ADA/USD last price at discount All info is in the chart, last time to pay attention.. these prices below 1$ will not be there forever, eventually the price will go up
ADAUSDT trade ideas
CARDANO. USDTUnfortunately, in the crypto market, two cryptocurrencies, Cardano and Ripple, are not worth trading or holding.
Even if it makes a profit (which so far has only and only losses), it works so slowly that except for wasting time, its profits turn into losses.
ADA oversold here, can pump to 0.6Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
To learn more about this project, check out our deep dive of Cardano.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Testing the support level at the bottom of the triangleCardano is currently testing the support level at the bottom of the triangle. This key point can play a crucial role in determining the future price direction. If this support level holds, there is a possibility of an upward movement and a price rebound to higher levels. However, if this support is broken, a continuation of the downward trend and further price decline can be expected.
Does Cardano have the potential to rise?📊 According to the buying pressure in the market, if the range of 0.470 units is broken and the price stabilizes above it, the price may increase to the range of 0.485🎯, and in the case of the strength of the range of 0.520 units🎯🎯.
📊 Otherwise, the price may drop to the range of 0.440 units.
Cardano (ADA): Rejected by 100&200EMA + Bollinger BandsCardano has had another successful rejection from 100&200 EMA and Bollinger Bands in a daily timeframe.
We are now at the middle line of Bollinger Bands, which was a logical move after a sign of overbought from the BB indicator.
Now that we are at that middle line, we are looking for a breakdown to happen, which would result in a movement back to lower support and a potential bounce from there!
Swallow Team
ADA Daily Chart Analysis - Long Target $0.62, Short Target $0.26NOT FINANCIAL ADVICE
TL;DR Bear Pennant / symmetrical triangle, No Trade Zone, wait for breakout. Long target is $0.62, short target is $0.26
BITGET:ADAUSDT has been trading in a symmetrical triangle (potential Bear Pennant) since April 13th. For me it's a No Trade Zone now, a breakout is needed to determine the direction of the next trend
Fairly respected fibonacci retracement levels highlight potential areas of interest
Disclaimer: The targets will change if a breakout does not happen soon, as they need to be measured starting from the breakout point
🟢 Bull Case
The target of a breakout from the resistance trendline 🟠 is $0.62, which is also where the breakout that led to the last leg down happened
Watch $0.58 (0.718 fib) as it is a previous key area and a High Volume Node which could offer some resistance
🔴 Bear Case
The Pennant target for a break below the support trendline 🔵 is $0.26, which is a previous key area and inverted 1.618 fib of the last leg down
ADAUSDT Short Term Roadmap 28-MayHello my friends
Cardano is getting squeezed to start a new move up.
The red lines indicate the range of the daily price range
According to the chart, I am looking for a suitable setup for a long position in the specified range
The confirmation will be done in 15 minutes
This post will be updated, please let me know what you think about it
ada dollar cost averagecardono to the upside. played off the 886 zone.
we are looking for buys since its alt season.
ADA long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
my predictionthis is not trade advisment. I hope cordana will be 2.48 dollars and then 1 dolar, and then 10 dolars.
Keep an eye on #ADA/USDT Diagonal Trendline and FVG in 4-Hour TFKeep an eye on #ADA/USDT Diagonal Trendline and FVG in 4-Hour TF!
Wait for a successful retest to open a long position. There is a bullish order block below the FVG so another confluence for bullish momentum.
ADAUSDT - Possible breakout of resistence on 1h TFIf we close bullish candle above resistance, then successfully rest our resistend we can expect higher bullish movement, who can give us good opportunity to long position with reasonable RRR. But for this idea we need wait little bit for multiple confirmations as mentioned.
ADAUSDT-Cardano buy and sell level Cardano wave path with buy and sell levels. short time bearish and long term so bullish
ADAUSDTUpdated my CRYPTOCAP:ADA plan I think this one is actually better.
One before doesn't take enough profits early enough.
This strategy isn't as conservative as it seems.
Your balance is reducing every time you sell so it's like reducing balance method for depreciation in accounting.
ADAUSDT1. Scale out profit taking plan for ADA.
