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💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.469). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 0.487 TP2= @ 0.504 TP3= @ 0.522 TP4= @ 0.545 TP5= @ 0.583 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
8
💡Don't miss the great buy opportunity in ADAUSD @Cardano Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.469). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 54. Take Profits: TP1= @ 0.487 TP2= @ 0.504 TP3= @ 0.522 TP4= @ 0.545 TP5= @ 0.583 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
ADAUSD Doesn't seem to be able to get out of its bearish trend.Cardano (ADAUSD) got rejected 6 days ago exactly at the top (Lower Highs trend-line) of the long-term Channel Down pattern that it has been trading in since the September 02 2021 market High. This is the 4th Lower High rejection of this structure and when that happened in the past, a strong rejection followed. Cardano has been trading sideways for basically 3 months (since the June 18 low). As you see this has the potential to extend a green Channel if the price breaks above the Lower Highs. Until then, it would be best to sell again only if the 0.400 Support (July 13 Low) breaks and target the 2.0 Fib extension. A break above the Lower Highs though should extend this 3 month neutral trade and test first the 1W MA200 (red trend-line), which has been basically the Resistance during these 3 months, and secondly the 1D MA200 (orange trend-line) for the ultimate long-term trend test. When ADA breaks and closes above the 1D MA200, then and only then we can consider a long-term shift of fortunes from bearish to bullish. The Bullish Cross on the MACD (on the 1W time-frame) could be an early indication of such a move. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:ADAUSD
by TradingShot
1
Cardano ADA - The worst altcoin! When next crash? You cannot make money on ADA at this moment, because the downtrend is extremely strong and it's going to be even worse later this year!  Don't get me wrong, I think ADA is a great altcoin, but if you bought the top, you are too late for the party.  The market structure is insanely bearish and we have a descending triangle on the daily chart that will break down with a high probability. ADA is going sideways from May 2022, and the buyers are simply not here at this moment. The price is making lower highs and now the price is being compressed in this triangle formation.  Also, we have a massive broadening wedge, so you might want to wait for a breakout before enetering a long position, or you can catch the falling knife exactly at my support level, as you can see on the chart. My Elliott Wave analysis suggests we have an incomplete ABC structure and we should expect 2 more impulsive waves downward, so another 63% crash is definitely possible!  The bears are in power and I would not play with them at all cost. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
65
I expect a major crash in Cardano priceCardano still in this consolidation since May 2022. But, this it's not an accumulation zone, I see that bulls are trying to fight, but bears are taking control into this downtrend. And remember that FED it's very crazy to tight the interest rates and value of U.S. Dollar, what we expect a major crash in ADA. So, I look first that this it's a re-distribution zone where we're in the bear market, and sometimes this look like the end of the bear market. But to know when the bear market ending, it's very necessary to have in mind the macroeconomic and microeconomic aspect to know what happen in the global economy. During the years I found out that cryptocurrencies make their movement what Forex market do, and sometimes as crypto-trader we could to take advantage reading everyday Forex market to take a perspective to trade cryptocurrency very well and choose some pars to trade. But I'm very interesting to learn about this correlation that crypto and forex show. But talking about in weekly timeframe, I expect a crash that could to carry the price to $0.23 cents approx. Also I'm note that Cardano forming a symmetric triangle in Daily timeframe that it's look very interesting to check out. I'm still bearish in weekly timeframe!!!
BINANCE:ADAUSDShort
by harisonhbn9718
3
ADAUSDT - Be Ready for a 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. 👩‍🏫 In today’s analysis, a quick look at Cardano / ADAUSDT . Like with most of the crypto markets, there has been a small relief rally / upside correction that balanced out the recently oversold RSI on most charts. By looking at our technical indicators, the upwards price action has been just enough to correct the oversold markets BUT not enough to signal a reversal. We know this, because we have not made a higher high or a clear bottom pattern. Instead, we have made a lower high, got rejected at the local resistance zone and continue to trade downwards. It’s been my opinion that we will see our reversal during Q4, but in which one of the 3 months nobody knows. The good news, is that the end of the bearish market is near and this may be your final chance to accumulate at low prices – it’s a sale ! The good news, is that if you dollar-cost-average these last few range bound downs, you could stand a chance to make a profit of up to 200%, if you are patient enough and set your TP targets. More on dollar Cost Averaging HERE: Also, this is what we’re looking for in a reliable bottom pattern: Have a great weekend 🥂. I hope you enjoyed this post today! Please give us a thumbs up 👍 _________________ 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-
20