End of the downtrend?After a few-percent rejection from the 0.7589 level, the price is slowly approaching that level again with low volume. However, due to the low volume, it doesn't hold much significance for us.
There are two conditions under which we can hope that a trend reversal is forming:
1. The price must break above the 0.7589 resistance with a strong confirmation.
2. Volume must also increase.
ADAUST trade ideas
ADA Ready for PUMP or what ?ADA has successfully broken out of the falling wedge pattern and retested the breakout zone,the price is holding firmly above previous resistance, which now acts as strong support.
Continued strength could lead to upward movement toward targets at $0.87 , $0.93 and $1.20...
Stay Awesome , CobraVanguard
ADA Correction Nearing Completion — Is It Time to Load Up?After tagging the golden pocket resistance zone between $0.9208–$0.9527, ADA completed a clean 5-wave Elliott impulse right into a major resistance. Since then, price has corrected -25%, and we’re now likely nearing the end of an ABC correction — the final wave C.
🧩 Technical Breakdown
➡️ Wave A: 5-wave drop after the peak
➡️ Wave B: Bounce rejected at yearly open (yOpen) — that was a great short opportunity around $0.845
➡️ Wave C: Now working toward completion
🎯 C Wave Target Zone: $0.69–$0.65
This zone has strong confluence:
0.618 Fib retracement of the entire 5-wave move at $0.6732
1.0 TBFE (Trend-Based Fib Extension) aligns perfectly
Sell-side liquidity (SSL)
0.786 Fib Speed Fan support
Monthly 21 EMA/SMA adding a final confluence layer
🟢 Long Setup
Entry Zone: $0.69–$0.65 (ladder in)
Stop Loss: Below the monthly 21 EMA/SMA ($0.6)
Target 1: mOpen key resistance
Target 4: 0.666 Fib at ~$0.95
Risk:Reward: ~1:4+
💡 Educational Insight
After a 5-wave impulsive move, ABC corrections are common. Using the Trend-Based Fib Extension tool to project wave C, especially when paired with liquidity zones, VWAP, or moving averages, helps pinpoint high-probability reversal zones. It’s about confluence and reaction — not prediction.
🔍 Indicators
For this analysis, I’m using my own indicators
DriftLine – Pivot Open Zones and
MFT MA Support/Resistance Zones
both available for free. You can find them on my profile under “Scripts” and apply them directly to your charts for extra confluence when planning your trades.
_________________________________
💬 If you found this helpful, drop a like and comment!
Market Overview for ADAAt the moment, the price is trapped between the weekly reversal level and a key support zone. Over the past 24 hours, the price has increased by nearly 4%, and we’re seeing a strong RSI reaction — approaching the 60 level. This relatively weak price movement combined with a strong RSI push may indicate a potential continuation of the downtrend.
Here’s the plan:
If the ascending trendline is broken, we could see a drop toward the support zone at 0.6496–0.6901.
If unexpected bullish momentum appears and the price breaks above the moving averages and the weekly pivot at 0.7557, an upward move toward the resistance zone at 0.8213–0.8618 becomes possible.
Price drops down from key support/resistanceUsing the Smoothed Heikin Ashi candles (HODL Flip V2) indicator by R.S. with settings of 6:6 for the input settings ADAUST was already an active short bias using a 1D chart. This is my first step before I look for short-only opportunities to trade in smaller timeframes like the 1H or 4H
To be honest, I was busy and placed a very small short yesterday and then got quite busy with other stuff. I noticed the price had moved up against me so I added to my short to average my entry higher, place a SL and went to bed. Today I happened to check the 4H chart and see the price had moved up bounced off resistance and was heading down in my favor now.
Suffice it to say, but this was a major support/resistance I can see has been respected over the last 18 days+
Therefore, even if the price forms an inverse head and shoulders and moves back up ultimately, I think a quick 2.6% move for a short will happen first as a worst case scenario.
Or, we get some more world news that spooks markets again and we get some wind behind all markets falling like April 2 and we get the best trade of the month;-)
ADA - Retest in ProgressPlease refer to our previous post:
Here is another post we made almost 3 weeks ago that has finally had a confirmation. Current day we just got that retest! As you can see (green circle) both daily candles held the body above the yellow line giving us our first confirmation of a successful retest. We were predicting the retest to fall between $0.72-$0.74 but since it took longer than expected it ended up being $0.69-$0.70. If this retest remains successful we should see a continued move to around $1.14-$1.20. Maybe as high as $1.70 depending on strength.
However due to BTC's current state we cant rule out the bearish scenario. If BTC starts to close below $112k then most likely ADA will fall below our triangle pattern. If ADA falls below and starts closing below the yellow line that would signal a false break. At the moment this is the less likely scenario given the market structure built, but something to watch closely.
