Price Reactions to Drawn ZonesThe suggested positions are only applicable after receiving the necessary confirmations and do not represent definitive trading points. It is understood that entry and exit points may be updated during the trade. Please note that this is solely an analysis and not a financial or trading recommendation. The responsibility for any risks taken lies with the readers.
Wishing you success.
ADAUSDT trade ideas
ADA And the Crypto ReserveCardano is forming a bull flag after coming back to the .6 area and capitulating up to my previous addressed 1.17 resistance. I think the $.8032 will provide support and a possible bounce point if not there the .7865 support looks interesting.
ADA is not moving in tandem with BTC at the moment bc bitcoin isn't in the talks for fridays crypto summit at the white house... i have been saying that i see 1.49 iin the near future for ADA.....Is it this weekend???
Cardano Update: Bullish MA200 Daily Long-Term & Short-TermLet's have a closer look at Cardano, ADAUSDT; look at the volume, what do you see?
It is not only yesterday's rise that is out of proportion with the rest of the days, early February and mid-November 2024 are also mainly green. Really high volume, always on green days. Notice how low the volume bars are on bearish (red) days.
After a strong bullish breakout, a reactive move, there is always a retrace. This retrace should be short-term and short-lived. That is, prices move lower shortly before additional growth. Whatever happens, this retrace will always end as a higher low compared to the start of the bullish jump. This means that Cardano is going up. Going up long-term and set to continue to grow on the short-term. But the market never moves straight up in a signal week, month or day.
If an advance is set to last only 30 days, we can definitely see a parabolic rise but, for this to happen, we would have a strong and long consolidation phase preceding the move. The best example is recent, late 2024. Consolidation happened between August and October 2024 and then a massive jump. All those months building up momentum and then a move with massive force developed. Now it is different because we won't see a simple bullish jump, we are set to experience long-term growth. Say Cardano grows for 8 months or more, until late 2024. Consider a new All-Time High around November 2025. Can be sooner or can be a bit later but here we are developing a map.
The important point is to focus on the long-term. Ignore the noise, ignore the short-term. The best example is Bitcoin, it was weak and bearish for six days, all loses were recovered in a matter of hours. This is how a volatile and young market behaves. Prepare for more.
Cardano is good. The chart reveals a bullish bias and the price is nice and strong. MA200 daily worked as support and yesterday's breakout recover EMA55, the action is happening above. A break and close above EMA55 confirms growth potential mid-term. The trading above MA200 daily means that it is confirmed, we are bullish on the long-term.
The bullish bias was confirmed in November 2024. The recent drop was a test of a resistance level turned support. The test was a success, MA200 holds. With this confirmation done and over, we are green and up we go.
Namaste.
ADA/USDT at Decision Point โ Major Move Incoming!ADA/USDT is testing a major resistance zone after retesting the 100 EMA and bouncing from the rising support line. The price remains in a long-term symmetrical triangle, with the resistance trendline as a key breakout level.
The Stochastic RSI is recovering from oversold levels, indicating potential bullish momentum. A breakout above resistance could trigger a strong uptrend continuation, while rejection may lead to a pullback toward support.
ADA last chance to get in? Are you allocated into ADA? Why not? It just pumped almost 100% yesterday because of Trumos Twitter Tweet. Imagine what happens when the general public finds out this. Or will it never happen?
Was this your last chance to get in cheap?? We just touched the 78.6 fib... Are we going up?
ADAUSDT Breakout Incoming or Another Fakeout?Yello, Paradisers! Are we about to see ADAUSDT explode, or is this just another trap for impatient traders? Letโs break it down!
๐ADAUSDT is looking solid after completing a proper double zig-zag corrective phase. The key to confirming the next move lies in breaking and closing a candle above the resistance level. If this happens, it significantly increases the probability of a bullish breakout. Why? Because ADA is still trading in the discount range of a descending channel, and weโre also seeing bullish divergenceโa strong confluence signal for upside momentum.
