Cardano ADA I have plotted out the highs and the lows for the RSI and the Candles. Have a look and see what you think? I find that this way brings the information into focus, for me. Could Cardano be looking at a up trend in the future?
ADAUSD.P trade ideas
ADA LongRevolut, a prominent digital investment bank, has made a surprising move by announcing the cessation of support for three major tokens — Cardano (ADA), Solana (SOL) and Polygon (MATIC). The news, revealed by esteemed crypto journalist Colin Wu, came to light after Revolut reportedly sent an email to its U.S. users, notifying them of the impending delisting.
Read more on U.Today u.today
✴️ ADA Trade Signal (8X)Cardano has been going through some major developments, at all times, great news, great fundamentals and the market is moving ahead.
I am going long on this one with 8X.
I don't think ADA will stay behind, I believe it will grow.
Here we have a rising channel on this chart that is pretty clear and strong, other major and classic signals such as the RSI and moving averages are also looking well... And the rest of the market is starting to heat up.
Namaste.
ADAUSD IdeaThe Market is showing good Pattern which is indicating the SHORTING Apportunity. Market has went up to make Tripple-Top at Key level on Daily Time-Frame. Market has broken the support level at 1Hr time-frame, there is nice development of Trendline on 4Hr time-frame with 3 confirmed touches. Market may go up to confirm the Trendline at 1hr time-frame with 3rd touch point.
ADA- Strongly bearish under 0.3The trend for Ada is clearly bearish and the coin has made even a new low after the start of the year's crypto rally.
At this moment AdaUsdt is trading under important 0.3 resistance and a new drop is probable.
The target for this drop is the recent low, but a new low is not out of the question, even probable
6/27/23 ADAADA over sold! red candles & green candles!
I just got in @ 0.2845 & get out around 0.3600 a 26.5% measured move!
IN & OUT!
psychology of a traderLet's talk about risk to reward ratios, in the Securities and Exchange Commission's lawsuit against Binance ADA is directly named as an unregistered security. there were plenty of other big names listed but I know Charles. He believes in the technology. You can see that through the hundreds if not thousands of hours of YouTube videos he's made on this subject. depending on litigation ADA could go much higher than $4.50 but that's why I'll be out before $5
✴️ Cardano | Good News! Read In Full!I am doing a new session of looking at your desired Altcoins... The first one that came in was Cardano (ADAUSD)... Let's get started.
If you enjoy the analysis remember to LIKE/BOOST, it takes only 1 minute and it really helps!
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We are looking at ADAUSD, which is the same as ADAUSDT, ADAUSDC, etc. Valid for all USD pegged stablecoins.
11-June Cardano hit a lower low compared to December '22. This is not bad, this is good news.
This happened because the SEC called it a security in one of its lawsuit against Binance/Coinbase and some exchanges delisted the pair.
This has been priced in and is already over. Life/Cryptocurrency will continue.
The lower low is bad news if you are trading leverage and your position is liquidated. If you are spot it doesn't change anything, short-term noise.
If you are out and want to buy-in, this is a great opportunity because you now get the lowest possible prices in more than 6 months.
Once we hit bottom, the only place left to go is up.
So the RSI is oversold (weak) and already recovering.
We can see strong bullish action and strong, clear reversal signals.
We expect Cardano (ADAUSD) to grow easily from here on.
We will still have waves, up and down, up and down... Still the shakeouts, volatility, market swings but long-term growth.
By the way, the lower low only happened in a the candles wick, the close was higher.
So technically we have a higher low.
Namaste.
Long Term View on ADA for 2024Since we are on a upward trend now here is my assumption of how things will play out on the long term. since we peak bottom oscillation we are likely going to swing upward.
#CARDANO #ADA LONG-TERM TARGETSSupport at the bottom of the ascending channel
3-6 MONTH TARGETS:
0.40 $
0.65 $
0.88 $
2.4 $
2-3 YEAR TARGETS:
5.9 $
13 $
20 $
41 $
STOP LOSS:
0.20 $
ADA whales drive Cardano price towards $0.3, Investor optimismADA Whales Propel Cardano Price Closer to $0.3, Inspiring High Investor Expectations
Following a significant decline in early June, wherein Cardano experienced a 30% loss in value, the altcoin is now witnessing a remarkable resurgence. The market-wide recovery has contributed to a nearly 6% increase in the past 24 hours. However, the optimism surrounding ADA extends further, as whale holders demonstrate strong bullish sentiment this week.
As the broader crypto market rebounds from recent lows, with Bitcoin inching closer to $30,000 and several altcoins experiencing gains, Cardano finds additional support from a crucial group of investors.
Cardano Price Reclaims Ground
At the time of writing, Cardano's price hovers above $0.28, bridging the gap left by the early June crash. This third-generation cryptocurrency endured a substantial blow when it incurred a loss of over 30% within a week. However, fueled by overall market bullishness, ADA is now approaching the $0.3 milestone. Notably, the altcoin has surged by approximately 7% in the past 24 hours, accompanied by a sudden increase in the interest of whale investors.
The influx of these investors is evident in the total inflow of addresses conducting transactions worth over $100,000. They have collectively acquired around 263 million ADA, valued at approximately $71 million presently. Recognizing this favorable trend, it appears to be an opportune moment to accumulate cryptocurrency assets, leading us to consider a strategic long-term investment approach through Buying Deep.
ADA Cardano Bearish Short Cardano face the SEC’s scrutinyDAILY TF short
4H Short
2H Short
34min Short
Strategy Trend Bearish Only technical rules.I ignore all fundamentals
Risk and money management; Trend continuation,trailing stop(Only if buy sell pressure and trendomat confirmation follows)
Position sizing
Solana and Cardano get listed as tradable digital assets in Indonesia.
