ADAUST trade ideas
ADA: Bullish continuation is imminent! Previously, the price breached the descending triangle to the upside and is currently encountering some resistance. A decisive break above this resistance will signify the commencement of a bullish continuation. Therefore, it is advisable to closely monitor this setup if one is seeking a secure entry point into the market.
The idea is to buy when the price breaks above 1.12$ and take profits at the levels shown in the chart.
Targets:
1. 1.17$
2. 1.24$
3. 1.3$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
ADA/USDT: Potential Reversal with SMC and ICT StrategiesBINANCE:ADAUSDT ADA/USDT: Potential Reversal with SMC and ICT Strategies
Analysis:
The chart shows the ADA/USDT pair on a 4-hour timeframe, published on TradingView. The chart is rich with technical indicators and annotations, including price action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies.
Price Action and SMC Analysis:
Break of Structure (BOS): Multiple BOS points are marked, indicating significant shifts in market structure.
Change of Character (ChoCH): Several ChoCH points are noted, suggesting potential reversals or shifts in trend.
Volume Profile: The volume profile on the right shows high trading activity around the 1.0736 level, indicating strong support/resistance.
ICT Elliott Wave Analysis:
The chart shows a descending channel with multiple touchpoints, suggesting a corrective wave pattern.
The price appears to be breaking out of the descending channel, indicating a potential bullish reversal.
Indicators:
RSI: The RSI is currently at 74.65, indicating overbought conditions but also suggesting strong bullish momentum.
Volume Oscillator: The volume oscillator shows a recent spike in buying volume, supporting the bullish breakout.
Buy Strategy:
Entry: Enter a long position at 1.0736, which is a key support level and the point of breakout from the descending channel.
Take Profit (TP1): Set the first take profit at 1.1194, where there is significant resistance as indicated by the volume profile.
Take Profit (TP2): Set the second take profit at 1.1542, the next major resistance level.
Stop Loss (SL): Place the stop loss at 1.0736 to minimize risk in case of a false breakout.
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Sell Strategy:
If the price fails to hold above 1.0736 and breaks back into the descending channel, consider shorting with a target back to the lower boundary of the channel.
This analysis combines price action, SMC, and ICT Elliott Wave strategies to provide a comprehensive trading plan for ADA/USDT.
Cardano Could See $1.5 Price Target: More Gains AheadHello and greetings to all the crypto enthusiasts, ✌
I aim to provide you with a comprehensive overview of the future price potential for Cardano , 📚💡
Cardano, once in the spotlight during its peak, has built a strong, engaged community on social media, attracting interest from major players like institutional investors and influencers. From a technical perspective, I remain optimistic about its future, expecting a potential upside of at least 41%. 📚✨
With strong momentum and an active following, Cardano seems poised to outperform in the near to medium term. It's also likely that the price will test support before making its next upward move. Given the current market trends, this presents a good opportunity for further gains. 📚🎇
🧨 Our team's main opinion is: 🧨
Cardano, with its strong community and momentum, looks set for a 41% upside, likely testing support before its next move, offering a solid opportunity for gains.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Be careful with ADAUSDT !!!As I mentioned, the price finally managed to break the bullish wedge and reach the targets I mentioned. Now, technically, since the price has reached the important 0.618 line, it might correct slightly and then break this line with strength to reach higher targets.
PREVIOUS ANALYSIS
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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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!!
ADA - Time to buy again!Possibly due to Bitcoin's price rising above $100,000 and an increase in money injection into Bitcoin, the price may correct slightly in a few days, drop to the support line, and then rise to $1.25 .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
ADA update and current levels (D)BINANCE:ADAUSDT bounced or rather moved around the 2018 support and managed to break above it decisively around 4 days ago. now it again knocks at the 161.8 fib extension on which it may find resistance again .
question now is if it manages to push above it and finally find continuous support around that level (or the VAH it currently resides at perfectly) OR if it retraces once more towards the 2018 support before attemtping a break out.
I guess, given the whole market, that everything will be kind of uncedided until the inarguration of Trump on 20th January. Noted, this can also mean another small dump (sell the news event) but let's hope that won't be the case. mid/long term I see cardano show some strength again and successfully find support around the previous high area between 1.35 and 1.30. IF it then retraces again towards a support zone I think it'll bounce from the 1.15 area and aim higher towards 1.70 within the next weeks.
ADA on high time frame
"Regarding ADA on the high timeframe, in line with my recent analysis, the price is advancing towards higher levels. If you decide to join me in buying for holding or trading, now presents a favorable opportunity to increase your volume near $1. Please ensure to prioritize risk management in your decisions."
ADA rejection on the way?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#ADA Rejection on the Way?
Cardano (ADA) has caught the attention of traders with its recent price movements, especially as it approaches key levels that could signal either a rejection or a continuation of its current trajectory. Let’s take a closer look at the dynamics in play and what they might indicate for ADA’s next move.
Recent Price Action
ADA’s recent rally brought it to a critical resistance zone, raising questions about whether the upward momentum can sustain or if a rejection is imminent. Historically, this level has acted as a significant inflection point, and its current behavior aligns with prior instances of strong price reactions.
Key Levels to Watch
1.20: This is the primary level that ADA needs to break and hold above to maintain bullish momentum. A clear breakout here could open the door for further upward movement.
0.77: On the downside, this level represents a crucial support zone. A deep break below 0.77 would not only invalidate the current structure but could also signal a deeper correction.
Potential Scenarios
Bullish Case: If ADA consolidates sideways near the resistance without significant rejection, it could indicate strength and the possibility of an eventual breakout above 1.20. This scenario would align with bullish continuation patterns.
Bearish Case: A sharp rejection from 1.20, especially if followed by increasing sell volume, could push ADA back toward the 0.77 level. In this case, traders should watch for whether 0.77 holds as support or breaks, signaling further downside risk.
What to Look For
Sideways consolidation around the resistance level would be an encouraging sign for bulls, suggesting that ADA may gather strength for a move higher. Conversely, sharp and impulsive downward moves could point to a rejection in progress. Observing price action and volume near these levels will be key to assessing the next likely direction.
Final Thoughts
As with any market analysis, it’s important to remain flexible and responsive to price developments. ADA’s behavior around the 1.20 and 0.77 levels will likely provide critical clues about its near-term trajectory. While rejection remains a possibility, the potential for a bullish continuation cannot be ruled out. Traders should monitor these levels closely and adjust their strategies accordingly.
Trade safe, trade smart, trade clarity.
ADATechnical Analysis of Cardano (ADA) against Tether (USDT) on a 3-day timeframe on Binance.
Price Analysis:
- Current price: 1.0848 USDT
Key Support and Resistance Zones:
- Blue horizontal zone around 1.00 USDT
- Yellow horizontal zone around 1.50 USDT
- Purple horizontal zone around 2.00 USDT
Trend Lines:
- White lines indicating possible support and resistance levels
Projected Price Movement:
- Dashed white line suggesting a bullish trend towards 3.00 USDT
Candlestick Patterns:
- Historical price movements with candlestick patterns
This analysis visually represents potential future price movements for ADA, highlighting key support and resistance levels and suggesting a positive outlook.