (DApps). It is known for its research-driven approach and peer-reviewed academic papers guiding its development. The platform aims to deliver a more balanced and sustainable ecosystem for cryptocurrencies.
📊 Weekly Timeframe Analysis
In the weekly timeframe, ADA has been under significant bearish pressure. After reaching highs near major resistance levels, the price has declined sharply, currently testing key support levels. The major resistance levels are observed at $0.4410 and $0.7883, while crucial support levels are around $0.3204 and $0.2416.
📈 If ADA stabilizes above $0.3204, we may see a bullish momentum building up towards the resistance levels of $0.4410 and potentially $0.7883. Confirmation of this trend will depend on the price holding above these key levels.
📉 Conversely, if ADA fails to hold above $0.2416, it could signal a continuation of the bearish trend, with the next significant support level around $0.1679. Volume analysis indicates significant selling pressure, which needs to decrease for a potential reversal.
📊 Daily Timeframe Analysis
On the daily chart, ADA has been struggling below the $0.3473 level, showing a consistent downtrend. There is noticeable bearish momentum, and the price has found temporary support at $0.3003.
🧲 Given the current setup, a stabilization below $0.3003 could indicate further bearish movements, potentially down to $0.2416. However, if the price moves above $0.3473, it could indicate the start of a bullish recovery, targeting higher resistance levels like $0.4343 and $0.4226.
📊 RSI Oscillator
The RSI is currently showing oversold conditions, indicating a possible opportunity for a short-term rebound. The RSI levels range between 34.28 and 37.73 across the different timeframes. A breakout from these levels could provide confirmation for opening positions.
📉 Given the current bearish signals in both the weekly and daily timeframes, alongside oversold conditions on the RSI, it is advisable to proceed with caution. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans.
⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
Market psychology(on ada coin)History comparison that identified that we are in the blue area(4). whether this is the truth, time will tell, but it is also logical with the example of elementary market psychology.
It can be a great helper for future trades and creating better analyses.
logically, this ada analysis applies to all coins.
This analysis does not show where exactly the ada falls when it happens, the main focus is on six different stages.
ADAUSDT - Great Long Term Buying Levels BINANCE:ADAUSDT is currently finding support after breaking through the bearish structures on weekly timeframe. This looks like a great buying opportunity as we can maximise profits with multiples profit levels and set our stop loss below a major support on weekly timeframe!
Cardano (ADA): Approached The Major ResistanceCardano has made a nice re-test to the upper major resistance zone in a 4-hour timeframe.
We are seeing a nice small overbought sign here from Bollinger Bands, while the price is also testing the 100EMA.
We are looking to see a rejection near that zone, which would mean a start of movement towards our two lower zones here!
Swallow Team
Cardano (ADA): Waiting For Touch of Support ZoneCardano had done a good drop since getting rejected by EMAs but yet it has not reached the support zone, which is a zone that we will be waiting to be reached!
So until now, we are looking for that zone to be reached and after that, we will be looking at price action and how price will react to that zone!
Swallow Team
Adausdt Analysis Ada - has to hold green box which is 0.26-0.28 region if not we will be in official bear market, where capitulation can happen below .10 cents
Stay strong guys, we will resurrect from crypto massacre and will have heavy adoption on cardano.
DYOR
