ADAUSD trade ideas
Next target for $ADAFib circles on recent swing low>high outline the last several months quite accurately. Following a impulsive 5 point Elliott Wave pattern and pulling a trend based fib extension, $5.20 looks favorable for a late May to mid June time frame.
ADA on route to fulfill SIMPSONS predictionchart explains itself. buy and hodl.
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GODBLESS!
ADA 4-Hour .. New Clean Chart, Trade activeForget the past and move on to another Fresh Look.
Because of the Higher TF's (like the 3-Day) and especially the Daily, urgent for a reset within their indicator levels. We find PA reacting to this as a massive downtrend. PA has to do this, and as a result, traders can confidently enter into new LONG positions.
I have identified TWO trading channels that are merged together because of this large move.
How to trade now? Here is a visual note I have added for us.
Identifying a solid Daily Trend position can help immensely with decisions on placing an order. This can help us expect certain trading results. With or Against the Daily Trend you have identified, can help with a limited movement towards the Middle Trend Line for a bounce and/or a Larger movement away from the Middle Trend Line.
Good Luck !!
This is only a piece of the puzzle, a piece that can help us with a piece of mind while trading.
Ada Bullish Continuation As shown on the charts we can clearly see that we are breaking previous highs and targeting new highs, we are also filling all the imbalance zones allowing us to continue with further bullish momentum, price is currently reacting to the new created imbalance zone, in my opinion this is the BEST TIME TO STACK UP ON ADA COINS!!!!!
CARDANO - Sell Idea (Short-term)Cardano is trading sideways ever sine late November. Coming off the upper section of it's trading range, price action seems to be gearing up for one more downside leg towards the lower section of that range. The failure to break above the key-level resistance of $1.0850 suggests that price action is on the backfoot again. We're firing off a new bearish campaign, targeting the next significant key-level support of $0.9350
A GREAT OPPORTUNITY IN ADAWatch the trend line and wait for a breakout! The blue support zone is a place to wait for a turn around!
ADA Cardano is stuck in a bull flag at the end of its third corrective wave. I think it will soon bounce back from this price area and go up to $1.50. Good luck.
Cardano: Target Zone ReachedCardano entered our blue Target Zone between $0.73 and $0.49 during the recent sharp sell-off but quickly rebounded above its upper boundary. While it’s entirely feasible that the low of the blue wave (ii) has already been settled, another dip to finalize this intermediate correction remains possible. Once wave (ii) has indeed found its bottom, the blue impulse wave (iii) should take over and drive the price above the resistance at $1.32.
ADAUSD is net short with a large pin-barAll but BTCUSD are net short at the moment, even after a large recovery on the Monday's open.
I have a short bias on this pair until price action changes
ADA/USDT – Setting Two Pending Orders for Precision EntryOn the 4-hour chart (4H) of ADA/USDT, we see the formation of a symmetrical triangle, which typically indicates a phase of consolidation before a strong breakout.
In this case, the triangle has formed after a downtrend, increasing the likelihood of a breakout downward. However, there is still a chance of an upward breakout if the market gains momentum.
Optimal Strategy – Two Pending Orders:
To avoid guessing the price direction and instead react to the market, the best approach is to place two pending orders:
Sell Stop @0.742 – if the price breaks the support level of the triangle, we anticipate further decline.
Targets for decline: 0.695 and 0.627.
Buy Stop @0.764 – if the price breaks the upper boundary of the triangle and consolidates above, an upward impulse is possible.
Targets for growth: 0.850 and 1.117.
Why is this strategy effective?
If the price confirms the bearish trend, the short trade will activate automatically, allowing you to capture the downward movement.
If the market shows strength, you won’t miss the breakout upwards and can capitalize on the bullish momentum.
The key is not to trade emotionally but to let the market define the direction!
Which scenario do you think is more likely? Share your thoughts in the comments!
ADA - March 3rd Wedge Convergence for a 37% pop or dropBefore March 3rd there will be an ADA convergence pop up or down. 37% down to volume gap or a retest of previous high for a 37% gain.
I'm inclined to lean to the bullish side given the recent roadmap milestone.
The Cardano blockchain is transitioning to a decentralized form of governance today through the activation of the Plomin hard fork. The hard fork will go live at around 9:45 PM GMT on January 29, 2025.
Following the hard fork, delegated representatives (DReps) will be able to vote on Cardano governance actions using their own ADA, as well as ADA tokens delegated to them by individual holders.
