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ADA - Daily Chart ✅ADA pumped up and formed a breakout. We consider this as a full breakout. If Bitcoin crashes the market, then this chart won't be valid. There are two resistance areas on the way up and two support areas holding the price up in case of a drop. The market is showing strong Buy Volumes for ADA right now, so don't open short positions without more confirmation. Use this chart as your trade setup for now; I'll keep it updated. Current Market Price: $2.2762 Let me know your ideas. Good luck.
by ShawnMCR
3
ADA - Daily Chart ✅ADA must stop pushing that hard and suddenly against the higher Bollinger Band. That type of rejection always causes noise and pushes the price back down, which is not good to have a breakout. We need more consolidations. Right now, it's been stuck inside a sideways channel going back and forth. There are two resistance areas on the way up rejecting the price and two support levels holding the price up in case of possible crashes or corrections. As usual, ADA is showing Sell Volumes in the market. Don't open long positions for now. Use this chart as your trade setup for now; I'll keep it updated. Current Market Price: $1.974 Let me know your ideas. Good luck.
by ShawnMCR
3
Ada Usdt#ADA ( Cardano ) has formed a Pretty big Falling wedge Pattern. This Pattern is Gonna Increase the Price to It's Top once again, only If The Price manages to Break this pattern Upwardly! If price break red line we can see upward movement . buy and hold. I m using 1D chart it will take time. ADA is cheap but will grow slowly, my target 3$ but you have to hold. short term target: 2.2$, 2.4$, 2.6$ 3$ and above hold.. always book your seed amount and keep remaining profit for maximum gain. #crypto school
by khanchemist619
1
ADA reaches Parabolic zoneADA has pulled back to a zone marked for Parabolic continuation. The zone is just below the 50% of the former run to its current ATH. Crypto has definitely rallied on weekends in the past. Could be looking at a potential continuation into Parabolic action. Flash crash on Binance US has set the stage for potential Parabolic action as a bunch of liquidations and orders must have been filled at key retest areas. Buys taken below $2 ADA. Limit Buy placed at major PB zone @$1.50 ADA
BINANCE:ADAUSDLong
by joelittlenc
1
ADA breakoutADA Update Ada has broken out of the symmetrical triangle to the upside creating a new high and creating a break of supply with higher volume showing buyer intension. Daily look good with nice marubozu candles with little sell side pressure, would like to see a retest of the outer triangle to confirm upwards intention and continuation. I posted this long setup back on October 13th with a sniper entry on the lower structure of the triangle based on my TA and the formation of higher highs and within a demand zone for a bullish continuation. Currently running in 2R profit, you could look to take profits here to become risk free and leave the rest running.
FTX:ADAPERPLong
by marshyyy
ADA movingADA moving, SRSI is already high and there is possible some consolidation or pull back before breakout attempt, RSI has more space for going up. MACD got a golden cross. Got bullish divergence on RSI but on 1hr chart often does not play out. Already got one failed attempt so the safest is to wait for a breakout retest for a possible long entry. Stupid to say but need BTC to stop dumping for this long to play out. If it continues, ADA could lose support at 1.89 and we can take SHORT position. Good luck traders
by PhilosophersStone
ADA/ETH 2Day Time FrameAda/eth has been underperforming against ethereum. It is better to hold ethereum since Aug 30th 2021. I am trying to figure out where all this money is coming from and flooding into ada when they don't have smart contracts released yet. I don't see cardano as a contender against ethereum nor solana. Somebody please explain to me what protocols they are using in the cardano project because I would love to know if anything exist in the cardano ecosystem or if this price is driven by hype. TLDR, holding ethereum is better at the moment as it has been underperforming. It is doing great against BTC but Ethereum is also outperforming BTC.
Short
by WiThConFi