ADAUSDT
ADAUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Targets: 0.44 - 0.51 - 0.59
after first target reached move ur stop to breakeven
Stop: ~0.25 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3.5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
it's time to falling for ADAUSDT(SCALP)before buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: 0.341705
Target1: 0.340271
Target2: 0.339303
Target3(Final Target): 0.338515
Stoploss: 0.343204
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ADAUSDT Daily: 18/02/2023: Bull or Bear?!
Let's take a look at ADA.
As you can see, the price touched an important supply zone and had a bearish reaction, so our first scenario is bearish, and the price will fall from here.
Below monthly resistance I am bearish. It's possible that the price breaks the supply zone to collect the liquidity above an equal high and then fall.
If the price can break the monthly resistance and stay above that, we can follow the second scenario.
💡Wait for the update!
🗓️18/02/2023
🔎 DYOR
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ADAUSDT - What is up with Mr Hopkins Child?ADAUSDT
Things are looking good here.
Just launched the stablecoin Djed... the hype is still not over. The first week of February is a very exciting week with lots of legislative meetings in the US.
On the other hand, The price action of ADA is forming an inverted head and shoulder or possibly an ADAM and EVE pattern. But, with BTC looking to correct on Daily, I am leaning toward an inverted H&S pattern.
Based on my bias I am placing two trades (A small short and a big long). My trades are shown in the chart.
Let us see what happens. good luck to all of us choosing these trades.
#Not_A_Financial_Advice
ADA LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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
Cardano ADA. No desire to buy, but there is a chance for growthFor more than a year, the ADAUSDT price has been falling, without any hints of a possible rebound.
The ADA price fell to the liquidity zone, below which buyers did not allow to adjust during the rapid growth in 2020-2021.
In general, we believe that 2023 will be the starting point in changing the trend to grow. We described it in more detail here:
So, we can assume that the Cardano token price may grow at least a little in its value.
The first resistance from above and the first target for growth is $0.40-0.42
The second target for growth is around $0.80 . It can be reached by the end of spring 2023.
But of course, there is always someone who can put a fly in the ointment and spoil the whole "pleasure"
If the sellers manage to fix the ADAUSD price below $0.23 , then few people will be able to prevent the price of ADA from falling by half again, to the region of $0.12
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Analyzing ADA: Oversold with Potential for a ReboundHello everyone, let's take a closer look at ADA, one of the popular cryptocurrencies out there! We have some exciting technical indicators to discuss, so let's dive right in.
First off, ADA's current price is 0.3544, and we're examining it in a 4-hour timeframe. The Relative Strength Index (RSI) for ADA is 36, which means that it's getting close to being oversold. This might suggest that ADA is currently undervalued and that there could be a buying opportunity on the horizon.
Now, let's talk about Fibonacci retracement levels. These levels are great for identifying potential areas of support and resistance. The 0 Fibonacci level for ADA is 0.3512, while the 1 Fibonacci level is at 0.4184. This means that if ADA continues to trend downwards, it might find support at the 0 Fibonacci level, while if it moves upwards, it might encounter resistance at the 1 Fibonacci level.
The next technical indicator we have to discuss is Bollinger Bands. These are excellent ways to determine potential areas of support and resistance. On the 4-hour timeframe, the upper Bollinger band for ADA is 0.3703, while the lower Bollinger band is 0.3626. Currently, ADA is trading close to its lower Bollinger band, which might suggest that the asset is oversold. This could indicate a potential buying opportunity for traders.
The Volume Oscillator for ADA is currently at -13%, which means that the current trading volume is lower than the average volume over the past few periods. This might suggest that there's not much interest in ADA at its current price point.
Moving on to the Moving Average Convergence Divergence (MACD). This is a momentum indicator that helps us determine the trend of an asset. Currently, the MACD for ADA is bearish, sitting at -0.0045. This could mean that ADA may continue to trend downward in the near future.
Finally, we have the Stochastic Oscillator. This is another momentum indicator that helps us determine potential buying and selling opportunities. In the case of ADA, the Stochastic Oscillator is at 13, which is a relatively low reading. This might suggest that ADA is oversold and could potentially see a bounce in price soon.
It appears that the price of ADA is bearish in the short term. The MACD reading for ADA is currently negative, indicating bearish momentum. Additionally, the Stochastic Oscillator reading is relatively low, suggesting that ADA is oversold and potentially due for a rebound. However, these indicators alone cannot predict with certainty the future direction of the price of ADA.
Overall, based on these technical indicators, ADA appears to be oversold and potentially undervalued at its current price point. Traders looking for a buying opportunity might consider entering the market if ADA continues to trend downwards towards its 0 Fibonacci level. However, it's important to always do your own research before making any trading decisions. Remember, trading always involves risk, and it's crucial to manage your risk appropriately.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
ADA's bullish tripHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are going to buy ADA from the key reversal area. I expect at least 2.5% from the key reversal area, and we will take all the profit after the +5.45% move.
ADA Buy limit 0.3598
Stoploss 0.3532(-1.81%)
Target 1, 0.3691(+2.56%)
Final Target 0.3794(+5.45%)
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ArmanShabanTrading |🔴 Cardano : New Update : Bull or Bear ?As you can see, #Cardano entered the FVG range yesterday and reacted positively , but I still expect further price correction, the first support range is 0.3450 to 0.3670! The important supply zone is 0.42 to 0.44 !
