Get started

Cardano

ADA EOY targetsHello Tradingview community! As always: If these patterns I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR The chart explains it all pretty much.. From my own TA perspective, it seems that BINANCE:ADAUSDT could be at around 0.60 - 0.80 cents EOY and potentially even the 1 dollar mark. What about downside? Well if Bitcoin takes a massive dump then ADA could hit the 0.25 - 0.31 zone (i find it unlikely) Even though I'm clearly more bullish than bearish I still ALWAYS consider downside while being it. Just an idea, BOOST if you like it and follow for more! NFA DYOR <<<<------
Long
by RandomTAdude
2
ADA 50-150 Bullish SMA Cross ImpendingCardano is about to experience a weekly 50-150 simple moving average cross. This is coming off the back of a strong week for the alt coin. The RSI is 60 at time of publishing. The token has corrected so far to the .236. Anything close to the 50 sma is a good buy for longs in my opinion. Targets are market with green horizontal lines and are fib extensions from the previous high swing low. Not financial advice. Do your own DD. Thanks for viewing the idea.
KRAKEN:ADAUSDLong
by BallsOfSteel32
Cardano (ADA) - Pullback Expected!Cardano (ADA) has managed to breakout out from a key resistance level of: =$0.40 and has been on parabolic run since with +100% gains from a single weekly candle. Bulls momentum will be exhaused from this buying presure. Expect the bears to create a healty pullback back down to the following: "NEW" Support Zone= $0.54 If a weekly candle can close between: $0.54 - $0.59, then ADA will retest $0.65 again. ADA is still forming higher lows on the chart with trend lines which is bullish also for long term! 🌟Target= $0.90🎯 ‼️DISCLAIMER PLEASE READ CAREFULLY‼️ *(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS THAT YOU MAY MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSE MONEY, IF NOT ALL.) (CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION. SEEK PROFESSIONAL ADVICE FROM A CERTIFIED FINANCIAL ADVISOR.)
by Bitcoin_Benny
Momentum Rating Update - ADA/USDTOur Bullfinder AI Tech has identified a potential opportunity within Cardano ( BINANCE:ADAUSDT ) as potentially bullish above $0.5870. Upon reviewing latest developments, our founding Team have identified $0.4860 as an important price point to monitor. If price moves below this price point, bearish continuation risk may increase substantially. (Please note - This page has experienced a name-change from RiskMastery to Bullfinder-ai) We look forward to bringing you more great content within our publications, and thank you for being here with us! Love & Wisdom, Team at Bullfinder AI
Long
by Bullfinder-official
#ADA Breaks Through Key Resistance: Is a Major Rally Ahead?Yello, Paradisers! Could this be the moment #Cardano finally takes off, or are we facing another potential setback? Let's discuss the latest #ADA analysis: 💎After breaking through the descending resistance of its falling wedge pattern, #ADAUSDT is showing promising bullish momentum. But before we get too excited, let’s dive into the crucial levels and scenarios to determine the next probable move. 💎Currently, #Cardano is approaching the demand zone around $0.313, a vital support level that could spark a new leg up. If CRYPTOCAP:ADA rallies from here and breaks the $0.417 resistance level, we might witness a notable shift in market structure, potentially propelling the price toward higher resistance targets. 💎If CRYPTOCAP:ADA fails to hold this demand zone, it could slip down to test the critical support between $0.274-$0.290. This range, aligning with a previous low, acts as a crucial price floor. For the bullish outlook to stay intact, CRYPTOCAP:ADA must reclaim the $0.313 level with strength. Any sustained move below this level could indicate a breakdown. 💎On the other hand, if a daily close occurs under the $0.274 support, the bullish case would be invalidated, putting CRYPTOCAP:ADA at risk of setting a new lower low. Such a scenario would significantly increase the likelihood of further declines. Always aim for precision and keep a close eye on the critical zones to maximize your trading edge. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
Cardano Founder A Potential Crypto Advisor to TrumpThe cryptocurrency world is buzzing with speculation about the potential appointment of Cardano founder Charles Hoskinson as a crypto advisor to the next US administration in 2025. This news has sparked excitement among ADA holders and crypto enthusiasts alike, with many wondering if this could trigger a significant bull run for the Cardano token (ADA). Hoskinson's Background and Vision Charles Hoskinson, a prominent figure in the crypto space, is known for his co-founding role in Ethereum and his subsequent creation of Cardano. He is a vocal advocate for blockchain technology and its potential to revolutionize various industries. Hoskinson's vision for Cardano is to create a sustainable and scalable blockchain platform that can support a wide range of decentralized applications (dApps). Potential Impact on Cardano (ADA) If Hoskinson were to become a crypto advisor to the next US administration, it