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ADABTC trade ideas

Time to sell soon?!The restistance above seems to be a hard nut to crack. The bulls tried several times now to break trough but did not succeed. The rising wedge finally broke to the upside, followed by an immediate rejection. Altghough there was sufficient volume at first glance it was not enough to start the next leg up. From a technical point of view the upward trendline has already broken and the daily MACD is crossing bearish. The orderbook on binance marks a shrinking demand which might be yet another indicator we go down soon. I'd be rather short here but I will keep still until the direction is clear since the bulls didn't gave up completely yet. Maybe there will be another last try to push to the upside but there is plenty of bearish volume sitting around 7000 Sats. Anyway, be ready for a decisive move soon.
Short
by Klataro
ADABTC WK1: CARDANO 40%+ CORRECTION WARNING(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! ADABTC WK1: CARDANO 40%+ CORRECTION WARNING(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: ADABTC WEEKLY chart review ::: ALWAYS DO YOUR OWN DUE DILL ::: very heavy overhead resistance ::: and supply zone for ADABTC ::: limited upside from here ::: CARDANO 40%+ CORRECTION SOON ::: be careful / don't get caught up ::: CORRECTION MODE SOON ::: expecting correction/pullback mode ::: previously maxed out and ::: distribution wave 2 break down ::: STAGE2 DUMP pending soon ::: weak bounce possible from here ::: STAGE2 DUMP up to 50% LOSSES ::: BE CAREFUL and don't get caught in this ::: market not ready for BULL RUN yet ::: correction MODE to extend into SEPT/OCT 2021 ::: similar setup in other alt coins so be careful ::: also overextended right now ::: BULLS remain on sidelines and ::: good luck traders! 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION MODE ::: Sentiment short-term: BEARS/CORRECTION MODE RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
23
ADA/BTC: OverviewCardano/Bitcoin ratio it's bullish in Daily timeframe. So, in this way Cardano it's continue climbing in front of Bitcoin ratio to reach the 0.00007 BTC or satoshi as you want. And also, we have in few days to closed up the monthly timeframe. Cardano worth 0.00006 BTC for now!!! But, I believe that in the next month, Cardano will be more higher in this ratio. That it's absolutely so bullish in Cardano So, if you have 1,000 ADA = 0.06 BTC worth. If you have 10,000 ADA = 0.60 BTC worth As I know, I been accumulating Cardano and I hold 13,671 ADA and in my trading account I have 1,982 ADA. I have a sum of 15,663 ADA in hold. Just that I have a some part in my trading app. And my 15,663 ADA i's worth in Bitcoin near of 0.94 BTC. I have in worth 0.94 BTC in my Cardano value. So, it's incredible and I'm so near to get my 1 BTC soon. So, my goal at the moment it's reach 17,000 ADA step by step. As I have left 1,337 ADA to accumulate in my trading app. I just hold continue holding Cardano.
Long
by harisonhbn9718
1
Realistic dubious speculation of 4HR Based on an multi-timeframe analysis of ADAUSD, BTCUSD, ADABTC. Expecting a pullback to previous support levels in the near future. If the downside goes to 0.00004859 it might be a good time to bet the family farm tree before the next resitance test. Careful here as the euphoric hype skiiers will prepare for a jump to the upside though looking at the longer timeframes I think this is a false flag and the price will continue downwards. Rest of the chart self-explanatory though it is likely that the road to heaven starts October-November. I hope I'm wrong and the price trends up always. Be careful and take care.
by b1g5mo