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ADAUSDT trade ideas

ADA is poised for an upswingHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ADAUSDT 1M chart) The upward trend began when the MS-Signal indicator rose above. Additionally, since the MS-Signal indicator has switched to a bullish sign, it is expected to continue its upward trend if the price holds above 0.236 (0.6024). (1W chart) If the upward trend continues, 1st: 0.9250 2nd: 1.3678 3rd: 1.9655 It is expected to rise to around the 1st to 3rd levels above. We need to check whether the price can be maintained above the top of the box of the HA-High indicator. (1D chart) The (1) section is the psychological volume profile section. Accordingly, the key is whether the (1) section can be broken upward. To do that, we need to make sure the price stays above 0.6984. If it falls below 0.6984 and shows resistance, there is a possibility that it will turn into a short-term downtrend. The important point to continue the upward trend is around 0.236 (0.6024). Looking at the Renko chart, it shows that an upward trend is about to begin. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
ADA: Has Transitioned from Phase D into Phase EHi Everyone! I'm anticipating the peak of this Sign of Strength event in Phase E to get us to at least $1.055 to $1.095 at a minimum. It's possible to continue higher but I want to see us make it to $1.055 to $1.095 price range first and then have a look at our White Energy in the 1-Week, 2-Week and 3-Week time frames to see how much upward pressure remains at that time; before pointing out whether or not upward pressure has exhausted or not. Which would let us know if we can or cannot go higher than $1.055 to $1.095 price range. Red Line in the 8-Week time frame is above Magenta Upper Level 60 at level 62. Since the Red Line is above Magenta Upper Level 60, I'm anticipating the price going up to at least around the Magenta Upper B-Band at $1.099. However, we could continue higher to the White Upper B-Band at $1.32. As mentioned previously, let's see what the white energy looks like in the 1-Week, 2-Week and 3-Week when we make it to $1.099 before determining if we can go up to $1.32. Here's the 8-Week:
Long
by WyckoffMode
26
🔄 Cardano (ADA) Consolidation and Potential Upside Trade Setup!📊 Analysis: Consolidation Phase: ADA has been consolidating sideways for almost two weeks, indicating a potential accumulation phase. Key Level: Watching the $0.75 level closely for a breakout, which could signal a push up to the next area of resistance. Entry Point: Consider entry with a break of the $0.75 level, entering into a long spot trade. Upside Target: The next area of resistance is at $1.18 - $1.25. Stop Loss: Place a stop loss just below $0.68. 🌐 Note: Given the overall market conditions and the potential for a correction, it's essential to manage risk closely. Keep an eye on market dynamics and any news that may impact ADA.
Long
by Richtv_official
The price of ADA is going up. Do you think it will reach $1?BINANCE:ADAUSDT Point 0.7929: This is a crucial support level that the ADA coin price is currently approaching. Volume Increase: The trading volume of the ADA coin is increasing, indicating a growing interest in this cryptocurrency. RSI: The RSI indicator is approaching the overbought zone, suggesting that it is overbought. Conclusion: Considering the mentioned factors, it seems that the ADA coin is suitable for long positions in the daily timeframe. However, keep in mind that this is just an idea, and before any trading, you should do your own research and use proper capital management.
Long
by remykh
1
🚧ADA is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:ADAUSDT ✅Today, I want to analyze ADA for you in a 3D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Broadening wedge is broken and the price can reach 0.83 ,and as you can see, The bullish flag has been broken, which could be a positive event for Cardano's further growth also a Hidden bullish Divergence (HD+) on RSI which shows Positive Signs for CARDANO. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Flag - AB=CD - wedge - Hidden Divergence Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
2
Channel's FloorThe price trend of Cardano is identified as bullish, and it is positioned within an ascending channel. It is expected that the price will oscillate between the ceiling and the floor of this channel. The price was located at the channel's ceiling and had been predicted to possibly decrease to the channel's floor. The price is corrected to the floor of the channel, received support again, and grew, reaching the ceiling area once more. Currently, it is predicted that the price will decrease again and return to the floor area of the channel. However, if the price grows contrary to this prediction and stabilizes above the channel's ceiling, it might experience significant growth. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
Cryptolean Cardano ADA Update: Watch $0.76-$0.80 ZoneAfter a fast bearish dip to the key daily support at $0.57, an ascending trendline, 50-Day and 100 Day Moving Averages, Cardano recovered strongly. It is bullish in the daily ADAUSDT chart and re-testing the key daily resistance zone of $0.76-$0.80. Above $0.80, bulls will take control of the ADA price chart towards $1. A daily candle closure above $0.80 will push XRP price towards $0.90 and higher. A bearish rejection of $0.76-$0.80 zone will result in price declining towards $0.66, the current key support, for Cardano. The ADAUSDT 4-Hour chart is teasing the key intraday support of $0.72. A reversal from its current price location is likely and a bullish rejection of $0.72 will push Cardano to the key intraday resistance zone of $0.81-$0.84. A bearish dip to $0.69 or, even better, to $0.65 and a bullish rejection of one of these levels could offer a long trade towards $0.81-$0.84 and higher. ADA will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole #crypto market and ADA won't be an exception. Like once read. Thank you!
Long
by Trade-Lean
ADA: Bullish Reversal Structure Points to Potential Upside Cardano (ADA) is demonstrating a compelling reversal structure, exhibiting a tendency to respect bullish elements while disregarding bearish signals after initial reactions. Following its ascent to the 60-69 cent range, previously marked by a monthly bearish FVG , ADA found support around the weekly FVG level, leading to further expansion. This shift suggests a transition in order flow dynamics from bearish to bullish. Given that FVGs represent internal liquidity draws, there's an anticipation of an upward expansion towards the 90 cent mark, aiming to surpass previous highs and ultimately targeting the 1.2 level. However, it's prudent to anticipate a sell-off during the summer months, potentially bringing ADA down to the $1 region. This move would serve to reverse the bearish FVG and provide an opportunity for re-accumulation before attempting to breach the all-time highs. In summary, ADA's current price action indicates a favourable outlook for further upside potential, with resistance levels likely to be challenged and overcome. However, investors should remain vigilant of potential short-term corrections and utilize strategic entry and exit points to capitalize on the anticipated bullish momentum
Long
by HadesFutures