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ADA coiling towards a breakoutCardano (ADA) has been in somewhat a symmetrical triangle for the past several weeks with higher lows. The RSI is in neutral territory while the OBV has not seen a significant selling activity. This is one of the projects with huge long term potential. They have several deals in the pipeline while the engineering team is still burning the midnight oil to get the smart contract functionality fully integrated which is coming soon. The network activity has also picked up significantly over the past few months (adapools.org). Short term price targets: 2400 sats 2600 sats 3000 sats Note: This is not financial advise. Please do your own research.
Long
by CryptoPaily
Great buy opportunity in ADA🚀Hello Guys As we can see, $1.465 tested so many times in the past and finally price brokes it. - Enter now or wait for the retest. - Put your Stop Loss below the breakout candle or Yellow support area. - Take Profit: $1.94 or Trail it with a Trailing SL. If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! . . . . . . . . . . . . . . And do follow me on Twitter for EXCLUSIVE Market updates: @mywealthstory Your Support is very much 🙏 appreciated! Happy Trading
Long
by mywealthstory
$ADA/BTC gonna get sent$ADA is another big market cap coin looking at a bright future price wise. Right now at the 0.236 fibline looking very strong. Even though ADA has been in uptrend for some time already, (it basically bottomed in 2019) my opinion is that the uptrend has a far share to go. Once again I am not betting on a DOGE like pump, although possible with all that Ethiopia hype, I' am prepared for a longer term uptrend with high targets which will make the strong hands very happy indeed.
Long
by OZmaster
ADA 4H - Continuation Hi everyone, ADA seems to give good indications of a bullish continuation. We did see a break out of the ascending channel however respected the Daily & Weekly support zone . Resistance zone is still in play but there's a good chance that we break out of it, when is anyone's guess but when it happens we can see greater highs again! In the short term we might fall back to the smaller support zones (4H chart) and even retest the EMAs, if we fall below all of them we might have that B Wave correction still in play and see even lower prices. All in all for us good opportunities to buy in more. Kind regards, Noel
KRAKEN:ADAUSDLong
by itsnoelv
ADA/BTC, Cardano/Bitcoin - a great potential👍Preconditions: - price is in a range more than 1 month - price made false breakout - long movement near to the key level I expect on squeezing, breakout and retest. Only after this scenario I'll open a position. Once more: only after retest. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
10
ADA possible bearish crossover or try to go back upADA rejected the 20-day moving average, dropping from it. And it is currently in the SMA50 days, trying to break it down, however there is strong demand in the area of ​​this, taking it up instantly after its fall from 0.9 to 1.1 in a matter of hours. Reflecting that this point is being strongly supported by the bulls If the bulls manage to raise the price above the 20-day moving average, an ADA rally to 1.4 USDT would be confirmed. Conversely... If the bears are strong enough and send ADA below the moving average, Cardano could suffer its first downtrend after a long time. Before the ADA Lovers, Funen listen to me. If Cardano is rejected at 1.2 USDT, a confirmation below the 20-day moving average is possible. We have a high demand in the zone of 0.9 In 1.0 Nobody is buying. The few bulls that try to take it above the daily closing moving average are few in fact. So it is likely that ADA will not go above the 20-day moving average, and it will also have rejection at the 50-day moving average. SMA. This would confirm a possible downward trend reversal towards 0.9,0.8 and 0.7 testing the 100 day WMA Moving Average. This is based on the analysis, we still have the fanaticism of ADA, that I very much doubt they will sell this cryptocurrency, so it will be difficult to break the strong support at 0.9 USDT. However, if fanaticism manages to take it above the 20-day moving average, it is confirmed that we will continue in the uptrend, with everything and a fall. As long as the ADA remains below this, a breakout of the 50-day SMA and a trend reversal is likely. So stay tuned with ADA. I do not recommend the Open Shorts and Longs at ADA. Because there is fanaticism in this one. It is best to open a Long at 0.7 in the hypothetical case that fanaticism loses to the downtrend. Never go against a large community. Better to go along with her. In Long on the strongest support. I'm not saying that ADA goes to 0, I'm just saying that there may be a change in trend, take this as a buying opportunity.