could have a significant impact on the cryptocurrency market, particularly for Cardano. Here are some potential scenarios: • Increased Regulatory Clarity: Hoskinson's influence could lead to more favorable cryptocurrency regulations in the US. Clearer regulations would reduce uncertainty and attract more institutional investors to the market, potentially boosting the price of ADA. • Enhanced Adoption of Cardano: Hoskinson's position could help accelerate the adoption of Cardano's blockchain technology. Governments and businesses may be more inclined to explore the potential of Cardano for various use cases, such as supply chain management, voting systems, and financial services. This increased adoption could drive demand for ADA and push its price higher. • Positive Sentiment and Market Momentum: Hoskinson's appointment would likely generate positive sentiment and excitement around Cardano. This could lead to a surge in buying pressure, driving the price of ADA upwards. Additionally, it could attract new investors to the Cardano ecosystem, further fueling the price rally. ADA Price Prediction: Could It Reach $5? While it's difficult to predict the exact price of ADA, the potential positive impact of Hoskinson's appointment could certainly contribute to a significant price increase. However, reaching $5 would require a combination of favorable factors, including: • Continued Development and Innovation: Cardano's team needs to deliver on its development roadmap and introduce innovative features to attract developers and users. • Positive Market Sentiment: A sustained bullish market sentiment for cryptocurrencies would be beneficial for ADA's price. • Increased Institutional Adoption: Growing interest from institutional investors would provide significant support for the price of ADA. It's important to note that price predictions are speculative and subject to market volatility. While Hoskinson's appointment could be a major catalyst for ADA, other factors such as broader market trends, regulatory developments, and technical analysis will also play a crucial role in determining the price of ADA. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
Long
by bryandowningqln
Doggy Style- I mostly use some specific projects to try to predict the next " Altcoin Rally ". - I typically use Cardano or Doge because they are older and I can use indicators from earlier times. - Yes doge is meme, but all altcoins are also Memes until they have a real use case right ? - so you remember this BTC post i made in 2022 ? ( please check it ) - So this is almost exactly the same but with this graph i use : - Tenkansen ( Yellow line ) - SenkouSpan ( Green line ) - so now check the compressing descending trend. - check now both lines ( Yellow and Green ). - Notice when the yellow line cross down the green, we go bear. - Notice when the yellow cross up the green, we go bull. - So what we can deduct? - Altcoins are not yet Bullish. - But remember Altcoins will go parabolic at one point and you want to be there! - When? - anyone knows the exact date but you need to understand " The Delay ". - i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish. Happy Tr4Ding !
CRYPTO:DOGEUSDLong
by thecryer
20
Important volume profile section: 0.5941 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (ADAUSDT.P 1M chart) Important volume profile section is formed in the 0.4346-0.5941 section. Accordingly, the key is whether it can receive support and rise near 0.5941. - (1W chart) Currently, the BW(100) point is formed at the 0.6818 point, so the point to watch is whether it can rise above 0.6818. To do this, we need to see if it can be supported near 0.5941 1st: 0.6206 2nd: 0.6818 and rise to the 1st and 2nd ranges above. Since the HA-HIgh indicator and the BW(100) indicator indicate the high point range, if it breaks through this indicator upward and receives support, it is highly likely to renew the high point. If it fails to rise, it may fall until it meets the HA-Low indicator or the BW(0) indicator, so we need to think about a countermeasure for this. - (1D chart) If it is supported near 0.6818 and rises, you should set the target point at around 0.9242 and think about a countermeasure for it. If it falls below 0.5941, you need to check if the BW(100) line is created. If the BW(100) line is created, it is likely to lead to an additional decline, so you need to think about a countermeasure for it. For now, if it falls below 0.5693, I think there could be a sharp decline, so you need to prepare a countermeasure for it. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
ADA Long back to +42cWe should've been in earlier and don't really like the weakness present at this breakout attempt. So much caution and small positions. Having said this, we like the perfect backtest of 33c after a shift in momentum with the higher lows, now we can use the 33c as an invalidation point to our argument and change in trend. We played this trade to the downside and waited for a long time to a structure like this to develop. Even if the SL hits we will be very focused for the next few weeks as the bottom does appear to be in and many opportunities could arise.
