ADA PADA - Riding the Wave!ENZOY this! STOPS below the hammer, though GETH READY FOR TEH RIDE! MY DOODLE SAYS ALOT
ADAUSDT.PS trade ideas
Need I say moreWithout even looking i know theres a wicked bear divergence on the daily RSI also
GET LOWWWW. Not financial advice haha
ADA - Bull Flag After Current ConsolidationCardanio (ADA) currently is forming a bullish flag pattern. Expect sideways price action during this consolidation before pushing to the upside to restest previous high resistance levels.
Cardano bullish scenarioMy analysis of the ADA/USDT chart highlights important price levels. The $1.26 mark presents an initial hurdle, acting as resistance. A break above this level could signal bullish momentum. Conversely, the $0.81 level has proven to be a strong support zone. I'm targeting $2.00 as an intermediate target and $3.10 as a longer-term objective, which could represent a new all-time high. This analysis is based on current chart patterns and does not guarantee future price movements. This is not financial advice. Trade at your own risk.
ADA at the Crossroads: Will $1.12 Spark a Bullish Surge?Cardano (ADA) is currently navigating a pivotal price range near $1.12, which serves as a significant intraday resistance level. The market is displaying signs of potential directional movement, with buyers and sellers poised to define the next critical phase.
A pullback toward $1.016, followed by a decisive bounce, or a direct bullish breakout of $1.12 could reaffirm bullish sentiment, setting the stage for a climb toward the next major resistance zone at $1.267. Such a move would signal renewed optimism among market participants, offering opportunities for upward momentum (Solid Green Projection).
Conversely, failure to break above $1.12 might hint at underlying weakness, increasing the probability of a descent toward the $1.016 support zone (Dashed Green Projection).
A breach below this level could signal the start of a more pronounced downward trend, with the next major support at $0.869 potentially coming into focus (Red Projection).
ADAUSDT: Bearish Trend (Triangle Pattern)ADAUST is moving in down trend and its forming Triangle Pattern on 1Day time frame with bearish divergence, So for the bearish trend confirmation we will wait for the break of the Pattern to take a short trade.
ADA Cardano Golden Pocket/POC/S4 confluence long setupADA Cardano Golden Pocket/POC/S4 confluence long setup. Nice confluence in this area for a 4:1 risk reward setup. It is the weekend so not much volume so it might take awhile. Here's my setup:
Open 1.02
SL 0.99
Target 1.15
Risk/reward 4:1
ADA updated structure and possible scenario (4h)as stated in the update to the last ada idea, BINANCE:ADAUSDT lost it's trendline support which invalidates the trendline as a support and possibly could flip as some resistance.
it fell bellow the VAH, almost touched the lower trendline (since 2018), with a little wiggle room, and pushed back up towards the 161.8 extension (higher time frame) at currently 1.15.
currently it resides in one of a higher volume zone in which it needs to push through towards the last resistance from which it bounced off of (the 161.8 fib extension (short)) at around 1.33.
drawn in (dotted arrow) shows my idea of the next scenario . ADA could push higher through the volume zone but find resistance at the previous 4h trendline but finds support at the 161.8 fib extension higher timeframe before aiming higher towards 1.50 and beyond.
ofc everything is changing daily but that's what I currently see. if it fails to push through the volume zone it could bounce from the trendline once more and consolidate a little before pushing up - maybe even forming a bull flag (ll + lh) until it hits the trendline.
Cardano (ADA) is back with growthAfter falling from the highs after the 2018 bull run, the price consolidated and triggered a gigantic bull run much before the other tokens in the market in Q1 2021. Interestingly, the token marked its peak in August 2021 above $3, followed by a huge bear market much before the market was triggered. Currently, the price is repeating the previous pattern and if the same outcome materializes, then the ADA price may rise close to a double-digit figure.
The monthly chart of Cardano suggests the token is revving a previous pattern. The price is stuck within a range after a notable rise, similar to what occurred in Q4 2020, which triggered over 1700% rise after a breakout. The supertrend has flipped to bullish again after January 2021 and RSI has also marched a rise to the overbought zone for the first time after the previous bull run. However, the dropped volume could be a matter of concern; if the ADA price managed to hold the support, then the token could validate a strong bull run.
This move may enable the third-generation token Cardano to achieve the $100B market capitalization, which could push the price close to $10.
