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ADAUSDT

DOW THEORY APPLIEDADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases: 1) An accumulation phase 2) A public participation phase 3) A distribution phase The accumulation phase represents informed buying of the investors. The public participation phase is where the prices advance rapidly along with great news. In the distribution phase, the same "informed investors" who "accumulated" near the bottom begin to "distribute". Right now, we might expect a couple of months-long Accumulation Phase before any rally due to Public Participation. For more information on Dow Theory, you can read "Technical Analysis of Financial Markets" by Johny J. Murphy
Education
by Mr_Banker
ADA/USDT Bullish Scenario Incoming !!💎 At present, ADA is undergoing a retest within its supply zone, hinting at a potential move downwards towards the demand or Bullish OB region between $0.270 - $0.253. Should the price touch this zone, we could witness a bounce-back, propelling ADA towards an upward trajectory to challenge the resistance trendline and the subsequent supply zone. 💎However, if ADA swiftly breaches the supply zone and firmly establishes above it, it might skip the demand zone altogether, setting its sights directly on the resistance trendline and the supply points at $0.379 and $0.428. 💎On the flip side, should ADA fail to hold the Bullish OB, it's plausible for it to carve a new lower low, indicating a deeper descent. 💎 Paradisers, keep a keen eye on these potential market movements! 🌴
by MyCryptoParadise_Nathan
ADAUSDT Price Dynamics and Potential Bearish Signals💎In recent times, #ADAUSDT has witnessed a significant price spike that caught many sellers off guard. However, it is crucial to delve deeper into the price action to gain a more comprehensive understanding. Could this sudden surge be a stop-loss hunt, designed to shake out the bears before a major price decline ensues? Let's explore the evidence. 💎 One notable aspect is the recent price action, specifically the bounce from the 200 Exponential Moving Average (EMA) on the daily chart. This serves as an intriguing signal, suggesting a potential reversal. Moreover, we observe how the price spiked above the EMA, reaching the supply zone, but was ultimately unable to surpass it. This observation underscores the significance of the $0.38 supply zone, as it continues to maintain the long-term bearish trend for #Cardano. 💎 Additionally, #ADA remains within the confines of a descending channel, providing further validation of the prevailing long-term downtrend. With this in mind, it is prudent to anticipate a minor upside pullback before a substantial drop occurs. This potential pullback could elevate the price to the $0.35 level, which aligns with a double Fibonacci resistance, adding strength to the expected price decline. 💎 Looking ahead, the anticipated drop could be as significant as a 50% decline over the coming weeks or months. The key support level to monitor resides at $0.1767, further reinforced by a double Fibonacci level, as illustrated on the chart. As Paradise Club members, it is crucial to remain attentive to these developments. 💎 In conclusion, the MCP team is diligently monitoring the current pullback, seeking the optimal entry point for a short trend strategy. As always, we are committed to providing timely updates and guiding our Paradisers toward informed decisions amidst the evolving market conditions. Stay tuned for further analysis. 🌴
Short
by MyCryptoParadise
Cardano staying above 0.3 levelHi guys, let's look at the current situaition on Cardano. There is nothing much changed on Cardano since my last idea. ADA price is still fighting to stay above 0.3 support level and it's good sign for the bulls. But the only problem here is that Cardano's price is falling faster than growing. The ADA price is showing that it's unable to rise to 0.35 level and it's keep trading just above 0.3 support level. In case if Bitcoin price drops under 29k level then we surely will see ADA price dropping under 0.3 level. Overall I'm still bearish on Cardano as its price unable to show any signs of life. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
2
it's time to going up for ADAUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want closed the position but our target is the third one) be rich... and doing and living in the best quality *-* (Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management) ************************************************* if you want to enter in this position: Enter Price: 0.3136(when completely closed here or higher, not different) Target1: 0.3155 Target2: 0.3192 Target3(Final Target): 0.3221 Stop loss:0.3111 *************************************************
Long
by MakingMoney444
ADA 1D ReviewHello everyone, I invite you to review the ADA chart in a one-day interval. As we can see, the price has broken the downtrend lines, but you can see that the price is moving just above it, which could bring the ADA back into the downtrend. Let's start by marking the price support spots and we see that first we have a $0.28 to $0.25 support zone, however if the price goes down we have another support at $0.22 and then a $0 support at $18. Looking the other way, we can similarly identify the resistance points that the price has to face. And here we see that the current price quickly moved back to the resistance zone from $0.33 to $0.36. We still have $0.38 resistance, only when price breaks out will have to break through the very strong $0.40 to $0.42 zone. As you can see, the attempt to exit the EMA Cross 200 up failed and the price quickly returned to the downward trend. The CHOP index indicates that we have a small upward movement and a lot of energy is gathering, the RSI indicates a sideways trend and movement around the middle of the range, be careful because the energy collected can be used for dynamic movement. The STOCH indicator indicates that we can expect small increases, however, downward movements give a much larger price movement.
