#ADA 1W. Will Trump Boost the Price? 11/25/24Rumor has it that one of the ADA team members is friends with Trump, who has already discussed the integration of cryptocurrency into broader development processes. This could, in turn, influence the price of #ADA.
An entry into the position can be considered with 3 limit orders: 15-40% from the current level and 2 more pending orders. Exiting the position will also be done with 3 limit orders. Once the first take profit is hit, I’ll move the stop-loss to the entry point. Wishing everyone profits!
Adasignals
#ADA. THIS COIN WAS BUILT TO PUMP! ANALYSIS FROM 11/19/24Previously, the price formed an ascending parallel channel pattern, which worked out perfectly. After breaking out of the structure (correction) at the $0.3532 - $0.3112 level, a buyer stepped in, allowing the price to recover and the upward movement to continue.
Buying is possible from the current levels if you're not afraid of potential drawdowns. For a more conservative entry, you can consider the $0.7000 - $0.6600 range. My personal targets from the current levels are:
$0.8180
$0.8800
$0.9800
A stop-loss can be placed at the $0.5800 level. The coin is currently in accumulation, and during this accumulation phase, I expect it to "fuel up" completely, allowing for a strong takeoff and sustained time "in the rocket."
DYOR.
ADA → Bearish Pressure !!!The price is forming a descending head and shoulders pattern, indicating a lack of liquidity in this time frame. If the price follows this pattern, it could drop to around 30 cents.
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⚠️Things can change...
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ADA - WHERE WE DO GO NEXT?ADA - broke out of the wedge pattern, signaling a preference for opening long positions.
We successfully tested a solid support zone between 0.4130 and 0.4660, which pushed us higher.
The nearest resistance is between 1.1 and 1.24. In addition, underneath this resistance there is an imbalance (FVG) that acts as a price magnet.
Currently, the trend is bullish, which discourages short-selling. Therefore, I divided my strategy into two phases, as indicated by the arrows.
Once I reach any of these zones, I will look for confirmation and adjust my approach accordingly depending on the prevailing market conditions.
Cardano/ADA will it dump or pump?ADA held the 100sma 🟡 on the daily chart and came up to the top of the pattern for a test of the highs. I think a slight retest of the 100sma for extra support and continuation of higher lows would be great for a next move. Unfortunately If it fails to hold these levels, the next stop is the 1.618 at 0.38-0.39 which happens to fall on top of the 200 and 233sma
A dump to those leves would be a buy more zone for me.
Cardano is failing at 0.4. I'm looking to sellIn my previous analysis of ADA/USDT, I highlighted that as long as Cardano maintains support above the 0.24 zone, there's a strong likelihood of a reversal towards the range's resistance at the 0.4 zone. Recent optimism in the crypto market has indeed facilitated this movement, with the coin witnessing an approximate 60% surge over the past month.
However, the overall structure for ADA remains range-bound and not decisively bullish. Therefore, a potential retracement could be on the horizon. My strategy is looking for opportunities to sell on any spikes above 0.4, targeting a drop back to the 0.3 level, with a rise above 0.42 negating this outlook.
CARDANO Historic Cup & Handle slowly starting the new BullCycle?Cardano (ADAUSD) is having a good start for the year as the price is about to hit the 3D MA50 (blue trend-line). This is the level that has been unbroken since November 15 2021, basically throughout almost the whole Bear Cycle. As you realize a break-out above it would be a major bullish development for Cardano. Such a break on January 07 2019, was what effectively confirmed the start of the previous Bull Cycle.
At the same time, the RSI broke above its Lower Highs trend-line, which is exactly what happened this week. As you see, based on the Jan 2019 fractal, an RSI pull-back now would mean short-term loss of strength for ADA but when a full 3D candle closed above the MA50, the price made the break-out towards the 3D MA200 (orange trend-line). Its target was the 0.382 Fibonacci and this is what we will target (0.6400), in case we get that candle closing above the MA50.
This time however, ADA has another strong pattern to support the idea of a new Bull Cycle and that is its historic Cup and Handle (C&H) pattern that has been trading in since January 2018. As you see, the current Bear Cycle (being within a Channel Down) can be viewed as nothing but the Handle of the Cup. Technically the target on such patterns in extremely high, which would be unrealistic based on its market capitalization, but holders can finally start believing a little more to new All Time Highs for ADA. For now take a quarterly step at a time and use the 0.382 Fib and 3D MA200.
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ADA to remain bearish regardless of BTC evolutionIn my previous analysis on Cardano, I said that the coin will most probably break under the support of the descending triangle starting with the high from the beginning of June.
Indeed, we have this break down and now AdaUsd is trading under 0.4 figure.
The structure is grossly bearish at this moment and, regardless of BTC's evolution (meaning a bullish move), the price should continue down.
At this moment I see 2 scenarios for ADA:
1. In the case of a rising BTC, the price should rise and test the resistance of the triangle and fall again
2. In the case of a drop for BTC and a break of support(which is my preferred scenario), acceleration to the downside for ADA.
The target for the triangle is under 0.3, considering a percentage calculation.
#CARDANO (ADA) / USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this ADA/ USDT 1DAY chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can see at the above mentioned chart that Cardano has been in a downtrend for over 9 months now. I can see the first signs of strength appearing on the chart. The volume indicator is showing large sales - it means that the Holders have finally been thrown out of the market.
In current scenario ADA is trading above the green support Line .
Now I am expecting more % down towards the lower support zone area which is also a good buying zone for ada.
If ADA HOLDS the upper trend line support well then soon we will able to see a bounce towards the yellow resistance zones at the price level of $0.75 - $0.93 in upcoming weeks which is almost 450% from the bottom level.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
ADA Daily Near Future PredictionsTechnical Analysis Summary
ADA/USDT
TREND ANALYSIS
We have 1 downtrend trend in red color
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Exercise Proper Risk Management
ADAUSDT Technical Analysis⏳ Spot
💎 ADAUSDT Has broken above the Bullish flag by several large green candles. We need to wait for the Pullback and retest. After seeing the Bullish setup after the Pullback we can expect the Bullish move
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💵 Invest Only 5% of your Portfolio
🎳 Entry Now or From 2.186 to 2.278
☕️ TP1 2.378
🍺 TP2 2.594
🍻 TP3 2.815
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 2.186 to 2.082
Good Luck 🎲
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ADAUSDT Technical Analysis⏳ Spot
💎 ADAUSDT has formed a symmetrical triangle, The price has got rejected from the bottom of the triangle and the large green candle shows there is a potential that the market can move higher .
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 2.000
☕️ TP1 2.444
🍺 TP2 2.900
🍻 TP3 3.500
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 1.900
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.
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We will have more FREE forecasts in TradingView soon
Have a Profitable Day