ADA Rising Wedge 15mOn the 15M chart, it seems like a rising wedge is being formed. This is an opportunity for a quick short back to 1.18 area.
ADAUSDT trade ideas
ADAUSDT coming down for another buy oppportunityas can be seen, the coin has just completed the price projection of a bullish flag pattern and after that, with a bearish divergence the price is coming downwards there we can find our trade for buy once it touches the trendline because it is respecting that quite nicely
ADA | ALTCOINS | Altseason Approaches AN ENDA quick look into Cardano after a near 330% increase, there seems to be room for further growth.
Key Fibonacci levels are a great watchpoints, especially the 618's.
Two other coins that pumped recently :
Just remember that after the pump, comes the DUMP. Almost every time .
Here's my thoughts on the BTC ATH being in:
ADA golden pocket & daily pivot confluence setupADA golden pocket & daily pivot confluence setup. Should get a bounce at 1.16/1.17 area and attempt the continuation to the upside. I'm entering my day trade in this zone after lower timeframe confirmations.
Cardano (ADA): what's after 25% weekly growth?While ADA's upward momentum has sparked optimism among investors, it has also led to profit-taking, with many viewing the current levels as an opportunity to sell.
Smaller holders of ADA have been actively selling in recent weeks. Data indicates that wallets holding between 100 and 10,000 ADA have offloaded more than 72 million ADA worth over $92 million. This selling trend has persisted for over a month, highlighting ongoing profit-taking among retail investors.
Although the volume of sales by smaller holders is significant, it is not as impactful as the larger transactions made by whales.
On the chart, ADA approaches crucial resistance levels. Many are watching whether this rally can be sustained, especially with the psychological $1.30 threshold in play.
For Cardano to maintain its upward trajectory, it needs to flip the $1.30 resistance into support. If it can successfully hold above this level, the rally may continue. However, a failure to do so could lead to a pullback to the $1.01 support, erasing recent gains and potentially signaling the end of the bullish momentum.
If Cardano manages to hold $1.30 as support, the next target could be $1.50. A move above this level would further strengthen the bullish outlook, confirming that the current rally has legs. Such a scenario would invalidate the bearish thesis and signal continued growth, making $1.50 the next major resistance level.
The last bullish chance of ADA in Short term!Cardano managed to break two ascending patterns a few hours ago, as you can see in the chart. Now, the price can drop to within the triangle to liquidate traders' positions, and I have identified the support point. However, it should not be forgotten that the price can easily go up to $1.23.
Give me some energy !!
✨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!!
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 Has a good Investment Opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 290 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
NOTHING !!As long as the wedge is not broken, it cannot be said that the price is going down, and this is what scares me. So, as long as the wedge is not broken, the price can remain bullish.
previous analysis
Give me some energy !!
✨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!!
Destiny ADA It should have a correction to the range of 0.555, both due to the correction after breaking the daily trend line, and because of the support from the Tether market, as well as reaching the dynamic resistance.
Cardano: Additional Growth Is PossibleLast month ADAUSDT (Cardano) broke a consolidation range that was active for 915 days, since May 2022. This breakout month, November 2024, produced the highest bullish volume ever.
Based on a bull-marketwide perspective, ADAUSDT is coming out of a bottom. This is only the beginning, there is plenty of room available for growth.
This chart is not intended to show new All-Time High potential nor how far up Cardano will go in 2025, but rather, the intention is to show short-term action based on a long-term chart.
The main support sits at 0.8875, this is the resistance level that was conquered with last month's bullish breakout. With this breakout, ADAUSDT hit its highest level since May 2022.
As long as ADAUSDT trades above 0.8875 we are super-bullish and can see additional growth, immediately. If it moves below this level, the chart continues super strong above 0.6330.
As soon as ADAUSDT moves above 1.30, we can expect $2 to come next. It all depends on December, now... Where will it go? How will it move?
The chart is saying up and points towards additional growth. The month is young, the month is long. Allow some time for this pair to recharge only to see it grow.
No doubt we are bullish, expect to see higher prices next.
Cardano is going up.
Thank you for reading.
Namaste.
ADA - short term draw downShort ADA
@ 0.745 / 0.75
TP : 0.7
TP2: 0.67
it has made a Double top and RSI has gone oversold and has taken a downward turn.
Cardano ADA Will Outperform Cryptocurrency MarketHello, Skyrexians!
Yesterday we considered the Bitcoin analysis where concluded that the potential growth is not going to be insane, bull market will be finished soon. At the same time on the BINANCE:ADAUSDT weekly chart we can see that price is charged for the flight.
Let's notice, that Cardano has the specific bear market structure, where the corrective wave C has been finished in October 2023. Growth from the bottom was impulsive, so it could not be the wave B, in our opinion it's wave 1 of the new bull market. Since March 2024 most of crypto assets continued the bear market, but drop on ADA was not so big. It means that wave 2 has been formed already.
