ADA/USD - CARDANO IN DANGER. HOLD or DIE 🚨🚨🚨ADA just made a lower low. Moreover, it broke BELOW a key support from May 2018!!!
This spells disaster for the price which could fall all the way to 17 cents!
This would make ADA correct almost 95% which is similar to ETH in 2018...
The chart is extremely bearish and based on this latest price action, ADA seems to have been late to correct by over 90% in this bear market and it's catching up now... FAST.
Plus there is barely any support until 17 cents due to the lack of price action between 39 cents and 17 cents.
Not looking good bro.
I am bearish and best to take cover, it may get ugly.
Like and follow if you liked this idea.
Adausd
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.
ADAusdt 1D Losing important support?According to the important support that I drew, it is losing this range, if it is unable to return to the trend, the possibility of falling will increase, and if the market returns, I think it will react on the trend line again.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
ADA BREAKING SUPPORT MORE DOWNSIDE TOWARDS $0.33Check out the trade plan for ADA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
ADA is breaking below the recent support formed and here I expect more downside in order to revisit the resistance / key level and the trend line formed. And then I am expecting a good reversal to happen over time close to the $0.33 area
Cardano (ADA) - October 11Hello?
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Please also click "Boost".
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(ADAUSDT 1W chart)
The key is whether you can climb to the 0.5184-0.6834 section.
To do this, we need to see if we can support and rise in the 0.3321-0.3974 zone or higher.
(1D chart)
The key is whether it can find support near 0.3974 and move above 0.4348-0.4482.
Otherwise, it is expected to decline to around 0.3321-0.3448.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Has the Cardano ADA bottom already printed?I have been looking at the Cardano chart today and noticed that the longer-term targets would only be met IF Cardano has already bottomed. So, if you're expecting higher prices for ADA, I would consider this a bottom as when you pull the Fibonacci retracement tool from 2017 highs to the lows it gives a 1.618 target which is in a similar realm as to if you pull the Fibonacci retracement from the all-time high to the recent lows. As shown on the chart
#Cardano Big picture... back to the Teens#ADA's recent price performance has been extremely weak to say the least.
And unlike many other stronger #Alts is testing and breaking the June lows.
No comment on the Technology , (strengths or shortcomings) of the ecosystem.
Simply observations from a Technical perspective,
This coin has given plenty of opportunities on the upside, as shown by the previous bear market inverse head and shoulders / double bottom. Which made target with over-performance.
Exactly what you need to comfortably exit your holdings accumulated during the winter period.
Which takes us to the final leg down NOW...
setting us up for what I believe could be an epic final drop.
I would not be surprised to see it back to 10 cents area (maybe high single digits, in a great unwind)
@TheCryptoSniper
ADA has a bullish chance!Hello every one
🟡Chart is speaking it self!
🌳-ADA is in a falling wedge .
-The breakout has not happended yet.
-if break out happens ADA can reach 0.50 !
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck
✅TS ❕ ADAUSD: support level✅✅ ADA rested on the support level.
The price has formed several depressions here and is currently accumulating in one place.
An upward rebound is possible, after which the bearish trend will continue.✅
🚀 SELL scenario: long to 0.41.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ADAUSD H4: THE BEST Level to SHORT target 30C (SL/TP)(NEW)Why get subbed to me on Tradingview?
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ADAUSD H4: THE BEST Level to SHORT target 30C (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ADAUSD H4 chart review
::: compression in progress
::: limited upside going forward
::: sequence of shallow bounces
::: 1st bounce 50%, 2nd 35%
::: final bounce 20% MAX / WEAK
::: expecting more losses / limited upside
::: limited upside going forward
::: BEARISH CHART limited upside
::: BEARS should focus on SHORTING RIPS / MARKET SELL
::: TP BEARS based on measured move 30 cents
::: expecting fresh selling mid October
::: not a bullish setup / BULLS should stay out
::: heavy x3 rejection from overhead
::: weak structure / BEARS taking over
::: however market structure is WEAK
::: so expect RIPS/RALLIES to get sold
::: to complete the sequence
::: near 30 cents / 35% correction
::: recommended strategy: SHORT RIPS/RALLIES
::: BEARS TP1 35C TP2 30C
::: BEARS SHORT/HOLD at market
::: expecting short-term DUMP
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/DUMP/30C
::: Sentiment short-term: MIXED/RANGE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Cardano (ADA) - October 4Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ADAUSDT 1W Chart)
The key is whether it can be supported by rising to the 0.5184-0.6834 section.
(1D chart)
It needs to move above 0.4482 to turn into an uptrend.
Otherwise, it is expected to fall below 0.3974.
In the medium-term spread trend, it touched the upper uptrend line and fell.(1)
Therefore, it is likely to touch the lower downtrend line next time (2).
The 0.5184-0.6834 section is a section that determines the trend, so it has a strong role of support and resistance.
Therefore, as you get closer to the 0.5184-0.6834 range, you may feel like you have to buy now.
These thoughts can make you buy at the highs, so be careful.
Therefore, it is recommended to buy after confirming the support in the 0.5184-0.6834 section.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
ADAUSDT Now BEARISH🐻Future PARABOLIC🚀Hi 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. 👩🏫
A detailed video update on Cardano / ADAUSDT with 4 confirmations why I am leaning towards the bears SHORT-TERM :
🐻 Technical Indicator Phoenix Ascending which contains the LSMA , EMA and RSI ,
🐻 The Candlestick Analysis ,
🐻 Support zone and Resistance zone analysis,
🐻 The Bollinger Bands.
Considering that these four methods of speculating short term price action are all pointing bearish, we also take a look at the next possible bounce/ support zone for ADA.
NOTE that even though I am bearish short term, I do still believe that this makes for an excellent accumulation phase price . From these levels, the price can likely go PARABOLIC after after finding a bottom as it has previously after reaching lows.
Some altcoins do rally untimely during a bearish market, but it is usually the smaller market cap coins / micro caps that have mini rallies whilst BTC trades lower. Here are a few that I'm watching :
_______________________
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CryptoCheck
ADAUSDThe price is in a long-term downtrend and has reacted to the fork ranges several times, and the problem is in the upper range. If it can maintain its position and cross the green dynamic line and reach the blue range with a fast acceleration, it can be hoped that it will break out of its downward trend.
ADA/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ ADA/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.4664 - 100.0% (59.6992 USDT) ✅
Take-Profit Orders:
1) 0.4814 - 80.468%
2) 0.4927 - 19.531%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Which a way ADA? Well its back at its favorite support of late... break or bounce? Will be watching for a break of the low. A concise break, and Ill be watching for a corrective retrace to play off the underside. If it dips the low, could be a liquidity grab, then I would be watching for a bounce back above this area and a corrective retrace back to this level looking for further upside. If it heads up from here, I would be watching this trendline and some other levels, along with my other confluence friends, for a play. If you have found this inspiring/helpful please consider a boost and follow! Also check out the links in my signature to get to know me better! Cheers!
Cardano - Will the buyer be able to hold his position.After stopping the fall at the current price levels there is a test of the interest zone of the buyer.
If the test is successful, the chart will go to the breakdown of the local trend line, the next target is the middle and the top of the trading range.
The buyer defends its position, with the accumulation on this instrument continues for further distribution at more favorable prices.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ADAUSDT - TRADE PLANCheck out the trade plan for ADA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
👉🏻Two important support in play closer
👉🏻Price requires a bullish breakout on the first support to continue the rally.
👉🏻If price respects the first support as a resistance we will see a pull back towards the support 2 area one more time.