TradeCityPro | ADA: Holding Key Support Inside Descending Channe 👋 Welcome to TradeCity Pro!
In this analysis, I want to review the ADA coin for you, one of the most popular cryptocurrencies, currently ranked 10th on CoinMarketCap with a market cap of 23 billion dollars.
📅 Daily Timeframe
As you can see in the daily timeframe, the price is fluctuating between two key support and resistance zones. Additionally, there's a descending channel in play, and the price has recently been rejected from the top of this channel and moved down to the support zone.
✨ The 0.61 zone is a very strong area, and the price has reacted to it multiple times. It was broken once, but as the price reached the bottom of the channel, it was supported again and moved back above the level — indicating a possible fakeout.
✔️ If this zone is broken again, the likelihood of another drop toward the 0.5579 level or the bottom of the box increases. So I think it’s worth considering a short position on lower timeframes if this zone breaks.
💥 RSI entering the oversold area would be a strong momentum confirmation trigger for this trade.
📊 Currently, ADA's volume is quite low, and with this low volume, it’s not suitable for either long or short positions. I suggest waiting until significant volume enters ADA before taking a position.
🛒 For spot buying or long-term long positions, the first trigger is the price's reaction to this support zone. If a confirmation candle forms here, we can consider entering. However, in my view, this trigger is risky, and I personally prefer to wait for more reliable confirmations.
📈 A more reliable trigger would be a breakout of the descending channel. If either the channel itself or the 0.8414 trigger is broken, we can enter a position. And if you want the strongest confirmation and wish to enter with the main trend, you should wait for the 1.1325 level to be broken.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
ADAUSDT trade ideas
Cardano Bull Market, Bear Market & Price Action Dynamics Expl...The question right now relates to the short-term because we all know what is happening long-term.
There is a sequence of higher lows starting June 2023. The next one comes August 2024 followed by a strong bullish breakout. So the market is bullish.
The bullish wave enters a correction with a major low in February retested in April. Now we are looking at a short-term retrace and local higher low (2025).
The 7-April low leads to a bullish breakout and this breakout gets corrected, four weeks red. This is the fourth red week and the end of the retrace. From this point on, we will see growth.
The left side of the chart is always the past. The right side the present.
The bear market wave is hard to miss (left-red), it was straight down. The bull market period is different, it has been going in sequence. Strong jump followed by a strong correction. What we are about to experience is something different.
Instead of the action we saw in 2022, 2023 and 2024, we will see something more like the bear market but inverted, straight up. Something like 2021, bull market action. We miss it and we cannot remember the truth of it because it happened so long ago.
Let's summarize: Cardano is going up.
Namaste.
ADA road map (4h)What I currently expect is that the price could correct slightly, as shown on the chart, and then pump by about 13% from the PRZ (Price Reversal Zone). This signal is strengthened by the presence of strong positive divergence. In summary, the PRZ is a good entry point, derived from the confluence of touchlines and pivots. However, if the price ignores this zone and drops below it, my analysis will be invalidated.
Best regards CobraVanguard.💚
ADA is going to catch big targetsWe are currently experiencing a Wave 2 correction after completing an impulsive Wave 1. Once the ABC correction is complete, we can expect to enter an impulsive Wave 3. As time goes on, if it seems like we are entering Sub-Wave 1 of Wave 3, I will publish an idea to outline new targets. For now, we should anticipate new movements in the market.
ADA | Liquidity Drain or UPSIDE POTENTIAL??ADA is lacking behind in terms of altcoins this season. We've not yet seen the new highs or parabolic increases that is due for a new BTC ATH.
We're seeing higher highs, and higher lows in the macro which is a bullish sign - indicating the trend is still BULLISH
From the macro, we do see a better picture.. at least THIs time around, the accumulation cycle isn't in such a tight range, and you could day trade / swing trade:
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BINANCE:ADAUSDT
Ada upate ! (Analyst Crypto Tantrik)BINANCE:ADAUSDT Update: Navigating the Zones! 📈📉
Price is consolidating, currently caught between our critical zones. Here's what we're watching closely:
🔴 Red Zone ($0.675 - $0.68): Our Bearish Barrier!
Price facing resistance here.
BIG Signal: A confirmed break above this zone would indicate powerful bullish momentum and potential for significant upward movement!
🔵 Blue Zone ($0.65 - $0.655): Our Bullish Base!
This zone is currently acting as strong support, providing buying opportunities.
Watch Out: A break below this zone would signal a weakening trend and potential for bearish pressure.
