Cardano will have a nice runADA will create the right shoulder of a bigger H&S on higher timeframes and will reach 14-25$ in wave 3. And it will top out probably on a Monday... ;)Longby PizzaDriverUpdated 101042
elliptical rhyming Elliptical rhyming based on long-term observation, this idea builds on economic cycles and considers technological improvements and adoption of Cardano at the same pace.by artisticDealer942113
Everything Suggests 33c Cardano ADACardano broke down from it's consolidation structure and is now headed to the next level at 33c. 33c is: - The next major level of support - The 1.618 of a bullish butterfly (although not perfect) - The exact measured move of the triangle We had a bullish bias towards this consolidation structure, as we did for many of the altcoins, however that has now changed and we flipped bearish on the market short - mid term. We managed to get out of the posted positions early before having to take significant losses. Now the game plan is to short assets like cardano until they reach the next level or a bullish structure develops. The bearish bias will remain until this changes and we will constantly update. We will also not own or buy any of these assets until then. As of right now we are short from 42.3c and will update with continuation patterns. We expect this to last a month or two from now before getting a clearer long term picture. Shortby SynergyTradingSetupsUpdated 664
Cardano - Bullish OverviewMassive support level is coming at 0.3720. An upside reversal is highly likely at this point. We're flipping over and establishing a bullish campaign with the primary profit target at 0.4950Longby BulletproofTraders446
ACCUMULATE ADA - 5daySeems time to accumulate CRYPTO:ADAUSD if you are in the know about Cardano. - Fisher Transform Indication bands need to align themselves. - Price will bounce around tightly packed moving averages between .32 cents and .44 cents. - Price breakout to occur early Aug to early September. - Volume structure also indicates this breakout. - Historical volatility also on the decline which also reinforces this breakout period. ACCUMULATE, seanders not financial adviseLongby seanders_7
Cardano * ADA / USD * Daily EWP FIB TC analysisCardano * ADA / USD * Daily Elliott Wave Principle Fibonacci Trend-Channel analysisLongby Anakyn3
Cardano: Home StretchAs we expected, ADA finally broke out of its sideways range to the downside last week. We now see it on the last legs of the magenta wave (ii). Once the low is established, we expect a sustained upward move above the resistance at $0.81. Longby MarketIntel3
ADA/USDT Trade Alert: Bullish Butterfly Pattern Indicates PotentThis report provides a detailed technical analysis of the ADA/USDT pair, focusing on the formation of a Bullish Butterfly Harmonic Pattern at a key support area. Based on the analysis, we propose entry, stop loss, and multiple take profit levels to maximize potential returns while managing risk effectively. Bullish Butterfly Harmonic Pattern Pattern Formation The ADA/USDT pair is currently exhibiting a Bullish Butterfly Harmonic Pattern. This pattern is characterized by specific Fibonacci retracement levels which indicate a potential reversal from the current bearish trend to a bullish trend. The completion of this pattern suggests a high probability of an upward price movement from the identified support area. Key Support Area The key support area has been identified at 0.385. This level has historically shown strong support, making it a strategic entry point for initiating a long position. Trade Recommendations Entry Point Entry Price: 0.385 The entry point is set at 0.385, aligning with the completion of the Bullish Butterfly pattern and the key support level. This entry ensures that the trade is positioned to capitalize on the anticipated bullish reversal. Stop Loss Stop Loss: 0.358 A stop loss is placed at 0.358 to limit potential downside risk. This level is strategically chosen below the support area, ensuring that only a confirmed breakdown below the support will trigger the stop loss. Take Profit Levels To manage profits effectively, multiple take profit levels are set as follows: TP-1: 0.41200 TP-2: 0.43900 TP-3: 0.46600 TP-1: 0.41200 Conclusion The formation of the Bullish Butterfly Harmonic Pattern at the key support area suggests a high probability of a bullish reversal for ADA/USDT. The recommended trade setup, with an entry at 0.385, stop loss at 0.358, and tiered take profit levels, offers a balanced approach to risk and reward. Traders should monitor price action closely to adjust the trade plan as needed based on market conditions. Please ensure to conduct your own analysis and consider current market conditions before executing any trades. Longby trading_jupiter6
ADA Price Action#ADA has a bearish price action( Classic & ICT). Depend on #BTC price action as a catalyzer, I anticipate a correction to $ 0.24 before the next bullish movement.Shortby JPazhoohan0
ADA FractalThis is a fractal from over two months ago. It's pretty crazy how close it's been to what has transpired. I don't necessarily think it's going below 30 some cents, but the fractal definitely indicates a big drop coming. It will be interesting to see it play out. If you look back, it's been very close to predicting movement for the last 2+ months. Shortby mapes2751Updated 3
