ADA/USDT Support Back Testing Resistance flipped Support, Price retesting the Support Zone and the 200 Moving Average. Waiting for a confirmation to enter and target the wick as shown.
ADAUSDT trade ideas
✴️ Cardano, Top Or No Top?Look at the difference between these two patterns:
1) The first one showed up late Nov/early Dec and is a bullish pattern, a triangle as continuation.
2) The second is current and is a bearish pattern, a rounded top.
Cardano (ADAUSDT) grew by 209% within 5-6 months.
While many people are ready for mORE, a correction can develop here without problem but there can also be additional growth.
The volume behaviour supports additional growth as it continued to rise all through December 9.
The top pattern though is bearish and the RSI trending lower as well, so we have some mixed signals.
Currently, prices trade below EMA10 but this has not being confirmed yet.
When we look around, many pairs are bearish and also closed below EMA10/EMA21, closed bearish weekly, peaked and some are trading several levels lower already. Since the market is connected, we can expect Cardano to follow the same pattern even if it produces a last jump.
Think of Avalanche (AVAX), Tellor (TRB) and Injective Protocol (INJ).
You can see them producing one final jump just to enter their corrective phase.
Still not sure?
That's ok!
Just be cautious and prepare for all scenarios... Prepare for the worst, hope for the best.
The correction should be short-lived lasting at maximum a few months. Once the correction is over, we get major bullish growth.
Namaste.
ADAUSDT_N44ADAUSDT
En: 0.382 and 0.27
Sl: 0 (1% of your balance)
Tp: 1
(Check the picture or tradingView for Numbers)
Cancel if Tp crossed without opening
#30Min_trade
#N44
ADA possible next moveThis may happen on ADA, based on the history of the chart from 2018 until now, this is most likely to happen.
It is not financial advice!
Cardano(ADA): Will We Drop Hard? ADA has been on our watchlist for very long, and after that massive upward movement this coin has had, it seems the buyers are getting exhausted.
We are looking here for that breakdown to happen from the current support zone, which can start a nice downward movement for this coin!
Swallow Team
Can Cardano (ADA) Return to Its Upward Trajectory?CRYPTOCAP:ADA , like many other altcoins, is currently in a downward trend. The asset has recently broken through another support level, reaching a local low of $0.450.
Given its strong correlation with CRYPTOCAP:BTC , a further decline in CRYPTOCAP:ADA appears likely. Potential support levels for sellers might be found at $0.430 and in the range of $0.398–$0.417.
For a reversal of this downward trend, BTC needs to stabilize above the resistance level of $42,000, which could positively influence altcoins, including Cardano ( CRYPTOCAP:ADA ). In such a scenario, CRYPTOCAP:ADA might test resistance zones at $0.471–$0.486 and $0.517–$0.536, possibly signaling a return to an upward trajectory.
ADAUSDT is BearishADA is currently in a down-trend, as bearish RSI divergence has appeared on daily time-frame. The trend is expected to continue further as lower highs and lower lows are printed on the chart. Targets are mentioned on the chart.
Cradano adausdt reaccumulation in last phase rally inshaallahAdausdt completed its Reaccumulatin pattern now its on Spring testing .when it join the Range it ll give Rally .we also found there Harmonic patterns .indicating for Upcoming Rally .
Cardana (ADA) 2024 BullrunBYBIT:ADAUSDT CRYPTO:ADAUSD Technically, Cardano looks like it could retest $0.40 on roughly Jan 25th and then start a more than 10X bull run throughout the year. Let's pray :)
ADA - 1D - Ready to break out a Bullish penant - 35% increaseADA shows a bullish penant on the 1D graph and most of the time when a bullish penant occurs a price can increase up to the first big resistance level which is around $0,67. A price increase of approx. 35%.
