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 Shortby SwallowPremium2
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.Longby fayyaz55680
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.by MarsSignals1
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.Shortby SeoVereignUpdated 4
🚧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. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!Longby CobraVanguardUpdated 1175
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.Longby arongroups1110
ADA - Daily Shortterm Trend & Support/Resistence Trade SignalADA now completed a correction and are ready to return to gain higher. The new opportunity at the current price 🟢 Trend: Bullish 🚀 🟢 Support: $0.2 - $0.3 🟢 Target: $3 ------ Current: $0.48Longby MarketIndexTrader1121
break out from trading range.ADA has broken an important zone and has broken out of the range trading zone.Longby shirintarin789993203
ADA: Channel Down BreakoutTrade setup : Bullish breakout from a Channel Down pattern could signal near-term bullish trend reversal with upside to $0.52 (200-day moving average). Stop Loss (SL) at $0.43. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. 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. Learn to trade chart patterns in Lesson 8. Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.Longby altFINS3
ADA / Cardano - Monthly Forecast for 2024 - ImageHere is an image showing my monthly forecast for ADA I'm bullish. You can also watch the detailed video Longby TraderRiz2
ADA Monthly Forecast for 2024I'm now bullish on ADA, given here is my monthly forecast. Long04:24by TraderRiz3
will this bull market be short-lived? serious question folks. whats really coming for us? Cardano was my biggest gainer last cycle. Infact, i pretty much still leaving off my ada earnings up till now. anyways when we look at it's charts, it looks like it's at the same spot it was last cycle before lift off. Now, this is of course good BUT... my issue is, will this bull market just be short lived and we go again to the trenches of the bear next year? it took 287 days for ada to top after lift off from consolidation in the box. It cant happen the same this time but if it were to happen then that would be Jan of next year. I see some signs that we might be taking off soon but i am disturbed on the timing of it. (i'm not saying that it will go that high btw. thats just a demonstration from past cycle).by Understandingcrypto14
ADA's Next Move: Will it Soar or Plummet?Hey traders! ADA is at a crossroads, and the stakes have never been higher! Currently hovering near the $0.3349 support level, ADA is on the brink of a potential breakout or breakdown. A triumphant surge above $0.4477 could pave the way for a bullish rally towards $0.5434 and beyond! But beware, a slip below $0.3349 might trigger a bearish descent towards $0.2800. by Trade-LeanUpdated 3
Cardano breaks symmetric triangle the next target would be $0.56The ADA chart showing that some positive move currently it breaks the symmetric triangle.It indicates upword momentum.In this chart the $0.56 level showing the big resistance level.Longby Kiran010116
Cardano breaks symmetric triangle the next target would be $0.56The ADA chart showing that some positive move currently it breaks the symmetric triangle.It indicates upword momentum.In this chart the $0.56 level showing the big resistance level.Longby Kiran010112
#ADA/USDT is moving within a descending triangle pattern💁♂️ A#ADA/USDT is moving within a descending triangle pattern💁♂️ A breakout of the triangle and ma 50 confirms bullish momentum🤓 Up we go🚀Longby CryptoSkullSignal0
Cardano (ADA): Another Rejection Happend!We are back with Cardano, where price is yet again rejecting that upper trend line (which is close to 100EMA). We are looking for price to move now toward lower zone of that triangle pattern from where we expect some sideways movement to happen (and eventually a breakout or a breakdown). Swallow Team Shortby SwallowPremiumUpdated 226
Cardano longCardano broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.517 is expected to happen.Longby Cryptobees_buzz8
Cardano can raise up from here !Cardano (#ADA) has grabbed the liquidity of major structure's low in the daily time frame and this means that ADA can start growing from this area to the top of the daily major structure at the price of 0.8104 . If price can close below the 0.3994 then, this analyse will be faild and then we could see more price drop. This is my personal oponion, and its not a financial advice.Longby S4jj4D_ch4
ADA: Channel Down BreakoutTrade setup : Bullish breakout from a Channel Down pattern could signal near-term bullish trend reversal with +10% upside to $0.52 (200-day moving average). Stop Loss (SL) at $0.43. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. 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. Learn to trade chart patterns in Lesson 8. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.46, which it broke, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.Longby altFINS3
ADA LOOKS BULLISH💥Traders! As selling pressure absorbed. Now ADA looks bullish. With proper risk management. Enjoy😊Longby Me_chartUpdated 1112
ADA Cardano. Awesome chance! +207%Hey, folks, listen up! There's an awesome chance! The local bottom is practically waving at us. Time to make moves and seize the opportunity! Ada to the moon🚀😎 You know what? I've got a feeling the big market makers are gonna start pumping soon! 📈🚀DYORLongby HedonistTradeUpdated 5
ADA/USDTBased on the 4hr timeframes, ADA seems to have formed a triangle pattern from there it should squeeze to the near .60 cent mark. On the larger timeframes based on the fib, ADA has retraced to the golden .618 level and seems to be holding this can indicate an impulse move to the $1.00 ADA. Fundamentally Bids have out weighed Asks nearly 3 to 1 so a more bullish move is expected of ADA in the next weeks to months. Longby johnathandfr7