ADA Cardano Support & R ZOOMED IN 3 HRBoys and girls and reptile people.
S & R on the 3 Hr.
I like 3 & not 4.
I change my mind fast and react to situations very quickly like I do on the ice as a goalie(Fighting Sioux Forever).
Is this a bottom? We will know soon. I see a lot on this time frame here.
I wish the best for this project and have heard many people here in Wyoming talk about ADA. Maybe they didn't know much but they are long term investors and the work on this project has not stopped.
Let's see this bottom! I'm a guy that is into bottoms!
ADAUSD.P trade ideas
ADA Cardano Support & R Zoomed outS & R zones
I wish I would have bought more near .24, I doubt we see it again.
I will sell off a great portion before and at previous ATH.
With the rest of the bag I will pay for some fishing adventures.
Please let me know what you see or if you have any special info add it here in the comments please.
We can all win together in this!
It could go to ZERO do not use my charts expecting your life to change but mine has.
Peace and prosperity my people of the world!!
✴️ Cardano Adam & Eve | Waiting For A Confirmation (Buy & Hold)Many Altcoins have been producing the Adam & Eve pattern, a bottom formation.
And many of these patterns have been successful at predicting a reversal, the level accuracy has been high.
And thus it is really positive to see this pattern here on the ADAUSD (Cardano) chart.
First, it is all about the support level; Is the low/bottom in?
That's all that needs to be confirmed to know that things will change.
We do get confirmation and the low is in, great.
The higher low in September vs June confirms the low is in.
With this it would be enough for us to say, with a high level of accuracy, that the next major move is up.
Instead we forget about the initial confirmation we needed and move on to the next... ADAUSD is trading daily above EMA21 and EMA10 but what about EMA50? It needs to be above EMA50 to be bullish right?
Yes, this confirmation also comes in but we still don't know, supposedly... And now we are waiting for a strong big candle supported by high volume to say that prices are truly going up.
We have multiple confirmations, other pairs are already moving strong...
We have all we need based on technical analysis to buy and hold.
ADA breaks bullish and yet we continue to wait... The confirmation is in for sure now, let's wait for the correction to enter, we need a retrace for a good entry before we can move ahead... And then it goes up and up and up... You missed the train!
What happened?
You forgot that the market can go either down or up.
All you have to do is buy and hold.
➖ If the last low breaks down, close the trade at loss.
➖ If the pair grows, that's a winner, collect profits on the way up.
You end up with very low risk and high potential for rewarded.
The confirmation is already in, you can't win them all.
Namaste.
ADAUSD On the verge of a rallyCardano / ADAUSD is trading over the 1day MA50 in the past 5 days.
The pattern on the 1day time frame is a Triangle, with Support A (0.23500) holding on three different occasions and the next obstacle to overcome being the Falling Resistance (top) of the Triangle.
Right now as long as the MA50 holds, you can target 0.28855 (Fibonacci 0.236).
If the Falling Resistance breaks, you can re-buy and target 0.37500 (Fibonacci 0.618 and previous Lower High).
The 1day RSI has its own Falling Resistance to consider.
Follow us, like the idea and leave a comment below!!
Will Cardano Reach $0.35?ADA price breaks above the $0.25 mark with a double bottom reversal.
Cardano aims to reach $0.325 after retesting the $0.25 breakout.
Deep correction phase in 2023, but Cardano plans a bullish reversal from $0.24.
Year-to-date growth in 2023 is just 6.50% for ADA.
Falling wedge breakout in the daily chart signals a bullish rally.
ADA price crosses the 50-day EMA, accounting for a 7.82% price jump recently.
Current ADA price is $0.262 with an intraday gain of 1.16%.
DMI indicator shows high trend momentum with a positive ADX line.
50-day EMA surpassed, increasing the likelihood of a golden crossover.
A rise above $0.30 could push ADA to as high as $0.356 by month-end.
A fall below $0.25 will test the $0.24 base level.
