ADAUSD trade ideas

moesalama

A historical pattern from November/ December 2022 might be repeating in real time. place your stops, and lets wait and see what will happen.

XBTFX

During the previous week ADA clearly started its reversal move. The support line at $0.40 had been clearly broken at the beginning of the week, and the coin continued its road down to its minimum weekly level at $0.37. Selling orders are prevalent at the end of the week, in which sense, it might leave some space for further drop in price until a clear oversold...

Hokusai_FX

with prices that are quite cheap now and supported by analysis which illustrates that prices tend to fall again due to corrections, there's nothing wrong with waiting for an opportunity to be able to take even cheaper prices in the next few days

18:32

MoemenAwadalla

We are approcaching the time to get some entries preparing for crypto bull run as we are approaching Bitcoin halving that normally moves the market a lot. This is just my analysis and not a financial advice

Avramis

Hi Traders ADAUSD (Daily Timeframe) Waiting for the downward break of 0.377 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 0.419 would cancel the bearish scenario. Trade details Entry: 0.377 Stop loss: 0.439 Take profit 1: 0.350 Take profit 2: 0.307 Score: 7 Strategy: Bearish reversal

umerishtiaque

No new lower low was formed and breaks the previous lower high as indication of trend change and secondly bullish divergence was also found

XBTFX

ADA had a relatively solid week. Although its price was suppressed to the downside and the lowest weekly level at $0.37, still the coin managed to make another move toward the $0.40 resistance line as of the end of the week. Highest weekly level was $0.41. Still, as of the weekend, selling orders started to emerge, which might impact the price of the coin at the...

EM_Trading_Company Updated 

There has been a break in structure for ADAUSD. A retracement has occurred, and a new high is immanent. A buy trade is opened.

EM_Trading_Company Updated 

ADAUSD has been on a downward slope for some days now. It has found a resistance and I expect price to continue the move downward and make a new low.

Mihai_Iacob

After the high in the middle of April, AdaUsd started to correct and found support at 0.38. With 3 reversals from this support (including yesterday's flash drop) this zone should be a strong floor and a new leg up is probable. 0.42 is resistance and a break here would expose 0.46 recent high with good chances of continuation to 0.5 and above. As long as 0.38 is...

peterbhc Updated 

ADA is gearing up for an overdo power move to $0.60 Monitor the $0.42 price level to complete the cup and handle but also liquidate the short's stop losses above that area. Good Luck

khabeerkhalid

Potential Bearish Entry Dow Theory In Place - Lower High and Lower Low Expected in Place Formation of Rising wedge coupled with bearish divergence (Bearish reversal pattern) SL & TP Levels are defined.

without_worries Updated 

So many messages on ADA. Buy / Sell?? “I saw you’re short from $3 and dismissed it - he’s mad”, “I saw the 50 cents idea, always spreading FUD” etc etc. lots of anger, lots of emotion. Folks emotion is a money killer. When I publish those short ideas they are not without study. And for free! Is ADA a buy? Of course it is. Why? Real real simple.. On the above...

ew-forecast

Complex correction can be in play on Cardano as price breaks the lower side of a channel. Ideally, that's going to be a flat correction, but can be a triangle as well if drop from wave B high will be only in three legs. Support is at 0.35 then 0.3.

XBTFX

The price of ADA was strongly supported by the news about Milkomeda`s EVM project during the previous period, which pushed the price to the higher grounds and level of $0.46. Still, due to generally negative market sentiment, the price could not hold at this level, so it entered into a bit higher reversal down to $0.37 on Friday. Still, the coin is finishing the...

Eloquent

Good 4vening anon, --- Cardano ascended through a quintet of waves, originating at 0.0185 and culminating at the zenith of 3.0996, before gracefully descending in an impeccable five-wave pattern. A series of five downward waves often signifies either the commencement or the conclusion of a phenomenon - in this particular instance, I postulate that it...

ChartswithChip Updated 

ADA / USD (trading view) on daily chart. Cardano appears to be breaking the neckline of an inverse head and shoulders that dates back to October of 2022 (6 mo). Shoulders, head and neckline are all indicated on the chart. Resistance of the breakout will come at $.59 but could blow past it if the breakout goes parabolic on the daily chart. Good luck! NFA