Correction over the weekend?Good Morning
We hit the 0.78 fib as expected,
im now waiting on a correction to 0.6519 - 0.6944 area.
Good luck
ADAUSDT.P trade ideas
Can Cardano go higher?Good afternoon.
I'm looking at 3rd of a 5 wave up in a larger wave 5.
Can the wave 3 on the micro reach the next fib of 0.78 before a 4th wave down?
The 0.78 was also the March 2024 high. Smash this and we can start looking at the next targets on the micro.
Fingers crossed and good luck
Cardano (ADA) in Rising Wedge, Approaching Resistancehello guys.
Rising Wedge Pattern: Cardano is currently forming a rising wedge, a pattern that often suggests a potential bearish reversal after an uptrend.
Resistance Levels: Key resistance at 0.7021, where price may face selling pressure if approached.
Support Zones: Immediate support at the lower boundary of the wedge. A breakdown here could signal a pullback toward the lower range around 0.6039 or deeper, to the 0.5193 support level.
Potential Scenarios: If ADA breaks above resistance, it could attempt a further rally toward 0.7800. A rejection, however, may initiate a downside move within or below the wedge pattern.
Next Steps: Monitor the price action at key resistance and support levels for breakout or breakdown signals, with a focus on volume for confirmation.
ADA - Short term Target $0,90 - Break out bullish penant + flagADA shows on the 1H time frame a bullish flag with target $0,95 on the 4H time frame a bullish penant with target $0,90. ADA dominance graph is ready to increase as well. Multiple indicators are turning bullish again. So it seems that ADA is ready for a next move up.
Mixed Indicators Signal Turning Point for ADA on the 1-Hour CharIs BINANCE:ADAUSDT at a critical juncture? The latest analysis of the ADA 1-hour chart reveals a blend of bullish and bearish signals, indicating potential market movements. Key support levels are being tested, with the Relative Strength Index (RSI) suggesting overbought conditions and early signs of cooling momentum.
The MACD shows diminishing bullish momentum, while moving averages indicate a short-term bullish trend. However, the convergence of EMAs raises the risk of a bearish crossover, which could trigger short-selling activity.
Traders might want to consider risk management strategies, especially when entering long positions near $0.7216 or monitoring for short opportunities below $0.7248. With mixed indicators at play, caution is essential before making trading decisions.
ADA Surges After Hoskinson Confirms Partnership with TrumpCharles Hoskinson, the founder of Cardano, is now set to join Trump team, and the market is responding with enthusiasm. Charles Hoskinson, the visionary founder of Cardano, is officially stepping into a pivotal role within Trump administration, fueling excitement across the crypto market. This groundbreaking partnership is being hailed as a game-changer, positioning Cardano at the forefront of regulatory innovation and blockchain adoption in the United States.
The market is already reacting, with ADA surging as confidence grows in its potential to secure mainstream adoption and institutional backing. Analysts are speculating that this bold move could propel ADA well beyond its previous highs, potentially setting the stage for it to reach unprecedented levels in this market cycle. Could $22 be within reach? The momentum suggests it’s entirely possible.
BINANCE:BTCUSD COINBASE:BTCUSD COINBASE:ETHUSD
ADA - Target $1,20 - Cup and handle pattern on daily timeframeI see a new pattern developing on the daily timeframe that can let ADA's price increase up to $1,20. The blue lines shows a cup and handle pattern.
ADA Surges Amid Rumors of Hoskinson-Trump PartnershipIn his latest YouTube live stream, Charles Hoskinson, the founder of Cardano, announced plans to establish an office dedicated to engaging with government authorities, strengthening Cardano’s strategic position in the global regulatory landscape. This initiative underscores Cardano's commitment to aligning with market trends and regulatory requirements, positioning the ecosystem for greater institutional adoption.
Hoskinson revealed that his team is in contact with key political and regulatory figures, indicating that Cardano is strategically poised to benefit from regulatory advancements and new opportunities in the global cryptocurrency market. This move aims to ensure that the blockchain remains not only competitive but also a leader in compliance and innovation.
With this enhanced focus on regulation and the network's ongoing technological advancements, such as the growth of its DeFi ecosystem and increasing interoperability, ADA has a realistic potential to reach $8 in the near future. Analysts highlight that, supported by Cardano’s solid fundamentals and strong community backing, the project is well-positioned for substantial growth, especially in a more defined regulatory environment.
This new phase cements Cardano as one of the top contenders in the crypto market, offering significant opportunities for investors looking to capitalize on its upward trajectory. BINANCE:SOLUSDT COINBASE:BTCUSD BINANCE:BTCUSD
Alikze »» ADA | The scenario of wave 3 or C rising super cyclesAccording to the analysis of the previous post that was presented in the 8h time, according to the cup pattern, it made a growth as high as the height of the pattern valley, after which it encountered supply.
💎 But in the weekly time, due to the fact that it created a reliable floor in the golden zone of the previous wave, it faced demand.
💎 Currently, this return wave can be a pullback to a broken structure and a swing, which should meet good demand in the 39 cents area.
💎 First scenario: Therefore, according to the structure and movement behavior, it can have the first target of 0.8789 to 0.9766 by maintaining the green box area.
💎 Alternative scenario: if the range of 39 cents is broken, it can retest the floor of the range of 23 cents again.
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A Hate Trade - A long time comingCardano has received as much hate as Ripple and the XRP community. Rightfully so over the years. Rightfully, if you are new to the markets and expect a company to build and develop game changing something or another in just a few short years.
If you watch Shark Tank, or anything similar to an investment show, you should take note that many of the people looking for money from the sharks, started their business 5-7+ years ago, prior to the success they have at the time of their appearance, and thus bringing them to point of expansion.
TLDR: Cardano has played the long game. And this time, it might pay off.
Next big stop is the big psych 1$ level. If the broader market carries forward, this level will be a nothing burger. It might provide nice support on a breakout and retest type trade. And that very well could be the last time we see this level if this bullrun provides new all time highs.
CARDANO Long EntryI currently see 2 main positions from which Cardano could recover and go upside.
First one is between the first two green lines - in the purple box. SL set below the box.
And the second position is between the two lower green lines - again entry in the purple box and SL below the box.
My current TP is around 80%, and after that being reached, I move SL onto 20% profit line.
ADA EOY targetsHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
The chart explains it all pretty much..
From my own TA perspective, it seems that BINANCE:ADAUSDT could be
at around 0.60 - 0.80 cents EOY and potentially even the 1 dollar mark.
What about downside? Well if Bitcoin takes a massive dump
then ADA could hit the 0.25 - 0.31 zone (i find it unlikely)
Even though I'm clearly more bullish than bearish
I still ALWAYS consider downside while being it.
Just an idea, BOOST if you like it and follow for more!
NFA DYOR <<<<------
ADA REJECTION Ada rejected near perfect to the huge sell volume resistance, id expect ada to head down to some where around 0.46c. next strong support.
Cardano (ADA) - Pullback Expected!Cardano (ADA) has managed to breakout out from a key resistance level of: =$0.40 and has been on parabolic run since with +100% gains from a single weekly candle. Bulls momentum will be exhaused from this buying presure. Expect the bears to create a healty pullback back down to the following:
"NEW" Support Zone= $0.54
If a weekly candle can close between: $0.54 - $0.59, then ADA will retest $0.65 again.
ADA is still forming higher lows on the chart with trend lines which is bullish also for long term!
🌟Target= $0.90🎯
‼️DISCLAIMER PLEASE READ CAREFULLY‼️
*(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS THAT YOU MAY MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSE MONEY, IF NOT ALL.)
(CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION. SEEK PROFESSIONAL ADVICE FROM A CERTIFIED FINANCIAL ADVISOR.)
Adausdt for buyPrice retested a weekly support level, brokeout of a trendline. Wait for breakout, retest and a bullish candlestick pattern for confirmation on the resistance zone above.
When to enter?Best price to enter long on CARDANO (should it reach it) is $0.4684. Analyze when price reaches there.
Momentum Rating Update - ADA/USDTOur Bullfinder AI Tech has identified a potential opportunity within Cardano ( BINANCE:ADAUSDT ) as potentially bullish above $0.5870.
Upon reviewing latest developments, our founding Team have identified $0.4860 as an important price point to monitor. If price moves below this price point, bearish continuation risk may increase substantially.
(Please note - This page has experienced a name-change from RiskMastery to Bullfinder-ai)
We look forward to bringing you more great content within our publications, and thank you for being here with us!
Love & Wisdom,
Team at Bullfinder AI
Be ready for CARDANO!It's ready to pump! If cross and closed above $0.8104, targets are: $1.2630 and $1.7793.
#ADA Breaks Through Key Resistance: Is a Major Rally Ahead?Yello, Paradisers! Could this be the moment #Cardano finally takes off, or are we facing another potential setback? Let's discuss the latest #ADA analysis:
💎After breaking through the descending resistance of its falling wedge pattern, #ADAUSDT is showing promising bullish momentum. But before we get too excited, let’s dive into the crucial levels and scenarios to determine the next probable move.
💎Currently, #Cardano is approaching the demand zone around $0.313, a vital support level that could spark a new leg up. If CRYPTOCAP:ADA rallies from here and breaks the $0.417 resistance level, we might witness a notable shift in market structure, potentially propelling the price toward higher resistance targets.
💎If CRYPTOCAP:ADA fails to hold this demand zone, it could slip down to test the critical support between $0.274-$0.290. This range, aligning with a previous low, acts as a crucial price floor. For the bullish outlook to stay intact, CRYPTOCAP:ADA must reclaim the $0.313 level with strength. Any sustained move below this level could indicate a breakdown.
