ADA will go down againADA/BTC has a pattern to follow. When BTC drops to 38 to 35%, all the altcoins will bottom. This will be time to bottom against BTC. Enjoy the ride.
ADABTC trade ideas
ADA/BTC - CARDANO BREAK OUT WINDOW IS HERE CARDANO - CRYPTOCAP:ADA / BTC
On Nov 1st I advised the following:
✅ A breakout in the window between 20th Nov - 29th Jan (could be shortened to the 8th Jan now).
✅ Bull trend confirmation = break above 50 SMA
✅Great risk/reward with stop under diagonal support
Folks this could be the beginning of a long running upward move.
A close above the 200 DSMA is confirmed and we are on the verge of a close above the 50 week SMA with this large 20% + move that ADA made today.
If you were following me here or on TradingView you would have a position in place already that is in profit and with a tight stop under strong support protecting you against the downside. Early November I provided this chart and outlook because a window of opportunity was close.
As a long term patient play ADA is still very much an option for new entries. Pull backs to the 200 DSMA or green zone are the most ideal entries, however as we are entering into the "breakout window" and we appear to be breaking out. If you do enter, always, always, always decide on and have a defined stop/get out level and stick too it. Write it down on the chart or a notepad. Stick to it. Protect yourself.
For those in the trade since we shared, we are 40%+ in profit thanks to a little patience and good timing, and this is only the beginning of this trade. Don't let idle hands make you trigger happy, the trend might be upon us, don't pull the rug on your position as things are only starting to trend.
PUKA
How to find Crypto Winners?I list here historical performance of major cryptos againts BTC, not many performing well against BTC. So the question: how to find crypto winners and is the past performance quarantee about the future? How do you approach with rising number of new coins?
Pre-halving and Post-halving: rugpulls close to BTC HalvingKeep patient, the rugpulls happen before the halving. It is now 100 days to the halving. 100 Days after the halving may bet he optimal time to enter the market.
Your views on pre-halving and post-halving times?
Cardano Vs BTC 1W Long Termjust historical pattern , the next move for ADA will take a dominance from BTC ... :)
ADABTCThere is a historical support area below and the price has not touched it yet, so I think it will touch it to take a beat from it and start the rise of a new motive. At that time, all the data has been explained on the chart.
Note: I am only sharing my point of view and what I see, and it may be wrong or right, so make your own analysis
Good luck
ADA MOON BOYS ARE SAD ⚠️Everything I share here is just my personal view on the market and it’s not financial advice so do your own study!⚠️
Waiting for an entry zone around 1200 satoshisWe could see a fall in the price to 1200 satoshis after testing that resistance. This could be a nice entry zone to the next alt season starting the new year or maybe after the halving
Cardano ADA/BTC Trade Opportunity ADA/BTC
Keeping it simple
▫️ 4th time ever weekly RSI was this over sold
▫️ 116 week High to Low completing 20th Nov
▫️ Breakout window 20th Nov 2023 - 29th Jan 2024
▫️ Bull trend confirmation = break above 50 week SMA
▫️ Great risk/reward here, stop under diagonal support
And then PATIENCE
ADA looking good with momentum... I went long on ADA yesterday at $0.44 very happy with my decision... ill be taking profits at retracement levels about $2.10 :)
ADABTC Engulfing Candlestick Patterns 1MWe had an engulfing candlestick the next level of support will be at 0.94.
ADA/BTCIn my opinion, this currency is at the price floor compared to Bitcoin. According to the chart, it is in an Elliott triangle pattern. I think wave C is completed from D. I expect it to perform better than Bitcoin in the coming weeks.
Time to swap BTC to ADA to 3XON the bottom of the support trendline with small breakout
Like clockwork, expect a 3rd smaller wave at least
Is it a good time to Swap some $BTC for $ADA Cardano ? CRYPTOCAP:ADA Cardano made an Extraordinary x100 run on Previous Cycle!!!
This bear market it really took the hit though!!
Could this Elliot Pattern be a nice indication to start accumulating again for the new upcoming possible run ?
ADA to start growing faster than BTCCRYPTOCAP:ADA & BITSTAMP:BTCUSD
The recent performance of ADA (Cardano) suggests it is a promising buy for investors. After a strong recovery from a support level of $0.23 on October 19, ADA experienced a significant rally, soaring by 65% to reach $0.40 by November 11. Although it's trading slightly below this peak, ADA is maintaining an upward trajectory, indicating potential for further growth. The currency seems poised to reach or even surpass its upper range near $0.42, which could represent a gain of around 16% from its current value. This pattern of recovery and growth makes ADA an attractive option for those looking to invest in the cryptocurrency market.
COINBASE:BTCUSD
Inverted head and sholdersI've put it on the 4 hour chart so you can see it clearly but still visible on the daily candles . If it breaks the neck the target is 969 SATs . I see alot of people calling for lower SATs on the ADA/BTC chart but at this point I think we may have bottomed out recently. BTC dominance looks primed to make another push higher with a target of just under 60% but as we all know not all coins play that game and I think Ada is going to be the exception to the rule in this move .
Great time to accumulate ADA long term !With Cardano ecosystem growing steadily and fundamentals in the green, I don't see any reasons that ADA could not reach it's all time high against Bitcoin one more time.
With that scenario in play, the price of ADA at the end of next bull run should finish somewhere between 6 and 12$. The final result depend of Papa BTC of course :)
If this price of ADA/BTC hold this support (and from now it looks solid) I would say it's a great opportunity to accumulate as much ADA as you can.
And if the support doesn't hold, well, it will be even crazier to buy ADA cheaper !
Happy holding to every one!
ADABTC Time to Dump Bitcoin and buy Cardano?Well based on the whole history of the pair, yes.
As you can see a giant Ascending Triangle on the 1month chart, with the price only now testing its bottom / Rising Support.
Technically, the target from now on is its top at 0.00006500.
Follow us, like the idea and leave a comment below!!
ADA/BTC Potential Harmonic PatternADA/BTC Potential Harmonic Pattern, but keep an eye on the trendline Resistance.
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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ADABTCWe are in a very strong support zone for Ada
I hope this support works well
This is not financial advice
