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ADAUSD Rejected Three Attempts to Break Key Support#ADAUSD bulls holding strong at the $0.38 demand zone after three consecutive attempts to break below. But that's not all, a recent breakout above the downtrend trendline has added fuel to the bullish pattern. This is a clear indication of complete bullish domination, and we're excited to see where it goes from here. But we're not jumping in just yet. We need to see a daily close above the current resistance before making our move. And when that happens, we'll be on the lookout for a buy trade setup, targeting a potential 10-15% profit. Stay tuned for updates on #ADA and other exciting coins as we continue to monitor the market for potential trading opportunities. This is a time to be bullish, and we're ready to ride the wave!
Long
by MyCryptoParadise
2
CARDANO - Catch This BIG Impulse!Cardano is setting up for a big impulse. We've recently seen the completion of wave 2 correction and broken out of that correction. We are now in bullish waters and seeing a nice deep retracement which is great news for us as we've got the bottom in place. This means the lower it goes, the better. Trade idea: - Safe entry on break of red trendline - Stops below the bottom - Targets: 1, 3, actively manage rest Goodluck and as always, trade safe!
BINANCE:ADAUSD
by WicktatorFX
10
ETH - rebound from the countertrend lineHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ I will update the previous idea for ETH, then the entry point was + - the same and the price came exactly to the take profit of $1928. At the moment, the asset has returned to the range from where I gave a long signal last time, let's try! Technically, you can try to get a long position with a small % of the deposit (5-10%) Today I already mentioned this chart on the channel, and as you can see, the support from the trend line works perfectly, but you shouldn’t rush and enter with one limit order or the market, it’s better to take a position with an additional one for another counter-trade confirmation. Deal plan: Entrance - 1835/1805/1777$ Stop - $1724 Take Profit - 2020$ P.S: I did not enter the deal myself, because the margin position for BTC is 25% TBX: $25,850
Long
by DanilBlinkov
Cardano is looking for a SHORTHi guys, let's look at 1D price chart for Cardano. If we look at 1D ADA chart we can see that the price being in big flat for the past 6 months. There is strong resistance area at 0.4185 and strong support area at 0.3018. Between these two areas price is fluctuating for the past 6 months. As I see it Cardano price is tending for short up to the support area at 0.3018. Yesterday price touched another support level at 0.351 and from here correction is possible. But overall I think that price will go down to 0.3018 support area and even lower. If this post is useful to you, you can support me with like/boost and advice in comments.
Short
by Real_CryptoRoy
ADA 1D inverse H&SIn 1D chart, ADA has an inverse H&S pattern. - ADA broke through the neckline of 0.4218 and then fell back to the support trend line, and the EMA was entangled, which means that ADA is in a state of consolidation. Before ADA falls below 0.2973, there is still a chance to reach the upper target: 0.4916 0.5131 0.5347 0.6045 - Look at the 4 hr chart: There are two bottoms near the support trend line, and if the price closes above 0.3801, the double bottom pattern is established. Follow the goals above: 0.3924 0.3962 0.3999 0.4122 -
Long
by noah_chen
FUD - overflow with a big move?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Everyone has probably heard the news that the SEC has filed a lawsuit against the Binance crypto exchange A few days ago CZ tweeted for support when he throws "4" again and what do we see now? That's right, CZ throws "4" on Twitter when the SEC sues his company It's me that again they created a situation for panic and pretend that everything is in order and there is nothing to be afraid of Let's remember the situation on March 10 this year (just look at the chart), decoupling USDC from $, the collapse of the banking sector and a real panic sell in the market, in general, threw the strongest FUD before rising by +10,000 points. Now a similar situation is happening, they are scaring the crowd before a possible reversal. As for my position: As I said in the last post, if they drop below $26,000, then I will average my long, I got $25,650 for 5% of the deposit (25% in the position). Stop temporarily removed, I want to wait out the FUD. Technical: the $25,200 level has not been touched yet, maybe we will get there soon, if you are going to take a position from there, be prepared for (squeeze) the price may drop a little lower by a few hundred points.
BITSTAMP:BTCUSDLong
by DanilBlinkov
Bullish Divergence: ADAUSDT Journey Within the Symmetrical Wedge💎 Ladies and Gentlemen of ParadiseClub, exciting developments are underway for #ADAUSDT within the symmetrical wedge pattern! 💎 Our beloved #Cardano recently experienced an impressive bounce off the 327.2% and 61.8% Fibonacci support levels near the wedge's lower boundary. This precise rebound, accompanied by a bullish MACD divergence, emphasizes the significance of the current support. 💎 A break below this crucial level would have a significant impact on future price action. Conversely, if the support holds, we anticipate a potential move towards the upper boundary of the wedge. 💎 However, let's exercise caution as #Cardano is currently consolidating within this range. We eagerly await the breakout direction to guide our strategic moves. Stay tuned for more updates, Paradisers!
