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ADAUSDT

Is a 167% profit achievable? Take a closer look at ADA.Hello everyone! Today, let's look at the prospects of the ADA cryptocurrency. After a local correction, the asset began to move in an ascending channel. The first serious resistance level is located around 0.236 on the Fibonacci scale ($0.43 per coin). If this level is successfully broken, the asset will continue its upward movement to the next two strong Fibonacci levels at 0.382 and 0.618. At the last level, it is possible to get a profit of 167% on the spot. This is not a trading recommendation, everything you do is at your own risk.
Long
by neverovv
Time to grab some ADAHello Traders! Welcome back to another trade with analyst Aadil1000x. This analysis is for the spot traders. Market is now strongly bullish as bullish formation is already completed and it will take off soon. There was the combination of patterns to develop non stop bulls and the formation is now complete. There are 6 steps in the analysis and every step is tradeable. This bullish move will gain more than +200%. This is one of few pair in the list which will gain more than +200%. Don't forget to hit the like button and follow to stay connected.
Long
by Aadil1000x
ADAUSDT rebound from the lower border of the channelHello everyone. In search of another coin to enter, ADAUSDT took a fancy. This coin reacts quite well to its trending slants. And at the moment, the price is at the lower border of the channel. And given the plus or minus positive mood of the market, we can count on a rebound with a target of 0.4297. The stop can be placed at 0.3831. But of course it will be conditional, since a false exit from the channel is not excluded, as it was on March 27.
Long
by CRYPTOVALUTCHIK
1
ADAUSDT Price AnalysisPrice of Cardano has moved by more than 50% since Jan 2023. $0.4234 is currently acting as resistance. If price rejects this level we might see it moving down to its support level of $0.3293. On a daily timeframe, we see price is above 21 & 50 EMA and RSI > 50 which shows bullish momentum in the price. If the bullish momentum continues and price breaks above $0.4234 level, we might see price moving to its next resistance level of $0.5237. Note: Studies are for educational purposes only. We will not be responsible for any of your Profits & Losses. Please trade with a proper risk management strategy to avoid huge capital loss.
Long
by teakfinance
ADA/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano (ADA) snapped a two-day losing streak to start the week, despite the global market cap mostly consolidating on Monday. Following a low of $0.3729 on Sunday, ADA/USD surged to an intraday high of $0.4035 earlier in today’s session. Today’s move saw Cardano near Friday’s high of $0.4093, which was its highest point since mid-February. Looking at the chart, the climb in price coincided with the relative strength index (RSI) moving towards a ceiling of its own at 60.00. At the time of writing, the index is tracking at 58.91, after moving away from a floor at 56.00. Should price strength move past the upcoming ceiling at 60.00, then there is a strong chance ADA will recapture a fresh multi-month high. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
Potential breakout after retest on SOLUSDTWe should see a breakout at some point from SOL if it starts to outperform ETH: SOL is currently heavily underperforming ETH, wait for SOL to outperform ETH while it's above the 0-line The breakout I see is similar to the recent ADA play: The line i have drawn isn't exactly how I view it, it could go lower in the channel before breaking out, it's obviously just a draft. Look for the levels! The target is the purple line (-1 fib channel level)
Long
by IkkeOmar
3
ADA Possible H&S formation There is a potential head and shoulders formation on the chart, with the right shoulder currently coming in line with a strong Fibonacci level. If this level holds as resistance, it is likely that the pattern will form. Traders can look for possible entries on the break of the neckline. It's important to note that the confirmation of the pattern will occur once the price breaks below the neckline, and it's recommended to wait for this confirmation before taking any positions. If the pattern is confirmed, the target can be estimated by measuring the distance between the head and the neckline and projecting it downwards from the breakout point. As always, it's important to manage risk by setting stop-loss levels and considering the overall market conditions before making any trades.
Short
by PavlOK
SHOULD I INVEST IN CARDANO 2023?The answer in short = Yes! On December 2021. It happened. ADA up-trended from $0.1263 to $2.47 in just 20 weeks. There was bag holders (Strong Resistance), they decided to sell their primary bags in just 1 week. ADA dumped to $1.010 on 17 May 2021 and again to $1 on 21 Jun 2021. ADA investors filled their bags at $1.02 on 19 July 2021 to get ready for the last pump trip at $3.1010 in just 7 weeks, then bleeding or as it calls (Panic Sellers). ADA down-trended slowly to $0.4019 in 36 weeks, there wasn't strong support at $1.3 or $0.8 levels. What can you do as mid-term and long-term investor? As long as ADA below $0.8, you can fill your bag at this level and living with a peaceful mind. As pro trader, you are free to handle and get some profit from now to $0.8 at your own risk. According to weekly chart: If ADA does cross up $0.8 level, we will see $1.18 and $1.27 levels again. If ADA doesn't break up $0.8 level in next weeks, we will see $0.22 level. DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
by b4sk