ADA and BTC LONG GET READYTHE WEDGE IS TIGHTENING!!! STAY ALERT!! SET ALARMS FOR BREAKOUTS! YOU DON'T WANT TO MISS THIS RALLY!
ADABTC trade ideas
ADA ready for another goAfter a 25% drop, in line with the current market, we could see a further continuation to the upside. I'm expecting a touch of the first support zone. If we then put a stop loss below the second support zone a rally towards the most recent high will give us a nice 3.5 R:R
A strong move could take us to the next resistance at 3840 sats (dating from 04/2018)
Are you bullish or bearish on Cardano?
ADA looks CLEARED FOR TAKE OFF! ADA BTCI have highlighted the double bottom formation as well as the VERY BULLISH GREEN DOT ON EVERY TIME FRAME UP TO 3H (should appear on the 4h and greater soon!)
The RSI is in the 30 range and the trigger waves are signaling a reverse trend about to go down! GET READY!!!
Diamond Indicator Sig2 KUCOIN:ADABTC Trade IdeaDiamond Indicator v8 - Sig2 KUCOIN:ADABTC Trade
Trading using webhooks with Cryptohopper -> www.cryptohopper.com
Sig2 diamond buy signal on the ADABTC 4 hour.
** Do your own research when trading. Do not trade what you cannot afford to lose. This is for information only and represents real trading using the custom Diamond Indicator.
ADABTC important areas and trendlinesHI guys, just wanted to share this breakdown of the current situation. On the strong move up some zones of resistance were created (blue zones). These now act as support zones when the price is moving down and as resistance when the price is moving up. The lowest blue zone will act as major support as this is the former long term resistance area we finally broke through last week. Also the red diagonals are important trendlines to which the price will be attracted to or reflected of. You can use this as a guide to determine where the price would possibly reverse. Breaking above the upper red diagonal should be seen as a breakout out of a flag formation which is very bullish and could definitely result in a higher high than the top created last week. For now we are not there yet. Have to wait this out and see where we are heading. I wish you all good luck!
ADA/BTC PAIR is in a decending wedgeHighlighted are 3 bullish predictions on short term price action for the ADABTC pair! A Breakout is imminent! Pay Attention to this one as the next stop could be $2.00
Diamond Indicator Sig2 KUCOIN:ADABTC Trade ResultDiamond Indicator v8 - Sig2 KUCOIN:ADABTC Trade
Trading using webhooks with Cryptohopper -> www.cryptohopper.com
Position opened 03/02/2021 12:01:26 PM for 0.00002483BTC
Position closed 03/02/2021 10:48:51 PM for 0.00002551BTC
2.74% trade
** Do your own research when trading. Do not trade what you cannot afford to lose. This is for information only and represents real trading using the custom Diamond Indicator.
Potential for ADA to Outperform BTC in the Mid TermA technical analysis of the ADA BTC pair in the long term group of time frames (1W, 2W, 3W, 4W), mid term group of time frames (3D, 6D, 9D, 12D), and near term group of time frames (1D, 2D, 3D, 4D) using the Phoenix Ascending indicators and the Bad Ass Bollinger Bands , which are publicly available. Please see publications by David Ward @WykoffMode to learn more about the proper interpretation of these indicators. There is potential for BTC to outperform ADA in the near term group of time frames (1D, 2D, 3D, 4D) and for ADA to outperform BTC in the mid term group of time frames (3D, 6D, 9D, 12D). Although a higher high is possible in the 1W, lower highs are possible in the 2W, 3W, and 4W.
This is not financial advice. I am not your financial advisor. These are my opinions.
Diamond Indicator Sig2 KUCOIN:ADABTC TradeDiamond Indicator v8 - Sig2 KUCOIN:BTCBTC Trade Opened
Trading using webhooks with Cryptohopper -> www.cryptohopper.com
Position opened 03/02/2021 12:01:26 PM for 0.00002483BTC
** Do your own research when trading. Do not trade what you cannot afford to lose. This is for information only and represents real trading using the custom Diamond Indicator.
Line Graph 1 W Line Graph.
Beautiful scenery of lines finding areas of important resistance.
EMA:
25 breaking the 200 EMA
MACD:
histogram, MACD, signal growing positive.
MACD reaching its previous maximum July-August / 2020.
MACD AND SIGNAL: again on top in positive
something is cooked!!!1
Im long full
The last time this pattern broke ADA had an 83% return vs BTCADA has been on fire this year! ADA has recently broken out of a falling wedge pattern after consolidating for a short period of time vs. BTCUSD. This move will likely signal significant strength in the USD price like the last time this happened on February 18th. If resistance at 0.00003 is broken there isn't much in the way of reaching 0.00042 which is major resistance.
ADABTC found support for nowThe structure on the left made during the bullrun is acting as a support on the recent break down. Currently I am neutral on what is happening next. But if it breaks the red diagonal and manages to closes above quit a bit we might see regained upward pressure. If it fails we will stay in consolidation for a while and might see some more downward pressure... good luck everyone!
ADA reversal imminentIn my opinion I think anybody could have foreseen the Cardano run it's had the last few months. This was too easy of a pick to get emotionally attached to. You made some profits, now lock them in. A lot of people bought this for the clout and have no idea what it is used for besides profit taking (currently its best feature, so use it).
The protocol implementations aren't a big deal, and I think they are already priced in. It will be a big fat nothing burger. Best case is that nothing bad happens and the network doesn't get clogged.
You have no more good news to look forward to as an ADA fan except for the next wave of mass retail speculation in late March or April.
Wave patterns, bearish divergence on the RSI, and 4 failed breakouts at the upper trending resistance build a bearish case.
ADABTC 130% Growing PotentialTarget:0.000031
It's interesting that target of the inverted Head and Shoulder is the same as the target of the upward breaking of the triangle
