Cardano (ADAUSD) key support at 7920The ADAUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 7920 โ a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 7920 would confirm ongoing upside momentum, with potential targets at:
9345 โ initial resistance
9617 โ psychological and structural level
9900 โ extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 7920 would weaken the bullish outlook and suggest deeper downside risk toward:
7611 โ minor support
7290 โ stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the ADAUSD holds above 7920. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
ADAUSD.PM trade ideas
Buy opportunity - ADA weekly update Sep 3 - 9thCardano is currently still in a corrective phase, forming Primary Wave 2. Within this structure, ADA is building Wave Y of a Double Three formation, before eventually transitioning into an impulsive Primary Wave 3. These targets are supported by liquidity clusters highlighted on the heatmap: significant liquidity can be seen both at the upper boundary of the Fibonacci retracement zone and at the lower boundary. Once these clusters are cleared, I expect the path toward Wave 3 to open up.
The order book reveals heavy concentrations of orders around the high of Primary Wave 1, though I believe this is not sufficient momentum on its own to launch the next impulsive phase. Derivative data is mostly stable, with slightly below-average readings but a modest increase in open interest, reflecting the potential buildup for an upward move.
The completion of Wave Y could extend into late September or early October, particularly as seasonality has historically shown Ethereum (the leader among altcoins) tends to underperform in September. On the other hand, one could argue that capital may rotate into other altcoins during this period, potentially sparking moves outside ETH.
For now, I prefer to remain on the sidelines until clearer signals emerge.
ADAUSD energy builup supported at 7920The ADAUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 7920 โ a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 7920 would confirm ongoing upside momentum, with potential targets at:
9345 โ initial resistance
9617 โ psychological and structural level
9900 โ extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 7920 would weaken the bullish outlook and suggest deeper downside risk toward:
7611 โ minor support
7290 โ stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the ADAUSD holds above 7920. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
$ADA Three Rising Valleys BullishCRYPTOCAP:ADA Three Rising Valley patter observable on the charts
timeframe M, W, D
Three Rising Valley patter target $2.40 CRYPTOCAP:ADA
Measurement - Hight of patter (second peak $1.32, minus the first low $0.24)=$1.08 lvl added to second top $1.32 for a :
Target $2.40
Pattern psychology displays growing investor confidence in the underlying product.
num num Crayons
$ADA lots of fear out thereI don't feel fear, not bragging, just experience. The more FUD and H8 I hear the more bullish I get. Why? Because the market wants you to fail, it wants you demoralized and broke, it wants you emotional and erratic, it plays with you like youโre on the dinner plate. Conviction is required in this arena because the way the promote this FEAR in you is through all media.
I have yet to see any reason to think the bull is over, CRYPTOCAP:BTC wont go higher, CRYPTOCAP:ADA has lost the bubble.
I trade with high conviction, DYOR
Did I mention I like crayons ๐คฃ
ADA Cardano Equilibrium Pullback and Possible Trade Opportunity๐ต ADA (Cardano) on the weekly timeframe is holding a strong bullish trend ๐. We can see price has retraced into the Fibonacci 50โ61.8% zone ๐ข, which is typically a pullback into equilibrium โ๏ธโan area often considered an ideal continuation entry in line with the trend.
๐ My bias remains long, but letโs break it down further:
๐ On the 4H chart, price action suggests a potential base formingโpossibly big money accumulation ๐ผ๐ฐ. That said, we donโt yet have a decisive break above to confirm.
๐ Zooming into the 30M chart, the recent downtrend has been compromised with a shift in structure to the upside ๐๐. What Iโm waiting for now is:
1๏ธโฃ An expansion above the previous high
2๏ธโฃ A retracement and retest
3๏ธโฃ A potential buy opportunity in alignment with trend โ
This setup also aligns with a possible Wyckoff accumulation ๐โweโve got relative equal lows, and a liquidity spike below could create a springboard for more bullish activity ๐ฑ๐.
โ ๏ธ This is purely educational and not financial advice ๐
Cardano โ Next Buying Opportunity Setting Up๐ CRYPTO:ADAUSD bounce last week didnโt hold, and price action now points toward a double correction unfolding. The next key zone to watch is the equal legs area between $0.76โ$0.72, where buyers could begin to step in again for a stronger reaction.
