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ADA Short Time Frame Long SetupADA is looking bullish. Unlike most alts it did not completely lose its bullish structure even during the dips in the market. What I mean is that ADA is holding on to the upward trending line and doesn’t lose it for long on the higher TF. (Please read linked ideas) On the 4H TF, I see that the 0.38 USD level acts as local resistance and ADA tested it as support on the 1H TF. If it will also clear the 0.386 USD level, it will also be above the diagonal trendline which will give the bullish case more confidence. In addition, you can see an Inverse Head and Shoulders forming on the 4H TF which further supports the bullish case for ADA, at least short-term. I have two trading ideas for ADA, an aggressive trade, and a conservative trade: Aggressive Trade Idea: • Entry: 0.3793 • SL: 0.3728 • Target: 0.3864, 0.42, 0.46 • R: R is not great if we assume that ADA did not finish the correction. If it has, great entry for continuation to the upside. Risky. • If this trade is successful, I will not cash out completely because it may go higher. Conservative Trade Idea: • Entry: 0.3864 (after retest of trendline) • SL: 0.3793 • Target: 0.42, 0.46 • R: R 1:5 to first target. • Eventually I expect ADA to go a lot higher. NFA What do you think? Please share in the comments Best wishes to all.
Long
by NewThoughtCrypto
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Cardano (ADA) was one of Friday’s notable gainers, as the token snapped a key resistance level. ADA/USD rose by as much as 3% in today’s session, hitting an intraday high of 0.3777 as a result. This rally resulted in the 10-day (red) moving average crossing over its 25-day (blue) counterpart. Typically such an upwards crossover signals the start of a bull run, and it comes as the relative strength index (RSI) also rose considerably. the index is tracking at 50.91, which is marginally below a resistance level of 52.00. In the event this ceiling is broken, there is a strong chance that ADA will move toward the 0.3800 mark. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
CARDANO: WHEN MOON?As far as crypto goes, Cardano is one of my favourite projects, not because it has had the most insane price action or is the most trendy or even has the best user experience... because it has none of those things... yet. I really appreciate the philosophy behind the project,specially in light of the FTX collapse and Terra Luna de-peg. They seem to understand that if you are building a completely novel and potentially revolutionary financial system that aims at displacing our current financial system, that an endeavour this profound and revolutionary, should not only be done with patience and caution but that if it is not done with patience and caution, the result could absolutely catastrophic for all this involved and society in general. The fact their getting their work peer reviewed and they are not rushing to market with their products and updates is revolutionary in itself for a crypto project. Their recent inroad to the health care industry and the novel approach of preventative medicine is another revolutionary act in our society today. It shouldn't be but it is when big pharma has completely taken over health care and treatment with pharmaceuticals that treat symptoms rather than cause. Why? Because there is far less profit in curing someone than there is in treating them. Society is in desperate need of overhaul in several different industries and Cardano seems to be paving the way for practical ways of tackling these issues and due to the gravity of most of these issues, they need to be approached methodically. Finding solutions that are both economically sound and shed all the bureaucratic BS, wasteful spending, violated social contracts, etc. is going to take a lot of time and cooperation between people and companies. They are the only ones going about in the way that I would if I was the one who had the means of tackling the issues they are tackling. I think that people will slowly start to appreciate the ground that they have already gained and the milestones they are soon set to make. Their commitment to decentralisation is another reason why I am really bullish on its future. I think with the hostility we are seeing towards cryptos, this is going to increasingly become an important aspect to demand of digital assets.