Support and resistance levels ADASupport and resistance levels are clearly visible, with a strong support zone around $0.4126, where the price has bounced several times. Resistance can be found around the $0.5591 level, where ADA has tested and retreated, indicating that the bulls are still struggling to break through convincingly
Recently, there has been a notable increase in activity among whales in the Cardano network, with several statistics pointing to increased movement by large holders of ADA. This sudden activity may indicate various market behaviors, including possible accumulation, redistribution or even preparation for major network developments. Let's analyze the data and look at the corresponding price chart to gain deeper insight into ADA market dynamics.
First, the number of large transactions increased, with a whopping 6,980 transactions in the past 24 hours. This is a significant increase compared to the lowest point in the past seven days, which was 5,005. The significance of this statistic lies in its connection with the confidence of large holders and their willingness to potentially reposition their holdings, perhaps in anticipation of market movements.
As for the volume of these trades, we have observed a significant volume of 26.9 billion ADA over the past 24 hours, slightly lower than the highest point of the past seven days of 29.4 billion ADA. Such high volumes are often a harbinger of price volatility, as they represent significant liquidity movements that can stabilize or destabilize current price levels.
AUDUSD_N32AUDUSD
En: 0.66618-0.66866 (Two positions)
Sl: 0.67464 (1% of your balance)
Tp: 0.65249
Cancel if Tp crossed without opening
#60Min_trade
#N32
SHORTThe price of liquidity did not consume. It is likely to return for liquidity and reach FVG
This analysis is my personal opinion and please check it. The responsibility for any decision is yours
$ADA - 10X SURGE ON THE HORIZONCardano is poised for significant growth in the next period!
ADA stands out as one of the most developed blockchain in recent years.
Factors like decentralization, proof-of-stake consensus, and upcoming features contribute to this growth, along with the project's focus on interoperability and a thriving community.
Potential 10x
Targets:
1.2$
2.3$
5.0$
Support:
0.24$
BINANCE:ADAUSDT
CRYPTOCAP:TOTAL
CRYPTOCAP:TOTAL2
! Not an advice - DYOR !
$0.5 Support LevelCardano is currently testing its $0.5 support level.
The outcome of this test (whether breaking this support or being upheld by it) will soon determine the future trend.
The next resistance level is at $0.61, while the upcoming support level is identified at $0.37.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
ADAUSDT-Bearish TrendAfter posting recent high 0.68, a strong bearish divergence appeared on daily timeframe. if it breaks recent LL, seller will be in control and move the price further down.
#ADAUSDTCardano analysis of the 4-hour time frame
The price is now 0.516 dollars. Considering the price support in the Fibonacci area of 618 and the price reversal, it is expected that target 1 will be touched easily with a profit of 5%, and if the resistance of 0.54 is broken, we will see target 2 being touched.
Pay attention to the Fibonacci sub-zone, which in case of failure, we will have a fall to the accumulation zone.
Technical analyst: Amir Hassan Salek
ADA USDT PERPHello Trader BINANCE:ADAUSDT.P
enough to make a wonder for the chart there are many liquidation areas. so to minimize this loss mapping for SPOT only can be in installments /ca area 0.3948 - 0.3746 because the area is the strongest support among previous supports. but if you want to short the area there is also for now, it's okay.
Please add a comment and Positive feedback and
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Disclamer: Not Financial Advice
#ADAIn the supply area, it has entered the corrective phase with a retest, which can return up to 100% of the wave. Currently, if there is a negative reaction to the second box, it will turn red until the specified areas enter the sell position. In addition, this analysis will be invalidated if the upper red box of the bullish candle closes.
💎 ADA/USDT - Bullish Target Reached, What's NXT? (READ CAPTION)By checking the Cardano chart in the weekly time frame, we can see that the price entered the specified supply range based on our analysis and started to fall from 0.6140 and fell to 0.4866! This fall will continue if we stabilize the weekly candle below the price of 0.4650, in which case we can expect more fall from Cardano! Otherwise, targets above 1 dollar are not far from expected!
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
ADA will be finished corection waveADA will be finished corection wave RR looked wery nice we will doing LONG position. :)
adausdt The best buying range is in the block order rangeBINANCE:ADAUSDT
The best buying range is in the Order Block range
