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ADABTC trade ideas

ADA consolidationADA has found support in the green zone we defined early december. It touched our second target around 930 sats and is now consolidation around our first resistance level. As long as Bitcoin decides to chill, we could see ADA performing well during the next couple of weeks. Trading above the 50 & 100 EMA with the 50 EMA coming closer to the 100 EMA. I'll be looking for the 50 EMA to cross the 100 EMA after which I'll enter a long with a target around 1200 (daily level).
Long
by Coinathlon
$ADA/BTC 1D (Binance Spot) Falling wedge breakout & pullbackCardano broke out of that big falling wedge, this is surely a bullish pattern, fill your bag in the zone. Also, 100EMA seems to be supporting the current price action, and fundamentals are very positive (Shelley release)! Current Price= 0.00000831 Buy Entry= 0.00000831 - 0.00000781 Take Profit= 0.00001034 | 0.00001162 | 0.00001348 Stop Loss= 0.00000692 Risk/Reward= 1:2 | 1:3.12 | 1:4.75 Expected Profit= +28.29% | +44.17% | +67.25% Possible Loss= -14.14% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 1080h
Long
by TradingOn
2
ADABTC: Strong Bullish Sentiment Forming in the Near Term GroupHi Everyone! Simply pointing out it's looking POSSIBLE for ADAUSD to avoid a drop to the Yellow B-Band Basis in the 2-Day TF. Is it still possible to push it to the Yellow B-Band Basis in the 2-Day to act as a Shakeout just before going up HARD? Sure, that's possible... We'll continue to keep an eye on the Green being higher than the Energy in the lower time frames for ADAUSD. With that said, ADABTC is beginning to form strong support for the narrative of ADAUSD going up strong in the near future.
by WyckoffMode
23
Cardano Solid vs Bitcoin (Above Resistance)Cardano (ADABTC) is really solid right now moving above resistance in the form of EMA300 and EMA200. These are the brown and grey lines on the chart. As long as we stay above these levels, this pair is looking good. Prices are also trading above EMA10/21/50/100. The last mayor barrier left is MA200 at 0.00000925 (925 satoshis). Breaking below support would send prices lower but the bullish bias remains as long as the last low stays intact. Cardano is looking good. A good place to park your funds. Namaste.
Long
by MasterAnanda
9
2021What a great start to 2021 !!! I hope you have had a great trading week. Risk is a price you pay for opportunity and when you fail, don't forget to learn from your experience. Momentum trading is not for everyone, but it can often lead to impressive returns if handled properly. With patience and discipline, you can take much more from the stock market than you ever gave. Trading stocks is not easy for beginners or professionals, it is really very hard and requires a lot of attention and knowledge. If stock trading was easy, everyone would be doing it. You can be successful at the stock market, with patience, discipline and a good trade set-up. The key objective is to make money and not lose it. Let's start sharing more trade ideas for the upcoming week.
by SmoothJB