CARDANO ADA Retesting SeekingPips' KEY PRICE LEVEL🟢Identifying key PRICE LEVELS is key to finding great trading OPPORTUNITIES however SeekingPips' OPINION is that PRICE ALWAYS comes SECOND TO TIME.
ℹ️ If there is REALLY A SECRET SAUCE to trading that is it.
🟢 SeekingPips says "TIME then PRICE" ALWAYS.👌
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ADAUSD.P trade ideas
ADAUSD What does SeekingPips think? ADA Key PRICE what about TIMAs you know my now SeekingPips often consider TIME more important than PRICE when analysing any TIME and PRICE chart.
🟢 There is no difference here with ADA.
ADAUSD is not really something that has really been on our radar but NOW THINGS MIGHT CHANGE.
⭐️TIME & PRICE have met in a crucial space and SeekingPips likes what he sees.⭐️
🟢 The next 9 hours are very important for the longer term PRICE on this.
🟢 Our key level is shared on this chart.
Currently favour the long side but we have no valid trigger to get involved.
🟢 SeekingPips will be watching this one closely this morning.
✅️ Have a GREAT DAY & Like Always Manage Your Risk and the PROFITS will take care of themselves.
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Cardano (ADA): Bearish Momentum Expected to Continue Near Key R🔥 Potential Price Targets for Next Month:
🩸 Near-term Goal: $0.95
🩸 Long-term Goal: $0.85
🔥 FinCaesar's Strategy:
🩸 Short: Below $1.00, targeting $0.95 and $0.85. Bearish MACD momentum and continued selling pressure support further declines.
🩸 Long: Above $1.08, aiming for $1.10 and $1.15. A reversal would require significant bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $1.08 — The next key resistance level for the bulls to challenge.
🩸 Support: $0.85 — Breaking below this level could open the door for further declines.
Cardano continues to face downward pressure, with MACD showing weakening bullish momentum. A breakdown below $0.85 could signal more significant declines in the coming month.
👑 "Only those who act swiftly will secure victory—move without hesitation." — FinCaesar
ADA/USDT Bullish Setup Gartley Bullish Harmonic Pattern1. Market Analysis:
Asset: ADA/USDT (Cardano vs. USDT)
Pattern: Bullish Gartley harmonic pattern detected on the daily timeframe.
Key Levels: Price is approaching the D-point, which is at the 78.6% Fibonacci retracement of the XA leg, near a strong support zone, signaling a potential bullish reversal.
2. Gartley Pattern Details:
XA Leg: Strong initial move upward.
AB Leg: Retraces approximately 61.8% of XA.
BC Leg: Extends between 38.2% and 88.6% of AB.
CD Leg: Completes at 78.6% retracement of XA (D-point).
D Completion Zone: A critical area to monitor for bullish price action.
3. Trade Setup:
Entry Point:
Enter a long position at or near the D-point when a bullish reversal signal is confirmed (e.g., bullish engulfing, hammer candlestick, or a pin bar).
Stop-Loss:
Place the stop-loss slightly below the D-point or the nearest support level to protect against pattern invalidation.
Take-Profit Levels:
TP1: 38.2% Fibonacci retracement of the CD leg.
TP2: 61.8% Fibonacci retracement of the CD leg.
TP3 (Optional): Full retracement to the XA high.
4. Risk Management:
Position Size: Use proper risk management, risking no more than 1-2% of your trading capital.
Risk-Reward Ratio: Aim for at least a 1:2 risk-reward ratio.
5. Additional Confirmation:
Volume Analysis: Look for an increase in volume as the price reaches the D-point, which indicates strong buying interest.
Oscillator Signals: Use RSI or MACD to confirm oversold conditions or bullish divergence near the D-point.
6. Trade Execution:
Order Placement:
Set a buy limit order near the D-point if confident in the pattern.
Alternatively, wait for a confirmed bullish signal before entering the trade.
Trail Stops: Adjust stop-loss as the trade progresses to secure profits and reduce risk.
Price rejection at key area of support.The daily candle has closed bouncing of a strong zone of support at ~.945249 which is also an area that is respecting my trendline. There is no official buy signal as of yet to play it safe - the official buy signal is once price reaches past the area of resistance ~1.007413 AND fully engulfs the daily candle that closed today. Large selloff on all cryptos today so potentially some buying pressure will return to the market tomorrow.
ADAUSD bullish reversalHi traders,
ADAUSD broke out of a falling wedge pattern, signalling a potential bullish reversal. We expecting the price will reduce a little bit lower at the buy sone and after that it will continue the uptrend, aligning with a key support zone.
A long position could be considered if the price holds above this zone.
