Could Cardano Bulls Push Past Pennant To $2 Resistance?!Cardano made an impressive 315% gain from the Low on Nov. 4th/5th @ .32 to the High on Dec. 3rd @ $1.32 following the Pro-Crypto Republican won Presidential Debate with not only BINANCE:ADAUSD seeing this kind of Rally but across the entire Crypto Market!
Since that High, Price on Cardano has slipped into a Consolidation of what seems to be a Pennant Pattern with Lower Highs working into Higher Lows.
Both Legs of this Triangle still need a 3rd Touch to Validate the Integrity and Existence of both Trend-lines. I would like to see Price make a 3rd Touch of the Rising Support around the ( .95 - .93 ) Range before moving back up to test the Falling Resistance.
If Bulls are able to gain enough Support from the Rising Support, it could be enough to give them momentum to make a Bullish Break to the Falling Resistance and based from the Pattern Statistics:
- Generate an Extension of the same size of Trend move that came prior to the formation of the Pattern called the "Flagpole" putting the Potential Extension of Price into the $2 Resistance Zone!
**Caution: Triangle Patterns are known to fail 1/3 of the time so a Bearish Breakdown of this pattern is still possible. Watch for False Breaks/Breakouts!
Cardano
ADA - Time to buy again!The price is in an ascending triangle, which could push the price up to the triangle's ceiling. Since this market has a habit of deceiving traders, it is possible that the triangle will break from below and then reach the triangle's ceiling.
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How Far ADA (Cardano) Can Make??
We've enjoyed awesome rally in November 24 in #ada. But After then CRYPTOCAP:ADA is forming a falling wedge Pattern.
This falling wedge's breakout can make #adausdt to rally upto 2$. Also with micro elliott wave count, wave 3 also aligns with wedge target.
Although by macro wave count, we can see #ada rallying upto 2.4-2.6$ region in upcoming #altseason.
ADA order limitThis chart for ADA/USDT highlights a consolidation phase within a symmetrical triangle pattern 📐. The price is narrowing, signaling a potential breakout. Key zones and trend lines
guide this analysis:
Trendline Break: The triangle's upper trendline represents resistance, and a break above it could trigger bullish momentum 📈. Conversely, a break below the lower trendline might lead to further downside 📉.
Resistance Levels:
First resistance at $1.0323 🚩. Breaking this level could propel ADA to $1.1000 and then $1.1400, where significant sell pressure may appear.
These zones align with the highlighted red resistance bands.
Support Levels:
Immediate support at $1.0022 🛡️. If broken, the price may test lower zones at $0.9730 and $0.9380.
Signal:
Bullish Entry: Wait for a confirmed breakout above $1.0323 with strong volume 📊. Target levels: $1.1000 and $1.1400.
Stop Loss: If the price breaks below $1.0022, consider shorting with targets of $0.9730 and $0.9380.
Risk Management: Keep stops tight ⛑️. For longs, place a stop-loss below $1.0022; for shorts, keep it above $1.0323.
Wait for confirmation to avoid false breakouts. Monitor volume and candlestick patterns near breakout levels for the best signal 🎯.
ADA to $1.78 as a final push?It appears that ADA has completed its wave 4 triangle correction and is now poised to target the 1.618 Fibonacci extension, a common projection for wave 5, with a price target of $1.78 .
Following the completion of this impulsive wave, a significant correction or pullback is likely, presenting an excellent opportunity for strategic positioning from a macro perspective.
ADA Cardano Only Your Opinion Counts! ADAUSD No Trigger No TradePlease read the chart annotations for 🟢SeekingPips🟢 insight.
As mentioned on the above chart “Two Traders Can Have The Same Bias But One Will Make Money But The Other One Looses. WHY?
✅Note this ONE IS GOLD…
Write it down. Print It and even stick it to your forehead if you must…
THE BIG SECRET IS TIME. 👌
You know by now already that for 🟢SeekingPips🟢 TIME IS MORE IMPORTANT THAN PRICE.
🕒 TIME 🕕 is the ONE & ONLY THING THAT WE CAN FORECAST WITH 100% ACCURACY.
💡Let That Sink In…
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Skyrexio | Cardano ADA Will Drop Before AltseasonHello, Skyrexians!
We have already observed BINANCE:ADAUSDT recently, now it's time update it. This is one of the strongest assets in this bull run. While most of altcoins are trying to escape the water, Cardano is already in the sky. Moreover correction is not so strong for this crypto.
