🚧ADAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:ADAUSDT
✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .also a bullish Divergence (RD+) on MACD which shows Positive Signs for CARDANO.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 Starting 5th waves.
🟢 Bullish Divergence
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
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✅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!!
Cardano
CARDANO - Beware of the Zombie 🧟Charles Hoskinson, the visionary founder of Cardano, boldly predicted that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum.
I seriously doubt it will surpass any of the 2 (BTC or ETH) but i do tend to think it will be in the Top-5
At the same time, Cardano’s loss to Base leads to ‘zombie chain’ tag
The disparity in the TVLs highlights how the Base has won the hearts of market participants while the Cardano hasn’t been exactly attractive.
While Hoskinson’s proclamation has garnered admiration and anticipation, dissenting voices within the cryptocurrency community remain.
Evan Van Ness, a prominent member of ConsenSys and an Ethereum advocate, criticized Cardano, labeling it a “zombie chain” due to its position below Base’s TVL (Total Value Locked).
The debate will be on and ADA is facing more and more competitors.. remember the race against SOLANA and POLKADOT? ADA is still ahead of those in total marketcap.
Don't cross out CARDANO..It will strike back
remember Haskell:
remember the Crypto Fable🐢:
Time to look at ADA? Well, a lot depends on the market as such.
One Love,
The FXPROFESSOR
ADA --Is the Head and Shoulders Pattern Activating?ADA ( CARDANO) Potential for a 20% Drop !
We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price.
Key Factors to Consider:
Confirmation of Pattern: The pattern should be confirmed with a break below the neckline and increased volume.
Target Price: The target price for the pattern is calculated by measuring the distance from the head to the neckline and projecting that distance below the neckline.
Risk Management: It is important to use proper risk management techniques when trading this pattern, such as stop-loss orders.
Please note that this is not financial advice and you should always do your own research before making any trading decisions.
ADA - Daily more fallFollowing its robust bullish rally, ADA has been ascending within a channel.
However, the recent loss of crucial support zone could signal a potential decline, taking it to at least the lower boundary of the channel.
Traders may want to keep an eye on this level for possible support and a rebound or a further break indicating continued downside.
ADA: buy in wedge📊Analysis by AhmadArz:
🔍Entry: 0.6453
🛑Stop Loss: 0.3646
🎯Take Profit: 0.6548 - 0.6667
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ADA/USD Hitting Targets and Riding the RollercoasterAlright, fellow traders, let's dive into the wild world of ADA/USD trading with a splash of humor! So, last time we checked, we were hitting those TP targets like a boss – just in time for the previous bull cycle to say "See ya later!" and take a nosedive below $1.00. Classic crypto, am I right?
But fear not, my friends, because after some serious structure review and fib level analysis (because who doesn't love a good fib?), we stumbled upon another harmonics pattern. And guess what? It's pointing us straight down to our middle leg, converging with some juicy fib levels and previous structure at that sweet ~$0.40 level. Keep those lower timeframes in check though, because we need that confirmation that it's playing nice as support.
Now, let's talk targets. We're eyeing that $1.00 mark, and if we break through and treat it like the VIP it is, well, hello there, previous ATH! Feeling ambitious? How about shooting for the stars with that 127 fib level, sitting pretty at ~$6.00. Aim high, my friends – the sky's the limit!
Oh, and before I forget, let's give a shoutout to those ADA fundamentals. Because let's be real, in the crazy world of crypto, they matter more than you think.
Remember, it's all about probability – no trading advice here, just a friendly reminder to play it safe and embrace that dollar-cost averaging life. And hey, maybe investing is the way to go – less stress, more chill.
Here's to riding the ADA wave with a smile on our faces and a whole lot of memes in our hearts. Good luck out there, traders!
