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ADAUSDT trade ideas

Is ADAUSDT About to Take Off? Don't Miss This Key Opportunity!Yello Paradisers! Are you ready to dive into an exciting opportunity with ADAUSDT? Right now, the market sentiments are leaning bullish, and there’s a high probability that Cardano will take a bullish ride. 💎We've observed that #Cardano has successfully broken above a key resistance level at $0.4078. If it manages to sustain this momentum, there's a high probability of a significant upward move. Previously, #ADA followed a descending resistance line for a long time, and its recent breakout indicates a potential upward trend. 💎With the current bullish sentiment, if the price sustains and the bulls remain in control, we can expect a move targeting levels above the strong resistance zone. 💎However, what if #ADA faces a strong rejection from the internal resistance at $0.4942 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the lower support level of $0.3633. 💎During this phase, many inexperienced traders might immediately open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
ADAUSDT → Change of character, are the bulls coming back? ↑ 0.77BINANCE:ADAUSDT forms a change of market character, and also breaks the resistance of the wedge. Regarding the reversal zone on W1 a false breakout is formed. The coin may move into the realization phase. The token is lagging behind the overall capitalization and market movement, still in the consolidation phase, the boundaries of which are 0.2392 (0.4) - 0.777. In the distribution phase, ADA has chances to recover. At the moment we should consider trading inside the range and after confirmation of the formation of an intermediate bottom above 0.4 (consolidation above this zone) the market will define a new range for itself. 0.4 - 0.77. The potential in this case will be the corridor with the width of 93%. Technically, if the bulls hold the price above 0.4, it will be a good signal for the price distribution to 0.52, further to 0.678. Support levels: 3775, 0.400 Resistance levels: 0.42, 0.522 The bearish wedge is a strong technical pattern, capable of turning the market, but in order to start the realization, the bulls need to take the defense above the key zone, in our case it is 0.400. With Respect R. Linda!
Long
by RLinda
8
Cardano Daily TA : Support Levels and Potential Mid-Term TargetsBy examining the #Cardano chart on the daily timeframe, we observe that the price is trading in the 40 cent range. If the price can maintain the support zone of $0.35 to $0.385, we can expect further growth to higher targets for this attractive cryptocurrency. The medium-term targets for Cardano will be $0.42, $0.45, $0.51, and $0.58, respectively. The expected return in the medium term is between 15% to 40%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
7
ADA/USDT Weekly Chart Update.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: ADA is currently holding a historical supporting trendline that hasn't been broken since March 2020. A rebound can be expected, potentially allowing the price to test the resistance trendline at $0.58. The 35EMA can be considered a primary resistance level. A rejection or breakdown below the support line will likely drop the price by 34%, or in the worst case, 60%. On the higher side, a breakout above the 35EMA and the resistance trendline could trigger bullish sentiment and a rally toward the all-time high. Key Observations: ~ Primary Support/Entry: $0.3732. ~ Support 1/DCA: $0.2431. ~ Support 2/DCA: $0.1486. ~ Resistance 1: 35EMA ($0.48). ~ Resistance 2: $0.58. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
Cardano ADA price at a crossroads before further movementLooking at the global #ADAUSDT chart One question arises : - Did the ABC correction already end in April at $0.40 in 🟥the red scenario? - Or is there another dive down to the $0.30-0.34 area according to🟦the blue scenario? The critical level from below is $0.40 The critical level from above is $0.50 Fixing the CRYPTOCAP:ADA price below or above the critical levels will decide the further price movement. Globally, in the medium or long term, we would like to see the price of #Cardano at least $1.5 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
Honestly, I don't feel like explaining, the chart says it all !!The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
1
ADA to $1.20I believe it's possible ADA has now bottomed, as we can see the bright green dot indicator on Vumanchu B has been a reliable indication of a bottom. Short term or long term bottom depending on the broader trend. Besides the obviously large dump, and also large deviation from many moving averages (not shown in chart) - combined with the fact that ADA is amongst the most shorted cryptocurrencies right now. I believe it's possible we will see another uptrend towards $1.20 the coming months, given that BTC also acts accordingly.
Long
by xprojoepzz