ADAOn the day chats falling flag, back in the day you will find a lower dominance candle.
One the 1 H chart there will be some a brack of the tendline
ADAUSDT trade ideas
ADAUSDT / M15 / SHORTADAUSDT may fall from the Bearish Order Block
Bearish Order Block: 0.3531 and 0.3520
ADAUSDT is approaching a bearish order block. If the price touches this area, we can anticipate a potential downfall. There is a high probability that the coin will decline after hitting the order block. Let’s monitor what happens next and how the price reacts. I used Smart Money Concepts (SMC) to analyze this chart for a more accurate prediction.
Entry Price :- 0.3520
Take Profit :- 0.3461
Stop Loss :- 0.3579
Cardano updatethe price is overall bullish and last night I shared an update about the previous day and week's highs getting swept.
the price will take a while to go and actually reach that zone for possible sales and we can take advantage of this bullish move.
the price took external liquidity and currently heading to take the external low as well( E to E sweep).
so this a very risky trade due to price can easily run the liquidy and go deeper.
but I set a limit after the sweep of the weekly low that has not been yet swept, for a possible bullish momentum toward the upside.
targeting 1:2 and stop loss below the previous week's low.
this is not a piece of financial advice just my personal opinion.
Best of luck traders.
Cardano Updatethe price took the weekly high first and after that, it took the daily high as well and broke the daily towards the downside. Still, it failed to sweep the external weekly liquidity so I'm expecting the price to do that so I set a limit order at the extreme zone and targeted a 1:2 RR and stop loss above the recent high to see if we tap into the trade or not. either way, it is a pretty good position if it works out
ADA $0.40 key levelAlthough ADA remains in a downtrend, its lows are gradually rising. A breakout above $0.40 is needed to trigger a potential reversal.
The MACD is sloping upward, indicating momentum is in favor of the bulls.
Cardano / ADA Cardano price today is $0.37with a 24hour trading volume of 610 million dollar. ADA price is up 3% in the last 24 hours and 45% up since last month
what is cardano? well, cardano is a proof of stake blockchain cryptocurrency founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. The Cardano blockchain was created for decentralized application distribution and it hopes to solve issues such as scalability, interoperability, and sustainability. Smart contracts are also adapted in the design of Cardano to ensure the blockchain platform can run independently without the need for any professional or third party oversight. now lets talk about ada price
as you can see Ada stuck in a blue channel and bulls trying to break it and back to 0.41 which is another important resistance, if ada breaks it then 0.45 and 0.49 are next targets
When everyone is busy on other alts, ADA cooking its own MOVE!↑↑I'll simplify on this one -- reflective of ADA's non complicated nature.
KEY NOTE:
WEEKLY Price Yearlong standing price support -- currently bouncing off it with accuracy.
WEEKLY NET VOLUME surge.
Weekly Histogram Higher Lows.
Thinning movements on the lower price range -- HUGE HINT.
Currently sitting just above 1.0 FIB level -- beyond bargain / discount.
THIS IS RIPE for BIG MOVES. A bottom fish opportunity that doesn't come very often.
Previous ATH target will not be far-fetched.
Spotted at 0.29
TAYOR
Safeguard Capital always.
Descending TriangleThe Cardano (ADA) chart currently shows consolidating within a compressed descending triangle, characterized by lower highs and higher lows. Recently, there was a false breakout on the upside, but the price failed to hold above and returned to the range.
Given the current market conditions, a confirmed breakout above the triangle could signal strong buying momentum, leading to a significant upward move. This bullish movement could occur as buyers accumulate the necessary liquidity to push the price higher.
If this breakout is confirmed, we could anticipate further upward targets.
However, if the breakout is not confirmed and the price continues to range within the triangle, we should expect more price fluctuations and potential consolidation.
ADA long term and short term perspectivehello guys!
-------long term perspective---------
Long-term support zone: Cardano has found support around the $0.30 - $0.35 level, with previous price action indicating strong demand in this area (engulfed area and old S&D zones).
Bullish reversal potential: The price seems to form a bottom after engulfing the support region, hinting at a potential bullish reversal.
Long-term target: The next major resistance is in the $1.20-$1.80 zone, marked as a long-term target, which aligns with previous highs.
Upside path: If the current support holds, ADA could be positioned for a sustained rally toward the long-term target, especially as buyers regain confidence.
Bearish scenario: A failure to hold support around $0.30 could see the price retesting to below $0.18.
-------short term perspective---------
Immediate Support Zone: Cardano (ADA) is testing a strong support area between $0.33 - $0.34, which aligns with the lower trendline.
Potential Bullish Rebound: A bounce from this support zone could see ADA targeting the resistance zone at $0.38 - $0.39. The engulfed area suggests a possible reversal signal.
Clear Resistance: The $0.39 zone is a significant resistance where sellers previously controlled the market, making it a critical area to watch for any breakout.
Downside Risk: If support fails to hold, the next potential drop could bring prices lower toward $0.30.
ADAUSDT LONG TRADE IDEA EXPLAINEDADAUSDT Long from Demand zone below the Sell Side Liquidity. And DCA area is also marked.
Higher low spotted#ADA has recently established a higher low, holding strong at 0.34. We're now waiting for a breakout above 0.40 to signal a potential trend reversal.
