SOL, ADA, LINK,NEO,TEZOS AND FILECOIN analysis for JuneLast Saturday gave us multiple entries on multiple coins. And as I always say ,price will hit your entry zone mostly during bad news (in this case the lawsuit against Coinbase and the attack of SEC on some coins like ADA and SOL).
Disclaimer: This is not a financial advice and please do your own analysis before investing and only invest what you can afford to lose.
Adausd
Robinhood to delist ADA Cardano If you haven`t sold ADA here:
Then you should know that Robinhood, the well-known trading platform, will discontinue its support for three cryptocurrencies implicated in SEC lawsuits against Binance and Coinbase.
Effective from June 27, 2023, Robinhood will no longer provide support for Cardano (ADA), Polygon (MATIC), and Solana (SOL).
In My opinion ADA will test the support of $0.239.
Looking forward to read your opinion about it.
ADa is under attack...The US Securities and Exchange Commission has finally acted in response to the unfortunate decline of the dollar. Interestingly, investors have also reached a consensus that selling is preferable to holding. However, if he can hold his own under Andrews fork, he will experience further growth. If it falters, a reduction can be expected. However, we will have to wait and see what happens in the future. I personally have a positive view.
Cardano (ADA) will finish bear market!Hello, everyone!
Now it's time to talk about my favorite altcoin BINANCE:ADAUSDT . Couple of weeks ago I told you that the huge rapid dump in wave 3 is anticipated. The forecast was almost correct. The only one thing, I assumed that bull trap in wave 2 will be a little bit higher, but anyway $0.22 price target we have seen today.
To understand what is coming next let's take a look at the price chart. After the bullish rally which we have seen in the first half of 2023 BINANCE:ADAUSDT has started it's last bearish impulsive wave. Wave 1 touched the support trendline. After the consolidation in the wave 2 we have seen the huge impulsive breakdown. Wave 3 had two targets $0.27 and $0.20. The area between these two prices is the target area which has been reached today.
Awesome oscillator is also increasing the momentum to the downside, which confirms my assumption about the wave 3. If we assume that wave 3 has been finished or almost finished we have the clear target for the potential bounce where our automated trading strategy close the accumulated on this dump positions. The target is 0.38-0.5 Fibonacci retracement which is approximately $0.3.
After the bounce I expect the last bearish wave 5 inside the last bearish wave in the entire bear market. It's too early to measure the target for the bear market bottom. We need waves 3 and 4 to be completed, but anyway I am ready for the upcoming bull market in the nearest future for Cardano. At the same Bitcoin can dumping, but BINANCE:ADAUSDT can show the sideways or even recovery during this period. If you ask me about my personal feeling about target price - I think $0.17 is gonna be the bottom.
Best regards, Ivan
_____________________________________________________________
🔥Please, follow me and smash the rocket🚀 button to support me🔥
ADA...not this way! Not like this!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
This swift move down does not look great for the coin. Broke some pretty clear yuge levels, MO. So now for me its the waiting game. I could see either of these play out. But in the end I will be waiting for an nice impulse up and an internal retrace before an attempt at a long on this asset, I stll have my bags... wont be adding anymore to them atm.
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) plunged to a three-month low on Thursday, as traders remained nervous, following the recent U.S. Securities and Exchange Commission (SEC) lawsuits.
After a high of 0.3376 on Wednesday, ADA/USD dropped to a bottom at 0.3196 earlier in today’s session.
The drop pushed the token to its lowest level since March 15, when price was at a bottom of 0.3166.
this decline came as the relative strength index (RSI) moved deep into oversold territory, falling to a low below 30.00.
The index has since rebounded, and is tracking at 34.21, which is marginally above a key level of resistance at the 33.00 mark.
Should this upward momentum continue, bulls will look to recapture the 0.3500 level.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Cardano non popular chart 💔Update:
Cardano non popular chart 💔
I HODL ADA for long-term
Looking on weekly chart without emotion and bias...