Long
by MyCryptoParadise
Analyzing the Shift in Sentiment for #ADAUSDT💎 In our previous analysis of #ADAUSDT, we highlighted the short-term upside potential as the price traded near the bottom of the range. Since then, we've witnessed the formation of a double bottom in the bearish zone, followed by a breakthrough to our projected resistance level. 💎 The sentiment has now clearly shifted towards a bullish outlook for #ADA. The price has not only broken above the previous higher high but also rejected our key support level at $0.36. Currently, the resistance level could potentially transform into support, as indicated by the potential rejection of the trendline. 💎 This is a critical moment for #ADA. If the trendline holds, it could mark the beginning of a significant upward swing. However, a break below the trendline may push the price back towards the key support, leading to further consolidation. 💎 It is essential for our ParadiseClub members to monitor this development closely. Should #ADA reenter the bearish zone, the probability of further downside movement will significantly increase. Stay informed and trade wisely, Paradisers! 🌴
Long
by MyCryptoParadise
Bitcoin - next week will be decisive!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ The standing of the price under the local resistance continues, and this, of course, makes me stop believing in further growth, but I continue to hold the Long position and adhere to the original plan. Technical: nothing much has changed, the buyer again needs to return the price to the $27,500 zone to go above the local High $28,450 and I think this will be a quick takeaway, because we have already removed liquidity from below by going to $26,500, it's time to collect liquidity from above, so be prepared for next week's rally, and don't forget your risk management!
Long
by DanilBlinkov
Trading Opportunities and Positive MomentumDuring the previous week, Cardano's price movements aligned precisely with the analysis. By surpassing the upper boundary of its descending channel within the 4-hour time frame, the price surged towards the resistance level of $0.3863. However, encountering this resistance prompted a corrective phase, leading the price to retrace back to the upper boundary of the breached channel. Notably, the Cardano chart exhibited responsiveness from both ends, allowing for short-term trading opportunities amid upward and downward fluctuations. Significantly, a notable bullish candle emerged yesterday, demonstrating a 3.80% price increase and forming an Engulfing candlestick pattern on a support level. This development bodes well for Cardano's outlook. Nevertheless, a more substantial price growth is expected upon a complete breach of the aforementioned resistance. The potential for such a breakthrough remains intact as long as the lower boundary of the channel, situated around the $0.3485 range, remains intact.
by MonoCoinSignal
2
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Cardano (ADA) was one of Friday’s notable gainers, as the token snapped a key resistance level. ADA/USD rose by as much as 3% in today’s session, hitting an intraday high of 0.3777 as a result. This rally resulted in the 10-day (red) moving average crossing over its 25-day (blue) counterpart. Typically such an upwards crossover signals the start of a bull run, and it comes as the relative strength index (RSI) also rose considerably. the index is tracking at 50.91, which is marginally below a resistance level of 52.00. In the event this ceiling is broken, there is a strong chance that ADA will move toward the 0.3800 mark. 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
by CryptoSanders9563
Cardano ADA and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night. Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election. The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market. Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets. ADA/USDT short Entry Range: $0.35 - 0.37 Take Profit 1: $0.40 Take Profit 2: $0.43 Take Profit 3: $0.46 Stop Loss: $0.32
Long
by BuySellMarketMaker
2
✏️ CARDANO (ADA) : First SHORT then LONGAs you can see, after stabilizing in the range of 36 cents, the price of Cardano was accompanied by price growth and was able to increase the price up to 38 cents! Now, the range of 38 to 40 cents is an important supply zone , And in order to reach higher targets, breaking and stabilizing above this level is of great importance! 2 possible scenarios have been specified on the chart, and it is recommended that you monitor the mentioned zones ! Don't Forghet To Push The Boost (Like) Button and Follow me for More TA ! Best Regards , Arman Shaban
by ArmanShabanTrading
15
Cardano- i read many peoples complain about ADA on Twitter. - Like the project is bad and going to nowhere. - As Trader my job is only to do the Math and check pourcentages. - i care about what peoples speak but i verify and deduct. ----------------------------------------------------------------------------------------------------- So let me do Little Math for Cardano : ----------------------------------------------------------------------------------------------------- - in 2018 if u bought ADA at Bottom ( 0.017$) you could have made +6500% -- So if u invested 10k$ you could have returned $660,000 ----------------------------------------------------------------------------------------------------- - in 2020 ADA returned the same bottom level ( 0.017$) then made +16160% -- So if u invested 10k$ you could have returned $1,626,000 ----------------------------------------------------------------------------------------------------- - So Now i don't think we gonna see again 0.017$ in entire Cardano Life. - So haters gonna hate but Cardano made the Job. - Just have to buy at the good time and be patient. - if you bought the TOP, it's not Cardano fault, but your own fault! - Next Target could be around 7.5$ (+3000%) Happy Tr4Ding !
