Get started

ADAUSDT

Cardano ADA Continues Outperform The Market In JanuaryHello, Skyrexians! In our recent analysis on BINANCE:ADAUSDT we predicted the price growth above $1.20 when the price was $0.37. When price reached the $1.30 we told you that it's time for retracement to $0.8. Cardano reached exactly this target and has already bounced. You can find all this predictions in this article . Now it's much more important to understand what is the next move. Let's take a look at the daily time frame. After reaching the local top price has printed red dot on Bullish/Bearish Reversal Bar Indicator and dumped -40%. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . Dump has been stopped inside the Fibonacci 0.5 zone with the green dot on this indicator. This is the strong sign that corrective wave 2 has been finished. The next target is 1.61-2.61 Fibonacci extensions. We suppose that price can reach $2.5-$3.5 in January-February 2025. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
11
ADA Technical Analysis: Strong Uptrend with Key Signals## 📊 Comprehensive Technical Analysis of the Market ### 1️⃣ Overall Market Trend - **ADX (Average Directional Index):** The current ADX value is 34.68, indicating a moderate to strong trend. With +DI (38.09) significantly higher than -DI (13.90), the market is currently assessed as bullish. 🔍 **Impact on Decision-Making:** The dominance of buyers suggests that the bullish trend may continue unless signs of reversal emerge. Traders can anticipate further upward momentum. --- ### 2️⃣ Overbought and Oversold Conditions - **RSI (Relative Strength Index):** The current RSI is 69.71, close to the overbought zone (70+). - **Stochastic Oscillator:** %K is at 82.00, and %D is at 87.64, indicating the market has entered the overbought zone. 🔍 **Impact on the Market:** Being in the overbought territory suggests a higher likelihood of short-term corrections or price pullbacks. Traders should avoid opening new long positions and prepare to reduce or exit positions if price patterns indicate a reversal. --- ### 3️⃣ Moving Averages Analysis (EMA and SMA) - **Short- and Long-Term Moving Averages:** All moving averages (EMA and SMA) across 10, 20, 50, and even 200-day periods indicate bullish signals. - Example: EMA10 at 0.94 is above SMA10 at 0.95, and the current price of 0.9594 is above all averages. 🔍 **Impact on Trend:** This alignment confirms the continuation of the bullish trend, making it an opportune time to enter long positions, provided stop losses are set. --- ### 4️⃣ Key Indicators Analysis - **MACD (Moving Average Convergence Divergence):** The MACD value of 0.0258 is above its signal line at 0.0209, issuing a weak buy signal. - **Momentum Indicator:** Momentum is at 0.04, reflecting a slight upward trend. - **CCI (Commodity Channel Index):** CCI20 is at 83.12, nearing overbought conditions. 🔍 **Conclusion:** Indicators generally favor bullish momentum, but caution is advised due to potential corrections. --- ### 5️⃣ Key Support and Resistance Levels - **Support Levels:** - Support 1: 0.8229 (Classic S1). - Support 2: 0.7868 (Fibonacci S3). - **Resistance Levels:** - Resistance 1: 0.9229 (Classic R1). - Resistance 2: 0.9868 (Fibonacci R3). 🔍 **Significance:** Support levels can be used as potential entry points, while resistance levels can serve as targets for taking profits or exiting positions. --- ### ✅ Summary and Actionable Insights 🔹 **Recommendation:** The overall signal is bullish, but given the overbought conditions (RSI and Stochastic) and proximity to resistance levels, traders should exercise caution. Risk management is crucial, with stop-losses set near support levels. 🔹 **Reasoning:** Momentum and MACD confirm the bullish trend, supported by strong moving averages. ⚠️ **Disclaimer:** This analysis is fully automated and generated by AI. Please use your own expertise and ensure proper risk management before making any decisions.
Long
by Trading-Robot-ir
ADA - Time to buy again!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to $1 or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
3
Diving into ADA: Profits, Sharks, and Technical Targets!Hello community, The ADA coin has gone through various phases. Initially, whales accumulated below 0.4 USDT for an extended period 🐋. However, after the price surged by 250%, a correction became expected as investors sought to capitalize on their profits 💰. Notably, the key level between USDT is significant due to the presence of sharks 🦈, who are intermediate-term investors. Their strategies rely on real volume profiles , which are not commonly discussed on media platforms like YouTube or Instagram, as they necessitate data analytics and volume studies 📈. The technical price objectives are depicted in the chart 📊. The first objective stands around 1.14 USDT, reflecting a 150% profit for sharks🦈 The second objective is at 1.6 USDT, indicating a 600% profit for whales 🐳 However, it's crucial to note that these objectives are based on technical analysis and may change depending on market conditions 📉📈. 🚨 Attention Traders: Beware of Imitations! It's come to my notice that many are adopting my ideas and even discussing them on their channels. But here's the deal: stick with me for the real deal, no services for sale! Boost to encourage more unique insights and ideas to flow. Together, we can navigate the markets with authenticity and success! 💡💪 Happy trading !
