ADAUSDT
ADA/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis Everyone, what are your thoughts on the charts? Please share your comments regarding the ADA Weekly Update.
Earlier this month, ADA found robust support at 46 cents, culminating in a 2.6% weekly price rise. With the key support intact, buyers may strive to reassert dominance over price movements.
Presently, ADA faces resistance at 61 cents, a level yet untested. A potential relief rally could ensue if support remains unbroken, potentially leading to a challenge of key resistance.
Looking forward, if buyers successfully halt the downtrend, they could endeavor to steer ADA back onto an upward trajectory in the forthcoming month.
I have tried to bring the best possible results in this chart.
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ADA: Channel Down PatternTrade setup : Trends are mixed. Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.
📈Cardano 2D Long Scenario / It's time for ADA📉BINANCE:ADAUSDT
COINBASE:ADAUSD
Hello dear traders.
⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr.
📈 What to Expect Next?
💡As long as ADA is above the $0.5682 level, the bullish scenario is quite valid.
The bullish scenario targets are on the price chart.
🔑Key Insights:
📈If the bulls stabilize the price above the 0.5682 area, the accumulated volume will activate the green scenario.
📉On the other hand, if the price fails to stabilize above the $0.61, second scenario is going to happen.
ADA: Channel DownTrade setup : Trends are mixed. Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.
Honestly, I don't feel like explaining, the chart says it all !!Hi.
COINEX:ADAUSDT
✅Today, I want to analyze ADA for you in a 12H time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 Starting 5th waves.
✨Targets are:
🎯$0.52
🎯$0.57
🎯$0.62
🎯$0.685
🎯$0.73
🎯$0.775
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Cardano provides probably last opportunity before pumpHi everyone,
After reaching local high at 0.8 which was indicated in my previous idea Cardano started to decline falling up to 0.57 support level. Few times ADA price bounced from this support and again trading around it.
Since halving is coming and usually real altseason starts after this event I think that ADA price is placed in very good spot to enter in to position. Cardano price already showed its willingness for rise and it's obvious that price will start pumping very soon.
There is 0.46 support level to consider up to which price can continue to fall before and after the halving but I doubt that we'll see ADA price lower than that.
Overall current ADA price provide rare opportunity to enter a position but downward move up to 0.46 is possible.
Please, do not forget to boost this idea & share it with your friends; thanks.
[ADAUSDT] - health correction done , now get bullish!ada reached the bottom 20% bearish wave as expected
it hit the lower side of broadening wedge and 0 level of fib in 2d chart...after making the H&S pattern
ada bouncing back well after that correction and expected to reach the top of the broadening wedge pattern
targets: 0.55 - 0.60 - 65 - 0.90
stoplose:0.44
if u see this idea helpful then press "like" , "follow" to provide more ideas and updates🎯
ADA: Approaching SupportTrade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Swing Traders: That support zone could be robust and a potential swing trade entry, with +15-20% potential upside back to $0.57.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.
🐳Cardano will Go Up Again🐳Hi.
BINANCE:ADAUSDT
✅Today, I want to analyze ADA for you in a 12H time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 Starting 5th waves.
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA’s Price Spike 8% As Cardano’s Treasury Hits $1.5 BillionThe treasury of Cardano, a decentralized blockchain platform, currently holds a value of $1.5 billion, reflecting a growing confidence and support for the Cardano ( CRYPTOCAP:ADA ) ecosystem. This accumulation of funds is noteworthy due to the upcoming shift in decision-making authority regarding the use of these treasury funds. Unlike traditional centralized systems, which often involve a select few making decisions, Cardano ( CRYPTOCAP:ADA ) has adopted a decentralized approach to empower its community in determining the allocation of these resources.
Despite recent market challenges, Cardano's native cryptocurrency, CRYPTOCAP:ADA , has demonstrated notable resilience by rebounding 8%, indicating strength amidst adverse conditions. The price of CRYPTOCAP:ADA has been volatile lately, with a 20% plunge since April 12, which can be attributed to broader fluctuations observed across the cryptocurrency market. Nonetheless, despite the short-term fluctuations, technical analysis and historical trends indicate CRYPTOCAP:ADA 's potential for sustained growth, fostering optimism.
