ADA (CARDANO) UPDATE This is an updated Elliott Wave count to the previous analysis for BINANCE:ADAUSDT PREVIOUS ANALYSIS OTHER ANALYSIS BINANCE:LINKUSDT OKX:CFGUSDT BINANCE:APEUSDT BINANCE:ARBUSDT BINANCE:ALGOUSDT Longby DewyCandlesUpdated 116
ADA - Target $1,20 - Cup and handle pattern on daily timeframeI see a new pattern developing on the daily timeframe that can let ADA's price increase up to $1,20. The blue lines shows a cup and handle pattern.Longby Soul_Investments19
ADAUSDTI think ADA is at very strong support zone This is my idea Act with your own strategyLongby A-SDUpdated 11
CARDANO Long EntryI currently see 2 main positions from which Cardano could recover and go upside. First one is between the first two green lines - in the purple box. SL set below the box. And the second position is between the two lower green lines - again entry in the purple box and SL below the box. My current TP is around 80%, and after that being reached, I move SL onto 20% profit line.Longby PaulShepherd5521
ADA thesis with RAG AI by TItan_Karma Given the current market conditions for ADA, there is a favorable environment to consider entering a LONG position. The recent news surrounding ADA, particularly discussions about censorship on social media and the integration of AI, could positively influence market sentiment. The price of ADA is currently at $0.838, with a significant trading volume of approximately 307.87 million, indicating strong interest from traders. The long-short ratio suggests a bullish sentiment, particularly in the 1d and 1h timeframes, where long positions outnumber shorts. From a technical analysis perspective, ADA is showing strong bullish momentum across multiple timeframes. However, the RSI values are above 70, indicating overbought conditions, which suggests a potential pullback. It is crucial to monitor for any bearish signals or reversals, especially as the price approaches resistance levels. The historical data indicates a general upward trend, with support levels around $0.7400 to $0.7600, which could provide a buying opportunity if the price dips. In terms of coinglass_data, real-time metrics such as open interest, weighted funding rate, and liquidation data will be essential to gauge market dynamics. Additionally, insights from TradingView and CoinMarketCap will help identify the best predictions for scalping investments today. The current market sentiment from Augmento.ai and CryptoCompare will also provide valuable context for potential price movements. Technical Analysis: The current indicators suggest a strong bullish trend, but caution is advised due to high RSI levels. The volatility analysis indicates that the market is experiencing fluctuations, and the order book dynamics show significant buy walls, which could signal upward price movements. The momentum indicators are also showing strong upward trends, reinforcing the bullish outlook. TRADE RECOMMENDATION json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$0.8000", "TAKE_PROFIT": "$0.9000", "CONFIDENCE_LEVEL": "75%", "EXIT_POINT": "$0.8500", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }Longby titankarma2
Can Cardano go higher?Good afternoon. I'm looking at 3rd of a 5 wave up in a larger wave 5. Can the wave 3 on the micro reach the next fib of 0.78 before a 4th wave down? The 0.78 was also the March 2024 high. Smash this and we can start looking at the next targets on the micro. Fingers crossed and good luckby scottlad11Updated 9
Correction over the weekend?Good Morning We hit the 0.78 fib as expected, im now waiting on a correction to 0.6519 - 0.6944 area. Good luckby scottlad111
ADAUSDTI have specified buying points in two stages for holders Additionally I’ve marked points where after a breakout the price could potentially move toward Cardano’s path may be uncertain but the opportunities are real Remember nothing is 100% certain. by FarshadenayatiUpdated 6
Ada Micro updateGood Evening folk I'm seeing 3 waves correction (wave4) looking complete. I'm now waiting for 3 waves move up (wave5). Same targets as previous. Good luck and happy trading.by scottlad111
Cardano ADA - 200D SMA Bull Regime DetectionTo view script: Understanding the chart Bullish Regime: The price is currently above the 200D SMA, indicating a bullish regime and a regime duration of 16 bars. Strong Momentum: Large distance from price to both SMAs (119.62% and 141.38%) suggests powerful upward momentum Historical Price Action Long Bear Market (2022-2023): Extended period below 200 SMA Multiple failed attempts to break above Declining 200 SMA indicating strong bearish trend Accumulation Phase (Mid-2023): Price consolidated around 200 SMA Reduced volatility Built base for current move Recent Breakout: Clean break above 200D SMA Sharp increase in volume and momentum Longby igreycrypto2