SOL and ADA experienced price recoveries despite lingering bearish trends.
Solana and Cardano have found themselves entangled in the scrutiny of the US Securities and Exchange Commission. Yet, a glimmer of hope emerged from the recent developments in Asia, potentially offering respite to the assets and their holders. While the regulatory situation in the US remains uncertain and unclear, the news from Asia brings a fresh breeze of optimism.
Cardano could enter an extended price consolidation below $0.3 as buyer and seller indecision persists.
ADA’s lower and higher timeframe charts were bearish.
Long positions were wrecked; funding rates were negative.
The resilience seen within the Cardano ecosystem is yet to boost ADA’s price outlook. It registered an impressive adoption and network growth rate as transactions hit 69 million. But the token’s price remained below $0.3. In fact, it even surrendered gains made between 10-13 June.
The strong rebound from $0.220 on 10 June saw bulls extend gains up to 13 June but didn’t cross the $0.3 price level. Interestingly, the $0.3 level aligns with the 50% Fib level, making it a more crucial roadblock if bulls were to gain an edge and reverse Q2 losses.
In the meantime, the RSI (Relative Strength Index) retreated from the oversold zone but was still within lower ranges, signalling weak buying pressure. But the Accumulation/Distribution metric moved sideways after a slight uptick – pointing to indecision between buyers and sellers.
So, a range formation between $0.247 – $0.3 could be on the cards, given the indecision among buyers and sellers.
But a bearish breakout from the range could ease at $0.220 or $0.182, especially if BTC retests the $24k.
A pullback can be used to sell more ada, as trendomat is bearish
Cardano becomes 0.16Hello friends, how are you?
Pay attention to the Cardano chart because we can have a drop of up to 0.16
ADA - bearish pennant A bearish pennant starts with a noticeable downtrend in the price of an asset, like ADA. After the initial decline, the price enters a consolidation phase where the daily price ranges become narrower, forming two converging trendlines. This consolidation indicates decreasing volatility and a potential continuation of the downward trend.
ADAUSD Retracement to 0.317 Supported by Fib ConfluenceThis idea proposes that the ADAUSD pair will experience a retracement up to the 0.317 level, driven by a confluence of Fibonacci levels. The analysis indicates a strong probability of price movement based on two key Fibonacci indicators: the 0.618 retracement level and the 100% fib-extension level of the first wave following a previous market crash.
The Fibonacci retracement level of 0.618 often serves as a significant support or resistance level in financial markets. In this scenario, it is expected to act as a support level, propelling ADAUSD towards a potential retracement. Furthermore, the 100% Fibonacci extension, calculated from the price swing after a crash, adds to the confluence, indicating the likelihood of a meaningful price movement.
Traders and investors are advised to monitor ADAUSD closely as it approaches the 0.317 level, as it presents a potential opportunity for long positions. However, it's crucial to use other technical indicators and risk management strategies to validate and assess the trade before entering any positions. Keep a close eye on price action and consider confirming signals from other technical analysis tools to increase the confidence in this retracement opportunity.
💥ADAUSD 4H-TIMEFRAME ANALYSIS💥ADAUSD 4H-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥Cardano
I hope my idea is clear
Support me by like and share thank you
Stay Safe💯💲💲💲
Good luck💰😍
25% profit from ADAUSDT?hello everyone
do you think this flag pattern is right or not?
i think you can make 25% profit from this pisition
make your mind
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ADAUSD | Wave projection | Double combination - Bulltrap D-waveA potential double combination scenario with double zz - X - triangle ABCDE with a false head & shoulders breakout D wave - could retraced as high as 0.786 fibonanci of previous wave and possible E-wave coming for liquidity zone.
A safer long entry @ wave D breakout after liquidity targeting at the next liquidity zone +110%.
Good Luck
ADAUSDTWe are in a correctional area, not a motive rise, and this appears from the shape of the candles that have been moving horizontally for a long time, in addition to that the rise occurred in only three Elliott waves, so more declines are expected
Note: the analysis fails if the price closes in the highest area 0.397 usdt
ADA - CARDANO - in charles we trust ; the neverending story IVADA - CARDANO - in charles we trust ; the neverending story IV
Ok, this ship looks to me to be turning.
its all there on this blessed chart. which i diligently read the tea leaves for you to succeed in this casino.
cardano did 100x+ TWICE. from the same frigin price point in two different cycles. iam pretty sure she goes for a third. does it all play out exactly the same? maybe, prob not, but i bet it will be pretty similar.
key points here;
check that momentum signature at the bottom there. the same shape. same levels basically. maybe we get that second option for another nuke 40% or so but my money (irl) is on that relief bear market pump first. then some black swan to wipe everyone out again and thats when cycle 3 begins.
this will be my last ADA chart for awhile. think ive been over doing it. now we've had some interesting price action it was time to do this last one and sit back and see what happens.
I AM ACCUMULATING
lfg. take me to the promised land charles.
Cardano is going to $0.02 (2 cents)Cardano is going to $0.02 (2 cents)
The bear market has not begun. Charles Hoskinson is a scammer. The FED confirmed this and 99% of other cryptocurrencies as securities.
There is no hope left. Abandon all hope!!
ADA Head & Shoulder PatternHello Guys, Hope you are doing fine.
ADA is making a bearish head and shoulder pattern
We wait for the break-down of the neck-line with high volume for aggressive entry or if with low volume then a conservative entry on retest of the neck-line.
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