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ADAUSDT

ADA/USDT ChartReviewHello everyone, I invite you to review the ADA chart in pair to USDT, on a one-day interval. First of all, we will use the blue lines to mark the uptrend channel from which the price has gone down and we are currently moving below the downtrend line. As we can see, the exit from the channel resulted in a decrease in price, similar to the size of the channel itself. Moving on, we can move on to marking support areas when we start a larger correction. And here we see that the price is currently holding a strong support zone from $0.28 to $0.23, however, if the support does not hold the price, we can see the price drop quickly to the next support at $0.10. Looking the other way, we see that the first resistance is at $0.31, when the price breaks it, the second resistance will be at $0.34, then we have a strong resistance zone from $0.37 to $0.40, only when price breaks it, it will move towards the resistance at $0.46 for it to continue rising. Please look at the CHOP index, which indicates that we have touched the end of the range and now we can see the price turnaround, the MACD indicates that we are in a downtrend, while the RSI has a large rebound below the lower limit of the range, which in combination with the CHOP index can give room for growth prices.
by cryptodailyuk
Cardano in free fallHi guys, let's look at the current situaition on Cardano on 1D price chart. In my previous idea I indicated strong support line at 0.3018 but I expected that the price at least will test this line first and only after that will break it. In any case, that support was broke and there is another one at 0.249 which at the moment also seems to be broken but I expect some correction from here. It also important to look at volume on 1D timeframe. Today, there is extremly high volume and for me it's good indicator that from current level will be some correction. But I don't expect big correction though. If this post is useful to you, you can support me with like/boost and advice in comments.
Short
by Real_CryptoRoy
6
$ADA/USDT 2D (#Bybit) Descending trendline breakout and retestCardano is pulling back to 50MA support and seems to be done with the downtrend, let's prepare for mid-term recovery. ⚡️⚡️ #ADA/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 4.6% Current Price: 0.4051 Entry Zone: 0.4014 - 0.3618 Take-Profit Targets: 1) 0.4798 2) 0.5536 3) 0.6275 Stop Targets: 1) 0.2995 Published By: @Zblaba CRYPTOCAP:ADA #ADAUSDT #Cardano #PoS #L1 Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +51.5% | +90.1% | +128.9% Possible Loss= -43.0% Estimated Gaintime= 3-4 months cardano.org
Long
by TradingOn
I Cannot Short This !!!The ADAUSDT is in a Bullish phase by strong bullish rejection. The price shows a strong bullish rejection from the PRZ ZONE. ⬆️Long if we break the 0.236 fib level 🌟 Bullish signals are: - strong bullish rejection - PRZ ZONE - Bottom of bollinger band ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
7
ADA - CARDANO - in charles we trust ; the neverending story IVADA - CARDANO - in charles we trust ; the neverending story IV Ok, this ship looks to me to be turning. its all there on this blessed chart. which i diligently read the tea leaves for you to succeed in this casino. cardano did 100x+ TWICE. from the same frigin price point in two different cycles. iam pretty sure she goes for a third. does it all play out exactly the same? maybe, prob not, but i bet it will be pretty similar. key points here; check that momentum signature at the bottom there. the same shape. same levels basically. maybe we get that second option for another nuke 40% or so but my money (irl) is on that relief bear market pump first. then some black swan to wipe everyone out again and thats when cycle 3 begins. this will be my last ADA chart for awhile. think ive been over doing it. now we've had some interesting price action it was time to do this last one and sit back and see what happens. I AM ACCUMULATING lfg. take me to the promised land charles.
BINANCE:ADAUSDLong
by Crypto-Quantum-Fox
21
ADAUSDT at weekly support, probability favors longThe price has hit the weekly and monthly combined support and the price has bounced from there. A long is favorable from this support. In case this support is lost, next support levels are weekly support WS2 and monthly support MS2 as marked on the chart. It seems that the current support will hold on the weekly level so probability favors long. But in case in coming days/weeks this level is lost, long will be favorable from the next weekly support WS2.
Long
by angela_altair
Cardano (ADA) will finish bear market!Hello, everyone! Now it's time to talk about my favorite altcoin BINANCE:ADAUSDT . Couple of weeks ago I told you that the huge rapid dump in wave 3 is anticipated. The forecast was almost correct. The only one thing, I assumed that bull trap in wave 2 will be a little bit higher, but anyway $0.22 price target we have seen today. To understand what is coming next let's take a look at the price chart. After the bullish rally which we have seen in the first half of 2023 BINANCE:ADAUSDT has started it's last bearish impulsive wave. Wave 1 touched the support trendline. After the consolidation in the wave 2 we have seen the huge impulsive breakdown. Wave 3 had two targets $0.27 and $0.20. The area between these two prices is the target area which has been reached today. Awesome oscillator is also increasing the momentum to the downside, which confirms my assumption about the wave 3. If we assume that wave 3 has been finished or almost finished we have the clear target for the potential bounce where our automated trading strategy close the accumulated on this dump positions. The target is 0.38-0.5 Fibonacci retracement which is approximately $0.3. After the bounce I expect the last bearish wave 5 inside the last bearish wave in the entire bear market. It's too early to measure the target for the bear market bottom. We need waves 3 and 4 to be completed, but anyway I am ready for the upcoming bull market in the nearest future for Cardano. At the same Bitcoin can dumping, but BINANCE:ADAUSDT can show the sideways or even recovery during this period. If you ask me about my personal feeling about target price - I think $0.17 is gonna be the bottom. Best regards, Ivan _____________________________________________________________ 🔥Please, follow me and smash the rocket🚀 button to support me🔥
by Skyrexio
3