ADAUSDT trade ideas
#ADAUSDT is At an CRITICAL Point!🔸Since July 8, the crypto market has seen significant change in sentiment among traders, the Fear & Greed Index went from "Extreme Fear" to "Greed" in a matter of days resulting in the overall price increase in the top Cryptocurrencies.
🔹Bitcoin price increased by 15% leading to the entire crypto market to follow up including ADAUSDT. the pair even outperformed Bitcoin in the same timeframe rising by 30% from $0.3343 to $0.4490.
🔸Buyers successfully used the $0.3554 - $0.3402 support to push the price above the 50 MA ($0.4119) and the support at same price level, putting the price at an important level for further growth.
🔹With further optimism among crypto traders partly attributed to the potential election victory of the former president and his crypto-friendly running mate JD Vance. We can expect the price rise further reaching $0.4609, $0.4888 and the next major resistance, the 20 MA ($0.5193), if the 200 MA cracked the next target for buyers are $0.5834, $0.660 and $0.8040.
🔸Alternatively, if traders sentiment changed to a more negative approach just like how fast it changed to a positive one, it's possible for the price to retreat back to the previous support at $0.3550 where the next major support levels after below that would be $0.2576 and $0.1830.
Zanzibar Trading
ADA is at good prices
ADA is the cryptocurrency associated with Cardano, a blockchain platform. Cardano is a blockchain project that aims to provide a more secure and scalable infrastructure for the development of smart contracts and decentralized applications (DApps).
I start to accumulate ADA in this area because prices are
Right at the lower trendline of the ascending channel
Just above the Fib 0.5
If you have any news on their projects, please share in comments. Many thanks!
Honestly, I don't feel like explaining, the chart says it all !!BINANCE:ADAUSDT
Finally ADA breaked the Falling Wedge It means Price Can rise up well.
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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!!
55% Move Possible. Simple Idea.Keeping it very simple. We are now trading back within the range. I am expecting higher prices as long as this support holds. $0.66 Is the target.
If we fall back below support "Lower Blue Box" I would be out of any longs
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
ADAUSDT - In Bullish TrendMy analysis started with a 1D time frame where this pair had a bullish divergence. After that the chart has already made its 1st HH, HL awaiting. I have also plotted an ABCD Bearish Reversal Harmonic on a 1D time frame as a guide for the trend. Moreover, i have marked prominent Resistance & Support levels for my reference as well. Later, I checked the same chart on 4H and 1H analysis with no divergence on both. I selected 1H time frame for my trade analysis. The chart is in bull run (of course due to bullish divergence on 1D time frame). I have placed a pending order on 1H time frame.
The Signal is:
EP: 0.4474
SL: 0.4183
TP: 0.4765
RR: 2%
Lots: 62.67
ADA is still bearishCardano has bearish structure and is now creating a pullback in the internal structure.
The red area is where we look for sell/short positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#ADA/USDT#ADA
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.3600
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.3800
The first target is 0.4138
The second target is 0.4407
The third goal is 0.4736
ADA ANALYSIS🔮 #ADA Analysis - Breakout 🚀🚀
💲💲 In daily Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #ADA is trading around its crucial resistance zone and if #ADA breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.4393
📈Target Price -- $0.7489
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ADA #Cryptocurrency #Breakout #DYOR
ADA D Update
Following up on my previous analysis, we finally have a candidate for a bottom.
Price is showing bullish RSI divergence, and is making a higher high in smaller timeframes.
A break of green resistance will give me a mildly bullish bias, for a test of blue resistance.
Breaking blue resistance is very bullish for me.
ADA: POTENTIAL FALLING WEDGE BREAKOUT!Hey everyone!
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CARDANO(ADA) Looks good in the daily chart. It breaks from the falling wedge-like structure and looks ready for a 60-70% move to the upside. Buy some here and add more in the dip.
Entry range:- CMP and add more up to $0.394
Targets:- $0.454/$0.512/$0.568/$0.613/$0.684
SL:- $0.3636
What are your thoughts on ADA's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
ADAUSDT Trading Signal: SellDear Traders,
We have identified a trading opportunity for the ADAUSDT pair based on our analysis using the EASY Quantum Ai strategy. Here are the signal details:
Direction: Sell
Enter Price: 0.3959
Take Profit: 0.3852
Stop Loss: 0.4058
Justification for Prediction:
1. Market Trend Analysis: Our strategy indicates a bearish trend for ADAUSDT. Recent market activity shows a steady decline, suggesting potential for further downward movement.
2. Technical Indicators: Key technical indicators such as Relative Strength Index (RSI) and Moving Averages align with a selling trend. RSI is approaching overbought territory, indicating a likely downturn.
3. Volume Analysis: Decreasing buying volume coupled with a rise in selling volume reinforces the bearish outlook.
4. Support and Resistance Levels: The chosen entry and exit points are based on critical support and resistance levels. The Enter Price of 0.3959 is positioned just below a significant resistance point, making it a strategic entry for a sell position.
5. Risk Management: The Stop Loss at 0.4058 ensures that potential losses are minimized if the market moves against our forecast while the Take Profit at 0.3852 aims to capitalize on the identified downtrend.
Please make sure to adjust your trading size according to your risk appetite and financial situation. Remember, all trading involves risk, and past performance is not indicative of future results.
Happy Trading!
EASY Quantum Ai Team
Lingrid | ADAUSDT complex PULLBACK. SHORTBINANCE:ADAUSDT has been experiencing a downtrend, with each subsequent low and close being lower than the previous one. The market has been pulling back towards the round number at 0.400, which could potentially act as a significant resistance level. If the market rejects this resistance and the channel, as well as the downward trendline, I believe it's likely to continue moving down towards the support levels. However, when looking at the weekly timeframe, we see that the market has reached a demand zone and bounced off it. Therefore, I expect a only short-term retracement to occur. My target is a support level at 0.3690.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Cardano is approaching the main trendHey Traders, in today's trading session we are monitoring ADAUSDT for a selling opportunity around 0.40 zone, Cardano is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.40 support and resistance area.
Trade safe, Joe.
Cardano (ADA): Possible Rejection Zone!Cardano is interesting after the break of the local support zone, where, as of now, Price is re-testing the broken zones.
On a 4-hour timeframe, we see that the candle is rather pushy, where we expect to see a rejection from current zones.
But if we somehow manage to fully break and secure that current zone of re-test, we will be looking for that 200 EMA zone near the upper resistance for the short position!
Swallow Team