Cardano 4H Update | All Scenarios (Keeping It Simple)Things are not looking good short-term.
We can start right away by seeing ADAUSD below EMA10, aiming at our main support.
Yet, we are good on this chart as long as we stay above the 18-June low (same as Bitcoin) of 0.04210.
Red arrow .
Now, if this support level breaks, we are still bullish on Cardano (ADAUSD) above the last "critical support".
This next support level is set at 0.03884 and came in 12-May.
The same day the rest of the Altcoins market printed its low point.
Here is the chart:
It needs more time...
Traders are being hunted and that's why... See the details/explained below:
Namaste.
Adausd
✅TS ❕ ADAUSD: narrowing at the support✅✅ADA is narrowing at the support level, which may mean rapid growth. ✅
🚀 BUY scenario: long to the area of the resistance level.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ADA's Situation Right now!ADA is in a Big Descending Triangle Which Means the Price Might become Even more Bearish! There is no Break out yet But It might Happen Pretty Soon! This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below. So there are two scenarios Right now Which are that a Bearish Movement Will Happen and The price will reach 0.3200$ or that a Bullish Movement Will Happen and The Price would Head Back to 0.75$ (a Pretty Strong Resistance right now!) We shall wait to see what Break out Will Happen and after that the Trend will be Determined!
-ADA is in a Big Descending Triangle
-The break out for Trend Determination Has not Happened!
-Support at 0.32$ and Resistance 0.75$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
ADAUSD ❕ The price is oversold, but there is no supportCardano is moving in a downward channel.
Trading volumes show interest in falling prices.
The 100MA has broken down the 200MA on the 1H Timeframe.
I expect the price to test the lower boundary of the liquidity zone, but after fixing under it will continue to decline.
ADAUSDT 1D Conditions and price zones to buy CardanoThe cryptocurrency market is at a crossroads. While some are tired of the fall of cryptocurrencies, and FUD only adds fuel to the fire in order to sell off their assets and forget about the crypto, others regularly bribe different crypto at levels.
Today, we created an idea with a fractal of the possible behavior of the BTCUSDT price in 2022.
And as we know, in 90+% of cases, the entire crypto market is oriented precisely on this trading pair, where to move next.
- If the price of ADAUSDT trades above $0.43 in the near future, the consolidation may last all summer. However, already in the fall, growth may begin to the area of a strong mirror level - $1
- Fixing the ADAUSD price below $0.43 will pave the way for a further drop of at least -30% to the $0.28-0.31 area
Therefore, you should carefully monitor the market and trading conditions before entering a position.
Globally, the Cardano token still looks and behaves quite well compared to other altcoins. At the moment, the ADA price is above the global consolidation of $0.03-0.30, where during 2018-2020 buyers accumulated long positions before solid growth in 2021
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
✅TS ❕ ADAUSD: reached the support✅✅ADA has again reached the support level from which it had previously bounced up. Now the price can make a false breakdown, after which growth can be expected.✅
🚀 BUY scenario: long to 0.52.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Cardano Update on The 4H Timeframe (Questions & Answers)You asked me to share an update for Cardano (ADAUSD) and here it is...
Questions:
What do you see coming?
What happens next?
Are we still bullish?
Answers:
We are still within the same range/setup/bias as before.
We are strongly bullish above the 18-June low regardless of what happens short-term.
We see a bullish wave coming but patience is key.
Any additional questions share in the comments below.
We should see things pick up by the end of the week...
That's when we grow.
First half of the week shaky, second half gets better.
Namaste.
Cardano's Desending Wedge Setup, will it shrug off macro woes?Will the major Altcoins particularly ADA, LINK and UNI breakout of their descending wedge setups. Is this prominent technical setup, the signal for a breakout to the upside?
Or will continuing macro woes, make the TA analysis null and void. Equity Markets might be seeing a bear market bounce, this could relieve downward pressure on risk assets? Allowing the potential for a significant bounce in the major cryptocurrencies.
A potential bounce could see a 50-100% upside for major Altcoins that are down over >75% from all time highs. With Bitcoin and Equity index spurred by the strong support at the 200 daily moving average.
Time to wait and see.
Chainlink's Desending Wedge Setup, will it shrug off macro woes?Will the major altcoins (ADA, LINK, UNI ) descending wedge setups, be the signal for a breakout to the upside?
Or will continuing macro woes make the TA analysis null and void.
Potential bounce might be coming over the next two weeks in equity markets. Spurred by the strong support at the 200 daily moving average.
Time to wait and see.
Cardano forming a symetric triangle to overview now!!!Cardano price forming a symmetric triangle in 3 Daily timeframe and it's in this clearly consolidation that could to up to $0.61 cents again to watch this smart price to sell this cryptocurrency, and also entry in the smart point to sell and following the trend always.
So, I will closed up my short now because crypto could to up a little ,but it's not to the moon and always following the trend it's a key to learn very good.
In Daily timeframe, we formed a demand zone over here around $0.47 cents and price continue climb to see now a possible chartist pattern in formation.