Earlier today, Cardano founder Charles Hoskinson shared the 2025 roadmap published by Input | Output (IO), the company leading the technical development of the Cardano blockchain protocol. The roadmap outlines IO’s key goals for 2025 based on three main areas of focus:
1) Scalability
2) Usability and utility
3) Interoperability and extensibility
Some of the most exciting initiatives included in IO’s 2025 roadmap include the privacy-focused Midnight partner chain, advancements in smart contract development tools, the Ouroboros Leios consensus protocol and the Hydra layer 2 scalability solution.
ADA 1-hour .. Run Chart I am Long currently, waiting for PA to go the direction I want. BULLISH.
I made this 1-hour incase I start erasing the chart and start a new layout for PA.
I am sharing this disaster chart, for our insights and also a record for myself of what I historically was thinking.
I have a sneaky feeling, PA is looking for a reason to dip yet one more time.
However eventually price moves out of any designed graphic, pattern, channel, triangle, up or down trends.
The point is finding something to help trade with.
Currently PA is still in a downtrend pattern.
Here is a screen shot of a larger span of what I have evolved this chart into.
I have thrown in a Violet colored Bearish Channel...(expecting it to break-out on the top-side to complete the #3 Leg)...it is possible. However PA will most likely break-down and out posting Lower Lows.
Yet another scenario is... That super-sized Yellow Channel is actually a Bull Flag!! and a break-out will eventually occur to the upside. It could be soon or later in a week or so.
Indicators:
The 3-day sure is suggesting further downside, as that TF hasn't hinted on the turn upwards, however it is close to showing a possible turn. This turn depends on the strength of the Daily's PA.
The Daily is weak, and this area is where it can do another dip or two, or just finally start moving upwards with authority.
The 9-hour is set for the upside.
The 4-hour is resetting.
The 1-hour is resetting currently for a bounce off the channel bottom where that green oval is set-up.
ADAUSD?
This week.
Watch 1.00000000
If it manage to break, we want to buy. I feel it will have tendency to test resistance available.
Have stops ready.
Manage well
All the best
ADA 1-hour ... Long in play with CardanoBeginning a new trade. I had the order sitting and waiting. I was sleeping when it took hodl.
Cleaned up the chart from the previous trade.
I am expecting another bearish pennant to form.
I am hopium that it goes 1-2-3-4-5 format.
I am hopium that PA continues upwards and cancels out the possibility of a bearish pennant.
I am hopium that PA breaks resistance levels and finds footing on support levels.
I did draw out a possible bearish looking pennant, however I will post later screen pictures of the formation of channeling or pennants, etc. as those will eventually materialize visually.
PA can/could/might continue lower. I will post the visual now, as the risk factor.
o.81 - o.76 - o.69 are those levels where PA could go.
its on a 9-hour chart to condense the information
The Blue Fib is from last previous historic action for support and resistance levels.
ADA 4-hour .. Patience for the next entrySold the bags here.
Moving on for the next entry.
PA has already moved down considerably.
5.600 % lower than where I sold.
I keep watching the price scooting downwards as I write this Publish Idea.
I do initially think the PA will eventually move down to the region where the lower green arch is placed.
The first arch is an area where a bounce is probable.
Nothing is guarantee, and this chart is where my thoughts are about near term future movements.
I need to restrain from entering too early.
Patience.
Could Cardano Bulls Push Past Pennant To $2 Resistance?!Cardano made an impressive 315% gain from the Low on Nov. 4th/5th @ .32 to the High on Dec. 3rd @ $1.32 following the Pro-Crypto Republican won Presidential Debate with not only BINANCE:ADAUSD seeing this kind of Rally but across the entire Crypto Market!
Since that High, Price on Cardano has slipped into a Consolidation of what seems to be a Pennant Pattern with Lower Highs working into Higher Lows.
Both Legs of this Triangle still need a 3rd Touch to Validate the Integrity and Existence of both Trend-lines. I would like to see Price make a 3rd Touch of the Rising Support around the ( .95 - .93 ) Range before moving back up to test the Falling Resistance.
If Bulls are able to gain enough Support from the Rising Support, it could be enough to give them momentum to make a Bullish Break to the Falling Resistance and based from the Pattern Statistics:
- Generate an Extension of the same size of Trend move that came prior to the formation of the Pattern called the "Flagpole" putting the Potential Extension of Price into the $2 Resistance Zone!
**Caution: Triangle Patterns are known to fail 1/3 of the time so a Bearish Breakdown of this pattern is still possible. Watch for False Breaks/Breakouts!
Cardano's Bullish IdeaAs long as ADA is above $0.77 and $0.32 a bull-run is expected to target a new all-time high.
$ADA | CARDANO The PipGuard GuideGood evening, everyone!
