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ADABTC

ADA is top heavy against bitcoinADA-BTC big picture charts actually allows for up to 90% correction from these levels. In the short to mid term up to 40% correction is expected. If crypto bear market starts this could be one of the best shorts on the market, it reminds me so heavily of xpr-btc in 2017. Cardano pumpers are looking to make themselves a fun September, as this month there are some news about platform developments: finance.yahoo.com It could turn out to be a sell on news events, watching this with interest.
Short
by Owcheew8
ADA/USD - Correcting towards support at $1.9, will it hold?Support level: $1.9 Resistance level: $2.4 ADA is in a corrective pattern within a large downtrend channel. Price will likely re-test support at $1.9 before any uptrend will resume. This channel can also be interpreted as a bullish flag, but for that to confirm, we need to break above it and make it support. If that happens our next key resistance is at $2.4. Indicators: Volume: Mostly flat and waning. If this continues, the strength of this downtrend will weaken and allow for a reversal once we approach support. RSI: Falling on daily timeframe, therefore, the short term view is bearish. Wait for a reversal before considering an entry, particularly once we approach support. MACD: Losing strength on daily timeframe and likely to cross on the negative side in the next day or two. Do not enter a long here so long we’re in the channel. Bias: Bearish so long we remain in the channel and we fail to break out of it. On weekly timeframe, ADA just did a bearish cross on MACD. This may indicate we will have a bearish trend for some time, particularly if we break under our $1.9 support. Be cautious on taking any longs for that reason and use tight stop losses. Don’t exclude a bounce towards $2.4 if price breaks above this channel, however once there price can be pushed lower again in line with the weekly MACD which remains bearish. Price prediction for ADA: Considering ADA had a massive pump this summer to $3, it now finds itself in a correction. This may last a while, so don’t rush to buy until we have good confirmation of a new up-trend. Breaking above our downtrend channel would be a good start towards that at which point we can set some good targets. Right now $2.4 is your best bet. Like and follow if you liked this idea!
Short
by DU09
mADAm Cardano 2Cardano broke up this triangle 📐 and I think there is chance for run to 2.635 and even higher. Setting BUY LIMIT order to catch the pullback. m ADA m, just show us some love!💕 ENTRY : local high @ 2.251 SL : local low @ 2.15 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.635 RRR : 3.8 INVALIDATION : when SL level hit Please like👍, comment🗣️, follow me✒️, enjoy📺! Check my other stuff in related ideas. ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
ADA - Daily ChartI guess this is the first time I'm putting a daily chart for short term ADA! Since you guys asked a lot I'm posting this just to show the key support and resistance zones. And as you know these charts are valid for only 24 hours. There is only one local support on the way down which is a good one since that support is on top of a famous demand zone: There is one local resistance which isn't hard to pass, but for having a good pump we need to break the Orange Key Resistance which requires good Buy Volumes and also a healthy market. In case a sudden breakout happens, that red resistance is where it might stop. Market is showing Buy Volumes on different platforms so don't open too many short positions. I'll keep this chart updated. Use this chart as your trade setup for now. Current Market Price: $2.274 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
3
✅ ADA (Cardano) - What's next? Time to analyze my favorite coin, ADA. As we said before: Cardano (ADA) has been going through some corrections as we all expected. right now it's consolidating in the confirmation area, which is the yellow thick line. If it manages to get enough buyers then this confirmation can start a whole new bullish market for this coin. And I think this might be the time for it because we're in a demand zone and we just need more Buy Volumes in the market. However, if things don't work out and we see a drop from that point, then our Green Zone, which is our strongest support area can push the price back up in no time. Update: Watch for Bitcoin, since it looks like it's going to touch ATH or even cross it. After Bitcoin calms down ADA can perform stronger than now and might run for testing the ATH. If possible, it might cross it and touch the red resistance as I've shown on the chart. if not successful, then it's going back down but I'll update the support when that's about to happen. Right now I'm seeing strong demand for ADA since it's trying to bounce from this demand zone. Also, the market is showing Strong Buy volumes for ADA on different platforms. I'm buying more ADA myself, and if it drops I'll buy even more... I always look at ADA as long time investment and never do future trades on it. If you are trading on it, be careful, because any unadjusted long or short position might cause liquidations since we are not sure if it's going to drop or bounce back up. I'll keep this chart updated. Use this chart as your trade setup for now. Current Market Price: $2.293 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
