Cardano Surge?Cardano back to a major resistance? I’m aiming at $2.1 and then a sell limit back towards $0.1
My Entry: 0.26
SL: 0.11
TP1: 0.35
TP2: 0.37
TP3: 0.44
TP4: 0.46
TP5: 0.53
TP6: 0.63
TP7: 0.7
TP8: 1
TP9: 1.5
TP10: 2.0
TP11: 2.1
ADABULLUSD trade ideas
ADAUSD (4H) - Bullish reversalHi Traders
ADAUSD (4H Timeframe)
Waiting for the upward break of 0.2728 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.2497 would cancel the bullish scenario.
Trade details
Entry: 0.2728
Stop loss: 0.2497
Take profit 1: 0.2871
Take profit 2: 0.3103
Score: 6
Strategy: Bullish reversal
Will Cardano Resurface Above $0.30 or Drop to $0.27?
Break Below Critical $0.30 Support: ADA's price broke this level following a descending triangle downtrend, with a 3.55% fall to $0.299 on August 2nd and a further 2.34% drop.
Bearish Breakout and Retest: The ADA coin price reverses from $0.289 for a retest after a bearish breakout, leading to a 4.12% growth in 48 hours and a new bearish phase.
Evening Star Pattern: This pattern at the retest leads to a 1.90% fall in ADA price, breaking below the 50 EMA in the 4-hour chart, but multiple bullish support levels limit the downfall.
Struggle at Key Levels: The post-retest bearish phase may struggle to continue at support levels of $0.289, $0.280, and $0.270.
Bullish Hope on Daily Chart: A retest of a falling wedge breakout and the support trendline provides a bounce-back opportunity, offering hope for the ADA price trend.
Risk of Prolonged Selling Spree: Selling below the support trendline or $0.29 could crash ADA's market value, testing bullish dominance at $0.280.
Potential Bullish Reversal: A reversal from the support trendline could help ADA resurface above $0.30, possibly driving the price to $0.325 this week.
Crossroads in Multiple Timeframes: The current situation presents a critical juncture for Cardano, with conflicting signals in different timeframes, making it essential for traders to closely monitor support and resistance levels for potential breakout or breakdown scenarios.
Ada BottomLooking At market Structure i have previously monthly be critical support ones it possibly brakes down to target is market.
ADAUSD: Looking to buy again.I am a big fan of Cardano/ADA. I was fortunate enough to get in at the absolute low a couple of years back and ride a spectacular 15-18x wave before getting rid of a big chunk of it. Now at a 90% discount I am buying chunks whenever it is below $0.25. Right now, the probability is to break that floor for one last flush down. I will have some limit orders setup on the trendline and fib level on hope those will hit. I am willing to not set a stop loss on this as I will be holding for a really long time. I am putting back less than half of what I made in the last run (well, after the tax I paid, maybe just putting back the original to add to a still profitable bag), so I can afford sit out the turbulence. I have high hopes this will bear fruit eventually.
ADAUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR
ada longwe are looking at a potential situation where ada is ripe for rally, the correction did't went further despite heavy liquidation across other altcoin
Bull Market or One leg Complete CorrectiveWishing you a fruitful week
I would like to share with you two ideas that I have developed using the Elliott Wave Principle.
For more explanation, refer to the attached chart.
Friends, if you like, you can refer to my previous analysis. I must mention that my understanding of the Elliott Wave principle is based on my personal experience, and while I am still learning, I hope to provide better analysis in the future.
Your continued support is greatly appreciated and I look forward to our mutual success.
Sincerely (Mr. Nobody)
Go up and Never Stop.
ADA USD ideaDude, it's a wild ride out there with options aplenty and crazy potential for gains. But check it: before we ride those bullish crypto waves, we're waiting for the dollar and equity market showdown to unfold. Once that's in the bag, crypto's gonna be the ultimate epic mover, catching those waves like a pro surfer carving up a perfect swell. So hang tight, keep your eyes peeled, and get ready to shred those crypto gains once the stars align, man! 🌊🏄♂️🚀
ADAUSD is the bottom in? Where could it go?The last time ADAUSD created a macro market bottom and rallied, it gained about 17,000%. If history holds any merit, it may make moves like this again in the future. However, it's important to highlight that ADA could be targeted by the SEC for violations. It's also the case that Metcalf's law requires more users to use ADA blockchain in order for the price to increase. It is also true that the law of diminishing returns may dampen the potential upcoming pump.
ADAUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR
ADA ☁️ 24-Hr Outlook - Bearish Market; Rebound In 1 Week? Cardano faces clouds ☁️ or even 🌧️ rain in the next 24 hours. This translates into a slightly bearish market with downside risk. 📉
Over a one-week horizon, CRYPTOCAP:ADA will likely see the sun return. ☀️
Follow us for more #Crypto weather insights!
Challenging Sell Signals, Here’s The Crucial Reversal Spot!ADA prices break below descending triangle, signaling potential crash.
Consolidation stage at $0.29 indicates possible retest incoming.
Bullish RSI divergence suggests potential reversal.
ADA breaks crucial support at $0.30, leading to 3.55% drop on 2nd August and 2.34% drop on the next day.
Buyers halt downtrend at $0.291, leading to sideways trend with bullish RSI divergence.
Falling wedge pattern forms in daily chart as ADA breaks below $0.30 mark.
Declining trading volume hints at potential reversal.
Uptrend possible if ADA closes above resistance trendline or $0.30, with a target of $0.42.
Prolonged selling below support trendline or $0.29 may lead to a crash, testing support levels at $0.281 and $0.260.
ADA SET FOR EXPLOSION💥 Long anticipated rally coming soon. Imagine regulation crackdown for coins like this MATIC,SOL,XLM will all come at the same time though as big money begin to pour into these 'Security" coins. Gov will do its best to stop us from making millions on centralized exchanges. Will giants like coinbase concede in the battle? do they even have our back in the first place? when to expect the delisting to begin? Cant be at the same time as the next bull market right guys? that would mean something fishy is going on
ADA USDT PERP Hello Trader
There is a double top area, it can be seen that it is valid but for now it is retesting.
currently being retested
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Disclamer: Not Financial Advice
ADA $0.30 supportNotice the support/resistance flip ADA has shown at $0.30
Notice the daily upwards trendline.
I believe ADA will breakout bullish above this consolidation period very soon.
I believe the next impulse in ADA will have a minimum target of at least $0.47
Good Luck
03/08 - ADAThis is just a small technical analysis for ADA.
Is really simple, using trend lines and S/R.
I believe based on the volume. Price is going up and volume is increasing, a strong indication for a s reversal move to the upside. My trade will be on that break of the smaller trend line with the target being a Holding Level or the other trend line above.
✴️ Cardano's Party Starts Now | New High In Sight!The retrace is over... It is a retrace because the price drop only lasted a few days and remains within a higher low compared to the last major low 10-June.
I am talking about Cardano (ADAUSD) of course.
Yesterday closed as a bullish hammer, the same we had on the Bitcoin and Ethereum charts.
This hammer here is supported by a strong MACD, above zero and a bullish RSI, above 50.
The blue trendline on the chart shows the higher lows.
Notice that there aren't many indicators nor complicated explanations... None of that is needed to read a chart, no complexity is needed to predict the future in fact, simple is best.
If you can't explain it simple enough, it means you might not be as knowledgeable in the subject as you initially thought.
This is valid for everything.
If you can explain something in a calm and simple manner, it shows that you understand.
I am not saying this to criticize or point out others peoples mistakes, I use it on myself.
✔️ You can analyze yourself and see how you feel when doing an analysis, or when opening up a trade.
If the feeling is serene and the signals are good, everything is ok.
If the feeling is of excitement, hurry, making money and rush, stop for a minute because whatever you are doing might be wrong.
Prices move up and down, this we know for sure.
Cardano moved down from April until June, it can now easily go up.
We can setup a stop-loss or define/share an invalidation point, but my readers are experienced, most of them, you have experience... My job is to alert you before things move.
Your job is to use this information to take action, remove doubts, improve your results.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Cardano Update: Shorterm Micro Bullish Structure Intact......But this could be extended wave 4 in an overall c-wave decline displayed in purple. The mid June decline into the low .20 cent region invalidated the immediate move to the $.70-.80 level. Granted in the very micro charts, the structure favors higher levels...but it may just be respite for eventual lower levels to come.
Black is my primary analysis and purple and orange are alternative pathways. However purple has a high probability of completing. If price were to breach $0.47 at any time, I will defer to my orange pathway.
ADAUSD-Trade in rangeADAUSD is trading in range between support and resistance placed buy limit at S1 and Sell limit at R!
ADAUSD Sideways Trend 1 HourADAUSD show a sideway trend. That's why we use Support and Resistance for trading in Sideway Market. We pointed 3 Supports and 3 Resistance for our trading plan.
