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ADAUSDT

ADA/USDT Weekly Chart Update.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: ADA is currently holding a historical supporting trendline that hasn't been broken since March 2020. A rebound can be expected, potentially allowing the price to test the resistance trendline at $0.58. The 35EMA can be considered a primary resistance level. A rejection or breakdown below the support line will likely drop the price by 34%, or in the worst case, 60%. On the higher side, a breakout above the 35EMA and the resistance trendline could trigger bullish sentiment and a rally toward the all-time high. Key Observations: ~ Primary Support/Entry: $0.3732. ~ Support 1/DCA: $0.2431. ~ Support 2/DCA: $0.1486. ~ Resistance 1: 35EMA ($0.48). ~ Resistance 2: $0.58. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
2
Cardano ADA price at a crossroads before further movementLooking at the global #ADAUSDT chart One question arises : - Did the ABC correction already end in April at $0.40 in 🟥the red scenario? - Or is there another dive down to the $0.30-0.34 area according to🟦the blue scenario? The critical level from below is $0.40 The critical level from above is $0.50 Fixing the CRYPTOCAP:ADA price below or above the critical levels will decide the further price movement. Globally, in the medium or long term, we would like to see the price of #Cardano at least $1.5 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
Honestly, I don't feel like explaining, the chart says it all !!The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
1
ADAUSDT.1DIn this technical analysis of the ADA/USDT daily chart, I'll delve into the current price trends, identify key technical levels, and analyze the implications of the observed indicators to project potential future price movements. Key Observations: Current Price and Movement: ADA/USDT is currently trading at $0.3876, marking an increase of 3.09% today. This movement indicates a positive sentiment in the short term. Support and Resistance Levels: R1 (Resistance Level 1): $0.3606 - This level has just been surpassed, suggesting it might now act as a support if ADA maintains above it. R2 (Resistance Level 2): $0.5263 - Represents the next significant resistance, a breach of which could confirm a bullish trend. S1 (Support Level 1): $0.2255 - This is a critical support level, providing a floor for the current price. S2 (Support Level 2): Not specifically marked but would be relevant if S1 fails to hold. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line is slightly above the signal line, indicating a bullish momentum, though the proximity of the lines suggests caution as momentum is not strongly bullish. RSI (Relative Strength Index): At 37.52, the RSI is approaching the lower bound of the neutral zone, indicating that ADA is neither overbought nor oversold but is moving towards potentially being undervalued. Analysis and Conclusion: The recent price increase in ADA/USDT, alongside the MACD positioning above the signal line, points towards a growing bullish sentiment. Having surpassed R1 at $0.3606, maintaining this level will be crucial for ADA to attempt a rally towards the higher resistance at R2 ($0.5263). The slight rise in RSI also supports the possibility of further upward movement, provided that ADA remains stable or grows in buying volume. Investors and traders should watch how ADA behaves around the newly established support at R1. A failure to hold above this level could see ADA retracing towards S1 at $0.2255, especially if broader market conditions turn unfavorable. Conversely, sustained positive momentum could see ADA targeting R2 in the upcoming sessions. In summary, ADA/USDT shows signs of recovery and bullish potential, with critical watch points at R1 for potential support and R2 for resistance. As always, traders should employ prudent risk management strategies, keeping an eye on broader market trends and news that could impact the cryptocurrency's price dynamics.
Long
by MarsSignals
ADA/USDT Trade Alert: Bullish Butterfly Pattern Indicates PotentThis report provides a detailed technical analysis of the ADA/USDT pair, focusing on the formation of a Bullish Butterfly Harmonic Pattern at a key support area. Based on the analysis, we propose entry, stop loss, and multiple take profit levels to maximize potential returns while managing risk effectively. Bullish Butterfly Harmonic Pattern Pattern Formation The ADA/USDT pair is currently exhibiting a Bullish Butterfly Harmonic Pattern. This pattern is characterized by specific Fibonacci retracement levels which indicate a potential reversal from the current bearish trend to a bullish trend. The completion of this pattern suggests a high probability of an upward price movement from the identified support area. Key Support Area The key support area has been identified at 0.385. This level has historically shown strong support, making it a strategic entry point for initiating a long position. Trade Recommendations Entry Point Entry Price: 0.385 The entry point is set at 0.385, aligning with the completion of the Bullish Butterfly pattern and the key support level. This entry ensures that the trade is positioned to capitalize on the anticipated bullish reversal. Stop Loss Stop Loss: 0.358 A stop loss is placed at 0.358 to limit potential downside risk. This level is strategically chosen below the support area, ensuring that only a confirmed breakdown below the support will trigger the stop loss. Take Profit Levels To manage profits effectively, multiple take profit levels are set as follows: TP-1: 0.41200 TP-2: 0.43900 TP-3: 0.46600 TP-1: 0.41200 Conclusion The formation of the Bullish Butterfly Harmonic Pattern at the key support area suggests a high probability of a bullish reversal for ADA/USDT. The recommended trade setup, with an entry at 0.385, stop loss at 0.358, and tiered take profit levels, offers a balanced approach to risk and reward. Traders should monitor price action closely to adjust the trade plan as needed based on market conditions. Please ensure to conduct your own analysis and consider current market conditions before executing any trades.
