ADAUSD BUY/LONG NOW READY (Might still do a restest)Hi All, this is an update based on my previous ADA chart release. You can consider re-entering now already. HOWEVER, note that the market could still fall back to 1.27 - 130.
AGAIN THE OVERALL is still an uptrend yeap.
Technical Analysis
1. Fibonacci Retest to 0.618 (Golden Zone) - Market is bouncing off it already.
2. Retest of Fibonacci Level is also on NEW Horizontal SUPPORT level
Consideration: The market could still fall to 1.27-1.30 range so bear in mind. However, overall and long-term still a strong up all the way to at least 2.00 range.
Adausdtrade
ADA - 6h. We expect a test in the range of $1.45-1.5After almost 2 months of torment, buyers managed to take control of $1.45-1.5 . It was from the 4th time that Cardano buyers broke through this liquid zone and continued their journey with an ultimate goal of $2. However, given the nature of the breakdown of this range and the not too vigorous growth of the ADA price, it seems that buyers will have to continue defending the range of $1.45-1.5.
If we look at the hourly timeframe , how sellers started their local downward trend, we see a significant increase in sales below the $ 1.7-1.72 range. Buyers' unsuccessful attempt to maintain this local range allowed sellers to hit stop orders that were below $1.58-1.64:
Buyers managed to get the price back above this local range, but we do not believe that this local range can become a solid support for the continued growth of ADAUSDT.
In addition, we see that the current wave of growth is taking place at low volumes, which indicates a small number of interested buyers in this range. Therefore, our main scenario is the continuation of the fall in the ADAUSD price with the first target at $1.45-1.5.
Alternative scenario. If the BTC price breaks the mark of $48600, we think that the ADA price will again return to the wide consolidation zone $0.91-1.5 with the first stop at $1.2
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ADAUSDT Ready for Next Bull Run!ADAUSDT (4H CHART) Technical Analysis Update
Resistance Breakout
ADA/USDT currently trading at $1.75
Buy-level: $1.65 - $1.75
Stop loss: Below $1.50
Target 1: $1.85
Target 2: $2.00
Target 3: $2.10
Target 4: $2.20
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Cardano ADA-USD Possible Bullish Flag & PennantPossible scenarios I am looking at:
1. BO of Pennant and test of ATH
2. Break down of pennant and retest of 1.20 area
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
ADA is ready to move to $ 2 and new ATHHello guys, on 11th April in the Bitex group we came to the conclusion that Cardano is ready to start the move from bottom of trend and record new ATH
As I said in the account management group, the oscillators are ready to reverse and price go higher and reverse from bottom of ascending triangle and the time and price correction is over, and now it is ready to break the resistance and move to the prices of $ 1.5 to $ 2.6.
Buy Step : 1.22~1.30
TP :
1.55
1.82
2.12
2.60
3.0
SL : 0.97
nice opportunity to enter long positions in ADABulls passed the $1.03. They will now try to break the moving averages. If they manage to do that we meet $1.48 price for ADA.
On the contrary, if the price again turns down from the 20-day EMA, the bears will attempt to sink the pair to $0.80 and then to $0.70.
ADAUSDTPERPETUAL:#BINANCEFUTURES $ADA #CARDANO
ADA Gearing up for ATH Levels.
#ADA/USDT (LONG)
Entry 1 - 1.207 (30%) (FILLED)
Entry 2 - NA
Entry 3 - NA
🎯 Targets - 1.25✅ - 1.298 - 1.36 - 1.42 - 1.52
Stop loss - At entry 1.207
Leverage - 4x 5x max
Notes:-
*Maximum 4% of Portfolio.
*Unload 20 % at each Target. Whenever TP1 hits, Move stoploss to entry.
@Tbae_Nike
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$ADA - keeping this one simpleAscending wedge again similar to BTC 1D, LTC and DOGE LTF setups from yesterday
Safest entry is buying a retest of the cap of the ascending triangle which is 1.488
If no retest pick up a HL after the deviation level has been claimed, as this confirms bullish market structure
Fundamentally this is a more efficient version of ETH, but at this moment less used
Targets shown on screen, for me mainly the 2.0 at $2 and the measure move at $2.3
Cardano - more sumer surveys...Cardano has been stabilizing its price since near the end of February, oscillating between the 0.618 Fibonacci ranges and touching 1 a couple of times.
Right now the average price with volume marks a lower price (about $ 1.00 approx) although the price is still above, just at another important level (0.786)...
What direction do you think the price will take in the next two or three months?
Will the move be strong enough to hit level 1 again, above $ 1.50?
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Here there are reflected the most relevant levels to take into account, thank you.
Caught within the ascending triangleAfter a small climb in the next one or two days, we have to wait for the black trend line to fall. It seems that the two points marked are the right point to buy
In the timeline, I expect the 21Apr to see a new price, and I do not currently have more than two targets in the chart.