Based on the provided market data, the ADA currency is currently trading at a price of 0.57 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 39.21, 48.40, and 76.0 respectively. The RSI values suggest that ADA is currently neither overbought nor oversold in the 4-hour and 1-day time frames, but it is in the overbought territory in the...
This signal is based on the idea that ADA is currently trading inside a bullish flag pattern, consolidating before the next break out. We're going to assume that the lows of the flag are already in and that the break out will occur shortly, hence the aggressive nature of the trade. Stop below the recent low, target at 0.6$. A more patient trader might want to...
Based on the given data, the current price of ADA (Cardano) in terms of USDT (Tether) is 0.3579. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 63.78, 87.74, and 63.56 respectively. The Moving Average Convergence Divergence (MACD) for the same periods are 0.0080, 0.0245, and -0.0098 respectively. The RSI is a momentum oscillator that...
Sorry about the mic fuzz at the beginning. Leave your questions & thoughts in the comments. To sum up: Bulls to regain control until the start-mid November at 30k levels Bears to very quickly take over at those levels This aligns with analysts' timing predictions of a heavy recession start. Considering DXY likely not being stationary, 30k is a rough...
This is a 1D frame analysis for ADAUSDT The price of Bitcoin has tested its static support band for some time and is currently above the support line. The candle has started to move upwards with a shadow a few days ago, and we can expect a price increase, but keep in mind that as long as the price is above the support line, we can expect a price increase. If the...
Hello Crypto Lovers, This is a 1D frame analysis for ADAUSDT After hitting its first support line, the price was able to move towards its first resistance line. We are currently considering two scenarios. Scenario one: If the price is unable to break above the first resistance line and we see weakness in the trend, there is a possibility of a price correction....
DAILY TF short 4H Short 2H Short 34min Short Strategy Trend Bearish Only technical rules.I ignore all fundamentals Risk and money management; Trend continuation,trailing stop(Only if buy sell pressure and trendomat confirmation follows) Position sizing Solana and Cardano get listed as tradable digital assets in Indonesia. SOL and ADA experienced price...
Of 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...
Mars Signals Team wishes you high profits* This is a daily time frame analysis for ADAUSDT.1D We are in daily time frame. What you see is the price swinging above the first support zone. We have two scenarios in mind Scenario 1: If you hold your price above our first support line, we expect price to rise to resistance areas. Second scenario: If the price moves...
Trading in an ascending channel. goals and likely scenarios on the chart.
ADA has been trading inside a bullish channel since the start of 2023. It appears that the most recent sell-off has concluded and found support on the bottom line of the parallel channel. Near-term targets in blue. If you prefer a high R/R trade you can wait until the price reaches the top resistance of the channel.
| ADAUSDT | LONG @ 0.36 - 0.38 | TP @ 0.39, 0.4, 0.41, 0.42, 0.43 | SL @ 0.33 | PATTERN = BULLISH MACD CROSSOVER | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and...
A quick take on my Short idea for ADA/USDT. All thoughts are displayed on the chart
💲 Cardano Has High Potential 💲 Nearest strong support zone: around the 0.5 level of the upward wave. 💲 Nearest strong resistance zone: around the 0.236 level of the downward wave. 💲 Technical environment: - Moving averages: 50/50 - MACD: Uptrend - RSI: Uptrend 💲 Price action: Cardano has fallen from its peak as much as other popular cryptocurrencies, it...
As we can see price is sitting on the support of the falling wedge RSI on 4H is forming a bullish divergence RSI on Daily oversold Lower Bollinger Band broken -> expected reversal I expect short term bounce to 0.2790 and a fast recovery in the next weeks
I think there is a possibility of falling by hitting the roof of the formed channel. It is better to check the charts yourself more carefully. be profitable
The market is still forming a wedge pattern Here the buyers are going to be trapped. and down trend continue