COINBASE:ADAUSDLong
by SynergyTradingSetups
6
Cardano provides second chance before altseason startsHello traders, Cardano price declined on over 60% since March and lost almost all gains for the past year. Currently ADA is trading at very attractive price levels for long term buys. Considering that there might be new altseason coming soon I think that it's good time to buy ADA in mid or long term as it can repeat recent growth above 0.8 level easily. The main buying area located at 0.25 price level but I'm not sure if ADA drops there unless BTC will test 50k area again. If this happens then it will be perfect buying opportunity but even current levels are great for long term. For the bulls it's important ADA to break 0.4 resistance level and hold above. If this happens then we can expect continuation of the rise. Please, do not forget to boost this idea and leave your comments below, thanks.
by Real_CryptoRoy
22
SNEK: $0.000 35 | A Cardano Meme Coin the gateway for CARDANO ecosystem organically created by a tight community with a sequence of projects disclosed week after week as early as April and May 2023 early investors already sold at CEX listing fresh whales coming in done thru ETHEREUM pair size you entry as handler may just emulate CARDANO's price action with a nasty shakedown and unthinkable PUMAPAMENTALS Target: $0.01 Validation: $0.00 151 Cost of Issuer: $0.00 00 24 to $0.00 00 18 checkout the rest of next BIg Thing www.taptools.io
by senyor
6
ADA USDT thesis with RAG AI by Titan_KarmaIntraday Scalping Strategy Analysis for Cardano (ADA): Evaluating Long Positions Amid Current Market Conditions Abstract: This thesis examines the viability of initiating a long position in Cardano (ADA) based on current market conditions, using an intraday scalping strategy. The analysis leverages a combination of technical indicators, real-time data, and sentiment analysis to identify optimal entry points and manage risk effectively. The findings are grounded in a comprehensive evaluation of the market's bullish momentum, positive sentiment, and recent trading patterns, with an 85% confidence level supporting the trade recommendation to initiate a LONG position. 1. Introduction This thesis aims to explore the application of intraday scalping strategies to ADA, specifically under current bullish market conditions. With Cardano's price reaching $0.4406 and a significant surge in trading volume (266.96 million), there are indications of continued upward momentum. However, caution is warranted due to overbought technical indicators. This study identifies strategic entry and exit points to optimize returns while minimizing risk. 2. Background on Cardano (ADA) and Scalping Strategy Cardano Overview: A brief overview of Cardano, its role in the blockchain ecosystem, and the factors driving its adoption. Intraday Scalping Strategy: Definition and explanation of scalping, a high-frequency trading strategy that involves capitalizing on small price movements throughout the day. This strategy is particularly effective in moderately volatile markets like ADA. 3. Data Sources and Market Analysis Coinglass Data: Open interest remains healthy, with a favorable funding rate indicating market participants are predominantly taking long positions. The absence of significant liquidations suggests a stable trading environment. Binance Order Book Analysis: The presence of substantial buy walls at $0.4350 suggests strong support, which could act as a buffer if a retracement occurs. The moderate volatility index indicates a conducive environment for scalping. CoinMarketCap Metrics: A robust liquidity score and stable market cap reflect sustained investor interest, with candlestick patterns pointing toward a bullish continuation. Sentiment Analysis (Augmento and CryptoCompare): Predominantly positive sentiment among traders, driven by recent whale activity and institutional interest, reinforces confidence in ADA's short-term bullish outlook. 4. Technical Analysis of Current Market Conditions Relative Strength Index (RSI): The RSI is above 70, indicating overbought conditions. Historically, this level suggests a potential for short-term pullbacks. Stochastic Oscillator: High Stochastic readings align with overbought conditions, advising caution for new entries until a retracement is observed. Bollinger Bands and Moving Averages: The price is near the upper Bollinger Band, suggesting potential resistance, while the price remains above the 50-period moving average, indicating bullish momentum. MACD: A recent bullish crossover on the MACD supports the continuation of an upward trend, aligning with the current market sentiment. 