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CARDANOADA

ADA/USDT - High Probability of Bearish TrendHello traders and community, today we will tell ourselves shortly about the situation of ADA/USDT Trend analysis - As you can see from the ADA/USDT daily chart, the price of Cardano completed bearish breakout move and also completing Elliot 5 waves pattern. That's why we as traders can expect bearish trend for the following days as you can see from the possible scenario (white line on the chart). I recommend to open short trade position up to 0,95 price level to be safe against reroute movement, but you can also try to maximum level of 0,88093 price level (possible scenario on the chart). Today's resistance level is near 1.15 price level (red line), support level is on 1.03 price level (green zone), global trend will stay bullish if can get back on 1,15 price level (orange line). Chart pattern - Bearish breakout (approved) - Elliott 5 waves pattern (processing) Technical indicators - RSI: market is still in boarders and is located near 50 level (not overheated, Neutral signal) - MACD: MAs are prepared for downward movement + they are moving away from each other and overall trend is going down (Bearish signal) - BB: Volatility of the market started increasing after range movement accomplished (Bearish signal) - MA (10,20): MA10 is below the level of MA20 (Bearish signal) = Overall bearish signal movement Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention! Tell us about your opinion for making better decisions :) P.S.: Information provided is only educational and should not be used to take action in the market.
Short
by PrizesRises
ADAUSD poised for growthADA growth curve adjusted after the recent semi-crash of markets. Its adjusted trajectory might hint at a higher price target than earlier estimated. It remains to be seen if the regained confidence in the market will continue. At least for now, ADA has regained its position as the third largest crypto asset by market cap. -------------- This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
BINANCE:ADAUSDLong
by prhasn
1
This ADA run up is SUSS as hell.Don't get me wrong. My biggest bag is ADA. and I'm very happy its popped off hard. HARD Very ugly chart. but who cares it makes sense. So ADA is finishing off a wave 3 out of the 5 wave impulse that is the current bull run. we are literllay in the final stages for the current run up. 1 more wave up/if that from here and that sohuld be the end for this particular run then we should see a period of pullbacks and corrections. Suss the Daily RSI. Triple top. that's basically a pullback asking to happen. Triple top RSI jesus christ. don't be hitting the big green. declining volume on increaseing price? yep thats bearish. basically don't be buying ADA now. i mean you can. but better off getting it on discount over the next few days/weeks. Most likely area of support is the place where theres about a million lines there. (basically more lines in an area with different kinds of strategies means stronger support) previous ATH Monthly open/close around 0.95 to 1.09. This entire region is where the 3D OB (not really an OB coz it doesn't break market structure), 1D OB (again for same reason), Previous monthyl ATH open/close, 0.236 fib retracement. that entire region is support, lots of confluence. I don't like it, but it's what the charts say. If you want us to narrow the levels down it'll fall to either: - 12h OB - $1.01-$1.08 - 4H OB - $0.88 - $0.98 If that falls (doubt it will) theres no support till 0.30-0.42 region, weekly OB. unlikely it goes there. Anyways. it should pull back for 1 last time and then begin its final run up. im getting the f out on the next run up xd. but then again wth do i know?
BINANCE:ADAUSDShort
by EnZo
17
Cardano completing Cypher pattern for upto 53% rallyHi dear friends, hope you are well and welcome to the new update on Cardano. On the daily time frame chart, the priceline of ADA is completing the formation of bullish Cypher pattern and soon it will be entered the buying zone. this trade has a big profit possibility of 53%, and the loss possibility is 13%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
1
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow? If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely. But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall. The nearest support area is $0.37-0.38 Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
by pennygene
23
Cardano ADA still performing well, but don't buyWarning: our thoughts are ours; not financial advice. If you have bought Cardano before now, then good for you. You are at an insane profit right now. But if you are contemplating buying some Cardano right now, please hold on to that thought. You might be buying Cardano at the top. You definitely don't want that. There are a lot of cheaper assets to buy presently. However, that's not to give up on buying Cardano. We'll consider a huge dump down to 83 cents a great buy zone as of this moment.
Long
by coin-barbie