ADAUSDT trade ideas
new wave 5 targets on ada since deep wave 4 correction
in above mentioned idea i outlined most passive targets on ada. Today there was a impulsive weekly Candle that take off ada to 10% 24h pump as only coin in top 10 .
Just for the bigger Picture that means ADAs marketcap pumped from 40 to 44billion dollars in1-2 days 4 billion on top thats massive. As iam in that market since 2017 i learned if ada pumps that hard out of nothing, that is a superb sign of outperforming next days.
New Target
1,47 minimum up to 1,70$ in a normal wavecount scenario
INFO:
if alt season starts my targets probable are nonsense because ada will rise much higher
If BTC dumps then all alts including ada will dump to. Then the Chart needs a new point of view and analysing.
Cardano most passive scenario when Crypto/BTC pops Here a lidle Fib/Waveanalysis of Cardano aka ADA.
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks
Cardano ADA Continues Outperform The Market In JanuaryHello, Skyrexians!
In our recent analysis on BINANCE:ADAUSDT we predicted the price growth above $1.20 when the price was $0.37. When price reached the $1.30 we told you that it's time for retracement to $0.8. Cardano reached exactly this target and has already bounced. You can find all this predictions in this article . Now it's much more important to understand what is the next move.
Let's take a look at the daily time frame. After reaching the local top price has printed red dot on Bullish/Bearish Reversal Bar Indicator and dumped -40%. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Dump has been stopped inside the Fibonacci 0.5 zone with the green dot on this indicator. This is the strong sign that corrective wave 2 has been finished. The next target is 1.61-2.61 Fibonacci extensions. We suppose that price can reach $2.5-$3.5 in January-February 2025.
Best regards,
Skyrexio Team
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ADA Technical Analysis: Strong Uptrend with Key Signals## 📊 Comprehensive Technical Analysis of the Market
### 1️⃣ Overall Market Trend
- **ADX (Average Directional Index):** The current ADX value is 34.68, indicating a moderate to strong trend. With +DI (38.09) significantly higher than -DI (13.90), the market is currently assessed as bullish.
🔍 **Impact on Decision-Making:** The dominance of buyers suggests that the bullish trend may continue unless signs of reversal emerge. Traders can anticipate further upward momentum.
---
### 2️⃣ Overbought and Oversold Conditions
- **RSI (Relative Strength Index):** The current RSI is 69.71, close to the overbought zone (70+).
- **Stochastic Oscillator:** %K is at 82.00, and %D is at 87.64, indicating the market has entered the overbought zone.
🔍 **Impact on the Market:** Being in the overbought territory suggests a higher likelihood of short-term corrections or price pullbacks. Traders should avoid opening new long positions and prepare to reduce or exit positions if price patterns indicate a reversal.
---
### 3️⃣ Moving Averages Analysis (EMA and SMA)
- **Short- and Long-Term Moving Averages:** All moving averages (EMA and SMA) across 10, 20, 50, and even 200-day periods indicate bullish signals.
- Example: EMA10 at 0.94 is above SMA10 at 0.95, and the current price of 0.9594 is above all averages.
🔍 **Impact on Trend:** This alignment confirms the continuation of the bullish trend, making it an opportune time to enter long positions, provided stop losses are set.
---
### 4️⃣ Key Indicators Analysis
- **MACD (Moving Average Convergence Divergence):** The MACD value of 0.0258 is above its signal line at 0.0209, issuing a weak buy signal.
- **Momentum Indicator:** Momentum is at 0.04, reflecting a slight upward trend.
- **CCI (Commodity Channel Index):** CCI20 is at 83.12, nearing overbought conditions.
🔍 **Conclusion:** Indicators generally favor bullish momentum, but caution is advised due to potential corrections.
---
### 5️⃣ Key Support and Resistance Levels
- **Support Levels:**
- Support 1: 0.8229 (Classic S1).
- Support 2: 0.7868 (Fibonacci S3).
- **Resistance Levels:**
- Resistance 1: 0.9229 (Classic R1).
- Resistance 2: 0.9868 (Fibonacci R3).
🔍 **Significance:** Support levels can be used as potential entry points, while resistance levels can serve as targets for taking profits or exiting positions.
---
### ✅ Summary and Actionable Insights
🔹 **Recommendation:** The overall signal is bullish, but given the overbought conditions (RSI and Stochastic) and proximity to resistance levels, traders should exercise caution. Risk management is crucial, with stop-losses set near support levels.
