ADA MOVING INSIDE A RISING CHANNELADA on hourly timeframe is moving inside a rising channel with a bullish harmonics.
Targets with resistances levels are marked on the charts, let's see if ADA can break the resistances and move for the top of the rising channel.
The channel is good until broken.
Current ADA Price: $2.249
Thank you and Good Luck.
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ADABTC
ADA - Daily ChartI guess this is the first time I'm putting a daily chart for short term ADA!
Since you guys asked a lot I'm posting this just to show the key support and resistance zones. And as you know these charts are valid for only 24 hours.
There is only one local support on the way down which is a good one since that support is on top of a famous demand zone:
There is one local resistance which isn't hard to pass, but for having a good pump we need to break the Orange Key Resistance which requires good Buy Volumes and also a healthy market.
In case a sudden breakout happens, that red resistance is where it might stop.
Market is showing Buy Volumes on different platforms so don't open too many short positions.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $2.274
Good Luck
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ADA (Daily Chart Analysis)ADA unable to break the resistance of $2.35 yet and trading below it. If it breaks this resistance and hold above it then we see an upward movement towards $2.7 resistance. The major resistance is $3 area. The support remains the same as of $1.9 - $2 area. Wait for a breakout of resistance or retest of support.
✅ ADA (Cardano) - What's next? Time to analyze my favorite coin, ADA.
As we said before:
Cardano (ADA) has been going through some corrections as we all expected. right now it's consolidating in the confirmation area, which is the yellow thick line. If it manages to get enough buyers then this confirmation can start a whole new bullish market for this coin.
And I think this might be the time for it because we're in a demand zone and we just need more Buy Volumes in the market.
However, if things don't work out and we see a drop from that point, then our Green Zone, which is our strongest support area can push the price back up in no time.
Update: Watch for Bitcoin, since it looks like it's going to touch ATH or even cross it. After Bitcoin calms down ADA can perform stronger than now and might run for testing the ATH. If possible, it might cross it and touch the red resistance as I've shown on the chart.
if not successful, then it's going back down but I'll update the support when that's about to happen.
Right now I'm seeing strong demand for ADA since it's trying to bounce from this demand zone.
Also, the market is showing Strong Buy volumes for ADA on different platforms.
I'm buying more ADA myself, and if it drops I'll buy even more... I always look at ADA as long time investment and never do future trades on it. If you are trading on it, be careful, because any unadjusted long or short position might cause liquidations since we are not sure if it's going to drop or bounce back up.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $2.293
Good Luck
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ADAUSDT Technical Analysis
⏳ Spot
💎 ADAUSDT has formed a symmetrical triangle. After the breakout it is expected that it goes for a retest and then continues to go higher.
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 2.250
☕️ TP1 2.450
🍺 TP2 2.570
🍻 TP3 2.700
🍾 TP4 2.950
🍷 TP5 3.300
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 2.110
Good Luck 🎲
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ADA - Long Entry Into Strong Support and Oversold RSII really like this entry here. ADA has a very oversold RSI at 16 as it runs into strong support and a trend that's been in play since the beginning of the year. ADA also has a history of strong bullish spikes when it gets this oversold, which makes this entry even more enticing. I'm long here.
CARDANO | ADA | Short TermHi Guys 🍀
Cardano (ADA), is down to the demand zone which is supported by the lower BB and the static fib level.
I don't think that's it, ADA can go sideways for a few more hours around this level, or even go lower to get support from the other support level which is even stronger.
Market Volumes are showing Sell Signals and even though all main coins are pumping or fighting resistance levels, this coin is acting as a minor alt coin which doesn't seem right! I think there will be sudden pumps for this coin soon, right after getting enough Buy Volume in this demand zone
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ADA possible cup and handle with large upside potentialHello ADA hodlers and traders,
Today I present to you bullish outlook on ADABTC pair. The price is currently sitting on the 21 week SMA. If the price can bounce up from here and get above the 0.00006200 sats there is huge upside potential. As you can see in the chart there is long term cup and handle pattern. If the bulls can confirm a break out above the cups top/neckline then the price can rocket up between 0.00010 and 0.00012 sats. From its currently price that is roughly a 3x and a 2x from the top of the cup. Now this is all contingent on the price being able break above the cups neckline and also on what BTC bulls do in the next month.
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This is not financial advice and is to used for education purposes only. I am not a financial advisor.
Happy trading and I wish you long bull market.
CARDANO | ADA | Short TermHi Guys 🍀
Cardano (ADA), is testing this support again but this $2 range has become solid and we can be sure that this is the best demand level.
Now if you see those sell volumes on the market it's because that ADA is forming a triangle right now and it's about to breakout either way. What I think is going to happen is a breakout to higher prices. Let's see if another uptrend is possible.
Those red and blue levels are just the local levels and doesn't imply to long term changes or massive buys or sells.
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ADA/USDT 1HOUR UPDATE Welcome to this quick ada/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :-ada/usdt is bullish falling wedge
Entry:- 2.23$, 2.25$,
Traget:-
T1:- 2.27$,
T2:- 2.29$
T3:- 2.31$
Stoploss:- 2.20$
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you..
CARDANO | ADA | Short TermHi Guys 🍀
Cardano (ADA) has been bullish and passed many resistance levels. We are still waiting for this coin to confirm this breakout.
If you check MACD and different platforms you can see that it's still showing Buy signals so I think this coin has some room left to test the resistance level. If you want to open long positions, wait for the price to confirm above the resistance level.
The resistance levels moved a little higher which shows that the market on ADA is strong.
If the price closes a 4H or 1D above the support level, then we can say it's a confirmed breakout.
And if you noticed, candles are push the BB higher which is a good bullish sign for your positions.
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Uptober is here! Is it time for ADA to break out?Here's a quick look at ADA 8 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the bigger bull flag with good amount of volume .
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The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 2.37$
2. 2.57$
3. 2.96$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CARDANO | ADA | Short TermHi Guys 🍀
CARDANO is going down and up in a sideways channel. There are two blue lines for support and the match the lower and middle BB.
So we can be sure that we have good support levels.
Our resistance is matched on the higher BB which means our resistance can be a challenge as well.
If we close and confirm prices above our support and near the resistance (a 1D candle), then ADA can become bullish too. But overall this coin is at a very risky level in its prices, because it's confirming a breakout since last month, and that's why we may see a big crash. Until we get more confirmations, don't make any big moves.
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ADA - Overlook ✅Time to analyze my favorite coin, ADA.
Cardano (ADA) has been going through some corrections as we all expected. right now it's consolidating in the confirmation area, which is the yellow thick line. If it manages to get enough buyer then this confirmation can start a whole new bullish market for this coin.
And I think this might be the time for it because we're in a demand zone and we just need more Buy Volumes in the market.
However if things don't workout and we see a drop from that point, then our Green Zone, which is our strongest support area can push the price back up in no time.
I'm buying more ADA myself, and if it drops I'll buy even more... I always look at ADA as a long time investment and never do future trades on it. If you are trading on it, be careful, because any unadjusted long or short position might cause liquidations since we are not sure if it's going to drop or bounce back up.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $2.108
Good Luck
Tell me your ideas. Like and Share
CARDANO | ADA | Short TermHi Guys 🍀
Unlike BNB, and the breakout it had, ADA (Cardano) didn't move at all. It is going through the same consolidation as any other coin.
I Updated the Support and Resistance levels for you.
Those two resistance levels can be broken easily if the market stays stable.
And the support level that you see is confirmed so we can rely on it.
Now that we are close to resistance the market is showing sell signals. So be careful and don't FOMO buy.
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