KRAKEN:ADAUSDLong
by thecryer
25
CARDANO: WHEN MOON?As far as crypto goes, Cardano is one of my favourite projects, not because it has had the most insane price action or is the most trendy or even has the best user experience... because it has none of those things... yet. I really appreciate the philosophy behind the project,specially in light of the FTX collapse and Terra Luna de-peg. They seem to understand that if you are building a completely novel and potentially revolutionary financial system that aims at displacing our current financial system, that an endeavour this profound and revolutionary, should not only be done with patience and caution but that if it is not done with patience and caution, the result could absolutely catastrophic for all this involved and society in general. The fact their getting their work peer reviewed and they are not rushing to market with their products and updates is revolutionary in itself for a crypto project. Their recent inroad to the health care industry and the novel approach of preventative medicine is another revolutionary act in our society today. It shouldn't be but it is when big pharma has completely taken over health care and treatment with pharmaceuticals that treat symptoms rather than cause. Why? Because there is far less profit in curing someone than there is in treating them. Society is in desperate need of overhaul in several different industries and Cardano seems to be paving the way for practical ways of tackling these issues and due to the gravity of most of these issues, they need to be approached methodically. Finding solutions that are both economically sound and shed all the bureaucratic BS, wasteful spending, violated social contracts, etc. is going to take a lot of time and cooperation between people and companies. They are the only ones going about in the way that I would if I was the one who had the means of tackling the issues they are tackling. I think that people will slowly start to appreciate the ground that they have already gained and the milestones they are soon set to make. Their commitment to decentralisation is another reason why I am really bullish on its future. I think with the hostility we are seeing towards cryptos, this is going to increasingly become an important aspect to demand of digital assets.
KRAKEN:ADAUSDLong
by Goontata84
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Cardano (ADA), was also in the green to start the weekend, with prices moving further away from a recent support level. ADA/USD hit an intraday high of 0.3667 earlier in today’s session, which comes following a low of 0.3564 on Friday. The move has resulted in Cardano climbing to its strongest point since Wednesday, moving away from the aforementioned floor at 0.3550 in the process. ADA has begun to consolidate, with the price now retreating from its earlier highs, following a collision with a ceiling on the RSI. Price strength has failed to move past a point of resistance of 44.00 which has pushed the token to a current reading of 0.3638. 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
by CryptoSanders9563
ETH - breakdown of the local countertrendHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ ETH continues to consolidate in the same range, creating small impulses towards the local countertrend line. You can try to gain a position from the current values on the breakdown of the countertrend line by placing a grid of orders, 5% of the deposit. Deal plan: Entrance - 1820/1790/1770$ Stop - $1725 Take profit - $1900-1930 (0.5 level test) I think there will probably be a small rollback before the trend line is broken, so it’s better not to risk much and take a position with an addition lower, you can arrange the grid in your own way to stronger levels from where the price can get a rebound.
Long
by DanilBlinkov
ADA’s Uptrend is DangerSince December 22nd ADA is moving in an upward sloping channel. It has found support on the lower boundaries of the channel in March 9-12 and lately on May 8-15. Notice that ADA tends to leave wicks below the trendline. ATM it is not clear if ADA will hold the channel support or fail. To be honest, much depends on BTC which is at resistance. Therefore, I have two scenarios, along and a short. Long Scenario: If ADA manages to find support above the 4HR EMA and above 0.3755 USD which is the local resistance. Entry: 0.376 SL: Below channel support at approximately 0.362. TP1: 0.42 (previous resistance). TP2: 0.4579 (previous resistance). TP3: 0.4728 (0.786 fib target). Be aware that currently ADA is below the 50 EMA on the 4HR and the Daily. Short Scenario: Considering that ADA may lose channel support and that BTC is also below the 50EMA on the 4HR and the daily, this scenario is more likely IMO. Entry: after a break and retest of the channel support at approximately 0.365 SL: above channel support and the 4HR EMA at 0.372 TP: at around 0.3 USD. You will have to manage this short because much depends on the behavior of the market as a whole and BTC’s behavior in particular. ATM I don’t expect ADA to drop below 0.3 USD, but as you can see there are a lot of imbalances (green boxes) below 0.3 USD. So, a wick below 0.3 USD is possible, if not likely. Fun Fact: the previous cycle, bottom to bottom to ADA 70 days. If this cycle is similar the bottom is not far. NFA Would appreciate your feedback. Best wishes to all.
by NewThoughtCrypto
7
Bitcoin fails local resistance againHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Bitcoin bounced back from local resistance again and dropped below $27,000, which I said yesterday that in order to go higher, you need to keep local support above $27,200, but the buyer seems unable to do this yet, but the chances still remain. While we are trading in this protracted sideways movement and have not updated the last LoW of $25,800, there is still a chance to return to the $27,500 range and gain a foothold higher for a hike to $30,000, plus a minus rate suggests that locally they may soon begin to take out short positions, so be careful if you hold a short marginal position. I also noted a clear resistance on the chart (red line), I think that the next testing of the $27,500 mark will already be at a breakdown of the level, which can create a strong impulse to the next resistance through the channel at $28,500. Well, as long as there is pressure on the market, I think they can lower it to 26,100 (-+) I wrote about this on Monday and was waiting for a test of this level...
BITSTAMP:BTCUSDLong
by DanilBlinkov