Cardano has a strong bearish momentum, could it fall further?Price is rising towards a resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.3933 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.4173 Why we like it: There is a pullback resistance level. Take profit: 0.3505 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets7
ADA - weekly is TIGHTThe moving averages are getting tighter and tighter for ADA, which typically leads to big moves. What I'd like to actually see is these get even tighter, so spending another month or two in this .45 - .60 cent region will actually lead to a bigger move long term. PRICE TARGET $1.25-1.75 AUG-NOV timeframe. What I expect to see is BTC shoot up to 83k in the next couple weeks, then 125k after that. I expect a big blow off top for BTC towards the end of the year. ADA will not keep up in that time frame. After BTC's high, then it will be alt season. Thats when I expect ADA to potentially make new highs, but I am not too optimistic about that this cycle. If you like to look at other instances of this set up, look at BTC and ETH weekly moving averages back in October of 2023. The majority of the moving averages were within a 7% spread. ADA is currently around 14% spread.Longby seanders_Updated 2211
will the support line hold ADA from falling?ADA is toutching the green support line, will it hold ? will see ( there should be huge potential in ADA when time comes IMHO) Longby masonsafari2
ADA will crash 90%+ and provide a GREAT entryADA looks to be topping out here along with Bitcoin. In tandem with Bitcoin retracing back to at least 20K, ADA could lose 90%+ from the top and provide an excellent entry. Of course ADA could have a final surge, but it looks fragile and topping in similar manner to Bitcoin. Target for entry is currently around $0.12. Shortby dRends35Updated 12412444
ADA Looks PrecariousADA is retesting important resistance/support at around $0.4. For me personally it doesn't look strong, and my bias would be that it is more likely to break down from here. However it may hold this level as support, which it needs to in order to remain bullish. If I was holding bullish, I would be using this level as a sell signal, if it breaks down.by ronzo777330
Cardano WXY In Primary 2Cardano (ADA) is currently in a WXY (double zig-zag) in primary 2 which looks to take the price down to dangerous lows. The WXY is comprised of a zig-zag, expanded flat, and a zig-zag. The 1.618 extension of W gives us a price target of 0.02036 while the trend-based fibonnaci extension of AB in Y gives us price targets of 61.8 at 0.68USD 100.00 at 0.33USD, and 123.6 at 0.11USD.by HelioHelixUpdated 9915
ADA: It is possible that the correction is over or almost overFriday's price action has a couple of very strong confluence. First the double bottom at 0.5 fib level, and second, RSI bullish divergence. EW perspective, this could be an ending diagonal to end wave 5 of C. This could also be wave 1 of 5 of C; so, we wouldn't know for sure unless we see price move above $0.57. We could see a sharp move up for ADA which could go against the general market trend where BTC and others are still correcting and should be correcting for another month or so. ADA might be the one to start the next cycle this time. We should see very bullish price action if that is the case. If price stays choppy and next week we don't see an upward momentum, then probably something else going on. We will find out in a few days.Longby mukit1225
ADA in weekly chart Hello I am not sure about what I see in this chart. I know all of you are in the opposite side and never have this idea in your alternatives but I do always. I do not know if this idea comes true or not but please please do not trade your expectations and always try to see the charts without any involvement just like you do not know anything about its fundamental or the situation of the market or the news, because all these information are being provided to deceive you. Do not trust anything except your chart and your trends because they do not tell you any lie (unless you have chosen a cheap Broker or Exchange). Thanks Shortby AMA_FXUpdated 446
ADA cycle projectionUsing the bars pattern from cardano's last cycle and overlaying in the general similar areas of first break outs from previous cycle show possible scenario and price levels and timelines. Longby CBKWahooUpdated 8885
Potential bearish drop?ADA/USD is rising towards a resistance level which is an overlap resistance level that is slightly below the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.4431 Why we like it: There is an overlap resistance level that is slightly below the 50% Fibonacci retracement. Stop loss: 0.4700 Why we like it: There is a pullback resistance level. Take profit: 0.4147 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets9
Potential bearish drop?ADA/USD is rising towards a resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 0.4227 Why we like it: There is a pullback resistance level. Stop loss: 0.4428 Why we like it: There is an overlap resistance level which is slightly below the 50% Fibonacci retracement. Take profit: 0.4024 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets8
AdA to all time high coming soonADA forms head and shoulders pattern a as it did previously and explodes soon!Longby substantialIgu2210816