The current situation with ADA📌 Logged Position: ADA May 30 Futures
Field Value
Trade ID ADA-001
Asset ADA May 30 Futures
Entry Price ~$0.78 (from your info)
Current Price ~$0.80+ (spot ref)
Stop Loss $0.769 (below short-term support)
Target 1 $0.824
Target 2 $0.849
Leverage
Position Size
Direction Long
Status Open
Notes Spo
Key stats
About Cardano
Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem.
ADA to 1.618 extension at $5 USD......Took a position at the lows, 2 nice weekly hammer candles.... RSI and MACD showing some exhaustion of selling since Dec, let's see if we get a move up to the golden pocket. The previous ATH could be considered resistance however that was made more than 2 years ago so most bagholders will have sold b
Cardano: The Future of Decentralized Currency?Why It’s Poised to Surpass Bitcoin Without the Pump-and-Dump Chaos
For years, Bitcoin has dominated the crypto space, hailed as the ultimate decentralized currency. But as time passes, cracks in its foundation are becoming more apparent. High fees, slow transactions, extreme volatility, and the ev
ADAUSD Rejection at Supply! Pullback in Play? [Key Levels MappedCardano (ADA) is showing signs of short-term exhaustion after a strong rally, currently trading around $0.7796. Price has tapped into a clearly defined supply zone ($0.7957), and multiple rejections hint at bearish pressure building.
Key Levels:
Supply Zone: $0.7900 – $0.7960 (strong resistance zo
ADA: key levelKey levels I'm watching rn 👀:
$0.82 - 0.83
Multiple contacts circled. Breaks above this level could be mega Bullish as this would also start to break above the macro downtrend.
$1.15 - 1.17 being top line resistance.
A bounce off the $0.82 - 0.83 range and the downtrend would be a great long ent
ADA weekly planIn this idea I marked the important levels for this week and considered a few scenarios of price performance
The price is near the support level at the moment. If the local top will be updated, we may see a short correction, but for now the price is looking downward
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Cardano: Low Ahead!According to our primary scenario, Cardano's ADA coin should imminently pull back toward the support at $0.31 to finally complete the blue wave (ii). With this low in place, we see the altcoin breaking out above the resistance at $1.32. If the price manages to rise above this mark without forming a
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