🚀 Key Takeaway: These zones are vital support/resistance. We're patiently WAITING FOR A PROPER BREAKOUT from the current pattern to confirm the next big move. Stay alert and trade smart!
Be careful with ADA !!!Finally, the price broke the wedge, and the price experienced a significant drop. I think is the time for btc to rise again to 0.73 after more correction . STRONG SUPPORT 0.67
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Weekly trading plan for ADA Locally on the 1h timeframe we can see a bearish divergence and if the price fails to break the monthly pivot point, we are more likely to see a correction to the weekly PP. After that we can think about new longs, but also and now of course there is a chance to see a fast push to the target 3
Write a comment with your coins & hit the like button and I will make an analysis for you
The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades ! mura
HolderStat┆ADAUSD triangle breakCRYPTOCAP:ADA rebounds off the 0.666 base, slicing through a two-hour down-trend line. Stacked consolidation boxes now act as demand, and an emerging ascending channel eyes 0.75 – 0.76, maybe 0.80. Key support flip, improving momentum and bullish breakout pattern align for higher highs.
Is it time to buy Cardano?Hello friends
According to the analysis and review we conducted on ADA, we reached almost definitive results:
This currency has fallen, which has caused the price to reach important and fundamental supports, and here we can buy in steps at the supports, depending on the level of risk and our capital management, and move with it to the specified goals.
*Trade safely with us*
HolderStat┆ADAUSD coiled for new highsCRYPTOCAP:ADA has printed boxy consolidations, respected its rising base and survived a sharp pullback; price now rests on ascending support. With prior “new highs” still warm and trendline resistance nearby, the setup flags a rebound toward 0.78 amid persistent bullish price action.
Smartmoney11//@version=5
indicator("ADA 4H Trend-Following Alerts", overlay=true)
// === INPUTS ===
fastLen = input.int(21, "MACD Fast Length")
slowLen = input.int(50, "MACD Slow Length")
signalLen = input.int(9, "MACD Signal Length")
rsiLen = input.int(14, "RSI Length")
stochLen = input.int(14, "Stoch RSI Length")
kLen = input.int(3, "Stoch K")
dLen = input.int(3, "Stoch D")
useDailyTrend = input.bool(true, "Require Daily Uptrend Filter?")
emaFilterLen = input.int(50, "Daily EMA Length")
// === MACD ===
= ta.macd(close, fastLen, slowLen, signalLen)
macdCrossUp = ta.crossover(macdLine, signalLine)
macdCrossDown = ta.crossunder(macdLine, signalLine)
// === StochRSI ===
rsi = ta.rsi(close, rsiLen)
rsiMin = ta.lowest(rsi, stochLen)
rsiMax = ta.highest(rsi, stochLen)
stochRsi = (rsi - rsiMin) / (rsiMax - rsiMin)
k = ta.sma(stochRsi, kLen)
d = ta.sma(k, dLen)
stochBounce = k > 0.2 and ta.cross(k, 0.2)
// === Daily Trend Filter ===
dailyEma = request.security(syminfo.tickerid, "1D", ta.ema(close, emaFilterLen))
dailyTrendUp = close > dailyEma
// === SIGNAL CONDITIONS ===
longSignal = macdCrossUp and stochBounce and (not useDailyTrend or dailyTrendUp)
exitSignal = macdCrossDown
// === ALERTS ===
alertcondition(longSignal, title="Buy Signal", message="ADA 4H BUY: MACD + StochRSI signal")
alertcondition(exitSignal, title="Sell Signal", message="ADA 4H SELL: MACD cross down")
// === PLOTS ===
plotshape(longSignal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY")
plotshape(exitSignal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
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 I see:
The price is approaching the lower boundary of the ascending channel.
A channel breakout to the downside could lead to a deeper correction toward the $0.58–$0.62 support zone (highlighted area), which aligns with previous consolidation and the neckline of the inverse H&S.
If bulls defend the channel and push price higher, a potential rally toward the $0.93 resistance level remains in play.
⚠️ Keep an eye on the channel support and RSI behavior to anticipate the next move.
ADAUSDTBINANCE:ADAUSDT shows potential for an upward movement towards the targets of $1.3378 and $1.6435, making the current price zone attractive for long-term investment . While a correction towards $0.6453 or even $0.5803 is possible, these levels present favorable buying opportunities for investors with a long-term perspective. Even if a deeper correction occurs, the market geometry suggests that reaching the aforementioned targets is a likely outcome.