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CARDANOADA

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 $0.66. Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:ADAUSDLong
by UnknownUnicorn10064030
1
ADA will go higher BUT after this correction!Cardano had perfect movement during the last few days, This coin grew up about 16% in a day! For now and according to the market situation I expect to see a correction for this coin before any uptrend. Current resistance which ADA is stuck below it, Is so strong and a correction is needed in this location. In my idea 1$ zone is a perfect zone to buy more ADA before the next uptrends BUT always do your own strategy and obey Money Management BECAUSE it's the key! Feel free to ask your questions here, I'll answer them.
Short
by TahaZargar
3
Cardano ADAUSDT short termsInvestment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is provided within the framework of investment consultancy agreement to be signed between brokerage houses, portfolio management companies, non-deposit banks and the customer. The comments and recommendations contained herein are based on the personal opinions of those who comment and advise. These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
Short
by MathGraphX
2
ADA CARDANO LONGS 📉📉📉📉 Expecting bullish price action on ADA CARDANO as price is rejecting an important area of support at 0.80000 psychological barrier, we can see a nice failure swing low or a failure of the bears to push price below the previous lows, for me this means the bears are exhausted and bulls can take control in this area. It is important to understand that this entry is kind of a risky because we are going against the h4 strucutre that is bearish, a more conservative entry would be if price moves above last high (BOS area) retraces back and shoots to the moon 1.5000 BITCOIN is rising we are in a RISK ON MARKET SENTIMENT !! Everything is alligned even fear/greed index that is in extreme fear meaning we should look for buying opportunity. What do you think ? Comment below..
KRAKEN:ADAUSDLong
by AnonimFXRO
5
ADA Crash Time - SHORT ADA for 61% Gain - No Support Until $0.30Hi everyone, This is The Unbounded. One of the newest and most active trading view authors and fastest-growing communities. Please consider following me for the latest market updates and mid and long-term Long / Short calls. Let's get to the chart! ADA/USDT has recently fallen, retested and bounced back off the LAST LEVEL OF SUPPORT until the $0.30 range. The recent price action shows that ADA is likely to trend down to the next level of support which is all the way down at $0.30. As there is literally no support on the Daily or Weekly candle until $0.30, there is a possibility of a 61% Shorting opportunity. This ADAUSD trade is inline with my overall Bitcoin thesis where I believe that Bitcoin will trend down to the $20,000 range over the next 6-9 months. Entry: CMP (Current Market Price) Profit Target 1: $0.69 Profit Target 2: $0.43 Profit Target 3: $0.30 LEVERAGE: 3X TO 10X Stop Loss: $0.85
BITFINEX:ADAUSDShort
by TheUnbounded
8