J-ADA
🚧Cardano is Bullish now🚧 & many Traders don't see it 👀!!!ADAUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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Resistance of $0.45The current market valuation of ADA (Cardano) is exhibiting a significant approach towards a crucial resistance level, marked at $0.45.
This juncture is pivotal, as a successful breach above this threshold could potentially initiate an upward trajectory targeting the $0.50 mark, with a further possibility of extending gains towards the $0.55 level.
Conversely, should there be a rejection at this resistance point, ADA might find its immediate support around the $0.37 zone, which would be the next focal point for investors to monitor.
This analysis is for informational purposes only and should not be considered as financial advice.
ADA - Break or Make Zone ⁉️Hello TradingView Family / Fellow Traders,
ADA is currently hovering around a robust resistance zone highlighted in blue.
Weekly Chart:
📈 To maintain control and establish a long-term bullish perspective , a weekly candle close above 0.465 is essential for the bulls.
If achieved, a movement toward the next resistance at approximately 0.8 could be anticipated.
H4 Chart:
📉 Conversely , the bulls will remain in control unless the last low in red at 0.393 is broken downward.
In this case a bearish correction till the 0.31 mark would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
ADA: Ascending Triangle BreakoutCardano (ADA) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle pattern, above $0.40 resistance, could signal continuation of uptrend, with near-term upside to $0.46. Previously, price broke above 200-day moving average ($0.30), which confirmed a bullish trend reversal to an Uptrend.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.040 – $0.42, then $0.46.
#ADA #CardanoIt is moving in an ascending triangle, which can escape from the top of the triangle towards the daily targets and touch the specified targets by breaking the sub-swing of the corner pattern. Therefore, after breaking the triangle and confirming the pullback, it is possible to enter a buy position around the specified targets.
$ada Cardano ready to breakout of accumulation Any day now LSE:ADA will breakout of over a year of accumulation. It is one of the few coins that haven't seen a significant rally as of yet. That is about to change in my opinion. A conservative price target would be $1.05ish where the 77 Vwma currently sits. A 155% gain. A timeframe on this would be about 2 months to target.
ADA: Ascending TriangleTrade setup : Price is approaching $0.40-$0.42 resistance zone, trading in an Ascending Triangle pattern. We wait for price break out, which would signal continuation of uptrend, with near-term upside to $0.46. Previously, price broke above 200-day moving average ($0.30), which confirmed a bullish trend reversal to an Uptrend.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.040 - $0.42, then $0.46.
DYDX flight is not over yet!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Technical: prolonged growth has formed a structure with a downward movement and has broken through the local countertrend, there is the potential to reach an update high towards $3.9-4.
I do not rule out that there may soon be a squeeze movement down all alts, so be careful with your leverage! In theory, you can try to take 10-15% from here without leverage.
ETH - it seems that the trend line is about to be brokenHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, pay attention to the local ETH chart with a clearly defined trend line, the last rebound from which was 3.5%.
I think that soon we will see a possible small pullback here with a possible breakdown of the trend line; from the technical side, after the breakdown, there may be a spill below $2000.
You took a short position from the current ones, are you waitingHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
I’m trying to catch a rollback towards the trend line from the current values. I allocated 15% of the deposit for shorting with a leverage of 3X.
Deal plan:
▪️Entrance - $38,820/39,150
▪️Stop - $40,150
▪️Take - I will update
Guys, the deal looks a little dangerous, so be careful! I set the stop taking into account the expansion of the position with averaging of the entry point (-2.5% without X), you can use a different MM depending on the leverage. Goal: see a breakout of the trend line.
Is Bitcoin heading for a correction? Attempt №2Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, some thoughts on the Bitcoin chart:
We received a buyer's reaction from $37,450, thereby removing liquidity from below (long positions), after which Bitcoin crossed the local maximum of $38,550, removing short positions. In general, they shaved both of them.
There are thoughts that we may soon see a slight pullback towards the trend line of $37,400-36,500 (6-5.5%). I think that there is now a little euphoria in the market and the majority are now preparing for a trip to $40,000; well, before going into this zone, it would be logical to see a pullback.
Guys, I put a calculator on the chart just so that you can see the zone where the price can approximately go, if you take a short position from the current values, try to do this with an increase higher.
ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis:- Cardano landed on its key support at 38 cents this week and, in the process, also registered a 3% loss in valuation. If bulls hold here, then ADA could end its correction.
The current resistance is found at 41 cents, and it may take some time before this cryptocurrency tests it again.
ADA has a good opportunity to reverse and end its correction at this level. If it fails and the current support falls, then the price is likely to go to 35 cents next.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
ADA PREPING FOR A 6% MOVE UP!ADA has had a slow move up and is now rangebound in a beautiful bull-flag pattern. When looking at the bull-flag, we can see that the price seems to want to move higher. If in fact it does begin to move higher and breakout, the next major resistance would be the range highs around 41 cents.
Lets stay patient and see if we will get a breakout which would mean an opportunity to long!
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This is not financial advice. This is for educational purposes only.
Is Bitcoin Ready to Rise in December?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Let's welcome the month of December green?
I’m trying to get a scalp-long with a small gain below 10% of the deposit
Deal plan:
▪️Entrance - $37,510/37,050
▪️Stop - $36,500
▪️Take - I will update.
Guys, on one of the exchanges there is now strong pressure towards 37,000-36.***$, perhaps they will send us there, so I’ll leave one limit for adding positions. With stop averaging you get -2% without leverage, calculate the risks in advance.
CARDANO: Hydra update Bullish for ADAHi Traders, Investors and Speculators of Charts📈📉
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 🏫
Cardano (ADA) has gained significant global recognition as a blockchain platform due to its emphasis on scalability, security, and interoperability. Frederik Gregaard, CEO of the Cardano Foundation, recently shared his vision for potential use cases, envisioning a future where Cardano plays a pivotal role in areas such as supply chain management, digital identity, and decentralized finance (DeFi).
In recent developments, Cardano welcomed the launch of Empowa, a new platform built on its network, which aims to address the housing crisis in Africa. Empowa operates as a DeFi platform, providing affordable housing loans to low-income families within the country. The platform operates entirely on Cardano's infrastructure, demonstrating the platform's capability to support innovative solutions.
Furthermore, Cardano has introduced Hydra, a scalability solution designed to enhance its mainnet's transaction throughput. Hydra serves as a layer 2 scaling mechanism that enables a significant increase in transactions per second while maintaining the security and decentralization aspects of the Cardano network. This becomes particularly significant as Ethereum experiences surging gas fees, prompting users to explore alternative options.
Looking ahead, Cardano's founder, Charles Hoskinson, who is also a co-founder of Ethereum, consistently emphasizes the importance of true decentralization as a global imperative. Cardano continues to prioritize scalability, security, and interoperability, attracting developers and entrepreneurs interested in building decentralized applications with practical use cases. With the recent launch of Empowa and the upcoming implementation of Alonzo, Cardano showcases its potential to emerge as a significant player in the realms of DeFi and smart contracts. The introduction of Hydra further strengthens its position as a secure and scalable blockchain platform.
The underlying technology of Cardano and its recent launch have the potential to disrupt traditional financial service providers and institutions in several ways:
Decentralization and Trust: Cardano's blockchain technology operates on a decentralized network, meaning that it does not rely on a central authority or intermediary for transactions and record-keeping. This decentralized nature eliminates the need for traditional financial institutions as middlemen, reducing transaction costs and increasing trust in the system. By leveraging blockchain's transparent and immutable nature, Cardano offers a trustless environment where participants can interact directly without the need for intermediaries.
Scalability and Efficiency: The scalability solutions implemented in Cardano, such as the Hydra protocol, enable the network to process a high volume of transactions per second. This scalability advantage allows Cardano to handle a large number of users and transactions simultaneously, providing efficiency and faster settlement times compared to traditional financial systems that may suffer from bottlenecks and delays.
Lower Costs: Traditional financial institutions often impose high fees for various services, including remittances, loans, and cross-border transactions. Cardano's decentralized infrastructure and smart contract capabilities can significantly reduce costs associated with these services. For example, decentralized finance (DeFi) platforms built on Cardano can provide lending, borrowing, and other financial services at a fraction of the cost compared to traditional intermediaries.
