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Cardano will Go Up AgainBINANCE:ADAUSDT Finally ADA breaked the Falling Wedge It means Price Can rise up well. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
by CobraVanguard
2
Why ADA MUST Smash The 0.46 Resistance ADA consolidates in the pocket right below the crucial resistance of $0.46. If Cardano bulls want to go full steam, breaking through this level is essential. Otherwise, the risk of another dip toward the "below 40 level" increases. Read all details 👇 1️⃣ Chart Analysis The 0.46 level has been a significant support and resistance level in Cardona's history. In April, ADA dived below this level for the first time since 2023. Afterward, ADA made several attempts to cross back above but was always rejected. After its dip to 0.35, ADA started another attempt, which was rejected again. Currently, the token consolidates right below this level. Breaking through the resistance would open the path towards 0.59-0.6, where the next stronger resistance lies. 2️⃣ Technical Indicators On the daily chart, ADA shows some overbought momentum indicators resulting from the latest price increase. Therefore, the consolidation might be healthy to have momentum indicators return to neutral zones before a breakout starts. 3️⃣ Trade Signals In one word: Indecisive. A couple of weeks ago, ADA printed a bearish EMA crossover signal on the weekly chart. Signals on higher timeframes are usually very reliable. As a result, ADA dipped almost 20% right after. However, ADA flashed precisely the same signal on the daily chart just today! This further seconds the scenario of an outbreak to the top. ➡️ What's Next? Based on the overall bullish momentum, I expect a short period of consolidation (similar to what we discussed about Bitcoin). Afterward, ADA should tackle and break the resistance.
by ben_walther
Trade Setup: ADA Long PositionMarket Context: ADA is currently at resistance, and we are considering two potential scenarios for entering a trade. Trade Scenarios: Break and Retest Scenario: Entry: Enter the trade at a confirmed break and retest of the $0.45 level. Range Retest Scenario: Entry: Enter the trade at a retest of the bottom of the range at $0.42. Common Trade Parameters: Take Profit: First target: $0.51 - $0.54 Second target: $0.57 - $0.60 Stop Loss: Place the stop loss just below $0.40. 📊 Monitor the price action for confirmation of breakouts and retests. Adjust entries based on market conditions. #ADA #CryptoTrading #TradeSetup 🎯
Long
by Richtv_official
ADA - ALL THAT THERE IS For the past 2 years COINBASE:ADAUSDT have been in a downtrend, it broke out of the Descending Channel, retested it and created the clear bullish path by creating a higher high and a Change of Character not just on the chart alone but also on the RSI both on the daily and weekly and that is a very strong bias right there. 2 scenarios here, it is no doubt that the burst up is an impulse but we are in between considering it as a 1-2/1-2 which is extremely bullish for Cardano and that will mean that this current price action is the wave 2 considering it already retraced over 60% Fibonacci and that also means that this is the cheapest we would be seeing COINBASE:ADAUSDT in the next few years or we could say the other scenario is where the wave B-green is wave 1-yellow and what that means is that even though we see price surge by 10-50% ADA will still make a new swing higher low at 70-90% Fibonacci level ($0.3 - 0.25) but not less than the invalidation level. If you're a day or swing trader you might want to catch the 20% up and exit at 50% but if you're a position trader looking to ride this imminent bull run, the sky is your limit. PREVIOS ANALYSIS OTHER ANALYSIS BINANCE:ACAUSDT BINANCE:MANAUSDT COINBASE:ADAUSDT BINANCE:LINKUSDT OKX:CFGUSDT
Long
by DewyCandles
2
#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
Long
by 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!
by evasivesteering
10
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. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
by CobraVanguard
1
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. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
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
Long
by MuhammadArif039
#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
Long
by CryptoAnalystSignal
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
Long
by ZEUS_Market_Alerts