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 02.23.2023
⚠️(DYOR)
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Cardano - BTC Dominance Drops: ALTS RALLYHi Traders, Investors and Speculators of the Chart📈📉
Cardano looks like it's gearing up for a big move; currently consolidating under the resistance zone just like back in 2021 (which is bullish ). Apart from this Fractal that played out two years ago over the same period; I'm expecting altcoins to shine as BTC takes a breather. We can see that BTC dominance is dropping, meaning alts will have a chance to rally:
Here's an update on Ethereum, also looking bullish :
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Cardano's short-term uptrend line brokeThe selling pressure created in the market caused Cardano's short-term uptrend line to be broken in the first stage, and this support was also broken in the second stage when the price reached the bottom of the channel. Cardano's price is in the range of $0.365 and moving towards lower support levels in the range of $0.340-0.350 and the range of $0.317-0.330.
Support is considered in the $0.300-$0.308 area. So this week, you can keep an eye on the first support and the $0.300 range support.
Midnight: A new privacy and data protection protocol on CardanoProtecting personal data has long been debated in the crypto community. The Midnight protocol, powered by Cardano, will create new conditions for online interaction. It can grant access to regulators while maintaining user privacy.
Midnight: A new privacy and data protection protocol on Cardano
With the advent of Web2, it became possible to create social networks where people can freely communicate and share information. But these platforms are owned by centralized companies, which can expose users to restrictions or surveillance, and confidential information and personal data can be "leaked" to the network. Web3 can create an environment without censorship or control over user data. But the implementation of decentralized projects either reveals too much information about users or leads to an overly closed system.
Here's the dilemma: by making payments on the Internet using cryptocurrencies, users can thus remain anonymous by not providing their personal data to third parties. On the other hand, the more anonymous the digital process is, the more negatively the regulatory authorities treat it due to lack of control. And to solve this dilemma, IOG is set to launch a new platform called Midnight.
Midnight is a blockchain that helps protect personal and commercially sensitive data. Such a solution will be fundamentally new in online interaction: users can decide what information they want to disclose.
Midnight will operate as a sidechain on the Cardano blockchain and inherit its security and decentralization.This will significantly expand the usefulness of Cardano, as it will be possible to create an extensive network with secure data.
The platform will enable commercial companies to exchange critical information directly with each other. For example, they can transfer financial data without fear of leaks or disclosing confidential information. And private users will be able to safely share their personal data on the Internet and not be afraid that they will be misused.
Midnight will make it easier for developers to create smart contracts than ever before. In this case, you can use various popular programming languages, starting with Typescript.
Charles Hoskinson, the founder of Cardano, explained the paradox of having a privacy law and a disclosure law at the same time:
"Every time you engage in a regulated business, there’s a privacy requirement because a regulated business requires you to give away some personally identifiable information and there’s a privacy law on the other side that says you have to keep it secret. The problem is, if you try to do that in a blockchain setting, your private information becomes public to everybody."
Midnight solves this problem with several new features. An important component will be private smart contracts to help ensure regulatory compliance. Another feature would be that blockchain relies on zero-knowledge proof. It is a form of encryption and transaction verification that allows one party to prove to another that they know something without revealing the information itself.
To put it very simply, it can be explained as follows:
Imagine a cave where there is one entrance, which is divided into two paths: A and B. These two paths are connected by a closed door with a code phrase. Bob wants to check if Alice knows the code for the door. But Alice wants to keep the code from Bob.
To do this, they make a check: Bob is standing outside the cave, and Alice goes inside and takes one of two paths, and Bob needs to know which one. Next, Bob asks Alice to come back using one of the paths chosen at random. If Alice took path A, and Bob asked to exit using path B, then Alice must open the door using the passphrase. This way, she will prove that she knows it without revealing the phrase itself.
Simply put, a platform can provide access to regulators while maintaining user privacy.
Midnight is currently in development. It is worth noting that the new blockchain will have its own DUST security token, and with the help of anonymous smart contracts, the level of privacy will be transferred to the user's hands. And according to Charles Hoskinson, Midnight will replace existing confidential coins, such as Zcash and Monero.
In conclusion, Midnight is vital to Cardano's global goal of creating secure blockchain technologies. This protocol aims to solve one of the main problems in the crypto community that worries many users. This again proves that the developers remain true to their philosophy and values: making a product for people while preserving their rights and freedoms.
"Midnight – designed for developers, built for humanity."
ADA/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the ADA chart on a single day interval. At the beginning, we can mark with a yellow line, the downtrend line, which the price has overcome and is currently staying above it.
Let's start by marking the support places for the price and we see that first we have a support zone from $0.38 to $0.35, but if the price goes lower, we have another zone from $0.33 to $0.31, and then we have a very strong support zone from $0.28 to $0.24.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that we have the first resistance at $0.41, then we have a strong resistance zone from $0.46 to $0.52, when we manage to break it, the next resistance will appear at $0.59.
The CHOP index indicates that there is still a lot of energy to continue the move, MACD indicates the entry into a downward trend, while the RSI shows a rebound, but it still remains in the upper part, which may indicate a larger rebound.