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Cardanobtc

Altcoins are slowly getting ready for rally. ADA/BTCAfter Bitcoins rally to over $12,000 and BTC Dominance sitting around 62% lot of people experiencing fear of missing out this pump. What is probably smarter is to wait for a pullback of some sort or period of consolidation, this will give room for altcoins to push higher as well. We can see a reoccurring pattern in xxx/BTC pairs where most of them sitting below HTF supports, once these supports are broken and tested we can find great buying opportunities. Making a higher high after breaking support level will increase the probability of this price action pattern.
Long
by FTMO
June 15 Hoskinson promises updates cardanoCardano is in an exciting transition stage. The project has long combined thoughtful product vision with research-driven specification and evidence-based development processes. Still committed to that rigor, we’re now making the jump to a new stage of development where first-ever-in-the-world new capabilities are delivered. The rubber is starting to hit the road. As we are making this transition we recognize that we need a better way to communicate how Cardano’s 2020 vision is being delivered, and that we should do a better job keeping the community informed about our status against those goals. Here is what we are doing to accomplish those things. We are working on the redesign of the Cardano website. You can see if that)
by IgorPorokh
1
ADABTC – sweet breakout – 70% gain possible – 1 monthHi Guys! We have the other delicious trade for you today. Some of you may already have seen this. ADA is about to start its rally . Why? Here are the technical analysis details : • The price has touched one of the lowest levels ever at 0.00000940 • Bullish ascending triangle observed – breakout at the level of 0.00001160 (let’s wait till the new 1D bar opens above this level) • According to the ascending triangle pattern theory the minimum target is at 0.00001433 • Since the beginning of May massive volume/interest observed • Ichimoku Cloud - the price broke TenkanSen(red) and the bottom of the cloud . This is bullish . • Further targets possible 1. 0.00001500 2. 0.00001700 3. 0.00001950 ( 70% profit from the current price level) So this looks promising. Stay cool and don’t panic . Let the price/chart to develop . Are you in? Let us know in the comment section. Thank you for reading. Hit a like to support. MASSIVE Hugs! WBM Team
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by WBM_Team
ADA Price SqueezeQuick TA on Cardano ADABTC, We see a tightening of the bollinger bands as the price coils within its wedge, signalling a possible breakout. Price has shown stability from the shorter to the longer MAs (50/100/200) in the subsequent days leading up to this squeeze, indicative of a likely break to the upside. Also note, the 50MA (in green) has crossed the 200MA (in red). Based on support/resistance levels RR Ratio about 3:1, quite favourable Short term target breakout levels 1129sats 1217sats Look at longer time lines to plot this possible bullrun.
Long
by gingerbre4d
1
There is a trading opportunity to buy in ADABTCTechnical analysis: . Cardano/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. . The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001060 to 0.00000975). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001060) Ending of entry zone (0.00000975) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001210 TP2= @ 0.00001380 TP3= @ 0.00001510 TP4= @ 0.00001700 TP5= @ 0.00001900 TP6= @ 0.00002440 TP7= @ 0.00002800 TP8= @ 0.00004020 TP9= Free
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by ForecastCity
2
Just as Expected ADA below 200 maAnd of course the market never does what we want it to do. We bounced off the 50 ma. We have to see how much btc is going to drop to see how low this thing can go. If we can stay above the 50 ma then we have a nice pattern forming here. but if we drop we might will likely visit 1000 st. If Btc makes a 20-40% retrace on the weekly we might be in for a low ride on ADA. Ill be targeting .618 fib on btc and 6k area. if we break this current BTC support. Either way we need a healthy retrace. Market looks very healhy overall. Thumbs up if you love cardano.
by cryptozombie787
Cardano is a good buy.Obviously this is my opinion. We just passed the 200 ma. Very risky market. I do not have any stop losses at the moment, because i do not want to sell in these conditions. i have some early positions from 2017 and 2019 at around .04 so I'm ok for now. , but i will buy at 1000 st if we visit again. I like this project overall and i am willing to risk some of my portfolio for the LONG, LONG haul. Please thumbs up if your bullish on cardano for the long term. Also comment if i am making a stupid mistake let me know what you think please... Thank you and blessings.
Long
by cryptozombie787