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J-ADA

ADA: Ascending TriangleTrade setup : Trading in an Ascending Triangle pattern, with $0.65 acting as triangle resistance trendline. Now we wait for price to break above $0.65 to signal continuation of Uptrend with upside potential to $0.75 next. 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 $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, then $0.75.
Long
by altFINS
SOLANA usdt - Weekly🔵 #SOL usdt ⏰ 1W 📅 Dec / 25 / 2023 ⚪ As you can see, Solana after it managed to stabilize above $30, it entered an uptrend. If it stabilizes above $144, the price can reach the orange box. Support levels are shown in the chart, if reversals the trend. ---------------------------------- 📛 Follow the market trend and decide to buy or sell. ⚠️ (This isn't a signal for buy or sell) ⚠️ .......................................... 👸 Analyzed by : Parisa_Alipoor ..........................................
by parisa_alipoor
Reversal and Ascending PatternsCardano shows it's in an upward trend, identified by higher lows and highs, suggesting buyer strength. An ascending trendline, acting as support, indicates ongoing bullish momentum. Price corrections within a specific range have led to reversal patterns, highlighting buying opportunities. It's expected that ADA's price will test the identified resistance level, with a potential breakthrough signaling a continued uptrend. This analysis is for informational purposes only and should not be considered as financial advice.
by MonoCoinSignal
🚧ADAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi every one ➡️ADA has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ADA is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Pennant pole) to happen! 🟡Summery: -ADA has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pennant is Visible on The chart! -No break out yet! 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
5
ADACardano ADA Bullish Price Soars Over 75%: Unveiling the Driving Forces In the ever-evolving realm of cryptocurrency, Cardano (ADA) has recently become a focal point for both investors and enthusiasts. A closer examination of its weekly performance reveals intriguing insights, particularly at the 0.5697 level. Let's explore Cardano's journey as it maneuvers through these levels, eyeing the next milestone at 0.7770. Notably, the price has surged over 75% since the commencement of December, aligning with the current Cardano ADA price prediction. This remarkable surge can be attributed to a confluence of factors, including an overall bullish sentiment pervading the crypto market. Notably, Bitcoin and other major cryptocurrencies have witnessed recent price upticks, creating a favorable environment for ADA. Additionally, the successful implementation of the Vasil hard fork in September 2023 has played a pivotal role. This upgrade enhanced the Cardano blockchain, introducing several new features such as heightened scalability and expanded smart contract functionality, contributing to the positive Cardano ADA technical analysis. Another contributing factor to Cardano's impressive rally is the growing adoption of DeFi (Decentralized Finance) and NFT (Non-Fungible Token) projects within the Cardano ecosystem, shaping the future of Cardano ADA. Technical analysts share an optimistic outlook on Cardano's future. The cryptocurrency recently breached a key resistance level at $0.5697, in line with the current Cardano ADA technical analysis, and has now set its sights on $0.7770, fulfilling the anticipation of the Cardano ADA's next milestone. This aligns with the Cardano ADA price prediction. Successful navigation past this hurdle could potentially propel ADA towards $1.0305 or even higher, addressing the curiosity about why the Cardano ADA price is rising. However, it's crucial to acknowledge the inherent volatility of the cryptocurrency market, addressing concerns about the future of Cardano ADA. There is no absolute certainty that Cardano's price will continue its upward trajectory. Despite recent positive developments and prevailing sentiment, the market remains susceptible to unexpected events that could trigger price fluctuations. As with any investment, it is imperative to conduct thorough research before venturing into the cryptocurrency space. Given the nascent and unregulated nature of the market, there is an inherent risk of unforeseen events that could lead to abrupt price changes. Prudent investors should exercise caution, only investing funds they can afford to lose. In conclusion, the next Cardano ADA next milestone at 0.7770 is anticipated with optimism, supported by factors such as the successful Vasil hard fork, growing adoption of DeFi and NFT projects, and positive technical analysis. However, the future of Cardano ADA remains uncertain in the volatile cryptocurrency market, emphasizing the importance of careful consideration and research for potential investors. FAQ's 1. Is Cardano ADA a good investment for beginners? ADA can be a viable option for beginner investors in crypto, but it's crucial to understand the risks involved. Cryptocurrencies are generally high-risk assets, and their prices can fluctuate significantly. Start with a small investment you can afford to lose and research thoroughly before diving in. Consider your financial goals and risk tolerance before making any decisions. 