Get started

Adausd

Cardano, mid term tradingHappy Sunday everyone, this analysis is a medium term analysis, which closes the position in the next two or three months. In this analysis, I used a daily time frame, because if I used 4 hours, it wouldn't fit on 1 chart. Cardano has touched channel up support that was formed since early November last year, and this pattern is still very strong and persists to this day. We can take bullish steps now around the 0.5878 level, or wait to touch support again at the 0.5692 level, by pursuing the 52% profit projection at the up resistance channel at the 0.8710 level as profit target. However, this time I recommend using a small margin, because it is not only the up channel that is formed, but also the head and shoulders pattern. and if the up channel pattern breaks down, then what will happen is that bears will pursue the target of 0.3411 with a decline of -40% My money management is simple in this trading, I use 1% of equity without a stop loss and if the price falls to 0.3411, I make a buyback (martingale) with a volume of 2% or 3% of equity. Hopefully this analysis is useful, Don't forget to support and share this analysis. Happy trading
Long
by AzrulAzir
🚧ADAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:ADAUSDT ✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .also a bullish Divergence (RD+) on MACD which shows Positive Signs for CARDANO. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. 🟢 Bullish Divergence ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
ADA --Is the Head and Shoulders Pattern Activating?ADA ( CARDANO) Potential for a 20% Drop ! We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price. Key Factors to Consider: Confirmation of Pattern: The pattern should be confirmed with a break below the neckline and increased volume. Target Price: The target price for the pattern is calculated by measuring the distance from the head to the neckline and projecting that distance below the neckline. Risk Management: It is important to use proper risk management techniques when trading this pattern, such as stop-loss orders. Please note that this is not financial advice and you should always do your own research before making any trading decisions.
Short
by Crypto-Oracle1
ADA/USD Hitting Targets and Riding the RollercoasterAlright, fellow traders, let's dive into the wild world of ADA/USD trading with a splash of humor! So, last time we checked, we were hitting those TP targets like a boss – just in time for the previous bull cycle to say "See ya later!" and take a nosedive below $1.00. Classic crypto, am I right? But fear not, my friends, because after some serious structure review and fib level analysis (because who doesn't love a good fib?), we stumbled upon another harmonics pattern. And guess what? It's pointing us straight down to our middle leg, converging with some juicy fib levels and previous structure at that sweet ~$0.40 level. Keep those lower timeframes in check though, because we need that confirmation that it's playing nice as support. Now, let's talk targets. We're eyeing that $1.00 mark, and if we break through and treat it like the VIP it is, well, hello there, previous ATH! Feeling ambitious? How about shooting for the stars with that 127 fib level, sitting pretty at ~$6.00. Aim high, my friends – the sky's the limit! Oh, and before I forget, let's give a shoutout to those ADA fundamentals. Because let's be real, in the crazy world of crypto, they matter more than you think. Remember, it's all about probability – no trading advice here, just a friendly reminder to play it safe and embrace that dollar-cost averaging life. And hey, maybe investing is the way to go – less stress, more chill. Here's to riding the ADA wave with a smile on our faces and a whole lot of memes in our hearts. Good luck out there, traders! Keywords: ADA/USD, trading analysis, crypto humor, hitting targets, bull cycle, harmonics pattern, fib levels, support levels, resistance levels, trading advice, dollar-cost averaging, investing, ADA fundamentals, ambitious targets,
BINANCE:ADAUSD
by PlutusX
Ada has good potential in 2024🔥Hello, dear friends!☺️ 🧐Today, I present to You my chart showcasing the promising potential of the ADA coin (from Cardano). As you all know, Cardano has its own cryptocurrency called ADA, which serves as the primary asset of the platform. They utilize the Proof of Stake (PoS) algorithm to ensure network security and support its decentralization.💻 ⚡️It's essential to highlight that the Cardano project adheres to scientific methods in the development and implementation of its technologies, contributing to increased security and stability of the network. Regarding the price movement of the ADA coin, let's take a look at the chart.👀 In December 2023, the price broke through the resistance line of a parallel channel that had been forming for almost a year (marked in red). The formation of this channel began after a prolonged sharp decline in price following the last bull run. I've labeled this parallel channel as the bottom on the chart!👇 💡It's safe to assume that in the coming months (medium-term perspective), we can expect the price of this coin to rise. By placing several buy orders (orange zone) to catch it at the optimal price, setting the marked levels for selling (take profits) at 0.9, 1.0, and 1.2, and keeping in mind the stop-loss level 🛑 - under 0.38, it could be a very profitable deal!🔥 🚀I believe the potential for this coin is quite good, but significant growth will require more time. So, let's add it to our checklist and keep an eye on it 😉 🧐What do You say, folks? How do You feel about ADA and the Cardano project itself? Do You have any experience trading this coin? Thanks for Your attention, stay tuned! Subscribe not to miss out. 🫶 Always sincerely yours, Kateryna💋