BINANCE:ADAUSDLong
by trading_jupiter
ADA Swing long idea The ADA (Cardano) long thesis derived from analysis of Fibonacci retracement, with particular emphasis on the golden pocket retracement level. The analysis is complemented by robust backtesting, a key horizontal level which acts as a support zone. The identification of a potential Swing Failure Pattern (SFP) and alignment with a predictive parallel channel acts as technical confluence, reinforces confidence in the long bias. In navigating the upward trajectory, traders should identify and monitor key horizontal levels, which may serve as profit-taking opportunities. Concurrently, the implementation of risk management is imperative to mitigate downside exposure.
Long
by DepecheGST
SasanSeifi 💁‍♂ Daily Price Analysis (ADA)Hi there!✌ As can be seen on the daily timeframe, the price has been on a downtrend from the 0.80 cent range. Following the breakdown of the 0.45 low, the price has experienced positive volatility within the liquidity range. Subsequently, after reacting to the 200 EMA range, it has once again faced correction due to the failure to establish above the 0.50 cent range and the EMA. Further correction to the 0.38 cent demand zone and the 0.30 cent zone can be considered. The probable trend is also indicated in the figure above. After ranging and positive fluctuations, we are expected to see a further correction to the demand zone and the BULLISH BB. Then, we can expect a ranging trend and a positive reaction from the demand zone. In case of positive fluctuations, to better understand the continuation of the price movement, it should be observed how the price will react to the important 0.50 cent range to better understand the continuation of the price movement. The 0.50 cent range is a significant resistance level. In addition, Expect ranging with potential for further correction followed by a bounce off the demand zone. The key resistance is 0.50 cents. A breakout above 0.50 cents and the 200 EMA could signal growth to 0.55/0.60 cents. Please note that this is not financial advice and should not be taken as such. Always research and consult with a financial advisor before making investment decisions. Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌ if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
by SasanSeifi
Considering a Long-term Long position at ADA ( Cardona ).As we know ADA reached a higher high last February. That means it shows strength to rise again, even to make a higher high. Some might say Change of Character (CHOCH) formed here. What I am seeing is not CHOCH, just gaining some strength while BTC is going down. Closing a candle above 0.525 in 1W TF will be a huge confirmation to go even further. I am waiting for the Break of Structure (BOS) or CHOCH in the 1H-4H timeframe.
Long
by terayu
DUMP These LOSER ALTCOINS (•_•)This post is not aimed at meme coins but instead at projects that were once titans in the crypto space, or coins that just didn't live up to their fundamental promise. I'm not saying you can't win with these coins, you can obviously win with any coin if you swing trade when there's volume. This post is more aimed at bag holding - and the future prospects of your investment. 1) HBAR Unfortunately, HBAR had a great idea but didn't succeed in securing market dominance. The other factor to consider here is that HBAR was never created to be a speculative coin, but instead to be used on the native blockchain in software solutions. Similar to XRP, this makes me wonder if the team just used the asset for liquidity to finance business projects. 2) XRP Ahh, Cripple. Love to hate it. This one needs no introduction. Foul play and forever unable to reclaim it's status as a trust-worthy asset. 3) LTC I've been bullish on Litecoin for a long time... perhaps too long. Made some profits on it, but I'm afraid the higher TP points aren't looking reachable any time soon. Similar to CRV, it's healthy to know when to jump a sinking ship. Both have evolved way past their original form and there is just no use case that could justify new ATH prices. 4) ADA I've said it before, and I'll say it again - I don't have faith in altcoins (NOT TALKING ABOUT MEME COINS) that lose more than 85% of their ATH. I'm more specifically referring to the titans/giants. Rugs these days could do -99% in a day - that's not what I'm looking at here. These were projects that boasted loud about their fundamental usecase and set ridiculous targets for itself. (Remember how Chris Larsen said XRP CAN'T be under $1?) Welp, he's not the only one that oversold his coin and took the market for a fool. 5) ALGO I'm divided on this one. Perhaps if you give it your best shot, you may still change my mind. But the chart looks terrible - nowhere near previous ATH and shows no sign of getting there any time soon, either. You can really see how these coins got left behind if you compare them with Bitcoin. Overlay any of these with the BTC chart, and you get something similar to this: Again, you could swing trade these - but bag holding and hoping for better days are counterintuitive to the fast-moving pace of cryptotrading. Make sure you follow to receive the latest updates! ______________________________ BINANCE:HBARUSDT BINANCE:XRPUSDT COINBASE:LTCUSD BINANCE:ADAUSDT COINBASE:ALGOUSD
BINANCE:XRPUSDShort
by CryptoCheck-
13
Honestly, I don't feel like explaining, the chart says it all !!Hi. BINANCE:ADAUSDT 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 🎯$0.775 ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
ADA: Support Zone Detected, Potential Price Increase! ($ADA)ADA may have found support above $0.42! Price is setting higher lows and retesting the 50-day MA (resistance) for the third time. Bullish on ADA? Consider entering a trade between $0.46 and $0.48 with Take Profit targets at $0.58-$0.60 (first resistance) and potentially $0.6650-$0.6870 (next resistance). Stop Loss: $0.40 (daily close below invalidates the trade). Consider adding to your position if price closes above the 50-day MA. RSI reset on daily and weekly charts suggests price might be finding a low. #ADA #Crypto #TechnicalAnalysis #SupportZone #BuyZone
Long
by Richtv_official
ADA TM : 1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
by itsbluemorpho