🔥 ADA Aggressive Bull-Flag SignalThis signal is based on the idea that ADA is currently trading inside a bullish flag pattern, consolidating before the next break out.
We're going to assume that the lows of the flag are already in and that the break out will occur shortly, hence the aggressive nature of the trade.
Stop below the recent low, target at 0.6$. A more patient trader might want to wait for the break out to be confirmed, which will result in a lower risk-reward.
Cardano
MINSWAP - Gems Series - 10x to 30xGreetings,
Welcome back to Gems Series!
Due to recent moves in cryptosphere, we will to to publish multiple Gems every day.
First one for today is Minswap and it's token Min.
This coin bottomed a few weeks ago then broke out consolidated and broke out again today.
This project is built on Cardano blockchain and today's move was on the bake of Cardano's own move up. Currently Cardano has only reached about 19% of it's previous all time high and a lot of room to grow. Minswap is one of the best project currently productive on Cardano and a DEX no less therefore this is definitly a GEM!
Here is the report on the selection criteria.
1- Project Status = Active
2- Industry = DeFi (Decentralized Exchange)
3- Community Involvement = Healthy
4- Prominent Listings = None - On Minswap itself
5- MarketCap = $60M
6- Coin Supply = Cir: 1.02B, Tot: 5B
This a small cap and has a lot of room to grow. Based on the factors, this coin has a potential for 10x to 30x rally.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
ADAUSD: Buying not over yet.Cardano has turned overbought on the 1W timeframe (RSI = 79.294, MACD = 0.031, ADX = 45.270) being on the strongest weekly candle since the previous Bull Cycle and the August 9th 2021 week. Despite that, the market doesn't seem to be done buying as the pattern is an Ascending Triangle whose HH top is exactly on the 1D MA200. Those two along with the R2 level (0.6865) of the May 30th 2022 High make a Triple Resistance Zone. Consequently, if the R1 level is crossed, we will buy the breakout and target just under this Triple R Zone (TP = 0.67500). After that, the market may seek potentially a technical relief pullback to at least the 0.236 Fibonacci level.
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Cardano's Explosive Potential: Targeting $1 and Beyond Cardano (ADA) is about to explode with potential, aiming for a target of $1 and beyond!
Cardano, the blockchain platform that has been captivating the crypto community, is making significant strides towards becoming a force to be reckoned with. With its unique approach to scalability, sustainability, and security, Cardano has been gaining momentum, and the time to act is now.
Why should you be excited? Here's why:
1. Unleashing the Power of Proof-of-Stake: Cardano's innovative proof-of-stake (PoS) consensus mechanism sets it apart from other cryptocurrencies. PoS offers scalability, energy efficiency, and reduced environmental impact, making it an attractive alternative to the energy-intensive proof-of-work systems.
2. Smart Contracts on the Horizon: Cardano is on the verge of releasing its much-anticipated smart contract functionality through the Alonzo upgrade. This development will enable developers to create decentralized applications (dApps) on the Cardano blockchain, opening up a world of possibilities for innovation and growth.
3. Embracing Sustainability and Regulatory Compliance: Cardano takes a responsible approach by prioritizing sustainability and regulatory compliance. Cardano aims to foster trust and attract institutional investors by ensuring compliance with global regulations, further driving its growth potential.
Now, let's get down to business. It's time to take action and seize this incredible opportunity. Here's your call-to-action:
Long ADA now and position yourself for the Cardano revolution! With all the exciting developments in the pipeline, Cardano is set to soar to new heights. By taking a long position on ADA, you can potentially ride the wave of success and reap the rewards.
Remember, timing is crucial in the world of trading. As Cardano continues to gain traction and its value surges, you don't want to be left behind. Act now and join the ranks of forward-thinking traders who recognize Cardano's potential.
So, what are you waiting for? Open your trading platform, place your long position on ADA, and get ready to witness the explosive growth of Cardano firsthand.
Get ready to embark on an exhilarating trading adventure with Cardano!
ADAUSDTADAUSDT
We suggest considering the option with growth. If ADA manages to break through the green resistance line and consolidate higher, then the growth option will become a higher priority.
When breaking through the resistance line, you should pay attention to the following targets: 0.3749 – 0.4479 – 0.4978 – 0.5601.