So guys, I have this perspective shorting ADA in 3 Daily timeframe. I expect that the price climb to $0.61 cents approx. and then wait to entry in short position in that zone to sell Cardan toward my new point $0.20 cents. This it's a crash of almost 70%
I hope that this idea support you
ADA breaks above $0.500, gaining 4.29 percent.The Cardano price analysis is displaying bullish progress today. After yesterday’s sluggish bullish price movement, bulls got some momentum today as the price break-out was upwards, and bulls uplifted the price significantly to $0.519 in a swift move. Overall market sentiment is in favor of ADA/USD today, and a further increase in price is also expected if the buyers remain persistent.
Overall the broader cryptocurrency market started to recover just four hours back after correcting at the start of today’s trading session, including Bitcoin and Ethereum, and most top altcoins observed a positive market sentiment in the last 24 hours and reported gains, with SAND and Apecoin topping the charts, with 11 percent and 13 percent gains respectfully.
Ada usdt 4h chartAda reached the strong resistant zone at 0.55 dollar ( there is a static resistant level also longterm desceniding trendline and 200 ema)
2 different scenarios showed by red and green arrows
If ada could break the 0.55 resistant zone ,it will reach to 0.65 dollar but if 0.55 dollar level is held ,it will decrease to 0.45 dollar
ADAUSDT: Wait For Buys 🎯No one should be buying here, the very obvious slow down in price is a lure to attract buyers.
We still need to complete the compression and tap the weekly demand zone before we can consider buys.
If you want to get caught in this stop hunt, buy here.
If you want to join buys with the whales, wait for a liquidity grab THEN consider a buy.
The second approach is much more logical but can your emotions deal with patience?
Let me know what you think in the comment section 💬
Cardano Long-Term (385% Potential Mid-Term Target & More)Let's review together the long-term chart for Cardano (ADAUSD) on Coinbase.
It is the same ADAUSD on all exchanges and valid as well for the stable coins, USDT, USDC, etc.
Cardano (ADAUSD) Weekly Chart Analysis
@alansantana
We can clearly notice the bear market that started right after the August 2021 price peak.
It is a long/strong bear market.
How do we know if the bottom is in?
Or better yet, how do we know that we will have a bullish wave/relief rally?
Easy.
Notice that we have a low set on the 9-May candle (this is marked on the chart - the candle closed as a hammer which signals a potential low).
One month later, on the week of 13-June, also marked on the chart, you can notice a perfect Doji with a -9 count on the TD Sequential that ended in a higher low.
That's all the information we need.
The 9-May hammer set the low and this is confirmed by the higher low on the -9 Doji 13-June.
The high volume is also a giveaway.
Such strong volume yet prices remain the same.
Accumulation I should say.
From this point forward we can expect a relief rally based on the signals mentioned above.
This rally can last several months and then boom, out of nowhere comes a sudden crash and then another low...
Let's focus on the present moment...
Cardano is getting ready to grow!
Hit like if you enjoy the content.
Thanks a lot for your continued support.
Namaste.
ADA looks very strong against BTCI really like what I see on ADA's BTC chart. There are a lot of reasons to be bullish:
1) Bullish breakout of the purple falling wedge
2) Breaking back above very strong, long-term support
3) Breaking 60 on the daily RSI
4) Breaking above the zero line on the daily MACD
I'm long here
Cardano Wider Perspective | Easy 15% (10X Lev. = 150%) & More...We've been looking closely at Cardano (ADAUSD) and when looking too close one can get lost.
It is always good to have the bigger picture at hand at all times to better protect ourselves from any sudden move that may show up.
The low was hit for Cardano on 12-May, exactly like the rest/entire cryptocurrency market.
Prices just now are moving above EMA10, which finally switches the short-term potential to the bulls.
We were looking at early signals when in the short-term timeframes and so far things are looking good.
The RSI is strong at 47 on the daily timeframe.
The RSI is never strong when prices or dropping or near support with the exception of now.
When a pair has bottomed, when support is very likely to hold, we see very low prices but with a strong RSI.
This takes us to our first target which is EMA50 at 0.5820 for 15%.
Since we are on 10X on this pair, that is a nice 150% potential price jump.
This one is an easy target.
Since we already had multiple rejections and a higher low, after we see any type of small recovery this is the resistance that will be visited first and foremost.
But I don't think that Cardano will stop at 0.58, I think it can do much more.
Additional details on the chart.
Namaste.
Cardano 10X Leveraged Trade Round 2 (888%+ Potential)Our previous trade for Cardano (ADAUSD) with leverage remains active.
This trade paid over 400% in profits with more to come.
We are now on a second round/buy-in/entry opportunity.
This is ULTRA-HIGH RISK.
Recommended for EXPERTS ONLY.
This is not financial advice.
--
Previous trade ideas (Hit play)
Full trade signal:
--
LONG ADAUSD
Leverage: 10X
Buy-in: $0.4700 - $0.4830
Targets:
1) $0.5100
2) $0.5800
3) $0.7020
4) $0.7888
5) $0.9010
6) $1.0111
7) $1.1011
8) $1.2222
Stop-loss: Close daily below $0.4601
Liq. price: $0.4402
Potential profits: 1540%
Capital allocation: 9%
--
Wishing you great wealth, health and success.
Thank you for reading.
Hit LIKE for more and leave a comment.
Namaste.