Can 128% be soon?Cardano (ADA) is one of my favourite coins which I choose to invest in. This is trade (investment) setup on larger timeframe. If you never bought ADA before it is still not late. I am not looking to reach targets 2,3,4 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and hopefully on Target 4.
Entry Zone: 0.50 – 0.57
Buy Zone 1: 0.30 – 0.37
Buy Zone 2: 0.13 – 0.16
Target 1: 1.33 – 1.44 (128%)
Target 2: 2.83 – 2.93 (390%)
Target 3: 4.35 – 4.89 (651%)
Target 4: 5.73 – 5.84 (891%)
ADAUSDT trade ideas
Cardano (ADA) Analysis
The price of ADA pulled back from $0.3940 and testing the support zone (Red) at $0.3524 - $0.3616. If this red support zone holds, the price could bounce from here, and then the targets are the next resistance level at $0.3940 and the next resistance zone (Green) at $0.4177 - $0.4286. If the price breaks down the support zone (Red), we might see it move to the next level at $0.3210, and further decline leads to the next support zone (Blue) at $0.2698 - $0.2770.
Everything is on the chart
ADA Forming a bullish pattern on a Monthly candleForming a bull wave with a base support at 0.25 aiming 1 . Since the price dropped hard there should not be a stop loss just a good entry but if traded with leverage then below 0.25 should be the stop. Main target is 1 but if it breaks hard higher bands will be in reach.
Cardano (ADA): Possible Failed Re-Test To Happen / Sell MomentumCardano had another rejection from EMAs, where the price is now re-testing the local broken zone (currently the support zone).
We are looking for a break in that zone, which would mean a failed re-test and a possible movement back to lower zones of liquidity here!
Swallow Team
ADA ANALYSIS🔮 #ADA Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #ADA. It's a daily time frame breakout and we will see more higher price in long-term. After a successful retest, we could see proper a rally 📈📈
💸Current Price -- $0.3990
📈Target Price -- $0.5900
⁉️ 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
ADAUSDT !!Hi.
BINANCE:ADAUSDT
ADA is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .
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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!!
ADA: Bullish volume should pick up soonADA: Bullish volume should pick up soon
ADA completed a bullish triangle pattern and is showing the start of a bullish wave.
The price broke out of a strong resistance area near 0.3550, now turned into support.
A retest of the broken resistance should push the price back up near 0.3870 and 0.4180
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ADA shortThe price faced a rejection at the 4H fair value gap, which I saw as a prime opportunity to enter a short position. My plan is to target the sell stops for profits, but I'm also mindful of the potential for further decline. Given Bitcoin's current momentum and the risk of a sharp drop, altcoins like Cardano could experience significant losses. I'm staying cautious and ready to adjust my strategy accordingly. BINANCE:ADAUSDT
30% Rise Incoming#Cardano has held price above the major VAL and weekly level for a few days. I'm expecting higher prices. The POC 30% away is the target.
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Looking for buy opportunities in the crypto market!Hello traders and investors!
I’ve selected four assets in the crypto market where buying opportunities can be considered. Each of these four assets has formed a range, with the seller's impulse completed and the buyer's impulse now active.
BNB : Buyer’s 10-11 impulse, potential targets: 598, 645.2
TON : Buyer’s 6-7 impulse, potential targets: 7.35, 7.72, 8.1582
AAVE : Buyer’s 11-12 impulse, potential targets: 120.08, 132.57
ADA : Buyer’s 5-6 impulse, potential targets: 0.3730, 0.4292, 0.4504
Among these, BNB appears the strongest, as two buyer's zones have formed in the 10-11 impulse. These zones were created when the buyer absorbed a seller's candle with increased volume (the buyer's zone is marked by a blue rectangle on the chart).
ADA, on the other hand, looks the weakest among the four, as it has not yet been able to close a daily candle above the high of the August 8th candle, which absorbed the seller's attack on the lower boundary of the range, forming a buyer's zone.
It's advisable to use lower timeframes when looking for buying opportunities. I have selected examples of lower timeframes for you.
ADA - That Doesn't Look Too Promising! More Downside Potential AADA's recent performance has been very weak. As a result, the token has constantly gotten closer to its bear market low. While ADA currently trades at a level slightly above 30 cents, the bear market's low is only 6 cents away.
In addition, the ADA's long-term chart (1D) doesn't look very promising. On the contrary, the token has been trading in a descending channel since April.
The descending channel is a chart pattern marked by constant lower highs and lower lows (marked with red).
Obviously, this chart pattern is considered highly bearish. As long as ADA cannot a) create a higher high and b) break out of the channel to the top, we can expect continuation and more downside potential.
By the way, in terms of trading, such channels are a blessing :)