ADA Cardano: Monthly ChartHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Cardano (ADAUSD).
The chart is self-explanatory. With the crypto market going through a correction, Cardano may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance Lines, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Adausd
Cardano/ADA Inverse Head & Shoulders Moves Ahead vs BitcoinSome people are wondering if Altcoins will recover or when will they recover and so on...
Cardano is already recovering and remains printing higher highs and higher lows since Mid-May.
This is true for ADAUSD and ADABTC.
( Check the related ideas below for a full leveraged trade for the ADAUSD pair )
Here we can see the inverse Head & Shoulders Pattern.
Prices trading above EMA50 with a very strong RSI.
Cardano can continue growing in the weeks to come.
Namaste.
Trading Signal For ADAUSDT Cardano Trading Setup:
There is a Trading Signal to Buy in ADAUSDT Cardano .
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 0.4690
⭕️SL @ 0.4280
🔵TP1 @ 0.5450
🔵TP2 @ 0.6365
🔵TP3 @ 0.7560
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
ADAUSD ❕ Cardano feels much better than the marketCardano is moving in a downward channel.
ADA is between two liquidity zones.
Price has formed a double-bottom pattern on dips with declining volumes.
Cardano is looking better than the market right now. Online activity has increased and purchases of the coin have been taking place in anticipation of the hardfork.
I expect that the price can bounce after it fixes above the support level.
ADA/USD - WHY is ADA so STRONG?!?! 🚨ADA held at $0.45 THREE times in the past few weeks while the market crashed to make lower lows... that includes BTC and ETH!!!
This is a major sign of strength, but can ADA sustain it?
That is the big question?
If BTC goes under 20k, then I can't see how ADA will hold up. Best to prepare, but so far, ADA looks sexy.
Bias is neutral on this chart.
Like and follow if you liked my idea!
✅TS ❕ ADAUSD: in a downtrend✅✅ADA is moving in a downtrend. The price breaks through the levels. I expect a rebound from the level down.✅
🚀 SELL scenario: short to 0.4464🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
ADA's Situation: What can be done?ADA is in a Parallel channel Which means the Side way Trend is Still Present. We can not be Sure If Cardano Can break this Channel and Increase to Higher Levels Because there is a Hidden Bullish Divergence (-HD) on MACD which Means the Price is gonna Decrease Soon! So Be careful With your Positions! In a few Days the Trend can be Recognized and we can take Position afterward with less Risk. If the Price Could Increase, It can reach The Resistance which Sits around 0.90$. If the Price Can't Break the Channel It will reach the Bottom of the channel and It will Reach 0.45$ Support zone.
-ADA is in a Parallel channel
-(-HD) on MACD
-No break out yet!
-if price increases, It will touch 0.90$
-if it Decreases, The Price will reach 0.45$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
ADAUSD: Dont Buy Wait For Fall #ADAUSD Analysis
Crystal Clear Sell, Dont Buy Just Wait For The Fall To Happen, + Dont Forget To Match With Your Strategy.
Like + Comments Will Be A Big Support.
Disclaimer:
Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
As close as you can predict the Crypto Macro Lows There goes a saying, that in investing and trading alike, we're not looking to absolute peaks nor absolute bottoms, but the probabilities and asymmetric risk profiles.
This current Price action in crypto, this juicy-juicy volatility showcases the sentiment, the fear, the drama - not necessarily the fundamentals. This is where one would want to step in with a "investment/trading thesis" on the macro (long term) scale. This is it.
None of it all is investment advice of course.
But I'm happy to be buying at THESE prices than at 30,440,$69k USD per BTC, ETH and ADA as my blue-chips
Cardano (ADA): smooth recoveryRegardless of general market sentiment, it might be noted that this was the second good week in the row for ADA. Market showed that there is potential for this coin, as price moves were more oriented toward upside, rather than to the downside. During the first half of the week, the price of ADA was moving toward the $0.7 resistance line, however, US CPI spoiled the game, so the coin reverted a bit to the downside, finishing the week slightly below the $0.6 support line, around $0.55. Support line at $0.50 has not been reached during the previous week.
