ADABTC trade ideas
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.
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ADA/BTC Potential Harmonic PatternADA/BTC Potential Harmonic Pattern, but keep an eye on the trendline Resistance.
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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
Cardano ADA/BTC - Patience Required ADA/BTC Weekly Chart #ADA
A chart worth keeping an eye on #CardanoADA
- RSI Oversold for 2nd time ever
- Break out of bearish channel (Pending)
- Break above 50 SMA with turn up (Pending)
- Zones are rough guides.
- 115 weeks is a time guide as this was the last timeframe from
top to the bottom before bull market started. We are only at week 83.
You could nibble here. ill be waiting & watching for the break of the channel and the 50 SMA.
PUKA
I Shorted ADA/BTCAda, much like Etherium, will be dumpoing against Bitcoin. Probably much faster.
There are new updates to the Bitcoin layer two, which will slowly but surely give it all the capabilities that people seek for in other cryptos.
ADABTC looks bullish AF !!Look at that latest weekly candle! Hammer doji!
Bullish!
When we break the diagonal trendline, it'll be party time!
ADA/BTC - Cardano: Ascending_Triangle◳◱ We've detected an Ascending Triangle pattern on the CRYPTOCAP:ADA / CRYPTOCAP:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance levels are at 0.00000969 | 0.00000994 | 0.00001044 and the major support zones are respectively at 0.00000919 | 0.00000894 | 0.00000844.
◰◲ General info :
▣ Name: Cardano
▣ Rank: 8
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Cardano is an open-source, smart-contract platform that aims to provide multiple features through layered design. Its modularization will eventually allow for network delegation, sidechains, and light client data structures. Cardano uses a version of Proof-of-Stake (PoS) called Ouroboros to secure the network and manage the block production process. The network features a native token called ADA that gives stakers a claim on new issuance in proportion to their holdings and allows users to pay for transactions.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0000096 ₿
▣ 24HVol: 75.640 ₿
▣ 24H Chng: 1.159%
▣ 7-Days Chng: -0.51%
▣ 1-Month Chng: 6.88%
▣ 3-Months Chng: -28.15%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000969 | 0.00000994 | 0.00001044
◢ Support: 0.00000919 | 0.00000894 | 0.00000844
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.47
▣ Last 90D: -2.17
▣ Last 1-Y: -0.44
▣ Last 3-Y: 0.77
◲◰ Volatility :
▣ Last 30D: 0.55
▣ Last 90D: 0.55
▣ Last 1-Y: 0.68
▣ Last 3-Y: 1.06
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.51 - Bullish
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.38 - Bearish
▣ In-depth ADABTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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A great long-term investment! ADATechnically we have a strong support in weekly chart!
We can see absolute ADA achievements this year and wait for it outperforming BTC soon
ADA/BTC could bounce short-term to 1200-1250 satoshis.After the massive dump from 1400 to 850 sats in one week, we could expect a short-term correction to the upside.
