Cardano maybe the next move is bullish !ADA made a bullish patterns Inverse Head and Shoulders i see if it broke out from the resistance
Disclaimer:this is not a financial advice
ADAUST trade ideas
Destiny Of The ADAThere is a lot of similarity compared to the previous cycle, in this range we should only think about buying, in the coming days if you see crazy moves from Cardano, you should not be surprised!
Ada has good potential in 2024🔥Hello, dear friends!☺️
🧐Today, I present to You my chart showcasing the promising potential of the ADA coin (from Cardano). As you all know, Cardano has its own cryptocurrency called ADA, which serves as the primary asset of the platform. They utilize the Proof of Stake (PoS) algorithm to ensure network security and support its decentralization.💻
⚡️It's essential to highlight that the Cardano project adheres to scientific methods in the development and implementation of its technologies, contributing to increased security and stability of the network.
Regarding the price movement of the ADA coin, let's take a look at the chart.👀
In December 2023, the price broke through the resistance line of a parallel channel that had been forming for almost a year (marked in red). The formation of this channel began after a prolonged sharp decline in price following the last bull run. I've labeled this parallel channel as the bottom on the chart!👇
💡It's safe to assume that in the coming months (medium-term perspective), we can expect the price of this coin to rise. By placing several buy orders (orange zone) to catch it at the optimal price, setting the marked levels for selling (take profits) at 0.9, 1.0, and 1.2, and keeping in mind the stop-loss level 🛑 - under 0.38, it could be a very profitable deal!🔥
🚀I believe the potential for this coin is quite good, but significant growth will require more time. So, let's add it to our checklist and keep an eye on it 😉
🧐What do You say, folks? How do You feel about ADA and the Cardano project itself? Do You have any experience trading this coin?
Thanks for Your attention, stay tuned! Subscribe not to miss out. 🫶
Always sincerely yours, Kateryna💋
ADA BULLISH IN 1H TIMEFRAMEADA has just shown the bullish signal in short term (1h) timeframe.
Targets and SL are given in analyzed chart.
ADA Cardano Double TopIf you haven`t bought ADA before the altcoin season rally:
Now, I believe we are going to see a retracement from this Double Top formation, one of the most bearish chart patterns, to $0.53!
ADA (Y24.P1.Video1).Not looking goodHi Traders,
Here are my thoughts on ADA and why I am looking to take my business elsewhere.
All the best,
S.SAri
Destiny 1D ADAThe trend that this cryptocurrency is taking with respect to the 3-point Fibonacci retracements can be considered as such, of course, I will say again that each trader has to go with his own personal strategy and here we are just talking about each other.
Cardano what i didOkey guys, today we saw how Doge went up to 0.22$, so, i had a peofit of 30% in one of my bags, i sold over 3700 doges at 0.21$
and bought all of that in Cardano at 0.62$
what i believe?
according to Fibonacci, Cardano could go up to 3-5$ , yes its bit crazy, but its all most 6x from now
if you can see , Cardano didnt have his own Bullun as Doge or Other cryptos had in the past weeks.
im all in, in Cardano
ADA/ CARDANO forecastNew to Trading/crypto trading. ADA/Cardano is looking to have a bullish falling wedge? any tips/advice would be great!
Cardano(ADA): Two Potential Scenarios To Trade!Cardano is approaching the branch of EMAs where we are looking and waiting for two potential scenarios:
If we see a breakout there, we will be waiting for our buy zone entry to be secured for price to move higher.
If we see a breakdown, then we will be looking into the sell zone for potential further movement to lower zones!
Swallow Team
Destiny Daily ADA/USDTThe support for MA100 is clear, in terms of Fibo Expansion is good and Level-to-Wave is going through technical phases and Target 1.27 is available, as well as the Ichimoku clouds I optimized are all clear.
sentiment to the upward trendCardano Currency Analysis Personal Comment: Price after reaching key support
In the four-hour time frame, a reversal occurred at 0.5684. To enter the trade, the demand range of 0.6225 must be confirmed, and after the downward channel is broken, the upward movement to the demand range of 0.6940-0.7360 will begin.
Destiny 4h ADA/USTDIn order not to be fooled in drawing lines and areas, just use the Heikin Ashi candle.
Be extremely careful because I checked the ADA/BTC chart and saw that it is very important in support.
ADAUSDT bullish continuationThe current market analysis suggests that ADA/USDT is experiencing bullish continuation, indicating a favorable environment for considering purchasing ADA with USDT. This assessment is based on technical indicators and possibly fundamental factors, such as positive news or developments surrounding the project.
On the daily timeframe, a significant buying zone is identified between $0.56 to $0.58. This range represents an area where substantial buying interest has historically been observed, potentially acting as a support level to prevent further price declines. Additionally, on the 4-hour timeframe, a fresh buying zone is noted between $0.59 to $0.61. This zone not only aligns with the upward trend but also respects the trend line, adding further confluence to the buying opportunity.
The identification of these buying zones highlights the importance of technical analysis, particularly in understanding key price levels and trend dynamics. Traders may use tools such as support and resistance levels, trend lines, and chart patterns to identify such zones and make informed trading decisions.
Moreover, the alignment of the fresh buying zone with the trend line adds significance to the buying opportunity, as it suggests a confluence of factors supporting upward price movement. This could attract more buying interest from traders looking to capitalize on the continuation of the bullish trend.
It's crucial to emphasize that trading decisions should always be accompanied by proper risk management strategies. This includes setting stop-loss orders to limit potential losses and adhering to position sizing principles to manage risk exposure effectively. By incorporating risk management practices, traders aim to protect their capital and minimize the impact of adverse market movements.
In conclusion, the analysis suggests a bullish continuation for ADA/USDT, with significant buying zones identified on both daily and 4-hour timeframes. These zones offer potential entry points for traders, with the added confluence of respecting the trend line. However, prudent risk management remains essential to navigate the uncertainties of the market and ensure long-term trading success.
Macro HopiumTried to make this line up with fib times. W & Y are about equal in time and degree, this is assuming BTC rallies into the end of the year and bottoms in 2023 and that alts bottom a few months after it. The primary (3) impulse is taken from primary (1), added previous ATH trendline which seemed like it could be significant. Let me know what you think!
Definitely not accurate do not invest based on this, especially exact targets!!!
Just a general longer time frame idea, I am noob
Cardano(ADA): 30% Drop Might Happen? Cardano has had a smaller rejection, breaking fully into the middle line of Bollinger Bands and securing it as well for now.
We are looking here for further downward movement across both EMAs, which would mean a market price movement of 30%.
Swallow Team
