ADA (Y24.P4.Video1). ADA and levels of interestHi Traders,
My thoughts on ADA. Its a shame we can't edit these videos to make them short and quick to the point.
All the best,
S.SAri
ADAUSDT trade ideas
ADA Cardano bounce off 4hr 200EMA with deep green dot printingADA Cardano bounce off 4hr 200EMA with deep green dot printing. Congrats to anyone that got ADA under $1 on the flash crash. We now got a great bounce off the 4hr EMA and a very deep green dot printing on market cipher. This will confirm in about 15 minutes. I think we'll get back up to test the $1.16 daily level very quickly from here.
ADA Update and possible trendlines (4h)ADA performed as of now as expected and touched the 161.8 fib extension of the uptrend + touched the trendline and respected it several times.
Given the CCI I don't necessarily see a downtrend shortterm but we might prepare for a possible , short lived, dump to the 161.8 fib extension of the high time frame view, before regaining momentum. I've drawn in two possible scenarios that, in my eyes, could play out - altho I favor the continuous uptrend.
after the touch of 161.8 extension, BINANCE:ADAUSDT consollidated for a bit bellow it until it touched the trendline again. now it's slightly above the trendline and bellow 161.8. to me that indicates the 5th "wave" (not refering to elliot wave here) of the consollidation and breakout movement we saw previously 4 times in a row. so basically, if the momentum still gives, we can see another break upwards and above the 161.8 in the next days.
if it falls bellow, the next poi would be the VAH since the upmove. I've adjusted it to the current volumes so it's at 1.07. I'd see this one hold and form support, IF ADA breaks the trendline. but time will tell.
$ADA movement This chart shows that ADA is moving in an uptrend. Higher highs (HH) and higher lows (HL) indicate the continuation of this trend.
Stop Loss: If the price drops below 1.0466, the analysis is invalid.
Take Profit: The price may reach 1.3383.
Key Level: Resistance at 1.1604, where the price might pull back before continuing upward.
Overall, as long as the price stays above the ascending trendline, the chances of further growth are high.
Update on ADAhello everybody.
tonight we have an update on Cardano and the price base on structure looks very bullish and could potentially go higher.
the price broke the recent structure and the green dots indicate our current range I also marked the liquidity above the demand zone and as soon as the price comes to the demand we will look at the price in the lower time frame and look for confirmation and if we saw one we can set an order and target the high of the range and catch a pretty good RR.
for now, we have to analyze the behavior of the price and see if it reaches our demand zone or not and be patient.
I will keep you updated.
tnx for reading <3
ADAthere was a good spike, slowing down and three-corrections, v-formation and break out. A long position from this very point is likely to hit the target at a TP2
Ada/Usdt trend analysisHello friends. So now we are toward to resistance but i think around 1.10$ zone bullish setup is considrable
DYOR
levels shown for you
Enjoy :)))
ADA Update after recent selloff (1D)BINANCE:ADAUSDT in the daily chart saw, as almost everything (stocks, cryptos etc.) a selloff after the FOMC meeting. I personally find it hilarious that, after all these bullish news, there only needs to be ONE bad or slightly negative news and boom, everyone panics. but here we go again:
ADA didn't find support (as of now) on the Trendline since 2018. The most important part is now it HAS to find support above it again otherwise it can turn into resistance yet again and we just managed to push through it at the end of november.
it kind of found support on the major resistance/support flip line (red) even tho it pushed through, if it holds/closes above it is just a liquidity grab but not a real weakness.
same goes with the trendline of 2018. if we manage to get up to around 87cents before the day closes, we can assume the trendline to be still in tact (kind of) altho weakened.. so another clear bounce from that area would be nice to see before attempting higher.
the CCI shows we are way oversold now (but it's not a reliable indicator in of itself).
so since it couldn't attempt a push through the 161.8 fib extension (as I thought) before everything crashed, I think for now we can see a little consolidation before the uncertainty subsides. somehow I could imagine that the market will consolidate until 20th of january, just because the "uncertainty" of the trump effect will then be a fact or fiction. but we will see.
in the greater picture of the crypto market, we saw a 31.78% correction with ADA before rebounding. the next days will tell if it goes down further to the POC (which is at 59 cents) or find support at either 80 or 87 cents (80 is red line, 87 is trendline).
PS: if you'd draw fib levels from the recent high to the currently established low, our 50% fib level is at around 1.04 $ and the golden pocket coincides with the 161.8 fib extension level.
ADA LONG H1Cardano is a decentralized third-generation proof-of-stake blockchain platform and home to the ada cryptocurrency. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach.
The Cardano platform has been designed from the ground up and verified by an industry-leading combination of top engineers and academic experts in the fields of blockchain and cryptography. It has a strong focus on sustainability, scalability, and transparency. It is a fully open source project that aims to deliver an inclusive, fair, and resilient infrastructure for financial and social applications on a global scale. One of its primary goals is to bring reliable, secure financial services to those people who do not currently have access.
