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ADABTC

ADA/USDTSince the last review, the ADA has rolled back from the resistance zone and continues to decline at the moment. However, the coin looks very strong on the market even on the fall, unlike its alto counterparts. On the one hand, a triangle is formed and it makes sense to focus on support price points. On the other hand, the coin may fall below one dollar, so consider the risks and take a closer look at the scenarios that I have displayed for you on the chart for the future based on the levels that I voiced in this video. The author's opinion may not coincide with yours! Keep this in mind and keep this in mind in your trading transactions. And remember! You must have your own head on your shoulders! Trust no one - not even me! I am not a signal channel, and I do not recommend entry / exit points. In my reviews, I provide analytics - the data that helps to model potential options/scenarios of price movement! If you like my reviews and help you understand and assess the current market situation, subscribe to the channel, like and follow the updates of ideas that are not trade recommendations. If you liked my idea, follow me for more
by MonoCoinSignal
ADA/BTC Forming another bullish flag. Moving towards ATH.Cardano is moving towards new ATH considering the ADA/BTC chart. Currently we ca see the formation of a second bullflag since the head and shoulders breakout. We expect some more consolidation before an upwards breakout. Smart contracts are around the corner and money is coming towards ADA. With its proof of stake mechanism it also is energy efficient. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, white and pink lines are 200MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
I sold my Cardano coins to Bitcoin right now!!! Why?We see that the ratio Cardano/Bitcoin or ADA/BTC it's bearish as Bitcoin take strenghten in the trend. That it's a clear signal that we would need to sell our Cardano coins to get Bitcoin and conserve our Bitcoin power. I sold today 10,566 Cardano coins and get 0.45 BTC (Bitcoin). This it's a bearsih signal if you look ADA/BTC. If you have any doubts, that it's a comparison to know what asset have more power if you look how Bitcoin and Cardano up, this chart ADA/BTC it's used to know what cryptocurrency it's more powerful. That you can to look with ETH/BTC (Ethereum/Bitcoin), LINK/BTC (Chainlink/Bitcoin) and much more to know this secret strategy that nobody talk about how the alcoins work. s3.tradingview.com And this it's the weekly timeframe, this it's sound bearsih for ADA/BTC. Now, if I have 0.45 BTC, if Cardano down to 0.000032 BTC, then, I use the following. a calculator and I divided the 0.45 BTC with the price what Cardano could to reach, in that case it's 0.000032 BTC. That mean that if this happen, I can to get 14,000 Cardano coins or little more when I hold 0.45 BTC and hope that ADA/BTC down to 0.000032 BTC. That you can to apply with ADA/ETH, that it's a different ratio, but if you using ETH/BTC you can to understand more. Good luck!!!
Short
by harisonhbn9718
6
Cardano (ADA) - 6h. Even a strong beast is weakFor almost 2 weeks, after a powerful fall, the cryptocurrency market has not been able to recover. A prime example of this is the Cardano Project (ADA) . This coin proved to be quite strong on the strait. Of course, this market did not escape a powerful wave of decline. A powerful rebound in the price to $2 per day gave a lot of hope to investors in the ADAUSDT market. However, after this emotional upward movement of the price, the interest and confidence of the buyers plummeted. This is clearly seen in the volumes and the lazy movement of the ADA price over the past 2 weeks. In fact, the price is still moving in a broad consolidation of $1.22-1.9 . Our previous idea showed that now buyers have not yet succeeded in building a trend movement. Sellers easily broke the buying trend and made it clear that at the moment it is not yet clear who dominates the market. Therefore, we will buy this coin in 3 cases: 1. During an easy test, the mark of $1.5 2.during the test of the black trend line of the triangle in the range of $1.2-1.25 3. After fixing the price above $2 While the price is within the triangle, we can more than once witness a sharp upward or downward impulse of the ADAUSD price without logical explanation and support by volumes. Therefore, in such a situation, we expect critical points and only they make decisions. To be more convincing, we show you the ADABTC chart: Such a chart does not at all hint at the strength of the market and should discourage buying this coin at current prices. ________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
38