CARDANOADA
Cardano ADA price is trying to stop falling) Maybe it will growIf we look at the ADAUSDT price chart globally, we can say that buyers are mega-passive.
At a time when quite a few altcoins are trying to grow, the ADA price continues to move in a downward channel, updating the 2022 low in November.
And some very strong altcoins, such as MATICUSDT, have long ago left the falling channel and changed the trend of price movement.
On the other hand, the ADAUSD price has entered the liquidity zone of $0.28 - 0.35, where it is trying to round up and show signs of a possible trend reversal.
If you believe in the positive prospects of the Cardano project, then the liquidity zone of $0.28 - $0.35 is a good place to take a long position for part of the deposit for the long term.
Analyzing the current price behavior of ADAUSDT, it is hard to hope for rapid growth. But $0.60- 0.65 for ADA closer to the middle of winter 2023 why not ?)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
ADAUSDT $36c Likely on PhoenixAscendingHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Here's a short term overview on what we can expect for the price of Cardano for the immediate term. Technical indicator Phoenix Ascending together with Bollinger Bands point towards a potential $0.36c, as we see the RSI and EMA moving up with bullish buying momentum in the short term. IF the green EMA can cross over the 50 line, we can expect movement towards the basis of the bollinger bands, even if it is just a wick. The basis is the 20d moving average currently at $0.36.
However, currently with all the bankruptcy happening in the crypto environment, the markets do not look favorable for a new bull cycle, so I expect a resistance zone here. The next immanent support zone is around 0.22c, where there is a high demand zone and this is where I expect a bottom for ADAUSDT to be found.
Curious about what Decembers hold for Bitcoin historically? Check out this idea:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
ADA crucial levelsBINANCE:ADAUSDT
This is a most important levels for Cardano
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️On screen local chart since April drop. Fib in play and we going to touch -0.27 level 0.2761 price
➡️This zone was resistance zone in January 2021 now it play like support
➡️Like you can see we can touch -0.27 level and grab liquidity before we make a reversal move
➡️If we capitulate and market crash again next zone 0.17 cents
➡️We already passed local downtrend line with retest
➡️By Yellow line I showed potential correction to all this downside move to 0.93 cents
➡️On Direction indicator big players start accumulate ADA but no signal to buy yet
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
ADA Cardano Long?ADA Cardano Technical Analysis:
- There is a formation of a falling wedge creating lower lows: falling wedges tend to break to the upside.
- Previous Falling and Rising wedges have played out already.
- Will the current Falling wedge break out to the upside?
- A BULLISH Divergence is also forming on a 1HR Chart
-- But how far upside? Take a look at the POC - point of control price and volume at the red line. $0.40
--- Will we make it to $0.40 based on the technical? What are your thoughts?
Follow for daily charts. Cheers
ADA Cardano
#ADA # Cardano
Cardano Cycle Bottom w/ Sell ModelHi Folks,
I use the Sell Model for this Analysis on Cardano (ADA) with 3 stages of a bear market rally in yellow as well.
Sell Model:
- Green (A): accumulation zone
- Blue (B): breakout & re-accumulation zone
- Grey (C): distribution zone
- Red (D): sell-off zone
- Red (E): re-distribution zone
- Green (F): bottom zone
I also note the bear market rally we had from the original breakout zone and pumping up into the most recent macro high, noted in yellows 1, 2, and 3.
I believe we have yet to see our true bear market rally into yellow (3) that will bring us to the final stage of this sell model, our true bottom of the cycle in green (F) thereafter.
Timing for this - if similar to last cycle, is roughly 275 days to take place FROM our local bottom coming soon from yellow (1), putting our potential REAL bottom in Q4 2023 as an estimate for green (F).
If crypto is not dead, then I expect to see something similar again to history.
What are your thoughts? Let me know in the comments!
