Cardano could repeate the ethereum moveI will be waiting for cardano breakout and then a confirmation
In bullrun the start will be by ethereum, then large cap altcoins then small caps ,, we are now with altcoins large cap bullrun
ADABTC trade ideas
ADA/BTC Cardano is begging you to BUYI believe ADA/BTC looks extremely attractive right now. I recently posted about ADA/ETH and while it is up slightly, ETH is way too bullish right now for Cardano to make a strong relative move.
In our first bull move (#1), we appreciated 33% and retraced to the 0.5 line.
Bull move #2: 19% appreciation, retrace to the 0.382 line.
Bull move #3: 11% appreciation
I believe the compression of these rises bodes very well for ADA/BTC and meanwhile, we have cupping action that makes me more confident in the bullish support. Strong resistance around 0.00003170 has been tested and few times and the sellers should be nearly washed out by now. I expect a break of this line and a sharp rise to at least 0.00003465.
Even if we break below the lower trendline, I will not be concerned. If we break below the previous structure low at roughly 0.00002870, I will begin to reconsider.
TP1: 0.00003465 (+12%)
TP1: 0.00003547 (+15%)
- Sultan of Chart
Published trade stats:
Wins: 2
Average gain: 8.5%
Losses: 0
Pending: 3 (including this idea)
ADABTC cup & handleADABTC has formed cup & handle as continunation pattern.
entry price 0.00003000 BTC
target 0.00003888 BTC
stop loss 0.00002678 BTC
ADA/BTC - Cardano - Technical Analysis - BullishADA Cardano breaking pivot point on the 3hr and 4hr charts. Target to 2.618 fib at 3400 satoshi
Cardano potential 90% profitLooks like Cardano has formed a clean "cup and handle" and according to this promising pattern it must go up from here to 5900 - 6000 sats area. lets see!
ADAADA nearly made it but got stopped by nasty stocks dump. Now growing there again. Breakout above can take it to the next resistance at 3600-3800.
ADA looking bullish vs BTCADA has had a candle close on the 4H above the previous BTC resistance level, which was first rejected in February if we can close a daily candle above we could continue to see upward momentum.
ADA/BTC Update: Breakout of consolidation flag. What's next?Cardano broke out of it's Head and Shoulders pattern some weeks ago.
We've seen a consolidating bullflag which stayed for some weeks.
Finally ADA broke out of it and continues it's upwards move.
Smart contracts are set for August this year which is still some time.
Since we did not breakt fully through the nearby resistance we also could see a pullback before we finally get through.
Cardano is one of the most bullish longterm coins.
Already done:
- Mary Hardfork
- Coinbase listing
- Africal Special
- 100% decentralised
Upcoming:
- Smart contracts
- Grayscale
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Cardano / btcDo you guys think that cardano’s correction is going to end??
📍 Based on time analysis I have set 2 very important dates for the end of correction waves of cardano
🕔 this may not happen on the exact dates but we should be aware to see the market’s reaction on those days.
📍 we can clearly see the first and third E-Wave on the chart; thus another 5th wave still remains.
⚠️⚠️⚠️my charts does not recommend any buy or sell signals please do not open any positions based on my signals
🤞🏽Wish everyone luck 🤞🏽
🤔 ask me if you have any questions please 🤔
$ADA - Update $ADA - Update
Broke out from the ascending channel with volume.
200% till next ATH.
1.618 Fib retracement matches with the next big resistance created at the beginning of 2018.
Cardano tired, time for a tea. Hello trenders and friends,
Today we be looking at Cardano retreat for a healthy bull trend.
There is plenty room for growth supported by a positive trend, not to mention the smart team and project behind.
I see a small correction and establish dominance at this levels coming through before price action.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
If ADA to the moon?If ADA breaks the 0.00002689 level it's gonna be big! If not probably going back to 0.00002282
ADABTC: 0.00004793 to 0.00005549 BTC Potential by June, 2021Hi Everyone! Simply wanted to point out ADABTC also looks bullish for the Near to Mid Term.
