ADAUST trade ideas
Cardano (ADA) Analysis: Key Levels & RSI Insights✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the Cardano (ADA) coin in the crypto market.
🗂 About the Project:
Cardano (ADA) is a decentralized blockchain platform that seeks to provide a more secure and scalable infrastructure for the development and execution of smart contracts and decentralized applications (DApps). It is known for its research-driven approach and peer-reviewed academic papers guiding its development. The platform aims to deliver a more balanced and sustainable ecosystem for cryptocurrencies.
📊 Weekly Timeframe Analysis
In the weekly timeframe, ADA has been under significant bearish pressure. After reaching highs near major resistance levels, the price has declined sharply, currently testing key support levels. The major resistance levels are observed at $0.4410 and $0.7883, while crucial support levels are around $0.3204 and $0.2416.
📈 If ADA stabilizes above $0.3204, we may see a bullish momentum building up towards the resistance levels of $0.4410 and potentially $0.7883. Confirmation of this trend will depend on the price holding above these key levels.
📉 Conversely, if ADA fails to hold above $0.2416, it could signal a continuation of the bearish trend, with the next significant support level around $0.1679. Volume analysis indicates significant selling pressure, which needs to decrease for a potential reversal.
📊 Daily Timeframe Analysis
On the daily chart, ADA has been struggling below the $0.3473 level, showing a consistent downtrend. There is noticeable bearish momentum, and the price has found temporary support at $0.3003.
🧲 Given the current setup, a stabilization below $0.3003 could indicate further bearish movements, potentially down to $0.2416. However, if the price moves above $0.3473, it could indicate the start of a bullish recovery, targeting higher resistance levels like $0.4343 and $0.4226.
📊 RSI Oscillator
The RSI is currently showing oversold conditions, indicating a possible opportunity for a short-term rebound. The RSI levels range between 34.28 and 37.73 across the different timeframes. A breakout from these levels could provide confirmation for opening positions.
📉 Given the current bearish signals in both the weekly and daily timeframes, alongside oversold conditions on the RSI, it is advisable to proceed with caution. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans.
⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
Market psychology(on ada coin)History comparison that identified that we are in the blue area(4). whether this is the truth, time will tell, but it is also logical with the example of elementary market psychology.
It can be a great helper for future trades and creating better analyses.
logically, this ada analysis applies to all coins.
This analysis does not show where exactly the ada falls when it happens, the main focus is on six different stages.
ADAUSDT - Great Long Term Buying Levels BINANCE:ADAUSDT is currently finding support after breaking through the bearish structures on weekly timeframe. This looks like a great buying opportunity as we can maximise profits with multiples profit levels and set our stop loss below a major support on weekly timeframe!
Cardano (ADA): Approached The Major ResistanceCardano has made a nice re-test to the upper major resistance zone in a 4-hour timeframe.
We are seeing a nice small overbought sign here from Bollinger Bands, while the price is also testing the 100EMA.
We are looking to see a rejection near that zone, which would mean a start of movement towards our two lower zones here!
Swallow Team
Cardano (ADA): Waiting For Touch of Support ZoneCardano had done a good drop since getting rejected by EMAs but yet it has not reached the support zone, which is a zone that we will be waiting to be reached!
So until now, we are looking for that zone to be reached and after that, we will be looking at price action and how price will react to that zone!
Swallow Team
Adausdt Analysis Ada - has to hold green box which is 0.26-0.28 region if not we will be in official bear market, where capitulation can happen below .10 cents
Stay strong guys, we will resurrect from crypto massacre and will have heavy adoption on cardano.
DYOR
ADAUSDT - In Bearish Trend (ABCD Bullish Reversal Harmonic)ADAUSDT can be seen retracing from point C to D. I plotted ABCD Bullish Reversal Harmonic pattern on a 1D time frame to determine the trend. Once the trend is determined I switched to 1H time frame and found the chart making LHs and LLs. There was a bullish divergence on a 1D time frame due to which the trend corrected from point B to C. After that no divergence is observed on 1D or 1H time frame. I have placed a pending order of Sell Stop on an hourly time frame.
The Signal is:
EP: 0.3488
SL: 0.3750
TP: 0.3226
RR: 0.15%
Lots: 5.73
Ada to $0.3515 or lower...TonightJust following my trade plan, the odds are in my favor.
0.3515-0.3425 Target
Market is still trending down with no
major sign of reversal yet.
Still monitoring though, just in case market wants to wick higher one more time before drop. I see signs of whales selling but not very strong yet. Given we wick up I'll look to exit and reposition with a bit wider stop.
I'll update in the comments my actions throughout the trade as new price action data comes in
Cardano 2025 Bull-Market Accumulation Zone RevealedThis is a very interesting opportunity, the silver lining.
➖ Cardano is loosing ground, but we are here long-term.
➖ Cardano is undergoing a major correction, but the entire Cryptocurrency market is going through the same.
➖ Cardano is a great project, and so, we have to focus on what will happen next.
👉 Since a major support level is lost, in the form of 0.786 Fib. retracement, we can expect ADAUSDT to move back to its long-term support. This is the same level that supported Cardano back in October 2023 and January 2023; this level is marked on the chart as "accumulation zone."
👉 This is likely a good range to accumulate for long-term hold; the strategy is simple: load up as much as you can in the remaining of 2024, then wait for 2025. When the new All-Time High is in, that's when we take profits and enjoy.
Patience is key.
