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ADAUSDT trade ideas

🔄 Cardano (ADA) Consolidation and Potential Upside Trade Setup!📊 Analysis: Consolidation Phase: ADA has been consolidating sideways for almost two weeks, indicating a potential accumulation phase. Key Level: Watching the $0.75 level closely for a breakout, which could signal a push up to the next area of resistance. Entry Point: Consider entry with a break of the $0.75 level, entering into a long spot trade. Upside Target: The next area of resistance is at $1.18 - $1.25. Stop Loss: Place a stop loss just below $0.68. 🌐 Note: Given the overall market conditions and the potential for a correction, it's essential to manage risk closely. Keep an eye on market dynamics and any news that may impact ADA.
Long
by Richtv_official
The price of ADA is going up. Do you think it will reach $1?BINANCE:ADAUSDT Point 0.7929: This is a crucial support level that the ADA coin price is currently approaching. Volume Increase: The trading volume of the ADA coin is increasing, indicating a growing interest in this cryptocurrency. RSI: The RSI indicator is approaching the overbought zone, suggesting that it is overbought. Conclusion: Considering the mentioned factors, it seems that the ADA coin is suitable for long positions in the daily timeframe. However, keep in mind that this is just an idea, and before any trading, you should do your own research and use proper capital management.
Long
by remykh
1
🚧ADA is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:ADAUSDT ✅Today, I want to analyze ADA for you in a 3D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Broadening wedge is broken and the price can reach 0.83 ,and as you can see, The bullish flag has been broken, which could be a positive event for Cardano's further growth also a Hidden bullish Divergence (HD+) on RSI which shows Positive Signs for CARDANO. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Flag - AB=CD - wedge - Hidden Divergence 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!!
Long
by CobraVanguard
2
Channel's FloorThe price trend of Cardano is identified as bullish, and it is positioned within an ascending channel. It is expected that the price will oscillate between the ceiling and the floor of this channel. The price was located at the channel's ceiling and had been predicted to possibly decrease to the channel's floor. The price is corrected to the floor of the channel, received support again, and grew, reaching the ceiling area once more. Currently, it is predicted that the price will decrease again and return to the floor area of the channel. However, if the price grows contrary to this prediction and stabilizes above the channel's ceiling, it might experience significant growth. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
Cryptolean Cardano ADA Update: Watch $0.76-$0.80 ZoneAfter a fast bearish dip to the key daily support at $0.57, an ascending trendline, 50-Day and 100 Day Moving Averages, Cardano recovered strongly. It is bullish in the daily ADAUSDT chart and re-testing the key daily resistance zone of $0.76-$0.80. Above $0.80, bulls will take control of the ADA price chart towards $1. A daily candle closure above $0.80 will push XRP price towards $0.90 and higher. A bearish rejection of $0.76-$0.80 zone will result in price declining towards $0.66, the current key support, for Cardano. The ADAUSDT 4-Hour chart is teasing the key intraday support of $0.72. A reversal from its current price location is likely and a bullish rejection of $0.72 will push Cardano to the key intraday resistance zone of $0.81-$0.84. A bearish dip to $0.69 or, even better, to $0.65 and a bullish rejection of one of these levels could offer a long trade towards $0.81-$0.84 and higher. ADA will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole #crypto market and ADA won't be an exception. Like once read. Thank you!
Long
by Trade-Lean
ADA: Bullish Reversal Structure Points to Potential Upside Cardano (ADA) is demonstrating a compelling reversal structure, exhibiting a tendency to respect bullish elements while disregarding bearish signals after initial reactions. Following its ascent to the 60-69 cent range, previously marked by a monthly bearish FVG , ADA found support around the weekly FVG level, leading to further expansion. This shift suggests a transition in order flow dynamics from bearish to bullish. Given that FVGs represent internal liquidity draws, there's an anticipation of an upward expansion towards the 90 cent mark, aiming to surpass previous highs and ultimately targeting the 1.2 level. However, it's prudent to anticipate a sell-off during the summer months, potentially bringing ADA down to the $1 region. This move would serve to reverse the bearish FVG and provide an opportunity for re-accumulation before attempting to breach the all-time highs. In summary, ADA's current price action indicates a favourable outlook for further upside potential, with resistance levels likely to be challenged and overcome. However, investors should remain vigilant of potential short-term corrections and utilize strategic entry and exit points to capitalize on the anticipated bullish momentum
Long
by HadesFutures
Alikze → ADA | Cup pattern formationIn time H8, a cup pattern is formed, the depth of which is more than 37% according to the structure, which in time D1 has a resistance in the supply area, and this break will have the ability to grow up to the specified area with support of 0.5860. Therefore, this break should happen soon for the specified target. The specified areas can be considered as profit limits. 🟩Sup:0.5860 ⛳️Tp 1:0.6806 ⛳️ Tp2 : 0.7826 ⛳️ Tp3 :Red Box ------------------ Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
2
Cardano price can reach 0.78 levelHi everyone, Cardano price broke all levels and set new yearly high 0.68 price level. To be honest I didn't expect this bull run in December as Cardano price rose more steadily than rapidly. At this point main resistance remaining at 0.78 price level. In case if ADA manages to break it then road to $1 becomes open. It might be that after reaching 0.78 price level there might be some price correction on Cardano. I don't think that ADA will manage to break 0.78 before Bitcoin halving happens. Cardano price already increased on more than 50% just in one week and it's not good idea to expect another 50% increasement from it. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
9