The growth scenario will not be relevant if the price can break through the red support and consolidate below the level of 0.243
In case of growth, do not forget that the higher the goal, the more dangerous it is. Don’t be greedy and fix part of the profit in time so that a sharp drop does not eat up all the profit.
The idea is medium term.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
Cardano ADA/BTC Trade Opportunity ADA/BTC
Keeping it simple
▫️ 4th time ever weekly RSI was this over sold
▫️ 116 week High to Low completing 20th Nov
▫️ Breakout window 20th Nov 2023 - 29th Jan 2024
▫️ Bull trend confirmation = break above 50 week SMA
▫️ Great risk/reward here, stop under diagonal support
And then PATIENCE
ADAUSDT - WHALES Prefer a Lower Entry🐳Hi Traders, Investors and Speculators of the Charts 📈📉
A quick look at the Fractal that played out on Cardano during Jan - Feb 2021.
A Big demand zone lies a little lower towards the support, and if we take a quick look at Phoenix Ascending (EMA, RSI, LSMA and Momentum) more downward price action seems the most likely for the near future. However, trying to catch the exact bottom is a dangerous game, and I am happy with this entry and perhaps a little lower towards the lower support zone as pointed out on the chart.
If you like Fractals; you'll probably love this idea on BTC:
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Cardano's ($ADA) Golden Cross MovementTechnical Analysis
After trading sideways for the entire month of November 2023, ADA has reignited its upward trend, reaching a yearly high of $0.49. This increase in ADA’s value could be partially credited to the stabilization in the BTC price, which has enabled various altcoins to start regaining strength.
The immediate target for ADA investors is the psychological level of $0.5. Reaching this mark could lead to a temporary pullback. However, if ADA successfully surpasses this level promptly, it could potentially accelerate the uptrend.
A downward correction for ADA seems unlikely for now. In the event of a decrease, the asset might test support levels at $0.440-$0.460, $0.430, and $0.407-$0.420. ADA's overall positive trajectory is likely to continue as long as the BTC price remains stable above $39,000.
Candle sticks indicating bullish Movement
Three white Soldiers is depicted on this candle stick with a long doji being the retest here the market will keep on surging till the bulls get tired.
The 50-day Moving Average interpolates and crosses the 200-day moving average showing signs of a "Golden Cross" indicating further bullish trend.
🐋 Deep Dive Part II: Whale Behavior & Market Mastery!🌊📚 (Vid)Hey Crypto Enthusiasts! 🚀
In a recent analysis, I not only nailed Bitcoin's (BTC) movement but also illuminated the subsequent altcoin surge, driven by insightful whale behavior observations. Let's merge these insights with a focus on ADA (Cardano), OP (Optimism), SOL (Solana), and BTC. 📊
Cardano's (ADA) Meteoric Rise 🌟
ADA's journey began with a break above a pivotal support-resistance level. My entry point at 0.256 turned into a remarkable rally, hitting 52 cents. This movement was a classic case of altcoin buoyancy following Bitcoin's pause.
Optimism (OP) and the Altcoin Breakouts 🌈
In the shadow of Bitcoin's stagnation, altcoins like OP exhibited significant breakouts, showcasing the shifting focus of market whales from Bitcoin to promising altcoins.
Bitcoin (BTC) and Whale Dynamics 📉
Bitcoin's behavior provided a crystal ball into the whale activities. As BTC approached a major resistance level, it signaled a strategic move by whales to divert funds towards altcoins, catalyzing their surge.
Solana (SOL) and Market Trends ☀️
Solana's chart also mirrored this trend, highlighting the broader market dynamics influenced by these significant players.
🔍 Insight on Whale Behavior:
My analysis delved deep into the whale behavior, highlighting how Bitcoin's rally and subsequent pause was a precursor to altcoin dominance. This strategic pause in Bitcoin's ascent was a clear signal for the whales to redistribute their focus and capital, sparking a remarkable rise in altcoins like ADA, OP, and SOL. 🔄
The Bigger Picture - Understanding Market Shifts: What this trend teaches us is the importance of reading between the lines. Whale movements often precede major market shifts, and by understanding these patterns, we position ourselves to make informed decisions. 🧠
Future Outlook: As we continue to monitor these market dynamics, it's crucial to stay vigilant. The crypto market is known for its volatility, and while the current trend favors altcoins, it's essential to be prepared for any shifts that may arise. Always keep an eye on key resistance and support levels, market sentiment, and global economic factors that could influence the next big move. 🌐
Together, let's stay ahead of the curve in this fascinating and ever-evolving world of cryptocurrency. Your insights and engagement are what make this journey exciting and rewarding!