ADA might correct🔻much lower dear Crypto Nation
Even $0.095 or $0.053 would not be the end of future price gains - just Log-Fib
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
ADAUSD Rejected Three Attempts to Break Key Support#ADAUSD bulls holding strong at the $0.38 demand zone after three consecutive attempts to break below. But that's not all, a recent breakout above the downtrend trendline has added fuel to the bullish pattern. This is a clear indication of complete bullish domination, and we're excited to see where it goes from here.
But we're not jumping in just yet. We need to see a daily close above the current resistance before making our move. And when that happens, we'll be on the lookout for a buy trade setup, targeting a potential 10-15% profit.
Stay tuned for updates on #ADA and other exciting coins as we continue to monitor the market for potential trading opportunities. This is a time to be bullish, and we're ready to ride the wave!
CARDANO - Catch This BIG Impulse!Cardano is setting up for a big impulse. We've recently seen the completion of wave 2 correction and broken out of that correction. We are now in bullish waters and seeing a nice deep retracement which is great news for us as we've got the bottom in place. This means the lower it goes, the better.
Trade idea:
- Safe entry on break of red trendline
- Stops below the bottom
- Targets: 1, 3, actively manage rest
Goodluck and as always, trade safe!
ADA 1D inverse H&SIn 1D chart, ADA has an inverse H&S pattern.
-
ADA broke through the neckline of 0.4218 and then fell back to the support trend line, and the EMA was entangled, which means that ADA is in a state of consolidation.
Before ADA falls below 0.2973, there is still a chance to reach the upper target:
0.4916
0.5131
0.5347
0.6045
-
Look at the 4 hr chart:
There are two bottoms near the support trend line, and if the price closes above 0.3801, the double bottom pattern is established.
Follow the goals above:
0.3924
0.3962
0.3999
0.4122
-
Cardano ADA and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
ADA/USDT short
Entry Range: $0.35 - 0.37
Take Profit 1: $0.40
Take Profit 2: $0.43
Take Profit 3: $0.46
Stop Loss: $0.32
Cardano- i read many peoples complain about ADA on Twitter.
- Like the project is bad and going to nowhere.
- As Trader my job is only to do the Math and check pourcentages.
- i care about what peoples speak but i verify and deduct.
-----------------------------------------------------------------------------------------------------
So let me do Little Math for Cardano :
-----------------------------------------------------------------------------------------------------
- in 2018 if u bought ADA at Bottom ( 0.017$) you could have made +6500%
-- So if u invested 10k$ you could have returned $660,000
-----------------------------------------------------------------------------------------------------
- in 2020 ADA returned the same bottom level ( 0.017$) then made +16160%
-- So if u invested 10k$ you could have returned $1,626,000
-----------------------------------------------------------------------------------------------------
- So Now i don't think we gonna see again 0.017$ in entire Cardano Life.
- So haters gonna hate but Cardano made the Job.
- Just have to buy at the good time and be patient.
- if you bought the TOP, it's not Cardano fault, but your own fault!
- Next Target could be around 7.5$ (+3000%)
Happy Tr4Ding !
Ada going as predicted on 29 April last ideaAda price came down to 0.34 from 0.40 as predicted in last idea 29 April. Now its going up by following our arrow. If it keep following this arrow and rising channel then Target is 0.50
If any daily candle closed below 0.36 then price will not pump soon. It will keep dumping…
ADA analysis (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA), was also in the green to start the weekend, with prices moving further away from a recent support level.
ADA/USD hit an intraday high of 0.3667 earlier in today’s session, which comes following a low of 0.3564 on Friday.
The move has resulted in Cardano climbing to its strongest point since Wednesday, moving away from the aforementioned floor at 0.3550 in the process.
ADA has begun to consolidate, with the price now retreating from its earlier highs, following a collision with a ceiling on the RSI.
Price strength has failed to move past a point of resistance of 44.00 which has pushed the token to a current reading of 0.3638.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ADA will Lag and then catch up in a hurryEverything in crypto appears to be in a diagonal. Ada is no different. The angle of ADA's diagonal is less than BTC and most other cryptos. This means that ADA will probably not break 50cents before BTC has its first major correction of the cycle. But when BTC corrects ADA should actually fair better. After the correction, ADA will have its moment. I am short term long.