Cardano Faces Resistance, Will It Follow Bitcoin?Today we saw Bitcoin producing a strong move upward. Is this move a bull-trap or the start of a major bullish wave?
When Bitcoin goes bullish, the Altcoins turn bullish.
If Bitcoin is set to move up for weeks and months and hit a new All-Time High, the Altcoins market, projects such as Cardano, would respond with maximum bullish momentum and growth. Maximum growth is not present on this chart.
Cardano (ADAUSDT) is right now facing resistance below EMA144 as the day turns red. Trading volume is really low and there is no significant bullish action.
We saw something similar with XRPUSDT, PEPEUSDT, SOLUSDT, TRXUSDT, TONUSDT and other major Cryptocurrency trading pairs.
If Bitcoin was set to hit a new All-Time High next, we would see these pairs breaking resistance and closing full green. Seeing these pairs producing a red candle today with no volume is a warning signal.
Bitcoin can be producing a bull-trap, a false breakout before one major drop. This is revealed by the fact that the Altcoins market is not responding to Bitcoin's growth.
Cardano seems bearish below resistance.
Thanks a lot for your support.
Namaste.
Ada / Usdt BINANCE:ADAUSDT
In the ever-evolving world of cryptocurrencies, Cardano (ADA) found itself at a pivotal juncture. Traders were keenly watching as ADA respected its support level around 0.3454, a vital threshold that suggested a strong underlying interest.
As the price oscillated, the next resistance level loomed at 0.3654. If ADA could break through this barrier, it could ignite a rally toward the next targets at 0.3893 and even 0.4200.
But the market is full of surprises. If ADA failed to hold its support, traders were aware of the potential risks.
As always, the community reminded each other: “This is not financial advice; make sure to do your own research and tread carefully.”
And so, the journey of ADA continued, filled with hope and uncertainty in the dynamic realm of crypto trading.
Remember, this is not financial advice. Always do your own research before making any investment decisions!
adausdt buy signalAccording to the movements of smart money, there is a very good possibility of increase
***Please consider investment management in this case, thank you***
ENTRY:0.3560
ST:0.2140
TP:1
R/R=6
$ADA cardano ! CRYPTOCAP:ADA is forming a bullish pattern
but this pattern must be completed.
im waiting for the pattern to from.
thnak you for visiting
Cardano (ADA): Possible Move To Liquidity’s Zone Cardano has multiple nice touches to EMAs on the daily timeframe, where we are looking now for a possible further pressure from sellers, which would result in a movement to the zone of liquidity.
This will be our gameplan for Cardano coin until we remain below 200EMA.
Swallow Team
Maintaining The Position Above The TrendlineCardano (ADA) is currently maintaining its position above the trendline, showing signs of bullish momentum. The price has successfully closed above the previous resistance level of $0.3528, which is a positive indication of potential upward movement. Given the clean price action to the left, there is a possibility for a short-term rally towards the next key resistance area at $0.3700. If this level is tested and broken, it could pave the way for further bullish moves in the near future.
ADAUSDT is about to come down side nowADAUSDT is about to come down side now
ADAUSDT is about to come down side from the bearish order block. There is high probability that the price will come down. open sell position immediately.
BULLISH ORDER BLOCK :- 0.3362 AND 0.3314
BEARISH ORDER BLOCK :- 0.3569 AND 0.3543
i have analyzed the chart using SMC. My analysis shows that :-
ENTRY POINT :-0.3528
TAKE PROFIT :- 0.3454
STOP LOSS :-0.3602
ADA bbuy💹 ADA/USDT Price Action Analysis 🔍
🔻 Sell Signal:
Entry: $0.3578
Stop Loss: $0.3710
Target 1: $0.3486
Target 2: $0.3442
📉 Price approaching resistance zone (0.367 - 0.371). Watch for potential reversal patterns for a sell opportunity. 🚨
🔺 Buy Signal:
Entry: $0.3442
Stop Loss: $0.3373
Target 1: $0.3486
Target 2: $0.3578
📈 Strong support near $0.341. Looking for bullish reversal to confirm long entry. 👀
ADA DesfrostAfter a period of stagnation, the ADA cryptocurrency has remained relatively frozen. Could we foresee an algorithmic rebalancing to purge selling pressure, thereby maintaining market efficiency?"
This concept refers to the possibility of using automated algorithms to adjust the market and reduce excess selling activity, which could help stabilize or improve the price by aligning it with natural demand and supply dynamics. Algorithmic rebalancing typically involves automatic adjustments that help prevent over-saturation of the market with sell orders, maintaining liquidity and price efficiency.
down or up?🫡As always, I start with cycles to figure out what position to take
We do not have a particular trend in HWC, MWC is decreasing and LWC is also decreasing.
So I am looking for a short position
We should pay attention to these points that if 0.4014 is HIGH and 0.3327 is LOW, then if the LOW is broken, we can get this HIGHLOW confirmation information based on the DOW. We also have a trend line. If we see weakness in reaction to the trend line, we can take a short position by breaking the trend line🧐
⚠️Do capital management⚠️
ada weeklyI believe the weekly trend is descending. if it losses the support created by candle 05 aug 2024 it will go to the next support at the price range 0.22 and 0.26
ADA → Bearish Pressure !!!The price is forming a descending head and shoulders pattern, indicating a lack of liquidity in this time frame. If the price follows this pattern, it could drop to around 30 cents.
✨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!!