Today, I’m sharing one of the 4 analyses I’ve prepared for the crypto world.
📆 Analysis Details:
Conducted on weekly and daily time-frames, so this is a medium-to-long-term projection.
It shows two possible directions, aiming to serve as a clear guide for both options.
Includes potential paths the price might follow.
💡 Key Points of the Analysis:
We are currently in a bullish trend, but I recommend treating these moves as retracements before a potential upward rally. Nothing is certain!
As long as the price stays below 0.7630, it remains bearish.
Watch out for a potential liquidity grab between 0.8280 and 0.9520, where the price might react and drop further.
If the price closes above 0.9900, we’ll have a confirmation of a bullish trend.
🔍 This analysis should be reviewed periodically due to the time-frames used. Patience is the key to trading! So:
Wait, identify confirmation, and then enter.
🎯 If you enjoyed my analysis, please show your appreciation! I’d greatly value it.
Have a great evening and happy trading! 🚀
ADA/USD "Cardano vs US Dollar" Crypto Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the ADA/USD "Cardano vs US Dollar" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry and short entry. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 :
"The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!"
Buy entry above 0.8100
Sell Entry below 0.6700
Stop Loss 🛑:
Thief SL placed at 0.7300 (swing Trade Basis) for Bullish Trade
Thief SL placed at 0.7700 (swing Trade Basis) for Bearish Trade
Using the 4H period, the recent / nearest low or high level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
-Bullish Robbers TP 1.0200 (or) Escape Before the Target
-Bearish Robbers TP 0.5500 (or) Escape Before the Target
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
ADA/USD "Cardano vs US Dollar" Crypto market is currently experiencing a Neutral trend (Bearish trend in short term but there is a higher chance for Bullish in long term)., driven by several key factors.
🟠Fundamental Analysis
- Cardano's current price is around $0.28, with a 24-hour volume of $150M.
- The market sentiment is neutral, indicating a potential shift in trend.
- Cardano's blockchain has seen significant development, with the recent launch of the Alonzo hard fork, which enables smart contract functionality.
🟤Macro Economics
- The global economic outlook is uncertain, which may impact Cardano's price.
- The growing adoption of cryptocurrencies and increasing institutional investment could support Cardano's value.
- The US Federal Reserve's interest rate decisions and inflation rates will also influence the cryptocurrency market.
⚪COT Report
- Unfortunately, the latest COT report data is not available.
- However, I can suggest checking reliable sources like the Commodity Futures Trading Commission (CFTC) or FXStreet for the latest updates.
🔴Sentimental Market
- The sentimental market is currently neutral, with some traders expecting a bullish trend while others predict a bearish trend.
- Retail traders are holding long positions in ADA/USD, while institutional traders are cautious.
🟡Overall Sentimental Analysis
- Institutional Traders: The sentiment is bearish, with a focus on short-term gains. They are expecting a drop in price due to the current market conditions
- Retail Traders: The sentiment is bullish, with many traders holding long positions in ADA/USD. They are expecting a rebound in price due to the growing adoption of Cardano's blockchain technology
- Technical Analysts: The sentiment is neutral, with some analysts predicting a short-term drop in price due to bearish indicators, while others are expecting a long-term increase in price due to bullish divergences
- Cryptocurrency Enthusiasts: The sentiment is bullish, with many enthusiasts expecting Cardano's price to increase due to its growing ecosystem and adoption
⚫Positioning
- Institutional traders are holding short positions in ADA/USD, while retail traders are holding long positions.
- This positioning suggests a potential short-term correction in the pair.
🟣Overall Outlook
- ADA/USD is expected to trend bearish in the short term, driven by the mixed market sentiment and cautious institutional traders.
- However, the growing adoption of cryptocurrencies and increasing institutional investment could support Cardano's value in the long term.
- The overall outlook for ADA/USD Cardano is bearish in the short term, with a potential drop to $0.505, but bullish in the long term, with expected growth to $1.13
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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ADA - JUST ANOTHER DASHI'm a firm believer in Cardano and I will keep stacking it up for my retirement... but this cycle is over folks.
I don't like fractals but the results of overlaying DASH onto ADA's chart speak for themselves. The similarities these two share are kind of mind blowing. Two ingenious, open, freedom preserving projects who have robust and loyal communities end up getting beat out by venture capitalists.
Fight the good fight guys, use your voice, your wallet, and your vote to make Cardano the best it can be. Work together to solve problems and avoid the drama. Cardano will absolutely conquer next cycle.
ADA LongI think We will see Cardano Break here to the upside and we will establish a base support in the .80 range... #LFG
