ADA --Is the Head and Shoulders Pattern Activating?ADA ( CARDANO) Potential for a 20% Drop !
We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price.
Key Factors to Consider:
Confirmation of Pattern: The pattern should be confirmed with a break below the neckline and increased volume.
Target Price: The target price for the pattern is calculated by measuring the distance from the head to the neckline and projecting that distance below the neckline.
Risk Management: It is important to use proper risk management techniques when trading this pattern, such as stop-loss orders.
Please note that this is not financial advice and you should always do your own research before making any trading decisions.
ADABTC
ADA - Daily more fallFollowing its robust bullish rally, ADA has been ascending within a channel.
However, the recent loss of crucial support zone could signal a potential decline, taking it to at least the lower boundary of the channel.
Traders may want to keep an eye on this level for possible support and a rebound or a further break indicating continued downside.
ADA - Breakout from the Triangle BINANCE:ADAUSDT (4H CHART) Technical Analysis Update
ADA is currently trading at $0.5251 and showing overall bullish sentiment.
ADA just broke out from descending triangle and showing overall bullish sentiment.
If this trend continues, we can expect ADA to new highs soon.
Entry level: $0.4980 - 0.5258
Stop loss level $0.4175
Target 1: $ 0.6160
Target 2: $ 0.7738
Target 3: $ 0.9873
Target 4: $1.202
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
ADA is poised for an upswingHello traders!
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(ADAUSDT 1M chart)
The upward trend began when the MS-Signal indicator rose above.
Additionally, since the MS-Signal indicator has switched to a bullish sign, it is expected to continue its upward trend if the price holds above 0.236 (0.6024).
(1W chart)
If the upward trend continues,
1st: 0.9250
2nd: 1.3678
3rd: 1.9655
It is expected to rise to around the 1st to 3rd levels above.
We need to check whether the price can be maintained above the top of the box of the HA-High indicator.
(1D chart)
The (1) section is the psychological volume profile section.
Accordingly, the key is whether the (1) section can be broken upward.
To do that, we need to make sure the price stays above 0.6984.
If it falls below 0.6984 and shows resistance, there is a possibility that it will turn into a short-term downtrend.
The important point to continue the upward trend is around 0.236 (0.6024).
Looking at the Renko chart, it shows that an upward trend is about to begin.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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ADA has formed a bullish patternADA has formed a bullish pattern
🔵Entry Zone 0.7201 - 0.7399
🔴SL 0.6703
🟢TP1 0.8054
🟢TP2 0.8996
🟢TP3 0.9632
Risk Warning
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#ADA/USDT#ADA
The price is moving in a descending channel on a 4-hour frame
We now have a successful penetration of that channel upward
We have oversold conditions on the MACD indicator
We also have a higher stability moving average of 100
Entry price is 0.5230
First target 0.5443
Second target 0.5852
Third goal 0.6391
Cardano (ADA) completed a setup for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of Cardano (ADA) coin with US Dollar pair.
Previously we caught almost 183% pump of ADA as below:
Now on a 4-hr time frame, ADA has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ADA/BTC - Cardano: Super Trend◳◱ On the $ADA/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00001211 | 0.00001262 | 0.00001344 and support near 0.00001129 | 0.00001098 | 0.00001016. Entering trades at 0.00001179 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Cardano
▣ Rank: 9
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Kraken
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Cardano is an open-source, smart-contract platform that aims to provide multiple features through layered design. Its modularization will eventually allow for network delegation, sidechains, and light client data structures. Cardano uses a version of Proof-of-Stake (PoS) called Ouroboros to secure the network and manage the block production process. The network features a native token called ADA that gives stakers a claim on new issuance in proportion to their holdings and allows users to pay for transactions.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001179 ₿
▣ 24HVol: 136.168 ₿
▣ 24H Chng: 5.93%
▣ 7-Days Chng: 3.87%
▣ 1-Month Chng: 2.89%
▣ 3-Months Chng: 36.53%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001211 | 0.00001262 | 0.00001344
◢ Support: 0.00001129 | 0.00001098 | 0.00001016
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.00
▣ Last 90D: 1.75
▣ Last 1-Y: 0.60
▣ Last 3-Y: 0.36
◲◰ Volatility :
▣ Last 30D: 0.74
▣ Last 90D: 0.88
▣ Last 1-Y: 0.69
▣ Last 3-Y: 0.96
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.96 - V. Bullish
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.73 - Bullish
▣ In-depth ADABTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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ADA/BTC - CARDANO BREAK OUT WINDOW IS HERE CARDANO - CRYPTOCAP:ADA / BTC
On Nov 1st I advised the following:
✅ A breakout in the window between 20th Nov - 29th Jan (could be shortened to the 8th Jan now).
✅ Bull trend confirmation = break above 50 SMA
✅Great risk/reward with stop under diagonal support
Folks this could be the beginning of a long running upward move.
A close above the 200 DSMA is confirmed and we are on the verge of a close above the 50 week SMA with this large 20% + move that ADA made today.
If you were following me here or on TradingView you would have a position in place already that is in profit and with a tight stop under strong support protecting you against the downside. Early November I provided this chart and outlook because a window of opportunity was close.
As a long term patient play ADA is still very much an option for new entries. Pull backs to the 200 DSMA or green zone are the most ideal entries, however as we are entering into the "breakout window" and we appear to be breaking out. If you do enter, always, always, always decide on and have a defined stop/get out level and stick too it. Write it down on the chart or a notepad. Stick to it. Protect yourself.
