Get started

Cardano

ADAUSD BUYWelcome . Cardano is positive despite the market downturn. The currency has breached the bearish pennant with. Re-test the area. It also formed a very positive candle on the daily chart. There is a lot of pressure from the buyers to push the market higher. to 0.4000 in the first stage. And level 0.5000 good luck. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. And click "Like" so that everyone can reach the post and benefit from it and get free content. Thank you
Long
by inv_market09
12
ADAUSD Is targeting 0.850 by the end of the year.Cardano (ADAUSD) is currently trading within the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line) for most of May. This consolidation is most likely the new Accumulation Phase for the next price jump and the reason is an old chart that we published last year, comparing the 2022/23 Cycle with 2018/19. So far it has been remarkably similar, with the Bear Cycle being a decline of around -93% on both occasions, within a Channel Down pattern that bottomed on an Inverse Head and Shoulders. The first significant upside target in 2019 was the 0.5 Fibonacci retracement level. That is currently a little over 0.850 and since the Cycle has been following the previous one so closely so far, we see no reason not to continue to do so. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ADAUSDLong
by TradingShot
5
Cardano (ADA) is about to break down the support!Hello, everyone! As you know, sometimes I can take the trade on BINANCE:ADAUSDT instead of Bitcoin. Today I am going to show you my thoughts about this asset, what we can wait in the nearest future. ADA demonstrated the bounce in the first half of 2023, formed the bearish divergence with the Awesome Oscillator. This is the clear sign, that it was just a correction to the downtrend impulse. I consider the final bearish wave which should be ended with the 5 waves cycle. If we suppose that wave 1 has been already formed, ended just at the support trend line, now we can expect the reactive wave 2. It has the target at 0.61 Fibonacci retracement, $0.41 . This potential bounce could be the nice bull trap. The wave 3 which is going to follow this bounce can easily break the support line. It has two targets: $0.29 and $0.22 . My plan is to wait this bounce to open short trade. Best regards, Ivan _____________________________________ ❤️Follow me and never miss the update❤️
Short
by Skyrexio
1
Crypto Update: ADA gearing up for new push higher?Today's focus ADA Pattern – HL support hold Possible targets – .3550 Support – .3550 Resistance – .3665 - .3770 Looking at ADA today, we can see a few bullish signs coming into play. We have run over them in today's analysis, and the rejection signs we will also be looking out for. Effectively we want to see support continue to hold and feed a new rally. If we do see this, we would like to see a new test of resistance to show buyer strength and break of that level to start thinking the overall up trend is still in play. Thanks for stopping by. Good trading, and have a great day.
EIGHTCAP:ADAUSDLong
by Eightcap
Potential Trend Reversal at Crucial Support LevelLast week, ADA exhibited a range-bound pattern, and its price experienced a downward movement, reaching the lower resistance level of the previously broken range channel. Currently, there is a notable correction in the price of Cardano. Nevertheless, it is noteworthy that Cardano's price has shown a positive response of 9% upon reaching one of the recognized support levels, accompanied by an attempt to establish an upward trend within the daily timeframe. This suggests the potential for a favorable reaction within this support range. However, it is essential to consider the possibility that the previous support level may have been falsely breached. Specifically, the critical support level at $0.34 holds significant importance for Cardano. A positive reaction originating from this range could potentially lead to a shift in trend within the shorter timeframes and mark the conclusion of the correction within the longer timeframes. The chart provides indications for short-term and medium-term targets.
by MonoCoinSignal
11
CARDANO's movement in Coming Days!!!🤑The ADAUSDT Broken the Falling Wedge Pattern. 🌟 Bullish signals in the PRZ area are: - Support zone - Pivot S1 weekly - Falling Wedge Pattern - Bullish SAR dots ❗and the Upward signals of market momentum are: - Divergence in MACD ✅The price has been able to break this pattern upwardly. This means the price will be flying for now and we shall expect it to reach even higher levels. ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed. 🤑The rich invest in time, the poor invest in money. 🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹 ✅Warren Buffett ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. ⏮️Previous Analysis: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
8
Cardano to register further gains following range breakout?The range formation for Cardano was finally broken on Wednesday, despite the weakness of Bitcoin. The former bearish H4 OB at $0.375 was flipped to a bullish breaker. Moreover, the range breakout saw an FVG (white) develop at the $0.375 area as well, marking it as a good demand zone. Yet, if Bitcoin was unable to climb toward and past $27.8k in the coming days, the bullish sentiment behind Cardano could begin to fade away. Entry: $0.372 (retest of range highs) Take-profit: $0.383 (small imbalance and short-term resistance) Stop-loss: $0.368 (below FVG)
Long
by AMBCrypto_TA