ADAUSD On the verge of a rallyCardano / ADAUSD is trading over the 1day MA50 in the past 5 days.
The pattern on the 1day time frame is a Triangle, with Support A (0.23500) holding on three different occasions and the next obstacle to overcome being the Falling Resistance (top) of the Triangle.
Right now as long as the MA50 holds, you can target 0.28855 (Fibonacci 0.236).
If the Falling Resistance breaks, you can re-buy and target 0.37500 (Fibonacci 0.618 and previous Lower High).
The 1day RSI has its own Falling Resistance to consider.
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J-ADA
Bitcoin has risen, what's next for us to fall?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Well, friends, Bitcoin rose to 28,000, it fell a little short of 28,500, but maybe it’s not over yet?
I fixed the position at 28,000 and took my profit from the market. All my expectations worked out exactly on target, first a correction to 25,000, then an increase above 28,000. Happy profit to everyone, friends who were in the position!
At the moment, there are no marginal trades yet, I just want to watch the market for a while, but at the first confirmation in one of the sides I will be ready for battle)
If you look at the chart globally, I expect to see a correction to 25,000 and below, but for now we need confirmation and there is not enough of it...
CZ writes that the guys were lucky who were able to endure a week ago and go into profit, I know one thing is that he won’t write such things just like that, maybe he’s preparing to DUMP? Everything can be friends, I protected myself in advance, I just left the position and now am in the role of an observer, good luck to everyone!
ETH drawing a BULLish triangle?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
An interesting pattern emerges on the daily ETH chart - a symmetrical triangle.
Technical: the price has tested the triangle and at the moment we see a small rebound, which may lead to a slight correction, approximately $1660-1620. If you take a position for a breakout, it is best to do this with a good lower, since a correction here will also be logical.
So far I only have BTC with TVX $25,450 as my margin positions; I am not yet considering altcoins for Long/Short, but in the future there are a couple of options that I may share. Happy bidding everyone!
I Cannot Short This !!!🤑The ADAUSDT is in a Bullish phase by a Falling Wedge Pattern.
-A falling wedge indicates the potential for price to reach to 0.30 .
⭐ Note if the Wedge Pattern is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
CZ BINANCE sending Bitcoin to the bottom again?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
At the moment, the price of Bitcoin has clearly hit the support level. Perhaps this level will be the key for a rebound to $28,500, or it is possible that CZ just won’t let go and the pressure will continue lower.
Technical: on the 3D chart, MM draws a double bottom, the “DD” pattern can work from the zone of $25,650-25,300 (squeeze). If my stop is blown to used (25,450), then in the “DD” working zone I will consider re-recruiting the long position.
For now there is hope for the current support level of $26,000, but when CZ writes “buy low, sell high” it is a little alarming and feels like some kind of trick. Just move your stops at no loss if possible and everything will be good)
I continue to hold a Long position from $25,450
ADA Also Looking BullishMomentum on the daily appears to be rolling to upside on many crypto assets and ADA is looking to be the same.
Price has filled in a large portion of a previous wick down in a long tedious down trend that appears to be forming a double bottom with bullish divergence on the daily momentum oscillator.
Current trading plan is a long entry with a wide stop loss of 4-5%.
First target will be 1/3 retrace of the last swing 14% higher at .278
Second target will be a 50% retrace of the last swing 25% higher at .3
A longer hold would be to the point of control on the volume profile 55% higher at .38
Crypto - Key Breakout LevelSorry about the mic fuzz at the beginning.
Leave your questions & thoughts in the comments.
To sum up:
Bulls to regain control until the start-mid November at 30k levels
Bears to very quickly take over at those levels
This aligns with analysts' timing predictions of a heavy recession start.
Considering DXY likely not being stationary, 30k is a rough estimation
This aligns with analysts' timing predictions of a heavy recession start in end of 2023 or early 2024.
ADA, does it have the juice to run away?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
The bullish variant here looks very nice, if ADA has the fuel to pump a bit.
Market maker riddles, DUMP BTC awaits us again?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Sitting at the chart on the daily timeframe, I saw that we are now developing a structure, plus or minus, similar to that seen above. If you look closely at the graph, you can see the most similar moments at that time as now.
For example: a descending structure, pullbacks from a countertrend, similar consolidation after up-down impulses, or in general these similar takeaways in both directions (indicated by a red rectangle).
In general, there are thoughts that there will be another fall, BUT first we will see a slight rebound towards $28,500. I honestly don’t know whether this rebound will be another bull trap, but I’ll be glad to be wrong if the cue ball is taken above $30K.
p.s: guys, these are just my thoughts that I am sharing, the price may go in a completely different scenario, so be careful.
ADA/USDT what next …? 👀 🚀 Cardano Today Analysis Paradisers, gear up for an exhilarating opportunity with #ADAUSDT which is currently holding a crucial support level and setting the stage for a bullish run👀
💎 Despite recent market volatility causing a significant drop in CRYPTOCAP:ADA price, breaking even its daily key support level, the asset has regained bullish momentum. Market indicators are also turning positive.
💎 Take note of the previous daily resistance level at 0.2517, which now serves as a resistance for #Cardano.
💎Should the price face rejection at this level, we anticipate a bullish scenario initiating from 0.2410. Alternatively, the price may revisit the weekly support level.