๐However, if ADA pulls back or retraces further, the smartest play is to wait for inducement. Ideally, we want to see bullish structures form, such as a bullish I-CHoCH or well-known bullish patterns like a W formation or inverse head and shoulders on lower timeframes. If those confirmations appear, the probability of a bullish move shifts in our favor.
๐On the flip side, if ADA falls sharply or closes a candle below the support zone, it would invalidate our bullish scenario. This would likely extend the corrective wave into a deeper structure, signaling that itโs best to stay patient and wait for clearer price action.
๐ Bottom line? The market is setting up for a major moveโeither a powerful breakout or a deeper retracement. Only those who wait for the right confirmations will come out on top. Stay disciplined, Paradisers! ๐
MyCryptoParadise
iFeel the success๐ด
ADA Bullish Breakout Incoming? Key Levels to Watch! Overview:
#ADA has been following a perfect harmonic pattern and has now completed it. On the 1-hour timeframe, a bullish divergence has formed, signaling potential upward momentum. But is it time to go long? Let's break it down.
Key Confirmation:
๐น Harmonic pattern completion
๐น Bullish divergence on 1H timeframe
๐น Price respecting key support levels
๐น The final confirmation? A break and close above resistance!
Trading Plan:
๐น Entry: Wait for a 1-hour candle to close above resistance
๐น Targets: TP-1: 0.78 and TP-2: 0.8250
๐น Stop-Loss: Below recent swing low for proper risk management
Whatโs Your Take?
Do you think #ADA will break out or face rejection? Share your thoughts in the comments! Letโs discuss and trade smartly.
Follow for more trade ideas!
Cardano Long-Term: Crypto Strategic ReserveCardano grew by 18,352% between March 2020 and August 2021. The highest volume came in on the third wave and we ended with a truncated five.
Seeing this performance in the last bull-market, we can aim high. Instead of being too conservative and making the same mistake as always, aiming too low, let's aim higher because we know that Cryptocurrency has huge potential, it is new and young.
From current price to $10.5 we are looking at ~895% potential. From the August 2024 bottom to the same target we have some 3,770%. I think that with the current size Cardano has now such total growth might be reasonable, but the market is not reasonable. We don't know the meaning of a "Crypto Strategic Reserve." We don't know what it means, in turns of prices and numbers, many nations buying Crypto. We can end up with a bull-market that is hundreds of times stronger than anything we've seen before. In this case, all projections would breakdown and prices would go off the chart. I hope this happens.
Since we cannot predict the unpredictable nor calculate based on assumptions, let's go with what we have. What is the chart saying, what are the potential targets and how will the bull-market unravel. We want answers to those questions.
The targets are the ones seen on the chart.
The minimum target for a new ATH based on conservative and standard calculations would equal $4.86. Short-term targets that will be hit within the next three months go as follows: $1.33, $1.66, $1.83, $2.00, $2.22, $2.66 & $3.49.
A strong target and projection sits at $7.77 and a $10.58 is the next All-Time High if we have a great bull-market based on standard projections. The ultra-bullish scenarios we welcome and enjoy them if they show up but they are beyond this chart.
The main support range after the Trump Pump sits between $0.9116 and $1.0094. If it goes lower, we have $0.8138 but I don't think lower is possible. This is for support if the market decides to shake. Remember, it is a long bull-market so there will be plenty of time for volatility to show up. Whatever happens, remember the bigger picture; we are going up.
I always liked Cardano and I share many analysis and many charts so it is great to see that we have Trump's support. Our future is bright. If we are smart, we buy and we hold.
Don't just think about next year or next month, consider 10 years into the future, maybe even 20 years... Think of the big tech companies. One can become rich with one project, one coin. Just as the old people from the 70s and 80s. We are approaching the bull-market of a new generation. No limits now, no barriers, no filters; everybody can join.
Cryptocurrency, the stock market for the people.
Thanks a lot for your continued support.
Namaste.