On the daily time frame we can see the first impulse as a wave 2. Recently we supposed that corrective wave 2 has been already finished with this beautiful green dot on the Bullish/Bearish Reversal Bar Indicator inside the 0.5 Fibonacci zone, but growth from the bottom was not impulsive. This behavior gives us a hint that this is only wave B in the flat correction.
If our assumption is right wave C shall retest the wave A bottom. The green dot on this indicator is going to become the great re-entry opportunity if you still don't have a position for ADA. The next wave 3 is going to be insane, targets you can find in our previous analysis.
Best regards,
Skyrexio Team
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ADA | ALTS | Good Buy or WEAKNESS?ADA is one of a few altcoins that have not yet made a new ATH, or trading close to its previous ATH.
Considering Cardano is one of the "older" crypto's , you'd expect it to behave like the rest of the titans. But instead, when overlayed with the Solana chart we see a disappointing comparison:
Regardless of this, ADA trades in a range within a fairly reasonable timeframe, meaning it is ideal for short term profits (range trading). ADA can easily do + or - 30% in two weeks, ideal for swing traders.
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BINANCE:ADAUSDT
ADAUSDT: Ranging within flag until Trump InaugurationI predict the price to range within this flag until we hit the vertical line, January 20th. One would presume a big move on this day, as Trump will be inaugurated. It's possible we continue to range within the flag afterwards, but I think a big move will happen on or very near January 20th.
Cardano (like almost all crypto) is heavily pegged to the price of Bitcoin and almost always moves in the same direction. However, it looks like Cardano is attempting to de-couple from BTC with some success. The more this continues, the more likely we are to see large bullish moves in the price. If $1.20 breaks with high volume, expect a big move up to at least $1.50.
Not trading advice. I'm a noob, first idea.
ADAUSD: Last consolidation before 5.50.Cardano is neutral on its 1D technical outlook (RSI = 48.919, MACD = 0.005, ADX = 18.468) as it is trading around its 1D MA50. Basically it is consolidating since December 7th following November's incredible rally. The pump stopped on the HH trendline, which is holding for 2 years, since basically the bottom of the Bear Cycle. This is no different than the consolidation of December 2020, which was also around the 1D MA50, above the 1D MA200 and below the HH trendline.
Once this breaks, we espect a rally of similar proportions to November (TP = 5.500).
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Will Cardano Finally Break Free? Key Levels to Watch Right Now!Yello, Paradisers! Are #ADA bulls about to reclaim their dominance? Let’s break it all down because #Cardano is approaching a critical moment you cannot afford to miss!
💎Cardano has been consolidating after a massive rally, but here’s the kicker—it’s now forming an ascending triangle. If this bullish formation plays out, ADA could finally break out of its range and reignite its upward momentum.
💎ADA faces a pivotal challenge at the $1.15–$1.20 resistance region. This area has been a brick wall for ADA’s upside potential since December 9th. This zone isn’t just horizontal resistance—it’s also reinforced by the 0.618 Fibonacci retracement level, making it a major decision point for the bulls.
💎For ADA to reignite its hyper-bullish phase, the bulls must decisively break and hold above the $1.15–$1.20 region, which remains a significant roadblock. If they succeed in flipping this zone into support, the price is likely to target the 52-week high at $1.327 as the first major milestone. Beyond this, the upside target extends further, stretching toward the $1.38 level.
💎On the downside, there’s solid ascending support between $0.93–$0.918, which the bulls have been defending consistently for weeks. As long as this level holds, the bullish structure remains intact. However, if this support breaks, the horizontal support at $0.865–$0.85 comes into play as the next line of defense.
Trade smart, Paradisers! Stay focused, and don’t chase the market.
MyCryptoParadise
iFeel the success🌴
Cardano (ADA) Analysis: Rebounding from Key Support Zonehello guys!
The Cardano (ADA) chart reflects a corrective move approaching a critical support level. The price appears to be reacting to a combination of horizontal and trendline support, signaling a potential reversal for bullish continuation.
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what I see:
Support Zone Interaction: The price is approaching a highlighted support zone near $0.92-$0.95, marked by a horizontal demand area. This region aligns with an upward-sloping trendline, strengthening its significance.
Potential Rebound: A strong bounce from this confluence zone could lead to a bullish reversal, pushing ADA back toward its recent highs near $1.10.