5. Trade Recommendation and Strategy Position: Open a LONG position if the price retraces to the support level of $0.4350. Entry Criteria: Timeframe: 15-minute intervals to capitalize on intraday movements. Indicators: RSI above 50, MACD bullish crossover, price near the middle Bollinger Band, and moderate volatility. Stochastic Oscillator: Monitoring overbought conditions to identify optimal entry points after a pullback. Exit Strategy: Take Profit: Target set at $0.4500 to align with the next resistance level. Stop-Loss: Set at $0.4300 to mitigate downside risk. Exit Point: Recommended exit around $0.4450 to secure gains while avoiding potential pullbacks. Confidence Level: 85% 6. Risk Management and Market Dynamics Support and Resistance Levels: The $0.4350 level serves as a key support zone. A break below this level could signal a shift in sentiment and invalidate the long trade setup. Volatility and Market Sentiment: Given moderate volatility and high bullish sentiment, traders should remain agile, adapting quickly to changing conditions. Overbought indicators suggest monitoring for potential pullbacks before entering new positions. Correlation with Broader Market Trends: ADA’s price movement remains correlated with Bitcoin (BTC), which also shows bullish signals. Any significant shifts in BTC’s performance could impact ADA’s trajectory. 7. Conclusion The current technical and sentiment indicators provide a favorable setup for initiating a long position in Cardano (ADA). However, the overbought conditions identified by RSI and Stochastic indicators warrant caution. The recommendation is to wait for a retracement to the support level of $0.4350 before entering a long position. The exit strategy, stop-loss settings, and profit targets are designed to optimize returns while managing risk effectively. 8. Future Research Further research could explore the impact of macroeconomic factors on ADA’s price, the influence of whale activity on market sentiment, and a comparative analysis of ADA’s performance relative to other Layer-1 blockchain projects. Additionally, studying the correlation between ADA’s market movements and those of Bitcoin could yield insights for improved predictive models. This thesis provides a comprehensive analysis tailored for traders leveraging intraday scalping strategies, focusing on optimizing entry and exit points in a moderately bullish market environment.
Long
by titankarma
ADA: Still in Wave 2 (updated EW count)ADA/Cardano and its forever sideways price action has led me to redo the count for the two yearslong bear market. Previously my assumption was that Oct 2023 was the termination of primary wave 2. However, the price action for an entire year since then has not been impulsive. It is possible that Primary degree 2 is done and this price action is another 1/2 on a smaller degree, but it is odd to start the wave 3 of primary degree this weak and this slow. So, looking at the structure again and new thesis is ADA is at its last leg of the Primary wave 2 correction. Either it finishes up the y wave of the minor degree as a triangle, or it could correct deeper as an ABC, where the triangle structure forming right now drags on longer for a B wave triangle and then get a C wave back to $0.16 - $0.14 area to complete the correction. This could drag on till next year Q2 where BTC correction could also end, on a different degree of trend. For now, I am only going to wait and watch.
BINANCE:ADAUSD
by mukit1
3
BTC/USD : To The Moon ? (READ THE CAPTION)By analyzing the #Bitcoin chart in the weekly timeframe, we can see that after our last analysis, Bitcoin rose over 10%, climbing from $66,500 to $73,600, now within just $100 of its all-time high. Following this move, Bitcoin saw a slight correction down to $72,000, and I still expect the previous high to be broken soon, with Bitcoin reaching higher levels. The next bullish targets are $77,000, $81,700, and $93,800. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3