Keywords: ADA/USD, trading analysis, crypto humor, hitting targets, bull cycle, harmonics pattern, fib levels, support levels, resistance levels, trading advice, dollar-cost averaging, investing, ADA fundamentals, ambitious targets,
ADA: Pullback in UptrendTrade setup : Price remains in an Uptrend. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back, breaking below $0.65-0.68 key level. We would be buyers near $0.57 support, which could be a swing trade entry opportunity in Uptrend, with +15% upside potential back to $0.65-$0.65 near-term. Stop Loss (SL) level at $0.52.
Trend : Neutral on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.57, then $0.46. The nearest Resistance Zone is $0.65 - $0.68, then $0.80.
Ada has good potential in 2024🔥Hello, dear friends!☺️
🧐Today, I present to You my chart showcasing the promising potential of the ADA coin (from Cardano). As you all know, Cardano has its own cryptocurrency called ADA, which serves as the primary asset of the platform. They utilize the Proof of Stake (PoS) algorithm to ensure network security and support its decentralization.💻
⚡️It's essential to highlight that the Cardano project adheres to scientific methods in the development and implementation of its technologies, contributing to increased security and stability of the network.
Regarding the price movement of the ADA coin, let's take a look at the chart.👀
In December 2023, the price broke through the resistance line of a parallel channel that had been forming for almost a year (marked in red). The formation of this channel began after a prolonged sharp decline in price following the last bull run. I've labeled this parallel channel as the bottom on the chart!👇
💡It's safe to assume that in the coming months (medium-term perspective), we can expect the price of this coin to rise. By placing several buy orders (orange zone) to catch it at the optimal price, setting the marked levels for selling (take profits) at 0.9, 1.0, and 1.2, and keeping in mind the stop-loss level 🛑 - under 0.38, it could be a very profitable deal!🔥
🚀I believe the potential for this coin is quite good, but significant growth will require more time. So, let's add it to our checklist and keep an eye on it 😉
🧐What do You say, folks? How do You feel about ADA and the Cardano project itself? Do You have any experience trading this coin?
Thanks for Your attention, stay tuned! Subscribe not to miss out. 🫶
Always sincerely yours, Kateryna💋
💎 GTAI/USDT - First Target hit , What's Next ? (READ CAPTION)By examining the GTAI/USDT chart, we can see that after entering the demand range of $3.35, the price went up with the price and was able to hit the target of $4 and even grew up to $4.3, which means more than 35% price growth in less than a week (Cheers) and I hope you have used this analysis! Based on the main analysis, the next targets will be $4.50, $5 and $5.5 respectively! (This analysis will be updated)
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ADA bullish continuation.Here's another one, so ADA has been in correction as well,
Based on the chart, the correction ended around 0.5800
From the current price, Im expecting for the ADA price to continue with the bullish rally to the new ATHs,
for confirmation, if the next 4 hour candle closes above 0.6400 and the next candle after fails to go below this price, then long it without hesitation and set stoploss around 0.5900 If you enter around .06400 when the candle fails to go below this price.
Otherwise below this price, around 0.5800 and below theres just liquidity for long orders.
In terms on the analysis, count etc, everything has been labelled on the chart.
Remembers always its NFA.
Cryptolean Cardano ADA UpdateAs expected, ADA dipped to below $0.66 and re-tested the ascending daily trendline.
Above $0.66, bulls will be more active towards $0.76-$0.80.
An inability to return to the bullish territory above $0.66 will result in a bearsih pressure towards $56,97 and a bearsih break-out of the trendline will lead to $0.523.
💎 GTAI/USDT -Ready for another Bullish move? (READ THE CAPTION)By examining the GTAI/USDT chart, we can see that after entering the demand range of $3.35 , the price is associated with the relative demand, and if the price can stabilize above this level, we can expect more growth from this cryptocurrency, and its next targets are will be $4, $4.50, $5 and $5.5!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ADA - Be Ready for a SUDDEN PUMP📉Hi Traders, Investors and Speculators of Charts📈
Fundamentally - I'm no fan of Cardano. In a certain sense it gives me XRP2.0 vibes, with the cult following community and all. Over-promise and under-deliver with youtube shillers is XRP style and raises red flags. Ultimately, I believe crypto is bigger than one person , and most definitely bigger than than one industry expert / founder. These are a few reasons as to why fundamentally, I'm not an ADA fan.