For those in the trade since we shared, we are 40%+ in profit thanks to a little patience and good timing, and this is only the beginning of this trade. Don't let idle hands make you trigger happy, the trend might be upon us, don't pull the rug on your position as things are only starting to trend.
PUKA
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
ADABTCThere is a historical support area below and the price has not touched it yet, so I think it will touch it to take a beat from it and start the rise of a new motive. At that time, all the data has been explained on the chart.
Note: I am only sharing my point of view and what I see, and it may be wrong or right, so make your own analysis
Good luck
ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis:- ADA bulls woke up this week with an impressive 28% price increase. This spectacular performance obliterated the resistance at 46 cents, and now buyers are looking at much higher levels.
The most important resistance on the chart right now is found at 60 cents. Sellers may attempt to stop this rally around 50 cents, but that is unlikely to last, considering market sentiment.
ADA manages to maintain this momentum, and then going to 60 cents becomes likely.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Cardano ADA/BTC Trade Opportunity ADA/BTC
Keeping it simple
▫️ 4th time ever weekly RSI was this over sold
▫️ 116 week High to Low completing 20th Nov
▫️ Breakout window 20th Nov 2023 - 29th Jan 2024
▫️ Bull trend confirmation = break above 50 week SMA
▫️ Great risk/reward here, stop under diagonal support
And then PATIENCE
Above 0.3808, full-fledged upward trend beginsHello traders!
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Please also click “Boost”.
Have a good day.
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(ADAUSDT chart)
The chart showing the same movement as the current ADA is ambiguous.
The reason is that if you look at the 1D chart or 1W chart, they are showing an upward trend no matter what anyone says.
So, you would expect it to be on the rise, but looking at the 1M chart you can see that's not the case.
(1W chart)
If you look closely at the chart, you can see that it is not in an upward trend, but is just trying to break out of the bottom.
Therefore, it can be said that the upward trend is likely to begin only when the price rises above 0.3808 and is maintained.
(1D chart)
Looking at the 1D chart in a narrow range, it seems that it is showing a tremendous upward trend.
Therefore, looking at the current movement, it may seem that the price is about to turn to the downside.
Therefore, even if it rises above 0.3824 and shows support, you are too scared to buy it and just look at it.
As you can see from the 1M chart and 1W chart, these charts are just showing signs of breaking out of the bottom section.
Therefore, it is time to buy when it rises above 0.3808 and shows support.
If you wait for fear that the price will fall further when it is at the bottom, and wait for the price to start falling when it rises to a critical point, you will inevitably end up buying at a bad purchase price.
Therefore, you need to make aggressive purchases with an investment proportion that does not cause psychological damage, watch and respond.
In a rising market, you should look for an opportunity to buy when the 1D chart is a falling candle, and in a falling market, you should look for an opportunity to sell when the 1D chart is a rising candle.
Therefore, in a rising market, you should buy when there is a pull back pattern, and in a falling market, you should buy through a breakout trade.
Based on these basic trading strategies, you must create a trading strategy that suits you and start trading.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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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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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
Below 0.2441 : Entering the bottom sectionHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(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.
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
Cardano (ADA) long before the breakIf ADA retrace to 0.275 (FIB-level 0.38) - I think it's in a good position for a spot trade.
I predict the ADA-bottom is in and we can aspect some big fast move as soon as ADA break the trend-line.
ADA have been tanking for years now and I believe that there are a lot of hungry bulls that will show up to find an entry for a long time hold.
I don't think we will get any good opportunities to buy the retest after a potential trend break.
So my idea here is to front run the potential big move :)
ADA/BTC Potential Harmonic PatternADA/BTC Potential Harmonic Pattern, but keep an eye on the trendline Resistance.
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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 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ADA update from Crypto Sanders.
Chart Analysis, Cardano finally managed to move above 25 cents, and the price has been rallying ever since confirming this level as support. This allowed the price to close the week with a 5% increase.
The next resistance on the chart is found at 28 cents. If this momentum is maintained, ADA could reach this later next week. This is a welcomed change in the price action since Cardano has been stuck in a downtrend for the past three months.
ADA has a good opportunity to capitalize on these recent gains and push higher, provided the overall market does not turn bearish.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) was a notable gainer, with the cryptocurrency climbing away from a floor of its own.
ADA/USD rose to a high of 0.2628 earlier in the day, which comes after a low of 0.255 the day prior.
Today’s move saw Cardano move away from its recent support point at 0.250, just as the RSI bounced from a floor of its own.
After colliding with a floor at the 55.00 mark, price strength has gone on to reach a high peak at 58.82.
The next visible ceiling looks to be at the 65.00 zone, and in the event bulls manage to reach this point, ADA will likely rise above 0.270.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Cardano ADA/BTC - Patience Required ADA/BTC Weekly Chart #ADA
A chart worth keeping an eye on #CardanoADA
- RSI Oversold for 2nd time ever
- Break out of bearish channel (Pending)
- Break above 50 SMA with turn up (Pending)
- Zones are rough guides.
- 115 weeks is a time guide as this was the last timeframe from
top to the bottom before bull market started. We are only at week 83.
You could nibble here. ill be waiting & watching for the break of the channel and the 50 SMA.
PUKA