SYMBOL: BINANCE:ADAUSDT | DIRECTION: LONG 1st, then SHORT @ 50 | TIMEFRAME: 8-Day Published: April 2026 Right. So. Cardano, that failed crypto experiment. I want you to take a moment. Look at the chart. Really look at it. Notice the two large red arrows showing 90% crashes. Notice that after the first 90% crash, the response from the Cardano community was essentially “this is fine.” Notice that we are now, and I cannot stress this enough, in the setup for another one? The chart is kind enough to label exactly where we are in this sorry saga. Wave 4. That’s the bounce, a bull trap. The dead cat, dressed up in a blazer and presented to the public as a recovery. It is not a recovery. It is the market offering ADA holders one final, generous opportunity to exit, before wave 5 arrives and takes what little remains of their investment. An investment they were promised would lead to riches, instead, rags now seem expensive. A number of things are happening on the above 8-day chart. You should probably pay attention to them. You won’t. But here they are: 1) Elliott Wave structure. Wave 4 is a bounce, not a rescue. The count is annotated on the chart. (1-2) up. (3-4) up again. (5) down. Wave 4 in a bearish impulse exists for a single purpose: to give the remaining bulls sufficient hope to stay positioned before the final leg removes them. The target for wave 4 is approximately 50 cents, the blue horizontal resistance zone that has already rejected price on multiple prior occasions. If you want to trade that bounce, fine. Entirely up to you. Just be very clear about what comes after it. 2) Bear flag. It’s on the chart. In writing. A bear flag is what happens when a market declines sharply, pauses to allow the optimists back in, and then resumes declining. The continuation target of this particular bear flag sits at approximately 10 cents. I didn’t draw the flag. The market did. I’m just reading it out to you. 3) The prior 90% collapse. Nobody learned anything. Two are now shown on the chart with red arrows and percentage labels, which is a level of transparency I can respect. The first: a 90% collapse from the 2021 peak. The second: another 90% decline in the subsequent cycle. After each, the community produced detailed and passionate explanations for why the next move would be different. It wasn’t. The word “different” is doing extraordinary structural work in this community and I think it’s time it was given a rest. 4) The RSI is at the floor. I know what you’re thinking. “Oversold! Buy signal!” Right. It was also oversold at $2.50. And at $1.50. And at $0.90. Oversold in a structural downtrend is not an invitation to buy. It is a description of how many people have already lost money on the way down. It is not asking for company. Targets 1st target: $0.50, the wave 4 rejection level at horizontal resistance. The bounce. Brief. Don’t get attached to it. 2nd target: $0.10, the wave 5 completion and the bear flag measured move. What cancels the thesis? A confirmed 8-day close above the bear flag resistance and the blue horizontal band invalidates the setup. That would be genuinely impressive and I would acknowledge it fully. I would then check whether I had left anything in the hat before handing it over. Instead wave 5 completion confirms a rather larger head and shoulder patterns instead. A brief word on the fundamentals Cardano has been promising to be the future of decentralised finance for approximately a decade. It remains, by most measurable metrics, very much still promising. The academic rigour of its peer-reviewed development process is cited frequently and enthusiastically as a competitive advantage. The speed at which this rigour has failed to produce material real-world adoption is cited considerably less frequently. I’m not saying it’s a bad project. I’m saying the chart has now drawn two enormous red arrows on itself and written the word “oblivion” in the middle. Let's face it, this projects is toast. Is it possible ADA surprises everyone, breaks the bear flag upward, and renders this entire analysis embarrassing? Yes. Is it probable? Look at the chart. Read the blue text. Then decide. Good luck. You’ll need it. Ww ============================================================= Disclaimer : This idea is for educational and informational purposes only. It is not financial advice. Trading cryptocurrencies involves substantial risk of loss. Always do your own research and consult a qualified financial adviser before making any investment decisions. Past performance is not indicative of future results.

