I think I have drawn a flawless painting !!! As you can see, the price is forming two bullish patterns on the 4-hour timeframe. I expect the price to rise to the top of the triangle to complete the handle of the cup and handle pattern. If my view is correct, Cardano will rise to $1.5 . so I think I have drawn a flawless painting!!!!!
Give me some energy !!
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Best regards CobraVanguard.💚
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
J-ADA
ADA Masterclass: Spotting the Perfect TradeHappy New Year, everyone! I hope 2025 is off to a fantastic start for you, filled with success, joy and of course, profitable trades. ADA has been a shining example of technical precision in recent months, offering reliable and rewarding setups. Let’s explore what the charts are telling us as we move forward into the new year.
Market Overview:
ADA has consistently respected key technical levels. Recently, the market completed a perfect ABC correction to the trend-based Fibonacci extension 1:1 at $0.7655, almost to the dollar. Following this correction, ADA has seen a strong rally, now approaching critical resistance levels, while the $1 support zone emerges as a pivotal area.
Key Observations and Levels:
1.) Resistance Zone – $1.079–$1.1108
ADA is approaching the 0.618 Fibonacci retracement of the broader downtrend from $1.3264 to $0.7624, located at $1.1108.
This level is a significant resistance zone, marking a potential turning point where sellers could step in to take control.
2.) Short Trade Idea:
A short trade setup can be executed at $1.1108, targeting the $1 support zone for a potential 8–9% gain.
Trade Setup Details:
Entry: $1.1108
Stop Loss: Above the 0.666 Fibonacci retracement.
Target: $1
Risk-to-Reward Ratio: 3:1
Risk: 2.75%
3.) Support Zone at $1:
The $1 level remains a critical support zone due to multiple confluences:
Psychological significance as a round number.
A single print zone between $1.001–$1.003, indicating a key liquidity area.
Alignment with the 0.382 Fibonacci retracement of the current wave (1st January low to 3rd January high).
Anchored VWAP from the recent lows is also sitting at $1, adding further weight to this level as a strong support zone.
Long Trade Idea:
A long trade can be considered if ADA revisits the $1 support zone, but ensure to wait for volume confirmation to validate buying strength before entering.
CARDANO Mega rally starting first to $3 then top expected at $5Last time we looked at Cardano (ADAUSD) we gave a confident medium-term buy signal (November 18 2024, see chart below):
Today, having seen a very strong closing to the year last week and especially since the price bounced off the 1W MA200 (orange trend-line), we are making a long-term call towards the top of the Cycle.
Technically ADA's historic pattern is a Channel Up and if we draw its Fibonacci levels, the price is currently within the 0.5 - 0.618 range. That is exactly where it was during the same stage of the previous Cycle in January 2021. As the 0.5 Fib held, once it closed a 1W candle above the 0.618, the price skyrocketed to the 0.786 Channel Fib and tested the previous All Time High (ATH).
We can see the amazing symmetry between the Cycles on the 1W RSI fractals too. As a result, our next immediate Target for ADA is near the previous ATH at $3. Beyond that, we expect the Cycle to top at $5, which is marginally below the 1.236 Fibonacci extension, which was where the August 2021 Cycle Top was priced.
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Be careful with ADAUSDT !!!As I mentioned, the price finally managed to break the bullish wedge and reach the targets I mentioned. Now, technically, since the price has reached the important 0.618 line, it might correct slightly and then break this line with strength to reach higher targets.
PREVIOUS ANALYSIS
Give me some energy !!
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA - Time to buy again!Possibly due to Bitcoin's price rising above $100,000 and an increase in money injection into Bitcoin, the price may correct slightly in a few days, drop to the support line, and then rise to $1.25 .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA rejection on the way?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#ADA Rejection on the Way?
Cardano (ADA) has caught the attention of traders with its recent price movements, especially as it approaches key levels that could signal either a rejection or a continuation of its current trajectory. Let’s take a closer look at the dynamics in play and what they might indicate for ADA’s next move.
Recent Price Action
ADA’s recent rally brought it to a critical resistance zone, raising questions about whether the upward momentum can sustain or if a rejection is imminent. Historically, this level has acted as a significant inflection point, and its current behavior aligns with prior instances of strong price reactions.
Key Levels to Watch
1.20: This is the primary level that ADA needs to break and hold above to maintain bullish momentum. A clear breakout here could open the door for further upward movement.
0.77: On the downside, this level represents a crucial support zone. A deep break below 0.77 would not only invalidate the current structure but could also signal a deeper correction.
Potential Scenarios
Bullish Case: If ADA consolidates sideways near the resistance without significant rejection, it could indicate strength and the possibility of an eventual breakout above 1.20. This scenario would align with bullish continuation patterns.
