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ADABTC trade ideas

Bullish on ADA/BTC near termCardano’s ADA showed strong performance this year, beating the 2018 all-time high of $1.2 and surginng even higher. Yet in BTC terms it was slightly less impressive. In March ADA even lost 20% in BTC terms. We’ve asked Hybrid Intelligence the following question about ADA’s near-term prospects: “The cryptocurrency Cardano (ADA/BTC) settled at 0.00002086 BTC at 09:06 AM UTC at the binance exchange on Friday, April 9. In your opinion, will ADA/BTC trade above 0.00002312 BTC (+10.84%) at any time before April 20?” ------------------------------------- Assurance: 88% That's clearly a bullish indicator. The target is also within the range that was observed in March. So if the forecast is correct, that would not necessarily be a trend reversal but could simply be a continuation of the sideways trend.
Long
by Cindicator
ADABTC Highly CorrelatedSo far ADABTC chart looks a lot like the Bitcoin chart sharing the same dips and explosive growth region. I would suggest that we are not over in this bitcoin bull run and might still see another 10x in the price of bitcoin. An investment in ADABTC would expose you to the increase in the price of bitcoin. It would also increase your store of bitcoin. If it matches the growth of bitcoin for ada then you could see a 10X increase in your supply of bitcoin. When this is combined together we could see a 100X increase by the time of market top.
Long
by DrSilasWiggin
AADA/BTC is clearly highly correlated with the bitcoin bull runWhen you look at a chart of the yearly increase in bitcoin so far in 2021 and the chart for ada the two are starkly similar. The periods of extreme growth in Feb, March and April and the periods of pull back are very similar. ADA in addition however is increasing in value related to bitcoin. My trading idea here is that an investment in the alt coin ada all expose you to 1) the increase in price in bitcoin and 2) increase in the amount of bitcoin you own. Potentially I can see another 10X in this market to market top. This would mean and investment here would compound to a 100X return. Who can say no to that? The set of this is if we see this ticker increase significantly in the next bitcoin explosive move upwards which should be due in April / May 2021.
Long
by DrSilasWiggin
ADA to break out .... eventuallyADA will eventually break out of the current triangle it find itself in, but there will be one or two downs along the way AMCD is looking very flat and so is the RSI Because volume is rather low, this indicates that traders are waiting for a stronger buy signal and are expecting the price to dip a little further, (Holders keep on holding and buyer want to buy lower). Looking at the fib we are stuck around the 0.618 level, once we break above it we should climb to 0.382 ... and back down again before breaking out for good. I would probably buy at 0.00002069 and sell around 0.00002450 If you feel adventurous, you could buy at 0.00002069, sell at 0.00002200 and buy again at 0.00002100 Given that the price if BTC will go up and down in that time, it is not an unrealistic scenario.
Long
by crypthal
ADA - Buy Cardano before next huge pump! 🚀ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk. However altcoins season is on and ADA can pump very soon too! ADA holders can stake it to get free ADA on Exodus wallet and in few other places. 🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment. ❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts. ✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
Long
by Best_Altcoins_Trades
ADA/BTC Update: Consolidating after bullish H&S BreakoutThe same infos holds as posted for ADA/USDT. Here we see an excellent example for a bullish Head and Shoulders breakout. We reached the first resistance line and are currently consolidating bellow. For new entries you could take the price indicated by the box. We are very confident that we will reach all our targets set within this chart. Basic rules: - Never buy the top/ATH - Take profit as long as you can - 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. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. 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. 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.
Long
by tumbler55