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ADA still in consolidations with a possible breakoutADA still holding the bullish uptrend and it's continuing the consolidations process. What you should looking for, ADA needs to cross 1.1670 to continue upwards towards the $1.31, if we cross the $1.31 than ATH might be achieved again and continue from there to even higher level. If and this is a BIG IF we lose the $1.00 price level, than expect a downtrend with a support of $0.956 and $0.80. ADA still very bullish despite the pullback from the ATH twice, still moving on the daily chart within the ascending triangle witch is Bullish pattern.
KRAKEN:ADAUSDLong
by PatrickHob
10
ADA inches out of descending triangleADA inching out of potentially bullish descending triangle. Volume is very low right now which indicates that supply is dwindling, and all it will take is a big buying spree to send it higher. Of course, it is possible for ADA to break down here and go below support again, where there is ample buying pressure to keep it in the 1 - 1.20 range. I see 1.20 as support right now and good place to buy with a 10-13% stop loss. First profit target is 1.49 which is previous local high and the new ATH to break. There will be strong resistance at 1.49. If ADA breaks 1.49 on strong volume, expect to retest 1.49 and break back down below it on a violent pullback. Such is the way. Therefore if you're trading, 1.49 is about 25% up from here, so it's a good first place to take profits or close out all together depending on your trading time frame. The crypto markets change on a dime with the wind, so always be prepared and use stop losses if you're trading it.
Long
by EddieTradez
1
ADA/USDT Price Prediction ⭐ADA has been bearish the last couple of days. We will see a dip before the boom. We can see that the previous patterns are very simular as the one playing out right now. ADA broke the 1.19677 support line in my opinion we will see a dip of aprox 28% if we can break the green box (1.15050). Breaking below the green box would be a very good buying opportunity. BUY IN 1: 0.98941 BUY IN 2: 0.85574 TP1: 1.34927 TP2: 1.47222 TP3: 1.60022 My prediction is based on technical analysis , do your own research I am not an experienced trader so don't take this as financial advice. Any feedback is much appreciated, good luck :) Check out my last ADA prediction. ✌
Short
by technicalFlami29
3
ADA/USDT - The diverging wedge. Important levels. CARDANOADA / USDT Hello dear friends. ADA (Cardano) coin under review There is every reason to believe that ADA has formed a "Widening Wedge", which is a signal of the end or the imminent completion of a local uptrend. There is an understanding of the seller's zones and the buyer's zones. Seller's area: block 1.38-1.61 $, block 1.17-1.29 $. Buyer's area: block 0.845-0.957 $, block 0.625-0.722 $. Dynamic support (0.97) and resistance (1.65) are also known, on the chart as dashed lines. Coupled with a wedge, there is a double divergence at 1D TF, which indicates a damping trend. This Channel is not financial advise, It's My opinion and My observation: @opptrade ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading. For all your actions, only you are responsible. 💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Short
by UnknownUnicorn13204076
3
ADA consolidating in descending triangle, I expect bullish breakADA / USDT (Cardano) on Binance is consolidating in a descending triangle. While descending triangles are NOT as good as Ascending triangles (slant faces UP), in a bullish environment descending triangles are also OK. If the crypto market continues to stage a strong rebound and regain bullish momentem, even temporarily, I expect ADA to breakout positively from this consolidating. I do expect it to dip upwards of 5-7%, but I believe buying here or in the range of 1.20 is good. My stop loss is 10-13%. If ADA breaks below 1.2 on STRONG volume, that's not a good sign. If it's weak volume and it continues to retest 1.20, that's normal and expected. 1.20 is support and a good place to buy. Profit target is 1.40, which is previous ATH years ago.
Long
by EddieTradez
ADA breaking major support zoneADA is currently testing what seems to be the bottom of a parallel channel and horizontal support. If this fails we can see ADA coming down to possibly test the 0.80 cent area. It also seems to be inside a symmetrical triangle and a break down to the bottom will be a very weak for ADA as this is very strong support. The reason being is that we can see convergence of 3 types of support and if not one of them hold it will surely turn into very strong resistance.