One Love,
The FXPROFESSOR 💙
part 1:
Cardano(ADA): Weekly Up By 28% 😮 / Will We Drop Now? Cardano (ADA) is experiencing a significant breakout on the weekly chart, as the recent candle has surged past both the descending channel resistance and the key horizontal zones. This impulsive move indicates a potential change in trend, suggesting that buyers are regaining control.
But what caught our attention is that the RSI has spiked into overbought territory. If the ADA sustains this momentum and closes the week above these crucial levels, it could signal the start of a more substantial rally. However, given the overbought conditions, we should be vigilant for any signs of a pullback or consolidation before the continuation of the uptrend. The next thing that is most likely to come is a re-test of that same broken trend, so eyes open!
Cardano Enters Buy with Strong Upward Channel - Time to Long ADAToday, I am thrilled to bring your attention to Cardano (ADA), as it enters a compelling buy phase with a strong upward channel. This is an exciting moment to seize, and I strongly encourage you to consider going long on Cardano. Let's dive into the details!
Cardano, the third-largest cryptocurrency by market capitalization, has been displaying impressive bullish momentum recently. Its price has been steadily climbing within a well-defined upward channel, indicating a positive trend that traders like us simply cannot afford to miss. The consistently higher highs and higher lows demonstrate the market's confidence in Cardano's potential for further growth.
The technical indicators for Cardano are also painting a promising picture. The Relative Strength Index (RSI) is comfortably positioned within the bullish zone, suggesting that there is still room for ADA to rally. Additionally, the Moving Average Convergence Divergence (MACD) indicator is showing a bullish crossover, further supporting the notion of an upward movement in the near future.
Considering these factors, it is evident that Cardano has tremendous potential for significant gains. As traders, we must identify and capitalize on such opportunities, and Cardano's current market conditions provide an ideal chance to do so.
Now, it's time for the call-to-action! I encourage you to take advantage of this bullish momentum and consider going long on Cardano. By opening a long position on ADA, you position yourself to benefit from the anticipated upward movement in its price. This could potentially yield substantial profits, allowing you to further solidify your trading success.
Remember, successful trading requires seizing opportunities when they present themselves. Cardano's upward channel and positive technical indicators indicate a highly favorable environment for long positions. Don't let this opportunity slip away!
As always, it is essential to conduct your own analysis and risk management before making any trading decisions. Keep a close eye on the market, set appropriate stop-loss orders, and continuously reassess your positions based on market developments.
So, are you ready to embark on this Cardano trading journey with me? Let's make the most of this bullish trend and aim for remarkable profits!
Wishing you a successful and prosperous trading experience!
🚧Cardano is Bullish now🚧 & many Traders don't see it 👀!!!ADAUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
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Cardano can continue to rise up to 0.42Hi everyone,
Cardano managed to break 0.35 resistance level and hold above it. Moreover it managed to rise up to local resistance at 0.38 price. At the moment ADA is trading in a narrow price range of 0.37 - 0.39.
For the past 4 weeks Cardano price increased on 60% and it has a good chance to continue to grow.
Next big resistance level for Cardano located at 0.42 price and it has good chance at least touch it but in order it to happen Bitcoin price should remain at the same levels and avoid big drops.
In case of correction on Cardano I expect that price will drop in 0.35 - 0.33 price range and after that can continue to rise.
Please, do not forget to boost this idea & share it with your friends; thanks.
Resistance of $0.45The current market valuation of ADA (Cardano) is exhibiting a significant approach towards a crucial resistance level, marked at $0.45.
This juncture is pivotal, as a successful breach above this threshold could potentially initiate an upward trajectory targeting the $0.50 mark, with a further possibility of extending gains towards the $0.55 level.
Conversely, should there be a rejection at this resistance point, ADA might find its immediate support around the $0.37 zone, which would be the next focal point for investors to monitor.