Namaste.
adausdt long potential After a nice comeback into a daily ob in high resistance , price as some pullback potential into the 0.3620 we had a lot of rejection from 0.3500 that makes me think that price doesn't want to go lower so i'll be expecting a bull move soon , look for any bullish confirmation that respect your plan , trade well and enjoy your day.
Cardano Weekly Analysis: Ready for LONG ? (READ THE CAPTION)By analyzing the #Cardano chart on the daily (logarithmic) time frame, we observe that the price has started to rise as we expected in our previous analysis, hitting the first target at $0.42 and the second target at $0.45! After gathering the necessary liquidity, it began a further correction and is currently trading around $0.368. As you can see, the $0.317 to $0.36 range is an important demand zone, and we need to see if the price will stabilize above this level. If the price stabilizes above this support level, the medium-term targets will be $0.3810, $0.4270, and $0.4570, respectively.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ADA buy📊Analysis by AhmadArz : ADAUSDT
Support and Resistance Levels:
Support Level: The horizontal line at the bottom of the chart around $0.3199 🛡️.
Resistance Level: The horizontal line at the top of the chart around $0.4101 🛡️.
Time Range:
The chart includes price data from approximately June 10th to July 11th 📅.
Entry and Exit Points:
Entry Point: The short horizontal line near the $0.3700 price indicates the entry point for the trade 🚀.
Take Profit (TP) Levels:
TP-1: $0.3700 🥇
TP-2: $0.3863 🥈
TP-3: $0.4037 🥉
Stop Loss: $0.3436 ❌
Expected Price Ranges:
Green Zone: The area where the price is expected to move upwards to reach the take profit levels 📈.
Red Zone: The area indicating where the trade will be stopped out if the price moves down to the stop loss level 📉.
Black Arrows:
The arrows highlight significant price movements and key points that might indicate a trend reversal or continuation 🔄.
This chart suggests that the price of ADA is expected to move within the specified range (green zone) and reach the take profit levels (TP). If the price drops to the stop loss (red zone), the trade will be stopped.
Cardano (ADAUSDT) Elliott WaveHello friends
In Cardano digital currency (ADAUSDT) after a bearish impulse wave that was predicted in the previous analysis, we expected price growth, both of which were realized.
Now we see a 5 wave and a complex correction in the dominant WXY.
We call these 5 waves micro wave 1 and the corrective wave a complex zigzag.
Of course, maybe these 5 microwaves are wave A and zigzag wave B, but in both cases, the price should grow.
Now another small wave and another small zigzag can be seen, which I call waves 1 of 3 or C and zigzag as wave B.
In both cases, the price should increase and a buy trade can be planned.
Stop loss can be the range of $0.38, the first target is the range of $0.45, and the second target is $0.52.
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Cardano (ADA) Elliott WaveHello friends
In digital currency Cardano(ADA) we are witnessing the formation of a 5-wave Elliott pattern.
Waves 1, 2 and 3 have been formed and completed.
Wave 4 is forming.
According to the formed pattern, we are probably facing a triangle, which is very common in wave 4.
Therefore, to complete this pattern, we expect to have a growth up to the range of 05000 in the dominant wave... and then wave 5 will start.
At the moment, you can enter a buy trade and reach 0.4140 with a stop loss, and consider the profit limit at 0.4980.
Then, when the price reaches the range of 0.5000, we can enter the sell trade with a loss limit of 0.5250 and a profit limit of 0.3500.
To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost.
Be successful and profitable.
How bright is the future of #ADA ?CRYPTOCAP:ADA 1W chart;
If I were a big investment company and I wanted to invest in the Layer1 space, which one would it be and why?
* Technology and Innovation
* Ecosystem and Community
* Application Areas
* Governance Model
* Reliability and Transparency
The Cardano CRYPTOCAP:ADA , which holds it all and has yet to shine this year
Cardano (ADA): Back At Entry / Possible Rejection?Cardano is back at our original sell zone after showing us a nice small correctional movement.
As of now, we are looking for small sideways movements or slight bullish moves, which would end up with a further correction to fill those bullish ladder zones near our target zones so eyes open!
Swallow Team
ADA update (Buy Setup)This analysis is an update of the analysis you see in the "Related Ideas" section
The price did not reach the red range of the previous analysis to enter the sell/short position.
If the price reaches the red range again before reaching the green range, we can look for sell/short positions.
Now we have prepared an update for ADA.
A trigger line has been broken and a support zone has formed at the bottom of the chart.
On this range, you can look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Cardano to Rekt City. 0.3950 Likely todayCardano is currently bearish from weekly all the way down to 1hr timeframe.
Therefore probability for further selling is quite high since everyone is selling.
I'm waiting to get an entry confirmation in this area around $0.415
My target is $0.3950. Depending how structure develops in the next hr or so might be able to get a 4.5-5RR trade setup.
This trade aligns with my trade plan which is profitable and average at least 60% hit rate when followed fully.
I trade based on market structure, candlestick analysis, trend, support and resistance, specific times of day and volume analysis with occasional chart patterns,fib, and 50 sma confluence.
The goal is to short Lhs and long HLs. This ensure the odds are in my favor always with good risk to reward and fixed risk % for consistent profitability.
I'll post here in the comment when I enter the trade if it's still valid.
ADA another leg upHi guys,
I think ADA is going up and make another rally.
I'm in position and my target is 1.18 dollar.
other targets until that level has been shown on chart.
check it out.
and don't forget support me for next update.
thanks