10
ADAUSDT Technical Analysis ⏳ Spot 💎 ADAUSDT has formed a symmetrical triangle. After the breakout it is expected that it goes for a retest and then continues to go higher. 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at 2.250 ☕️ TP1 2.450 🍺 TP2 2.570 🍻 TP3 2.700 🍾 TP4 2.950 🍷 TP5 3.300 🍸 TP6 _____ 🍹 TP7 _____ 🎁 TP8 _____ 🚫 SL 2.110 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
3
CARDANO | ADA | Short TermHi Guys 🍀 Cardano (ADA), is down to the demand zone which is supported by the lower BB and the static fib level. I don't think that's it, ADA can go sideways for a few more hours around this level, or even go lower to get support from the other support level which is even stronger. Market Volumes are showing Sell Signals and even though all main coins are pumping or fighting resistance levels, this coin is acting as a minor alt coin which doesn't seem right! I think there will be sudden pumps for this coin soon, right after getting enough Buy Volume in this demand zone Tell me if this chart helped you Don't forget to hit like and drop comments 💚
by EmilyProject
5
ADA possible cup and handle with large upside potentialHello ADA hodlers and traders, Today I present to you bullish outlook on ADABTC pair. The price is currently sitting on the 21 week SMA. If the price can bounce up from here and get above the 0.00006200 sats there is huge upside potential. As you can see in the chart there is long term cup and handle pattern. If the bulls can confirm a break out above the cups top/neckline then the price can rocket up between 0.00010 and 0.00012 sats. From its currently price that is roughly a 3x and a 2x from the top of the cup. Now this is all contingent on the price being able break above the cups neckline and also on what BTC bulls do in the next month. If you like the content please give a like and subscribe! This is not financial advice and is to used for education purposes only. I am not a financial advisor. Happy trading and I wish you long bull market.
by bdfulker2
1
CARDANO | ADA | Short TermHi Guys 🍀 Cardano (ADA), is testing this support again but this $2 range has become solid and we can be sure that this is the best demand level. Now if you see those sell volumes on the market it's because that ADA is forming a triangle right now and it's about to breakout either way. What I think is going to happen is a breakout to higher prices. Let's see if another uptrend is possible. Those red and blue levels are just the local levels and doesn't imply to long term changes or massive buys or sells. Tell me if this chart helped you Don't forget to hit like and drop comments 💚
by EmilyProject
3
CARDANO | ADA | Short TermHi Guys 🍀 Cardano (ADA) has been bullish and passed many resistance levels. We are still waiting for this coin to confirm this breakout. If you check MACD and different platforms you can see that it's still showing Buy signals so I think this coin has some room left to test the resistance level. If you want to open long positions, wait for the price to confirm above the resistance level. The resistance levels moved a little higher which shows that the market on ADA is strong. If the price closes a 4H or 1D above the support level, then we can say it's a confirmed breakout. And if you noticed, candles are push the BB higher which is a good bullish sign for your positions. Tell me if this chart helped you Don't forget to hit like and drop comments 💚
by EmilyProject
8
Uptober is here! Is it time for ADA to break out?Here's a quick look at ADA 8 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the bigger bull flag with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 2.37$ 2. 2.57$ 3. 2.96$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2
CARDANO | ADA | Short TermHi Guys 🍀 CARDANO is going down and up in a sideways channel. There are two blue lines for support and the match the lower and middle BB. So we can be sure that we have good support levels. Our resistance is matched on the higher BB which means our resistance can be a challenge as well. If we close and confirm prices above our support and near the resistance (a 1D candle), then ADA can become bullish too. But overall this coin is at a very risky level in its prices, because it's confirming a breakout since last month, and that's why we may see a big crash. Until we get more confirmations, don't make any big moves. Tell me if this chart helped you Don't forget to hit like and drop comments 💚
by EmilyProject
1