ADA Outlook after the Dip. What to expect NOW ?The ADA is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADAUSDT trade ideas
Put Your Speculators On!This head and shoulders pattern could be just pure speculation at this point. In fact, let me reword that.. this IS speculation based on the fact that I missed the lows and psychologically, I'm really hoping this comes back to shore so I can get back on the boat with everyone else.
I do however do my technical analysis in advance and set alerts at levels like you should do and if it plays out then great if not there's always the opposite idea too. We move onto the next one.
For now though what I'm looking at is BITGET:ADAUSDT.P has closed the daily candle back inside the value area high ( VAH ) of the range they just left. I am now in a waiting game to see what happens with the second candle close but we just had a 7.5% drop from that value area high (white dots) and the weekly level.
The purple line is the previous Monthly VWAP (volume weighted average price) which when you go down to a lower timeframe it's actually touched (Just doesn't look like that here).
The yellow line is the previous Weekly VWAP which we had confluence with at the weekly level and the value area high and also back tested a couple of hours ago.
The blue bars are to show the 21% from the top of the head down to the neck of the head and shoulders pattern and then a repeated 21% from the neck to complete the pattern right into a point of control ( POC ) from a very high timeframe, I'm talking years.
If we start to lose some levels here like $0.35ish and back test it, I'll probably just wait to lose the POC and then see if we get the drop down into that area of confluence below at around $0.26.
I'm far too broke to be gambling so I'd rather wait and reward myself with a little bit of patience, who knows, it could just happen quickly but “Uptober” isn’t starting off that well so far.
I won't be looking for any long trades unless we can reclaim that weekly level and value area high. Targets would be the weekly level above with confluence from the high timeframe value area high and anchored VWAP from the all-time high (Green line).
This is not financial advice. This is just an idea and some slight education to put out there for anybody that's feeling a little bit lost about what they're seeing on the charts.
ADA Outlook after the Dip. What to expect NOW ?ADAUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
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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!!
ADA - Breakout or FAKEOUT?In many ways, ADA reminds of XRP.
And that's not a compliment... Big promises, cult following, failure to reclaim previous highs etc. Either way - ADA can and will still be traded, and profits can be made.
However, another worrisome thought is that (like XRP) many bagholders may be waiting to sell around every corner. This causes extremely tough resistance zones, and is often the reason why the price just cannot seem to get "back up there".
The clear higher lows after a bottom is a bullish sign - but is THIS the breakout? I don't know. This current resistance zone will tell. Either we smash through it and close daily candles ABOVE, or it wicks above and then drops hard to the lower side of .30's.
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BINANCE:ADAUSDT
On the way to 50 centsthe ADA is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨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!!
Lingrid | ADAUSDT level REJECTION. Potential BEARISH moveBINANCE:ADAUSDT reached the resistance zone at 0.39, where it rejected this level by forming an engulfing candle pattern. Over the past two months, the market has been moving sideways on the daily timeframe. However, the overall trend remains bearish, similar to many other altcoins. Given that the market has reached the top of the range, I anticipate a pullback as it continues to consolidate in this zone. Furthermore, the market has formed an ABC pattern, which typically suggests that a retracement is imminent. This further increases the likelihood of a pullback from the resisatnce. My target is support level 0.36
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
ADA long setup / 1:1 SettingBINANCE:ADAUSDT
COINBASE:ADAUSD
Hello Traders
💥Long position on CARDANO
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.3625
0.3665
0.3715
0.3760
🔴SL:
0.3370
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Cardano (ADA) — Worth WatchingAfter months of a downtrend, ADA seems to have found a bottom. Finally, slightly above the $0.30 level.
Moreover, ADA printed a higher low on the daily timeframe, signaling buyers are stepping in at this level.
However, it's definitely not time to rush into a trade yet.
In this post, I will explain everything you need to know to set up a proper trade. So, let's dive in!
1️⃣ Key Resistances to Watch
Let's start with the most important: ADA is approaching three critical resistances converging in the same region.
