ADABTC trade ideas
ADA - Will it Bounce?Interesting opportunity on ADA/BTC here. Recently ADA had a break out of the bull pennant but came back to find the previous resistance as support. It is also hovering right over the 1750 fib level, seemingly holding that zone. I would accumulate here in case ADA happens to bounce, as indicators are looking good right now.
Entry: 1700-1750 sats
Stop Loss: 1650 sats
Targets: 1900, 2000, 2100 sats
Cardano (ADA) Goes Straight Up (Follow Up)This is a follow up to the chart shared 12-Jan.
Only 5 days later and we go straight up!
MA200 has now been conquered and there is room for additional growth.
Here is the previous chart:
With major barriers now taken out, we could easily see ADABTC move much higher.
The next target is marked on the chart.
Namaste.
ADA try to flip strong resistance to supportADA / BTC
This is the third week bulls try to push price above strong resistance with the BTC pair
The resistance since 2018... flipping it to support will make ADA extremely Bullish toward 0.00004 area as first target
Ofcourse there is high chance of success Specially if the btc dominance drop next few days - weeks
Until that we just watch
Lets see your opinion below !
ADA against BTC chart analysis 2/19/21I am on the 4 hour chart. It looks like an inverted cup and handle, although I am not sure if it reached my bearish "price target" already? Or I should be looking at another pattern here?
Please correct me if wrong, I am new at charting and willing to learn from my mistakes. Thanks
ADA - Might be an opportunity to short hereI know a lot of people are bullish on ADA, but this TA looks bearish to me. We broke out of this ascending megaphone to the downside and have a big bear flag. The 4-hour MACD also looks bearish. I'm going to be the contrarian here and short especially with Bitcoin teetering on collapse.
ADA/BTC breaking out and rebounding off a double bottomI AM A NOOB WHEN IT COMES TO THIS AND THIS IS THE FIRST TIME I AM TRYING SOME TECHNICAL ANALYSIS. THIS IS MAINLY FOR ME TO GET FEEDBACK FROM YOU AND TO TEST MY THEORY OUT. TWO INDICATORS ARE SHOWING THAT WE ARE LOOKING AT A POTENTIAL BREAKOUT VERY SOON. PREDICTION
ADA/BTC Breakout and retestingBINANCE:ADABTC has broken out of its downward resistance and is now on its way to retest the resistance which we should expect to now flip into support
We remain bullish of Cardano in the short to medium term due to the Goguen mainnet roll out.
Enter a long if the support holds and the momentum turns
There are still major millstones for ADA to reach against BTC