ADABTC trade ideas
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?
$ADA, Showing interesting volume (similar to November...)$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
Cardano Full Trade Signal (ADABTC)(452%)Here we have Cardano (ADABTC) after bouncing off support.
A new bullish wave can easily develop here.
Below the numbers...
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BUY: 0.00000600 - 0.00000660
NEXT SUPPORT: 0.00000580
TARGET:
1) 0.00000850
2) 0.00000995
3) 0.00001335
4) 0.00001550
5) 0.00001850
6) 0.00002020
7) 0.00002300
8) 0.00002750
9) 0.00003500
STOP: Close weekly below 0.0000500.
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This is not financial advice.
Thanks a lot for your support.
Namaste.
Long ADA/BTC - Target at 68 % profitIn addition to its interesting project and strong fundamental Cardano shows a nice potential of appreciation upward in the short-term.
ADA seems to be importantly oversold when looking at the Bowlinger bands having touched the lower bound several time, MACD direction and momentum also shows that ADA/BTC seems to be in an oversold situation.
This indicates a long entry point on ADA at the current price level. ADA is approaching a strong resistance line and could rebound to previous Fibonacci retracement level. The one we are looking at is the 0.5 one that would lead to a 68 % gain from current price.
In order to edge the position should ADA break below the support, I set a stop loss at -20% from entry point.
💡 Don't miss the great buy opportunity in Cardano/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000059). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Cardano/Bitcoin ADABTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.0000073
TP2= @ 0.00000940
TP3= @ 0.00001160
TP4= @ 0.00001585
TP5= @ 0.00001940
SL= Break below S2
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💡 Don't miss the great buy opportunity in Cardano/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000059). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Cardano/Bitcoin ADABTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.0000073
TP2= @ 0.00000940
TP3= @ 0.00001160
TP4= @ 0.00001585
TP5= @ 0.00001940
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ADA.BTC (Y20.P6.E1).Bottom is in?Hi All,
With yesterdays capitulation, it is a good sign that the bottom is in for many coins, at this point, I'm thinking ADA and ETH.
My TA on this chart:
> It makes sense that the previous accumulation zone for ADA would be the level of strong support, yellow zone to the previous rally.
> It makes sense that the support area will be above this area, as per my buy zone
> I have the Inverted BARR strategy cycle starting as per my chart, meaning the cycle started here and will end up here for then next round. So far it has confluence on this.
> I have the top down trend line making a strong resistance, confluence with my ABCDE reversal pattern and fib levels as well.
> With the daily indicators, I have them crossing over on the daily, giving a positive sign as the bottom is in.
> Having a bullish divergence after a capitulation on the daily along a support line with a bullish engulfing candle is a strong business case.
Hence I'm bullish now on ADA.
I also have the ADA.USDT matching this bottom reversal formation, I will post this separately but here is the chart.
ADA.BTC Daily chart with indicator focus:
Please give me a like or tick for this post.
Regards,
S.SAri
ADA has reached a support levelFirst of all, the market in general is not looking good, but we should start seeing some upward moves.
TP1 would be 733
TP2 would be 818
The market is very volatile at the moment, so I would not be happy with more than a 5% SL, (<560)
It might be better to leave this trade on the table until 2021
Merry Christmas everybody!
ADABTC ;//anything .13 range or under all good. S3T n f0RG3TThe Alt market was already being sucked down by BTC n ETH as retail_fiat held and even propelled these alts. The XRP what is a security especially doesn't play well for the crypto market as people look to exit positions especially anyone concerned over USA regulations_views regarding crypto policy. BUT THIS IS THE TRUMP position. WE will see...
OVER all as BTC dominates in sheer NEW market cap this last month plus. almost doubling in one month from the 1750 t0 2100 level supporting this new unexplored territory, establishing 150billion plus in support from 1850 n up... As we have reduced ALT positions in percent of portfolio and number of alts, sticking to our long term HODLs, BTC, n COST average rebuy of ETH in this 580 to 530 range.
BTC
ETH
CEL_ Just get in. IT dont matter where just buy m forget up to 3.50 _look for 4.00 plus by 2022
CHSB_If in USA need a VPN app but this swiss crypto entry point is huge for mass adoption_non US etc FOR US look at VOYAGER_VGX n maybe CRO (.04s best) if they ever get their shit together.
ADA_This ETHEREUM hedge_BUY the dip dedicate to a staking pool and forget about it.
ALGO_ another ETH hedge_ buy the dip .32 to .29 n under but i doubt she will be there much longer. A LOT of consolidation at this level get in why u can. SHOOT it to the ALGORAND wallEt and you earn ALGos that simple. The partnerships_ people using their blockchain is crazy from governments to big cloud based business etc n most IMPORTANTLY SMART CONTRACT scalable...
Look to the next DeFi CeFi craze... great time to take a position _BUY DIPS_TAKE PROFITS
YFI
SUSHI
AAVE
ENJ
MANA_NFTs are getting hit especially bad as this XRP what is a security, at least as far as the US is concerned but with trump on the way out we believe this is mostly hype... at least the wallet deal maybe not so much the XRP drama and "what is a security" is a major concern. Biden will hopefully back this off but being, at least technically a different entity arm whatever they will set policy and expect everyone to get in line. HANG ON CRYPTO ALTS
BUY DIPS
DONT get spread to thin. IF 1k only 2 or 3 things like ETH BTC n one or two long like CEL ADA or ALGO. if 5k 5 to 6 at most. These positions are got over time, and most importantly never EV3R b3 skEEERD to take profits...
HAPPY HOLIDAYS_BUY THE DIP_HGM
$ADA Cardano Quick Analysis Overview ( @CardanoStiftung )Hello there ladies and gentlemen, BulloTaurus here with another quick analysis for today .
Strong buy signals have appeared on BINANCE:ADABTC .
We can see ADA printing higher heights forming a rising wedge like we saw on previous BNB chart today
MACD and Momentum indicator are pointing us that there will be more upside movement if we look at the daily chart .
Risk: 3
Reward:8
Peace.
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P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!