2. I am well aware there is a chance ADA may not reach ATH high again.
3. However it is important have pre-defined profit taking strategies on the way up.
4. Can always adjust as we approach overall cycle highs.
ADA (Cardano)Cardano is trying to find it's last bottom before the journey to the new all time high starts.
ADAUSDT1. I think 67 cents is now on the cards for ADA soon.
2. We have looked good since breaking that horizontal resistance and we are in a good buy zone.
3. Nice buy order block here where we had previous strength back in December 2023 where ADA almost did a 2x.
Technical Analysis of ADA/USDT Chart (Cardano/Tether) Key Levels in the Chart:
1. **Support Area (Green Zone):**
- This zone is near the $0.30 level and acts as a strong support. The price has reacted to this area several times.
2. **Resistance Area (Red Zone):**
- This zone is near the $0.80 level and acts as a strong resistance. The price has touched this area multiple times but failed to break through.
3. **Weekly Liquidity Levels (LIQ):**
- At the top of the chart, the $1.038 level is marked as a weekly liquidity area. This zone likely has a high volume of sell orders.
- At the bottom of the chart, the $0.1276 level is marked as another weekly liquidity area. This zone likely has a high volume of buy orders.
Other Key Points:
- **Change of Character (Choch):**
- Points indicating significant changes in price trends.
- The first Choch occurred near the support area around $0.30, indicating a trend change from bearish to bullish.
- The second Choch occurred near the $0.65 level, indicating a trend change from bullish to bearish.
- **Break of Structure (Bos):**
- Points indicating the breaking of support or resistance and trend changes.
- The first Bos occurred near the $0.50 level, indicating a break of support and the start of a bearish trend.
- The second Bos is near the $0.45 level, indicating a potential break of the bearish structure.
Technical Pattern:
- **Symmetrical Triangle Pattern:**
- The price is currently forming a symmetrical triangle pattern, indicating consolidation and decreasing volatility. This pattern usually precedes a significant move.
- The peaks and troughs of the pattern are converging, and a breakout is expected soon.
Trend Analysis:
1. **Bullish Scenario:**
- If the price breaks out of the triangle pattern upwards and breaks the $0.80 resistance, it may move towards the $1.038 liquidity level.
- Target levels in this scenario:
- $0.80 (Resistance Area)
- $1.038 (Weekly Liquidity Level)
2. **Bearish Scenario:**
- If the price breaks out of the triangle pattern downwards and breaks the $0.30 support area, it may move towards the $0.1276 liquidity level.
- Target levels in this scenario:
- $0.30 (Support Area)
- $0.1276 (Weekly Liquidity Level)
Volume Analysis:
- **Volume:**
- Decreasing volume during the formation of the triangle pattern indicates declining trader interest. A sudden increase in volume may signal a breakout and the start of a new move.
Conclusion:
The ADA/USDT chart indicates a consolidation phase in a symmetrical triangle pattern, likely leading to a strong move soon. Traders should watch for potential breakouts from the pattern and make decisions accordingly. Support and resistance levels are crucial, as their breakage can signify important trend changes in the market.
ADAUSDT 23 May 2024 Personally believe that if ADAUSDT breaks 0.5200$ , It can go for higher prices
What is your opinion about this pair ?
ADA [ SHORT TERM BULLISH MOMENTU]As of now ADA move is so confusing it's because of the ranging price action ; however the wave B of this coin is not yet done we are expecting to go upward and will hit our wave B target
ADA : Extreme WEAKNESS, be CAUTIOUS👎BINANCE:ADAUSDT
Cardano, like XRP and a few others, have been left behind during the recent BTC surge. We're about to see another leg up on BTC and likely a new ATH but ADA is barely able to break out of accumulation zone successfully.
A few other altcoins that call for concern include the following:
Other altcoins are sowing more promise. Volatility is infact, what attracts many users to crypto. There are a few coins that we are holding for longer term "investments" but projects that have been around for many years and fail to reclaim highs just speak to weakness. If we wanted a steady 7%, why not just get a savings account.
You could be trading 5 other profitable altcoins instead of holding onto a dead, slow mover (unless ofcourse you have other reasons, such as a fundamental belief).
Altcoins that are STRONG and moving with the trend as opposed to ADA, include the following:
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