ADA:BTC breaking out of long term Inverse H&S pattern LONG BULLJust a quick one, I'm not going into the fundamentals because I think most of you are fully aware of the current bullishness of the market and the caliber of Cardano. I just wanted to point out the formation of this massive Head & Shoulders pattern that started forming in Jul 2018.
Wait for the the breakout & confirmation. It should do a quick 100% Vs. BTC once it does. Check the chart linked below for a deeper look at my thoughts on Alts Vs. BTC... Like & sub!
1st Target: .00002900 BTC (+100%)
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D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
ADABTC trade ideas
Cardano (ADA) • We hit another target. Now to next one. Cardano hitting pretty much all targets and forming more consolidation. This rally likely to take us next target (around 40% from here) and pretty soon ATH into price discovery.
At the date of this video. Cardano took XRP marketcap and is now the 3rd biggest (discounting USDT) crypto by marketcap and around 1/10 of the size of ETH. In my opinion ADA will gain significant marketcap simply because it offer better RR than top 2 and as result will rive a lot of speculative liquidity into it and pushing into higher levels faster than ETH and BTC.
Cardano (ADA) pullbackAlways in the first quarter of the years, Cardano get the highest price of the Year and after had a pullback to 61,8% of fibonnaci, last year this represent and pullback!
So, I'm monitoring the price because If the price enter to the yellow square.. I`ll buy, because could be an pullback! :)
ADA/BTC w/Bull Flag appears ready for liftoffADA/BTC is looking very bullish again w/bullflag pattern, looks like it is going to continue it's upward movement anytime. It looks good to go on longer time frames as well, IMO obviously. Let me know your thoughts. I appreciate any input for or against. Thanks in advance
This isn't financial advise, I'm not a professional TA by any means, we all need to do our own research and come to our own conclusions. Good luck!
Chart has the following indicators/strategies: the Ichimoku Cloud, RSI and Moving Average (light blue line).
Also, if you agree with the above and decide to invest in ADA or really any of the ALT coins, I would highly recommend to keep an eye on BTC, because as we all know, when BTC moves quickly/aggressively it drastically effects the ALTS!
ADABTCHello cryptoper ADA ON IMPORTANT RESISTANCE IF CLOSE TODAY AS WEEKLY CHART MORE THAN 1350 SATOSHI ITS LIKE POSITIVE POINT SO IF BREAK IT
DIRECT NEXT TARGET FROM 3600-4000 SATOSHI ANY HOW CARDANO NO MORE RETRACE 2021 CARDANO YEAR WILL CONTINUE UP TREND
THIS CHART TO TAKE IDEA AND MAKE SOME PROFIT
ADA/BTC potential breakout?Along with solid fundamentals such as the gougen update in March and potential exchange listings in February this year, Cardano ADA is looking to break a multi-year downtrend vs bitcoin.
If we can break this downward trend line created in April 2019, this is, in my opinion a bullish indicator that we can break the 0.00002000 area and claim it as as support on a retest. I would then expect ADABTC make a big move upwards towards the 0.00004000 region after/during gougen update and exchange listings happen, before heading up to test all-time highs for ADA against BTC.
ADABTC / ADAUSDT Potential Pump Incoming!Hi guys, if you like this post, please support me by clicking the like and follow buttons and by leaving a comment! Thanks!
The three majors that I believe will do well are Ethereum (ETH) , Polkadot (DOT), and Cardano (ADA). While there are smaller alts that might pump harder and quicker, they are also more risky and harder to identity. The above three alts provide probably some of the best risk reward in alts.
Long Cardano’s ADA for +14%Over the past two weeks, ADA made impressive gains vs Bitcoin: +34% last week and +26% the week before.
In USD terms, ADA has already made a new all-time high. Yet in BTC terms, it’s still far below the levels seen in the summer 2020 or March 2019 (let’s not even mention 2018…).
We decided to check if the rally would continue and asked Cindicator’s Hybrid Intelligence the following question:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00001019 BTC at 11:25 AM UTC at the Binance exchange on Monday, January 18. Will ADA/BTC trade above 0.00001171 BTC (+14.95%) earlier than trading below 0.00000867 BTC (-14.95%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 79%
This means that Hybrid Intelligence believes there is still a high probability that ADA would continue to appreciate against Bitcoin before any major correction.