ADA LONG H1Cardano is a decentralized third-generation proof-of-stake blockchain platform and home to the ada cryptocurrency. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach.
The Cardano platform has been designed from the ground up and verified by an industry-leading combination of top engineers and academic experts in the fields of blockchain and cryptography. It has a strong focus on sustainability, scalability, and transparency. It is a fully open source project that aims to deliver an inclusive, fair, and resilient infrastructure for financial and social applications on a global scale. One of its primary goals is to bring reliable, secure financial services to those people who do not currently have access.
What do you think about?What do you think about this.
I thinn go to the middle Bolliger band to 1$
Buy.
Wait
Sell
decaying volumes indicating a pullback or a full scale shortthe volumes that are decaying are indicating a possible 30 or 50 percent pullback if not a full scale short !
"Big Melons Pattern" - a double cup with no handle<3 <3 <3 Hold the melons, finesse the melons. You will learn to love the melons <3 <3 <3
ADASo far steep trend line not broken since election. Let's see if resistance at 1.23 can easily be crossed
Destiny 1H ADAThe negative divergence is very clear; in the previous analyses I sent, I explained that it has broken the daily trend line and is currently at another trend line resistance, which is the current point. My expectation as a technician is a drop in the price of ADA to the $0.5 range.
ADA Bullish PatternBy this bullish triangle pattern In case of breaking out we could easily reach 1.5$
Cardano With a Bright Bullrun!Hey Trader!
Cardano is trading within a descending channel, presenting a clear structure of lower highs and lower lows. While this pattern often leans bearish, there are signs of buyer activity, as evidenced by the repeated bounces off the lower trendline. This suggests that the market is at a pivotal moment, with the potential for a significant move in either direction.
The key resistance to watch is at $1.3269 . If ADA manages to break above this level and exit the descending channel with strong volume, it could signal the start of a bullish rally, potentially driving the price toward levels above $1.40 . Conversely, if the price fails to hold the current support at $1.0576 , a deeper drop toward $1.0378 could materialize, shifting the momentum decisively in favor of the bears.
The RSI indicator remains neutral, suggesting that the market is in a consolidation phase and building momentum for a breakout. Volume will be crucial in confirming the direction of the next move. With buyers stepping in to defend support and sellers maintaining pressure at resistance, this setup is nearing a critical decision point.
Stay alert for how ADA reacts around these levels—it could define the next major trend. What’s your take on ADA? Will it break upward or continue downward? Let me know in the comments!
Ada/Usdt Analysis In 1 Hour Time Frame Date 6/12/2024Ada/Usdt Analysis In 1 Hour Time Frame Date 6/12/2024
Sell Zone : 1.1510
Stop Loss : 1.2058
Take Profit : 0.9473
I think it's stronge sell because there are so many liquidity and also chart shows that a trend breakout and also Resistance Breakout, So for me it's stronge Sell
Cardano (ADA) Buy SetupAlexGoldHunter BINANCE:ADAUSDT Technical Analysis and Buy Strategy for Cardano (ADA/USDT)
Chart Analysis
Current Price: $1.1866
Key Zones:
Order Block: $1.25
Swing High: $1.1958
Swing Low: $1.15
Strong Low: $1.03
Volume Profile:
Significant trading volume around $1.18 to $1.20, indicating strong interest and potential support/resistance.
Technical Indicators:
RSI (Relative Strength Index): Currently around 47.99, indicating neutral momentum.
MACD (Moving Average Convergence Divergence): Shows a bearish crossover, suggesting potential downward momentum.
Buy Strategy with Confirmations
Identify Key Support Levels:
Look for buying opportunities around the $1.15 support level, as it has been tested multiple times and held.
Volume Confirmation:
Ensure there is significant buying volume when the price approaches the $1.15 support level. This can be confirmed by a spike in the volume bars.
RSI Confirmation:
Look for the RSI to be in the oversold region (below 30) and then start to move upwards, indicating a potential reversal.
MACD Confirmation:
Wait for a bullish crossover in the MACD (the MACD line crossing above the signal line) to confirm upward momentum.
Break of Structure (BoS):
Look for a BoS above the $1.1958 resistance level to confirm a bullish trend. This would indicate that the price has broken above a key resistance level and is likely to continue upwards.
Entry Point:
Enter a buy position when the price is around the $1.15 support level with the above confirmations in place.
Stop Loss:
Place a stop loss slightly below the $1.15 support level to minimize potential losses in case the support does not hold.
Take Profit:
Set a take profit target around the $1.25 resistance level (Order Block), as this is a significant resistance area where the price might face selling pressure.
By following this strategy and waiting for the confirmations, you can increase the probability of a successful trade.
If you need further assistance or have any other requests, just let me know! 😊
