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CARDANOADA

ADAUSDT 12H Future of Cardano price will be decided at weekendIt has been 3 weeks since the publication of our previous idea for ADAUSDT, but in fact, almost nothing has changed on the schedule. The ADAUSD price is further traded in consolidation. Although the rebound of the price of ADA from the bottom for the past week was 30+%, it still looks weak in the context of consolidation. So it can be not to said with confidence that the buyers have won. So, the main task for the weekend for Cardano buyers is not to allow the ADAUSDT price to fall below $0,43-0,45. Completing this task activates the price movement along the blue route, with the first target $0.66 Force majeure, panic hysteria and a fall in the cryptocurrency market, or the banal lack of Ada buyers - these are factors that can help the ADAUSDT price to be below $0,40. Fixation of the price below $0,40 may provoke a further fall in the $0,28-0,31 zone. This should be remembered _______________________________ 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 :)
by P_S_trade
34
ADA Trade SetupCrypto Market is in consolidation phase lately, as we know during this consolidation phase more likely assets form either continuation patterns or trend reversal patterns ! Here ADA against USDT forming ascending triangle pattern, indeed we can have breakout either way but IMO the breakout is likely upwards and it's interesting to make note that BTC experiencing huge sell pressure as of now! Even though many ALTS are forming bullish patterns it's upto BTC to make them work. But like I said let's just not try to predict the market move, Let's just read the market and wait patiently for the market to make the desired move so that we can enter the trade.
Long
by Livermore_Jr
3
Cardano cryptocurrency - is it time to buy ADA ?The last time we made a global ADAUSDT forecast 5 months ago and as it turned out on the absolute price highs and roughly speaking all this time the price of ADA was fallen from $3 to $1 We tweaked the dynamic channels a bit from the previous idea and this is what we get: On the one hand, the ADAUSD price has bought back up for the eighth time from the powerful $1-1.10 liquidity zone and organized a 50% bounce because buyers understand that this zone is critical for a global trend reversal. On the other hand - the dynamic trend line was able to break through downwards with the 5th time and in the last days/weeks there were two retests from below for strength of this trend line and the sellers have not let the price go higher yet. There are some rough estimates of possible price movements on the chart. At the moment, crypto market move in flat till this time, and they will squeeze out all the juices from small participants with anarchic moves up and down, knocking out stops. Only if the price of ADAUSDT rises above $1.75, it will be possible to buy carefully long. In the meantime, the only thing we can say with certainty is that below $1 for Cardano token a real rapid super plunge may begin, because the chart below is empty, with no support, down to $0.35-0.40 . Of course, no one wants this development for sure, but we don't control the market. Forewarned is forearmed _____________________ 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 and comment" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
50
Cardano: Indecisive 🤔So far, Cardano has apparently refused to drop deeper into the green zone between $0.9355 and $0.2767 and has not fallen below its last low. This could imply that the altcoin’s preparation for the coming ascent have already begun. However, we rather expect Cardano to make further use of the green zone to finish wave 2 in green at its bottom before moving upwards, confirming the ascent by crossing the resistance at $1.6378. The altcoin should be careful, though, not to drop below the green zone!
BITTREX:ADAUSD
by MarketIntel
2
#Cardano Bulls Reject Bears, will ADA Float above $0.45?Past Performance of Cardano Cardano prices are relatively firm versus the BTC and ETH at spot rates. While the crypto market is down, ADA prices remain inside a $0.25 range, with support at $0.45 and resistance at $0.65. Besides, there is an M-formation, with ADA retracing from the double top. Currently, ADA is down 12 percent week-to-date, but buyers stand a chance above $0.45. #Cardano Technical Analysis ADA traders are confident. As the crypto market falls, Cardano bulls have been holding the line above $0.45, the immediate support. Additionally, there are hints of strength with the June 13 bear bar closing with a long lower wick pointing to demand in the NY session. Nonetheless, risk-averse traders can wait for trend definition. Losses below $0.45 may see ADA fall to as low as $0.30 in the medium term. A welcomed recovery above $0.65 may offer relief, allowing prices to retest $0.80—March 2022 lows. What to Expect from #ADA? Cardano prices are propped by bulls' expectations of enhanced network performance in the upcoming hard fork. Still, from a technical angle, prices must first pierce $0.65 to buy trend resumption. Resistance level to watch out for: $0.65 Support level to watch out for: $0.45 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
#Cardano Breakout Formation, ADA Prices may Rally 30% to $0.75Past Performance of Cardano After two months of sharp losses from early April, the recovery at the tail end of May is a net positive for ADA bulls. At spot rates, ADA is up 50 percent from 2022 lows and trading above the trend defining bear bar of May 11 in a breakout. Cardano bulls are firm, reading from the ADAUSDT price formation in the daily chart. #Cardano Technical Analysis Candlestick arrangement favors buyers following gains of the past three days. After two months of lower lows, forcing ADA to register new 2022 lows, the revival from May 30 was a significant development. There is a double bottom pattern, a W-formation signaling trend. Besides, ADA prices are above the middle BB in a bullish breakout formation. In line with these signals, aggressive traders may find entries above $0.50 and the middle BB, targeting $0.75 in the immediate term. What to Expect from #ADA? ADA bulls are charged at spot rates, breaking above $0.60. With rising trading volumes and confident traders, Cardano prices may soar higher to retest Q1 2022 lows in the short term. Resistance level to watch out for: $0.75 Support level to watch out for: $0.50 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Cardano ADA technical analysis zoomed OUTI zoomed out to the weekly cardano chart, and the good news is that Cardano did find support around 41 cents the last time we had a correction, the bad news is that all indicators point to this downtrend continuing and in order for the downtrend to break it is going to take an enormous amount of green volume, and given the current market sentiment it is hard to see that happening. Only two years ago ADA was only worth 5 cents, so if it only corrects down to 41c we are very lucky.
by CryptoBiddy
1
The downtrend ADAUSD Cardano continues, when there is a rebound?From September 2021, the price of ADAUSDT is in a downward trend, moving down the channel. An important area of ​​customer support was the zone around $1. This strong mirror level has helped buyers keep their defense and push the price up since February 2021. However, in February 2022, buyers finally lost control over this level, which sellers only confirmed that they now dominate the market. We consider $0.77 to be the critical lev el for the continuation of the fall in the ADAUSD price. Fixing the ADA price below it will mean that the next shopping area is around $0.67 However, despite yesterday's heavy fall on the crypto market, you can try to catch a good, medium-term trade with a short stop and small risk. Enter the position in the area of ​​$0.79 Stop below $0.77 (-2.5% of entry point) Take profit in area $1 (+ 26% of entry point) _______________________________ 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 :) Profit / loss ratio 10/1
by P_S_trade
23
ADA/USDT - 89% SetupHello Traders! ADA price broke out of the downtrend, after which it returned to the consolidation range of $0.92 - $1.05 For a short-term trade, you can look for buy entry points near the current price values of $0.90 to $0.98. A less risky option is to wait for the price to consolidate above the resistance level of $1.05 and MA100 on the daily timeframe. The targets will be the price levels of $1.48 and $1.74. The deal should be closed by a stop-loss only in case of the price falls below the price level of $0.66. Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:ADAUSDLong
by UnknownUnicorn10064030
1