Overall market conditions and ripple effects could drive ADA prices higher.
Cardano (ADA) to 50 cents.This is not going to be popular…
This idea is a continuation from the “Cardano (ADA) to 80 cents” idea published in September 2021. I’m now satisfied the conditions for continuation have now been met. Before the critics come out on mass, check out the 80 cents idea below before commenting. I’m not interested in tribal whataboutery, I’m only interested in the facts of the chart.
Why so bearish? The TA:
1) The 10-day bearish divergence alluded to in the idea below has now confirmed.
2) The trend is lower highs lower lows following the break of market structure.
3) The head and shoulders breakout on the weekly.
4) The weekly death cross. No one seems to be talking about it. It is very clear to see.
On the whataboutery:
5) From Meet Kevin on YouTube to almost 90% longs on Tradingview, everyone is a Cardano bull right now. $3-10 ADA is being called for. Let me remind you, 95% of traders will lose money. The herd always get it wrong.
Is it possible price action continues to move up? Absolutely. Price action might blast through the 21-week EMA (yellow line). If that happens, this idea is void.
Is it probable price action continues higher? No.
A short position from $1.30 Is excellent.
Is there a silver lining? Yes, look at the apps building on Cardano, almost all are massively bullish from a TA perspective. Shall I publish? I’ll think about..
Good luck!
Ww
Cardano (ADA) to 80 cents
📈📊 #ChartPattern Alert! 📈📊 📈 Triangle 📈A "triangle," in the context of trading and technical analysis, is a chart pattern that forms when the price movements of a financial asset create a shape resembling a triangle. Triangles are typically continuation patterns, meaning they often indicate that the asset's price is likely to continue moving in the direction it was heading before the formation of the triangle.
There are several types of triangles:
Symmetrical Triangle: This triangle forms when the price oscillates between two converging trendlines, one sloping upward and the other downward. As the price approaches the apex (the point where the two trendlines meet), it's expected to break out in either an upward or downward direction, indicating a potential continuation of the previous trend.
Ascending Triangle: An ascending triangle occurs when there is a horizontal resistance level and an upward-sloping support line. This pattern suggests that buyers are gradually becoming more aggressive, and a breakout above the resistance level could lead to an upward trend continuation.
Descending Triangle: Conversely, a descending triangle forms when there is a horizontal support level and a downward-sloping resistance line. In this case, sellers are becoming more aggressive, and a breakout below the support level could indicate a continuation of the downward trend.
Traders often use triangles to identify potential entry and exit points for their trades. The breakout direction from the triangle pattern is seen as a significant signal. However, it's essential to consider other factors, such as volume and overall market conditions, to confirm the validity of the breakout.
In summary, a "triangle" in trading represents a chart pattern formed by converging trendlines, indicating a period of consolidation in the market. It's a useful tool for traders to anticipate potential price movements and make informed trading decisions.
Incoming Supply Warns A Crash in Cardano!ADA has reversed within its consolidation range.
Experienced a 2.78% drop, suggesting a potential bearish breakdown.
A breakdown could push ADA to as low as $0.20.
In the 1-day chart, ADA continues to form lower highs.
The price has moved below the 50-day EMA, leading to a resistance trendline formation.
ADA struggles to breach an overhead trendline.
The coin trades in a tight range between $0.265 and $0.235.
There's a possible formation of a double bottom pattern at the support zone.
Technical Indicators:
MACD: Indicating a bearish crossover.
RSI: Maintains an uptrend, suggesting bullish divergence.
If Bitcoin drops more than 1%, it could trigger a larger market-wide correction.
Potential outcomes:
A drop below $0.235 might result in a decrease to $0.20.
A bullish reversal from $0.235 could lead to a 10% price jump to $0.25.
Breaking The $0.25 Gates, ADA Price Might Descend To $0.20!Cardano (ADA) displays a bearish breakdown of a head and shoulder pattern.
ADA price has dropped below the 25 cents mark.
The daily chart shows ADA under a strong resistance trend line, leading to multiple lower-high formations.