by UnknownUnicorn18500526
ADA CURRENT CLEAN TEHCNICAL ANALYSIS !looking at ADA here on the 1hr chart we can see Cleary on the HTF that price has respected the larger ascending channel and is still within bullish nature, however price has recently broken to the downside impulsively coming from a descending pennant. price made a strong rejection form the outer trend line on the daily and now were have price currently forming a possible flat flag. importantly this flag is placed at a significant fib area. there is a high probability that price may form a double bottom within this flag as shown in my forecast and price will have to from a confirmation making the fib level a new point of support to confirm a new push to the upside from this level, there is another possible outcome where price can make a double top within the flag and make a further push to the downside and even break the outer trend line confirming a new bearish trend. thank you for reading please always analyse from the higher time frames down!! please like and give me a follow as I am trying to grow my analysis to bring more clean price action analysis every week !
by akillizkb
1
ADA/USDT - Will the big growth potential continue ? CARDANOUSDT💭 Look at Cardano globally. Hello everyone, today I decided to show you a new chart of one of the top altcoins (currently top 5 by capitalization). Yes, since the end of November 20, the asset has started its native growth and has already added very significantly to the price, but despite this, the chart now shows such a beautiful picture, it is difficult to pass by. I'm talking about a fairly large bullish triangle with a flat top that has formed over the past 2 months. The 2 previous highs give me the opportunity to determine a clear resistance at $ 1.5, but I do not think that it will be able to restrain the onslaught of the bulls for a long time - the pressure is concrete, which means that expecting a full - fledged exit up in the coming days is the only correct decision. But after that, there may well be a return to the upper border of the figure, the so-called retest from above, after which it will be possible to continue climbing towards$2. On the chart, I also marked a potential classic triangle, but I myself tend to be more inclined to a flat top. Stochastics on the MACD crossed from the bottom to the top, which strengthens my forecast. Bottom line: The trend in the market is super-bullish, and such beauty on the chart is ideal for continuing this trend. As an option, I consider the continuation of growth through the retest of the classic triangle in the area of $ 1.25, but this does not change the global picture - it only goes up, so work from longs, friends. Earn money. I admit, there was a trading idea that would short, but without loss, there is no profit. Time puts everything in its place. Join our free, open community - share your thoughts, schedules, and knowledge with everyone. There are no VIP channels, no premium groups, no annoying ads. Free society and free crypto trading. LINK IN BIO
Long
by CryptoJaegerB
2
ADA .. Let's go to 2 baby, come on Cardano Cardano, CARDANO! What a nice coin to have but how many times has it either bored us to death, made us feel like we missed out on other opportunities, or even dipped to support before rising again... I know! But we want to see the 2$ mark and we might see it now. so//let's GO Cardano!!! ps. my last name starts with 'ADA' so maybe I am bit emotionally attached to this project. Don't listen to me, buy something else (kidding you- go buy some ADA now fellows) FXPROFESSOR
Long
by FX_Professor
1
ADA - 6h. only after fixing above $1.2 we expect $1.5Sellers in the ADA market managed to organize a fairly deep correction. After the triumphant break of the black trend line on March 16, the price retraced by 78.6% . A rather deep correction broke through the liquid range of $1.17-1.2, however, it did not take away the buyers' high chances for the continuation of the upward trend. Our previous idea worked well and on March 18, buyers were able to test the previous all-time high, but they could not gain a foothold above it. It is for this reason that we saw such a dramatic crash in the ADA market. At the moment, the ADAUSDT price is in an incomprehensible position. In order to buy ADA with confidence, you need to wait for either the price to fall to $1 , or the breakout and consolidation above $1.2. We have assumed one scenario on the chart, but we will control two variants of the development of events. If you want to receive notifications on this idea - like it or write a comment under the idea. In this case, after updating the idea, you will receive a message. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
47