Inclusion and Accessibility: One of the key advantages of Cardano is its potential to provide financial services to underserved populations. By leveraging its interoperability features, Cardano can facilitate cross-border transactions and enable access to financial services for individuals who are unbanked or underbanked. This inclusivity can help bridge the gap between different economic strata, empowering individuals and communities that have been historically marginalized by traditional financial institutions.
Innovation and Smart Contracts: Cardano's platform enables the development and execution of smart contracts, which are self-executing contracts with predefined conditions that automatically execute when the conditions are met. Smart contracts offer a programmable and auditable framework for various financial applications, including decentralized exchanges, lending platforms, and insurance services. The ability to create innovative financial products and services on Cardano opens up new opportunities for entrepreneurs and developers to disrupt the traditional financial landscape.
While the adoption of Cardano and its technology in the mainstream financial industry is still in its early stages, the platform's focus on scalability, security, and interoperability positions it as a potential competitor to traditional financial service providers and institutions. As Cardano continues to evolve and attract more users and developers, its impact on traditional finance could become more significant in the future.
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CryptoCheck
KUCOIN:ADAUSDT COINBASE:ADAUSDT BINANCE:ADAUSDT CRYPTOCAP:ADA COINBASE:ADAUSD KRAKEN:ADAUSD BITFINEX:ADAUSD
Is Bitcoin heading for a correction?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Is it time to remove liquidity from below?
Previously, I shared a similar chart on the channel and expected that the test of the trend line would occur for a rebound upward, but it seems that MM decided to first remove liquidity from above $38,550 and then go to test the local trend line.
I decided to open a small short for 10% of the deposit, I think that locally Bitcoin may undergo a correction before the end of the month. To be safe, you can set the limit to the last high and move the stop 300-500 points.
Deal plan:
▪️Entrance - $38,150/38,550
▪️Stop - $39250
▪️Take - I will update.
P.S: If the price quickly moves to the trend line of $36,800, then you can fix most of it and move the stop to used.
ADA/USDT - Long Wait Has Come To End (We Reached Resistance) The price has reached the anticipated resistance zone, currently demonstrating strong holding power from sellers. Furthermore, the RSI exiting the overbought zone indicates the beginning of a potential bearish trend. This combination of factors—the resistance hold and the RSI shift—suggests that traders may start to see a downward trend in price. Now waiting to see if we will reach that target support around $0.2550
Swallow Team
ICON| Local deal in Long!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
There is a local downward trend that is about to change into an upward trend, I think that after a small correction we will go for a breakout of the countertrend line, ETH still looks long...
Deal plan:
Entry - $0.2585
Stop - $0.2419
Take - $0.28
Guys, be careful, the coin can show high volatility at the moment, follow risk management.
🌐 Cardano's Liftoff: ADA's Rally & Vision for Tomorrow! 🧬Hold onto your hats, ADA holders, because Cardano's not just charting, it's heart-starting with a rally that's ready to rumble! 📈💥 Up 17% and eyeing the next peak, ADA's showing the crypto world it's more than just hype.
But wait, there's more to this story than just numbers. Cardano's playing the long game, weaving blockchain and AI to potentially extend the sands of our hourglass. Yes, we're talking about pushing the boundaries of human life. 🧬🔬 A rally in health, if you will.
As if that's not enough, Charles Hoskinson is out there waving the Cardano flag, talking big on global crypto regulation. 🌐🎙️ It's not just about growth; it's about sustainable and smart expansion, making sure ADA's trajectory is as stable as it is spectacular.
And let's not forget, the price trajectory for the week is something to keep an eye on. Will it be a smooth sail or are there storms on the horizon? Either way, we're in for a ride. 🎢👀
Emojis: 🚀🧬📈💥🔬🌐🎙️🎢👀
One Love,
The FXPROFESSOR 💙
Links:
How blockchain, AI can help research into extending human life: cointelegraph.com
Cardano (ADA) up 17%, Here's Why It Is Ready for Next Rally
u.today
Cardano’s Charles Hoskinson talks global crypto regulation:
ambcrypto.com
Renowned Analysts Explain Why Cardano (ADA) Price Could Reach $0.42 This Week:
beincrypto.com
I Cannot Short This !!! situation+next targets.ADA has formed double Bottom and the price can grow well from here.
⭐ and the bullish signals of market momentum are:
- divergence in MACD
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
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