🔴 $BITCOIN : Big Dump Ahead ? READ THE CAPTIONBy examining the Bitcoin chart in the daily time frame, we see that the price is forming a downward context after breaking the $26,900 and $26,540 areas! If the price stabilizes below $26,500, I expect a price dump! If the price falls, the initial target range will be $23,950 to $25,300 and the next target will be $20,000! The 20K area can be a possible Potential Reversal Zone ! (PRZ) Do you think it is possible that the price will reach $20,000 in the next 3 weeks ?
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.12.2023
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Cardano
ADA Also Looking BullishMomentum on the daily appears to be rolling to upside on many crypto assets and ADA is looking to be the same.
Price has filled in a large portion of a previous wick down in a long tedious down trend that appears to be forming a double bottom with bullish divergence on the daily momentum oscillator.
Current trading plan is a long entry with a wide stop loss of 4-5%.
First target will be 1/3 retrace of the last swing 14% higher at .278
Second target will be a 50% retrace of the last swing 25% higher at .3
A longer hold would be to the point of control on the volume profile 55% higher at .38
Cardano broke 0.25 support levelHi guys, let's look at the current situaition on Cardano.
Cardano broke 0.25 support level thanks to recent Bitcoin drop to 25k. Cardano is showing its weakness again and I don't expect that it will rise somewhat significant.
Considering some correction on Bitcoin it's epected that Cardano price will also rise a bit but not much. After drop on Bitcoin its price recovered and again trading above 26k but Cardano didn't manage to go back above 0.25 level. This shows weakness on Cardano and willingness to fall further at least up to 0.2 level.
Lets see how far Cardano can drop, write your thoughts in comments below.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
After compression phase then a big moveDaily Chart
Cardano is trading in huge range
Now, it's trading at 0.254x and moving to Apex Zone of Triangle Pattern
BINANCE:ADAUSDT is creating a bullish structure going up to resistance at 0.26
If Cardano can break this level, I expect it will bring at least 7% profit around 0.28
Wait for next move
ADA, does it have the juice to run away?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
The bullish variant here looks very nice, if ADA has the fuel to pump a bit.
ADA/USDT what next …? 👀 🚀 Cardano Today Analysis Paradisers, gear up for an exhilarating opportunity with #ADAUSDT which is currently holding a crucial support level and setting the stage for a bullish run👀
💎 Despite recent market volatility causing a significant drop in CRYPTOCAP:ADA price, breaking even its daily key support level, the asset has regained bullish momentum. Market indicators are also turning positive.
💎 Take note of the previous daily resistance level at 0.2517, which now serves as a resistance for #Cardano.
💎Should the price face rejection at this level, we anticipate a bullish scenario initiating from 0.2410. Alternatively, the price may revisit the weekly support level.
Keep your charts updated and Stay one step ahead of the market 🌟 🌴
Cardano touched 0.25 levelHi guys, let's look at the current situaition on Cardano.
My previous idea on Cardano realized for 100% and reached its target at 0.25 level. This downfall was expected as ADA didn't show any willingness to rise somehow and it was just matter of time when it drops. Now some correction is expected, probably even up to 0.3 level but at the moment it sems unlikely.
It all depends on Bitcoin right now and if it continues its fall then Cardano also will drop under 0.25 at least up to 0.2 level.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
CARDANO - Lower Timeframe Overview On the lower timeframe, we can see that we have 2 entry trendlines in place.
The orange trendline = Risk entry
The red trendline = Safe entry
Trade idea:
- watch for break of either trendline for entry
- once trendline broken, stop loss goes below price
- Targets: 0.38, 0.4, 0.46
Goodluck and as always, trade safe!
ADAUSD Analysis 3Sep2023This analysis sees from the market structure that occurs. After Choch the price returns to bearish and there is a fake out. At present the price has not returned bullish, still in the correction stage. There is a possibility that the price touches the fake out area before continuing bullish. Take long when the price approaches the fake out area.
Short-Term ProspectsAfter breaking out of the triangle pattern, Cardano rallied to the $0.28 range with the support of its buyers and temporarily broke the $0.27 resistance. However, the lack of stabilization of the high price within this area resulted in diminished demand, halting the continuation of the upward movement. This retracement led the price to revert back to the range channel, and it now approaches the bottom of this channel.
Taking into consideration the current Relative Strength Index (RSI) level, which stands at 37, we observe a moderate but not extreme level of downward momentum. This RSI reading adds a layer of context to the price movement.
Looking ahead in the short term, there is potential for price growth to reach the resistance range of $0.27 before retracing towards the support range at the channel's bottom, around $0.24. The subsequent phase of movement depends on the favorability of general market conditions. If these conditions remain conducive, we can anticipate an eventual exit from the range channel, potentially marking a period of short-term growth for Cardano.
Once the range channel is exited, the short-term price targets encompass $0.30, $0.32, and $0.35, assuming continued positive market conditions.
Cardano(ADA) Long Term Analysis Hello my friends, How are you doing?