ADA 4H. Good entry point. 12/12/24At the moment, the asset is in local accumulation, but it faced horizontal resistance (with sales at a certain level) and went into correction, where the formation of “symmetrical triangle” pattern is clearly traced.
I am considering opening a long position. Entry can be sought in the range of $1.0401 - $0.9042. The target is swing-high at $1.3264.
DYOR.
ADAUSDT Technical Analysis
What is happening with ADAUSDT?
A notable decrease in user participation on the Cardano network has been observed since the end of November. This is reflected in the drop in the number of active addresses and new addresses on the Cardano blockchain. Lower network activity can be interpreted as a lack of interest or use of the platform, which is a negative sign.
Decrease in Total Value Locked (TVL)
The TVL in Cardano has also shown a downward trend in recent weeks. TVL is the total value of assets locked in decentralized finance (DeFi) protocols on a blockchain. A decrease in TVL may indicate a loss of confidence in DeFi projects built on Cardano or a migration of capital to other platforms.
Investor Concerns
Some investors have expressed frustration and concern about ADA's performance, especially compared to other cryptocurrencies like Bitcoin. Some have even stated that they have achieved better results with other lower market capitalization cryptocurrencies. This dissatisfaction can generate selling pressure on ADA.
Unfavorable Comparisons
Some users have commented that ADA is underperforming compared to Bitcoin, raising doubts about its growth potential.
Analyzing, we can observe that the price is experiencing strong rejection at its current price, which will lead us to a price correction/decline. The asset had almost no upward volatility in this bullish market moment; therefore, any position that is sought should be short (or bearish).
ADAUSDT | The Blueprint for a Potential ReboundIn the current market structure, the blue boxes on the chart may serve as potential demand zones.
These areas are key levels where buying interest could emerge, providing support for ADA's price.
If the price revisits these zones, they could act as strong entry points for a potential bounce. However, it’s essential to monitor how price reacts upon reaching these levels and wait for confirmation signals to ensure the zones hold as valid support.
I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. It’s all about learning and growing together as traders, and I’m here to share what I see.
The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out!
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Cardano (ADA) is below $1 first time in weeksCardano (ADA) price is currently trading below $1 for the first time since November 26, reflecting its ongoing downtrend. The ADX has risen to 41.2, confirming the strength of this bearish trend, as ADA continues to face pressure with a D- at 33.2 and D+ at 6.2.
Cardano price is currently in a strong bearish trend, with its EMA lines aligning to confirm the downward momentum. The ADX reading supports this view, indicating that the trend is gaining strength. If the bearish movement persists, ADA could first test the nearest support level at $0.87.
Should this support fail, ADA may continue its descent toward more critical levels at $0.65 and $0.519, where further price action will be critical in determining whether the downtrend continues.
On the other hand, if ADA price manages to reverse the current bearish trend and regain positive momentum, it could challenge the resistance at $1.11.
If this resistance is overcome, ADA price might continue its ascent, potentially reaching higher levels at $1.24 and $1.32.
Cardano Primed for 2025 ATH: Don’t Miss Out!Cardano (ADA) has been performing well, but its price hasn’t seen a major jump yet. It’s currently trading within its previous range, showing signs of stability. Based on the chart, the $0.9799 level looks like an ideal zone for a swing trade entry. This area offers a good balance of risk and reward for those looking to capitalize on potential upward movement.
Looking ahead, I’m optimistic about Cardano’s long-term growth, especially as we move toward 2025. The ecosystem has strong fundamentals and continued development, which could drive it toward a new all-time high (ATH). For traders and investors, this makes current levels a promising opportunity to position for the future rally.
ADA | Up-Down-UpMy plan for Cardano is as follows: a pullback up, followed by a drop down to the Anchored VWAP to shake everybody out, and then a continuation of the uptrend.
right now just dcaing the dip from yesterdayright now just dcaing the dip from yesterday to average out price. I hope for a downwards wedge but could easily break out for the new year high again. But honestly if you're spot trader just hold until new all time highs hit bigger this time, hoping for January or Feb. and remember to take profits otherwise you will be diamond handing all the way down like 2021-2022 years. We must learn from mistakes. For the newbies here, once you made a 2x or 3x just withdraw your initial investment so you can almost become emotionally detached. Do not wanna see anyone complaining about losses in this space.
15 min long tradeIm bullish and I believe its gonna go higher, however first target may be the end of it and for higher targets trailing stop loss is a must.
Adding to the trade in lower layers is also an option and stop loss below the low.
good luck traders.