Long
by RocketBomb
5
Macro HopiumTried to make this line up with fib times. W & Y are about equal in time and degree, this is assuming BTC rallies into the end of the year and bottoms in 2023 and that alts bottom a few months after it. The primary (3) impulse is taken from primary (1), added previous ATH trendline which seemed like it could be significant. Let me know what you think! Definitely not accurate do not invest based on this, especially exact targets!!! Just a general longer time frame idea, I am noob
by jhoeb
1
ADA - Buy now for 2000% profit, forget about BTCTechnical analysis The price of ADA is still very low compared to BTC. While BTC is almost at the previous all-time high from 2022, Cardano is below 0.236 FIB. Whales never pump all coins together, they need to pump it individually to make as much money as possible. ADA is still one of the coin that is waiting for an explosive move, that's why I suggest you to buy ADA as soon as possible. From a technical perspective ADA formed a bullish flag pattern on the weekly chart and this pattern will be confirmed very soon. To confirm it we need to break above the previous swing high of 0.68. My Elliott Wave count suggests that we have a strong bullish nest (1),(1),-1-,-2- and wave (3)-3- is starting! This is a dream of every Elliott Wave trader. We can see that the price broke out of the long lasting accumulation phase on the weekly chart and already made a pullback to the edge of it. The retest was successful and we can start a strong pump! On the chart you can see my profit targets. PT1, PT2 and PT3. Depends on how long you want to hold ADA. You can also long ADA on the futures market with leverage! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. Cardano news 4.6 Million Strong: Cardano Network Sees Massive Growth In New Wallets - Cardano (ADA) is making waves in the cryptocurrency market as on-chain data reveals a surge in wallet creation, signaling a growing adoption of the blockchain network. Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Long
by Xanrox
56
ADA - Be Ready for a SUDDEN PUMP📉Hi Traders, Investors and Speculators of Charts📈 Fundamentally - I'm no fan of Cardano. In a certain sense it gives me XRP2.0 vibes, with the cult following community and all. Over-promise and under-deliver with youtube shillers is XRP style and raises red flags. Ultimately, I believe crypto is bigger than one person , and most definitely bigger than than one industry expert / founder. These are a few reasons as to why fundamentally, I'm not an ADA fan. HOWEVER. As I've said many times before, any coin can and will be traded by whales. Herewith lies opportunity for retail traders, IF you manage to get a good entry. From a chart analysis, Cardano has broken out of accumulation phase by forming a clear bottom. We even start to see glimpses of a new bullish cycle starting as the price makes higher lows. To the left from a weekly outlook, a wick to the purple 200d moving averages is possible. On the right, from a daily perspective, we'd like to see the turquoise 100d moving averages hold: I believe it's possible for the price to continue increasing from here and I even believe a hard and sudden, random pump is possible (likely followed by a sudden dump). I'll be looking for increases 30% and 45% from here, as near term targets. Higher is possible, but I'll leave higher targets for a later post once we have actually achieved these price levels. You may need some patience though: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck KUCOIN:ADAUSDT COINBASE:ADAUSD
by CryptoCheck-
1
Cryptolean Cardano ADA Update Last two weeks, in the daily chart ADA is teasing the key resistance zone of $0.76-$0.80. Above $0.80, bulls will take control of the ADA price chart towards $1. A daily candle closure above $0.80 will push ADA price towards $0.90 and higher. Below $0.66 is the bearish zone and ADA price will decline towards $0.57 for another re-test of the ascending daily trendline. Intraday Chart The ADAUSDT 4-Hour chart is in the bullish territory and holding the key intraday support of $0.736. A reversal from its current price location is likely and a bullish rejection of $0.736 will push Cardano to the key intraday resistance zone of $0.84-$0.88. A bearish dip to $0.69 or, even better, to $0.65 and a bullish rejection of one of these levels could offer a long trade towards $0.84-$0.88 and higher. Like once read. Thank you!
Long
by Trade-Lean