Cardano
Short
Updated

ADA/USD "Cardano vs U.S Dollar" Crypto Market Heist Plan

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🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Thieves, 🤑 💰🐱‍👤🐱‍🏍

Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the ADA/USD "Cardano vs U.S Dollar" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish thieves are getting stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉

Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on!
however I advise placing Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.

Stop Loss 🛑: Thief SL placed at (0.7000) swing Trade Basis Using the 3H period, the recent / swing high or low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.

Target 🎯: 0.5200 (or) Escape Before the Target

🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.

📰🗞️Fundamental, Macro, COT Report, Sentimental Outlook:
ADA/USD "Cardano vs U.S Dollar" Crypto Market is currently experiencing a Bearish trend in short term, driven by several key factors.

⚡⭐Fundamental Analysis
Market Capitalization : Cardano's market capitalization stands at $23.12 billion USD, with a circulating supply of 35.21 billion ADA.
Tokenomics : The total supply of ADA is capped at 45 billion, with a significant portion already in circulation.
Blockchain Technology : Cardano's blockchain technology is based on the Ouroboros consensus algorithm, which provides a secure and energy-efficient way to validate transactions.
Development Activity : The Cardano development team is actively working on improving the blockchain's scalability, interoperability, and usability.
Partnerships and Collaborations : Cardano has partnered with various organizations, including universities, research institutions, and businesses, to promote the adoption of its blockchain technology.

⚡⭐Macro Economics
Inflation : The current inflation rate is not explicitly stated, but it's essential to consider its impact on the cryptocurrency market. Rising inflation can lead to increased adoption of cryptocurrencies as a store of value.
Interest Rates : Interest rates can influence the attractiveness of cryptocurrencies like ADA. Higher interest rates can make traditional investments more attractive, potentially reducing demand for cryptocurrencies.
Global Economic Growth : The global economy is experiencing a slowdown, which can impact the demand for cryptocurrencies. However, some investors may view cryptocurrencies as a safe-haven asset during times of economic uncertainty.
Regulatory Environment : The regulatory environment for cryptocurrencies is constantly evolving. Changes in regulations can impact the adoption and price of cryptocurrencies like ADA.

⚡⭐Global Market Analysis
Trend: The ADA/USD pair is experiencing a mixed trend, with a 4.27% increase in the last 24 hours, but a 12.92% decrease in the last week.
Support and Resistance: Key support levels are at $0.63 and $0.61, while resistance levels are at $0.68 and $0.70.

⚡⭐COT Data
Speculators (Non-Commercials): The current COT report shows that speculators are holding 26,729 long positions and 9,961 short positions.
Hedgers (Commercials): Hedgers are holding 7,275 long positions and 24,341 short positions.

⚡⭐On-Chain Analysis
Transaction Volume: The 24-hour transaction volume for ADA is approximately $868.36 million USD.
Active Addresses: The number of active addresses on the Cardano network is not provided.

⚡⭐Market Sentiment Analysis
Sentiment: The overall sentiment for ADA/USD is neutral, with a mix of bullish and bearish predictions.
Fear and Greed Index: The current fear and greed index reading is not available.

⚡⭐Positioning
Long/Short Ratio: The long/short ratio for ADA/USD is not provided.
Open Interest: The open interest for ADA/USD is approximately $776.6 million USD.

⚡⭐Next Trend Move
Bullish Prediction: Some analysts suggest a potential bullish move, targeting $0.70 and $0.80.
Bearish Prediction: Others predict a potential bearish move, targeting $0.52 and $0.50, due to the recent downward trend and potential selling pressure.

⚡⭐Overall Summary Outlook
Bullish or Bearish: The overall outlook for ADA/USD is neutral, with a mix of bullish and bearish predictions.
Real-Time Market Feed: As of the current time, the ADA/USD price is $0.66, with a 0.42% increase in the last 24 hours.

📌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.

⚠️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

💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Trade active

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