2. Best DeFi projects on Cardano: Several DeFi projects thrive on Cardano, each with unique features and benefits. Popular options include Minswap (DEX), SundaeSwap (decentralized exchange), and Maladex (automated market maker). Research various projects, understand their functionalities, and compare their features before investing. 3. Top NFT projects on Cardano: The Cardano NFT space is growing rapidly, with exciting projects like Cardano Collectibles (digital collectibles), Clay Nation (3D avatars), and Pavia (virtual world). Explore different projects, understand their underlying utilities, and research their communities before investing in any NFTs. 4. How to buy Cardano ADA in USA: Several reputable cryptocurrency exchanges operate in the US where you can buy ADA, including Coinbase, Gemini, and Kraken. Compare available platforms based on fees, security features, and user interface before choosing one. 5. Best wallet for Cardano ADA in USA: Securely storing your ADA is crucial. Popular options include Yoroi Wallet (custodial), Daedalus Wallet (non-custodial), and Ledger hardware wallet (offline storage). Consider your security needs and preferred level of control when choosing a wallet. 6. Cardano ADA price after Vasil hard fork: The Vasil hard fork in September 2023 enhanced Cardano's scalability and smart contract functionality, contributing to positive sentiment and potentially influencing the price. However, the price movement also depends on broader market forces. 7. Is Cardano ADA more scalable than Ethereum? Both Cardano and Ethereum aim to address scalability issues, but they take different approaches. Cardano claims faster transaction processing times and lower fees compared to Ethereum's current state. However, Ethereum is also undergoing scalability upgrades, so the comparison might evolve over time. 8. Cardano ADA gift ideas: If you're looking for crypto-related gift ideas, consider hardware wallets like Ledger or Trezor, Cardano-themed merchandise, or educational resources like books or online courses on blockchain technology. 9. Cardano ADA crypto tax tips: Cryptocurrency taxation regulations are complex and can vary depending on your location and individual circumstances. It's highly recommended to consult with a qualified tax professional specializing in crypto assets to ensure you follow the appropriate regulations and report your earnings accurately.
Long
by TheCryptoCity
CARDANO - New All Time High Incoming... But Why?I'm currently analyzing the top 50 cryptocurrencies, utilizing AriasWave to comprehend the dynamics influencing their movements and investigating the reasons behind certain cryptos continuing to ascend. In the upcoming video, I delve into my perspective on this phenomenon, outlining the reasons I believe it's occurring and offering insights into future expectations. Stay tuned as I share a series of these ideas in the weeks ahead, concluding 2023 and gearing up for what awaits us in the future. Entry: At Market. Target: $3 Percentage Gain: 400%
BINANCE:ADAUSDLong
by AriasWave
ADA Head & Shoulders on 6H?This is my first post on TV and I am pretty new to TA, so positive constructive criticisms are welcome. Started looking at this H&S pattern forming on the 6H and it puts a target price of around .44-.45 cents if it plays out. That price level is also confluent with the 200 day MA, which would be a major zone of support. If I were looking to put in a long trade or accumulate, I would shoot for the .45 cent range (about 18% dip from current price of .58). If I were looking to short, I would wait for bearish confirmation by breaking the .55 level and putting in the short trade at that time. This can be invalidated with a move above the .60 cent range in convincing fashion. NOT FINANCIAL ADVICE | I AM A NOVICE TRADER!
COINBASE:ADAUSDShort
by coinkoios
ADA: Pullback in UptrendTrade setup : Following a bullish breakout from Ascending Triangle pattern, price resumed its uptrend. However, price got very overbought (RSI > 75) just as it reached $0.65 resistance and pulled back on some profit taking. Now we wait for price to either 1) break above $0.65 to signal continuation of Uptrend with upside potential to $0.75 next, or 2) pull back near $0.46 support for a swing entry in Uptrend with upside potential back to $0.65 or even $0.75. 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 $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, then $0.75.
Long
by altFINS
Will there be a correction, or is the growth 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.✅ I decided to take a small short position on BTC by 20% of the deposit. Technical: The price received a good rebound from the countertrend line, and there are thoughts that we may see a transition from this rebound. Therefore, I will act with a grid of orders with a higher order. Deal plan: ▪️Entrance - $44,230/44,555/44,950 ▪️Stop - $46,520 ▪️Take - I will update. I enter with the first order for 10% of the deposit, leaving 10% for additional additions. A slight correction has already begun on the ETH chart - perhaps this will be the direction vector for BTC. P.S: I could be wrong)
Short
by DanilBlinkov
ADA: Pullback in UptrendTrade setup : Following a bullish breakout from Ascending Triangle pattern, price resumed its uptrend. However, price got very overbought (RSI > 75) just as it reached $0.65 resistance and pulled back on some profit taking. Now we wait for price to either 1) break above $0.65 to signal continuation of Uptrend with upside potential to $0.75 next, or 2) pull back near $0.46 support for a swing entry in Uptrend with upside potential back to $0.65 or even $0.75. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, then $0.75.
