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ADA - Buy now for 2000% profit, forget about BTCTechnical analysis The price of ADA is still very low compared to BTC. While BTC is almost at the previous all-time high from 2022, Cardano is below 0.236 FIB. Whales never pump all coins together, they need to pump it individually to make as much money as possible. ADA is still one of the coin that is waiting for an explosive move, that's why I suggest you to buy ADA as soon as possible. From a technical perspective ADA formed a bullish flag pattern on the weekly chart and this pattern will be confirmed very soon. To confirm it we need to break above the previous swing high of 0.68. My Elliott Wave count suggests that we have a strong bullish nest (1),(1),-1-,-2- and wave (3)-3- is starting! This is a dream of every Elliott Wave trader. We can see that the price broke out of the long lasting accumulation phase on the weekly chart and already made a pullback to the edge of it. The retest was successful and we can start a strong pump! On the chart you can see my profit targets. PT1, PT2 and PT3. Depends on how long you want to hold ADA. You can also long ADA on the futures market with leverage! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. Cardano news 4.6 Million Strong: Cardano Network Sees Massive Growth In New Wallets - Cardano (ADA) is making waves in the cryptocurrency market as on-chain data reveals a surge in wallet creation, signaling a growing adoption of the blockchain network. Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Long
by Xanrox
55
ADA - Be Ready for a SUDDEN PUMP📉Hi Traders, Investors and Speculators of Charts📈 Fundamentally - I'm no fan of Cardano. In a certain sense it gives me XRP2.0 vibes, with the cult following community and all. Over-promise and under-deliver with youtube shillers is XRP style and raises red flags. Ultimately, I believe crypto is bigger than one person , and most definitely bigger than than one industry expert / founder. These are a few reasons as to why fundamentally, I'm not an ADA fan. HOWEVER. As I've said many times before, any coin can and will be traded by whales. Herewith lies opportunity for retail traders, IF you manage to get a good entry. From a chart analysis, Cardano has broken out of accumulation phase by forming a clear bottom. We even start to see glimpses of a new bullish cycle starting as the price makes higher lows. To the left from a weekly outlook, a wick to the purple 200d moving averages is possible. On the right, from a daily perspective, we'd like to see the turquoise 100d moving averages hold: I believe it's possible for the price to continue increasing from here and I even believe a hard and sudden, random pump is possible (likely followed by a sudden dump). I'll be looking for increases 30% and 45% from here, as near term targets. Higher is possible, but I'll leave higher targets for a later post once we have actually achieved these price levels. You may need some patience though: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck KUCOIN:ADAUSDT COINBASE:ADAUSD
by CryptoCheck-
1
Cryptolean Cardano ADA Update Last two weeks, in the daily chart ADA is teasing the key resistance zone of $0.76-$0.80. Above $0.80, bulls will take control of the ADA price chart towards $1. A daily candle closure above $0.80 will push ADA price towards $0.90 and higher. Below $0.66 is the bearish zone and ADA price will decline towards $0.57 for another re-test of the ascending daily trendline. Intraday Chart The ADAUSDT 4-Hour chart is in the bullish territory and holding the key intraday support of $0.736. A reversal from its current price location is likely and a bullish rejection of $0.736 will push Cardano to the key intraday resistance zone of $0.84-$0.88. A bearish dip to $0.69 or, even better, to $0.65 and a bullish rejection of one of these levels could offer a long trade towards $0.84-$0.88 and higher. Like once read. Thank you!
Long
by Trade-Lean
New ADA Long Opportunity 18-30%+ BreakoutIf CRYPTOCAP:ADA continues on its uptrend over the next few weeks to months, which is more than likely if you look at the total Altcoin Market Cap breaking out, then here are two targets to watch: 0.82 for an 18% gain and 0.9 for a 31% gain. Watch and wait for confirmed breakouts from the drawn resistance levels, and enter once it surpasses them with some momentum. These resistance levels are based on past price action and can usually be relied on for market price walls. DYOR AND GET THOSE GAINS! Like and follow if you're longing for CRYPTOCAP:ADA , and check out my X account, same handle!
Long
by altsandislands
ADA is poised for an upswingHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ADAUSDT 1M chart) The upward trend began when the MS-Signal indicator rose above. Additionally, since the MS-Signal indicator has switched to a bullish sign, it is expected to continue its upward trend if the price holds above 0.236 (0.6024). (1W chart) If the upward trend continues, 1st: 0.9250 2nd: 1.3678 3rd: 1.9655 It is expected to rise to around the 1st to 3rd levels above. We need to check whether the price can be maintained above the top of the box of the HA-High indicator. (1D chart) The (1) section is the psychological volume profile section. Accordingly, the key is whether the (1) section can be broken upward. To do that, we need to make sure the price stays above 0.6984. If it falls below 0.6984 and shows resistance, there is a possibility that it will turn into a short-term downtrend. The important point to continue the upward trend is around 0.236 (0.6024). Looking at the Renko chart, it shows that an upward trend is about to begin. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
ADAUSD | Wave Analysis | Inverted Head & Shoulders Pattern +150%Confluent Wave Analysis with price action and chart pattern trading setup: > The third wave correction after doubled zigzag ABC pattern forming a valid inverted head & shoulders pattern with barrier triangle ABCDE wave - with confirmation fake breakout D and E wave. > Entry at B-D downtrend line breakout / WMA50 week > Target 1 @ 161.8% Fibonanci extension +100% upside > Target 2 @ 200% +150% > Indicator: EWO - doubled bullish divergence in TFW
COINBASE:ADAUSDLong
by dukeposh
Ada forming a diagonal pattern in a larger wave degreeGreetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody
KRAKEN:ADAUSDLong
by mehdi47abbasi79
6
ADAUSD: Changing my EW count. Slightly more bullishThe price action between June and October last year as minor wave 1 and 2 bugged me a lot. The move between June 8 and July 14 looks like an obvious 3 waves. I tried to make it fit with 5 waves, but it was a stretch. The current price action is also an obvious impulse move. The leading diagonal idea is not valid any longer since the current price action moved up too high and in 5 waves. So, I had to go back and start to decompose the previous correction. If we go back to April 14, 2023, high and make that wave X correction high, then things fall into place with a much more prevalent triangle from April 14th to October 19th. So, the start of impulse is on October 19th, rather than on June 10th. In this count we can also assume minor degree waves 1 and 2 are also complete and the very powerful wave 3 of 3 of 3 should be under way. If this holds true, then my previous idea for loading up at $0.45 will not happen any longer. There should be a slight correction, but it cannot break $0.448. This will also mean price should go at the previous all time high in the next 3 to 6 months before any meaningful correction. In grand scheme of things, price will put in some kind of a cup and handle pattern in the macro timeframe. I was bullish before, but this count make me more bullish and with slightly higher targets. As long as price does not break below $0.448 between now and the end of this new 5 wave sequence, things are good to run wild!
BINANCE:ADAUSDLong
by mukit1