ADAUST trade ideas
Long On ADA/USDT, Short term.ADA is currently exhibiting two bullish patterns across multiple timeframes. On the 1-hour and 4-hour charts, it is forming a classic W pattern, signaling potential upward momentum. Simultaneously, on the 15-minute and 1-hour timeframes, a cup and handle formation is emerging, which is often considered a continuation pattern that could lead to a breakout.
Both patterns are aligning to suggest a potential upward move, offering traders the possibility of a 10% gain on a spot trade. However, market conditions can change rapidly, and it is essential to conduct thorough research, evaluate risks, and consider entry and exit points before executing any trades. Always prioritize risk management and avoid overleveraging in volatile markets.
Cardano ADA price slowly turning aroundProbably shouldn't have high hopes for #Cardano CRYPTOCAP:ADA , as it is an old, heavy, and clumsy coin.
However, recently, the information field around the project has been stirring up, to the point where there will be memes on #ADA)
It would be nice to see OKX:ADAUSDT at $0.80 by the end of 2024, following the blue route, w hat do you think?
I don't know what more you need to signal a reversal for ADAThis time we have some clear signs for ADA.
+ Weekly green hammer.
+ Double hammer formation at the 3 days
ibb.co
+ regular bullish divergence at the 1 day/ 3 days / and weekly
+ Breakout of the big dynamical resistance (in yellow) from the ATH.
At ADA/BTC
+ triple bottom at +- 550 sats (at the weekly)
+ regular bullish divergence at the 1 days / 3 days and weekly
Yet we need to confirm the end of the bear trend, in particular for the btc pair, we need to form a higher low.
For the USDT pair we need to break the previous lower high at 0.81$
ADA Spot trade | 1200% or ATH potential in 2025 Bull MarketADA is showing strong potential for a massive 1200% surge or a new ATH in the 2025 bull market. With Cardano's ongoing developments and increasing adoption, this could be a powerful long-term play. Watch for key breakout levels as we head into the next cycle! 🚀 #ADA #Cardano #Crypto"
Cardano may sell from $0.3300 zone.Cardano may sell from $0.3300 zone.
Crypto seems bearish considering the fundamentals around the market.
CRYPTOCAP:ADA moved sharply up after approaching the FIB78.6 zone. The golden TL zone may act as the next resistance.
A drop may follow from there if no positive news follows.
Altcoin Season Cancelled? Cardano Faces 30%+ CrashHonestly, most altcoins are stuck in a bearish rut. We haven’t seen any of them making new highs instead, they're hitting fresh lows. BINANCE:ADAUSDT is no exception, staying stubbornly below the EMA200 line. So, the talk of an alt season? We’re not buying it. Let’s zoom in on Cardano and see what’s really going on.
On the daily chart, Cardano is digging in below the EMA200 line and the bearish trendline, reinforcing the strong bearish trend. A rising wedge pattern had formed, but instead of breaking out, it got hit with a series of heavy bearish candlesticks. And just to keep things interesting, the MACD has thrown in a bearish crossover for good measure.
Recently, Cardano took a nosedive, breaking out of the rising wedge with a surge in trading volume, not exactly what the bulls were hoping for. To add insult to injury, the MACD line slipped below the signal line, signaling that the bears were tightening their grip.
With all these bearish signals lining up, we’re eyeing a possible slide toward Target Area 1 at 0.2506 or even a deeper dip to Target Area 2 at 0.2197. These targets are mapped out using the Fibonacci ratios of 1.272 and 1.618.
However, there might be some hope for the bulls if the price breaks above the resistance level at 0.3815.
Disclaimer: "This analysis is purely for educational purposes and shouldn’t be taken as a recommendation to go long or short on Cardano."
If you’re enjoying the ride, hit that rocket button, share your thoughts in the comments, and keep the conversation going!
Can 128% be soon?Cardano (ADA) is one of my favourite coins which I choose to invest in. This is trade (investment) setup on larger timeframe. If you never bought ADA before it is still not late. I am not looking to reach targets 2,3,4 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and hopefully on Target 4.
Entry Zone: 0.50 – 0.57
Buy Zone 1: 0.30 – 0.37
Buy Zone 2: 0.13 – 0.16
Target 1: 1.33 – 1.44 (128%)
Target 2: 2.83 – 2.93 (390%)
Target 3: 4.35 – 4.89 (651%)
Target 4: 5.73 – 5.84 (891%)
Cardano (ADA) Analysis
The price of ADA pulled back from $0.3940 and testing the support zone (Red) at $0.3524 - $0.3616. If this red support zone holds, the price could bounce from here, and then the targets are the next resistance level at $0.3940 and the next resistance zone (Green) at $0.4177 - $0.4286. If the price breaks down the support zone (Red), we might see it move to the next level at $0.3210, and further decline leads to the next support zone (Blue) at $0.2698 - $0.2770.
Everything is on the chart
ADA Forming a bullish pattern on a Monthly candleForming a bull wave with a base support at 0.25 aiming 1 . Since the price dropped hard there should not be a stop loss just a good entry but if traded with leverage then below 0.25 should be the stop. Main target is 1 but if it breaks hard higher bands will be in reach.
Cardano (ADA): Possible Failed Re-Test To Happen / Sell MomentumCardano had another rejection from EMAs, where the price is now re-testing the local broken zone (currently the support zone).
We are looking for a break in that zone, which would mean a failed re-test and a possible movement back to lower zones of liquidity here!
Swallow Team
ADA ANALYSIS🔮 #ADA Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #ADA. It's a daily time frame breakout and we will see more higher price in long-term. After a successful retest, we could see proper a rally 📈📈
💸Current Price -- $0.3990
📈Target Price -- $0.5900
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ADA #Cryptocurrency #Breakout #DYOR