Bullish Continuation: If the price holds above the support zone and the ascending trendline, it could signal a continuation of the broader uptrend. The next key resistance zone lies near $1.10-$1.15.
Risk of Breakdown: A decisive breakdown below the $0.92 support and the ascending trendline could invalidate the bullish scenario, opening the way for further downside toward $0.85 or lower.
__________________________
Strategy for Traders:
Bullish Scenario: Look for a reversal candlestick pattern or strong volume near the support zone to confirm a rebound. Potential targets include $1.00 and $1.10.
Bearish Scenario: If the price breaks below the trendline and support zone, traders might consider short positions targeting $0.85 and beyond.
Monitoring the price action around the support zone will be key to identifying the next significant move.
ADA EOY targetsHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
The chart explains it all pretty much..
From my own TA perspective, it seems that BINANCE:ADAUSDT could be
at around 0.60 - 0.80 cents EOY and potentially even the 1 dollar mark.
What about downside? Well if Bitcoin takes a massive dump
then ADA could hit the 0.25 - 0.31 zone (i find it unlikely)
Even though I'm clearly more bullish than bearish
I still ALWAYS consider downside while being it.
Just an idea, BOOST if you like it and follow for more!
NFA DYOR <<<<------
ADAUSDT H4 :New RoadmapHi friends,
Technical chart for Cardano in 4 hours timeframe.
SecondChanceCrypto
⏰ 20/Jan/25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
Cardano Flag Pattern
📊 Overview:
Cardano is setting the stage for a massive rally with a textbook bullish flag pattern on the daily chart. After a stunning 280% surge forming the flagpole, ADA is now consolidating in a controlled channel, signaling a likely continuation to much higher levels. This is a golden opportunity for bullish traders.
📈 Why Cardano is Poised to Explode:
1️⃣ Breakout Imminent: The price is flirting with the $1.10 resistance zone, and a breakout could ignite a rally straight toward $2.10 and beyond—nearly doubling from current levels.
2️⃣ Massive Potential: The measured move of the flag projects a target of $2.10, but with strong market sentiment, ADA could overshoot and challenge new multi-year highs.
3️⃣ Bullish Momentum: Cardano's network developments and growing ecosystem adoption are adding fuel to the fire, drawing both retail and institutional interest.
🎯 Key Levels and Targets:
Immediate Resistance: $1.10 (the breakout level).
Target 1: $1.60 (intermediate milestone).
Target 2: $2.10+ (flag projection, with potential for overshooting).
Support: $0.95
💡 Bullish Outlook:
Cardano is not just showing potential; it's screaming for a breakout. The setup is primed, and the volume on a breakout could send it soaring. With momentum and market sentiment in sync, ADA could be the top performer in the coming weeks.
Cardano Breakout Alert: Is the Bull Run Back?After Trump's victory in the U.S. presidential election on November 6, Ada experienced a 318% growth in 30 days. After that, sellers were only able to retrace 50% of the previous impulsive wave within 40 days. Currently, the price is struggling to break above the descending trendline. If it successfully does so, it may reach 1.4780, representing a 31.41% increase.
What are your thoughts on ADA's next move? 👀
Drop your predictions in the comments below and don’t forget to like if you found this analysis helpful! ❤️🔥
Old ADA giant continues to move!ADA like other legacy assets has shown good growth. I believe that such coins will not show crazy growth anymore. The global market maker has been accumulating assets and is playing its cards. This is the main reason why old coins started to rise. Regarding ADA here we can fixation above 50 EMA on daily timeframe, which confirms bullish movement further. We are also pushing back from the support zone, which was resistance a couple months ago. I would expect ADA to rise to the 0.718 Fibonacci level area. That's a pretty good target for such a project.
Horban Brothers.
Cardo about to ROCKET to 1.5530 after the Symmetrical TriangleSymmetrical Triangle has formed on Cardo and it looks like we are approaching the Apex of the triangle where there is upside to come.
Crypto is definitely taking a break from all the upside, but seems to be preparing for a big boost.
Whether it be Trump administration to incorporate Crypto more into the legal system or the Smart Money piling in while the less patient closes out.
Here are the indicators.
Price> 20 and 200
Flag pole UP.
Target 1.5530
CARDANO ADA Retesting SeekingPips' KEY PRICE LEVEL🟢Identifying key PRICE LEVELS is key to finding great trading OPPORTUNITIES however SeekingPips' OPINION is that PRICE ALWAYS comes SECOND TO TIME.
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