ADAUSDT - In Bullish Trend (ABCD Bearish Harmonic Reversal)ADAUSDT can be seen in a bullish trend. Also an ABCD bearish harmonic reversal has been plotted to determine the possible range of the bull run till it reached PRZ. A pending order of buy stop is placed with expectation of hitting TP1 and TP2 (green horizontal lines).
The Signal is:
EP: 0.4303
SL: 0.4111
TP1: 0.4495
TP2: 0.4687
RR: 1%
Lots: 47.19
ADAUSDT trade ideas
This is lovely to see As I mentioned earlier BINANCE:ADAUSDT showed a great impulse and is waiting for an opportunity to enter a long-term Long position either Spot or Futures. I think the time has come and the signs are obvious.
1. Break of Structure ( made higher high ) in a daily timeframe
2. MACD divergence.
3. Volume is decent and looking good.
4. In early March made a higher high in a weekly timeframe ( BOS )
If you don't know where to take profits I suggest you look up my last idea on BINANCE:ADAUSDT
ADA Buy Trade Idea: Leveraging Cardano's Strong FundamentalsDescription
Cardano (ADA) offers a strategic buy opportunity, driven by its robust fundamental strengths. Cardano is a third-generation blockchain platform that emphasizes security, scalability, and sustainability. Utilizing a unique proof-of-stake consensus mechanism known as Ouroboros, Cardano provides energy-efficient and highly secure transaction processing. The platform's multi-layer architecture separates the ledger of account values from the reason why values are moved, enhancing flexibility and security. Cardano's commitment to rigorous academic research and peer-reviewed development ensures a solid foundation for innovative applications, particularly in the realms of decentralized finance (DeFi) and smart contracts. These attributes highlight ADA's potential for growth and long-term value.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Cardano (ADA): Keep An Eye On 100 EMACardano is next on our watchlist, where the price has made a nice bullish movement, and afterwards we have been stopped below 100EMA, seeing struggles to break this zone there.
We are now looking for a possible rejection to happen, which would result in a movement to lower zones here, but if we manage to break EMAs, we will be looking at a completely different movement on Cardano!
Swallow Team
ADA FINAL TECHNICAL ANALYSIS [ SWEET ZONE FOR BUY ]What a huge dump from the Market but we are going to look the over all move of Market in Macro view we are in the bottom point of wave 2 and the beginning point of wave 3 which is a high probability of rally we are expecting a 7 dollar price hit in year 2025
Cardano will Go Up AgainBINANCE:ADAUSDT
Finally ADA breaked the Falling Wedge It means Price Can rise up well.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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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!!
ADAUSDTADAUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
Why ADA MUST Smash The 0.46 Resistance
ADA consolidates in the pocket right below the crucial resistance of $0.46. If Cardano bulls want to go full steam, breaking through this level is essential. Otherwise, the risk of another dip toward the "below 40 level" increases.
Read all details 👇
1️⃣ Chart Analysis
The 0.46 level has been a significant support and resistance level in Cardona's history. In April, ADA dived below this level for the first time since 2023. Afterward, ADA made several attempts to cross back above but was always rejected.
After its dip to 0.35, ADA started another attempt, which was rejected again. Currently, the token consolidates right below this level.
Breaking through the resistance would open the path towards 0.59-0.6, where the next stronger resistance lies.
2️⃣ Technical Indicators
On the daily chart, ADA shows some overbought momentum indicators resulting from the latest price increase. Therefore, the consolidation might be healthy to have momentum indicators return to neutral zones before a breakout starts.
3️⃣ Trade Signals
In one word: Indecisive.
A couple of weeks ago, ADA printed a bearish EMA crossover signal on the weekly chart. Signals on higher timeframes are usually very reliable. As a result, ADA dipped almost 20% right after. However, ADA flashed precisely the same signal on the daily chart just today! This further seconds the scenario of an outbreak to the top.
➡️ What's Next?
Based on the overall bullish momentum, I expect a short period of consolidation (similar to what we discussed about Bitcoin). Afterward, ADA should tackle and break the resistance.
Trade Setup: ADA Long PositionMarket Context:
ADA is currently at resistance, and we are considering two potential scenarios for entering a trade.
Trade Scenarios:
Break and Retest Scenario:
Entry: Enter the trade at a confirmed break and retest of the $0.45 level.
Range Retest Scenario:
Entry: Enter the trade at a retest of the bottom of the range at $0.42.
Common Trade Parameters:
Take Profit:
First target: $0.51 - $0.54
Second target: $0.57 - $0.60
Stop Loss: Place the stop loss just below $0.40.
📊 Monitor the price action for confirmation of breakouts and retests. Adjust entries based on market conditions. #ADA #CryptoTrading #TradeSetup 🎯
ADA - ALL THAT THERE IS
For the past 2 years COINBASE:ADAUSDT have been in a downtrend, it broke out of the Descending Channel, retested it and created the clear bullish path by creating a higher high and a Change of Character not just on the chart alone but also on the RSI both on the daily and weekly and that is a very strong bias right there.
2 scenarios here, it is no doubt that the burst up is an impulse but we are in between considering it as a 1-2/1-2 which is extremely bullish for Cardano and that will mean that this current price action is the wave 2 considering it already retraced over 60% Fibonacci and that also means that this is the cheapest we would be seeing COINBASE:ADAUSDT in the next few years or we could say the other scenario is where the wave B-green is wave 1-yellow and what that means is that even though we see price surge by 10-50% ADA will still make a new swing higher low at 70-90% Fibonacci level ($0.3 - 0.25) but not less than the invalidation level.
If you're a day or swing trader you might want to catch the 20% up and exit at 50% but if you're a position trader looking to ride this imminent bull run, the sky is your limit.
PREVIOS ANALYSIS
OTHER ANALYSIS
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#ADAUSDT is At an CRITICAL Point!🔸Since July 8, the crypto market has seen significant change in sentiment among traders, the Fear & Greed Index went from "Extreme Fear" to "Greed" in a matter of days resulting in the overall price increase in the top Cryptocurrencies.
🔹Bitcoin price increased by 15% leading to the entire crypto market to follow up including ADAUSDT. the pair even outperformed Bitcoin in the same timeframe rising by 30% from $0.3343 to $0.4490.
🔸Buyers successfully used the $0.3554 - $0.3402 support to push the price above the 50 MA ($0.4119) and the support at same price level, putting the price at an important level for further growth.
🔹With further optimism among crypto traders partly attributed to the potential election victory of the former president and his crypto-friendly running mate JD Vance. We can expect the price rise further reaching $0.4609, $0.4888 and the next major resistance, the 20 MA ($0.5193), if the 200 MA cracked the next target for buyers are $0.5834, $0.660 and $0.8040.
🔸Alternatively, if traders sentiment changed to a more negative approach just like how fast it changed to a positive one, it's possible for the price to retreat back to the previous support at $0.3550 where the next major support levels after below that would be $0.2576 and $0.1830.
Zanzibar Trading
ADA is at good prices
ADA is the cryptocurrency associated with Cardano, a blockchain platform. Cardano is a blockchain project that aims to provide a more secure and scalable infrastructure for the development of smart contracts and decentralized applications (DApps).
I start to accumulate ADA in this area because prices are
Right at the lower trendline of the ascending channel
Just above the Fib 0.5
If you have any news on their projects, please share in comments. Many thanks!
Honestly, I don't feel like explaining, the chart says it all !!BINANCE:ADAUSDT
Finally ADA breaked the Falling Wedge It means Price Can rise up well.
✨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!!