ADA ; update ; looks like a full blown turdADA ; update ; looks like a full blown turd
that double bottom i was looking for fell to pieces. s and p etc looks to be wanting to at least double bottom, sweep the lows as well. they are gonna darth maul this shit while everyone is getting christmas drunk and eating too much. hard to think when your in a carb coma.
knife catching the potential capitulation wick would be sick; make sure you do it on low enough leverage that you don't get blown out when it tripple wicks on the lower time frames.
15-18c ish looks like the sweet spot if history repeats. so far its looking pretty friggin similar.
i think you will have time to buy that dip, no need to go full degen and watch this shitshow of an asset class every second.
gl to you gentleman and ladies. have a good christmas/new years with your families/friends.
Cardanousd
Cardano ADA can be the hidden gemToday it’s time to talk about Cardano, my last trade on it was quite successful I was able to catch the countertrend trade.
You can watch it here👇
I also consider now that ADA has found it’s local bottom and we can use this opportunity to trade.
I have tried a lot of different technical analysis approaches and found that best way to trade crypto is the Elliott waves confirmed by trading chaos tools. On the 1D time frame of the ADAUSDT chart of the WhiteBit exchange I have drawn the considered waves structure. Cardano is printing the last global bearish wave 5 like the entire crypto market.
I suppose that the wave 3 inside last bearish wave have been already finished and now the price set the local bottom. I concluded it because of the reaching the target level 1.61 Fibonacci extension, which is a natural level for the wave 3. Moreover wave 3 has the clear internal structure. Awesome oscillator showing us the wave 3-3 bottom because it corresponds to the minimal value. Wave 3-5 I suppose has been already ended. The wave is extended and longer than wave 3-3, but trading chaos approach helps us understand that.
We can trade the corrective wave 4. I suppose it is going to print the flat or irregular correction because the wave 2 was represented as a zigzag. Waves 2 and 4 usually have the different structure. I have already opened long trade with the target at $0.34 because the 0.38 Fibonacci retracement is located there. This is the natural target for the flat correction.
After that I expect the last wave 5 inside wave 5 and the end of the bear market. I think ADA can form it’s bottom even earlier than Bitcoin and it has much more potential to grow in the new bull run.
Best regards, Ivan
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ADA - cardano update ; an alternate bottom theoryADA - cardano update ; an alternate bottom theory
Yellow fractal is the same as the other one but stretched out. The momentum signature fits quite well. Zoom out on the chart to see the momentum similarities.
Would mean the bottom is very close and quite soon. Double tap then up only.
That bigger drop option, the momentum doesn't feel right.
note the chart i did back in december i think it was; attached.
macro is pretty darn bad still, everything is still melting, inflation still high, dxy looks like it wants to pump again, at least double top imo, soooo not sure how a bottom could be close. but maybe huh, the financial world is a big irrational casino right now. anything could happen.
going to keep a close eye on this. imo ada is the perfect 'market signaler'.
Cardano Analyze (12/17/2022)!!!↘️It seems that we are still not close to the end of Cardano's decline.
I expect Cardano to continue to fall to the heavy support zone, and after breaking the downtrend line, I can hope for Cardano to rise, so if you are looking to buy Cardano, you will likely see more attractive prices.
Cardano Analyze ( ADAUSDT) Timeframe Weekly⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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 ?)
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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
Cardano : repeating bear market shape UPDATE Cardano : repeating bear market shape UPDATE
just an update to the last idea (attached), things have become a bit clearer, adjusted the fractal to suit. only thing that is unclear with that idea is whether we get one more fake bounce for a bit or not..
its obviously following the last macro bear moves. question is does it diverge, and when? if it does stop following this i'd expect it to around this price point pivot.
gl
Trading Signal For ADAUSDT CardanoTrading Setup:
There is a Trading Signal to Buy in ADAUSDT Cardano.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.370
⭕️SL @ 0.340
🔵TP1 @ 0.460
🔵TP2 @ 0.520
🔵TP3 @ 0.600
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Cardano Daily Analysis.10.02.2022 Cardano in daily time frame moving in the price range of 0.42-0.43, and the important support of Cardano is in the price range of 0.4. If this important support is broken, it is possible to correct it up to the support range of 0.35 at the level of 100 Fibonacci. The second scenario that can be considered is to fluctuate in the range of 0.4-0.43 and in case of breaking the dynamic resistance, the price will move towards the range of 0.45-0.48
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Trader Needs
10.2.2022
DYOR
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
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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: Sleeping Beauty 🪡🛏🌹Just like Sleeping Beauty, Cardano is lying asleep, trapped in a green thicket represented by the green zone between $0.2767 and $0.9355. Here, the altcoin still has to finish wave 2 in green, which it should accomplish no later than the bottom of the green zone. Then, Cardano should get kissed awake and rise from the shrubbery, heading for the resistance at $1.64.
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 :)
Cardano Analyze (Short term/15min Timeframe)!!!Cardano was able to break the Trend line by Bearish Marubozu Candle that it had enough volume. After that, Cardano made a pullback to the trendline, and now I expect it to go down to the target I showed you in my chart.
Also, we can see the Regular Divergence (RD-) between Price and MACD Indicator.
Cardano Analyze ( ADAUSDT)15min Timeframe ⏰
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ADA/USDHello fellow traders
I'm bullish short term on crypto market sentiment. So here is just a target price I'm looking at for Cardano around 63 cents. As you can see in the past history of the RSI and MFI, price might reverse at these levels. I believe we are in a accumulation or demand zone looking to make a move higher. Overall outlook is still bearish unless Bitcoin shows more volume and increasing price action to turn this tide. Just my two satoshis!
Buy Cardano @ 0.80 and Hold for LifeThe last chance to buy ADA under $1.00 will come when price drops near $0.80 for Wave 4 of its first defined impulsive wave!
Based on current logarithmic fib levels, there’s a great chance that primary Wave 5 will reach near the $250 price point in the years ahead.
Still my favorite crypto coin by far.
$ADA - Is it time to buy?$ADA - Is it time to buy?
Beautiful pattern brewing of triangle formation, a break above the bulls are in control and the next area of interest would be the channel we are in towards resistance area of 200 EMA and then taking it towards the area next resistance zone 2 and this follows same if bears get in control bounce below 21 EMA then there marks the support areas 1 & 2.
TJ