ADA/USDT | ADA Slips Below Support – Watching $0.61 for Support!By analyzing the Cardano chart on the 3-day timeframe, we can see that the price failed to hold above the $0.75 support and is currently trading around $0.72. Given the current momentum, a deeper correction for ADA seems likely. If the price fails to stabilize above $0.69, we could see a sharp drop toward the $0.61 zone. If ADA reaches this key support area, keep a close eye on it — a strong bullish reaction could lead to the next big upside move!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
August 4th - Cardano (ADA) bull flag to print 250% move to $2.50
On the above 10 day chart price action is shown with a 40% correction since December last year. A number of reasons now exist for a bullish outlook, including:
Support and resistance
Price action confirms support on past 3 year resistance around 60 cents
Trend reversal
The support confirmation is followed by higher low and higher high prints.
The Bull flag
A measured move from the first impulsive wave will see price action move to the previous all time high of circa $2.50
Summary
The flag set up is fairly reliable with a high success rate for continuation with 60% probability. However avoid greed at the forecast area, many people entered the market at $2.50 in 2021. This was the worst possible moment and have been waiting for this opportunity to exit. Do not be their exit liquidity!
Is it possible price action continues lower? Sure.
Is it probable? No.
Ww
ADA has broken out from a key structure zone near 0.7780ADA - CARDANO, has broken out from a key structure zone near 0.7780
As long as the price remains below this level, the likelihood of a decline toward 0.6490 and potentially 0.5580 remains elevated.
This bearish potential is further supported by BTC, which appears to be entering a broader corrective phase or possibly accumulating before the next upward leg.
This uncertainty is exerting short-term selling pressure across altcoins. While this could hint at an emerging shift in trend, it's premature to confirm any long-term directional change at this stage.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Cardano is forming the falling wedge ┆ HolderStatBINANCE:ADAUSDT is testing the $0.70 level after a clean breakout from previous consolidation. The current retracement channel indicates a controlled pullback, likely to flip into bullish continuation if $0.70 holds. Watch for a move toward $0.8576 once the pattern breaks upward.
ADA Setup – Eyeing Entry After 70%+ RallyCardano (ADA) has surged over 70% in recent weeks. A healthy pullback is underway, and we’re watching the key support zone for a potential long entry targeting the next leg higher.
📌 Trade Setup:
• Entry Zone: $0.65 – $0.67
• Take Profit Targets:
o 🥇 $0.98 – $1.15
o 🥈 $1.50 – $1.60
• Stop Loss: Just below $0.62
Cardano has successfully completed retesting ┆ HolderStatBINANCE:ADAUSDT is trading inside a symmetrical triangle near support at $0.445. Price continues to coil tightly with lower highs and higher lows, building pressure. A breakout above $0.465 would confirm bullish momentum toward the $0.49–0.50 zone. Key support remains intact and buyers are stepping in at every dip. A major move looks imminent.
Cardano (ADA) at Key Support: A High-Confluence "Buy" Hello, traders.
Today we are focusing on Cardano (ADA), which is currently in a strong, established uptrend. After a significant rally, the price has entered a healthy corrective phase and is now testing a critical zone of technical support. This is a classic "buy the dip" scenario shaping up.
This analysis will detail the powerful confluence of structural, dynamic, and momentum-based signals that suggest the current level is a high-probability area for the uptrend to resume.
The Analysis: Stacking the Bullish Confluences
The most robust trade setups are built on a foundation of multiple, independent technical factors all telling the same story. Here’s the compelling narrative for a bullish continuation on ADA:
1. The Dominant Bullish Structure:
First, the market context is undeniably bullish. The Zig-Zag indicator paints a clear picture of a healthy uptrend, with a consistent series of higher highs and higher lows. As long as this structure remains intact, our primary bias should be to look for opportunities to join the trend, not to fight it. The current downturn is a correction, not a reversal.
2. The Dynamic Support Cluster:
Price has now pulled back directly into a major confluence of dynamic support.
The EMA 100 & EMA 200: The price is currently testing the EMA 100 / EMA 200 band. This zone is one of the most significant support areas in an uptrend. Strong trends often find their footing and resume their advance after testing this key moving average cluster.
3. The Crucial Timing Signal (Multi-Timeframe Exhaustion):
This is the key to our timing. As the price has entered this major support zone, our momentum dashboard shows that selling pressure is becoming exhausted.
The 1H and 4H timeframes are both flashing "Oversold." This is a critical piece of information. It tells us that on the chart's native timeframe (4H) and the one below it, sellers have lost their momentum precisely at a point where buyers are expected to step in.
