ADAUSDT.PS trade ideas
ADA/USD secondary trend. Wedge. Mirror level.Local trading situation. A wedge is being formed. The price is at its resistance. Local targets in case of a breakout, as well as in case of further formation of a wedge in the zone of previous accumulation (redistribution is more correct).
It is also worth noting that the price is also near the accumulation - redistribution range (the average price of the set is highlighted in green).
This redistribution zone is accumulation on a larger scale of the chart
Main trend. 1 month
ADA/USD Main trend
ADA/USD Main trendThe main trend (to understand where the price is and what is the general trend). Logarithm. Timeframe 1 month. Price in a secondary downtrend is approaching a mirror support level (marked in yellow, former resistance).
Against the dollar on the monthly timeframe, there is now a large bowl with a handle, which I have displayed on this chart.
Pump/dump news.
Cardano's developers have activated the Vasil hard fork on the testnet. The Vasil hard fork was successfully completed on the Cardano testnet.
Vasil will enable faster block generation and increase the scalability of decentralized applications (DApps) powered by Cardano.
Vasil is expected to launch on the mainnet in about a month.
In other words, if the market allows, then in about 1 month a local pumping (trend reversal) is planned, if the market is sluggish, then Vasil will be canceled for some far-fetched reasons or the event will not be widely advertised.
Remember when the US congressional elections.
The same parameters on the line graph.
Secondary trend. Downlink zone. Timeframe 3 days.
ADA/USD Secondary trend.
Local trading situation Timeframe 1 days.
ADA/USD Local trading situation
ADA /USD Main trend. 07 2024Logarithm. Linear chart to remove market noise. Main trend to understand the zone for work.
The asset is at a huge percentage of pumping from the last cycle, but the decline occurred from the peak at -91% and there was re-accumulation. Locally, a descending wedge is formed.
Secondary trend for work.
ADA/USD secondary trend. Wedge. Mirror level.
ADA BUY LIMIT Hi dear traders
The price has reached the resistance area of 0.42$ ,if it holds the support area of 0.425$,we can open long position with suitable R/R.
Let's see what happens
This is not financial advice ( DYOR )
Good luck 👍
ADA 60% Price Increase On The Horizon#Cardano has had lazy price action compared to other layer 1s.
Right now it's still struggling to stay above key support. Once we can trade above the support and maintain it, my target will be the top of the range 60% away.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
ADAUSDT - In Bullish Trend (ABCD Bearish Harmonic Reversal)ADAUSDT can be seen in a bullish trend. Also an ABCD bearish harmonic reversal has been plotted to determine the possible range of the bull run till it reached PRZ. A pending order of buy stop is placed with expectation of hitting TP1 and TP2 (green horizontal lines).
The Signal is:
EP: 0.4303
SL: 0.4111
TP1: 0.4495
TP2: 0.4687
RR: 1%
Lots: 47.19
Ada to 1.5-2.31.5-1.6 range is a crucial resistance zone in a weekly timeframe. In overall 2.3 is a max take profit zone I am comfortable with. If you wondering why I am considering long position on BINANCE:ADAUSDT check my latest idea on $BINANCE:ADAUSDT.
This is lovely to see As I mentioned earlier BINANCE:ADAUSDT showed a great impulse and is waiting for an opportunity to enter a long-term Long position either Spot or Futures. I think the time has come and the signs are obvious.