It's a new day and I want to talk about Cardano to you.
Actually, I really like this asset. But at this price, it's so dangerous to buy.
I want to show you where is the best place to buy and Hold and what's the Final target.
As you understand it's a big scale about Cardano.
So don't forget to Like 👍, share with your friends 🤝, and then Follow ✌️ me to be able to see my next analysis.
Did you do that? So, let's go.
Here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Ladies and gentlemen, let me introduce Cardano and the best zone to buy 😍😍
I want to analyze Cardano in Weekly Time Frame.
Before that, I want to remember It's not financial advice. so, just see and think about it.
I'm just sharing my view and opinion of the chart. Please do your own research.
Everything changed when we lost 0.33 USD in Cardano 🤷🏻♂️🤷🏻♂️🤷🏻♂️
As seen on the chart The price is so close to the first Support zone in 15-17 Cent and I expect the price to react to this support. But it's not the End of the movement. I expect the price to go up and then drop again. because the main correction has not ended.
The Second zone is between 8-9 Cent and it's the best zone to buy and hold Cardan for a long time 🧞♂️
Everybody who buys in this zone will be rich. Because from 0.09 To 10 USD.
It would happen around April 2024.
There is too much distance and I want to tell you and huge profit is coming. I mean it's more than 10000%. Such a wow.
As I told you my final target for Cardano is 10 USD 😍😍
So, don’t miss this chance.
We will enter into the depression zone soon.
Please be patient and put your order carefully.
We will never see this price anymore.
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth 💶
I hope you will fulfill your ambitions.
Sincerely Yours
Ho3ein.mnD ❤️
Cardano (ADA) - Breaking support towards a major zone?Cardano is at the bottom of its range, on important support. In the same way as other current assets, such as the Binance Coin, losing this zone could send ADA back into a lower zone down to $0.14-$0.17. This would appear to be a very attractive area for accumulation.
ADA - Excellent Zone to Accumulate NOWHi Traders, Investors and Speculators of Charts📈📉
A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders.
However, this doesn't rule out the possibility of another shakeout or bear trap, where the price drops as low as 20c before starting a new bullish phase.
A look at the technical indictor confirms this for the short term, where we see a very bearish scenario on the daily in terms of Technical Indicator.
Worried about the recent drop in price across crypto markets🤔? Check out this idea :
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
CRYPTOCAP:ADA BINANCE:ADAUSDT BYBIT:ADAUSDT.P OKX:ADAUSDT.P COINBASE:ADAUSD BINANCE:ADAUSD
✏️ $BTC : Bitcoin will see 27K again ?By examining Bitcoin in the daily time frame, we see that finally, according to our initial expectation, the price started to fall and has corrected up to $29200! If the price stabilizes below the $29400 low swing , we can expect further fall to lower levels! If this drop continues, its next targets will be $28,500, $27,100 and $26,100 respectively!
Don't Forghet To Push The Boost (Like) Button and Follow Me for more !
Best Regards , Arman Shaban
Trend and Potential SwingsCardano exhibited a consistent overall trend last week, which suggests the possibility of this trend persisting. The price range of Cardano shows it has been moving between a resistance level of $0.27 and a support level of $0.24. The chart's dynamic resistance remains robust, with buyers unable to breach it. This increases the likelihood of a potential test of the lower boundary of the price channel.
In the context of the 4-hour timeframe, buyers have made few attempts to overcome the previous peak during the downward trend. As a result, price ranges below $0.25 are seen as areas where significant market participants are active, aiming to preserve liquidity. This makes it highly probable that the price will reach these levels.
A more specific support area, known as a reaction zone, is identified around the $0.234 mark. It is anticipated that Cardano could experience a positive upswing from this zone, potentially reaching the upper boundary of the range channel.
ADA SCALP SHORT SIGNAL Hello dear friends,
In the 15-minute time frame, Cardano has shown a potential setup for a suitable short position.
I am in a hurry to share this post since it is a scalp position, and there is no time for detailed explanations.
Wishing you success and profitability.
Be sure to consider risk management and capital preservation.
ADA: Strong Sun ☀️, Market Shift Ahead ⛅️☔ Bearish Signs Cardano's current market stance is under the influence of a strong sun ☀️, hinting at potential changes ahead. According to ATTMO, an AI-powered crypto weather forecasting tool, this solar presence could signal a forthcoming market correction.☔
Investors and traders are advised to keep a watchful eye on Cardano's movements as it navigates these uncertain skies.
Follow us for more reports!
ADAUSDTThis is a 1D frame analysis for ADAUSDT The price of Bitcoin has tested its static support band for some time and is currently above the support line. The candle has started to move upwards with a shadow a few days ago, and we can expect a price increase, but keep in mind that as long as the price is above the support line, we can expect a price increase. If the price can maintain itself above the support line, it can experience higher prices for a long time. But don't be fooled, it is possible for the price to go slightly higher and be pushed back by selling pressure and experience more volatility. We have mapped out support and resistance areas for you dear friends so that you can use them in different situations.