Bearish Divergence Warning: Will ADA Break the Channel?Hello guys!
Cardano has been trading within a rising parallel channel after forming a clear Inverse Head and Shoulders pattern, triggering a bullish breakout. However, recent price action has shown signs of weakness, especially with a noticeable bearish divergence between the price and RSI.
What
Cardano Potential UpsidesHey Traders, in today's trading session we are monitoring ADA/USDT for a buying opportunity around 0.7200 zone, Cardano is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.72000 support and resistance area.
Trade safe, Joe.
TradeCityPro | ADAUSDT Is It Time to Buy Cardano?👋 Welcome to TradeCityPro Channel!
Let’s dive in and analyze one of the market’s favorite coins, Cardano (ADA), which is in a strong position compared to most altcoins and is holding at higher resistance levels.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that w
ADA - Time to buy again!The pattern has broken, and now I expect the price to rise to $0.93 . AB=CD.
Give me some energy !!
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Best regards CobraVanguard.💚
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ADA/USDT: Bullish Move Ahead ? (READ THE CAPTION)By examining the #Cardano chart on the 3-day timeframe, we can see that the price is currently trading around $0.80. If it holds above $0.71, we can expect more upside. The expected return for Cardano is around 30% in the short term, 47% in the medium term, and 85% in the long term.
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Candle PatternsLesson 2: Candle patterns for the home task
Time Frame 4H
1.Bullish Engulfing (4 instances)
2.Bearish Engulfing (4 instances)
3.Bearish Reversal (4 instances)
4.Bullish Reversal (4 instances)
5.Hammer (4 instances)
6.Hanging Man (4 instances)
7.Morning Star (4 instances)
8.Evening Star (4 instances
ADAUSDT 2D#ADA is moving inside a descending channel on the 2-day chart and was recently rejected from the channel resistance and the 2-day MA100.
Buying near the support level at $0.7122 could offer a solid opportunity.
In case of a breakout above the channel and the 2-day MA100, the targets are:
🎯 $0.885
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related pairs
Frequently Asked Questions
The current price of Cardano / Tether (ADA) is 0.6995 USDT — it has fallen −1.79% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ADA price chart.
Cardano / Tether price has fallen by −12.56% over the last week, its month performance shows a 1.78% increase, and as for the last year, Cardano / Tether has increased by 54.42%. See more dynamics on ADA price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Cardano / Tether (ADA) reached its highest price on Dec 3, 2024 — it amounted to 1.3262 USDT. Find more insights on the ADA price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Cardano / Tether (ADA) reached the lowest price of 0.2250 USDT on Jun 10, 2023. View more Cardano / Tether dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ADA is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ADA right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Cardano / Tether (ADA): today its technical analysis shows the strong sell signal, and according to the 1 week rating ADA shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's strong buy. Find inspiration in Cardano / Tether trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Cardano / Tether (ADA) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Cardano / Tether is estimated as 6.05% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Cardano / Tether, you can find more inspiration in our curated watchlists.
You can discuss Cardano / Tether (ADA) with other users in our public chats, Minds or in the comments to Ideas.