Cardano is has been loosing volatility and volume overall. I believe Cardano is setting up to finish a triangle before it drops for the last part of the correction. We still need to finish this white Primary wave ((2)). I have thoughts about it's could take os all the way down to the 0.01 level before it's done. How ever price will act, I believe we still have finish of three waves to the downside, before we will go up. These waves are Primary white ((2)), Intermediate green (C) and last purple minor 5. Cardano has currently dropped about 92% since All time high. It will need to do some magic before we will see a very strong wave 3.

The ADAUSD pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a sideways consolidation, potentially setting up for another move lower if resistance holds. Key Level: 2,740 This zone, previously a consolidation area, now acts as a significant resistance level. A failed test and rejection at 2,740 would likely resume the bearish momentum. Downside targets include: 2,300 – Initial support 2,208 – Intermediate support 2,085 – Longer-term support level Bullish Scenario (breakout above 2,740): A confirmed breakout and daily close above 2,740 would invalidate the bearish setup. In that case, potential upside resistance levels are: 2,850 – First resistance 2,950 – Further upside target Conclusion ADAUSD remains under bearish pressure, with the 2,740 level acting as a key inflection point. As long as the price remains below this level, the bias favours further downside. Traders should watch for price confirmation around that level to assess the next move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.

Cardano is trading in a tight range between $0.2463 and $0.2540, showing short-term weakness after forming a lower high and lower low structure. Key levels: 🔴 Resistance: $0.2495 / $0.2507 (EMA-20) / $0.2540 🟢 Support: $0.2474 (Bollinger lower band) / $0.2463 / $0.2440 Scenarios: 📊 Base (50%): Range-bound between $0.244 – $0.255 🟢 Bullish (25%): Break above $0.2540 + RSI > 50 → target $0.2680 🔴 Bearish (25%): Daily close below $0.2463 + RSI < 40 → targets $0.244 → $0.2380 Indicators: RSI (14h): 40.41 — fading momentum MACD histogram: bearish acceleration Bollinger Bands width: 2.9% — moderate volatility Strong bearish candle on Apr 27, 04:00 UTC with elevated volume Conclusion: No clear breakout yet. Watch $0.2463 as the critical support. A hold keeps the base scenario alive. A break lower opens the path to $0.2380.

Major multi-month level in play ~$0.24 acting as support at monthly support with multiple reactions → a well-established level that has repeatedly attracted buyers, making it technically significant but also increasingly exposed Pressure from above Lower highs continue to form → each rally is being sold earlier than the last, showing sellers are becoming more aggressive into strength Structure still bearish Clear sequence of lower highs and lows, with price capped by the falling 50 EMA → rallies lack follow-through and trend direction remains firmly to the downside Compression into support Descending triangle structure forming → price is being squeezed into support rather than bouncing away from it, often a sign of building pressure Repeated tests Multiple touches of support with diminishing reactions → buyers are holding the level, but not pushing price meaningfully higher Momentum + behaviour RSI hovering around 50 → reflects indecision, but notably no strong bullish divergence despite being at a major level What matters here Hold = likely short-term relief move back toward the descending resistance Break = confirms bearish structure and opens continuation lower In Summary Cardano is testing a major monthly support level around $0.24 that goes all the way back to December 2022, with price compressing into it within a daily descending triangle. Although these patterns can be subjective at best, and considering there are no bullish divergences, this suggests lower prices and a downside resolution is more likely. Lower highs and a clear bearish structure show ongoing selling pressure, while repeated tests suggest the level is weakening. Momentum remains neutral, with no strong buying response despite the significance of the zone. This creates a critical setup, where holding support may lead to a relief bounce, but a breakdown would likely trigger continuation of the broader downtrend.