Keep your charts updated and Stay one step ahead of the market 🌟 🌴
ADA/USDT 1DAT UPDATE BY CRYPTOSANDERS !!hello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano is also found in a flat trend above the key support at 25 cents. For this reason, its price registered a minor loss of 1.3% this week. Sellers were unable to break this support even though they tried several times.
While ADA bulls have shown strength so far, bears could continue to put pressure on the key support. If more tests happen, buyers could become exhausted, which can create an opportunity for a breakdown.
the price action appears fragile to any renewed volatility across the market, particularly if the market leaders such as BTC and ETH decide to drop lower. In such a case, ADA could go to 24 cents again.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
⚠️Bitcoin is testing an important level!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Well friends, bitcoin has finally revived and we are seeing a slight volatility, but the main thing is that in our direction - LONG
Technical: BTC has hit local resistance at $26.426 0.382 Fibonacci. As for me, this is now an important local level from which the reaction of both bears and bulls can follow, if the bulls break through this resistance, then I will expect an impulse to the previous high 27,500-28,100 and higher.
But if a refusal follows, then the guys are every man for himself:) I left the limit for $ 24,999 just in case)
My position: I try again Long with TBX $25,900
Happy trading everyone, don't forget about your risk management!
ADA is coin on the long list with the level 0.2571Hello everyone!!!
AIHermes today identified ADA coin on the long list with the level 0.2571
The stop is short.
We see a long accumulation and a gorgeous squeeze!
1st target 0.2609
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10 coins on the short list.
The lead is in the short zone.
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ADAUSD Analysis 3Sep2023This analysis sees from the market structure that occurs. After Choch the price returns to bearish and there is a fake out. At present the price has not returned bullish, still in the correction stage. There is a possibility that the price touches the fake out area before continuing bullish. Take long when the price approaches the fake out area.
Short-Term ProspectsAfter breaking out of the triangle pattern, Cardano rallied to the $0.28 range with the support of its buyers and temporarily broke the $0.27 resistance. However, the lack of stabilization of the high price within this area resulted in diminished demand, halting the continuation of the upward movement. This retracement led the price to revert back to the range channel, and it now approaches the bottom of this channel.
Taking into consideration the current Relative Strength Index (RSI) level, which stands at 37, we observe a moderate but not extreme level of downward momentum. This RSI reading adds a layer of context to the price movement.
Looking ahead in the short term, there is potential for price growth to reach the resistance range of $0.27 before retracing towards the support range at the channel's bottom, around $0.24. The subsequent phase of movement depends on the favorability of general market conditions. If these conditions remain conducive, we can anticipate an eventual exit from the range channel, potentially marking a period of short-term growth for Cardano.
Once the range channel is exited, the short-term price targets encompass $0.30, $0.32, and $0.35, assuming continued positive market conditions.
Cardano(ADA) Long Term Analysis Hello my friends, How are you doing?
It's a new day and I want to talk about Cardano to you.
Actually, I really like this asset. But at this price, it's so dangerous to buy.
I want to show you where is the best place to buy and Hold and what's the Final target.
As you understand it's a big scale about Cardano.
So don't forget to Like 👍, share with your friends 🤝, and then Follow ✌️ me to be able to see my next analysis.
Did you do that? So, let's go.
Here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Ladies and gentlemen, let me introduce Cardano and the best zone to buy 😍😍
I want to analyze Cardano in Weekly Time Frame.
Before that, I want to remember It's not financial advice. so, just see and think about it.
I'm just sharing my view and opinion of the chart. Please do your own research.
Everything changed when we lost 0.33 USD in Cardano 🤷🏻♂️🤷🏻♂️🤷🏻♂️
As seen on the chart The price is so close to the first Support zone in 15-17 Cent and I expect the price to react to this support. But it's not the End of the movement. I expect the price to go up and then drop again. because the main correction has not ended.
The Second zone is between 8-9 Cent and it's the best zone to buy and hold Cardan for a long time 🧞♂️
Everybody who buys in this zone will be rich. Because from 0.09 To 10 USD.
It would happen around April 2024.
There is too much distance and I want to tell you and huge profit is coming. I mean it's more than 10000%. Such a wow.
As I told you my final target for Cardano is 10 USD 😍😍
So, don’t miss this chance.
We will enter into the depression zone soon.
Please be patient and put your order carefully.
We will never see this price anymore.
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth 💶
I hope you will fulfill your ambitions.
Sincerely Yours
Ho3ein.mnD ❤️
Cardano (ADA) - Breaking support towards a major zone?Cardano is at the bottom of its range, on important support. In the same way as other current assets, such as the Binance Coin, losing this zone could send ADA back into a lower zone down to $0.14-$0.17. This would appear to be a very attractive area for accumulation.
ADA - Excellent Zone to Accumulate NOWHi Traders, Investors and Speculators of Charts📈📉
A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders.
However, this doesn't rule out the possibility of another shakeout or bear trap, where the price drops as low as 20c before starting a new bullish phase.
A look at the technical indictor confirms this for the short term, where we see a very bearish scenario on the daily in terms of Technical Indicator.
Worried about the recent drop in price across crypto markets🤔? Check out this idea :
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CRYPTOCAP:ADA BINANCE:ADAUSDT BYBIT:ADAUSDT.P OKX:ADAUSDT.P COINBASE:ADAUSD BINANCE:ADAUSD