Long
by altFINS
Cardano What's your plan ?- i just made this charts to compare 2 simple ways. - i always try to keep my maths simple as possible. - How much money you can make when you short. - How much money you can make when you long. - Ada lost -93% from ATH - So if u shorted Cardano, you could have double your invest (X2). ( have to also add and calculate fees while shorting depending on exchanges..) ( around 0.04% every 4 hours for normal users ). - From last Bottom in 2020, Ada made 16000% up to his new ATH in 2021. - So if you bought ADA and keep, you would have made 160X on your investment. - So tell me, what is the most simple and easy choice ? - Short or Long ? - Stay S4fe Happy Tr4Ding !
KRAKEN:ADAUSDLong
by thecryer
4
ADA/USDT Eyeing Bullish Momentum? 👀 🚀Cardano Today Analysis💎 Paradisers, let's examine ADAUSDT as it showcases a compelling market development. Recently breaking above a strong supply zone, it is now poised to retest this level, indicating a high probability of initiating a bullish movement. 💎 Reflecting on #Cardano market journey, it has consistently navigated a descending channel pattern, breaking upwards to signal bullish movements. Presently, it is engaging in a critical retest of the robust supply zone at $0.5676. With the price maintaining momentum above this level, which is now acting as a demand zone, there’s an increased likelihood of #ADA overcoming higher supply thresholds. 💎#ADA traders must stay prepared for various market dynamics. If ADA faces challenges in upholding its bullish momentum and slips below the current demand level of $0.5676, we might witness a shift in market trend. Traders should then consider pivoting their focus towards a bullish recovery from a lower support level at $0.4658. 💎 Crucially, if #ADA dips below this support, it would signal the need for a strategic market reassessment. Such a scenario would indicate potential obstacles in maintaining the bullish trend, necessitating a thoughtful reevaluation and adjustment of trading strategies. 🌴💰
Long
by MyCryptoParadise_Simon
ADA: Pullback in UptrendCardano (ADA) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle pattern, price resumed its uptrend and broke above $0.46 key level as well. However, price is got very overbought (RSI > 80!) just as it reached that $0.60 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. If it pulls back near $0.46 support, that could be an attractive swing trade entry area. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 – $0.42. The nearest Resistance Zone is $0.65.
Long
by altFINS
ADA/USDT upward moment preparing for potential shift? 👀 🚀 ADA 💎 Paradisers, observe closely as ADAUSDT is showing promising signs. It's currently on the verge of breaking a key supply level, suggesting a high likelihood of an upward movement following a successful breakout. 💎 In the past, Cardano has demonstrated a pattern of adhering to a descending trendline, breaking above it to initiate an upward trajectory. Presently, it's making strides to break through a supply level. Once this level is surpassed, there's a considerable chance for a bullish movement. With sustained upward momentum, ADA is aiming to target supply levels at $.4499, and may even ascend to challenge higher supply levels at $.5187, eventually aiming to reach the $.6009 supply level. 💎 For the shrewd Paradisers, timing is of the essence in seizing this opportunity. It's vital to identify the most advantageous entry points during this anticipated rise, and to be cautious of entering at peak prices. Additionally, be prepared for the eventuality of a bullish resurgence from the demand level of $.3342. Nonetheless, a decline below this demand level could indicate potential challenges to the continuation of the bullish trend. 💎 In such a dynamic and evolving market environment, strategic planning and astute decision-making are crucial. Developing a well-rounded trading strategy, which includes prudent money management and a thorough understanding of support and resistance levels, is key to achieving successful trading results. 🌴💰
Long
by MyCryptoParadise_Simon
ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ADA/USDT update from Crypto Sanders. Chart Analysis:- ADA bulls woke up this week with an impressive 28% price increase. This spectacular performance obliterated the resistance at 46 cents, and now buyers are looking at much higher levels. The most important resistance on the chart right now is found at 60 cents. Sellers may attempt to stop this rally around 50 cents, but that is unlikely to last, considering market sentiment. ADA manages to maintain this momentum, and then going to 60 cents becomes likely. 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.
Long
by CryptoSanders9563