HOWEVER. As I've said many times before, any coin can and will be traded by whales. Herewith lies opportunity for retail traders, IF you manage to get a good entry. From a chart analysis, Cardano has broken out of accumulation phase by forming a clear bottom. We even start to see glimpses of a new bullish cycle starting as the price makes higher lows.
To the left from a weekly outlook, a wick to the purple 200d moving averages is possible. On the right, from a daily perspective, we'd like to see the turquoise 100d moving averages hold:
I believe it's possible for the price to continue increasing from here and I even believe a hard and sudden, random pump is possible (likely followed by a sudden dump). I'll be looking for increases 30% and 45% from here, as near term targets. Higher is possible, but I'll leave higher targets for a later post once we have actually achieved these price levels. You may need some patience though:
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CryptoCheck
KUCOIN:ADAUSDT COINBASE:ADAUSD
ADA: Pullback in UptrendTrade setup : Price remains in an Uptrend. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back, breaking below $0.65-0.68 key level. Now it’s reached $0.57 support and is getting oversold (RSI ~ 30), which could be a swing trade entry opportunity in Uptrend, with +15% upside potential back to $0.65-$0.65 near-term. Stop Loss (SL) level at $0.52.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.57, then $0.46. The nearest Resistance Zone is $0.65 - $0.68, then $0.80.
Cryptolean Cardano ADA Update Last two weeks, in the daily chart ADA is teasing the key resistance zone of $0.76-$0.80.
Above $0.80, bulls will take control of the ADA price chart towards $1.
A daily candle closure above $0.80 will push ADA price towards $0.90 and higher.
Below $0.66 is the bearish zone and ADA price will decline towards $0.57 for another re-test of the ascending daily trendline.
Intraday Chart
The ADAUSDT 4-Hour chart is in the bullish territory and holding the key intraday support of $0.736.
A reversal from its current price location is likely and a bullish rejection of $0.736 will push Cardano to the key intraday resistance zone of $0.84-$0.88.
A bearish dip to $0.69 or, even better, to $0.65 and a bullish rejection of one of these levels could offer a long trade towards $0.84-$0.88 and higher.
Like once read.
Thank you!
ADA/USDT Primed for a Bullish Swing from Demand Zone? 👀🚀ADA💎 Paradisers, it's time to spotlight #ADAUSDT as it gears up for an intriguing bullish leap from its current demand level.
💎 Reflecting on #Cardano journey, we noticed a pattern where it bounced off the major supply level at $0.6864, forming an equal high before descending. Currently, it's showing signs of a bullish upturn from the demand level of $0.4667. Should the price maintain its momentum here, we could see it ascend to challenge the overhead supply.
💎 As astute traders, we're always on the lookout for alternative outcomes. If the initial plan doesn't pan out, we're eyeing a possible bullish rebound for #ADA from a lower bullish Order Block at $0.4293. A drop below this critical point might signal a further bearish trend.
New ADA Long Opportunity 18-30%+ BreakoutIf CRYPTOCAP:ADA continues on its uptrend over the next few weeks to months, which is more than likely if you look at the total Altcoin Market Cap breaking out, then here are two targets to watch: 0.82 for an 18% gain and 0.9 for a 31% gain.
Watch and wait for confirmed breakouts from the drawn resistance levels, and enter once it surpasses them with some momentum. These resistance levels are based on past price action and can usually be relied on for market price walls.
DYOR AND GET THOSE GAINS!
Like and follow if you're longing for CRYPTOCAP:ADA , and check out my X account, same handle!