ADAUSDTPERP
Is a 167% profit achievable? Take a closer look at ADA.Hello everyone! Today, let's look at the prospects of the ADA cryptocurrency.
After a local correction, the asset began to move in an ascending channel. The first serious resistance level is located around 0.236 on the Fibonacci scale ($0.43 per coin). If this level is successfully broken, the asset will continue its upward movement to the next two strong Fibonacci levels at 0.382 and 0.618. At the last level, it is possible to get a profit of 167% on the spot.
This is not a trading recommendation, everything you do is at your own risk.
Ada | Buying Zone Ada Usdt
Facing Strong Horizontal Resistance Here
Price will retest the lower support again in my opinion
incase Of Succesful Retest breakout can be seen again from the same range
Remember: These are just ideas that we share from our experience, it does not mean that they will be 100% perfect, anything can happen in the market at any time.
Always manage your risk and trade from your research
Adausdt | Getting Ready For Another Bullish Rally Adausdt
Trendline has broken now it is facing Horizontal Resistance in case of successful breakout expecting 50-80% Bullish Move
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Cardano ADA. No desire to buy, but there is a chance for growthFor more than a year, the ADAUSDT price has been falling, without any hints of a possible rebound.
The ADA price fell to the liquidity zone, below which buyers did not allow to adjust during the rapid growth in 2020-2021.
In general, we believe that 2023 will be the starting point in changing the trend to grow. We described it in more detail here:
So, we can assume that the Cardano token price may grow at least a little in its value.
The first resistance from above and the first target for growth is $0.40-0.42
The second target for growth is around $0.80 . It can be reached by the end of spring 2023.
But of course, there is always someone who can put a fly in the ointment and spoil the whole "pleasure"
If the sellers manage to fix the ADAUSD price below $0.23 , then few people will be able to prevent the price of ADA from falling by half again, to the region of $0.12
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Cardano ADA price is trying to stop falling) Maybe it will growIf we look at the ADAUSDT price chart globally, we can say that buyers are mega-passive.
At a time when quite a few altcoins are trying to grow, the ADA price continues to move in a downward channel, updating the 2022 low in November.
And some very strong altcoins, such as MATICUSDT, have long ago left the falling channel and changed the trend of price movement.
On the other hand, the ADAUSD price has entered the liquidity zone of $0.28 - 0.35, where it is trying to round up and show signs of a possible trend reversal.
If you believe in the positive prospects of the Cardano project, then the liquidity zone of $0.28 - $0.35 is a good place to take a long position for part of the deposit for the long term.
Analyzing the current price behavior of ADAUSDT, it is hard to hope for rapid growth. But $0.60- 0.65 for ADA closer to the middle of winter 2023 why not ?)
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The point to break out of the downtrend is...Hello?
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(ADABTC 1W chart)
If supported in the 0.0000 1593 ~ 0.0000 1944 section, it is expected to gather the power of the rise.
If this is not the case and falls below 0.0000 1593, the uptrend is expected to drop sharply.
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(ADAUSDT 1W Chart)
The key question is whether it can rise to the 0.5184-0.6834 range.
To do so, we need to hold the price above 0.2772 and see if it can rise.
(1D chart)
The key is whether the price can sustain the move above 0.3321 to break out of the downtrend channel.
Once it breaks out of the downtrend channel, we need to see if it moves above 0.3974 and prepares to continue the uptrend.
If it does not, and it falls below 0.2772, there is a possibility of entering long-term investment territory, so you need to think about how to respond.
The next period of volatility is around December 5th.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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🟢 ADAUSDT - 1D (16.10.2022)🟢 ADAUSDT
TF: 1D
Side: Long
Pattern: Falling Wedge
SL: $0.349656
TP 1: $0.407764
TP 2: $0.443220
TP 3: $0.472122
ADAUSDT is giving a buy signal on multiple HTFs. Looks like ADAUSDT is preparing to move.
Trading opportunity for long position ADAUSDTBased on technical factors there is a Long position in :
📊 ADAUSDT - Cardano
🔵 Long Now 0.4242
🧯 Stop loss 0.3991
🏹 Target 1 0.4590
🏹 Target 2 0.4890
🏹 Target 3 0.5435
💸RISK : 1%
We hope it is profitable for you ❤️
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🟢 ADAUSDT - 12H (29.09.2022)🟢 ADAUSDT
TF: 12H
Side: Long
Pattern: Bull Flag / Falling Wedge + Double Bottom
SL: $0.423901
TP 1: $0.448452
TP 2: $0.462917
TP 3: $0.474609
TP 4: $0.486300
Not only a bull flag but it looks like ADA trying to double bottom too. It should break out soon from the falling wedge.
Cardano - Will the buyer be able to hold his position.After stopping the fall at the current price levels there is a test of the interest zone of the buyer.
If the test is successful, the chart will go to the breakdown of the local trend line, the next target is the middle and the top of the trading range.
The buyer defends its position, with the accumulation on this instrument continues for further distribution at more favorable prices.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ADAUSDT 1D Effect of the Vasil hard fork on the Cardano priceOn Thursday, Sept. 22 , the Cardano blockchain will carry out its much-anticipated Vasil hard fork, a backward-incompatible upgrade taking place on the main network that is intended to enrich smart contract capabilities, increase the chain’s throughput and reduce costs.
The crypto community is very optimistic about the upgrade and expects the price of Cardano to rise. Previously, hard forks have been a catalyst for ADA prices to rise. After two updates, the price of ADA has grown almost 40 times (look at the chart). But after the last Alonzo hard fork in 2021, the price of Cardano fell by -80%. But it will also be true that in the same period, the bear period began in the cryptocurrency market.
Probably, now they want to launch the Vasil hardfork at the "right time" , so that the ADAUSDT price would immediately start to rise, since it was originally postponed from June to July, and now to September.
You can try to take a good medium-term deal:
Entrance - $0.45
Stop below $0.422 (-6.2%)
TP1 - $0.74 (+64%)
TP2 - $1 (+122%)
R/L ratio 20/1
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