ADA is currently trading at $0.244, with a bearish pattern indicating a potential downtrend to $0.15.
Technical indicators like the RSI show bullish divergence, while the MACD indicates a bearish crossover.
If ADA breaks below the $0.235 support, it could continue its downtrend to $0.20. A bullish reversal from $0.235 could challenge the resistance trend line.
ADA in weekly chart Hi friends
I have spent all of these days to analyze BTC and ETH
and now I am fairly sure that we will see a huge drop
in BTC and ETH and so in other ones following these 2
masters. ADA is included in this forecast and I expect to see its another drop in the next weeks.
I am not sure that which resistance will have the enough
power to reverse the bearish chart and it will be cleared in the next weeks.
Be happy
Cardano to $150?Long term cup and handle formation in play, targeting $150 in next bull run.
Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal balls here—just a pinch of insight and a dash of caution
CARDANO - Lower Timeframe Overview On the lower timeframe, we can see that we have 2 entry trendlines in place.
The orange trendline = Risk entry
The red trendline = Safe entry
Trade idea:
- watch for break of either trendline for entry
- once trendline broken, stop loss goes below price
- Targets: 0.38, 0.4, 0.46
Goodluck and as always, trade safe!
CARDANO - Higher Timeframe Overview ✨For Cardano, we are expecting a deep retracement on a higher timeframe. Deep retracements usually take the shape of zigzag patterns (535). We have completed wave A ( 5 waves ) and currently in subwave C of wave B ( 3 waves ). Our misson is to catch subwave C before riding wave C ( 5 waves ).
See our next post for lower timeframe analysis.
Goodluck and as always, trade safe!
ADA LONG AT 0.251ADA is reaching a strong support at 0.251 and the RSI is indicating that we are going down at the moment so if we got down and retrace around that area I hope we will see it rising up at least up to 0.266, leaving us with a descent 5.56 % in profit. If we managed to touch the support we will have a low risk and a beautiful loss to win ratio :-).
ADAUSD Analysis 3Sep2023This analysis sees from the market structure that occurs. After Choch the price returns to bearish and there is a fake out. At present the price has not returned bullish, still in the correction stage. There is a possibility that the price touches the fake out area before continuing bullish. Take long when the price approaches the fake out area.
Cardano(ADA) Long Term Analysis Hello my friends, How are you doing?
It's a new day and I want to talk about Cardano to you.
Actually, I really like this asset. But at this price, it's so dangerous to buy.
I want to show you where is the best place to buy and Hold and what's the Final target.
As you understand it's a big scale about Cardano.
So don't forget to Like 👍, share with your friends 🤝, and then Follow ✌️ me to be able to see my next analysis.
Did you do that? So, let's go.
Here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Ladies and gentlemen, let me introduce Cardano and the best zone to buy 😍😍
I want to analyze Cardano in Weekly Time Frame.
Before that, I want to remember It's not financial advice. so, just see and think about it.
I'm just sharing my view and opinion of the chart. Please do your own research.
Everything changed when we lost 0.33 USD in Cardano 🤷🏻♂️🤷🏻♂️🤷🏻♂️
As seen on the chart The price is so close to the first Support zone in 15-17 Cent and I expect the price to react to this support. But it's not the End of the movement. I expect the price to go up and then drop again. because the main correction has not ended.
The Second zone is between 8-9 Cent and it's the best zone to buy and hold Cardan for a long time 🧞♂️
Everybody who buys in this zone will be rich. Because from 0.09 To 10 USD.
It would happen around April 2024.
There is too much distance and I want to tell you and huge profit is coming. I mean it's more than 10000%. Such a wow.
As I told you my final target for Cardano is 10 USD 😍😍
So, don’t miss this chance.
We will enter into the depression zone soon.
Please be patient and put your order carefully.
We will never see this price anymore.
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth 💶
I hope you will fulfill your ambitions.
Sincerely Yours
Ho3ein.mnD ❤️