ADA - Bearish coming ... 1 Day Analysis this is my idea about ADAusdt and I have two reasons why it will turn into a bearish move:
1- In general we are in descending channel and most likely it will get rejected near the channel.
2-the bearish divergence CCI show is clearly obvious.
what is your opinion?
Adausd
Cardano (ADA) - August 4Hello?
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(ADAUSDT 1M Chart)
The key is whether it can be supported by rising to the 0.5184-0.6834 section.
(1W chart)
The key is whether it can find support near 0.4893 and move above 0.5184.
If it falls below the 0.3321-0.3974 range, it is likely to enter the long-term investment zone.
If the price is maintained above 0.6834, it is expected to continue the upward trend from a mid- to long-term perspective.
(1D chart)
Primary resistance: 0.5587-0.5960
Secondary resistance: 0.6834
1st support: 0.4591-0.4893
Second support: 0.3321-0.3974
You should see support above the 0.4591-0.4893 zone and see if it can move above 0.5184.
The 0.5184-0.6834 interval is the interval that determines the trend.
Therefore, if it is not supported in the 0.5184-0.6834 section and falls below 0.4591 and becomes resistance, a Stop Loss is required to secure cash.
However, since you can touch the 0.3321-0.3974 section and climb, you should also think about countermeasures.
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** 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 through split trading. It is a short-term investment perspective.)
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AdaCardano could rise 200%hello traders
Adacardano could rise a massive 200%. The technical picture shows there is an initial price diamond structure that created 4 waves and the last impulse wave was about a 200% rise. The same diamond price structure has been replicated at a slightly lower level. And you can see in the second structure price is completing the last impulse wave for another possible 200% rise. These are two identical pairs of fractal. Ada could rise to about $2.5
I expect price movement to find support along the last diagonal line on the second fractal. You can always come back to check weekly when price hits the diagonal support for a cheap entry.
Follow me for more well-researched technical analysis and super tight price entries on Forex pairs, Indices, Futures and Crypto in the next coming days/weeks.
Good luck!!
Adacardano could rise a massive 200%hello traders
Adacardano could rise a massive 200%. The technical picture shows there is an initial price diamond structure that created 4 waves and the last impulse wave was about a 200% rise. The same diamond price structure has been replicated at a slightly lower level. And you can see in the second structure price is completing the last impulse wave for another possible 200% rise. These are two identical pairs of fractal. Ada could rise to about $2.1.
I expect price movement to find support along the last diagonal line on the second fractal. You can always come back to check weekly when price hits the diagonal support for a cheap entry.
Follow me for more well-researched technical analysis and super tight price entries on Forex pairs, Indices, Futures and Crypto in the next coming days/weeks.
Good luck!!
Cardano (ADA) 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ADA/USDT UPDATE :-
The support at $0.43 has held well and could be the push ADA needed to break the key resistance, which would then allow the price to rally all the way to $0.66, the next target should $0.55 fall. The indicators give a bullish bias, and the current volume favors bulls.
Looking ahead, expect to see ADA attempt a breakout from $0.55, which could embolden bulls to go straight to $0.66 next. Success there would mean Cardano can finally fully exit the flat trend established back in May. This would be extremely bullish if it happens.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
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Path back to $1, with another chance to accumulateWell, the bearish scenario played out since I last looked at ADA back in February, and we saw the predicted drop to around $0.40 -- a hefty 88% retracement from the ATH.
I was buying at $1, so you can bet I'm buying here too!
Weekly RSI has bottomed out at 30 (an all time low), and low TF structure leads me to believe we might be heading for a retest of the downtrend line. No need to FOMO though... I think we'll likely have another opportunity within the accumulation zone before ultimately heading back towards $1. But if you're like me, and you think we'll see $4-$5 ADA prices within the next couple of years, $0.50 doesn't sound like such a bad price in the grand scheme of things.
Don't forget the broader economic context though, and that things could still get worse before they get better. Some are even calling for $0.10 ADA. I think that's unlikely though, and hindsight will prove this to be one of the better buying opportunities of the bear market.
ADA, Bull and Bear Way.So if ADA gets a retrace here soon I would be watching for this to set up. This is an ideal area I will be looking. A break below .47 would be a bit sus and would reconsider things but the actual invalidation to to this, the bullish set up is noted on the chart. If helpful please boost and follow. Cheers!
ADAUSD ❕ held the lower boundary of liquidity zoneCardano is moving in the liquidity zone.
Trading volumes show declining interest in further price declines.
ADA entered the bullish zone RSI (1H TF)
TD Sequential has formed an up reversal signal (1H TF)
I expect that ADA will continue to grow in the range after fixing above the resistance level.
ADAUSDTThat's an analysis based on the trend line, price action, and wave analysis. I see a good opportunity when I see the chart on a multi-timeframe. Therefore, I am looking for a suitable entry zone(point), and if after the news of the interest rate increase by the Federal Reserve (Central Bank of America), it will not break its support zones, it will be a good risk to buy and get a good profit.
✅TS ❕ ADAUSD: two towers✅✅ADA formed two towers and went down. The price is falling heavily and we can expect the trend to continue✅
🚀 SELL scenario: short to 0.446.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Cardano Reverses from $0.55 but Bulls are UpbeatPast Performance of Cardano
Cardano buyers are still in the driving seat when writing, adding six percent in the past trading week despite losses in early July 25 sessions. Technically, ADA prices have more headroom and could register more gains in the sessions ahead following the reversal of losses posted in the second half of last week. From the daily chart, the July 18 bull bar is defining and a surge above the $0.55 level would confirm gains and trigger more ADA demand.
