ADA completed its 2-legged pullback per my previous analysis and even overshot the key support zone to Push #1 support at $0.41. Is this an opportune time to long?
Previous Analysis:
How do we trade this? 🤔
Cardano found support at Push #1 support from the previous bull trend around $0.40 and has rebounded to the Daily 200EMA. It's reasonable to expect a...
ADA has established lifetime trend lines following the conclusion of the 2022/2023 bear run. The bear run low at $0.22, provides us a connecting dot to the 2020 bear run low of $0.018, allowing us to establish a Lifetime Support line. Likewise, the conclusion of the 2021 bull run provided us with a connecting dot for a Lifetime Resistance line.
Now that we...
ADA completed its measured move to $0.68 and has now completed two legs down in a pullback to Support Zone #1. Should we long here?
How do we trade this? 🤔
Support Zone #1 has held through two failed attempts to break down. We have a strong bull bar leading into the Daily 30EMA where we are now seeing some resistance. The RSI is around 50 and above the Moving...
Cardano is showing great bull strength toward the $0.40 price and has made a few attempts to break it! We're in the midst of a trading range pullback from the previous bull run waiting for the signal to go long.
How do we trade this?
Our bias for ADA should be bullish! We're fresh off of a bull run and are currently in a pullback. Much of the crypto market is...
Kiss the trendline and support from the 200 MA line will hopefully give ADA some fuel to ride on for a potential 48% climb. For me this is a spot trade idea - non financial advice!
With the crypto market-crushing over the past few weeks and with the recent news coming from Celsium plus the overall market sentiment, we are looking at shorting ADA and applying the following trading idea:
➡️Entry: 0.5025
✅Targets: 0.4898(50%) - 0.4749(25%) - 0.4595(25%)
❌Stop Loss: 0.5216
Hello, community members welcome to the ADA/USDT chart analysis.
I have tried my best to bring the best possible outcome to this chart.
As we can see from the above-mentioned chart that ADA/USDT broke the triangle pattern and retested well.
According to the current scenario, it can move up by almost 30% from the green zone which is also a support zone.
So, here...
I think ADA has hit the low, now is looking absolutely bullish.
I wouldn't expect ADA breaking the trend line, in my opinion ADA will reverse soon making huge gains in the way.
This is the moment to step in as we are getting supported by the higher lows.
This is definitely worth swing trade.
Technical Analysis Summary
ADA/USDT
TREND ANALYSIS
We have 1 downtrend trend in red color
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading...
Hi dear Traders
as you can see finally ADA broke the triangle and its heading to upper targets.
just choose you color or choice in the chart (Green or Orange)
Happy trading :)
p.s. this is just my Idea and not a recommendation for trading and would love to hear your ideas in comments.
BINANCE:ADAUSDTPERP is completely crazy, it's one of the coins that showed most strength in the dump and now. Checking the 4h timeframe, I see 3 legs to the upside and now and M formation or double top, meaning we could now see a nice retrace in terms of %. In this case I would go for a swing trade, I think Market Makers will try to recover the nPOC's (Possible...
Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Ada is currently on support level, There is room I...
Cardano's potential target is $ 4 If it breaks the $ 2.70 range it will reach our next target and if you form a pattern after that If I will leave the pattern of formation of the next analysis after that, follow us in tradingview.
