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Cardano

$ADA/USDT 2D (#Bybit) Descending trendline breakout and retestCardano is pulling back to 50MA support and seems to be done with the downtrend, let's prepare for mid-term recovery. ⚡️⚡️ #ADA/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 4.6% Current Price: 0.4051 Entry Zone: 0.4014 - 0.3618 Take-Profit Targets: 1) 0.4798 2) 0.5536 3) 0.6275 Stop Targets: 1) 0.2995 Published By: @Zblaba CRYPTOCAP:ADA #ADAUSDT #Cardano #PoS #L1 Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +51.5% | +90.1% | +128.9% Possible Loss= -43.0% Estimated Gaintime= 3-4 months cardano.org
Long
by TradingOn
🔥 ADA Double Fibonacci Reversal In Anticipation Of Huge WeekOf all the major alts, I'd argue that ADA has seen one of the biggest drops. However, ADA has regained around half the value it lost over the weekend. As seen on the chart, ADA is currently experiencing heavy resistance around the 0.283 level, which coincides with both the 0.382 (June high) and 0.618 (last Friday) Fibonacci retracement levels. With a very heavy macro week incoming (CPI & interest rates), I wouldn't be surprised if ADA will see another drop soon. Target at the recent lows, SL over the local high. One could take partial profits around 0.26
Short
by FieryTrading
6
I Cannot Short This !!!The ADAUSDT is in a Bullish phase by strong bullish rejection. The price shows a strong bullish rejection from the PRZ ZONE. ⬆️Long if we break the 0.236 fib level 🌟 Bullish signals are: - strong bullish rejection - PRZ ZONE - Bottom of bollinger band ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
7
ADA - CARDANO - in charles we trust ; the neverending story IVADA - CARDANO - in charles we trust ; the neverending story IV Ok, this ship looks to me to be turning. its all there on this blessed chart. which i diligently read the tea leaves for you to succeed in this casino. cardano did 100x+ TWICE. from the same frigin price point in two different cycles. iam pretty sure she goes for a third. does it all play out exactly the same? maybe, prob not, but i bet it will be pretty similar. key points here; check that momentum signature at the bottom there. the same shape. same levels basically. maybe we get that second option for another nuke 40% or so but my money (irl) is on that relief bear market pump first. then some black swan to wipe everyone out again and thats when cycle 3 begins. this will be my last ADA chart for awhile. think ive been over doing it. now we've had some interesting price action it was time to do this last one and sit back and see what happens. I AM ACCUMULATING lfg. take me to the promised land charles.
BINANCE:ADAUSDLong
by Crypto-Quantum-Fox
21
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🔥
by Skyrexio
3
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.
Short
by CryptoKnee
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
BINANCE:ADAUSD
by Crypto4Everybody
2
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!
Long
by MyCryptoParadise
2
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!
BINANCE:ADAUSD
by WicktatorFX
10
Cardano is looking for a SHORTHi guys, let's look at 1D price chart for Cardano. If we look at 1D ADA chart we can see that the price being in big flat for the past 6 months. There is strong resistance area at 0.4185 and strong support area at 0.3018. Between these two areas price is fluctuating for the past 6 months. As I see it Cardano price is tending for short up to the support area at 0.3018. Yesterday price touched another support level at 0.351 and from here correction is possible. But overall I think that price will go down to 0.3018 support area and even lower. If this post is useful to you, you can support me with like/boost and advice in comments.
Short
by Real_CryptoRoy
Bullish Divergence: ADAUSDT Journey Within the Symmetrical Wedge💎 Ladies and Gentlemen of ParadiseClub, exciting developments are underway for #ADAUSDT within the symmetrical wedge pattern! 💎 Our beloved #Cardano recently experienced an impressive bounce off the 327.2% and 61.8% Fibonacci support levels near the wedge's lower boundary. This precise rebound, accompanied by a bullish MACD divergence, emphasizes the significance of the current support. 💎 A break below this crucial level would have a significant impact on future price action. Conversely, if the support holds, we anticipate a potential move towards the upper boundary of the wedge. 💎 However, let's exercise caution as #Cardano is currently consolidating within this range. We eagerly await the breakout direction to guide our strategic moves. Stay tuned for more updates, Paradisers!
