Chance another drop for ADANFA, IMHO. Wise just for another anticipate.
If it's happen then it could open for another leg down, volume has starting to reduce while price pullback above.
I nvr command anyone to sell/buy.
ADAUSDT
Crypto Forecast: ADA ☀️ 24 Hours; Correction in 1 WeekClouds lie ahead for the global crypto market, including Bitcoin and Ether in the next 24 hours, translating to a slightly bearish trend. ☁️ Altcoins Cardano, Dogecoin, Polygon, and Chainlink, however, enjoy bullish sunshine.
Over a one-week horizon, the ☀️ bullish sun will return for both Bitcoin and Ether. Yet, cloudier bearish trading conditions will prevail over Ripple’s XRP, Cardano, Binance Coin, and Polkadot. ☁️
Follow us for more crypto weather reports!
Ada(based on NEo wave)Now its recognizable pattern for me just a little time and price correction and it will start to grow.
My stop loss is wave E.
ADAUSDTIs ADAUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.3100
What you guys think of it?
The Dollar Shop💵: ADA, FTM, CTXCHi Traders, Investors and Speculators of Charts📈📉
I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑
Incase you missed the previous one, find it here :
NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100.
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CryptoCheck
ADA ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ADA vs ETH : Which is Better Buy ?Hi Traders, Investors and Speculators of Charts📈📉
Both Cardano and ETH have massive followings. When ADA was released, many argued it was going to be the "ETH killer" . (Don't shoot the messenger now).
But today's analysis is not going to be about fundamentals, or arguing which coin is better than which... instead, we're going to take a look at which coin has the most upside potential for the next bullish cycle. ADA or ETH? And also, what is the risk-reward?
First, let's take a look at SHORT TERM zones:
It's important to note that during the last bearish cycle, ETH lost 80% of it's ATH whilst ADA lost just over 91%, meaning that ADA falls much harder than ETH.
In the DAILY / also SHORT TERM / we see that ETH is ready to proclaim a new bullish cycle, but ADA not yet as ADA struggles to capture the 200d Moving averages:
From the weekly perspective, ETH is just about to reclaim all Moving Averages as support, but Cardano is lagging behind, still trading under the 50d MA (technically from a moving averages perspective, still bearish).
And finally, from a macro perspective logarithmic chart, ADA has yet to reclaim the 0.618 Fibonacci Log Channel, whilst ETH is already trading on top of it.
With all of the above said, there is a clear distinction that we can make between the two trades : ETH is a safer bet then ADA, but ADA has much more upside potential then ETH. This is where you need to decide what your appetite is for risk. ETH has a lower risk medium reward setup, and ADA has a high risk high reward setup.
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CryptoCheck
ADAUSDT.1DBased on the given data, the current price of ADA (Cardano) in terms of USDT (Tether) is 0.3579. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 63.78, 87.74, and 63.56 respectively. The Moving Average Convergence Divergence (MACD) for the same periods are 0.0080, 0.0245, and -0.0098 respectively.
The RSI is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 is typically considered overbought, while an RSI below 30 is considered oversold. The 4-hour and 7-day RSI are in the middle range, suggesting a balanced market. However, the 1-day RSI is high, indicating the market might be overbought.
The MACD is a trend-following momentum indicator. A positive MACD indicates that the 12-day EMA is trading above the 26-day EMA, suggesting bullish momentum. The 4-hour and 1-day MACD are positive, indicating bullish momentum, while the 7-day MACD is negative, indicating bearish momentum.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.3671, 0.3656, and 0.3732 respectively. The BB is a volatility indicator. When the price is near the upper band, the asset might be overbought, and when it is near the lower band, it might be oversold. The current price is close to the lower band for all periods, suggesting that the asset might be oversold.
The support levels act as a floor by preventing the price of an asset from being pushed downward and resistance levels act as a ceiling to prevent the price of an asset from being pushed upward. The support and resistance levels for the different time frames suggest that the price has room to grow before hitting resistance, but also has some cushion before hitting support.
In conclusion, the technical analysis suggests mixed signals with some indicators suggesting a bullish momentum and others suggesting the market might be overbought. As always, it's important to consider market fundamentals alongside technical indicators when making investment decisions.
Cardano price can rise up to 0.35 levelHi everyone,
After consolidating at 0.24 - 0.26 price range Cardano price started to rise and has reached very important resistance level at 0.3 price. If ADA price manages to break 0.3 level then next target will be at 0.35 resistance level.
Also worth noting that daily RSI is above 70, price at resistance level, so there is possibilty of price correction on Cardano. But this correction shouldn't be big, maybe up to 0.28 but no more than that.
Otherwise Cardano has a good chance to rise at least up to 0.35 price level.
Please, do not forget to boost this idea & share it with your friends; thanks.
Chainlink update - Resistance approaching!!!Since our last private posting we have seen link follow the chart to the tee.
Looking to break this $13.45 level, another 10-15% after that isn’t unlikely.
Follow for more updates!
Strong CardanoHello there , mastershark here , the predictor.
As some folks requested here’s what i think about cardano ; despite being rubbish cardano is showing strength. I think that there’s high probability that ada will break the ATH and aim to 8$ or around for the peak of bull run .
Many old coins wont BTW .
As I mentioned in the chart historically we are in the beginning of bull cycle which in previous one covid 19 gave us black swan and i think some incidents like that isn’t on the table unless we see a huge war which i think the governments can’t afford.
We have obvious similarities with previous cycle that isnt a criteria but ill give us some clues.
Check the RSI aswell.
Stay safe fam .