‣ EMA 200: ADA has been trading below the 200 EMA for months, with multiple failed attempts to break through.
‣ Upper Trendline of the Descending Channel: This trendline has been ADA's primary resistance during its downtrend. Breaking out of this channel could trigger a significant move.
‣ Recent High: ADA’s previous high aligns closely with these levels.
2️⃣ Trade Setup
If ADA can break above these three key levels, it could spark a massive rally. But until that happens, it’s too early to enter.
‣ Entry: Wait for a break and close above $0.42. This level will confirm the breakout from the EMA, the descending channel trendline, and the previous high.
‣ Target 1: $0.50 — First logical resistance after the breakout. Offers a potential ~20% gain.
‣ Target 2: Slightly below $0.60 — Stronger resistance and a potential 40% gain from the $0.42 entry.
‣ Stop Loss: To manage downside risk, a safe stop could be placed below $0.38, just under the recent higher low.
3️⃣ Volume Insight
The volume will be crucial in confirming any breakout. If ADA can push through these resistances with a significant increase in volume, it could trigger a longer-term trend reversal. However, without volume support, the chances of a false breakout increase.
In summary, the technical setup is compelling, but patience is key. Wait for a confirmed breakout before entering. If ADA can push through $0.42, it could signal the start of a strong rally.
ADAUSDT potential drop from the Resistance zoneADAUSDT shows a bearish trend on the daily chart, though it currently appears to be in a consolidation phase, similar to the broader sideways movement in the crypto market. The price has formed a range below the 0.35 resistance level, suggesting a potential decline to retest the support areas. The appearance of a doji candle on the daily timeframe indicates a pause in the recent upward movement, even with the overall bearish sentiment. The price could drop into a consolidation zone between 0.30 and 0.34 as the market looks for stability. The target is the support level at 0.3250
ADA 1H - 4H Area to watchADA 1H - 4H Area to watch
Possible pullback in this area to 0.33 - 0.36 to gain momentum and definitively break the current bearish channel that has been marking the evolution of the price since May 20.
As always in these cases, we have to analyze what the price does. If it breaks upwards we will position ourselves bullish, but if it breaks downwards, we can buy ADA at the support of the triangulation waiting for an impulse that breaks the resistance. In case of losing the base of the triangulation, we will be out of the value waiting for new signals.
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Adausdt trading opportunityADAUSDT corrective phase persists, with the price having recently emerged from a falling wedge pattern. Subsequent to this breakout, the price has entered a phase of consolidation.
It is anticipated that there will be a retest of the designated BUY BACK ZONE. Achieving this zone sets the stage for the price to ascend and challenge the established strong supply zone.
Vigilance is advised regarding the primary trendline depicted on the chart, as a price descent through this trendline could trigger a shift towards the critical demand zone.
Further updates will be disseminated as the price action unfolds.
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ADAUSDT - Long TradeOn Monday (manipulation day) price swept previous week low (PWL) with a great sign of strength - market structure break (MSB).
As a target, I prefer the opposite liquidity pool (equal highs) to the previous week high (PWH).
Excited to see your opinion in the comments, and I'd like if you boost this idea if it was helpful for you!
Inverse Head and Shoulders ?The inverse head and shoulders pattern is a widely recognized bullish reversal pattern in technical analysis. For ADA/USDT on the chart, this pattern could indicate a potential trend reversal from a downtrend to an uptrend. The pattern typically consists of three troughs, with the middle one (the head) being the lowest, and the two others (the shoulders) at a similar height. If ADA/USDT forms this pattern, a breakout above the neckline—drawn through the peaks of the two shoulders—would increase the probability of a bullish move. Traders often wait for a confirmed breakout with significant volume to gauge the strength of the reversal, with the pattern's target price typically being the distance from the head to the neckline projected upwards from the breakout point. However, external market factors and overall cryptocurrency sentiment should also be considered before concluding the likelihood of a strong upward move.