Cardano (ADA/USD): Facing Key Resistance After Recent Surge🔥 FinCaesar's Strategy:
🩸 Long: Above $1.08, targeting $1.15 and $1.20. A breakout with volume could confirm bullish continuation.
🩸 Short: Below $1.00, aiming for $0.90 and $0.85. Failing to hold $1.00 support may lead to further declines.
🔥 FinCaesar's Commands:
🩸 Resistance: $1.08. A move above this level could fuel bullish sentiment.
🩸 Support: $1.00. Breaching this level may signal the start of a bearish correction.
Cardano is consolidating after a significant rally, with MACD showing signs of weakening momentum. Traders should watch key levels closely as market sentiment remains volatile.
👑 "Precision in execution separates the bold from the ordinary." — FinCaesar
ADA Trading PlanADA is in a parallel channel.
Momentum is so far strong after making a move down from the upper end of the channel.
CPI release is tomorrow and this could create the volatility needed to send it down to the bottom of the channel as shown (orange).
Alternatively it could come ripping higher straight away but it does seem like a flush down is the more likely scenario at this stage.
No trades yet, but a long position would be favourable at the bottom of this channel if it arrives there as shown.
CARDANO Mega rally starting first to $3 then top expected at $5Last time we looked at Cardano (ADAUSD) we gave a confident medium-term buy signal (November 18 2024, see chart below):
Today, having seen a very strong closing to the year last week and especially since the price bounced off the 1W MA200 (orange trend-line), we are making a long-term call towards the top of the Cycle.
Technically ADA's historic pattern is a Channel Up and if we draw its Fibonacci levels, the price is currently within the 0.5 - 0.618 range. That is exactly where it was during the same stage of the previous Cycle in January 2021. As the 0.5 Fib held, once it closed a 1W candle above the 0.618, the price skyrocketed to the 0.786 Channel Fib and tested the previous All Time High (ATH).
We can see the amazing symmetry between the Cycles on the 1W RSI fractals too. As a result, our next immediate Target for ADA is near the previous ATH at $3. Beyond that, we expect the Cycle to top at $5, which is marginally below the 1.236 Fibonacci extension, which was where the August 2021 Cycle Top was priced.
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CARDANO // long expansionThe bullish trend is valid on all the major timeframes, and the market is at the daily target fibo 61.8, already above the last clean breakdown - the border of the expansion phase.
Daily chart:
If this small countertrend is broken (at the trigger zone), the first target is the daily peak (target fibo 100).
———
Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
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Long Opportunity on ADA/USDEntry Point: Around $1.05–$1.07 (expected retracement level before continuation upward)
Take Profit (TP): $1.40 (Key resistance level)
Stop Loss (SL): $1.00 (Below support and retracement zone)
Explanation:
Trend and Momentum:
ADA/USD is in an upward trend, making higher highs and higher lows, suggesting bullish momentum.
The price recently broke through a resistance zone and is now likely to retrace slightly before continuing upward.
Retracement Levels:
The area around $1.05–$1.07 represents a strong support zone where buyers are likely to step in.
This zone aligns with previous consolidation and breakout levels.
Profit Target:
The $1.40 level is a strong resistance zone and aligns with projected upward momentum, providing a logical exit point.
Risk Management:
Stop Loss at $1.00 protects against a potential bearish reversal while providing room for normal price fluctuations.
The risk-to-reward ratio is favorable, making this a high-probability trade setup.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk and may not be suitable for all investors. Make sure to conduct your own research and consult with a licensed financial advisor before entering any trades.
Cardano/USD 12H sell opportunityLast week I shorted already ADA/USD but on the 4H timeframe.
I closed that trade because the sellers didn't pushed the price down strong enough.
Looking back my trading decision was good but only zoomed out on a higher timeframe 12H.
Now I'm looking again to the trade on the 12H timeframe and see still a good sell opportunity.
The supply zone is strong and price cannot break trough bullish.
Also BTC is stalling arround the 99K lvl support, ETH is also near a small demand zone on the 12H.
This makes me confident to short this pair with a direct market order. Im in at this moment the market will move down next week temporary.
Cardano (ADA): Testing Major Resistance🩸 Long: Above $1.10, aiming for $1.15 and $1.20 as bullish targets.
🩸 Short: Below $1.00, targeting $0.95 and $0.90 for potential downside.
🩸 Resistance: $1.10. Breaking this level signals further upside to $1.15 and $1.20.
🩸 Support: $1.00. Falling below exposes $0.95 and $0.90 as critical support levels.
🩸 Analysis: Cardano has rebounded strongly and is approaching key resistance at $1.10. The MACD is turning positive, signaling potential bullish momentum. However, volume confirmation is crucial for a sustained breakout. Failure to hold $1.00 may result in a pullback toward lower support zones.
👑 "Strength lies in patience—those who wait seize the rewards."