Adausdlong
ADAUSDT $36c Likely on PhoenixAscendingHi 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. 👩🏫
Here's a short term overview on what we can expect for the price of Cardano for the immediate term. Technical indicator Phoenix Ascending together with Bollinger Bands point towards a potential $0.36c, as we see the RSI and EMA moving up with bullish buying momentum in the short term. IF the green EMA can cross over the 50 line, we can expect movement towards the basis of the bollinger bands, even if it is just a wick. The basis is the 20d moving average currently at $0.36.
However, currently with all the bankruptcy happening in the crypto environment, the markets do not look favorable for a new bull cycle, so I expect a resistance zone here. The next immanent support zone is around 0.22c, where there is a high demand zone and this is where I expect a bottom for ADAUSDT to be found.
Curious about what Decembers hold for Bitcoin historically? Check out this idea:
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ADAUSDT: Is It the Best Time to Buy ADA? 🫣| Nov. 25, 2022
This week, we will stick to the 4-hour time frame to analyze the price action in detail!
The bears clearly have had a tight grip on the bulls for the past few weeks as seen in the chart above. ADA has been continuously hitting 52-week lows, the recent one being hit on Monday.
Until we see the price reverse, it is risky to take a long position on ADA. Therefore, traders should avoid taking positions until ADA is able to reclaim the resistance at $0.34.
The price will show signs of strength only once it is able to sustain above $0.34. Until then, there is a chance of a new 52-week low being hit!
Once the resistance is reclaimed, we can expect the price to start approaching our short-term target marked on the chart at $0.38. This view will only be valid if the price is able to sustain above $0.34. We will maintain a bearish outlook on ADA until it is able to reclaim the resistance.
The important price levels for this week are $0.34 and $0.38!
ADA Cardano Long?ADA Cardano Technical Analysis:
- There is a formation of a falling wedge creating lower lows: falling wedges tend to break to the upside.
- Previous Falling and Rising wedges have played out already.
- Will the current Falling wedge break out to the upside?
- A BULLISH Divergence is also forming on a 1HR Chart
-- But how far upside? Take a look at the POC - point of control price and volume at the red line. $0.40
--- Will we make it to $0.40 based on the technical? What are your thoughts?
Follow for daily charts. Cheers
ADA Cardano
#ADA # Cardano
Trading opportunity for long position ADAUSDTBased on technical factors there is a Long position in :
📊 ADAUSDT - Cardano
🔵 Long Now 0.4242
🧯 Stop loss 0.3991
🏹 Target 1 0.4590
🏹 Target 2 0.4890
🏹 Target 3 0.5435
💸RISK : 1%
We hope it is profitable for you ❤️
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Trading Signal For ADAUSDT CardanoTrading Setup:
There is a Trading Signal to Buy in ADAUSDT Cardano.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.370
⭕️SL @ 0.340
🔵TP1 @ 0.460
🔵TP2 @ 0.520
🔵TP3 @ 0.600
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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Trading Signal For ADAUSDT CardanoTrading Setup:
A Trading Signal is seen in the ADAUSDT Cardano.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.390
⭕️SL @ 0.380
🔵TP1 @ 0.425
🔵TP2 @ 0.445
🔵TP3 @ 0.465
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 .
Trading Signal For ADAUSDT CardanoTrading Setup:
There is a Trading Signal to Buy in ADAUSDT Cardano.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.3446
⭕️SL @ 0.3396
🔵TP1 @ 0.3580
🔵TP2 @ 0.3686
🔵TP3 @ 0.3830
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 .
Trading Signal For ADAUSDT CardanoTrading Signal:
There is a Trading Signal to Buy in ADAUSDT Cardano .
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.3540
⭕️SL @ 0.3500
🔵TP1 @ 0.3627
🔵TP2 @ 0.3707
🔵TP3 @ 0.3850
#Pullback_Strategy
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ADAUSDT 15 % pump (NEW)Recently we have published an idea where we expect ADAUSDT to break the support and drop 40 %.
It looks that the support is still holding and now we expect the price to have a 15 % bounce to get rejected one more time from the downsloping resistance line.
It may be the last bounce before the next leg down as the trend overall remains bearish.
Easy trade to strategize:
Buy at the support,
Sell at the downsloping resistance
Stop loss below the support
Good luck
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
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)
ADA I have 2 scenarios for the movement of this chart. Pay attention to the movements that I showed. be patient . Enter the position with confirmation.
I posted this post after a while and neither myself nor my country nor the people of Iran are doing well. And for now, I will not post until my country is doing well #mahsa_amini #iran