🔹 **Reasoning:** Momentum and MACD confirm the bullish trend, supported by strong moving averages.
⚠️ **Disclaimer:** This analysis is fully automated and generated by AI. Please use your own expertise and ensure proper risk management before making any decisions.
ADA - Time to buy again!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to
$1 or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
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.💚
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✅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!!
Hoping for a Dip, but Also Some Thrills: Shorting $ADA!CRYPTOCAP:ADA Short Setup:
Wanted some extra adrenaline in my life, so I’m shorting CRYPTOCAP:ADA here.
Simple setup: First time testing the monthly block. If this week closes below $1.18, it will add confluence.
Aiming for sub-80c. BINANCE:ADAUSDT
ADA - 4h - Accumulation RangeADA - 4h - Accumulation Range
REMEMBER that a lot of investors sell stocks or crypto for fiscal conditions in 2024 to close the year.
For that, we have low buy liquidity , and even with that pressure on the price , ADA is trying to remaning in the same range as 1 week ago, so a breakout can restart a new HH , so patience.
Im bullish on it if the 1usd resistance its broken and became a support.
aily Momentum and🔍 If further declines occur, breaking $0.3002 would be a suitable trigger. For confirmation of bullish trends, breaking $0.3551 is appropriate, but I will discuss these triggers more in the 4-hour analysis.
📊 The volume for this coin is generally low, which, as you can see, creates many shadows making futures trading challenging. Currently, the volume is also gradually decreasing.
further drawdown before MAJOR RallyADA is currently showing weakness in line with broader market trends, with a key support level at 0.769. Cardano appears to be nearing the completion of Wave B, with expectations of a significant Wave C forming.
Historically, ADA has found support at the 0.50 Fibonacci retracement, often followed by a recovery after rejection. If the price fails to maintain this support, further downside to the 0.618 Fibonacci retracement around 0.66 is anticipated. A breach below this level could indicate considerable bearish momentum.
Looking ahead, these levels are expected to persist into the new year, with a potential test of support around January 3rd. If the bulls successfully defend these levels, ADA could see a robust bounce, targeting the 1.75–1.95 range as momentum builds heading into the inauguration period.
not financial advice
Further downside before Major Rally ADAUSDT is currently showing weakness in line with broader market trends, with a key support level at 0.76. Cardano appears to be nearing the completion of Wave B, with expectations of a significant Wave C forming.
Historically, ADA has found support at the 0.50 Fibonacci retracement (.76), often followed by a recovery after rejection. If the price fails to maintain this support, further downside to the 0.618 Fibonacci retracement around 0.66 is anticipated. A breach below this level could indicate considerable bearish momentum.
Looking ahead, these levels are expected to persist into the new year, with a potential test of support around January 3rd. If the bulls successfully defend these levels, ADA could see a robust bounce, targeting the 1.75–1.95 range as momentum builds heading into the inauguration period.
ADA/USD on high timeframe
"Regarding ADA, as anticipated in the previous analysis, the price broke through the $0.75 zone and experienced a sharp rejection. I foresee the price reaching a new higher high at $1.50. However, if the price closes below $0.70 on the high timeframe, this analysis may prove to be incorrect.
I came back with ADA
**🔴 Cycles Analysis for BINANCE:ADAUSDT **
1. **Cycles Overview:**
- **HWC (Higher-Wave Cycle):** Price is range-bound (fluctuating within a specific range) with no clear direction.
- **MWC (Medium-Wave Cycle):** Downtrend. Therefore, the likelihood of continued downward movement is higher.
- **LWC (Lower-Wave Cycle):** Range-bound movement.
- **Conclusion:** A slight bearish tendency due to overall cycle dynamics.
---
**🔍 Key Breakout Strategy:**
My goal is to identify price interactions with resistance and trend lines. Observing these areas helps:
1. **Likelihood of Breakout:** Determine which levels are more likely to break.
2. **Buyer and Seller Strength:** Analyze which group (buyers or sellers) holds more power.
For beginners: a breakout refers to a price moving outside a defined support or resistance level, often signaling a strong directional move.
---
**💎 Long Position Setup:**
- **Trend Line Analysis:**
- The trend line has multiple touches, increasing the probability of a breakout.
- In the **15-minute timeframe**, a decline in volume (a decrease in the number of trades) was observed as the price approached the trend line, indicating potential weakness.
- **Key Considerations:**
- Keep the cycles in mind! Given the slight bearish tendency, opening a long position carries higher risk. Ensure proper risk management.
