ADABTC trade ideas
Weekly Whirly Dirly (Nov 7th - Nov 14th 2020)Cardano/BTC rates (November 7th through November 14th 2020)
Low: 0.00000502 ADA/BTC
High: 0.00000800 ADA/BTC
I'm under the impression Cardano will head up to 800 satoshis on 11/9 this Monday and then on back down to 502. Check out the progress on the long term chart and past 2 weekly charts in the related ideas.
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!
Cardano on the next bitcoin spike 2022/2023My opinion only on the future value of ADA on the next Bitcoin spike price going into 2022 possibly into the beginning of 2023.
We have two prices: one where ADA reaches a value of $25.00 (0.0028) and or on a Super Cycle event where Bitcoin reaches a value of $550.000 then ADA could possibly reach a value of $50.00 (0.0058).
ADABTC - false breakoutPrecondition for the false breakout
If the price by an impulse flies near the level.
fall for a long time.
rebound from the mirror level.
do you agree with me?
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These ideas are not a channel with signals and I do not give recommendations on the entry/exit points.
In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements
Thanks for your support!
$ADA, reached ~630 support level$ADA
reached ~630 support level
Still trend looks very bearish but RSI at these levels usually means some kind of bounce
I will not look for an entry until some levels are being claimed again and trend reverses
Dips are bought on the way up, not on the way down.
#ADA
All targets done!All the long-term targets are done! I know it is too late and had gone bearish but it done the targets.
Now ADA is losing a strong support and next strong support is shown
ADA/BTC 1D (Binance Spot) Falling wedge on support#Cardano is getting ready for reversal here since the support seems to be holding so far.
It's too early to call for a breakout, but at least a pump to wedge resistance is highly probable!
You can trade it on Spot or in Margin but be careful with liquidation price if you decide to do so...
Current Price= 0.00000673
Buy Entry= 0.00000678 - 0.00000642
Take Profit= 0.00000737 | 0.00000824 | 0.00000919
Stop Loss= 0.00000596
Risk/Reward= 1:1.2 | 1:2.56 | 1:4.05
Expected Profit= +11.67% | +24.85% | +39.24%
Possible Loss= -9.70%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1080h
$ADA, Needs to bounce around this level to look as a recovery...$ADA
Needs to bounce around this level to look as a potential recovery, if not then support will become resistance and we should look for further downside (~630 sats)
UCTS sticking to the red/sell signals across most timeframes since 1k+ sats
#ADA
Risky profit 20% during BTC consolidationBased on my experience, all altcoins can only be traded in BTC pair. Because BTC is growing.
Currently, BTC looks good and will show us consolidation during the next few days/weeks. Maybe month. Nobody knows. We know only one thing that even BTC going to 12400 is just a consolidation. And of course, you can try to trade BTC on the small movement, but usually, this gives you either low-profit percentages or even liquidation.
But if you still want to enter a risky deal, then at the moment it is better to use altcoins.
This is not the best deal, but altcoins usually show gains when bitcoin consolidates.
So try to enter low as possible in the zone: 0.0000068 - 0.0000062
You can use limit orders.
Take a profit: 0.00000770 and 0.0000090
Stop the loss If any 1D or 1W candle close below 0.0000061
Please note that altcoins are very dangerous. They will be safer when Bitcoin reaches its all-time high. Enter only 5-7% of your capital.
Falling Wedgewe can clearly see falling wedge in ada/btc,if we break this wedge we can possible test 858sats,extremly bullish if we break it upward,rejeaction will make it bearish.please tell me your opinion about it thanks.
Cardano Continuations (Oct 31st-Nov 8th 2020)Cardano/BTC exchange rate (October 31st through November 8th 2020)
Low: 0.00000542 ADA/BTC
High: 0.00000717 ADA/BTC
This is a small roadmap update for what I see happening in Cardano over the next US election week. See my related ideas for the full potential roadmap into 2021.
Thanks for tuning in :) Disclaimer, I am not responsible for any losses incurred while attempting to use my data, I hope this can prove to be some sort of learning tool for some and give insight as to how I personally come up with my own numbers. Take into full consideration this could be a completely bad forecast. Cheers
ADABTC - Long - Potential 9.93%ADABTC - Long - Potential 9.93%
Enter- 689
TP1- 718
TP2- 758
SL- 655
Triggers;
-RSI Divergence
-Heavily Oversold
-Trendline Support
-Untested Bullish Weekly Pivot
-Bullish Future Pivot Point
Notes
BTC is gaining momentum again and ALTs are regaining volume - better trading conditions.
Trailing Buy, TP & SL recommended.
$ADA, Reached a new support at ~700sats on the way down$ADA
Reached a new support at ~700sats on the way down from July highs (50% down😬)
EMA50/200 bearish cross & UCTS red/sell across all timeframes
For now, I would wait for reversal signals at some of this levels prior taking any action, next support around 630sats
#ADA
The ADABTC price action might have a reversal soonThe ADABTC weekly chart might have a reversal (continuing the uptrend) at around 700-720 sats which is closed to a support area (in green). If this is the case, the ADABTC weekly chart will show strong bullish signs of recovery as we would be forming a higher low (compared to my previous ADABTC idea - see references). Goguen roadmap for smart contracts is about to be announced and this might be a bullish event for Cardano ADA. In addition to this, important Cardano Basho and Cardano Voltaire progress will also be announced and corresponding development will be started. 2021 might be a great year for Cardano.
ADABTC - 1D - Double bottom or ... more dumpNot financial advice!!!
After several days of huge dumpage...
ADABTC looks like it is
1) forming a double bottom
2) RSI & Stoch RSI Bottomed
3) Volume decreasing
what's next?
-More dump
-Some pump
ADA Cardano Signals oversoldThis is the 1st time Cardano on the weekly has given us an oversold on the MFI.
The stochastic RSI has been oversold since late August.
The issue is that the Bollinger band is opening up and the price will continue going down with it.
Drop below the midline Linear Regression and we could end up at the bottom channel.
My strategy here is to buy in and dollar cost average until the price increases.
ADAUSDT Cardano maybe a pullback dailyADAUSDT Cardano maybe a pullback in daily
if we have two green candles we can say its pullback and it will go for 0.00001 and then 0.000014 and if it breaks upper trendline it will go for so much higher that i will say later
bullish divergence on ada/btc pair 4HThings are looking great on smaller and on the bigger timeframe. bottom is in?
