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ADA - cardano update ; an alternate bottom theoryADA - cardano update ; an alternate bottom theory Yellow fractal is the same as the other one but stretched out. The momentum signature fits quite well. Zoom out on the chart to see the momentum similarities. Would mean the bottom is very close and quite soon. Double tap then up only. That bigger drop option, the momentum doesn't feel right. note the chart i did back in december i think it was; attached. macro is pretty darn bad still, everything is still melting, inflation still high, dxy looks like it wants to pump again, at least double top imo, soooo not sure how a bottom could be close. but maybe huh, the financial world is a big irrational casino right now. anything could happen. going to keep a close eye on this. imo ada is the perfect 'market signaler'.
BINANCE:ADAUSD
by Crypto-Quantum-Fox
13
Cardano Analyze (12/17/2022)!!!↘️It seems that we are still not close to the end of Cardano's decline. I expect Cardano to continue to fall to the heavy support zone, and after breaking the downtrend line, I can hope for Cardano to rise, so if you are looking to buy Cardano, you will likely see more attractive prices. Cardano Analyze ( ADAUSDT) Timeframe Weekly⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
3
ADAUSDT - Be Ready for PARABOLIC AltSeasonHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 ADAUSDT is another altcoin that I am extremely bullish on for the next altseason. However, the possibility exists that it might take a while to arrive, considering all the talks of an imminent recession for 2023. We're approaching a strong demand zone from 15c - 22c. From here, to expect a 300% increase is a modest target considering the last time that we hit this support zone the price increased 700%! It might take a while for the price to drop to this level, which is a hidden opportunity considering everyone will get ample time to bag up for the next parabolic rally. Interested in XRPUSDT ? Check out this idea 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
17
Cardano has broken a monthly support!Support in the range of $0.305-$0.310 was considered for Cardano, where the price is still located. Positive divergences are observed on the RSI indicator. Also, due to the formation of the horizontal zone on the Ichimoku indicator cloud, there is a possibility that the price will return from this support level. But you should note that Cardano has broken monthly support, but if it can return above the $0.35 range this month, it is more likely that the break is fake, and the price will remain at the monthly support level. Buyers' short-term resistances and targets are in the range of $0.340-0.347; the second target is in the range of $0.360-0.370 and can be short-term profit-saving ranges. Note that the first resistance is the same as the midline of the main descending channel.
by MonoCoinSignal
3
Cardano ADA price is trying to stop falling) Maybe it will growIf we look at the ADAUSDT price chart globally, we can say that buyers are mega-passive. At a time when quite a few altcoins are trying to grow, the ADA price continues to move in a downward channel, updating the 2022 low in November. And some very strong altcoins, such as MATICUSDT, have long ago left the falling channel and changed the trend of price movement. On the other hand, the ADAUSD price has entered the liquidity zone of $0.28 - 0.35, where it is trying to round up and show signs of a possible trend reversal. If you believe in the positive prospects of the Cardano project, then the liquidity zone of $0.28 - $0.35 is a good place to take a long position for part of the deposit for the long term. Analyzing the current price behavior of ADAUSDT, it is hard to hope for rapid growth. But $0.60- 0.65 for ADA closer to the middle of winter 2023 why not ?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
37
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USD 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano managed to temporarily stop the downtrend this past week when the price made a higher low. In the process, ADA kept its price at a similar level to seven days ago (or around $0.31). The big question for Cardano holders is if it can break above the resistance at $0.34. The current buy volume is not encouraging, and ADA is suffering from a lack of interest from market participants. Nevertheless, as long as the price does not make a lower low, this could be a sign that sellers have become exhausted. The support continues to hold well at $0.30, and it appears unlikely for ADA to retest this level at this time. The more likely scenario seems to be for buyers to attempt a break of the key resistance. Any failure there could embolden sellers to return in force. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
My minimalist Analysis for CARDONA$ADA On a Weekly Chart LONG POSITION -MOMENTUM STRATEGY - SWING 13.11..22 2307H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast. ALERT: Forecast Entries for a BULL SWING. Based on VITAL SIGNS ( RSI , STOCH , VOL., MA VOL.) RSI is RIPE Bitcoin is also holding strong support at the 15k and has still room to push further down. This can still bring down all cryptos but some of our entries have been met and we still have the extreme levels to consider. I suggest partial entries for each or additional entries, depending on your risk appetite. INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box) "Follow the white rabbit!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you. If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal. TARGET ZONE IDENTIFICATION: The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) NOTE: 1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time. 2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER. 3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. 4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY). 5. DYOR for your Fundamentals, Volume , Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology . Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge. Vive Le Autist!
KRAKEN:ADAUSDLong
by The_Crypto_Samurai
2
Cardano's price reacted positively to its support!ADA had a range trend during the last week. Cardano's price reacted positively to this support area after returning above the $0.305 range. But the price trend of Cardano in the 4-hour period is still a range. There is a linear resistance at $0.32, a break of which could provide a continuation of short-term upside for Cardano to the $0.340-$0.350 range. As long as the support indicated on the chart holds, Cardano has the potential to rise in price for the coming week. The $0.32 line resistance has also been associated with reaction several times. Therefore, breaking it into the 4-hour timeframe can provide continued short-term growth. On the higher time frame, with Cardano's monthly support broken, the overall trend is bearish until the price fully returns above the $0.37 range. The RSI indicator forms positive divergences, which can signify a trend reversal, at least in the lower time frames. It should be noted that there is still a possibility of breaking the monthly support into higher timeframes. Therefore, purchases can be short-term.
by MonoCoinSignal
3
ADAUSDT $36c Likely on PhoenixAscendingHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Here's a short term overview on what we can expect for the price of Cardano for the immediate term. Technical indicator Phoenix Ascending together with Bollinger Bands point towards a potential $0.36c, as we see the RSI and EMA moving up with bullish buying momentum in the short term. IF the green EMA can cross over the 50 line, we can expect movement towards the basis of the bollinger bands, even if it is just a wick. The basis is the 20d moving average currently at $0.36. However, currently with all the bankruptcy happening in the crypto environment, the markets do not look favorable for a new bull cycle, so I expect a resistance zone here. The next immanent support zone is around 0.22c, where there is a high demand zone and this is where I expect a bottom for ADAUSDT to be found. Curious about what Decembers hold for Bitcoin historically? Check out this idea: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
36