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ADAUSD Moment of truth for CardanoCardano (ADAUSD) has suffered a strong pull-back along with the majority of the crypto market last week, dropping again below its 1D MA50 (blue trend-line) for the first time in almost 1 month. Still, it is so far contained within the short-term Channel Up that started after the July 13 Low. The RSI on the 1W time-frame may be showing a smooth reversal to the upside since May 29 but if the July 13 Low breaks, the bearish dynamics of the long-term Channel Down may come into play again and as with the April 30 break, may lead to a Lower Low at or below the 2.0 Fibonacci extension, which is now at $0.275. As long as the Channel Up is sustained however, Cardano will most likely make a Channel Up Higher High right on time to test the 1D MA200 (orange trend-line) for the first time since November 24 2021! Certainly this seems to be the moment of truth for ADA. -------------------------------------------------------------------------------------------------------- ** 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
5
Cardano entry in the sell-off now!!! Beware!!!Cardano forming a possible bearish evolving pattern in weekly timeframe what we could to expect another crash in the price. My first support it's around $0.27 cents, what we could to expect it, but everything what depend how it's behavior their volatility. But making a bought around $0.27 cents it's a possible good zone to bought and more below like $0.24 cents. Remember that Cardano it's one of the top cryptocurrencies that it's very favorite for a lot crypto-enthusiastic, included me, Also, I thinking that Cardano it's one of my best cryptocurrencies to take in my radar in the next years and it's a big competitor against Ethereum. Now, I interesting to bought Cardano at $0.27 cents and accumulate it by long term. I'm very enfocous in just 4 cryptoucrrencies: Bitcoin, Ethereum, Cardano and XRP. They'll the best cryptocurrencies and top in the fintech that I heard a lot about it. But investing in Cardano very cheap, this will be the last opportunity that you can't to missing it in your one time in your life to see this big disccount So guys, this it's my own perspective how I see Cardano I hope that this analysis support you!!!
BINANCE:ADAUSDShort
by harisonhbn9718
4
ADA triangle breakoutCardano seems to be accumulating to break up this triangle📐 and if that is the case then I think there is chance for run to 0.601 and even higher. Setting BUY STOP-LIMIT order to current range high to catch the breakout. ENTRY : local high @ 0.5476 STOPLOSS (SL) : local low @ 0.5205 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.601 REWARD RISK RATIO (RRR) : 2 INVALIDATION : when SL level hit Check the parallel setups on DOGE: and SHIB: Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
Cardano (ADA) - August 17Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ADAUSDT 1W chart) The key is whether the 0.5184-0.6834 zone can be supported and move up. (1D chart) If it finds support at the 0.5587-0.5960 level, I would expect a breakout attempt at 0.6834. If resistance is found at 0.5587, it is expected to touch near 0.5184 and move higher. If it falls below the 0.4591-0.4893 section, there is a possibility of a sharp drop, so be careful. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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
ADA bullish signal. Potential gain of 114% !! 🚀🚀ADA Bullish case: 1. Bull Supertrend Ninja - Clean signals (green vertical line on the background). 2. Ascending Triangle (pink lines) 3. Breakout Ichimoku imminent 4. RSI Bullish zone, at the edge of breaking out of the ranging zone 5. ADX Bullish zone and DI+ upwards pointing 6. RSI Higher high, higher lows 7. Price Higher high, higher lows 8. Price above BB: Basis 9. Price above LSMA Potential gain (orange price range) of 114% to 1.15 USD forming Leg A of the Elliot Wave. Let the GAINS begin !! Supports and resistances are highlighted in grey blocks. Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Long
by Kch28
2
ADAUSDT - Ready For 0.66 Supply Zone🐻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. Let's take a quick look at short term and near term for Cardano / ADAUSDT . It's very clear from the chart that we are currently trading in the accumulation phase (Wyckoff Method). This means that the bottom is possibly in, or, we could make one final wick to test the lower support level. Watch this 4min video to find out more. Related News Highlights in Crypto 👀 ❗ Blackrock launches private trust, offering clients exposure to spot Bitcoin (bullish for BTC) ❗ Binance will support the Monero XMR upgrade (bullish for XMRUSDT) ❗ Ripple shows interest in acquiring assets from bankrupt Celsius Network (good fundamental case for XRPUSDT) ❗ Ethereum POS (proof of stake) merge estimated for 15 September (expect price volatility for ETH) If you're interested in Ethereum, check out this idea : If you're new in this space and want to learn a bit more about blockchain and DeFi, this one is for you: __________________________ 👀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-
21
Cardano look bearish in weeklyCardano look bearish in weekly chart as we see that we're in the bullish correction before to continue drop. But we hope to find down a good opportunity to short ADA, I believe that it's not far to reach down $0.17 cents, but this it's some possibility to happen. But Cardano could to reach down to $0.27 cents in the next weeks to see. Also guys, buying Cardano below of $0.30 cents it's very good to accumulate ADA in this bear market and preparing your cash to buy this cryptocurrency and hold for ever until reach your own goal. Also, I draw the Cardano logo here and look precious and beautiful my design to present this cryptocurrency for crypto-enthusiastic. I hope that this analysis support you!!!
BINANCE:ADAUSDShort
by harisonhbn9718
1