4. The Time-Based Pivot Signal:
Adding another layer of non-price-based confluence, a Fibonacci Time Cycle (purple lightning bolt icon) has recently printed. These cycles often mark temporal turning points where a trend can pivot. The alignment of a time-based signal with price-based support and momentum exhaustion creates a very powerful setup.
The Potential Trade Plan
Based on this strong stack of confluences, here is a potential trade plan:
Entry Zone: The current area around the EMA 100 / EMA 200 ($0.75 - $0.78) is the ideal zone to watch for bullish price action and potential entries.
Stop Loss: A logical stop loss can be placed below the recent swing low and the EMA 200, around $0.73, to protect against a deeper correction.
Potential Targets:
Target 1: A reclaim of the Daily Open at $0.7936.
Target 2: A test of the recent swing high around $0.85.
Target 3: A full retest of the major high at $0.9349.
Conclusion
We have a textbook confluence of bullish signals on Cardano: the price is correcting within a confirmed uptrend, has entered a major dynamic support cluster (EMA 100/200), and is doing so just as multi-timeframe momentum signals widespread seller exhaustion at a potential time-based pivot point. This presents a compelling, high-probability setup to "buy the dip."
Disclaimer:
This analysis is for educational purposes only and does not constitute financial or investment advice. Trading involves a high level of risk. Always conduct your own thorough research and consult with a licensed financial advisor before making any trading decisions.
ADA/USDT | Pullback to Key Support – Can It Rebound Toward $1.32By analyzing the Cardano chart on the 3-day timeframe, we can see that after reaching $0.935, the price faced selling pressure and dropped by 18% to the $0.76 area. Now, the key is whether ADA can hold above the $0.75 level by the end of the week. If it succeeds, we could expect further bullish continuation. The next potential targets are $0.86, $0.93, $1.02, and $1.32.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ADA Bearish DivergenceBINANCE:ADAUSDT
Support Levels: 0.7229 (recent low, first target for a drop).
0.5056 (deeper support, longer-term target).
Resistance: 0.9401 (recent high, potential stop loss level).
Trade Setup:
Target 1: 0.7229 (short-term, ~25% drop).
Target 2: 0.6716 (long-term, ~50% drop if bearish trend strengthens).
Stop Loss: 0.9401 (above recent high, ~25% above current price).
RSI Analysis: The RSI shows a bullish divergence (price making lower lows while RSI makes higher lows), suggesting potential upward momentum. Current RSI is around 57.33, nearing overbought territory (>70), so caution is advised.
ADA SCALP TRADE IDEA WITH EXPLAINATION.1. Market Structure & Break of Structure (BoS):
The chart shows a bullish Break of Structure (BoS) marked by “X”, where price broke above previous highs with strong momentum, confirming a shift in structure from bearish to bullish.
This BoS indicates institutional buying interest and a potential continuation of the bullish trend after a retracement.
2. Retracement & Current Price Action:
After forming a short-term high around 0.8080, price began to pull back, forming lower highs and lower lows.
The current price is consolidating around 0.7948, signaling indecision or temporary relief before further movement.
3. Liquidity Engineering – Sell-Side Liquidity (SSL):
There is a cluster of equal lows (SSL) just above the 0.7870–0.7880 zone.
This liquidity has not been swept yet, and it’s likely that smart money will drive price below it to trigger stop losses and induce sellers, creating the fuel for a bullish reversal.
4. Key Demand Zone – OB + FVG:
Below SSL lies a powerful confluence zone:
A Bullish Order Block (OB), which represents the last down candle before the bullish move that broke structure.
An overlapping Fair Value Gap (FVG), indicating an imbalance that price has not yet filled.
This OB + FVG zone is marked in blue, approximately between 0.7850–0.7880, and serves as the primary Point of Interest (POI) for a high-probability long entry.
5. Anticipated Move:
Expected scenario:
Price is likely to sweep the SSL, tap into the OB + FVG zone, and then show bullish confirmation (such as a bullish engulfing or change of character).
If confirmed, we can look for a long position from the demand zone.
6. Entry Plan (SMC-based):
Entry: Inside the OB + FVG zone (0.7850–0.7880), after bullish confirmation.
Stop Loss: Below the OB zone (around 0.7830).
Target 1: Recent high near 0.8080.
Target 2: Extended TP near 0.8150 for a 1:2 or 1:2.5 RR.
✅
Summary:
ADA/USDT has broken structure to the upside, but price is currently in retracement. With SSL liquidity still intact and a clean OB + FVG demand zone below, we expect a sweep of lows followed by a bullish reversal. A high-probability long setup may form once price reacts from the demand zone with clear confirmation.