The current price of ADA is $1.075. To trade long or short ADA, it involves a series of strategies such as choosing the entry point, take profit point, and stop loss point. These strategies may vary depending on market sentiment and price trends.

  • This report analyzes the short-term, medium-term and long-term trends of Cardano (ADA) based on the current market dynamics, and combines the long-short ratio, closing strength, opening points, take-profit and stop-loss points to form a complete trading strategy recommendation.

Market Overview

  • Current market price: 1.075 USD

  • Contract price: 1.075 USD

  • Current time: 2024-11-23 18:12:34

  • Total market value: 38,498,615,370 USD

  • 24-hour trading volume: 8,687,098,596 USD

Long-Short Ratio

Exchange name Long-short ratioBinance 1.25OKX 0.90dYdX 1.05Crypto.com 1.10BingX 1.15Bitget 0.95Deribit 1.30Bybit 1.20

  • According to the long-short ratio across major exchanges, market participants are slightly tilted towards the long side of ADA.

ADA Close Strength

Price range Cumulative short position liquidation strength (billion) Cumulative long position liquidation strength (billion) Leverage type Liquidation strength (billion) >1.10 USD1012100x5>1.05 USD8950x4>1.00 USD5725x3<1.00 USD3610x2

  • In different price ranges, the closing intensity data shows the density of long and short position closings.

Trading strategy recommendation table

Time PeriodLong Opening PointLong Take ProfitLong Stop LossShort Opening PointShort Take ProfitShort Stop LossTrendShort Term (15 Minutes)1.071.101.051.091.061.12NeutralMedium Term (4 Hours)1.061.121.031.111.051.14BullishLong Term (24 Hours)1.051.151.001.131.041.18Bullish

Specific strategy recommendations

  • Short term (15 minutes)
    According to the current market sentiment, it is recommended to open a long position at 1.07, with a target take profit point of 1.10 and a stop loss point of 1.05.
    If the market sentiment tends to be fearful, it is recommended to open a short position at 1.09, with a target take-profit point of 1.06 and a stop-loss point of 1.12.

  • Mid-term (4 hours)
    Based on market sentiment, it is recommended to open a long position at 1.06, with a target take profit point of 1.12 and a stop loss point of 1.03.
    If the market trend shows a downward trend, it is recommended to open a short position at 1.11, with a target take profit point of 1.05 and a stop loss point of 1.14.

  • Long term (24 hours)
    According to the market sentiment, it is recommended to open a long position at 1.05, with a target take profit point of 1.15 and a stop loss point of 1.00.
    If the market trend shows significant weakness, it is recommended to open a short position at 1.13, with a target take-profit point of 1.04 and a stop-loss point of 1.18.#ADA.24小时交易策略