ADABTC trade ideas
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.
Cardano Mooning oportunityCardano is on a very good area for a long oportunity. It is smelling like Alt season. Trade cautiously, markets are extremely volatile
ADABTC: Not Long Before Reversal to Sustained Upward Pressure...Hi Everyone! PLEASE do not freak out and sell your major alts for bitcoin right now. My opinion of course... It won't be long before we see reversal to sustained upward pressure in my opinion...
On supportHello everyone,
ADA/BTC as been struggling lately by the moves of btc. The weekly rsi at btc is almost at 94% giving clear signals of a possible correction next week.
We are currently on the big support from the start or the rally for ada since January and looking to closes the weekly over the dynamic support at 553 sats (I expect Sunday to be good for alts after a rejection from the resistance at the dominance arround 73%). If the support holds, we may expect a bounce to the area of 1450 / 1300 sats in the next 3 weeks. At the current value of btc we should expect a target of 0.46$ / 0.40$ USDT just a little over the resistance at 0.388$ USDT.
Now we need to know if the dynamic resistance (in green) will create a symetrical triangle or just act as a dynamic resistance.
In case of a symetrical triangle the target would be 7500 sats with a possible breakout arround November 2021. I don't think we are playing with a symetrical triangle because of fundamentals playing arround, like Goguen in the next months or the effect of an altseason.
Be safe!
Ada/btc 64% anyone?!Ada/btc is printing a pretty solid looking divergence (bullish obviously) on the daily. There may be a little more downside, but the reward outweighs the risk. Good luck y’all!
ADA/BTC forming a clear falling wedge and bullish divergenceFundamentals and price action are aligned. Around the months of March/April full decentralization and smart contracts will be achieved. The DeFi ecosystem is prone to flourish due to a high expectation, which will translate in more supply locked into contracts and greater demand. This is what the market is specting from Cardano, lets see if they can deliver on time, TA shows that is very likely.
ADA/BTC forming a clear falling wedge and bullish divergenceThis could play out. There are no fundamental reasons to think otherwise.
Cardano (ADABTC) good setup for buyingCardano has one of the most active projects on Github and the team is working on the developments continuously. ADA tested the support line and forming a triangle. We will see a breakout anytime. ADA will be huge after it breaks the 1000 resistance zone.
Buy Zone: 610-625
Target: 690-740-790-850-915-970-1070-1150-1270-1380-1500-1800
Add more in dips
Possible Inverse Head And Shoulder - ADABTCOf course, this only applies if the right shoulder forms in the future. But if it does, it could definitely mean a move to the upside.
Not financial advice, just a random idea I had.
ADA bullish divergencePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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Cardano is looking interesting. Finding support on the range it was in for over almost a year. With a bullish divergence on the RSI.
When it touched here in november we saw a nice 50% rally towards the resistance at 936.
If Bitcoin retraces and fulfills its blow-off top, we could see Cardano move further toward the 1200 level.
What do you think about ADA? Long term hold? Or just a trade?
Ada is breaking a resistanceAda currently is trying to break up a resistance. If Ada successes in this then it can go up to 1000 sats and more.
ADA/BTC Two Possible Bullish ScenariosOne of both could play out. The 500-ish sats zone is a good bet for a long entry imo. Overall at this levels I believe is more convenient to hodl for the medium/long term. Thoughts?
Cardano (ADA) • Steady uptrend to next major resistance levels Check video for last bullish thoughts on Cardano
If Take Hold Above The 720 sat Resistance Bullish Trend Will Con❕Sitting Above The Long Term Support Line ,If Take Hold Above The 720 sat Resistance Bullish Trend Will Confirm
🔴 Stop loss zone : 630 ~ 625
$ADA, Showing interesting volume (similar to November...)$ADA
Showing interesting volume (similar to November where it moved up to ~70% )
Currently trying to recover ~700 sats level on a W shaped bottom & crossing over descending trendline..
UCTS signalling buys on LTFs but looking for a 1D buy (which are usually quite strong)
#ADA
