I'll simplify on this one -- reflective of ADA's non complicated nature.
KEY NOTE:
WEEKLY Price Yearlong standing price support -- currently bouncing off it with accuracy.
WEEKLY NET VOLUME surge.
Weekly Histogram Higher Lows.
Thinning movements on the lower price range -- HUGE HINT.
Currently sitting just above 1.0 FIB level -- beyond bargain / discount.
THIS...
The price is forming a descending head and shoulders pattern, indicating a lack of liquidity in this time frame. If the price follows this pattern, it could drop to around 30 cents.
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Hey Realistic Traders, let’s dive into the analysis of BINANCE:ADAUSDT
On the daily chart, Cardano continues to struggle below the critical EMA200, signaling a persistent bearish bias. Even more telling, the price has repeatedly respected the bearish trendline, underscoring the strength of this downtrend.
To make matters worse, we've seen a breakout from ...
ADA - BUY SETUP (OCT 2024)
Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. The price action and key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment...
Hey there, ✌ BINANCE:ADAUSDT In the daily timeframe, as observed, the price followed a downward trend from the 0.80 cent range, extending the correction down to 0.30 cents. Afterward, the price entered a consolidation phase within the 0.30 cent range, which has since been maintained. Currently, we’re seeing a breakout of the long-term descending trend line, and...
There was an imbalance on the 4-hour chart that also bounced right off the 61% level. This is a long-term trade and will hopefully break new highs within the next 6 months to 4 years.
This is not financial advice but I would highly invest in buying crypto and storing it in a cold wallet. CryptoBubbles.net is also a great platform to see the top 1000 coins to...
ADA 1W - It's closer to 0.24 than 0.51
If it breaks the small bullish channel that is forming (below 0.315), it's better to be out because it will surely not stop falling to 0.24. If it finishes breaking the bearish channel and reaffirms the price above 0.315, we can start thinking about serious increases in this value.
LEVELS:
SL1: 0.24
SL2: 0.10
TP1:...
Hello 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?...
ADAUSDT 1H - UP or DOWN Technical Triangle?
ADA is in a complex technical zone. On the one hand, it returned to the dominant bearish channel zone after having broken out of it with force. At the same time, it is in a buying zone if we look at the rising lows and highs it is building and which define a bullish channel.
Simplifying. If it breaks the triangle zone...
#ADA
The price has broken the descending channel on 1 hour upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.3300
Entry price 0.3400
First target...
ADAUSDT has reached the resistance zone at 0.39, where it was rejected with an engulfing candle pattern, signalling potential bearish pressure. The market has been moving sideways for the past two months on the daily timeframe, while the overall trend remains bearish, consistent with other altcoins. With the price at the top of the range, there is a strong...
ADA 1D - Buy Zone 0.33$
Beyond the corrective processes that we are experiencing these days following the BTC pattern, the market offers opportunities that we must know how to take advantage of.
In this case, ADA is building an upward channel leaving its current downward trend channel that has been weighing down its price since March 2024.
SL: 0.305
BUY ZONE:...
The ADA is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you...
ADAUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing...
In many ways, ADA reminds of XRP.
And that's not a compliment... Big promises, cult following, failure to reclaim previous highs etc. Either way - ADA can and will still be traded, and profits can be made.
However, another worrisome thought is that (like XRP) many bagholders may be waiting to sell around every corner. This causes extremely tough resistance...