Look at the green dot on the Bullish/Bearish Reversal Bars Indicator . This is strong bullish signal that this correction is likely to be finished, in conjunction with Elliott waves analysis we can see that the impulsive wave 3 is about to happen soon! Targets can be calculated using Fibonacci Extension. 1.61 and 2.61 corresponds to the area between $1.2 and $1.77. Note that this zone is not likely going to be the end of bull run. This is just wave 3 in this rally. Finally, we expect the new ATH for ADA in 2025.
Best regards,
Skyrexio Team
ADA Update Dec. 02, 2024Based on the past two posts a few more indications of important supports/resistances to look out for.
grey lines: upper one is VAH (value area high) which functions as an important support. it seems that the trendline was kinda touched (sometimes it's more of an area, not an exact point) and goes for another attempt.
now, I've charted the fib extension levels (long lines) from this years previous high before the parabolic move up past month. from that we get a 161.8 and 261.8 fib extension level as possible resistances to have in mind.
doing the same for the recent higher high to the recent higher low, the current 161.8 sits at around 1.32 above the high volume area in which ada has it's current resistance to break. if it attempts it and successfully (possibly) retests the resistance as support, the next line would be 1.32 (161.8 short) and then 261.8 above (longer one) which sits at around 1.67$ , but I expect it retouching the 4h trendline again inbetween or at least in the next weeks going further.
we already saw an attempt higher, next level would be the outer line of the high volume zone (1.25 $) and above as stated.
I just wanted to post this as a separate one in order to show the levels directly in the charts
hope that helps.
ADA Trendline Support and Indicators (4h Details)As in my previous post that looked at it from a weekly/daily perspective, I mentioned certain patterns emerging in the 4h view - here it is.
you see rises, then consollidations - followed by further rises. it respected the trendline upwards around 7 times (if you count only full contact, then 5). and as it seems the 4th accumulation is over and takes ada to the 1.20 high volume zone (in which it may get rejected). RSI is in this view not overbought at all. Volume indicates some level of support at $1 dollar.
looking at it I see BINANCE:ADAUSDT go to $1.20, correct towards trendline at around $1.05, then go higher towards $1.25 or beyond.
IF it loses momentum and the trendline, the first line of possible support is at around 88 cents. volume based, the next support comes at 75 cents.
ADA Trendline Support and Indicatorsgiven the current rise in BINANCE:ADAUSDT price, the weekly and daily view gives a few hints on important high volume zones and trendlines.
firstly with the rise a trendline from 2018 got turned into support which was last broken during the parabolic rise of ada in 2021.
the red line shows also a daily major support/resistance flip in an area in which ada found support at the end of its last bull run + resistance during its last attempt in early 2024.
lookling closer at it from a 4h perspective (for whatever reason I can't add this screenshot here) you can see multiple rises and accumulations with a more or less symmetrical triangle forming until breaking out to the upside- this happened 3 times since it's major rise the past month and is breaking out it's 4th one just now. the trendline was respected several times and suggests a further rise until the "high volume zone, possible resitance". at around $1.20. but is needs to be stated that RSI is slightly overbought and might give a slight correction to $1 first, before attempting higher. but in the end - RSI is a weak and lagging indicator.
ofc this is currently without Fib levels and other indicators - purely based on volume and trendlines.
Cardano ADA price has risen from the "dead"While CRYPTOCAP:BTC is updating ATH, the price of CRYPTOCAP:ADA is finally breaking away from the bottom)
Unfortunately or fortunately, these are the realities.
Very few projects from 20-21 and even more so from 16-17 feel good and confident now, only young, hype and “light” projects are shooting up.
God bless the price of OKX:ADAUSDT to rise to $0.49-0.50, then slightly adjust and then shoot up to $0.80, and if you're lucky, to $1.
And for the #Cardano holders and altruists, patience to wait for that time.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Cardano ( 1.5$ ) is uploading.Hello and greetings to all the crypto enthusiasts, ✌
In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Cardano , 📚💡
This stock, which gained considerable attention during its peak, has experienced an impressive surge of over 250% in the last few weeks. It has cultivated a large, engaged community across social media platforms, capturing the attention of key market players, including prominent institutional investors and influencers. Technically, I remain optimistic about its trajectory and anticipate at least another 40% potential upside . 📚🎇
The stock’s strong momentum, combined with its active following, suggests it could continue to outperform in the short to medium term. Additionally, it is highly likely that the price will test the Fibonacci support level before making its next upward move. Given the current market conditions, I see this as a favorable opportunity for further gains.📚✨
🧨 Our team's main opinion is: 🧨
This stock has surged over 250% recently, gaining attention from both a large social media community and major market players. With a positive technical outlook and a potential 40% upside, it is likely to test Fibonacci support before continuing its upward momentum. 📚🙌
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
