ADA - Re-Accumulation Zone 22c, LONG SETUPBINANCE:ADAUSDT
ADA is not my favorite alt on the block, but I do think there is a good opportunity approaching in terms of a low risk / high reward trade.
Ada is about to re-enter it's accumulation phase, which is also the local low and where the price often bounces from support.
The technical indicator is also still vey bearish, showing no signs of a turn around just yet:
__________________________________
ADAUSDT
(Update) !!! Daily Chart Analysis : Bull or Bear ? (READ)BINANCE:ADAUSDT
The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger.
✨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!!
Cardano Bullishness Like Never Before The chart does not need much explanation: there is a bullish RSI divergence, with ADA’s price holding strong against BTC each time the whole market declines against BTC. This suggests that ADA might already found the deep, similar to the vibes of 2021. The only concern is the lower volume compared to the last cycle.
Fundamentally, the Chang hard fork is coming to Cardano in the coming weeks, which aligns perfectly with the anticipated long term technical analysis.
The Chang hard fork will introduce on-chain governance for the community, along with capabilities such as ZK proofs on the first eUTxO model blockchain in the entire space (as far as I know).
These are very exciting times for Cardano. We will see how it plays out!
Smart ADA Accumulation: Prepare for the Best Opportunity Until 2Starting from the next few months, accumulate as much ADA Cardano as possible and stake it. We are entering the best accumulation phase, which should extend until May 2025. There is still plenty of time to accumulate! In the end, you will have an average price between 0.15 and 0.3 and keep some extra funds for the downturn.
BINANCE:ADAUSDT
CRYPTOCAP:ADA.D
ADAUSDT - Great Long Term Buying Levels BINANCE:ADAUSDT is currently finding support after breaking through the bearish structures on weekly timeframe. This looks like a great buying opportunity as we can maximise profits with multiples profit levels and set our stop loss below a major support on weekly timeframe!
Ada to $0.3515 or lower...TonightJust following my trade plan, the odds are in my favor.
0.3515-0.3425 Target
Market is still trending down with no
major sign of reversal yet.
Still monitoring though, just in case market wants to wick higher one more time before drop. I see signs of whales selling but not very strong yet. Given we wick up I'll look to exit and reposition with a bit wider stop.
I'll update in the comments my actions throughout the trade as new price action data comes in
adausdt long potential After a nice comeback into a daily ob in high resistance , price as some pullback potential into the 0.3620 we had a lot of rejection from 0.3500 that makes me think that price doesn't want to go lower so i'll be expecting a bull move soon , look for any bullish confirmation that respect your plan , trade well and enjoy your day.
Cardano Weekly Analysis: Ready for LONG ? (READ THE CAPTION)By analyzing the #Cardano chart on the daily (logarithmic) time frame, we observe that the price has started to rise as we expected in our previous analysis, hitting the first target at $0.42 and the second target at $0.45! After gathering the necessary liquidity, it began a further correction and is currently trading around $0.368. As you can see, the $0.317 to $0.36 range is an important demand zone, and we need to see if the price will stabilize above this level. If the price stabilizes above this support level, the medium-term targets will be $0.3810, $0.4270, and $0.4570, respectively.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ADA buy📊Analysis by AhmadArz : ADAUSDT
Support and Resistance Levels:
Support Level: The horizontal line at the bottom of the chart around $0.3199 🛡️.
Resistance Level: The horizontal line at the top of the chart around $0.4101 🛡️.
Time Range:
The chart includes price data from approximately June 10th to July 11th 📅.
Entry and Exit Points:
Entry Point: The short horizontal line near the $0.3700 price indicates the entry point for the trade 🚀.
Take Profit (TP) Levels:
TP-1: $0.3700 🥇
TP-2: $0.3863 🥈
TP-3: $0.4037 🥉
Stop Loss: $0.3436 ❌
Expected Price Ranges:
Green Zone: The area where the price is expected to move upwards to reach the take profit levels 📈.
Red Zone: The area indicating where the trade will be stopped out if the price moves down to the stop loss level 📉.
Black Arrows:
The arrows highlight significant price movements and key points that might indicate a trend reversal or continuation 🔄.
This chart suggests that the price of ADA is expected to move within the specified range (green zone) and reach the take profit levels (TP). If the price drops to the stop loss (red zone), the trade will be stopped.
How bright is the future of #ADA ?CRYPTOCAP:ADA 1W chart;
If I were a big investment company and I wanted to invest in the Layer1 space, which one would it be and why?