Cardano (ADA) - Pullback Expected!Cardano (ADA) has managed to breakout out from a key resistance level of: =$0.40 and has been on parabolic run since with +100% gains from a single weekly candle. Bulls momentum will be exhaused from this buying presure. Expect the bears to create a healty pullback back down to the following: "NEW" Support Zone= $0.54 If a weekly candle can close between: $0.54 - $0.59, then ADA will retest $0.65 again. ADA is still forming higher lows on the chart with trend lines which is bullish also for long term! 🌟Target= $0.90🎯 ‼️DISCLAIMER PLEASE READ CAREFULLY‼️ *(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS THAT YOU MAY MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSE MONEY, IF NOT ALL.) (CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION. SEEK PROFESSIONAL ADVICE FROM A CERTIFIED FINANCIAL ADVISOR.) by Bitcoin_Benny9
Cardano Steadies Its Pace: Next Stops for ADA Price Action!🐢🚀 Cardano Steadies Its Pace: Next Stops for ADA Price Action! 🌟 📈 Cardano (ADA): The Turtle Finally Breaks Free! 💎 Cardano has been delivering strong moves lately, as it finally awakens from a prolonged consolidation phase. Dubbed the “turtle” compared to Solana’s “hare,” ADA has proven its steady resilience with a significant pump this season. Let’s explore the key levels and what’s next for ADA. 🔑 Key ADA Levels: 1️⃣ Current Price: Above $1.00 – a psychological barrier now acting as local support. 2️⃣ Support Levels: $0.9839 remains unchecked and could act as a backstop if ADA retraces. 3️⃣ Resistance Zones: The next challenge lies at $1.19 before ADA can aim for higher targets. 4️⃣ Upside Potential: My chart extends to $1.99, suggesting Cardano could flirt with a potential new all-time high this season – provided momentum holds. What’s Driving ADA? Trump Effect? Cardano’s narrative gained some buzz after its founder, Charles Hoskinson, appeared aligned with political momentum in the U.S. While speculative, the market seems to have reacted positively. Steady Growth: Unlike explosive alts, ADA’s calculated price action makes it attractive for traders who favor structured moves. 🚦 Strategy Notes: 📊 Day Traders: Watch the $1.19 resistance closely for breakout plays. 📊 Spot Holders: Accumulation near $0.98 support could be a safer entry if retracement occurs. Closing Thoughts: Cardano remains a fantastic trading asset this season, offering a mix of stability and upside potential. While ADA may lag behind faster-moving tokens, its technical strength and long-term potential make it a contender for the next leg up. 📈 What’s your take on ADA’s path to $1.99? Comment below! One Love, The FXPROFESSOR 💙Longby FX_Professor9
ADA Surges Amid Rumors of Hoskinson-Trump PartnershipIn his latest YouTube live stream, Charles Hoskinson, the founder of Cardano, announced plans to establish an office dedicated to engaging with government authorities, strengthening Cardano’s strategic position in the global regulatory landscape. This initiative underscores Cardano's commitment to aligning with market trends and regulatory requirements, positioning the ecosystem for greater institutional adoption. Hoskinson revealed that his team is in contact with key political and regulatory figures, indicating that Cardano is strategically poised to benefit from regulatory advancements and new opportunities in the global cryptocurrency market. This move aims to ensure that the blockchain remains not only competitive but also a leader in compliance and innovation. With this enhanced focus on regulation and the network's ongoing technological advancements, such as the growth of its DeFi ecosystem and increasing interoperability, ADA has a realistic potential to reach $8 in the near future. Analysts highlight that, supported by Cardano’s solid fundamentals and strong community backing, the project is well-positioned for substantial growth, especially in a more defined regulatory environment. This new phase cements Cardano as one of the top contenders in the crypto market, offering significant opportunities for investors looking to capitalize on its upward trajectory. BINANCE:SOLUSDT COINBASE:BTCUSD BINANCE:BTCUSD Longby SophiaAnderson1117
