ADA/USDT 4HOUR UPDATEWelcome to this quick ADA/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- ADA/USDT is bullish trend conform retest buy the dip and green zone
Entry:- buy green zone
Traget:- 20% to 30%
Stoploss:- 1.786
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Adausdtrade
ADA 100% is coming .. not over yet
we should totally admit that ADA is bubble n about to burst, like now from a year ago was just 3 cents!!
which means in just year ADA jumped from 0.03 till 3.10 !! (102X)
Do u still think it will continue without a massive correction?
ADA is so successful n amazing project but even though it has to correct first then it will continue upwards.
No uptrend or downtrend will continue forever.
so expect a huge massive correction but after bull run end first .
I think we still bullish till now.
on chart it is crystal clear that ADA is consolidating in triangle segment since we reached 3.10
the same triangle was formed from previous phase leading to a great breakout
now I think correction is done and going up is must.
Dont forget that November, December n January are bullish months for ADA
You can buy now n sell targets ( 2 months)
be patient n stay calm , dont forget your stop loss
✅ buy: 1.80 - 2.00 ✅
🎯TARGETS:
1- 2.35
2- 2.72
3- 3.10
4- 3.60
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily close below $1.68
Ada analysisLONG
Here's a quick look at ADA 1D chart . As we can see, the price has been showing a Fib line support and confirming a descending triangle. 2$ gives a good support zone and ADA needs to hold this zone
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry at Support1 and below support level .
Targets
1 2.266$
2 2.408$
3 2.618$
4 3.11$
IF YOU LIKE THIS SHOW SOME LIKE AND FOLLOW THAT WILL ENCOURAGE ME
THANK YOU
Cardano Next PushQuick update for ADA. after retracement Cardano get strongly supported around 2$.
Next push could start soon as BB is starting to be really compressed.
------------------------------------------
Trade Plan
------------------------------------------
Buy : 2.2$ ish (now)
Rebuy : 2$ (Full Buy)
TP1 : 3.30$ (Security TP)
TP2 : 4.75$
Stop : 1.8$ ( if u wanna set it)
------------------------------------------
- Follow the King to stay safe!
PS : Special greetings to my friend Trader @bestfarbit74 , because i know he likes Cardano !!
Happy Tr4Ding!
ADA Breaking Out for More Than 3X Easy Gains in Next 4 Months🧨In previous ada idea we discussed ada is in strong accumulation zone, finally cardano breaking out frm bullish rectangle pattern.
in last 2 days LTC also pumping , all old well settled coins started to pump. dont miss this easy ada trade setup.
ADAUSDT ADA/USDT (D1)
Price can be seen forming a falling wedge pattern and approaching a support zone starting from $1.884 to $1.750 where W1 21 EMA alongwith D1 200 EMA are acting as good supports.
Currently we can see D1 50 21 and 100 EMAs acting as strong resistances aligning very well with the trendline resistance of the falling wedge which is not a very good sign. A bullish scenario for the price could be flipping the resistance zone starting from $2.150 to $2.320 and holding above it before moving upwards to the next resistance at around the $2.67 level where the ATH resistance also starts.
We've to wait for price for a clear move wheather downwards or upwards as currently it is not in a very good state. It still has a strong resistance zone to break through for a bullish scenario.
Cardano's Mid-term 388% PotentialCardano remains beneath its prior ATH's resistance point. That in combination with its current fibonacci channel support makes for an interesting buying opportunity.
You may notice that BINANCE:ADAUSDT has consistently found support on these fibonacci levels in the past. So based on that, here's my (strictly bullish) prediction for what we might see in the next few months.
ADA/USDT - Potential 49% SetupHello Traders!
ADA is finishing the correction. There was formed a "descending wedge" trend continuation pattern on the chart.
Purchases can be considered between the price levels of $1.97 - $2.07
It is appropriate to place a stop loss near the price level of $1.67
The targets for buying are at $2.73 and $2.95
Excellent short-term trade with a good risk/profit ratio
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ADAUSDT forming a descending triangle based on my TA ADA is forming a descending triangle on the weekly and daily chart.
I would wait for a confirmation closure above the upper line to go long (2 daily closure above the triangle)
or else it will break the triangle, might retest and break further down to $1.26-$1.6
if it closed above the triangle.
SL: $1.718
TP1: $2.41
TP2: $2.66
TP3:$3.11
TP4:$3.49
what do you think of this trade?
ADA MOVING INSIDE A RISING CHANNELADA on hourly timeframe is moving inside a rising channel with a bullish harmonics.
Targets with resistances levels are marked on the charts, let's see if ADA can break the resistances and move for the top of the rising channel.
The channel is good until broken.
Current ADA Price: $2.249
Thank you and Good Luck.
Make sure to like and follow for more updates :-).
ADA Lags Recovery To $2.5 Despite Peers Hitting New Milestones
Cardano price teeters within a wide range, marked by the 50-day SMA on the upside and the 100-day SMA on the downside.
The IOMAP model reveals that ADA sits on robust support while the absence of a massive resistance favors the bulls.
Cardano is seen trading at $2.2 on Monday toward the end of the Asian session. The smart contracts token is becoming competitive, biting into Ethereum’s piece of cake alongside Solana. However, its price action continues to be sluggish compared to Ethereum and Bitcoin.
Cardano Price Stuck In Wide Range
Cardano spears stuck in a wide range, marked by the demand zone in green and the red area in red on the daily chart. Bulls firmly defended the support accentuated by the 100-day Simple Moving Average (SMA), a move that ensured that declines did not stretch to $1.5.
The token commenced recovery together with other crypto assets on Friday but lost steam before reaching $2.5. The 50-day SMA added weight to the resistance, cutting short the uptrend eyeing $3.
Meanwhile, the Moving Average Convergence Divergence (MACD) highlights a buy signal hints at the trend leaning upward. As the 12-day Exponential Moving Average (SMA) crossed above the 26-day EMA, the odds soared in favor of the bulls. The momentum calculating technical index only needs to rally above the mean line to validate action above $2.5.
At the same time, the Relative Strength Index (RSI) confirms that neither buyers nor sellers have the upper hand. This trend following tool also calculates the strength of the bulls and the bears. Currently, the leveling motion implies the prevailing consolidation will last longer.
The IOMAP by IntoTheBlock reveals the absence of a robust resistance with the ability to hinder bulls from achieving their goals, at least to $2.5. According to this on-chain metric, the only area of interest runs from $2.22 to $2.28.
Here, the slightly more than 101,500 addresses that purchased 2.41 billion ADA will be trying to break even, thus reducing the impact of the buyers. However, if the price slices through, the run-up to $2.5 will be quick.
On the downside, Cardano sits on top of robust support spanning from $2.15 to $2.21. Here, around 132,400 addresses previously bought 5.58 billion ADA. It will not be easy for bears to break this support barrier, leaving ADA safely above $2.1.
ADAUSDT Enjoy 🚀🚀🚀So, now we have situation when ada in 1 our chart have triangule. If ada coming down, ada will see 2.12 and it possible more down, ada have strong suport near 2.00.
If ada going up, firs resistance place are 2.30 and next strong resistance are 2.4 - 2.6 area, this is very importante area wich recoginise future.
This is not financial advice !!!
This is Just Chart analysis !!!