The current state of CRYPTOCAP:ADA showcases robust trading volume and open interest, indicating growing investor confidence in its future trajectory. Its current price stands at $0.49547, supported by a market cap of $18.2 billion. Additionally, Cardano's open interest has surged by over 7.43%, reaching $167.2 million. Investors are closely monitoring CRYPTOCAP:ADA 's price movements, particularly in light of recent turbulence in the broader cryptocurrency market.
As Cardano ( CRYPTOCAP:ADA ) continues to evolve and expand its ecosystem, the outlook remains positive, with CRYPTOCAP:ADA well-positioned to play a significant role in shaping the future of decentralized finance and blockchain innovation. With a clear focus on scalability, interoperability, and sustainability, Cardano ( CRYPTOCAP:ADA ) is poised to realize its vision of creating a more inclusive and accessible financial system for all.
ADA/USDT show a bouncing from the support, potential back to UP💎 The recent market dynamics surrounding #ADA have indeed been quite notable. Currently, ADA is positioned on the support area.
💎 Historically, when ADA has touched this support area, it has exhibited significant upward movement. Therefore, there's potential for ADA to replicate this pattern by bouncing off the support and resuming its upward trajectory, possibly testing the bearish OB area.
💎 However, if ADA fails to sustain the support or bounce effectively, it could signal a loss of momentum and potentially lead to a breakdown below the support level. This would result in continued downward movement, possibly towards the Bullish OB area.
💎 At the Bullish OB area, a bounce and reclamation of price above the support level would be essential to resume the upward trend. If successful, ADA may have an opportunity to reach our target level. Conversely, if ADA fails to hold above the Bullish OB and breaks below it, further downward movement may ensue.
ADA: Approaching SupportTrade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Price is also oversold (RSI < 30) and could bounce up near-term. Swing Traders: That support zone could be robust and a potential swing trade entry, with +15-20% potential upside back to $0.57.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.
ADA is gonna Reach $1 One way or another!!!Hi.
BINANCE:ADAUSDT
✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 Starting 5th waves.
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Cardano Update: Growth Since Entering at Wave 4Since entering Cardano at Wave 4, we've seen a 30% increase and anticipate further growth towards the overarching Wave (1). Subsequently, as expected, there should be a Wave (2), which would likely result in a deeper retracement, potentially flushing some participants out of the market. However, there remains a significant upside potential until then. The exact peak of Wave (1) is yet to be determined. We've already secured some profits and have adjusted our stop-loss to our entry price to avoid unnecessary risk. Given our long-term investment in several altcoins, there's no need for greed. Should we surpass Wave 3 significantly, we anticipate a ceiling around $0.90. Rest assured, we'll keep you updated, especially if there's an opportunity to take profits beforehand.
ADA/USDT SPOT BUY SELL ZONES 13.03.2024I am pretty bulish about ADA , it left so much liquidity and few high time frame BPR's (balance price range/ double imbalances) during the last drop.
This BPR's are will be my take profit levels, only about 30% of my spot position will reach the ath (even if it ever will). It is possible target to reach but i am playing it safe.
Green thick bars are places to buy, for quick correction, deeper, and my favourite: correction for the entire upward movement. I will place there my orders waiting for quick wick
#FILUSDWith the news of the war between Iran and Israel, the elephant currency may drop to $4.30. The best point to buy the elephant currency is $4.30. This currency has a short-term target of $16 or even higher and a target of $52. Therefore, investors with Consider the numbers and buy at your own risk.
ADA - Time to Do or Die!Clarification:
1. I am hoping ADA will recover and perform well. However, hope is not a trading strategy; this chart is mega-bearish.
2. The chart is on the weekly TF, but the EMAs are the Daily EMAs.
Analysis:
1. ADA lost the upward-sloping trendline on April 2nd.
2. ADA was unable to reclaim the uptrend on April 8th.
3. As a result, ADA dropped to its initial support level of 45 cents.
4. Should ADA fail to reclaim the trendline, it is in danger of completing a Head and Shoulder Pattern on the weekly TF.
5. The Pattern’s target is 8-cents.
Initial Invalidation:
• Reclaim the trendline and the daily EMAs, whichever comes first.
Final Invalidation:
Make an HH above 82 cents.
Best wishes
ADA: Approaching SupportTrade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Swing Traders:That support zone could be robust and a potential swing trade entry, with +15-20% potential upside back to $0.57. Stop Loss (SL) level at $0.55.
Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.