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Ada analysisHere's a quick look at ADA 4HR char t. As we can see, the price has been showing a support zone at 1.206$ . Hoping btc will not go below 45800$.If btc break that zone we see 42-43k$ soon . Then possibility ADA touch 1$ or can see wick at 0.811$ zone . PLAY SAFE Another way to look - - it moving in falling wedge . Now its time to wait it carefully and must have one open position at 0.811$ Definitely one to keep an eye on . The best entry at good Support level. Target - According to fib 1.297$ 1.420$ 1,579$ 1.796$
Long
by YouDo_
ADA is so valuable at these prices ✔Hello dear Traders. I hope you are having a great day. Today I am looking at the large picture of ADA chart. As you can see price is moving a ascending channel long term and in the descending channel short term. In my opinion correction will finish once price touches the bottom of the ascending channel around 1.4$. But I would start buying ADA if I were you at the current prices. You can DCA until 1.4$. Short term targets are shown on the chart and long term target of ADA can be when it touches the top of the ascending channel. 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. Thank you guys for reading my idea on ADA and don`t forget to comment what you think. ✌
Long
by Existansilon
2
ADAUSDT | The best area to fall📍Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. Cardano has passed the main waves 1 and 2 and is now inside wave 3. Wave 3 forms microwaves 1, 2, and 3 and is involved in waves 4 and 5. Wave 4 is probably zigzagging and probably completed wave a at lower time wave counts. And maybe inside wave b and it can also be inside wave c . If the red dot is broken downwards, confirmation of wave formation c will be given and the downtrend can continue up to Fibonacci 0.38. Otherwise there will be a re-ascent to the upper side of the channel and then a descent to Fibo 0.23 will be formed. If the previous peak, 3.665, is broken, we will conclude that wave four of wave 3 has already formed. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Short
by mahdisoltaninjad
ADA can experience great price growth !There are many reasons to be bullish ! Cardano's number of active addresses, which peaked at 250,000 in October, has now risen by 80 percent to over 400,000 ! As you can see in the weekly chart (left chart), the ADA price has reached its long-term uptrend and has reacted correctly to this trend line . The RSI indicator in the weekly time frame is also reacting to its uptrend line . In the daily chart (right chart) we can see the price reaction to the important Fibonacci 0.618 line . ADA from ATH has experienced about 50% price correction and these are enough reasons to be bullish !
Long
by MrAliG
9