Short
by TheForecasters
ADA is getting ready for a massive breakout 🚀ADA has seen some incredible growth in the last 2 months and it is definitely not about to stop. Here we can see ADA trading a beautiful ascending triangle and a break out to the upside of this triangle would send ADA past the 1 dollar mark for sure. We are very ready to trade this and hope you are too. Here is how we will do it. We will see if the 0.88 cent area holds as support and if so we will look for a good entry to go long from there as this lines up with our trend line as well as the green ichimoku cloud on the 1hr, my only concern is the that the top of the green ichimoku cloud on the 4hr is quite a bit further down and we can see the price fall as far back to that level. If this 0.88 cent area does not hold as support we will look for an entry at a lower support level but in that scenario the safest trade might just be a momentum long above the previous high at the 0.96 cent area.
Long
by TheForecasters
ADA(4h) has one more attempt left to break ,36 before correctingADA usually follows the trend line like a charm, and this could be the case where it would drop to lower areas of the channel before another pump. BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago. ALSO, more than 50% of ADA is in Staking and it looks like it will stay that away for the long run. I am HOLDING it no matter what until the end of the project, on my opinion Technical Analysis can´t predict much right now. SHORT TERM: in the 4 hour graph there is still some hope left for another resistance break, but be ready in case it can´t pass it.
Long
by ViniciusBaccelli
1
ADA on Huobi staking coming to Cardano!ADA has had a nice rally and with the upcoming Shelley protocol, things are going to get interesting. As you see RSI is overbought and the increase seems to be coming down a bit - its hard to say if its going to POP UP or fall down to accumulation period! Lets see what also happens to the upgrade and if it is deployed easily by the details listed on the project site. You can now STAKE ADA on Huobi - so that is an amazing part of grabbing ADA right now. See you next time, Huobi Risk Reminder: 1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions. 2. Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.
by HuobiGlobal
ADA/USD- Retracing to bring new buyers to the table?ADA hit targets briefly so congrats to those that protected profits. There's probably a lot of people still looking for an entry into ADA as we move towards Shelley release. Have we now reached that point or can we see another few % dip to a stronger support level? Definitely one to watch as I think ADA will enjoy some success through June. Any feedback or thoughts of your own welcomed. As always, Not financial advice. Just my own TA. Bingaz.
BINANCE:ADAUSDLong
by Bingaz
ADA: SHORT THE RISING WEDGEADA ANALYSIS: ADA is another coin on a relief rally currently hitting the hourly resistance. ADA is also inside a strong rising wedge. With the current set up, it IS possible of a break UP and OUT of the wedge, which would be bullish up to .04. More so, im expecting this wedge to break down and fall back to create a known support closer to .022. The short targets are T1 at .027, T2 at .0261, T3 at .0244. RSI has bounced back significantly and ATR hit highs on this bounce. The bounce will give out to provide sellers another chance to knock it down. For those looking to play it safe, set BUY in bids near support! Possible Short Entries: .0285-.030
KRAKEN:ADAUSDShort
by altchicasignals
1
ADA/USDT Looks Bullish - ADA/USDT is looking to break out soon.. took a notice like ascending triangle looming on recent price movement. but if it do rejected from current resistance $ 0.1, there's 3 yellow up trendline to keep in mind for current bullish trend to keep continue. - Using fibonacci golden ratio. see the chart for projection if it could breakout the resistance or if it fail to do so. - If ADA/USDT breakout from $ 0.1, high probability ADA/BTC might get influence by this breakout too. - DMI : +DI is above -DI is a good sign for bullish sign, while currently ADX (momentum strength) is still weak. - MACD : macd line is still on bullish area and seller histogram is decreasing as it's made a higher low currently - RSI : same thing with macd.. still hovering around neutral area while it's made a higher low. Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion. and please feel free to share what your thought on comment section. peace.
Long
by MisterCatt
ADA ANOTHER OPPORTUNITY!ADA/BTC LETS GO 0.00003 BTC!Ada has been one of the easiest top altcoins to make short time profit lately it has been playing between its supports and resistance every other day where we can make our short-term 5-10 % profit. However after the spike to 0.000026 BTC price level we have been seeing Ada getting dumped and dumped and we had retracement trend which we broke by making a reversal from a support and know we are fighting our resistances. We can see that twist in Stoch going to oversold area this are short term resistances and may be targets for some but my targets are higher than this. I will start short term targets or resistances too on my trades for alts it is just that for me and my members we have long term HODL targets due to where the market is now. Thank you and peace! Ashanti! Good Luck, Traders! #moon #mooncommunity
by farhadjafarov7