1. Break of Structure ( made higher high ) in a daily timeframe
2. MACD divergence.
3. Volume is decent and looking good.
4. In early March made a higher high in a weekly timeframe ( BOS )
If you don't know where to take profits I suggest you look up my last idea on BINANCE:ADAUSDT
#LQR #TOBTC #ADA_Road_Map in 4Hthis pattern play as a road map in 4H time frame
these minor support are good area for re-test and important reisstance on way is around 1.27 and 1.618 ( red lines)
for now Spot Area zone are good place for long term invest
watch out for those levels in next 2 weeks
ADA Buy Trade Idea: Leveraging Cardano's Strong FundamentalsDescription
Cardano (ADA) offers a strategic buy opportunity, driven by its robust fundamental strengths. Cardano is a third-generation blockchain platform that emphasizes security, scalability, and sustainability. Utilizing a unique proof-of-stake consensus mechanism known as Ouroboros, Cardano provides energy-efficient and highly secure transaction processing. The platform's multi-layer architecture separates the ledger of account values from the reason why values are moved, enhancing flexibility and security. Cardano's commitment to rigorous academic research and peer-reviewed development ensures a solid foundation for innovative applications, particularly in the realms of decentralized finance (DeFi) and smart contracts. These attributes highlight ADA's potential for growth and long-term value.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Cardano ShortProbable entry for Cardano, let's see if it breaks the creek, after that we should wait for a successful test of the creek before entering short
Cardano (ADA): Keep An Eye On 100 EMACardano is next on our watchlist, where the price has made a nice bullish movement, and afterwards we have been stopped below 100EMA, seeing struggles to break this zone there.
We are now looking for a possible rejection to happen, which would result in a movement to lower zones here, but if we manage to break EMAs, we will be looking at a completely different movement on Cardano!
Swallow Team
ADA FINAL TECHNICAL ANALYSIS [ SWEET ZONE FOR BUY ]What a huge dump from the Market but we are going to look the over all move of Market in Macro view we are in the bottom point of wave 2 and the beginning point of wave 3 which is a high probability of rally we are expecting a 7 dollar price hit in year 2025
ADAUSDT is Bullish Price has given a good breakout, after the appearance of bullish RSI divergence on daily time frame. First higher high is printed successfully, and once the price defines a higher ow, it will move upwards as per Dow theory. Targets are mentioned on the chart.
Cardano will Go Up AgainBINANCE:ADAUSDT
Finally ADA breaked the Falling Wedge It means Price Can rise up well.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADAUSDTADAUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
adausdtThe price has made a comeback in the weekly time after reacting to a good climax
It broke the ceiling of the last bearish log and formed a positive trend.
Now it is in a good position in the return and correction of the price and can touch its previous ceiling.
ADAUSDT SellADA bearish configuration, Risk reward 1:4 , We see consolidation between 0.425 - 0.452 . Now everything depends on bitcoin. Good luck!
ADAUSDT BUY! CARDANO BUY Recently Cardano has shown a Bullish upside momentum, now its doing a retracement towards a daily demand zone and it presents a good Buying area
Wait for proper retracement, ideal entry will be upside then a little pull back on small time frames
Why ADA MUST Smash The 0.46 Resistance
ADA consolidates in the pocket right below the crucial resistance of $0.46. If Cardano bulls want to go full steam, breaking through this level is essential. Otherwise, the risk of another dip toward the "below 40 level" increases.
Read all details 👇
1️⃣ Chart Analysis
The 0.46 level has been a significant support and resistance level in Cardona's history. In April, ADA dived below this level for the first time since 2023. Afterward, ADA made several attempts to cross back above but was always rejected.
After its dip to 0.35, ADA started another attempt, which was rejected again. Currently, the token consolidates right below this level.
Breaking through the resistance would open the path towards 0.59-0.6, where the next stronger resistance lies.
2️⃣ Technical Indicators
On the daily chart, ADA shows some overbought momentum indicators resulting from the latest price increase. Therefore, the consolidation might be healthy to have momentum indicators return to neutral zones before a breakout starts.
3️⃣ Trade Signals
In one word: Indecisive.
A couple of weeks ago, ADA printed a bearish EMA crossover signal on the weekly chart. Signals on higher timeframes are usually very reliable. As a result, ADA dipped almost 20% right after. However, ADA flashed precisely the same signal on the daily chart just today! This further seconds the scenario of an outbreak to the top.
➡️ What's Next?
Based on the overall bullish momentum, I expect a short period of consolidation (similar to what we discussed about Bitcoin). Afterward, ADA should tackle and break the resistance.
Ada multi year breakoutAda forming a massive multi year bullish pennant and it's breakout will be imminent..
First flagpole Target was 3.1
Initial Target - 3.1
Second flagpole , it will be between 5-15$
