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Cardano ADA price is trying to stop falling) Maybe it will growIf we look at the ADAUSDT price chart globally, we can say that buyers are mega-passive. At a time when quite a few altcoins are trying to grow, the ADA price continues to move in a downward channel, updating the 2022 low in November. And some very strong altcoins, such as MATICUSDT, have long ago left the falling channel and changed the trend of price movement. On the other hand, the ADAUSD price has entered the liquidity zone of $0.28 - 0.35, where it is trying to round up and show signs of a possible trend reversal. If you believe in the positive prospects of the Cardano project, then the liquidity zone of $0.28 - $0.35 is a good place to take a long position for part of the deposit for the long term. Analyzing the current price behavior of ADAUSDT, it is hard to hope for rapid growth. But $0.60- 0.65 for ADA closer to the middle of winter 2023 why not ?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
37
ADAUSDT $36c Likely on PhoenixAscendingHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Here's a short term overview on what we can expect for the price of Cardano for the immediate term. Technical indicator Phoenix Ascending together with Bollinger Bands point towards a potential $0.36c, as we see the RSI and EMA moving up with bullish buying momentum in the short term. IF the green EMA can cross over the 50 line, we can expect movement towards the basis of the bollinger bands, even if it is just a wick. The basis is the 20d moving average currently at $0.36. However, currently with all the bankruptcy happening in the crypto environment, the markets do not look favorable for a new bull cycle, so I expect a resistance zone here. The next immanent support zone is around 0.22c, where there is a high demand zone and this is where I expect a bottom for ADAUSDT to be found. Curious about what Decembers hold for Bitcoin historically? Check out this idea: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
36
ADAUSDT: Is It the Best Time to Buy ADA? 🫣| Nov. 25, 2022 This week, we will stick to the 4-hour time frame to analyze the price action in detail! The bears clearly have had a tight grip on the bulls for the past few weeks as seen in the chart above. ADA has been continuously hitting 52-week lows, the recent one being hit on Monday. Until we see the price reverse, it is risky to take a long position on ADA. Therefore, traders should avoid taking positions until ADA is able to reclaim the resistance at $0.34. The price will show signs of strength only once it is able to sustain above $0.34. Until then, there is a chance of a new 52-week low being hit! Once the resistance is reclaimed, we can expect the price to start approaching our short-term target marked on the chart at $0.38. This view will only be valid if the price is able to sustain above $0.34. We will maintain a bearish outlook on ADA until it is able to reclaim the resistance. The important price levels for this week are $0.34 and $0.38!
by CoinMarketCap
1
ADA Short 👑Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. Today I want to talk to you about the ADA chart. At the moment price break the triangle. Then, I think ADA breaks continue to move down to my goal. My target is located at charts level. I expect this scenario. This is my opinion, I really hope it will be useful for you. Be prepared and save your money. Make big profits!
Short
by UnknownUnicorn6353257
Cardano : repeating bear market shape UPDATE Cardano : repeating bear market shape UPDATE just an update to the last idea (attached), things have become a bit clearer, adjusted the fractal to suit. only thing that is unclear with that idea is whether we get one more fake bounce for a bit or not.. its obviously following the last macro bear moves. question is does it diverge, and when? if it does stop following this i'd expect it to around this price point pivot. gl
BINANCE:ADAUSDShort
by Crypto-Quantum-Fox
9
ADA/USDT - LONG ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ ADA/USDT ⚡️⚡️ Exchange: Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1.0X) Entry Orders: 1) 0.4664 - 100.0% (59.6992 USDT) ✅ Take-Profit Orders: 1) 0.4814 - 80.468% 2) 0.4927 - 19.531% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
Long
by Mahdicryptodotma-pro