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Cardano (ADAUSDT): the probability of resuming long-term growth.●● Preferred count ● Cardano / TetherUS (BINANCE) , 🕐TF: 1D Fig.1 The correction within the framework of the expected wave (2) , the beginning of which was successfully predicted in August last year , could have already been completed at the level of 0.3300 , taking the form of a single zigzag A-B-C . _______________________________________ ● Cardano / TetherUS (BINANCE) , 🕐TF: 6h Fig.2 The presence of formed waves 1-2 , the first of which will exceed the top of wave B of (2) , will allow you to enter a long position without fear for the probability of continuing the development of the descending wave C of (2) . _______________________________________ ●● Alternative count ● Cardano / TetherUS (BINANCE) , 🕐TF: 1D Fig.3 As an alternative scenario, we can assume that the entire descending structure is a wave A as part of a zigzag A-B-C . The thing is that the lateral formation, which in this version of the count is assigned the marking ((iv)) , can be identified as a combination with a triangle at the end. 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
Long
by TradeWaves-EWA
Cardano (ADA) - October 31Hello? 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 rise above the 0.5184-0.6834 section and be supported. (1D chart) We need to see support near 0.3974 and see if we can move higher than 0.4380. This is because the 0.4380 and 0.4893 points are the points where the HA-Low indicator of the 1W chart passes, so if the price is maintained above these points, the uptrend is expected to continue. However, since the 0.5184-0.6834 section is the section that determines the trend, in fact, it is expected to show a full-fledged upward trend when it rises above this 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.) ---------------------------------
by readCrypto
2
Cardano : repeating bear market shape UPDATE Cardano : repeating bear market shape UPDATE just an update to the last idea (attached), things have become a bit clearer, adjusted the fractal to suit. only thing that is unclear with that idea is whether we get one more fake bounce for a bit or not.. its obviously following the last macro bear moves. question is does it diverge, and when? if it does stop following this i'd expect it to around this price point pivot. gl
BINANCE:ADAUSDShort
by Crypto-Quantum-Fox
9
The next target of buyers!ADA recorded good price growth during the last week. Cardano's price reacted positively with high trading volume as it hit a good support area at the bottom of the short-term descending channel. I expected a positive reaction from this area. The price has grown up to the midline range of the channel, i.e., the resistance of $0.415-0.430, and after the collision, a negative reaction has been observed due to the bearishness of the overall trend. With the good growth recorded, Cardano's trend in the 4-hour time frame is bullish due to the formation of higher ceilings and floors. Also, the support of the previous ceiling range at the price of $0.38 has prevented the price from falling further. The point is that due to the strong reaction seen in the first encounter with the $0.415 resistance, there is a possibility that the price will enter a range trend for Cardano. This trend can continue between the specified levels, and in general, as long as the support is held, the resistance is more likely to be broken. If the resistance is broken, the next target for buyers will be in the range of $0.46 to $0.47. This target is near the ceiling of the descending channel, and a stronger reaction can be expected from it.
by MonoCoinSignal
35
ADAUSDT Major rebound to the 1D MA50, unbroken in over 1 month.*** *** For this particular analysis on Cardano we are using the ADAUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where ADA is following the general market bullish sentiment (led by Bitcoin), rising by more than +15% in a day and is about to hit the 1D MA50 (blue trend-line). This level has been unbroken since September 13. The first short-term bullish break-out was done today as in the meantime, the price broke above the (dashed) Lower Highs trend-line of the September 10 High. A break above the 1D MA50, would be the second short-term bullish break-out and can target the top (Lower Highs trend-line) of the Falling Wedge pattern that is dictating the trend since the May collapse. A break above that level, if it coincides with a break above the 1D MA200 (orange trend-line), would be a medium-term bullish break-out and targets the August 15 High. The level that would shift the trend back to long-term bullish territory would be the 0.6900 May 13 High. Note that an additional signal for a medium-term bullish break-out to pay attention to, would be the RSI (on the 1W time-frame) breaking above the 40.17 Resistance, which made a Double Top so far both on August 14 and September 11. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
Cardano (ADA) – pump to $0.4 and then crash!Hello, everyone! Last time I told you that Cardano flashed the insane long signal and I bought it at $0.37 and 0.35 for 10% of deposit in total. Yesterday I found that I made a mistake on Bitcoin analysis. The final target for the BTC bear market is next to $12k. In this case ADA will reach $0.24 in next couple of weeks. I will show you next time the global scenario for the Cardano. Today I wanna show you that $0.4 is the reliable target and there I will close my long trade. On the picture we can see the wave 3 in the global wave 5 in details. The most rapid part of this wave have been already ended. 1.61 Fibonacci extension have been perfectly reached, it means that now it’s time of the upside correction in the local subwave 4. I expect zigzag ABC. Fibonacci 0.5 retracement is the reachable target which is located approximately at $0.4. I plan to exit long here and open short position. Best regards, Ivan _______________________ Guys, if you like my trading ideas, please support me with your boosts and comments!
by Skyrexio
7