Adausdtradeidea
Cardano is on Fire!🔥⚡ #ADA $ADAIt can be said that most of the crypto market coins are ready to explode, but all eyes are on bitcoin. There are three goals for Cardano in the diagram, all three of which are resistance.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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ADAUSD 4h SHORT Entry and Target!ADAUSD 4h SHORT Entry and Target! - Using Market Structure, Price Action and everything else into account this would be a very good scenario that might play out, I will be taking profits at our previous low since we also have a 2.618 Fibonacci Extension right below it that doesn't necessarily have to be broken but I would love to come down to the 3-1 Fibonacci Extension since we also have a Weekly there. GOOD LUCK! AND REMEMBER, THIS ISN'T A GUARANTEE BUT RATHER AN IDEA, DO YOUR OWN RESEARCH AND TECHINICAL ANALYSIS BEFORE ENTRING TRADES!
Cardano Inches Its Way Towards a Bullish Break Of Falling Wedge-ADA has held major support of $1.15 strongly
-Price has formed a large falling wedge pattern
-ADA has failed to hold its 30 day MA
Cardano has had a rough last couple weeks as price has fallen nearly -25% to its major support. This price action was not out of the ordinary as the majority of the cryptocurrency market also fell as a result of BTC dropping to its $31,000 support level. Price has been stuck in a near 3 month downtrend as bears have not given up control. Although, there are some signs a trend change may be in the process.
Shown in green, Cardano has been forming a falling wedge pattern the last 3 months. This pattern is similar to the one spotted on BTC & it is generally a bullish pattern. In the short term, bulls must break & hold the major resistance zone found at $1.20-$1.27 to have a shot at revival. If ADA manages to break & hold this mark, we can then say price is out of its falling wedge pattern in a bullish way. This will likely cause a push to major resistance of $1.34.
If Cardano turns bullish in the short term, it must then tackle the 30 Day MA. This MA has held price down since the beginning of June. If bulls fail to do so, price will likely retrace back to its major zone of $1.20-$1.27. If this also fails, we can expect ADA to touch back to support of $1.20, $1.14 & $1.09, respectively.
While looking at the RSI, we can see strength has been basically flat lined for months. This has created a descending channel like structure which needs a strong breakout to either side to have a confirmed trend change. The Stochastic RSI has been hanging out in oversold territory which is a sign a reset has occurred which may have set the stage for another bullish push.
ADA intraday levels
Spot rate: $1.21
Trend: Bearish
Volatility: High
Support: $1.15
Resistance: $1.27
ADA at heavy resistance areaADA is now at the heavy resistance area and also at the downtrend line. This is no trade zone for ADA, wait for a clear breakout and retest or for rejection. The support, for now, is around $1.7-$1.2 area and the heavy demand zone is near $1. This is not a good time to enter in ADA.
Cardano- strongly bearish under 1.5Like a lot of coins, also Cardano is trading at an important juncture.
At this point, AdaUsd is trading just above 1.5 very important support and if bulls can't manage to hold the price above a new wave of selling could bring the price at 1usd.
In my opinion, this will be the case and I'm looking to sell rallies
ADA, Cardano - 2️⃣ scenarios for long positionPrice formed a clear resistance line. I see 2 scenarios for buying.
1) We continue movement near to the level, make breakout, and make a retest of the resistance line. (Entry point after retest)
2) We'll come back(quickly) to a strong support zone. It will be a great entry point with SL lower than all 1.32
This idea not for people who want to buy and hold. It's idea for everyone who understands how to trade.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
200% ready for ADA ... $4 ADA straightway after correction 🚀
Till now $1 is seems to be holding well for ADA after testing it many times.
Most likely we gonna see a pullback from a double top resistance.
Look at the channel on the chart, u will get that we r in a bullish uptrend.
An estimated pullback from $2.40 to $1.40 between within June. ( about 45% down)
On short-term n Mid-term we r bullish.
If we moved as expected on the chart, it will good indicator to make lower lows after the pullback
After we gonna break $2.40 resistance we will see $4 straightway.
I think we gonna break the $2.40 resistance after the third trial.
If u r holding now don't sell n wait to add more at $1.40 region.
DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
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LONGHi guys
This is just a financial offer
Futures🪐
#ADA
#ADA/USDT
Long🌟
Enter : 1.80$/1.83$
Target : 1.85$
Target : 1.90$
Target : 1.93$
Target : 2$
Target : 2.4$
Target : 2.17$
Stop loss : 1.78
Low stabilization: 1.65
3% Capital
Leverage : 3x/5x
⚠️Risk Level : 9/10
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ADAUSDT (CARDANO)Cardano on a daily frame is stuck between 2 levels and until it is stuck in between these 2 levels it is hard to take a trade but if it manages to break the top level and then on retest of that level , would be a good place to take a long trade. Everything is marked on the chart. Good Luck!!