Bearish Case: A sharp rejection from 1.20, especially if followed by increasing sell volume, could push ADA back toward the 0.77 level. In this case, traders should watch for whether 0.77 holds as support or breaks, signaling further downside risk.
What to Look For
Sideways consolidation around the resistance level would be an encouraging sign for bulls, suggesting that ADA may gather strength for a move higher. Conversely, sharp and impulsive downward moves could point to a rejection in progress. Observing price action and volume near these levels will be key to assessing the next likely direction.
Final Thoughts
As with any market analysis, it’s important to remain flexible and responsive to price developments. ADA’s behavior around the 1.20 and 0.77 levels will likely provide critical clues about its near-term trajectory. While rejection remains a possibility, the potential for a bullish continuation cannot be ruled out. Traders should monitor these levels closely and adjust their strategies accordingly.
Trade safe, trade smart, trade clarity.
Ada breaking up out of a Bull pennant.Target for the pennant hound be around $1.86 . I also noticed the.bitcoin dominance chart’s 200ma looks like its finally flipping back to resistance which if so will increase the probability of ADA hitting this pennant target as well as alt season finally officially starting. *not financial advice*
Cardano ADA Continues Outperform The Market In JanuaryHello, Skyrexians!
In our recent analysis on BINANCE:ADAUSDT we predicted the price growth above $1.20 when the price was $0.37. When price reached the $1.30 we told you that it's time for retracement to $0.8. Cardano reached exactly this target and has already bounced. You can find all this predictions in this article . Now it's much more important to understand what is the next move.
Let's take a look at the daily time frame. After reaching the local top price has printed red dot on Bullish/Bearish Reversal Bar Indicator and dumped -40%. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Dump has been stopped inside the Fibonacci 0.5 zone with the green dot on this indicator. This is the strong sign that corrective wave 2 has been finished. The next target is 1.61-2.61 Fibonacci extensions. We suppose that price can reach $2.5-$3.5 in January-February 2025.
Best regards,
Skyrexio Team
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Hoping for a Dip, but Also Some Thrills: Shorting $ADA!CRYPTOCAP:ADA Short Setup:
Wanted some extra adrenaline in my life, so I’m shorting CRYPTOCAP:ADA here.
Simple setup: First time testing the monthly block. If this week closes below $1.18, it will add confluence.
Aiming for sub-80c. BINANCE:ADAUSDT
ADA Analysis: Key Levels and Trend Outlook 2024.12.28Hello, this is Greedy All-Day.
Today’s analysis focuses on ADA (Cardano).
Weekly Chart Analysis
Looking at the weekly chart, ADA is currently within the green box frame.
However, unlike the past, where the price oscillated within a box range with alternating bullish and bearish candles, the current zone has seen three consecutive bearish weeks, signaling persistent selling pressure.
Key Support Zone: Red Box
The red box represents the resistance level from 2022 before the breakout. It is now acting as a support zone under test.
If the support holds: ADA may follow a similar range-bound movement as seen in the green box on the left.
If the support fails: ADA is likely to drop further into the yellow box zone.
Breakdown Scenario:
If the yellow box support also fails, ADA may enter the blue box frame, with the potential to decline to as low as 0.216.
Daily Chart Analysis
The daily chart reveals several bearish patterns:
Head & Shoulders (H&S) pattern is complete.
Descending Triangle pattern is also complete.
Key Observation:
ADA is currently holding the 0.87 support level.
However, if the price breaks below the Ichimoku Cloud on the daily chart, the bearish patterns suggest a significant loss of buying momentum and a potential shift to selling pressure.
Target:
If the bearish scenario unfolds, the expected sell-off could lead to a 51% decline, with the price first testing the yellow box zone.
Additional downside potential will depend on whether support emerges in the yellow box zone.
4-Hour Chart Analysis
The 4-hour chart confirms that ADA has broken its short-term trendline, indicating a definitive shift in momentum.
Buying pressure appears to have dissipated, suggesting that the bullish trend is effectively over for now.
Upside Potential:
For ADA to regain bullish momentum, it would need to climb back above $1.00.
Until that happens, the market should be approached with a sell-oriented perspective.
Conclusion
ADA is currently in a bearish trend, with critical support levels being tested.
If 0.87 support holds, a temporary range-bound movement may occur.
If it breaks, ADA could fall to the yellow box zone or even enter the blue box frame, with a potential low of 0.216.
For now, a sell perspective is more appropriate, with cautious monitoring of the $1.00 level for potential signs of recovery.
Trade wisely, and best of luck! 🚀
Be careful with ADAUSDT !!!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to $1.07 after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TradeCityPro | Cardano : On the Way to a New ATH👋 Welcome to TradeCityPro!
In this analysis, I will review the ADA coin for you. The Cardano project is one of the major projects in the crypto space and has been among the top 10 coins by market cap for a long time.