Long
by MyCryptoParadise
Analyzing the Shift in Sentiment for #ADAUSDT💎 In our previous analysis of #ADAUSDT, we highlighted the short-term upside potential as the price traded near the bottom of the range. Since then, we've witnessed the formation of a double bottom in the bearish zone, followed by a breakthrough to our projected resistance level. 💎 The sentiment has now clearly shifted towards a bullish outlook for #ADA. The price has not only broken above the previous higher high but also rejected our key support level at $0.36. Currently, the resistance level could potentially transform into support, as indicated by the potential rejection of the trendline. 💎 This is a critical moment for #ADA. If the trendline holds, it could mark the beginning of a significant upward swing. However, a break below the trendline may push the price back towards the key support, leading to further consolidation. 💎 It is essential for our ParadiseClub members to monitor this development closely. Should #ADA reenter the bearish zone, the probability of further downside movement will significantly increase. Stay informed and trade wisely, Paradisers! 🌴
Long
by MyCryptoParadise
ADA Short Time Frame Long SetupADA is looking bullish. Unlike most alts it did not completely lose its bullish structure even during the dips in the market. What I mean is that ADA is holding on to the upward trending line and doesn’t lose it for long on the higher TF. (Please read linked ideas) On the 4H TF, I see that the 0.38 USD level acts as local resistance and ADA tested it as support on the 1H TF. If it will also clear the 0.386 USD level, it will also be above the diagonal trendline which will give the bullish case more confidence. In addition, you can see an Inverse Head and Shoulders forming on the 4H TF which further supports the bullish case for ADA, at least short-term. I have two trading ideas for ADA, an aggressive trade, and a conservative trade: Aggressive Trade Idea: • Entry: 0.3793 • SL: 0.3728 • Target: 0.3864, 0.42, 0.46 • R: R is not great if we assume that ADA did not finish the correction. If it has, great entry for continuation to the upside. Risky. • If this trade is successful, I will not cash out completely because it may go higher. Conservative Trade Idea: • Entry: 0.3864 (after retest of trendline) • SL: 0.3793 • Target: 0.42, 0.46 • R: R 1:5 to first target. • Eventually I expect ADA to go a lot higher. NFA What do you think? Please share in the comments Best wishes to all.
Long
by NewThoughtCrypto
Trading Opportunities and Positive MomentumDuring the previous week, Cardano's price movements aligned precisely with the analysis. By surpassing the upper boundary of its descending channel within the 4-hour time frame, the price surged towards the resistance level of $0.3863. However, encountering this resistance prompted a corrective phase, leading the price to retrace back to the upper boundary of the breached channel. Notably, the Cardano chart exhibited responsiveness from both ends, allowing for short-term trading opportunities amid upward and downward fluctuations. Significantly, a notable bullish candle emerged yesterday, demonstrating a 3.80% price increase and forming an Engulfing candlestick pattern on a support level. This development bodes well for Cardano's outlook. Nevertheless, a more substantial price growth is expected upon a complete breach of the aforementioned resistance. The potential for such a breakthrough remains intact as long as the lower boundary of the channel, situated around the $0.3485 range, remains intact.
by MonoCoinSignal
2
ADA About to Reclaim the Trendline – Long TargetsIn my previous TV idea, I posted my concern that ADA is losing the upward sloping trendline support. Although ADA did lose the trendline, it is stubbornly clawing it’s way back. The fact that ADA did not lose its bullish structure is a good sign for a possible future price increase. ATM, it is not yet clear if the overall correction in the crypto market is over. It is better to wait for confirmation before committing yourself to a trade. However, I wanted to share my long trade Idea. This idea can be activated once ADA reclaims the trendline but remember to keep an eye out on Bitcoin. I find it hard to believe that ADA will start moving forward if Bitcoin doesn’t. Trade Idea: • Entry: 0.38 USDT. Reclamation of the trendline. Best if you wait for retest or a candle close above the trendline. • SL: 0.354 USDT. Local support after losing the trendline on May 26th. • Targets: ADA has two daily resistance levels: 0.42 USDT & 0.46 USDT. I think it is prudent to take some profit at these levels because none of us knows what the future holds in store for ADA. However, if this is really a resumption of the uptrend, I am expecting at least the 0.486 USDT level which is the 0.786 fib extension. Possibly more, but we’ll cross that bridge when we come to it. TP1: 0.42 USDT TP2: 0.46 USDT TP3: 0.4866 USDT You can activate this idea whenever ADA reclaims the trendline. Just be careful. One hot day doesn’t mean summer has arrived. Keep an eye on Bitcoin. NFA. Feedback will be appreciated. Best wishes to all.
Long
by NewThoughtCrypto
1
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
Long
by BuySellMarketMaker
2
Ada is starting to moveThe vertical lines show important dates according to Gann - The next date is expected to be January 23rd The nearest support zone is $0.33. The chart is unlikely to reach that far. The target prices are: $0.39 - An 5% increase $0.41 - An 11% increase $0.45 - An 22% increase $0.58 - A 57% increase In summary, the chart shows a potential uptrend with target prices ranging from 5% to 57% above the current price of $0.37. The vertical lines indicate dates where interesting price action may occur. The nearest support level provides a basis from which an upward move may launch.
by HamdanAlmasri
What does a bear market look like?“A bear market starts with greed, followed by confusion, sells on fear and ends with hopelessness” - By me! 'Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." - John Templeton Apply this bear to bull transition with good market sense because some of the bears went into hibernation, not able to wake up at all, for example the recent collapsed of some banks. Able to recognize at what stage the market is… at any particular point helps me to determine whether to take on the market with some risks or not at all. Reference of Bitcoin Trading: CME Bitcoin Futures Minimum fluctuation $5.00 per bitcoin = $25.00 BTIC: $1.00 per bitcoin = $5.00 CME Micro Bitcoin Futures Minimum fluctuation $5.00 per bitcoin = $0.50 BTIC: $1.00 per bitcoin = $0.10 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME:BTC1!
by konhow