* Technology and Innovation
* Ecosystem and Community
* Application Areas
* Governance Model
* Reliability and Transparency
The Cardano CRYPTOCAP:ADA , which holds it all and has yet to shine this year
ADA update (Buy Setup)This analysis is an update of the analysis you see in the "Related Ideas" section
The price did not reach the red range of the previous analysis to enter the sell/short position.
If the price reaches the red range again before reaching the green range, we can look for sell/short positions.
Now we have prepared an update for ADA.
A trigger line has been broken and a support zone has formed at the bottom of the chart.
On this range, you can look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ADA/USD secondary trend. Wedge. Mirror level.Local trading situation. A wedge is being formed. The price is at its resistance. Local targets in case of a breakout, as well as in case of further formation of a wedge in the zone of previous accumulation (redistribution is more correct).
It is also worth noting that the price is also near the accumulation - redistribution range (the average price of the set is highlighted in green).
This redistribution zone is accumulation on a larger scale of the chart
Main trend. 1 month
ADA/USD Main trend
ADA/USD Main trendThe main trend (to understand where the price is and what is the general trend). Logarithm. Timeframe 1 month. Price in a secondary downtrend is approaching a mirror support level (marked in yellow, former resistance).
Against the dollar on the monthly timeframe, there is now a large bowl with a handle, which I have displayed on this chart.
Pump/dump news.
Cardano's developers have activated the Vasil hard fork on the testnet. The Vasil hard fork was successfully completed on the Cardano testnet.
Vasil will enable faster block generation and increase the scalability of decentralized applications (DApps) powered by Cardano.
Vasil is expected to launch on the mainnet in about a month.
In other words, if the market allows, then in about 1 month a local pumping (trend reversal) is planned, if the market is sluggish, then Vasil will be canceled for some far-fetched reasons or the event will not be widely advertised.
Remember when the US congressional elections.
The same parameters on the line graph.
Secondary trend. Downlink zone. Timeframe 3 days.
ADA/USD Secondary trend.
Local trading situation Timeframe 1 days.
ADA/USD Local trading situation
ADA /USD Main trend. 07 2024Logarithm. Linear chart to remove market noise. Main trend to understand the zone for work.
The asset is at a huge percentage of pumping from the last cycle, but the decline occurred from the peak at -91% and there was re-accumulation. Locally, a descending wedge is formed.
Secondary trend for work.
ADA/USD secondary trend. Wedge. Mirror level.
This is lovely to see As I mentioned earlier BINANCE:ADAUSDT showed a great impulse and is waiting for an opportunity to enter a long-term Long position either Spot or Futures. I think the time has come and the signs are obvious.
1. Break of Structure ( made higher high ) in a daily timeframe
2. MACD divergence.
3. Volume is decent and looking good.
4. In early March made a higher high in a weekly timeframe ( BOS )
If you don't know where to take profits I suggest you look up my last idea on BINANCE:ADAUSDT
Cardano will Go Up AgainBINANCE:ADAUSDT
Finally ADA breaked the Falling Wedge It means Price Can rise up well.
✨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!!
Trade Setup: ADA Long PositionMarket Context:
ADA is currently at resistance, and we are considering two potential scenarios for entering a trade.
Trade Scenarios:
Break and Retest Scenario:
Entry: Enter the trade at a confirmed break and retest of the $0.45 level.
Range Retest Scenario:
Entry: Enter the trade at a retest of the bottom of the range at $0.42.
Common Trade Parameters:
Take Profit:
First target: $0.51 - $0.54
Second target: $0.57 - $0.60
Stop Loss: Place the stop loss just below $0.40.
📊 Monitor the price action for confirmation of breakouts and retests. Adjust entries based on market conditions. #ADA #CryptoTrading #TradeSetup 🎯
ADA is at good prices
ADA is the cryptocurrency associated with Cardano, a blockchain platform. Cardano is a blockchain project that aims to provide a more secure and scalable infrastructure for the development of smart contracts and decentralized applications (DApps).
I start to accumulate ADA in this area because prices are
Right at the lower trendline of the ascending channel
Just above the Fib 0.5
If you have any news on their projects, please share in comments. Many thanks!
Honestly, I don't feel like explaining, the chart says it all !!BINANCE:ADAUSDT
Finally ADA breaked the Falling Wedge It means Price Can rise up well.
✨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!!