Adadouble bottom formation in 4 hour time frame
Bitcoin dominance decreasing slowly
Rebounded back from golden ratio.
Soon we see price spike up
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ADAUSDT#ADA Analysis: Key Levels to Watch 🚀
Current Zone:
ADA is trading in a demand-turned-supply zone, a key area that previously acted as support but now serves as resistance.
Historical Movement:
In March, ADA tested this zone but failed to break out.
Now, it’s revisiting the zone with strong volume, indicating increased buying interest.
Market Momentum:
With support from other altcoins and the current bullish sentiment across the crypto market, ADA is likely to break through this supply zone.
A successful breakout could push it toward previous highs.
Next Resistance Levels:
After clearing the current supply zone, ADA must overcome another supply zone before challenging its all-time high.
Strategy Reminder:
Stick to your trading plan.
Let the market decide the outcome – patience is key.
Happy trading! 💹
ADAUSDT - The Bulls are readyADA has printed a Green dot in the negative zone of Market Cipher / VMC B this week (Weekly Timeframe).
The last time a green dot in the negative zone appeared on 06 Jan 2020. Let's go!!!
+ ADA's Market Dominance is increasing when compared with BTC/ETH.
CARDANO is back on stagesADA cardano breaked very important level and now its an strong support and I think ADA deserves to be one of 10th
https://www.tradingview.com/x/1Avw0Lwv/Ada / btc
she is all time low , she wil get bounce from here , so fill your ada bags
Cardano ready for another leg up.ADA retraced to 0.618 fib level which is also the previous breakout level. Considering this to be the bottom, the reversal will likely take it to .00002144 and then .0002690 which are 1 and 1.618 fib level considering the previous move. This would also complete the N-wave. RSI and MACD are approaching oversold levels which may give an indication that an upside is likely.
Alternatively if ADA breaks below 0.00001260 this move will be invalidated.
ADA/USD Bullish Channel Breakout Targeting 0.9925Trend: Price is moving within an upward channel since early August, with higher highs and higher lows.
Current Price: 0.8720, slightly above the entry zone, showing bullish momentum (+1.57%).
Entry Point: Around 0.8877, but there’s also a horizontal buy zone between 0.7730 and 0.7500, indicating a potential pullback entry.
Stop Loss: 0.7327, placed just below the lower bound of the buy zone to protect against trend reversal.
Target Point: 0.9925, which represents a potential upside of ~27.9% from the entry.
Technical Structure: The channel’s upper boundary aligns closely with the target, indicating the move is aiming for a channel top test.
Risk/Reward: The setup offers a favorable risk-to-reward ratio if entering within the buy zone, as the downside risk is much smaller compared to the potential gain.
Summary:
The market is bullish, and the plan suggests buying on a pullback to the 0.7730–0.7500 range with a target near 0.9925. Staying above the channel’s midline will keep momentum strong, but a breakdown below 0.7327 would invalidate the setup.
ada short !!!Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change.
#ADA Frenzy Time: Seize the Opportunity for Wealth!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
ADA : Closed positionsBooked profits in the remaining two positions. 17.05% and 2.36% of the invested capital was booked in the two positions respectively.
In a high interest rate environment like this, I do expect a sell-off to hit the US market in the near term and this will have its effect in the global market and even crypto. So taking a step back from crypto as of now, at these valuations.
Will consider a re-entry if price crashes to a technically undervalued level.
ADA/CARDANO 1D UPDATE Cardano Long Trade Setup
- Cardano so far has printed more than 50%
- The setup was built when the market had no chance of pumping
- It had a great base building which later resulted in an impulsive move
- Now that it has printed more than 50% better lock in 50% of your size
- let the rest run if it comes back to entry add more size for future
#cardano
ADA - next bullrun?🚀 Exciting Cardano BITFINEX:ADAUSD Update! 🌐📈
Hey Crypto Fam! 🌟
I've got some intriguing insights on Cardano's current chart dynamics. 📊✨ The price is about to complete an bullish contracting triangle. According to my primary analysis, I believe we might be in for a deeper C-wave, especially if the intraday low is breached and the price dips below $0.355. 📉
Why am I leaning towards the primary scenario? The same distance B extended above the starting point of the correction suggests that if C surpasses A, we could be looking at a 50% Fibonacci extension.
Alternatively, if (e) is already in play, breaking the $0.41 level could be a game-changer. 🎯
Happy trading! 🚀
ADA/USDT Going to looks like down! that case is really support area RETEST OR FALL DOWN ! ANYWAY WATCH BITCOIN GOING TO DOWN POSSIBILITY! JUST WATCH & ENTER THE POSITION!
ADA perfect to enterJust wait for the entry signal then there will huge spike on price and take margin of profit with proper stop loss and take profit
ADA can retest the 1$this is only for educational purposes only.
we can enter today fir only if todays candle close green or wait for little retracement.
Ada Update ddaily time frame As you see no moments in alt coin because bitcoin is resting % enjoying holidays.
no words for alt ryt now but, if we see any kind of moment i'll update you
CARDANO (ADAUSDT)
Ada is continuation of a bearish wave.
Creating lower lows and lower highs.
At the moment creating lower high, Maybe price can break the trend line
then
pump to the moon.
But if that doesn't happen bears will appear
BINANCE:ADAUSDT
ADA LONG SIGNAL link wil move upwards but wait for double bottom to complete and btc to move in littlie long also.
ADA face strong SupportHere the chart gives the strong support area
It is observed that the Buying pressure is increased
There may be a chance of rebounding to $0.8 ~ $1.
Note: Information here for study purpose
ADA follows Harmonic patternThe given chart is prepared in the Month of November 2021
It can be seen that the chart respects the price actions.
How strong the Harmonic patterns !!!
See the next chart where it can see the strong support
Note : All information here for study purpose
#ADA 3 type of scenario 1 hr TF with trade prespectiveBullish Scenario
See if breakout comes then wait for a retest and enter, that's the safer side
or
you can enter when the breakout happens and the next candle closes in green in 1 hr TF then enter
Bearish scenario
Red & Yellow
See if rejection comes then short till $1.005 - $0.978
Because at that time I was not there to guide you that's why I am providing you trade perspective.
I am not a financial advisor.
RISK & REWARD BOTH ARE YOURS
Until you join premium grp 😉