This is the last chance. I shared with you several entries for ADAUSDT with really high leverage, 10X. This is an incredible opportunity and one that doesn't repeat very often. There will be many instances in which ADA can be traded with leverage but never at this price, with super low risk. The bottom doesn't happen often, it only happens once. The last time we saw this type of chart setup supporting such an amazing trade was November 2024. It is running late. Time is running out. Bullish because support was never tested. Bullish because the altcoins are bullish. Bullish because Bitcoin is bullish. Cardano is bullish because it is obvious—it is going up. Full trade-numbers below: ______ LONG ADAUSDT Leverage: 10X Potential: 2370% Allocation: 5% Entry zone: $0.2320 - $0.2550 Targets: 1) $0.2950 2) $0.3333 3) $0.4098 4) $0.4800 5) $0.5262 6) $0.6203 7) $0.7143 8) $0.8483 Stop: Close weekly below $0.2285 _____ This is a high probability trade. Bitcoin is trading almost at $80,000 while Ether is above $2,200. This would be equivalent to ADA trading at the least at $0.35, yet, the price right now is so low. All the planets are still moving forward. We have a very long, prolonged, build-up process with hundreds if not thousands of full confirmations. Hundreds of smaller projects already broke bullish with force. This is it, a great chance to go long. When certain, go all-in. This is the final call. Namaste.

Here’s an up-to-date #ADA/USDT Buy trade outlook (technical + fundamental) to help you assess whether positioning for a Downside makes sense right now. Thank You......

The ADAUSD pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a sideways consolidation, potentially setting up for another move lower if resistance holds. Key Level: 2,740 This zone, previously a consolidation area, now acts as a significant resistance level. A failed test and rejection at 2,740 would likely resume the bearish momentum. Downside targets include: 2,300 – Initial support 2,208 – Intermediate support 2,085 – Longer-term support level Bullish Scenario (breakout above 2,740): A confirmed breakout and daily close above 2,740 would invalidate the bearish setup. In that case, potential upside resistance levels are: 2,850 – First resistance 2,950 – Further upside target Conclusion ADAUSD remains under bearish pressure, with the 2,740 level acting as a key inflection point. As long as the price remains below this level, the bias favours further downside. Traders should watch for price confirmation around that level to assess the next move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.

#ADA has successfully broken out of a falling wedge pattern 🚀, currently consolidating above the upper trendline. Traders are now looking for a push toward the identified target levels around 0.2600. Patience is key as bullish patterns often lead to significant upward momentum after a breakout 📈. #ADA #crypto #technicalanalysis #breakout

The Macro View 🛰️ Cardano remains one of the most technically resilient assets in this April cycle. Following the successful deployment of the Van Rossum Hard Fork, network efficiency has spiked, drawing in fresh institutional interest. While the market is currently distracted by USD/JPY volatility and the 160.00 psychological level, ADA has been quietly consolidating in a very healthy accumulation zone. On-chain data continues to show aggressive whale accumulation, suggesting that the smart money is betting on a breakout as the month closes. The Setup: Ascending Channel Pattern 🧩 The 1-hour chart reveals a textbook Ascending Channel: The Support Line: ADA has just finished testing the lower boundary of the channel. This "Support line" has been defended three times in the last 48 hours, confirming that buyers are stepping in with significant volume at the $0.2450 – $0.2470 level. Price Action: We are seeing a series of higher lows, which is a classic signal of bullish continuation. The recent "shakeout" below the channel midline was quickly bought up, showing that the bulls are still in control. The Momentum: RSI is curling upward from the oversold territory, providing the "technical fuel" needed for a move to the upper boundary. The Roadmap: Destination $0.2530 🎯 As indicated by the blue projection, the path of least resistance is toward the channel ceiling: Immediate Entry: The current zone ($0.2480 – $0.2495) offers a solid risk-to-reward ratio. The Target: The upper "Target" line near $0.2530 – $0.2540. The Logic: In an ascending channel, price naturally seeks the upper liquidity zone after a successful support test. Invalidation: A sustained 1H close below the $0.2440 support line would negate this bullish thesis and signal a shift to a neutral/bearish stance.