ADA EOY targetsHello Tradingview community! As always: If these patterns I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR The chart explains it all pretty much.. From my own TA perspective, it seems that BINANCE:ADAUSDT could be at around 0.60 - 0.80 cents EOY and potentially even the 1 dollar mark. What about downside? Well if Bitcoin takes a massive dump then ADA could hit the 0.25 - 0.31 zone (i find it unlikely) Even though I'm clearly more bullish than bearish I still ALWAYS consider downside while being it. Just an idea, BOOST if you like it and follow for more! NFA DYOR <<<<------Longby RandomTAdudeUpdated 2213
ADAUSDT - Extremly bullish on ADAbreakingout a falling wedge pattern after more than 11 months of consolidation this rise is just the beginning 1.5$ is a definite target best regards Ceciliones🎯Longby cecilionesUpdated 6640
#ADA Breaks Through Key Resistance: Is a Major Rally Ahead?Yello, Paradisers! Could this be the moment #Cardano finally takes off, or are we facing another potential setback? Let's discuss the latest #ADA analysis: 💎After breaking through the descending resistance of its falling wedge pattern, #ADAUSDT is showing promising bullish momentum. But before we get too excited, let’s dive into the crucial levels and scenarios to determine the next probable move. 💎Currently, #Cardano is approaching the demand zone around $0.313, a vital support level that could spark a new leg up. If CRYPTOCAP:ADA rallies from here and breaks the $0.417 resistance level, we might witness a notable shift in market structure, potentially propelling the price toward higher resistance targets. 💎If CRYPTOCAP:ADA fails to hold this demand zone, it could slip down to test the critical support between $0.274-$0.290. This range, aligning with a previous low, acts as a crucial price floor. For the bullish outlook to stay intact, CRYPTOCAP:ADA must reclaim the $0.313 level with strength. Any sustained move below this level could indicate a breakdown. 💎On the other hand, if a daily close occurs under the $0.274 support, the bullish case would be invalidated, putting CRYPTOCAP:ADA at risk of setting a new lower low. Such a scenario would significantly increase the likelihood of further declines. Always aim for precision and keep a close eye on the critical zones to maximize your trading edge. MyCryptoParadise iFeel the success🌴Longby MyCryptoParadise_SimonUpdated 2244
ADAUSDT on the rise : What to expect in the next 72 HoursFollowing trump's victory and BTC rally , ADAUSDT has broken out upwards from a triangle pattern .It's predicted to grow another 22% over the next 3 days , and if it successfully surpasses the 0.5700 price level , it could see additional 17% increase . Longby habib75rajabiUpdated 5518
A Greedy Market Emerges: Return of The Sleeping GiantADA has finished consolidating and has officially reached escape velocity, entering a strong zone of liquidity to fuel further movement to Jupiter. With a lovely confluence of increasing volume, a big green dildo, and Trump's victory, ADA is destined for further gains. With an absolutely screaming RSI, I'm waiting for a .34 fib retracement to 0.5465. TP1 at 0.749 and TP2 at 1.20. Happy trading, MelonfarmerLongby melonfarmer51115
ADA Coin Market Structure Analysis on Weekly Time Frame- Week swing is bullish => current is pullback. - Day swing is bearish. - The current price is in the demand zone of the weekly timeframe so we look for buying opportunities in this zoneby quangcttnUpdated 15
Adausdt for buyPrice retested a weekly support level, brokeout of a trendline. Wait for breakout, retest and a bullish candlestick pattern for confirmation on the resistance zone above.by makindetoyosi212
When to enter?Best price to enter long on CARDANO (should it reach it) is $0.4684. Analyze when price reaches there.Longby forexise11
A Hate Trade - A long time comingCardano has received as much hate as Ripple and the XRP community. Rightfully so over the years. Rightfully, if you are new to the markets and expect a company to build and develop game changing something or another in just a few short years. If you watch Shark Tank, or anything similar to an investment show, you should take note that many of the people looking for money from the sharks, started their business 5-7+ years ago, prior to the success they have at the time of their appearance, and thus bringing them to point of expansion. TLDR: Cardano has played the long game. And this time, it might pay off. Next big stop is the big psych 1$ level. If the broader market carries forward, this level will be a nothing burger. It might provide nice support on a breakout and retest type trade. And that very well could be the last time we see this level if this bullrun provides new all time highs. Longby VaulTradeous8