Long
by Monstralian
1
ADA Analysis: Key Levels and Trend Outlook 2024.12.28Hello, this is Greedy All-Day. Today’s analysis focuses on ADA (Cardano). Weekly Chart Analysis Looking at the weekly chart, ADA is currently within the green box frame. However, unlike the past, where the price oscillated within a box range with alternating bullish and bearish candles, the current zone has seen three consecutive bearish weeks, signaling persistent selling pressure. Key Support Zone: Red Box The red box represents the resistance level from 2022 before the breakout. It is now acting as a support zone under test. If the support holds: ADA may follow a similar range-bound movement as seen in the green box on the left. If the support fails: ADA is likely to drop further into the yellow box zone. Breakdown Scenario: If the yellow box support also fails, ADA may enter the blue box frame, with the potential to decline to as low as 0.216. Daily Chart Analysis The daily chart reveals several bearish patterns: Head & Shoulders (H&S) pattern is complete. Descending Triangle pattern is also complete. Key Observation: ADA is currently holding the 0.87 support level. However, if the price breaks below the Ichimoku Cloud on the daily chart, the bearish patterns suggest a significant loss of buying momentum and a potential shift to selling pressure. Target: If the bearish scenario unfolds, the expected sell-off could lead to a 51% decline, with the price first testing the yellow box zone. Additional downside potential will depend on whether support emerges in the yellow box zone. 4-Hour Chart Analysis The 4-hour chart confirms that ADA has broken its short-term trendline, indicating a definitive shift in momentum. Buying pressure appears to have dissipated, suggesting that the bullish trend is effectively over for now. Upside Potential: For ADA to regain bullish momentum, it would need to climb back above $1.00. Until that happens, the market should be approached with a sell-oriented perspective. Conclusion ADA is currently in a bearish trend, with critical support levels being tested. If 0.87 support holds, a temporary range-bound movement may occur. If it breaks, ADA could fall to the yellow box zone or even enter the blue box frame, with a potential low of 0.216. For now, a sell perspective is more appropriate, with cautious monitoring of the $1.00 level for potential signs of recovery. Trade wisely, and best of luck! 🚀
Short
by Greedy_allday
Be careful with ADAUSDT !!!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to $1.07 after breaking this wedge, but considering the Christmas holidays, this might take a bit longer. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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/USD "Cardano vs USD" Crypto Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the ADA/USD "Cardano vs USD" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📉 : New Entry Traders / Robbers should enter a short trade after the breakout of Blue Moving Average Level, however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 3H period, the recent / nearest high level. Goal 🎯: 0.6500 Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
EIGHTCAP:ADAUSDShort
by Thief_Trader
4
TradeCityPro | Cardano : On the Way to a New ATH👋 Welcome to TradeCityPro! In this analysis, I will review the ADA coin for you. The Cardano project is one of the major projects in the crypto space and has been among the top 10 coins by market cap for a long time. 📅 Weekly Timeframe: Moving Towards ATH In recent weeks, ADA has shown a strong upward trend, forming significant lows that serve as support levels for the price. 📈 Currently, the price is struggling with the resistance level at 1.2046, and if this level is broken, the next major resistance will be the ATH. 🧩 The RSI oscillator entered the overbought zone during the price pump, reaching 82.87, and is now in a corrective phase, moving below the overbought level. 📊 The buying volume in recent candles has been substantial, supporting the trend and showing convergence. 🔽 In case of a correction, the first support level is at 0.7683, which the price has already reacted to once. If a deeper correction occurs, the last support for this bullish leg is at 0.4322. ✅ The primary support levels are 0.3166 and 0.2427, which are critical and unlikely to be easily lost. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
19
ADA. Spot Entry Alert: Perfect Fibonacci Reversal! 12/24/24BINANCE:ADAUSDT The market experienced a pullback, with the price returning to the lower boundary of the range. After breaking its support, it moved to a high-volume level, where strong buyers were present. Additionally, a proper Fibonacci correction was achieved, which might signal a potential reversal and an attractive spot entry point. The $0.9388–$0.9088 range appears appealing for purchases, with targets at $1.2350–$1.3264. DYOR.
Long
by trendbooster
1
ADA/USDT Trading Scenario UpdateThe asset has shown a strong upward trend, rising from $0.3190 to $1.3264, indicating increased market interest. This growth was accompanied by higher trading volumes, which confirms its strength. Currently, ADA is in a correction phase, which has already retraced over 40% from its peak. The key POC (Point of Control) level of the current local uptrend cycle is at $0.5979. This volume-based level could serve as support and potentially mark the beginning of a reversal. For investors, this represents a good entry point to purchase the asset at a more favorable price before a potential altseason. It’s important to monitor the price action near this level, as its reaction could determine the further direction of movement.
by Rick_SimpleSwap
ADA - Time to buy again!As I mentioned in previous analyses, ADA finally broke the wedge and the price turned bearish. However, now if the price can break the 0.618 Fibonacci line, it can rise up to $1. previous analyses Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
ADA. Correction Opportunity: Don’t Miss This Entry! 12/20/24BYBIT:ADAUSDT The market experienced a pullback, and the price returned to the lower boundary of the range before breaking through its support and moving toward a high-volume level, where a strong buyer was present. We also saw a proper Fibonacci correction, which might indicate a potential reversal and a good entry point for a spot position. I'm entering with 0.5% of my deposit and will add another 0.5% in case of further correction. DYOR.
Long
by trendbooster
4
Be careful with ADAUSDT !!!I think the price is trying to form a bullish flag, but I'm not sure yet. After the bullish flag breaks, we can say that the price will increase. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Short
by CobraVanguard
1