#Cardano Technical Analysis
Buyers are upbeat and may propel prices higher in a bullish breakout formation. Per the candlestick arrangement in the daily chart, the immediate support level is at around $0.50. The reaction at this round number and the middle BB seems to be anchoring the current state of price action and acting as a loading point from where buyers can ramp up. Going forward, traders may continue finding entries on dips, targeting June 2022 highs at $0.66 in the medium term especially if there is a solid gain above $0.55, or last week’s highs. Conversely, any sharp dump, sustained below $0.50 with rising trading volumes, would shatter bulls' confidence, triggering a sell-off towards $0.45.
What to Expect from #ADA?
ADA prices may likely continue outperforming the markets in the short to medium term, propped by fundamental factors. Therefore, any correction toward $0.50 could provide ideal entry points for aggressive bulls.
Resistance level to watch out for: $0.66
Support level to watch out for: $0.50
Disclaimer: Opinions expressed are not investment advice. Do your research.
Buy Cardano @ 0.80 and Hold for LifeThe last chance to buy ADA under $1.00 will come when price drops near $0.80 for Wave 4 of its first defined impulsive wave!
Based on current logarithmic fib levels, there’s a great chance that primary Wave 5 will reach near the $250 price point in the years ahead.
Still my favorite crypto coin by far.
Trading opportunity for ADAUSDT - CardanoBased on technical factors there is a short position in :
📊 ADAUSDT Cardano
🔴 Short Now 0.5159
🧯 Stop loss 0.5428
🏹 Target 1 0.4977
🏹 Target 2 0.4747
🏹 Target 3 0.4232
💸Capital : 1%
We hope it is profitable for you ❤️
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$ADA - Is it time to buy?$ADA - Is it time to buy?
Beautiful pattern brewing of triangle formation, a break above the bulls are in control and the next area of interest would be the channel we are in towards resistance area of 200 EMA and then taking it towards the area next resistance zone 2 and this follows same if bears get in control bounce below 21 EMA then there marks the support areas 1 & 2.
TJ
ADA/USD: Weekly Outlook AnalysisCardano still in this bearish trend that could to reach down to $0.24 cents as possible good point to start accumulate this cryptocurrency by long term. But I believe that we could to see ADA around $0.24 cents in the end of this bear market.
Right now, Cardano it's above in the support #1: $0.41 cents and important key zone to watch, in case that Cardano get a break of this support, we could to see that the price can to move to $0.19 cents, but my realistic price could be $0.24 cents.
But now, if you want to buy Cardano, wait for $0.24 cents. Because I plan to re-buy Cardano.
I hope that this idea support you!!!
Cardano (ADA) - July 23Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ADAUSDT 1W chart)
Whether or not it can move higher than 0.6611 is key.
(1D chart)
The key is whether it can find support near 0.4619 and move above 0.5290.
A move above 0.5290 is likely to break out of the downtrend line and lead to further upside.
A move below the 0.3448 point or near the uptrend line could lead to further declines, so trade cautiously.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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Cardano (ADA) • Great RR hereCardano chart is looking great. I think good odds we see an 80% rally from here.
Most technical indictor on LTF are now aligning and structurally speaking price trading at or above 0.45-0.49 range.
Trading under invalidates and requite reclaim of clear levels described above.
Potential Targets toward 0.8 - 0.9 range.
Using standard indicators Weekly MACD and RSI also primed for up move.
Unless it fakes out by trading under 0.45. but I think odds are good for a break up considering low volumes produced on this last leg down.
Does it mean it the end of bear market for Cardano? I don't think so
Instead of trying call top/bots just follow the trends and technical structures is my advice.
ADAUSDT 12H Future of Cardano price will be decided at weekendIt has been 3 weeks since the publication of our previous idea for ADAUSDT, but in fact, almost nothing has changed on the schedule.
The ADAUSD price is further traded in consolidation. Although the rebound of the price of ADA from the bottom for the past week was 30+%, it still looks weak in the context of consolidation. So it can be not to said with confidence that the buyers have won.
So, the main task for the weekend for Cardano buyers is not to allow the ADAUSDT price to fall below $0,43-0,45. Completing this task activates the price movement along the blue route, with the first target $0.66
Force majeure, panic hysteria and a fall in the cryptocurrency market, or the banal lack of Ada buyers - these are factors that can help the ADAUSDT price to be below $0,40.
Fixation of the price below $0,40 may provoke a further fall in the $0,28-0,31 zone. This should be remembered
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ADAUSDT - Stop Hunt with Wyckoff Method📉📈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.
A quick look at Cardano / ADAUSD / ADAUSDT . I believe that we are currently in the market cycle of accumulation , according to the Wyckoff Method market phases. The four phases of the market cycle are accumulation, markup, distribution, and markdown.
During the accumulation phase, a new cycle begins that generates a trading range. The pattern often creates a strong resistance zone / failure point / spring . This is the precursor to another bull cycle, but it can last an extended period of time. The final moments of this phase will attract algorithm trading driven stop hunting , often observed near downtrend lows, where price drops just underneath key support and then triggers a sell-off. This is followed by a recovery wave that lifts the price back above support.
So - What Is Stop Hunt ?
Stop hunting is a strategy that attempts to force traders out of their positions by driving the price of an asset to a level where many people have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and this is often very obvious during the accumulation phase of the Wyckoff Method.
If we take all of the above into consideration, the price of Cardano can still drop and fall within a range multiple times until a clear bottom is established and the next markup phase / bull cycle starts. In the video above, I take a look at possible bounce zones and a target for the SOS ( sign of strength, a price advance on increasing spread and relatively higher volume ). I have also highlighted the next phase of the accumulation cycle, the BU (back-up). At this point, short-term profit-taking occurs and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up (SOS) .
Here, I did an analysis on Bitcoin / BTCUSD / BTCUSDT using the Wyckoff Method:
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