During the week RSI went from level of 55 down to level of 45. Indicator shows that there is potential for the coin to head toward an overbought market, but it just needs more time. Moving averages of 50 and 200 days are continuing to move as two parallel lines but with downtrend.
Charts are showing that there is potential for ADA`s recovery, but it might be a slow and smooth path in the coming period. The highest threat to this lies on fundamentals. Resistance line at $0.70 has not been clearly tested during the previous week, which increases the probability that the market will turn to this level one more time. On the other hand, if the coin continues to move as per current trend, then $0.50 support is to be tested.
Disclaimer: This article provides exclusive views of the author. It does not in any sense represent a suggestion for trading.
ADA/USD: Bearish channel perspectiveCardano forming a bearish channel in Daily timeframe and it's look to make a bearish movement very soon to explode in this bear market.
Meanwhile to discuss, Cardano in weekly timeframe it's look extremely bearish in this way to $0.25 cents in my own target to watch
The 3 Daily timeframe it's look bearish too, but if we closed up with any bearish signal, we could to get a good information to short ADA very easy
And every trader need to know in short term very near in our trading strategy. Because if you trade in swing trading, you would need to watch all timeframe to know the perspective if you're swing trading and take perspective to make an exit plan when the price goes to reversal. A good lesson that I learned. But now, analyzing in H4 timeframe we see that Cardano break-out this trend up line and we could to see a drop of the price very strong in the analysis
I will work my template because I have good plan to short crypto and stock market and I believe that update my own template and background will be more cool to make a professional analysis.
I hope that my idea support you!!!
And guys, please let's me to know in your comment box the following question:
*The purpose of this question it's just identify what kind of content do you like in the financial market* Because I have a lot followers in my Trading View as Twitter too with a lot interest in me.
1) What financial market do you like to make everyday content it?
a) Forex
b) Cryptocurrencies
c) Stock Market
d) All of them (Forex, cryptocurrencies and Stock Market)
2) Why do you like it what you choose in the question # 1 and how I can to work to make better educational content for you?
cardano.i shared this ada projection awhile back (privately) - check it out 👇
we ended up poking my first target almost perfectly.
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can this dip be a completed wave 2 correction?
potentially,
but it's more probable that this move down was merely the first of three waves.
a move up to approximately $1.12~$1.50 is theoretically possible from here,
followed by the final decline to complete this primary wave 2.
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it is very possible that all the other alts do a similar thing, which is what i would actually prefer to see.
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ps. i share a ton of private ideas, if you are interested in seeing something specific, send me a pm.
ADAUSDT has broken below the trendline
After rejection from the resistance line the price has broken below the trendline with series of red candles. The pattern indicates that the price can continue to go lower to 0.5150
💎 ADAUSDT
🔵 Entry zone 0.5840 - 0.5483
🟢 TP1 0.5150
🟢 TP2 0.4220
🟢 TP3 0.3510
🔴 SL 0.6740
Good Luck 🎲
Trading Signal For CardanoTrading Setup:
There is a Trading Signal to Sell in ADAUSDT Cardano (Futures)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 0.637
⭕️SL @ 0.674
🔵TP1 @ 0.515
🔵TP2 @ 0.422
🔵TP3 @ 0.351
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
TS ❕ ADAUSD: falls downADA falls down after rebounding from the resistance level. The price makes corrections, but in the main direction now it is falling to the support level.
SELL scenario: short to 0.4464.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Update for ADAHello Traders,
Unfortunately ADA broke the 0.6 support.
Also BTC Just broke a MAJOR support that was holding us for couple of weeks now, waiting for confirmation with 4h and 1d candle closes.
But till this happen, That my 3 major move that ADA can move according to it in all cases of BTC moves.
I lean more with a retest to 0.6 then going back.
ADA reached my Ascending wedge target ( didn't share it as an idea) and the H&S target.
Thumb up for more.
ADA will be sharp, But Check this analysis firstHi guys,
listen:
1- next bull run will be like the shown bar pattern at the right side of the chart, a sharp upward and downward movement. so make sure you don't buy with FOMO, it will give you the next buying opportunity either
2- make sure wherever you bought, you sell off at least 70 percent of your portfolio at R3
3- buy in steps, down to the green area. don't All-In.
Leave comments down below