Cardano corrective pullback, support at 7920The ADAUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 7920 โ a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 7920 would confirm ongoing upside momentum, with potential targets at:
9345 โ initial resistance
9617 โ psychological and structural level
9900 โ extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 7920 would weaken the bullish outlook and suggest deeper downside risk toward:
7611 โ minor support
7290 โ stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the ADAUSD holds above 7920. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Cardano ADAUSD uptrend continuation support at 8,220The ADAUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 8,220 โ a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 8,220 would confirm ongoing upside momentum, with potential targets at:
9,340 โ initial resistance
9,620 โ psychological and structural level
9,900 โ extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 8,220 would weaken the bullish outlook and suggest deeper downside risk toward:
7,920 โ minor support
7,610 โ stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the ADAUSD holds above 8,220. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
$ADA still holding strongAs the entire market finds itself in some volatility leading to confusion, CRYPTOCAP:ADA remains bullish after the most recent price decline below $0.85
I am watching for a move over $1.00 with a retest turning the dollar mark into support then a move to around $1.50-$1.60 before making stronger moves past ATH @$3.09
ETF have been delayed till end Oct and I interpret this development as CRYPTOCAP:ADA being placed and timed for a parabolic move. When ETF is approved it may coincide with Leios, and additional US crypto regulations being signed into law, which I assess will bring retail and FOMO in time for a parabolic rally into 2026.
WE ARE BACK - ADA weekly update Aug 27 - 02thGiven the current structure, Cardano is most likely completing a 1โ2 sequence at the Minor degree within the early stages of Primary Wave 3. This would imply that we are entering one of the most dynamic waves in the Elliott framework. Alternatively, this structure could still be part of a corrective phase, forming a Wave C that drives price to a new local low. However, considering broader correlations across the crypto market, I favor the bullish count.
The order book reveals significant buy-side interest around the $1.00 level, which further supports the bullish case. The liquidation heatmap shows no major liquidity clusters, only smaller pockets around the high of Minor Wave 1.
Derivative data adds weight to this scenario, with funding rates turning back from negative levels and open interest stabilizing following the Sunday pump.
Overall, the broader setup presents a favorable environment for upside continuation. At current levels, the chart offers an excellent opportunity for swing positions, as it is unlikely that price will revisit this area in the medium term. Personally, I intend to position accordingly.
Do your own research. Not financial advice.
Cardano (ADA/USD) โ Macro TA & Maximum Price OutlookADA is currently trading near $0.92โ0.88, holding above its base structure after breaking out from the multi-year consolidation. Trend bias remains bullish as long as weekly closes stay above $0.74โ0.78.
Key Support Levels
$0.78โ0.82 โ nearest support (EMA + breakout retest)
$0.68โ0.70 โ secondary support
$0.62 โ major cycle defense
Resistance & Targets
$0.94โ1.00 โ immediate supply
$1.32 โ Fib 0.382 retrace
$1.66 โ Fib 0.50 retrace
$2.00 โ Fib 0.618 retrace
$2.50 โ next structural cap
$3.00โ3.10 โ ATH retest
Maximum High This Cycle: $6.00โ6.60 (โ1,400โ1,500% from cycle base, consistent with diminishing returns model
Cardano is in the early stages of Wave 5 expansion after years of accumulation.
Short-term targets: $1.32โ1.66.
Mid-term: $2.00โ2.50.
Macro top potential: $6.0โ6.6 this cycle.
๐ Bias = Bullish above $0.78, invalidated below $0.70.
$ADA Testing Multi-Year ResistanceCRYPTOCAP:ADA is currently hovering around major resistance, making its fourth attempt at breaking the multi-year trendline. With CRYPTOCAP:ETH already breaking its own trendline resistance, Iโm leaning toward ADA following a similar path and finally pushing through. Itโs also worth watching the ADA/ETH pair, which is sitting at a major support level that could provide a strong base for a potential reversal.
Cardano Bulls Hold Control, Eyeing Breakout Above $0.95
Daily close above $0.95 with volume โ confirms breakout continuation.
Upper BB expansion with price riding along it โ indicates strong trending market.
Holding above $0.85 (BB midline) โ confirms bulls remain in control.
ADA/USD daily chart favors a bullish bias with trend strength intact. If price can reclaim and hold above $0.95, expect a push toward $1.00โ$1.05. Holding above $0.85 keeps the uptrend structure valid.
$ADA All is GoodOn the W timeframe I see a move to $1.60 with a correction to $1.30 before continuation to test ATH @ $3.09.
I expect the move to $1.60 and correction to $1.30 to be a short term, fast correction. This is based on the Fib reaching 1.618 from the previous high of $1.20 low of $0.54 and the inverse H&S pattern(pink)
I expect this as the market does not usually move massively without cooling off for brief periods.
I propose CRYPTOCAP:ADA will ultimately reach for $12.00 confluent with the multi year resistance in March (red line)
as long as the market continues to trend and Alt Szn hits. this will remain my thesis until proven otherwise.
Congrats to all that did not succumb to FEAR and FUD and are still printing.
num num crayons.