ADAUSDT.P trade ideas
Cardano's Road to $1Cardano's BINANCE:ADAUSD Road to $1
ADA had a massive bullish run from $0.25 to a High of $0.68 (Approx. 150% Gain).
Cardano is currently consolidating and building a base at the $0.60 price level.
ADA has significant resistance at the $0.66 to $0.68 range and has to break in order to move to the next levels ($0.8 and $1).
There was a typical liquidity grab on the 26th December, which liquidated late longs and gave the big players a perfect well timed entry.
Based on our technical analysis, we believe CRYPTO:ADAUSD is set to teleport to the $1 Mark.
Technical Analysis:
1) Consolidating in an ascending triangle technical pattern
2) Bullish Volume is entering
3) ADA/BTC has flipped bullish as well
4) TraderMagz ATR God still in a Bullish Trend
5) Momentum, On balance volume and Commodity channel index 4 hour Divergences
6) Weekly Stochastic Money flow in Strength
Price Targets/ Trade Setup:
Entry : between $0.60 and $0.66
Stop-loss : $0.55 Conservative, $0.5074
Take profit 1: $0.80
Take profit 2: $1 phycological level
Take profit 3: $1.12 - 0.618 Fib Level
ADA may perform upward movementIf it gives a buying opportunity, I will buy at $0.6. With a tight stop-loss, it could be a profitable opportunity in the short term.
CARDANO / ADA LONG Keep an eye on #cardano! 👀
The price is hovering near the support trendline and a small bullish divergence forms in the oscillator!
We might get a bounce near the support trendline, in confluence with the order block (using chart prime indicator)
26.12m CRYPTOCAP:ADA Order block is on the $0.66 - $0.68 zone.
Follow for more 💖
ADA BUYHello, after a long absence, back again to analyze the financial markets. This is my analysis of the Cardano currency. It appears to be in a positive state with the formation of an upward channel as shown in the analysis. Good luck to everyone.
ADA: A Comprehensive Analysis of the 23-24 Cent RangeOkay, so it looks like everyone's been talking about ADA, the cryptocurrency that's all the rage these days. Let's dive in and see what's going on with this digital coin.
One thing that stands out is the presence of a whole bunch of factors that seem to be converging around the 23-24 cent range. For starters, there's a gap in volume that's big enough to drive a truck through. And if we use the Fibonacci retracement tool on a log scale (because who doesn't love a good log scale?) to measure the move from March 2020 to September 2021, we find that the 50% retracement level is right in the same neighborhood as that gap in volume. Talk about convenient!
Another confluence to consider is the Elliott wave pattern from the top. The wave 4, which looks like a triangle and is currently hanging out in the 50 cent range, is joined by the 38% retracement level in this same area. Using the Fibonacci projection to figure out how long wave 5 will be, we can apply the rule that wave 3 is never the shortest. Since wave 1 appears to be longer than wave 3, we can safely assume that wave 5 will be shorter than wave 3. This means that if the price dips below 21 cents, it could invalidate this whole wave count. No pressure or anything.
Finally, it's worth noting that the price of ADA has been making lower lows while the RSI has been making higher highs. This is known as a divergence, and it's pretty solid.
All things considered, it looks like there are a ton of confluent factors in the 23-24 cent range, making it a great spot to consider building a long-term position. Just remember, it's always important to do your own research and due diligence before making any investment decisions.
So there you have it! The 23-24 cent range could be a great place to park your ADA, but as with any investment, it's important to do your own analysis and make informed decisions. Happy trading and may the crypto gods be with you!
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ADAUSDT ADA/USDT broke its major parallel channel and is currently testing a resistance level. If it breaks this resistance level, it might move upward towards resistance level 3
Cardano is bullish on the daily chartCardano moves to the target of $1, if it allows a correction in this direction, especially around the price of 0.77 to 0.83, then there will be better conditions to enter the range of 0.45.
AdaIf he can complete a full candle above the channel in the 4-hour time frame, the upward movement will easily begin
Wave 5According to EW theory , there is supposed to be 5 waves in an impulsive or motive swing.
Count is somewhat clean, and i do expect another wave to come and form the wave 5.
Stop loss under the wave C area.
After the 5th wave, i am expecting at least 2 months of correction in crypto alt space.
$ADA Daily ChartA trade i took and did an analysis on last night. Thought i could share this and see if any feedback can be given.
Different eyes see different things.
-Cryptothekid
ADAUSD - W Pattern Within ChannelA larger overall W pattern can be plotted if we assume upward movement within this large channel.
I have tried to show this W with the dashed lines, the vertical line being the middle of the W.
Bullish.
Ada position setupThis is not a purchase offer
please check it out yourself.
thank you for pay attention
Is today the day for ADA?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#ADA update 🧵
Is today the day? If so, daily close?
We got the ideal move, down to box provided and bounce out.
2 .618 hits, falling vol, converging TLs...
Volume up here would be great!
PTT is labeled if it starts moving.
🤞 BINANCE:ADAUSDT
#ADAIn the 4-hour period, it is moving in an ascending channel, which has the ability to grow to the specified areas and the ceiling of the channel by touching the bottom of the channel in the range of 58 cents.
🚨BREAKING: [b]$ADA[/b] keeps holding.🚨BREAKING: CRYPTOCAP:ADA keeps holding.
#Cardano fam, time for our Weekly analysis .
Price already hit our 1st target ( 0.43USD )
What to expect now?
Facts First, conclusion at the end .
FACTS:
Price keeps holding above our RED rsi line (good).
Trend support rising, now at 0.45-0.50 range.
Trend Strength indicator still signaling " Strong Uptrend "
No bearish signals on our oscillator.
Next target zone @ 1.15USD
CONCLUSION:
A. Still holding my CRYPTOCAP:ADA position, not taking profits yet, we are riding this trend perfectly.
B. Unless bearish signals appear and confirm i will keep holding until we hit our next target at 1.15USD .
One signal at a time.
Not financial advice.
That's a wrap! If you enjoyed this Weekly Analysis:
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Ada to 22 $
ada has phenomenal potential for the next bull run
give my opinion, Ada will arrive between 8$ and 22 $
Cardano(ADA): 2 Scenarios - Where Now? ADA is the starter of the day with a good potential for both bullish movement and bearish movement.
The first scenario is having a NCI breakdown near 100EMA, which should result in a good entry for a short position.
The second scenario is that once we see a price near $0.068 and have a further breakout, we will most likely see a continuation of the bullish movement with good entry for a long time.
buy on best candle (ADA)❤️❤️Thanks for boosting 🚀 and supporting us!
📈we are a good candle for buy if not break zone of 0.59$ .
📊 (Entry) : 0.5945
🔴 Stop Loss : 0.5820
🎯 Take Profit : 0.6072-0.618-0.6345
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