ADA - Giant Cup & Handle Pattern Just Like ETH MartyBoots here , I have been trading for 17 years and sharing my thoughts on BINANCE:ADAUSDT here.
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BINANCE:ADAUSDT is looking beautiful , very interesting chart for more upside
and is now added to the USA Strategic Reserve
Do not miss out on BINANCE:ADAUSDT as this is a great opportunity
ADA Strategic Reserve
Watch video for more details
Important support and resistance zone: 1.0302 ~ 1.2214
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(ADAUSDT 1W chart)
The key is whether it can receive support at the important support and resistance zone and rise to around 1.3678.
If not, whether it can support around 0.8836 is important.
-
(1D chart)
The key is whether it can be supported in the Fibonacci ratio range of 0.5(1.0302) ~ 0.618(1.2214).
If not, whether it can be supported in the vicinity of 0.8451-0.8836 is important.
The reason is that the price must be maintained above the M-Signal indicator on the 1D, 1W, and 1M charts to continue the uptrend.
-
Thank you for reading to the end.
I hope you have a successful trade.
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- โโBig picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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ada buy limit midterm"๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ
Follow along and ๐ learn ๐ from our analyses! ๐๐ก"
ADAICT Perspective (Smart Money Concepts)
1. Liquidity Zones & Smart Money Manipulation:
The "stopped" level (~$0.5960) could indicate a liquidity grab (Stop Hunt), where smart money clears weak hands before a potential rally.
Price might have swept sell-side liquidity before shifting structure.
2. Premium & Discount Pricing:
The current price (~$0.66) is near the discount zone of the overall bullish range.
Smart money could be accumulating positions before pushing price toward the glitch target (~$2.4685).
3. Order Blocks & Imbalances:
There is a fair value gap (FVG) in the price action near $2.46.
If the market seeks to rebalance inefficiencies, price could rally toward this level.
4. Market Structure Shift (MSS):
A break in structure (BOS) above recent highs would confirm bullish continuation.
---
Elliott Wave Perspective
1. Wave Count Possibility:
Price appears to be starting a new impulse wave (Wave 1) after a major correction.
The previous decline likely formed an ABC correction.
2. Projected Wave Structure:
Wave 1: The initial bullish push from lows.
Wave 2: A corrective retracement (possibly the recent "stopped" area).
Wave 3: The strongest wave, targeting the glitch level (~$2.46).
Wave 4: A minor pullback.
Wave 5: Potential push toward $3.09+.
3. Confluence with ICT:
If smart money is accumulating, Wave 3 could align with an explosive bullish move.
The glitch target at $2.46 could be the Wave 3 peak before correction.
---
Conclusion
The $0.5960 - $0.66 zone could be a smart money accumulation area.
A bullish move toward $2.46 - $3.09 aligns with Wave 3 completion.
Watch for liquidity grabs, order blocks, and BOS confirmations for entry validation.
ADA D CorrectionI've updated my wave count, since this large downtrend grind since early December is correcting the whole move up from August lows.
We are currently in black C, and my primary count considers we still have one more leg down left before a recovery.
Alternatively, if we see a break above gray resistance, my bias may change.
Cardano ($ADA)
CRYPTOCAP:ADA is approaching a key support zone at the 0.786 Fibonacci retracement, a historically strong bounce area ๐.
The chart is forming a potential double-bottom reversal, signaling a possible bullish recovery if buyers step in ๐.
Targets:
๐ฏ Target 2: $1.214
๐ฏ Target 3: $1.398
ADA Long OpportunityMarket Context:
ADA has retraced into a key support zone, offering a strong risk-to-reward opportunity for a potential bounce.
Trade Details:
Entry Zone: $0.63 - $0.69
Take Profit Targets:
$0.84 - $0.86
$0.96 - $1.00
Stop Loss: Just below $0.60
This setup anticipates buyers stepping in at support, with the potential for upside continuation if momentum strengthens. ๐
adasetup"๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ
Follow along and ๐ learn ๐ from our analyses! ๐๐ก"