ADAUSDT.5L trade ideas
ADA/USDT: Potential Reversal with SMC and ICT StrategiesBINANCE:ADAUSDT ADA/USDT: Potential Reversal with SMC and ICT Strategies
Analysis:
The chart shows the ADA/USDT pair on a 4-hour timeframe, published on TradingView. The chart is rich with technical indicators and annotations, including price action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies.
Price Action and SMC Analysis:
Break of Structure (BOS): Multiple BOS points are marked, indicating significant shifts in market structure.
Change of Character (ChoCH): Several ChoCH points are noted, suggesting potential reversals or shifts in trend.
Volume Profile: The volume profile on the right shows high trading activity around the 1.0736 level, indicating strong support/resistance.
ICT Elliott Wave Analysis:
The chart shows a descending channel with multiple touchpoints, suggesting a corrective wave pattern.
The price appears to be breaking out of the descending channel, indicating a potential bullish reversal.
Indicators:
RSI: The RSI is currently at 74.65, indicating overbought conditions but also suggesting strong bullish momentum.
Volume Oscillator: The volume oscillator shows a recent spike in buying volume, supporting the bullish breakout.
Buy Strategy:
Entry: Enter a long position at 1.0736, which is a key support level and the point of breakout from the descending channel.
Take Profit (TP1): Set the first take profit at 1.1194, where there is significant resistance as indicated by the volume profile.
Take Profit (TP2): Set the second take profit at 1.1542, the next major resistance level.
Stop Loss (SL): Place the stop loss at 1.0736 to minimize risk in case of a false breakout.
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Sell Strategy:
If the price fails to hold above 1.0736 and breaks back into the descending channel, consider shorting with a target back to the lower boundary of the channel.
This analysis combines price action, SMC, and ICT Elliott Wave strategies to provide a comprehensive trading plan for ADA/USDT.
Cardano Could See $1.5 Price Target: More Gains AheadHello and greetings to all the crypto enthusiasts, ✌
I aim to provide you with a comprehensive overview of the future price potential for Cardano , 📚💡
Cardano, once in the spotlight during its peak, has built a strong, engaged community on social media, attracting interest from major players like institutional investors and influencers. From a technical perspective, I remain optimistic about its future, expecting a potential upside of at least 41%. 📚✨
With strong momentum and an active following, Cardano seems poised to outperform in the near to medium term. It's also likely that the price will test support before making its next upward move. Given the current market trends, this presents a good opportunity for further gains. 📚🎇
🧨 Our team's main opinion is: 🧨
Cardano, with its strong community and momentum, looks set for a 41% upside, likely testing support before its next move, offering a solid opportunity for gains.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Be careful with ADAUSDT !!!As I mentioned, the price finally managed to break the bullish wedge and reach the targets I mentioned. Now, technically, since the price has reached the important 0.618 line, it might correct slightly and then break this line with strength to reach higher targets.
PREVIOUS ANALYSIS
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Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA - Time to buy again!Possibly due to Bitcoin's price rising above $100,000 and an increase in money injection into Bitcoin, the price may correct slightly in a few days, drop to the support line, and then rise to $1.25 .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA update and current levels (D)BINANCE:ADAUSDT bounced or rather moved around the 2018 support and managed to break above it decisively around 4 days ago. now it again knocks at the 161.8 fib extension on which it may find resistance again .
question now is if it manages to push above it and finally find continuous support around that level (or the VAH it currently resides at perfectly) OR if it retraces once more towards the 2018 support before attemtping a break out.
I guess, given the whole market, that everything will be kind of uncedided until the inarguration of Trump on 20th January. Noted, this can also mean another small dump (sell the news event) but let's hope that won't be the case. mid/long term I see cardano show some strength again and successfully find support around the previous high area between 1.35 and 1.30. IF it then retraces again towards a support zone I think it'll bounce from the 1.15 area and aim higher towards 1.70 within the next weeks.
ADA on high time frame
"Regarding ADA on the high timeframe, in line with my recent analysis, the price is advancing towards higher levels. If you decide to join me in buying for holding or trading, now presents a favorable opportunity to increase your volume near $1. Please ensure to prioritize risk management in your decisions."
ADATechnical Analysis of Cardano (ADA) against Tether (USDT) on a 3-day timeframe on Binance.
Price Analysis:
- Current price: 1.0848 USDT
Key Support and Resistance Zones:
- Blue horizontal zone around 1.00 USDT
- Yellow horizontal zone around 1.50 USDT
- Purple horizontal zone around 2.00 USDT
Trend Lines:
- White lines indicating possible support and resistance levels
Projected Price Movement:
- Dashed white line suggesting a bullish trend towards 3.00 USDT
Candlestick Patterns:
- Historical price movements with candlestick patterns
This analysis visually represents potential future price movements for ADA, highlighting key support and resistance levels and suggesting a positive outlook.
new wave 5 targets on ada since deep wave 4 correction
in above mentioned idea i outlined most passive targets on ada. Today there was a impulsive weekly Candle that take off ada to 10% 24h pump as only coin in top 10 .
Just for the bigger Picture that means ADAs marketcap pumped from 40 to 44billion dollars in1-2 days 4 billion on top thats massive. As iam in that market since 2017 i learned if ada pumps that hard out of nothing, that is a superb sign of outperforming next days.
New Target
1,47 minimum up to 1,70$ in a normal wavecount scenario
INFO:
if alt season starts my targets probable are nonsense because ada will rise much higher
If BTC dumps then all alts including ada will dump to. Then the Chart needs a new point of view and analysing.
Cardano most passive scenario when Crypto/BTC pops Here a lidle Fib/Waveanalysis of Cardano aka ADA.
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks