Is Cardano truly exhibiting a bullish trend?? Is cardano Truly Exhibiting a Bullish trend ? I Don't personally belive so,It requires some correction Before Any Potentional Price Surge,At the Moment My Focus Is On Lower Price and an Impending Dump
ADAUSDT.P trade ideas
#Ada analysis Ada longTargets Are Mentioned
TP 1 - 0.6300
TP 2 - 0.6400
TP 3 - 0.6600
Stoploss 0.6095
do your research before investing
Adausdt.... Tecnicall analyst Ada has broken its downward trend at the price of 0.4622. It is now in an ascending triangle, according to Fibonacci, it will rise to the specified areas. It is also well supported by Moving average.
Be profitable and stable in life. ❤️
ADAUSDT,🟢Is it bullish or bearish?!🟢 (Details on caption)
Well, as you can see the price started the retracement and hit the bullish order block that formed at the 0.705 Fibonacci level.
Now if the price stabilizes above 0.536, we can expect the price to fill the FVG, but if the price is rejected from the bearish order block (0.5227-0.5367) we can expect the price reach to the previous low at 0.4477 and then 0.4110.
💡Wait for the update!
🗓️04/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
AdausdtWe anticipate BTC to potentially reach the $23,700 level before a potential upward rally. If the support at $23,700 holds, there is a possibility of a 50% price increase from the Neck Line support, with a target of $36,000.
ADAUSDT Price Movement and Potential Inverse H&S Pattern Hi there,
ADAUSDT has a potential head and shoulders pattern forming, with the price possibly dropping to 0.5056-0.5030 or even lower for a bullish higher low to form the right shoulder.
The key takeaway is that the right shoulder must be established for confirmation of the pattern.
However, I am feeling impatient as the price is currently bearish towards the initial target of 0.5089 with a bullish bias towards 0.5475.
Happy Trading,
K.
ADA is going to take aktion to upward In daily time frame as u can see the upper and lower price making an Equilateral triangle which was broken to the up.
📈 Strong Bullish Setup 👉 Strong Support Formed At 0.46$ Area Which 0.5% Fibo Level Located There And We Had a Perfect Bounced From It, Currently The Main Pattern I See At The Chart Is a Bull Flag That I Expect The Price Will Breakout From It Toward a 0.63$ And 0.82$ Areas As a Next Targets
ADA Long IdeaWaves 1&2 Completed...3rd Impulse Wave is retracing. A lot of higher highs shows Bull Activity. Pattern shows a strong Trend and a bullish Divergence, Limit 0.62
CARDANO|The start of a new bullish waveHello friends, I hope you are doing well.
You can see the popular Cardano currency in the 4-hour time frame.
Now it would be a good place for us to have an analysis of this currency.
In the daily time frame, it had an eroding downward trend in the form of a descending channel, which has now broken this channel upwards. In fact, it is also considered a flag pattern.
In the 4-hour time frame, a descending channel has broken upwards, and an important supply area that has prevented price growth twice has also broken upwards. This is a sign of aggressiveness and significant upward movement.
Bitcoin is very bullish and Cardano shows signs of further growth.
Look for opportunities to enter buy positions in the demand areas drawn on the chart.
The short-term targets are 0.61 and 0.64 , and the long-term target is 0.83.
ADA: Approaching ResistanceTrade setup : Price is in an Uptrend. Following a bullish breakout from a Channel Down pattern, price has reached our target of $0.65 for a 17% gain. Now we wait for price to either
1) break above $0.68 resistance to signal continuation of uptrend, or
2) pull back near $46 support for another swing entry in Uptrend with upside potential back to $0.65. Now we wait for a potential pullback to $0.46 support for another swing trade entry in Uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65 - $0.68, then $0.75.
🔥 ADA: Don't Miss This HUGE Trade!Previously I've talked a couple of times about this massive parallel channel that ADA is supposedly trading in.