💎On the other hand, if a daily close occurs under the $0.274 support, the bullish case would be invalidated, putting CRYPTOCAP:ADA at risk of setting a new lower low. Such a scenario would significantly increase the likelihood of further declines.
Always aim for precision and keep a close eye on the critical zones to maximize your trading edge.
MyCryptoParadise
iFeel the success🌴
CARDANO EXPLOSION I think cardano in next weeks can reach higher levels. Volumes are increasing and it's a alert for us
So becareful after breaking structure in lower tf you can enter the long
Cardano Founder A Potential Crypto Advisor to TrumpThe cryptocurrency world is buzzing with speculation about the potential appointment of Cardano founder Charles Hoskinson as a crypto advisor to the next US administration in 2025. This news has sparked excitement among ADA holders and crypto enthusiasts alike, with many wondering if this could trigger a significant bull run for the Cardano token (ADA).
Hoskinson's Background and Vision
Charles Hoskinson, a prominent figure in the crypto space, is known for his co-founding role in Ethereum and his subsequent creation of Cardano. He is a vocal advocate for blockchain technology and its potential to revolutionize various industries. Hoskinson's vision for Cardano is to create a sustainable and scalable blockchain platform that can support a wide range of decentralized applications (dApps).
Potential Impact on Cardano (ADA)
If Hoskinson were to become a crypto advisor to the next US administration, it could have a significant impact on the cryptocurrency market, particularly for Cardano. Here are some potential scenarios:
• Increased Regulatory Clarity: Hoskinson's influence could lead to more favorable cryptocurrency regulations in the US. Clearer regulations would reduce uncertainty and attract more institutional investors to the market, potentially boosting the price of ADA.
• Enhanced Adoption of Cardano: Hoskinson's position could help accelerate the adoption of Cardano's blockchain technology. Governments and businesses may be more inclined to explore the potential of Cardano for various use cases, such as supply chain management, voting systems, and financial services. This increased adoption could drive demand for ADA and push its price higher.
• Positive Sentiment and Market Momentum: Hoskinson's appointment would likely generate positive sentiment and excitement around Cardano. This could lead to a surge in buying pressure, driving the price of ADA upwards. Additionally, it could attract new investors to the Cardano ecosystem, further fueling the price rally.
ADA Price Prediction: Could It Reach $5?
While it's difficult to predict the exact price of ADA, the potential positive impact of Hoskinson's appointment could certainly contribute to a significant price increase. However, reaching $5 would require a combination of favorable factors, including:
• Continued Development and Innovation: Cardano's team needs to deliver on its development roadmap and introduce innovative features to attract developers and users.
• Positive Market Sentiment: A sustained bullish market sentiment for cryptocurrencies would be beneficial for ADA's price.
• Increased Institutional Adoption: Growing interest from institutional investors would provide significant support for the price of ADA.
It's important to note that price predictions are speculative and subject to market volatility. While Hoskinson's appointment could be a major catalyst for ADA, other factors such as broader market trends, regulatory developments, and technical analysis will also play a crucial role in determining the price of ADA.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
A Greedy Market Emerges: Return of The Sleeping GiantADA has finished consolidating and has officially reached escape velocity, entering a strong zone of liquidity to fuel further movement to Jupiter.
With a lovely confluence of increasing volume, a big green dildo, and Trump's victory, ADA is destined for further gains.
With an absolutely screaming RSI, I'm waiting for a .34 fib retracement to 0.5465. TP1 at 0.749 and TP2 at 1.20.
Happy trading,
Melonfarmer
Important volume profile section: 0.5941
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
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(ADAUSDT.P 1M chart)
Important volume profile section is formed in the 0.4346-0.5941 section.
Accordingly, the key is whether it can receive support and rise near 0.5941.
-
(1W chart)
Currently, the BW(100) point is formed at the 0.6818 point, so the point to watch is whether it can rise above 0.6818.
To do this, we need to see if it can be supported near 0.5941
1st: 0.6206
2nd: 0.6818
and rise to the 1st and 2nd ranges above.
Since the HA-HIgh indicator and the BW(100) indicator indicate the high point range, if it breaks through this indicator upward and receives support, it is highly likely to renew the high point.
If it fails to rise, it may fall until it meets the HA-Low indicator or the BW(0) indicator, so we need to think about a countermeasure for this.
-
(1D chart)
If it is supported near 0.6818 and rises, you should set the target point at around 0.9242 and think about a countermeasure for it.
If it falls below 0.5941, you need to check if the BW(100) line is created.
If the BW(100) line is created, it is likely to lead to an additional decline, so you need to think about a countermeasure for it.
For now, if it falls below 0.5693, I think there could be a sharp decline, so you need to prepare a countermeasure for it.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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