ADA 1W - It's closer to 0.24 than 0.51ADA 1W - It's closer to 0.24 than 0.51
If it breaks the small bullish channel that is forming (below 0.315), it's better to be out because it will surely not stop falling to 0.24. If it finishes breaking the bearish channel and reaffirms the price above 0.315, we can start thinking about serious increases in this value.
LEVELS:
SL1: 0.24
SL2: 0.10
TP1: 0.51
TP2: 0.88
TP3: 1.25 - 1.27
Before reaching 3M, we must first reach 1M and then 2M. My divinatory arts only allow me a more measured view :)
The price of ADA first has to make a consistent bottom that allows it to attack the EMA 50 in 1W. As long as it is below, we are still bearish even if it goes up.
To ride a bullish wave, we must look at the new INCREASING HIGHS and new INCREASING LOWS and set our SL at those increasing lows.
All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downwards or upwards, for the orders to be executed in one direction or the other, taking the necessary deposits from your wallet.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
ADAUST trade ideas
ADAUSDT 1H - UP or DOWN Technical Triangle?ADAUSDT 1H - UP or DOWN Technical Triangle?
ADA is in a complex technical zone. On the one hand, it returned to the dominant bearish channel zone after having broken out of it with force. At the same time, it is in a buying zone if we look at the rising lows and highs it is building and which define a bullish channel.
Simplifying. If it breaks the triangle zone from above, we will position ourselves bullish. If it touches the base of the triangle and does not break the support, we will accumulate and if on the contrary it breaks the triangle downwards respecting the bearish channel, we will be out of the value.
All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
ADA long setup / 1:1 SettingBINANCE:ADAUSDT
COINBASE:ADAUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.3454
0.3500
0.3560
0.3617
0.3674
🔴SL:
0.3196
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Cardano's Critical Juncture: Will $0.20 Hold or Fold?"Take a look at this Cardano chart. It's been tracing out a pretty clear downtrend – lower highs and lower lows. But here's the thing: it's also been bouncing between those two trendlines, creating a descending channel.
Now, see that 'INNER TRENDLINE' you've marked? That's an interesting observation. Cardano has touched that line multiple times, showing that it's acting as some sort of support within the larger downtrend. It's like a mini-battleground within the bigger war.
But here's the catch: even though it's held up so far, there's no guarantee it will continue to do so. And that RSI indicator you mentioned? It's not giving us any bullish signals just yet. That means momentum is still to the downside.
Plus, we've got that 'STRONG SUPPORT ZONE' around $0.20, and you've cleverly pointed out that this is where 'Clearing Liquidity' might come into play. That means big players might be looking to buy up Cardano at this level, potentially creating a bounce. But be careful! It could also be a trap. If that support breaks, it could trigger a cascade of sell orders, pushing the price much lower.
So, what's the takeaway? Cardano is in a bearish setup. That 'INNER TRENDLINE' might provide some temporary support, but the overall picture is still pointing down. Keep a close eye on that $0.20 support level. It could be a launchpad for a bounce or a trapdoor for a further decline.
And as always, remember the golden rule: manage your risk! Use stop-loss orders to protect yourself from big losses, especially in this tricky market. And never risk more than you can afford to lose.
One last thing: this is just my take on the chart, not financial advice. Do your own research, talk to a financial advisor, and be smart out there!"
From Resistance Breakout to Support ReboundIn the ever-evolving landscape of cryptocurrency, Cardano (ADA) recently demonstrated significant price movement by breaking through a key resistance level. This breakout was followed by a retracement, where the price dipped back to a crucial support level, indicating a potential rebound.
ADAUSDT potential Bearish movementADAUSDT has reached the resistance zone at 0.39, where it was rejected with an engulfing candle pattern, signalling potential bearish pressure. The market has been moving sideways for the past two months on the daily timeframe, while the overall trend remains bearish, consistent with other altcoins. With the price at the top of the range, there is a strong possibility of a pullback as consolidation continues. Additionally, the formation of an ABC pattern further supports the likelihood of a retracement. The target is the support level at 0.36
Cardano Short-Term (Correction Likely Not Over)This chart looks very similar to Dogecoin, if not identical. We are looking at Cardano on the daily timeframe, ADAUSDT.
The black line on the chart stands for MA200. This is a major resistance and ADA failed to reach it on its latest up-move. Trading volume was low and bullish momentum lacking. The fact that this resistance was not even challenged, is a signal of weakness.
The correction is almost ending, it has been going since mid-March 2024, but it isn't over. The next drop is likely to end it but we are not 100% certain about this. After the low is in, we will see a long period of recovery. Going back to 2024 high prices will take some time, in the latter part of Q1 2025.
Ok, back to present day. Lower highs lead to lower lows. You can see a descending channel on the chart.
Thank you for reading.
Your support is appreciated.
Namaste.
ADA 1D - Buy Zone 0.33$ADA 1D - Buy Zone 0.33$
Beyond the corrective processes that we are experiencing these days following the BTC pattern, the market offers opportunities that we must know how to take advantage of.
In this case, ADA is building an upward channel leaving its current downward trend channel that has been weighing down its price since March 2024.
SL: 0.305
BUY ZONE: 0.33
TP: 0.4288
It is interesting to enter ADA at these levels of 0.33 and/or breakout of the DYNAMIC RESISTANCE. If it consolidates its exit from the bearish channel, it could perfectly recover value up to $0.605 corresponding to the 0.618% correction from the March highs.