With the strong bullish impulse of the last two weeks, ADA has created a perfect swing low for us to trade on. With a target at 25$ (long-term) and a stop just below the swing low we can create a potentially amazing trade with a R/R of over 135.
If you find 25$ too risky, you can lower the target to 5$, which still has a good R/R.
ADA Cardano Price TargetIf you haven`t bought ADA at the beginning of the altcoin season:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for ADA Cardano is the next resistance, $0.62.
There are fantastic possibilities on the ADA chartI will share a few charts with you today. Since hitting the 0.68 resistance point on the ADA chart, we haven't been able to see a positive turn yet. Nevertheless, a formation has emerged on the ADA chart. This formation is called a 'falling wedge,' which generally indicates a potential upward movement. The target for this formation seems to be in the range of 0.63 to 0.65. However, there is still uncertainty about the upward movement for now; indicators are indecisive, and there are only possibilities.
These possibilities include our first path (Green arrow), which involves rising from here and breaking the formation resistance. The second path (Red arrow) is gathering strength in the range of 0.44 to 0.45 and then moving upward again. Regardless of the chosen path, it is advisable not to make any purchases until the formation is completed, meaning our resistance point is broken. Otherwise, in the event of a general market downturn, the formation we outlined for ADA will be disrupted, and we will need to chart a new course together. So, no rush. Good day and abundant profits, my friends.
#ADA is in Bearish Case (Short Term)ADA/USDT 🪙
#ADA touched an upper Resistance Level on the Daily Chart. ⬆️
This area caused a harsh rejection for the price previously. ⚡
Expect that price will now fall to a lower Support Zone.📉
Cardano Breakout Down Trend ChannelBut Should Stabiliz On The Demand Zone If Breakout Zone Fall To Top Blue Channel
MONEY MANEGMENT VERY VERY VERY IMPORTANT
NOT SIGNAL FOR BUY OR SELL
Cardano (ADAUSD) Analysis: Riding the Gains📈Cardano #ADAUSD
Since we initiated our position in Cardano (ADAUSD) BINANCE:ADAUSD , we've seen a 27% increase, positioning us within what appears to be Wave 5. Consequently, we're anticipating an uptrend, though not as significant as what we've observed with Solana. It's crucial to remember that all assets progress through different cycles, even within the same sector. For Cardano, we're projecting prices for Wave 5 to range between 70 and 90 cents.
Upon closer examination of the 1-hour chart, it becomes evident that we've completed a (i) to (ii), a 5-wave structure followed by a zigzag pattern down to (ii), and now moving into Wave (iii), expected to range between $0.62 and $0.80. We'll be closely monitoring for an entry point for Wave (iv). 📈
The last bullish chance of ADA in Short term!Broadening wedge is broken and the price can reach 0.83 ,and as you can see, the price has corrected and after this price can grow well.
also a Hidden bullish Divergence (HD+) on MACD which shows Positive Signs for CARDANO.
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Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!.
ADA Impulsive WaveThis is my primary wave count for Cardano. Simple and straightforward impulsive wave.
Wave 3 was extended (261.8% of Wave 1). Therefore, Wave 5 shouldn't go much higher... $7 would be a good target.
ADA : Adding onto the holding Adding on to the position since the price is in a buying level as per price action.
But I do see the possibility of further crashes in the coming days, since FTX may get the court approval on September 13, to sell some crypto assets into fiat to repay creditors and reduce volatility risks.
As of January 2023, it is estimated FTX’s crypto holdings include $685 million in locked Solana tokens, $529 million in FTT tokens, $268 million in Bitcoin, $90 million in Ethereum, and various other assets including Aptos ($67 million), Dogecoin ($42 million), Polygon($39 million), XRP ($29 million), and stablecoins. An additional $1.2 billion is held in crypto on third-party exchanges.
So if they do sell their positions or even if the market expects they will, a selling pressure may come into the market and push prices further down. If that happens I'll add on to the position at the next potential buying levels.
ADA bearish channelADA broken up the bearish channel on 12H Time frame,we expect more pumps after a retest of price to the broken bearish channel..
