ADABTC trade ideas
ADA Long Term Idea (Jan 9th 2021 through 2023)Cardano (ADA)/BTC rate (January 9th 2021 through 2023)
Low: 0.00000542-0.00000646 ADA/BTC
High: 0.00003137 ADA/BTC
So assuming that Cardano really is in a contracting Elliott wave triangle, it could be as late as 2023 when it really explodes. I think there's definitely some sat-stacking gains to be made in there, but I could be entirely wrong about the triangle too.
My related ideas contain a shorter term forecast for this as well here:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
ADA Short Term Idea (Jan 9th 2021 through July 2021)Cardano (ADA)/BTC rate (January 9th 2021 through July 2021)
Low: 0.00000646 ADA/BTC
High: 0.00001045 ADA/BTC
I personally believe Cardano could be in a bullish, contracting, Elliott triangle. I will need to check out the USD side of the trade for Cardano too but it could be well into 2021 before we get out of this upper resistance for the BTC side again.
Red box is my weekly Cindicator estimated range forecast.
Longer term forecast idea in related ideas here:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
ADA (Cardano) moonshot imminentI don't think this chart needs to be clarified. Seems that everything is clear. As bitcoin dominance drops we should expect some nice altcoin rally. Ada is one of the candidates to moon hard. Fasten your seat belts. Falling wedge + inverse head and shoulders pattern. I'm long and strong. See ya!
$ADA, Retesting ~820sats and trying to flip it back to support$ADA
Retesting ~820sats and trying to flip it back to support after a 100% up movement..
Current level matching .618 fib level as well..
UCTS showing buy signals across multiple timeframes as Volume is looking strong..
If you were looking for a dip on the way up.. 😏
#ADA
ADABTC: Let's Have a Look to See If ADABTC "concurs" with ADAUSDHi Everyone! Simply having a look at ADABTC to see if it concurs we have the potential for reversal to sustained upward pressure. Higher time frames (higher than 6-Day) are nearly bottomed out and appear to be on the verge of EXHAUSTION and turning back up to the upside. Which is why I chose the 5-Day time frame to see if I can get a clue of HOW CLOSE we may be on the verge of reversal to upward pressure. I also had a look at the Short Term Group of time frames to see if they are showing signs of being on the verge of reversal to upward pressure by looking to see if the Green is higher than the Energy. This publication is labeled a "LONG" opinion for the Near to Mid Term.
Cardano (ADA) Looking To Grow vs BitcoinCardano (ADABTC) has been dropping since it peaked back in July 2020.
Last week we ended with a Doji and a higher low compared to Jan. 2020.
This can be the beginning of a change of trend.
If this higher low holds, marked with a vertical grey line, we will see a higher high on the next bullish move.
This can lead to double the current price or even higher... You can find more details on the chart.
Namaste.