KRAKEN:ADAUSDLong
by Goontata84
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Cardano (ADA) ended a four-session losing streak on Monday. After a low of 0.3573 on Sunday, ADA/USD rose by 2% today, reaching a high of 0.3732. Today's price rebounded as the bulls rejected the breakout of a floor at the 0.3570 mark. This coincided with consolidation at an important support point of the RSI, with price strength moving away from the 40.00 mark. The index is now tracking at 44.29, with a higher range of 49.00 a potential target for the ADA bulls. If this area is reached, there are relatively good chances that Cardano will trade above $0.3800. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC, ETH, XRP 🌤️ ADA: Ready for a Bullish Surge? 🚀🌟Sunny weather with a few scattered clouds lies ahead for the global crypto market🌤️, including Bitcoin, Ethereum, and Ripple in the next 24 hours, according to ATTMO. This means that a slightly bullish market with upside potential is likely. ☁️⚡️ The weather is however tropical – very bullish with some upside potential – for Cardano today. 🌴🚀 Over a one-week horizon, ATTMO expects cloudy weather with some sun for both major cryptocurrencies – Bitcoin, Ripple, and Binance Coin. This forecast can be translated into a slightly bearish market with downside risk. ☁️⛅️ Follow us for valuable insights and stay ahead of the market trends. 📈🌐
BITSTAMP:BTCUSDLong
by ATTMO
Cardano to register further gains following range breakout?The range formation for Cardano was finally broken on Wednesday, despite the weakness of Bitcoin. The former bearish H4 OB at $0.375 was flipped to a bullish breaker. Moreover, the range breakout saw an FVG (white) develop at the $0.375 area as well, marking it as a good demand zone. Yet, if Bitcoin was unable to climb toward and past $27.8k in the coming days, the bullish sentiment behind Cardano could begin to fade away. Entry: $0.372 (retest of range highs) Take-profit: $0.383 (small imbalance and short-term resistance) Stop-loss: $0.368 (below FVG)
Long
by AMBCrypto_TA
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Cardano formed a bearish head and shoulders formation, which is about to resolve soon. If confirmed, that would mean the price could break lower. ADA also lost 5.4% of its valuation this past week. The key support at 38 cents is critical for this cryptocurrency as it will determine the price action in the weeks to come. The Bears appear to have the upper hand right now, but things could still go either way. Looking ahead, expect volatility to increase as the price approaches the key support. If buyers cannot defend this critical level, then ADA could fall towards 35 cents next. The key resistance is at 41 cents should buyers suddenly return. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
ADA/USDT 1DAY UPDATEHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Cardano managed to hold onto a price above 40 cents, despite the most recent correction that saw it test the support at 38 cents. This also allowed ADA to book a minor increase in the price of 1.4% this week. The biggest challenge for ADA is to move above 40 cents which is the key resistance at this time. If the overall market remains bullish, then this cryptocurrency could explore higher levels. Looking ahead, Cardano is found in an uptrend, and so far, buyers have the upper hand. As long as they can defend the support at 38 cents, the price has a good chance to move higher over time. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Cardano (ADA) rose by as much as 9% on Wednesday, as bullish sentiment returned to cryptocurrency markets. Following a low of 0.38 on Tuesday, ADA/USD raced to an intraday high of 0.4166 earlier in today’s session. Today’s surge in price saw Cardano climb to its highest point in six days since the token was trading above a ceiling at 0.4200. Looking at the chart, Wednesday’s move came as the relative strength index (RSI) broke free of a resistance level at 53.00. At the time of writing, the index is now tracking at 55.12, with an upcoming ceiling of 58.00 a potential target for bulls. Should this point be hit, it is possible that ADA will move back above its point above resistance. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Cardano It bounced for the second consecutive session as the coin moved away from the recent support points. After a low of $0.3783 on Friday, ADA/USD rose to a one-day high of $0.3902 to start the weekend. After an unsuccessful breakout attempt, Cardano moved further away from the recent bottom at $0.3775. Bulls rejected the breakout after the 14-day Relative Strength Index (RSI) bounced off a floor at 55.00. The index is tracking traders at 56.96 with a potential target at 60.00. Should they reach this destination, there are good chances that ADA will trade above $0.4000. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
ADA/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano (ADA) snapped a two-day losing streak to start the week, despite the global market cap mostly consolidating on Monday. Following a low of $0.3729 on Sunday, ADA/USD surged to an intraday high of $0.4035 earlier in today’s session. Today’s move saw Cardano near Friday’s high of $0.4093, which was its highest point since mid-February. Looking at the chart, the climb in price coincided with the relative strength index (RSI) moving towards a ceiling of its own at 60.00. At the time of writing, the index is tracking at 58.91, after moving away from a floor at 56.00. Should price strength move past the upcoming ceiling at 60.00, then there is a strong chance ADA will recapture a fresh multi-month high. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano (ADA) surged to a six-week high in today’s session, as markets reacted to the latest University of Michigan consumer sentiment report. Sentiment in the United States fell to a reading of 62 in March, from a final sum of 67 the month prior. ADA/USD surged to a peak of $0.4025 earlier in today’s session, following a low of $0.3709 on Thursday. This move saw Cardano climb to its strongest point since February 21, when the token reached a high of $0.4061. Overall, the surge came as the 14-day relative strength index (RSI) moved beyond a ceiling at the 60.00 mark. At the time of writing, the index is tracking at 63.67, which is close to the highest point of resistance at 64.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
ADAETH - Is Cardano Strong or Ethereum Weak Right Now?Cardano's just broken out of it's descending channel again, the first time this happened a few months back we pretty quickly returned back within and continued ranging; there's been a few wicks out since then but nothing dramatic or significant. But now we have a fresh breakout and so far it doesn't look like it's being rejected - this could mean gains up to the next level of resistance at almost 10% above the current price. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
12