All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
ADA Outlook after the Dip. What to expect NOW ?The ADA is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Put Your Speculators On!This head and shoulders pattern could be just pure speculation at this point. In fact, let me reword that.. this IS speculation based on the fact that I missed the lows and psychologically, I'm really hoping this comes back to shore so I can get back on the boat with everyone else.
I do however do my technical analysis in advance and set alerts at levels like you should do and if it plays out then great if not there's always the opposite idea too. We move onto the next one.
For now though what I'm looking at is BITGET:ADAUSDT.P has closed the daily candle back inside the value area high ( VAH ) of the range they just left. I am now in a waiting game to see what happens with the second candle close but we just had a 7.5% drop from that value area high (white dots) and the weekly level.
The purple line is the previous Monthly VWAP (volume weighted average price) which when you go down to a lower timeframe it's actually touched (Just doesn't look like that here).
The yellow line is the previous Weekly VWAP which we had confluence with at the weekly level and the value area high and also back tested a couple of hours ago.
The blue bars are to show the 21% from the top of the head down to the neck of the head and shoulders pattern and then a repeated 21% from the neck to complete the pattern right into a point of control ( POC ) from a very high timeframe, I'm talking years.
If we start to lose some levels here like $0.35ish and back test it, I'll probably just wait to lose the POC and then see if we get the drop down into that area of confluence below at around $0.26.
I'm far too broke to be gambling so I'd rather wait and reward myself with a little bit of patience, who knows, it could just happen quickly but “Uptober” isn’t starting off that well so far.
I won't be looking for any long trades unless we can reclaim that weekly level and value area high. Targets would be the weekly level above with confluence from the high timeframe value area high and anchored VWAP from the all-time high (Green line).
This is not financial advice. This is just an idea and some slight education to put out there for anybody that's feeling a little bit lost about what they're seeing on the charts.
ADA Outlook after the Dip. What to expect NOW ?ADAUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA - Breakout or FAKEOUT?In many ways, ADA reminds of XRP.
And that's not a compliment... Big promises, cult following, failure to reclaim previous highs etc. Either way - ADA can and will still be traded, and profits can be made.
However, another worrisome thought is that (like XRP) many bagholders may be waiting to sell around every corner. This causes extremely tough resistance zones, and is often the reason why the price just cannot seem to get "back up there".
The clear higher lows after a bottom is a bullish sign - but is THIS the breakout? I don't know. This current resistance zone will tell. Either we smash through it and close daily candles ABOVE, or it wicks above and then drops hard to the lower side of .30's.
_________________________
BINANCE:ADAUSDT
On the way to 50 centsthe ADA is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Lingrid | ADAUSDT level REJECTION. Potential BEARISH moveBINANCE:ADAUSDT reached the resistance zone at 0.39, where it rejected this level by forming an engulfing candle pattern. Over the past two months, the market has been moving sideways on the daily timeframe. However, the overall trend remains bearish, similar to many other altcoins. Given that the market has reached the top of the range, I anticipate a pullback as it continues to consolidate in this zone. Furthermore, the market has formed an ABC pattern, which typically suggests that a retracement is imminent. This further increases the likelihood of a pullback from the resisatnce. My target is support level 0.36
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
ADA long setup / 1:1 SettingBINANCE:ADAUSDT
COINBASE:ADAUSD
Hello Traders
💥Long position on CARDANO
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.3625
0.3665
0.3715
0.3760
🔴SL:
0.3370
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Cardano (ADA) — Worth WatchingAfter months of a downtrend, ADA seems to have found a bottom. Finally, slightly above the $0.30 level.
Moreover, ADA printed a higher low on the daily timeframe, signaling buyers are stepping in at this level.
However, it's definitely not time to rush into a trade yet.
In this post, I will explain everything you need to know to set up a proper trade. So, let's dive in!
1️⃣ Key Resistances to Watch
Let's start with the most important: ADA is approaching three critical resistances converging in the same region.
‣ EMA 200: ADA has been trading below the 200 EMA for months, with multiple failed attempts to break through.
‣ Upper Trendline of the Descending Channel: This trendline has been ADA's primary resistance during its downtrend. Breaking out of this channel could trigger a significant move.
‣ Recent High: ADA’s previous high aligns closely with these levels.
2️⃣ Trade Setup
If ADA can break above these three key levels, it could spark a massive rally. But until that happens, it’s too early to enter.
‣ Entry: Wait for a break and close above $0.42. This level will confirm the breakout from the EMA, the descending channel trendline, and the previous high.
‣ Target 1: $0.50 — First logical resistance after the breakout. Offers a potential ~20% gain.
‣ Target 2: Slightly below $0.60 — Stronger resistance and a potential 40% gain from the $0.42 entry.
‣ Stop Loss: To manage downside risk, a safe stop could be placed below $0.38, just under the recent higher low.
3️⃣ Volume Insight
The volume will be crucial in confirming any breakout. If ADA can push through these resistances with a significant increase in volume, it could trigger a longer-term trend reversal. However, without volume support, the chances of a false breakout increase.
In summary, the technical setup is compelling, but patience is key. Wait for a confirmed breakout before entering. If ADA can push through $0.42, it could signal the start of a strong rally.
ADAUSDT potential drop from the Resistance zoneADAUSDT shows a bearish trend on the daily chart, though it currently appears to be in a consolidation phase, similar to the broader sideways movement in the crypto market. The price has formed a range below the 0.35 resistance level, suggesting a potential decline to retest the support areas. The appearance of a doji candle on the daily timeframe indicates a pause in the recent upward movement, even with the overall bearish sentiment. The price could drop into a consolidation zone between 0.30 and 0.34 as the market looks for stability. The target is the support level at 0.3250