ADA does it Look Weak due to the HACK? xD ADA looks weak due to the long hack they got, Expect a buy trap spike, Eyeing for 1.0633 and follow the line of doodle. I dont like to blabber more when i see what i write and what it happens maybe
ADAUSDT Market Maker Buy ModelMarket maker buy model framework 12h. We'll see what happens tomorrow with the NFP volatility injection.
ADA/USDT 1H AnalysisADA/USDT 1H Analysis: Bullish Momentum in Play
On the 1-hour time frame, ADA has just broken out of a bullish pennant pattern, and the price is moving upward. However, there are key levels to monitor if you're holding a long position:
Black line: This level represents the Daily Point of Control (POC) and the Weekly Open, making it a critical area to watch for potential resistance.
Pink resistance zone: A significant resistance level where price action may slow or reverse.
If you're currently long, exercise caution as the price approaches these levels. Confirmation of a breakout beyond these zones could signal further upside potential.
Let me know your thoughts and feel free to share your feedback! 👍
Long on ADAUSDT Hi traders,
ADAUSDT cryptocurrency pair is currently undergoing a pullback. Expecting the trend to continue facing a downturn for a little longer, we presume the price will give as a reversal pattern such as reversal double bottom. We also expect the price to form the bullish divergence before the reversal begins.
The price is expected to rise after a while giving as the opportunity to buy once the reversal begins.
ADA Head & Shoulder bounce off pivot point to confluence targetsADA Head & Shoulder bounce off pivot point to confluence targets. We got the 4 hr green dot confirmed so momentum is to the up side. Nice head & shoulder pattern here and a breakout to the up side lines up perfectly with the measured move and R1/R2 levels.
Cardano ($ADA) Dips 8% After Foundation’s X Account HackCardano ( CRYPTOCAP:ADA ), one of the largest cryptocurrencies by market cap, faced significant turbulence after the Cardano Foundation’s X account (@Cardano_CF) was compromised on Sunday. This breach resulted in false promotions and market concerns, triggering an 8% drop in ADA’s price. Here’s a comprehensive analysis of the incident and the technical and fundamental outlook for the coin.
The Hack and Market Sentiment
The compromised X account propagated false information, including:
- Promotion of a fake token, ADAsol: Claimed as a partnership between Cardano and Solana.
- False claims of ADA withdrawal halts: Allegedly tied to SEC actions, further amplifying market fears.
The Cardano Foundation promptly addressed the issue, urging users to disregard any posts from the hacked account. Despite this, the damage to market sentiment was palpable, as fear and uncertainty gripped traders.
Broader Implications
This incident underscores the vulnerability of social media platforms to cyberattacks, even for established blockchain entities. It also raises critical questions about the need for enhanced cybersecurity in the crypto ecosystem.
However, amidst the chaos, optimism persists. Whale activity has shown signs of accumulation, suggesting that large investors still hold faith in ADA’s long-term prospects. Additionally, Cardano’s strong monthly performance—166% gains—indicates the potential for recovery.
Technical Analysis
At the time of writing, CRYPTOCAP:ADA trades at $1.115, reflecting a 6.79% drop intraday. The coin’s immediate range shows:
- Intraday low/high: $1.15–$1.22
- RSI (Relative Strength Index): 49, indicating weak momentum but a potential buy zone for opportunistic traders.
Market Outlook
While the hack triggered bearish sentiment, ADA’s price action aligns with broader market trends. Bulls will need to reclaim $1.22 to resume the upward trajectory seen earlier in Q4. Meanwhile, sellers may dominate if ADA fails to hold above the 38.2% Fib retracement level.
The Road Ahead
The X account hack could continue to weigh on ADA’s price in the short term. Negative sentiment might lead to increased selling pressure, especially if there are delays in restoring the compromised account.
Long-Term Prospects
Despite this setback, ADA’s bullish fundamentals remain intact:
- Whale Accumulation: Signals strong institutional confidence.
- Q4 Market Optimism: Renewed interest in cryptocurrencies positions ADA for potential gains.
Conclusion
The Cardano Foundation’s X account hack has undeniably shaken market confidence, resulting in an 8% dip in ADA’s price. However, with strong fundamentals and signs of whale accumulation, the coin still holds promise for recovery.
Traders should closely monitor technical levels and broader market trends to navigate this volatile period. For long-term holders, ADA remains a compelling investment, backed by its ecosystem and community support.
