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ADA 3x Long / Tether

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ADAUSDT.3L trade ideas

ADA: Bullish Reversal Structure Points to Potential Upside Cardano (ADA) is demonstrating a compelling reversal structure, exhibiting a tendency to respect bullish elements while disregarding bearish signals after initial reactions. Following its ascent to the 60-69 cent range, previously marked by a monthly bearish FVG , ADA found support around the weekly FVG level, leading to further expansion. This shift suggests a transition in order flow dynamics from bearish to bullish. Given that FVGs represent internal liquidity draws, there's an anticipation of an upward expansion towards the 90 cent mark, aiming to surpass previous highs and ultimately targeting the 1.2 level. However, it's prudent to anticipate a sell-off during the summer months, potentially bringing ADA down to the $1 region. This move would serve to reverse the bearish FVG and provide an opportunity for re-accumulation before attempting to breach the all-time highs. In summary, ADA's current price action indicates a favourable outlook for further upside potential, with resistance levels likely to be challenged and overcome. However, investors should remain vigilant of potential short-term corrections and utilize strategic entry and exit points to capitalize on the anticipated bullish momentum
Long
by HadesFutures
Alikze → ADA | Cup pattern formationIn time H8, a cup pattern is formed, the depth of which is more than 37% according to the structure, which in time D1 has a resistance in the supply area, and this break will have the ability to grow up to the specified area with support of 0.5860. Therefore, this break should happen soon for the specified target. The specified areas can be considered as profit limits. 🟩Sup:0.5860 ⛳️Tp 1:0.6806 ⛳️ Tp2 : 0.7826 ⛳️ Tp3 :Red Box ------------------ Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
2
Cardano price can reach 0.78 levelHi everyone, Cardano price broke all levels and set new yearly high 0.68 price level. To be honest I didn't expect this bull run in December as Cardano price rose more steadily than rapidly. At this point main resistance remaining at 0.78 price level. In case if ADA manages to break it then road to $1 becomes open. It might be that after reaching 0.78 price level there might be some price correction on Cardano. I don't think that ADA will manage to break 0.78 before Bitcoin halving happens. Cardano price already increased on more than 50% just in one week and it's not good idea to expect another 50% increasement from it. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
9
ADAUSDT|New update from Cardano and important areasHello friends, I hope you are doing well. We check the popular Cardano currency in the daily time frame. With the growth it has experienced, it has been able to pass its old ceiling, which increases the possibility of further growth for us. Up to the supply area drawn in the chart, there is no other obstacle to its growth. The supply area (0.91-0.87) and then the areas (1.16-1.16-1.25) In corrections, we can enter buying positions in demand areas (0.57-0.6) and area (0.51-0.49).
Long
by Golden_Star1994
1
📈Cardano (ADA): Bullish Breakout & Potential Targets💸💎🔍Cardano (ADA) has broken above its previous resistance level and formed a higher high on the weekly timeframe. The coin has also successfully broken through the supply zone at $0.6 and activated a rounding bottom pattern. 🛒Currently, ADA is in a good position for a long trade. However, if you want to be more conservative, you can wait for a pullback to the $0.65 zone before entering a trade. 🚀The next resistance level for ADA is between $1.1 and $1.2. We can expect the price to at least touch this level, making it our first target. The next resistance level is at $3, which is the coin's all-time high (ATH). This level is likely to hold the price for some time and could be a good area to take profits. 📊On the positive side, volume has been perfectly in line with the trend since October 2023, confirming the uptrend. There is no bearish divergence on the volume indicator. The breakout candle also had high volume, which could be the start of a new uptrend. 🗯The RSI oscillator has recently entered overbought territory, which could lead to increased market volatility. The RSI could rise to a resistance level of 81.99, in which case our first target is likely to be hit. 🛑I recommend placing a stop-loss below the previous low of $0.45. This would give you a slightly tighter risk tolerance compared to the previous recommendation, while still maintaining a reasonable risk-to-reward ratio. 🧠💼This is not financial advice, and it is only my personal opinion on this cryptocurrency. Please do your own research before making any investment decisions.
Long
by itsparham96
Bullish ADA movethe trend on ADA is still bullish we have had a nice push to 75 cents and then we started to retrace forming a range (Accumulation), then we had the nice push down to fill fair value gaps and also test support and we left a violet vector candle that recovered all green vectors from the left side and provided the false move for the retailers to go shorting support . this was the manipulation face and now wr are moving into the expansion phase AKA distribution higher leaving trapped shorts on the lows of the retracement ! this is refered as PO3 from ICT
Long
by HadesFutures