Cheers,
Vatsik
ADAUSDT Now BEARISH🐻Future PARABOLIC🚀Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A detailed video update on Cardano / ADAUSDT with 4 confirmations why I am leaning towards the bears SHORT-TERM :
🐻 Technical Indicator Phoenix Ascending which contains the LSMA , EMA and RSI ,
🐻 The Candlestick Analysis ,
🐻 Support zone and Resistance zone analysis,
🐻 The Bollinger Bands.
Considering that these four methods of speculating short term price action are all pointing bearish, we also take a look at the next possible bounce/ support zone for ADA.
NOTE that even though I am bearish short term, I do still believe that this makes for an excellent accumulation phase price . From these levels, the price can likely go PARABOLIC after after finding a bottom as it has previously after reaching lows.
Some altcoins do rally untimely during a bearish market, but it is usually the smaller market cap coins / micro caps that have mini rallies whilst BTC trades lower. Here are a few that I'm watching :
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
ADAUSDT 1D Effect of the Vasil hard fork on the Cardano priceOn Thursday, Sept. 22 , the Cardano blockchain will carry out its much-anticipated Vasil hard fork, a backward-incompatible upgrade taking place on the main network that is intended to enrich smart contract capabilities, increase the chain’s throughput and reduce costs.
The crypto community is very optimistic about the upgrade and expects the price of Cardano to rise. Previously, hard forks have been a catalyst for ADA prices to rise. After two updates, the price of ADA has grown almost 40 times (look at the chart). But after the last Alonzo hard fork in 2021, the price of Cardano fell by -80%. But it will also be true that in the same period, the bear period began in the cryptocurrency market.
Probably, now they want to launch the Vasil hardfork at the "right time" , so that the ADAUSDT price would immediately start to rise, since it was originally postponed from June to July, and now to September.
You can try to take a good medium-term deal:
Entrance - $0.45
Stop below $0.422 (-6.2%)
TP1 - $0.74 (+64%)
TP2 - $1 (+122%)
R/L ratio 20/1
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Cardano (ADA) and whole crypto going to retrace 50% from here !Hello traders .
in my opinion 21 September will be important day for whole markets exclusively for crypto !
it sounds logical that FED interest rate hike can push down ADA to fill the gap between ( 0.23 $ - 0.19 $ ) and the day after rising interest rate is CARDANO Vasil upgrade which can reverse price and push it to the upside ( 0.6 $ - 1 $ )
if you agree BOOST the post ,thank you ♥
ADA long @ .461 10x leverageEthereum has entered a channel and I am adding this to my positions.
We are in a major support area and the macro environment is starting to bottom as well.
I may add onto this position as the day goes on.
I believe we will retest the 50-day EMA. This may be a scalp trade.
ADAUSDT 1D Medium-term trade. ADA price target ~ $0.73The ADAUSDT price for more than 4 months is traded in the range of $0.40-0.69
The minimum of 0.40 cents was still set during the May drop.
During the next wave of the crypto market decline in June 2022, when most cryptocurrencies including Bitcoin updated their lows, Ada buyers were able to hold the price.
And this is not surprising, because below $0.40 there is emptiness and room for a drop of at least -25-30%. We wrote about this in our previous idea:
A good potential medium-term trade within the trade range is now emerging.
Entrance - $0.46
Stop - $0.3999
Take profit - $0.71-0.76
Profit/loss ratio - 4.5/1
It would be ideal if ADAUSD buyers were able to break through the black trend line up and tear off the stops of the shorts hiding above $0.69
Our global goal for the increase in the price of the Cardano token is in the region of $1 per ADA. But we will talk about this in our next ideas.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Ada trying to break down the $0.56 support lineAda's correcting. its potential bearish targets have been shown on the chart.:
a zone ranged from $0.53 to $0.54 and
in case of losing this zone, the strong support line of $0.52 is one view
I appreciate your support in any form such as sharing my ideas with others on social medias, leaving kind and heartwarming comments, donation, and etc.
If you showed your support from me by donating, please feel free to get in touch with me so I can get to appreciate you personally ❤️️