📅 Weekly Timeframe: Moving Towards ATH
In recent weeks, ADA has shown a strong upward trend, forming significant lows that serve as support levels for the price.
📈 Currently, the price is struggling with the resistance level at 1.2046, and if this level is broken, the next major resistance will be the ATH.
🧩 The RSI oscillator entered the overbought zone during the price pump, reaching 82.87, and is now in a corrective phase, moving below the overbought level.
📊 The buying volume in recent candles has been substantial, supporting the trend and showing convergence.
🔽 In case of a correction, the first support level is at 0.7683, which the price has already reacted to once. If a deeper correction occurs, the last support for this bullish leg is at 0.4322.
✅ The primary support levels are 0.3166 and 0.2427, which are critical and unlikely to be easily lost.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ADA. Spot Entry Alert: Perfect Fibonacci Reversal! 12/24/24BINANCE:ADAUSDT
The market experienced a pullback, with the price returning to the lower boundary of the range. After breaking its support, it moved to a high-volume level, where strong buyers were present. Additionally, a proper Fibonacci correction was achieved, which might signal a potential reversal and an attractive spot entry point.
The $0.9388–$0.9088 range appears appealing for purchases, with targets at $1.2350–$1.3264.
DYOR.
ADA - Gearing Up for a Breakout?After an impressive rebound from the trend-based Fibonacci extension 1:1 at $0.7655, ADA has been consolidating between $0.92 and $0.85 for the past two days. As the new week begins, today's wOpen at $0.8834 is a critical support level, perfectly aligning with the key level at $0.8806. Holding above these levels reinforces a bullish outlook.
Key Insights and Trade Setups:
Support Zones to Watch:
$0.8834 (wOpen) and $0.8806 (Key Level).
Maintaining above these levels keeps the bullish structure intact.
Long Setup Options:
A great long opportunity was from today’s wOpen ($0.8834).
Alternatively, wait for a retracement to the golden pocket at $0.8877 of this current wave.
R:R: 2.5, a solid potential reward for the risk taken.
Target for Long Trades:
Aim for the Fibonacci 0.618 level at $0.9448, which aligns with the daily resistance level.
This zone also represents a high-liquidity area where short sellers may be forced to exit positions.
Pattern Confirmation:
The potential formation of an Adam and Eve pattern strengthens the bullish case. Confirmation comes above $0.9155, suggesting further upside.
Be careful with ADAUSDT !!!I think the price is trying to form a bullish flag, but I'm not sure yet. After the bullish flag breaks, we can say that the price will increase.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA – Is the $1 Support Zone the Next Target?ADA is currently trading within a well established range-bound structure. Here’s the breakdown of this setup:
1. Key Levels to Watch
$1.00
This is the most critical support zone and psychological level.
The Golden Pocket (0.618 Fibonacci retracement) lies perfectly at this level, adding strong confluence for buyers to step in.
Resistance:
Around the 0.786 Fibonacci retracement level (~$1.107), where price could be rejecting. The 0.786 Fibonacci level coincides with the Point of Control (POC) of the trading range.
The anchored VWAP (Volume Weighted Average Price) aligns with this resistance, creating a high-probability short opportunity!
2. Trade Setup: Low-Risk Short Opportunity
Given the confluence of the following:
0.786 Fibonacci level (~$1.107): Resistance zone.
Anchored VWAP: Adding overhead selling pressure.
Order Block & Golden Pocket at $1: Strong support target.
This creates a low-risk short setup:
Entry: Near $1.107
Take-Profit: $1.015
Stop-Loss: Above $1.113 to limit risk exposure.
3. Risk-to-Reward Ratio
Risk: ~1% loss (tight stop above resistance).
Reward: ~8% gain (targeting the $1.00 support).
This gives us an 8:1 risk-to-reward ratio, making it a highly favorable trade setup.
4. Supporting Indicators
Volume Profile: Price has significant volume accumulation near the current range, indicating strong resistance around $1.10-$1.12.
Bearish Structure: Price remains below the anchored vwap (yellow line), indicating bearish momentum.
Conclusion
ADA is showing strong confluence for a potential short opportunity with minimal risk and significant upside reward. A retest of the $1 support is likely, given the combination of the Fibonacci Golden Pocket, order block and anchored VWAP resistance.
Cardano - Starting The 10x Parabolic Rally!Cardano ( CRYPTO:ADAUSD ) is perfectly following the break and retest:
Click chart above to see the detailed analysis👆🏻
With an incredible +200% pump in November, Cardano is finally coming back to life after creating the bullish double bottom break and retest just a couple of months ago. Looking at previous cycles, this seems to be just the beginning of another +3.000 rally.
Levels to watch: $3.0, $10.0
Keep your long term vision,
Philip (BasicTrading)