---
**🔻 Short Position Setup:**
- **Key Resistance Level:** $0.8587.
- **Wait and Observe:** Allow the price to test this level to assess its reaction. Watch for:
- Volume spikes, which might indicate a price rejection (when sellers overpower buyers at a certain level).
- Confirmation of selling pressure to initiate a short position.
---
**🛑 Risk Management Reminder:**
Capital management is the cornerstone of trading success and survival. Reduce risk when market conditions are uncertain, and always adapt your strategy to the current market environment.
---
**✨ Final Thoughts:**
This analysis highlights the importance of understanding cycles, volume trends, and price action at key levels. If the price breaks above $0.8587, it could signal a bullish reversal, while rejection at this level may confirm continued bearish pressure.
📢 **Do you agree with this analysis? Share your thoughts or let me know if there’s a specific coin you’d like me to analyze next!** 🪯
Diving into ADA: Profits, Sharks, and Technical Targets!Hello community,
The ADA coin has gone through various phases. Initially, whales accumulated below 0.4 USDT for an extended period 🐋. However, after the price surged by 250%, a correction became expected as investors sought to capitalize on their profits 💰. Notably, the key level between USDT is significant due to the presence of sharks 🦈, who are intermediate-term investors. Their strategies rely on real volume profiles , which are not commonly discussed on media platforms like YouTube or Instagram, as they necessitate data analytics and volume studies 📈. The technical price objectives are depicted in the chart 📊.
The first objective stands around 1.14 USDT, reflecting a 150% profit for sharks🦈
The second objective is at 1.6 USDT, indicating a 600% profit for whales 🐳
However, it's crucial to note that these objectives are based on technical analysis and may change depending on market conditions 📉📈.
🚨 Attention Traders: Beware of Imitations!
It's come to my notice that many are adopting my ideas and even discussing them on their channels. But here's the deal: stick with me for the real deal, no services for sale! Boost to encourage more unique insights and ideas to flow. Together, we can navigate the markets with authenticity and success! 💡💪
Happy trading !
ADAUSDT: Trend in daily time frameThe condition of Cardano (ADA) coin is very sensitive and in case of further correction of Bitcoin and reaching the retest area, this condition and trend can be considered for Cardano.
Anyway, the color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
Be careful
BEST
MT
ADA Analysis: Key Levels and Trend Outlook 2024.12.28Hello, this is Greedy All-Day.
Today’s analysis focuses on ADA (Cardano).
Weekly Chart Analysis
Looking at the weekly chart, ADA is currently within the green box frame.
However, unlike the past, where the price oscillated within a box range with alternating bullish and bearish candles, the current zone has seen three consecutive bearish weeks, signaling persistent selling pressure.
Key Support Zone: Red Box
The red box represents the resistance level from 2022 before the breakout. It is now acting as a support zone under test.
If the support holds: ADA may follow a similar range-bound movement as seen in the green box on the left.
If the support fails: ADA is likely to drop further into the yellow box zone.
Breakdown Scenario:
If the yellow box support also fails, ADA may enter the blue box frame, with the potential to decline to as low as 0.216.
Daily Chart Analysis
The daily chart reveals several bearish patterns:
Head & Shoulders (H&S) pattern is complete.
Descending Triangle pattern is also complete.
Key Observation:
ADA is currently holding the 0.87 support level.
However, if the price breaks below the Ichimoku Cloud on the daily chart, the bearish patterns suggest a significant loss of buying momentum and a potential shift to selling pressure.
Target:
If the bearish scenario unfolds, the expected sell-off could lead to a 51% decline, with the price first testing the yellow box zone.
Additional downside potential will depend on whether support emerges in the yellow box zone.
4-Hour Chart Analysis
The 4-hour chart confirms that ADA has broken its short-term trendline, indicating a definitive shift in momentum.
Buying pressure appears to have dissipated, suggesting that the bullish trend is effectively over for now.
Upside Potential:
For ADA to regain bullish momentum, it would need to climb back above $1.00.
Until that happens, the market should be approached with a sell-oriented perspective.
Conclusion
ADA is currently in a bearish trend, with critical support levels being tested.
If 0.87 support holds, a temporary range-bound movement may occur.
If it breaks, ADA could fall to the yellow box zone or even enter the blue box frame, with a potential low of 0.216.
For now, a sell perspective is more appropriate, with cautious monitoring of the $1.00 level for potential signs of recovery.
Trade wisely, and best of luck! 🚀