If 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.
As you can see, after the initial growth up to $17,400, the price faced a correction exactly according to the schematic I drew on the chart and fell again to the support level of $16,900. Now we have to see if the price can stay above $16,900 again. If the price maintains this support level, we can expect growth up to $17800 as the next target!
Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Here's a short term overview on what we can expect for the price of Cardano for the immediate term. Technical...
I would like to share with you our trade signal for Cardano (ADAUSDT).
This one we are going with 8X lev. which is high risk.
For experts only.
Beginners stay away.
There is high risk involved with margin, leverage, futures and all that type of trading.
Spot trading for beginners.
Only move to the other tools once you dominate the easier ones.
If you do decide...
Those who follow me know I'm a fan of Tier-1 Crypto (BTC, ETH and SOL). But I have been keeping tabs on ADA for a while now from a price action standpoint. Its layered architecture seems to be an interesting alternative to other ecosystems; as well as, the network can become more decentralized than others. ADA would NOT be a utility contender to the likes of...
ADA - cardano update ; an alternate bottom theory
Yellow fractal is the same as the other one but stretched out. The momentum signature fits quite well. Zoom out on the chart to see the momentum similarities.
Would mean the bottom is very close and quite soon. Double tap then up only.
That bigger drop option, the momentum doesn't feel right.
note the chart i...
adausd has formed a cup and handle pattern and its handle will continue to touch FL zone i mean $0.22 and after that this cryptocurrency can break out handle and touch main target for sure (final target $19)
i know this is crazy but what is not!!!
If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
📌Long-Term: Left Chart
ADA has been overall bearish for a while and it is now approaching a strong weekly demand zone in green.
ADA formed a valid channel in red but it is not ready to go yet!
For the bulls to take over from a long-term perspective, we need a break above the...
Cardano (ADA) is one of my favourite coins which I choose to invest in. This is trade (investment) setup on larger timeframe. If you never bought ADA before it is still not late. I am not looking to reach targets 2,3,4 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and hopefully on Target...
My favorite charts of all are the bottomed out ones...
Cardano (ADAUSDT) is trading pretty low here, its lowest price since January 2021.
We can look at this from a TA perspective as well as a trading perpective.
Trading is best right now because of the low risk of this setup.
A stop-loss can bet set around $0.2950, manual, which is less than 6%.
🔥 Hi friends! Cardano is looking more weakly then any other top altcoins, but I recommend you to pay attention to it. It is in such moments of "calm" that the big players gain positions in the range.
Now the price is consolidating under the key level and before the growth we want to see the removal of stops of long traders from below. This is where there will...
I threw the tea leaves, I drew some lines and a cup.
Lets see how this one plays out over the longer term. Its just for fun really. IMO ADA bags are for long term HODL.
I've roughly modeled it on other past moves from big caps as they matured.
If you look at the dominance graph with ADA and ETH. It looks like ADA has just completed its first 'shelf'....
Negative news related to postponing of Ardana (DANA), a DeFi project, based on Cardano blockchain continues to make investors reluctant to return on ADA`s market. This is why volumes of trading continue to be extremely low, putting the coin into the side trading. Price range of ADA during the previous week was within a range of 2 points, from $0.30 support line up...
1W chart representing the ADABTC pair on the current and previous Cycle. There is a clear Resistance and Support Zone and based on where the Stoch RSI is following the 1W MA50 (blue) rejection, we are expecting a strong drop if the weekly closes below the 1W MA200 (orange). If it is unrealistic to expect ADA to lose so much ground and revisit the Support Zone,...
Cardano is getting ready for Black Friday.
It's on Sale, and it's time to lead some more, on each big dip.
ADAUSD ( ADAUSDT , ADABUSD ) is showing a "beautiful" Reversal Pattern.
I am holding and loading more.
My next good level: $0.15 .
* Elliott Wave A-B-C Pattern
* Fibonacci Retracement
* Demand Zone
* Cycle Analysis
* Bullish Divergence
- not everything is going down.
- if u missed some projects moon shoots in 2020-21.
- Don't miss that one.
- Everything is in graph.
The Ergo platform aims to provide an efficient, secure, and easy way to implement financial contracts that will be useful and survivable in the long term. Ergo describes itself as a self-amendable protocol that reportedly allows it...