by cryptodailyuk
ADA/USDT bullish move incoming!! ?👀Cardano Today Analysis💎ADA is gearing up for an impressive bullish move. 💎 A few days ago, ADA effectively mitigated the bearish Order Block (OB) after grabbing liquidity, setting the stage for a downward move. 💎 Currently, ADA is trading in a demand area, and we anticipate the price to reach the level where it first faced rejection. 💎 The significant surge in volume is also indicative of a potential upward move. There's a bullish OB present at $0.2895, and we expect the price to reach this level before initiating a bullish move. 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
Thoughts on CardanoHi guys, let's look at the current situaition on Cardano. After recent price spike on Cardano its price went for correction phase testing 0.3 support. It seems like 0.35 level will be unbreakable for Cardano price in the near future. I expect that ADA will try to break it several times, sometimes even make fake breakouts but overall I don't think that Cardano price will manage to stay above this level. Anyway I'm pretty much sure that ADA will stay above 0.3 mid-term and will be trading within 0.3-0.35 price range. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
by Real_CryptoRoy
6
BTCUSDT H4 : SHORT SETUP Hi Guys Hope you well. Finally, Bitcoin has left the long-term trading range. I expect to move with an erosion movement towards the ceiling of the dynamic channel, which is at the same time the supply area and FVG in low time. In case of a fall, the price should be checked in the range of 28400 zones. we can expect the price to rise, but the behavior of the candlestick should be checked. SecondChanceCrypto ⏰25/JULY/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments.
Short
by Secondchancecrypto
ADA 4HInterwal Resistance and SupportHello everyone, I invite you to review the ADA chart in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the local downtrend channel in which the price is currently moving. Now let's move on to marking the places of support. And as you can see, we have the first support at $0.29, then we have a support zone from $0.27 to $0.26. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first significant resistance at $0.33, and then the price needs to break the resistance zone from $0.35 to $0.37. The CHOP index indicates that there is a lot of energy harvested. The MACD indicator indicates a transition to a local uptrend. On the other hand, on the RSI we are in the middle of the range, which makes it difficult to turn the direction of the price, but adding the collected energy and entering the uptrend on the MACD, we can see an attempt to increase the price.
by cryptodailyuk
Cardano ADA price at a crossroadsAt the beginning of the year, ADA holders rejoiced that their coin was one of the first to break the long downward trend and that its price was expected to grow strongly. However, there were 5 attempts to break above the strong mirror level of $0.42-0.43 and all failed, so it turns out that "someone" was selling out. Did "they" know in advance that in early June, the SEC would say that Cardano's ADA is a security and that the ADAUSDT price would strong fall on the negative news? I would like to believe that this is a coincidence, but the crypto market is currently unregulated and anything can happen. We're keeping our "fingers crossed" that ADAUSD buyers will manage to break through and gain a foothold above $0.295. This will open the way for them to reach at least $0.36, and if they are lucky, the notorious $0.42-0.43. However, we must also admit that if you look at the global chart, you can see that the ADAUSDT price still has room to fall. For example, to $0.17-0.18. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
34