☁️ ADA 24-Hr Outlook: Bearish Trend Ahead, Downside Risk? Mixed trading conditions on the global crypto market in the next 24 hours. 🌦️ Cloudy bearish trading conditions ☁️ lie ahead for Bitcoin, Ripple’s XRP, Cardano, and Binance Coin, while ☀️ sunny bullish conditions lie ahead for Ether, Litecoin, and Dogecoin.
Over a one-week horizon, the ☀️ sun will shine over the entire crypto sphere, indicating strong upside potential. Only Polkadot is set to face a ☁️ cloudy bearish trend, as ATTMO shows.
Follow us for more crypto weather reports!
Cardano (ADA) needs to cool down before continuingCardano have moved a lot recently and need to cool off for some time. I expect Cardano to find support in the yellow area and later return to new highs above 0,375 dollar.
Get Ahead of the Game with Cardano: Target Predicted to Hit $0.5As we've witnessed Cardano's consistent growth and development in the crypto market, now is the perfect time to make a move and consider going long on ADA. With such a promising target in sight, this is the opportunity you can't afford to miss out on! 🌟
Cardano's impressive fundamentals, including its advanced smart contract capabilities and sustainable proof-of-stake mechanism, have attracted a significant number of enthusiasts and investors. The Cardano community is thriving, and the project continues to show remarkable progress under the guidance of its visionary team led by Charles Hoskinson.
By getting in now, you not only seize the chance to potentially profit from Cardano's upward trajectory but also become part of an innovative ecosystem that aims to revolutionize the way we build and utilize blockchain technology. With its continuous advancements and partnerships, Cardano is shaping up to be a game-changer in the crypto landscape.
So, are you ready to embark on this exciting journey with us? Take action today and consider going long on Cardano (ADA)! Keep a close eye on the market developments, leverage market analysis tools, and consult with fellow traders to make an informed decision.
Remember, in the world of trading, opportunities come and go, but a carefully calculated move can set you apart from the rest. Make the most of this moment and position yourself strategically.
Together, let's ride the wave of success with Cardano! Don't wait for the target price of $0.50 to become a reality without you!
Below 0.2441 : Entering the bottom sectionHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
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(ADAUSDT chart)
The key is whether the price can be maintained above 0.1720 and rise above 0.2974.
(1D chart)
Falling from the current position could mean falling to the bottom, so a countermeasure is needed.
Accordingly, the key is whether it can receive support and rise in the box range of 0.2441-0.2580.
If this is not possible and the price falls and shows resistance, a stop loss is necessary.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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ADAUSDTCardano is currently making an attempt to surpass a significant resistance level on the daily chart. If it successfully breaches this resistance, it has the potential to experience an upward price movement, potentially reaching 55 cents.
Cardano Weekly ChartADA/USDT Fibonacci Support/Resistance Levels.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
ADA/USDT Ready for another Bull Run?🚀 ADA Analysis Today💎Yello, Paradisers! turn your gaze to ADAUSDT. It's currently navigating within a trading channel, hinting at a potential upward momentum.
💎For a significant duration, ADA has been traversing this descending channel. The prevailing trends suggest a likely climb towards the Bearish OB and the supply zone above.
💎Positioned in the demand zone, if the price surpasses the .3000 mark, the chances of a bullish surge increase. While newcomers might consider shorting at this point, a comprehensive view is recommended.
💎On the other hand, if Cardano descends below the .2800 demand point, there's a heightened probability of it approaching a more robust support level. As always, stay alert and strategize effectively.
💎Refine your trading decisions for ADA with ParadiseFamilyVIP. Delve into expert insights on ADA and other potential coins, optimizing your crypto approach.
Cardano is going to recover its uptrend.We will wait for a nice situation to get short in ADA. Cardano is increasing on its price side. However, a time correction of the chart is a requirement to keep the uptrend.
We will short ADA in the shown section if it reaches above $0.4 by the 1-day time frame in the next month.
ADA/USDT Break Descending Channel. Upward Momentum ???💎 ADA has unquestionably captured our attention, shattering the descending channel pattern with a substantial influx of buyer volume. Following this breakout, ADA embarked on a notable ascent, reaching the supply zone, only to face stern rejection.
💎 This supply area became particularly evident in the 8H timeframe, where ADA encountered significant pushback in the last two candles. There's a possibility that ADA might retract to the demand zone for a retest, gathering strength for another attempt at breach. However, if ADA manages to Break the supply zone without delay, Probability smoothly sail toward the next target - the Bearish OB zone.
💎 On the flip side, a concerning scenario would unfold if ADA, while retesting the demand zone, fails to demonstrate any bullish rejection or bounce. This lack of resilience could signal ADA's potential forfeiture of the demand zone. Should this occur, the momentum could shift from bullish to bearish, priming ADA for a downward trajectory as it seeks to retest the robust support zone below.
Cardano (ADA) Lucky ?After the removal of Cardano currency from platforms such as Bakkt, Etoro, Robinhood, as well as the news of its removal from the Binance exchange and the theft of 60,000 units of this currency, we saw a significant drop in it.
Due to the fact that the US Securities and Exchange Commission has recently given up its objection that Cardano currency is considered as a security, we have seen an increase in the flow of transactions in the network of this cryptocurrency, and also the creation of the lace wallet has fueled the increase in demand. During this drop, it was able to maintain its price above the level of 24 cents.
If the weekly and monthly candle can maintain itself above the price of 24 cents until the closing time, we can witness a good growth from it to the return range of 40 cents and its support to higher price points.
CARDANO - Keylevels - WeeklyCardano had some better days and managed to recover some important price zones, but overall, we still have a downward trend, macro speaking.
I am a buyer from areas 0.27, 0.28, 0.29
I have no intention of selling any time soon.
