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J-ADA

ADA is about to take us on a wild ride! 🎢 💎 Paradisers, #ADA has formed a 'W' pattern at the demand level, and we're currently watching for a breakout from the descending channel. 💎If #ADAUSDT shows a Break of Structure (BOS) from this juncture, We can anticipate a bullish movement. It's advisable to use smaller position sizes here and to seek strong indicators supporting a bullish trend. 💎Should there be a breakdown of this zone, Then we can expect a bounce from the strong support zone, which could offer high-probability setups—exercise caution here. 💎However, if the price doesn't display any bullish signs for confirmation and breaks down below both levels, it would be prudent to wait for more favorable price action to develop and consider the overall crypto market before making any decisions.
by MyCryptoParadise_Nathan
Looks like ADA has pulled a sneaky move on traders🕵️💎 Paradisers, it seems that #ADA has trapped traders who entered based on the breakout of the cup & handle pattern. 💎Nevertheless, should #ADAUSDT breach above the previous high, we may anticipate a bullish move, especially considering the bullish market structure signaled by CHoCH & BOS. 💎In the event of a pullback, we could foresee a bounce from the demand level. 💎However, if the price breaks down below the demand level, it may be viewed as bearish, particularly due to CHoCH towards bearish structure. In such cases, it might be advisable to execute scalp trades or abstain from trading, especially for those new to trading.
by MyCryptoParadise_Nathan
2
ADA : Bullish Breakout Signals Strength and Potential Upside💎 ADA has broken out of the descending channel and has displayed signs of strength, including CHoCH (Change of Character), BOS (Break Of Structure), and the formation of a W pattern around the 200 EMA. These factors collectively increase the likelihood of a bullish movement. 💎The current zone, previously a resistance area, is now acting as support, as evidenced by historical price action on a larger timeframe. 💎A pullback to the bullish OB levels, coinciding with the Fibonacci golden 0.618 level, is anticipated. This level presents an attractive opportunity for a bounce. 💎However, in the event of ADAUSDT breaking below the demand levels, it would be wise to refrain from seeking bearish opportunities, considering the overall bullish sentiment in the market. Capturing small bearish targets may not be worthwhile in such a scenario.
Long
by MyCryptoParadise_Nathan
ADA/USDT: Pattern Convergence Sparks Bearish Warning!💎 Hey ParadiseSquad, let's zoom into ADA/USDT on the weekly chart. We're seeing a unique blend of an inverse cup and handle pattern coupled with an M pattern. This combination is hinting at a bearish outlook. 💎 For this bearish scenario to unfold, we need a confirmed breakdown below the critical demand level of 0.2337. If that happens, we could aim for the next demand zones at 0.1783, 0.1451, and 0.1115. Remember, we're looking for a solid close and retest of this level before considering any bearish moves. 💎 On the flip side, if the price ascends past 0.3770, this pattern would be nullified, signaling a potential bullish reversal. 💎 Keep your eyes peeled and trade smart, ParadiseSquad!
Short
by MyCryptoParadise_Nathan
💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.469). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 0.487 TP2= @ 0.504 TP3= @ 0.522 TP4= @ 0.545 TP5= @ 0.583 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
ETHUSDT🔥Let's break down the ETH chart Now the asset is near the global support zone at $1000-1050. What I think is that it is not worth waiting for some kind of global growth within 1-2 months, but inside the day you can take profitable transactions. In the short term, I think we can rebound from the $1000 level towards $1.200-1.350 before the end of the week. ✅Don't forget to visit the channel there is a lot of useful information about trading. ✅Write your comments what you think about this coin.
Long
by DanilBlinkov
💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.5044). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 72. Take Profits: TP1= @ 0.5558 TP2= @ 0.6018 TP3= @ 0.6964 TP4= @ 0.7594 TP5= @ 0.8989 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.110). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 51. Take Profits: TP1= @ 1.149 TP2= @ 1.191 TP3= @ 1.246 TP4= @ 1.293 TP5= @ 1.384 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4