This analysis is for informational purposes only and should not be considered as financial advice.
ADA - Break or Make Zone ⁉️Hello TradingView Family / Fellow Traders,
ADA is currently hovering around a robust resistance zone highlighted in blue.
Weekly Chart:
📈 To maintain control and establish a long-term bullish perspective , a weekly candle close above 0.465 is essential for the bulls.
If achieved, a movement toward the next resistance at approximately 0.8 could be anticipated.
H4 Chart:
📉 Conversely , the bulls will remain in control unless the last low in red at 0.393 is broken downward.
In this case a bearish correction till the 0.31 mark would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
ADAUSDT Idea - CARDANO RallyHello traders,
I must admit, the current situation has me somewhat uncertain.
However, it's crucial to consider the potential for a significant price surge,
possibly reaching the $0.5500 range!! "Really!"
Stay vigilant and keep a close eye on the market dynamics.
BINANCE:ADAUSDT BINANCE:ADAUSD
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
ADA: Ascending Triangle BreakoutCardano (ADA) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle pattern, above $0.40 resistance, could signal continuation of uptrend, with near-term upside to $0.46. Previously, price broke above 200-day moving average ($0.30), which confirmed a bullish trend reversal to an Uptrend.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.040 – $0.42, then $0.46.
Cardano (ADA) Price Rises With Soaring TransactionsSignaling Institutional Interest Cardano (ADA) Price Rises.
Recent data shared by a renowned analyst suggests a notable surge in Cardano transactions exceeding $100,000 over the past three months. This spike is seen as a potential indicator of heightened interest from institutional players and whales. This also indicates an upcoming price surge for ADA.
The latest data by Cardano Explorer shows that at Epoch 450, 451, and 452, the transactions have significantly seen a rise above 1,500,00. The transaction signifies a strong institutional hold on Cardano.
Cardano’s Flourishing Ecosystem
Recently, the launch of 150 projects and the continuous work on 1,304 projects highlight a vibrant ecosystem. This could be another reason for Cardano’s soaring transactions.
The creation of a staggering 9.1 million native tokens showcases the extensive customization options available on Cardano. Moreover, the establishment of 81,447 token policies exemplifies the diverse utility of Cardano’s asset creation capabilities. This makes Cardano a versatile choice for blockchain projects.
A significant milestone is the processing of 79.2 million transactions, affirming Cardano’s reliability and growing institutional adoption.
In addition to the growth of its ecosystem and network activity, Cardano developers have been working on scaling solutions, increasing node efficiency, and generally strengthening the backend infrastructure. Moreover, the recent completion of Fund11 proposals stands out as a testament to the platform’s dedication to innovation and community-led project funding.
Taking the advancement ground further, Cardano’s recent launch of Girolamo, an internet-enabled generative chatbot also gathered many eyes. Nevertheless, the chatbot is built to respond to a wide range of inquiries, from daily to industry-specific.
The Surging TVL And Price
Cardano’s Total Value Locked (TVL) again skyrocketed above all others. According to Defillama, Cardano’s TVL surged more than 50% within the year reaching $340 million first time in 19 Months.
The top positions are held by Indigo, Minswap, and Liqwid. The top three Dapps hold 78% of the Total Value Locked (TVL) in the Cardano ecosystem.
This came after the recent development in the Cardano (ADA) space as well as the Bitcoin rally. Resembling the same, Cardano (ADA) price saw an increase of 3.10% over the last day and 6.66% over the previous seven days. At the press time, ADA is trading at $0.408803, with $380,221,658.42 worth of trading volume in a day.
$ada Cardano ready to breakout of accumulation Any day now LSE:ADA will breakout of over a year of accumulation. It is one of the few coins that haven't seen a significant rally as of yet. That is about to change in my opinion. A conservative price target would be $1.05ish where the 77 Vwma currently sits. A 155% gain. A timeframe on this would be about 2 months to target.
ADA: Ascending TriangleTrade setup : Price is approaching $0.40-$0.42 resistance zone, trading in an Ascending Triangle pattern. We wait for price break out, which would signal continuation of uptrend, with near-term upside to $0.46. Previously, price broke above 200-day moving average ($0.30), which confirmed a bullish trend reversal to an Uptrend.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.040 - $0.42, then $0.46.