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ADABTC trade ideas

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
Cardano (ADA) Long-Term With Over 755% MappedWe are looking now at one of the altcoins giant, one of the cryptocurrencies that will take over the world. Here is the long-term chart for Cardano (ADABTC)... After the low in August 2019, prices have been growing since (higher highs and higher lows). Also mapped on this chart, we have multiple targets all the way to 377% and 758% but there can be more on the long-term run. Giving it a closer look, the main chart above, we can see: Really strong volume building up since last week. A very strong RSI on the weekly. MACD below zero but curving up (This can be taken as a bullish signal in the sense that the bullish action is yet to start; plenty of room left available for growth). Just moving above EMA10 and EMA21. This signal will confirm tomorrow when the weekly candle closes if it closes above 0.00000802 for EMA21. Reversal candle printing last week... The bullish action here is just getting started. You can find the full trade for this altcoin pair on the related trade ideas below. Remember to hit LIKE if you would like to see more. Namaste.
Long
by MasterAnanda
30
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!
Long
by Hambooger
1
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!
Long
by Hambooger
1