ADA → DON'T FORGET TO GATHER YOUR COINShello guys...
I think it is the best time to gather the coin that has potential, like Ada!
you can buy it and sell it in 1.7$ and 3.6$ areas!
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✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Adausd
Could price bounce from here?ADA/USD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit.
Entry: 0.4151
Why we like it:
There is a pullback support level.
Stop loss: 0.3856
Why we like it:
There is an overlap support level which aligns with the 161.8% Fibonacci extension.
Take profit: 0.4660
Why we like it:
There is a pullback resistance level.
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Bullish scenario 1.2 and 1.2! or sideways pattern for wave 2Esteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
Cardano Alert at $0.4477: Analysis Deciphers ADA Next Move!
Cardano has to move back to above $0.4477, otherwise it will dip to $0.3963 and, possibly, lower.
A bullish break-out of $0.4477 will push price back to $0.5434.
Above $0.5434 is a bullish daily zone and we will see a move towards $0.6562, where price action will be very important.
A sustained price action above $0.4477 will increase odds of the dip to $0.335.
Cardano 30-50% Growth Incoming ?! #CardanoStrong demand confirming on our $40s zone driving multiple confirmation with a environment breakout after a strong correction phase is no longer bearish.
Looks feasible as of now for a relief rally anywhere between 30-50% in the encircled points.
Let's see !
CARDANO WEEKLY BULLISH OUTLOOK ADAUSDT has once again stabilized at a significant key level on the weekly timeframe. Observing historical price movements to the left, there's potential for a reversal in the highlighted zone. Strong rejections and bullish reversals in this region historically support our bullish thesis. The current sell-off is viewed as a substantial retracement, correcting the preceding rally. Notably, the price is holding at the 61.8% level on the Fibonacci retracements, suggesting a potential area of support.
ADA - Time For Concern?🤔❕ADA vs BTC ❕
ADA failed to make a successful retest of the accumulation zone, having tested it yet again after breakout, and forming a nasty M-pattern. This is quite different compared to the previous time BTC made a new ATH and ADA followed.
Furthermore, the ADABTC chart is about to make lower lows, as ADA continuesly fails to increase in value with BTC:
Now, some may argue that this is indeed a good time to BUY - and I cannot argue with that logic. I would, however, just advise to take caution. Reconsider the fundamentals when considering ADA as a diversified part of your portfolio.
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BINANCE:ADAUSDT KUCOIN:BTCUSDT BINANCE:ADABTC
ADA will create a chance to turn your life aroundHello friends, did you have a good day?
I'm going to show you a shocking and amazing chart today
It's a log-chart.
There's a way to read the ideas of the forces by applying a little bit of technology in the Fibonacci extension.
It's the SECRET of 0.1 and 0.236
0.1 and 0.236 are places where there is a fight between selling and buying, and have consolidation.
When it breaks out 0.236 upward, it can reach 0.618 (5.3135) and If it succeed in retesting beyond that, it can reach the 1 value of 38.3173.
If you take a long position at a 10x from the current point and chart goes to 1 value,
An optimistic Bull run scenario for #Cardano #ADAADA has already broken out from a W bottom
with a pattern target of just under $1
A big question for ADA investors is,
can Charles, help push Cardano to make a new #ATH
We don't know
Charles doesn't know
But let's have an optimistic mindset
there is a scenario I can see playing out
where ADA males an inverse head and shoulders in the future
and points to roughly 2X ing the previous.
Bull trapping people who will assume it can got to $10 and beyond.
Obviously any value above $3 is in the danger zone
ADA: waiting to buy below $0.40Looking for a move down in ADA. Technically April 13th bottom at $0.40 could have been it, but the upward move since then looks to be a 3 waves move. It is possible that some kind of a leading diagonal is being formed, but it is not normal at a minor degree wave 3 of the primary degree wave 3. The path of least resistance is down at this time, so that is my primary count. I am waiting to add a good chunk to my bag at anything below $0.4. There is no bearish concern until $0.24 is breached. If the bottom is already in, then would like to see price move above $0.52 and preferably above $0.68. If that happens then will buy any dip on the retace.
[ADAUSDT] - health correction done , now get bullish!ada reached the bottom 20% bearish wave as expected
it hit the lower side of broadening wedge and 0 level of fib in 2d chart...after making the H&S pattern
ada bouncing back well after that correction and expected to reach the top of the broadening wedge pattern
targets: 0.55 - 0.60 - 65 - 0.90
stoplose:0.44
if u see this idea helpful then press "like" , "follow" to provide more ideas and updates🎯
ADAUSD: 1W MA50 holding. About to explode parabolically to $5.00Cardano tested last week and held (closed the 1W candle over it) the 1W MA50 for the first time since October 2023. The 1D technical outlook is oversold (RSI = 29.115, MACD = -0.050, ADX = 36.349) and the 1W timeframe bearish (RSI = 44.076). The pattern it is printing though is very much like September 2020, when after successfully holding the 1W MA50, it started rising again until it broke out parabolically above the HH trendline. The Cycle top was formed a little under the 1.236 Fibonacci extension. Consequently we are targeting the same symmetric Fib (TP = 5.00).
See how our prior idea has worked out:
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ADAUSD: The First Elliott Wave of the 2024 Cardano Bull MarketCardano has been expected to do well this crypto cycle, but even the one dollar mark has been elusive despite a strong bitcoin market as the driver for all of the crypto space.
However, its chart exhibits a very nice Elliott wave structure resulting in a clear five-wave ascend into the 80 to 90 cent range.
Along with bitcoin’s correction, ADA experienced a sharp pullback in mid-April, that closed and corrected the first full wave sequence of 2024, presented in this chart.
Cardano Update: Growth Since Entering at Wave 4Since entering Cardano at Wave 4, we've seen a 30% increase and anticipate further growth towards the overarching Wave (1). Subsequently, as expected, there should be a Wave (2), which would likely result in a deeper retracement, potentially flushing some participants out of the market. However, there remains a significant upside potential until then. The exact peak of Wave (1) is yet to be determined. We've already secured some profits and have adjusted our stop-loss to our entry price to avoid unnecessary risk. Given our long-term investment in several altcoins, there's no need for greed. Should we surpass Wave 3 significantly, we anticipate a ceiling around $0.90. Rest assured, we'll keep you updated, especially if there's an opportunity to take profits beforehand.
Bunching of Moving AveragesTypically, when you see moving averages get tighter and tighter together, there is a big move coming and its typically in the direction of the side that current prices action is on. This bunching of moving averages happens on many assets but for crypto, the moves that happen after are exponential. As an avid Cardano contributor and trader, here is what I am seeing on a 5day (can also be seen on a weekly).
Examples of this same bunching of moving averages can be seen on ETH, DOGE, BTC, etc. if you go back in time. Currently, Cardano is one of the only ones that is in this position.
ADA/USD: Wave 2 correction or something more sinister going on?For what it was looking like a very bullish 1/2, 1/2 setup last week, now has invalidated after price broke down below $0.45 today. However, it is still within the parameters of an expanded B wave and now a C wave for minor wave 2. The wave 3 of 3 of C has been incredibly strong as it should, and we should see a relief rally for wave 4 shortly. An incredible re-buying opportunity will present itself at the golden zone $0.35-$0.34 area but it must be with some caution. If price falls below $0.3, then the bearish scenario of this entire rally since last Oct being a 3 waves move becomes more probable and a more price breakdown may ensue to continue the intermediate Y wave toward $0.15. For now, I am sticking with the bull case and have some fiat ready to convert.