ADABTC trade ideas
bullish divergence on ada/btc pair 4HThings are looking great on smaller and on the bigger timeframe. bottom is in?
Cardano Long Term Drop (October 24th-July 15th 2021)Cardano/BTC exchange rate (October 24th 2020 through July 15th 2021)
Low: 0.00000325 ADA/BTC
High: 0.00000855 ADA/BTC
Here's a bit of my timeline for Cardano through July 2021.
From now (October 24th) until December 26th, I believe Cardano will sink to around 0.00000325 BTC. During this time, it could make a stop to around 0.00000425 BTC around November 21st, bounce up to 0.00000548 BTC within 2-3 weeks (December 5th-12th,) and then continue descent down to 0.00000325 BTC by December 26th finally.
After that, Cardano could move sideways from December 26th 2020 to July 15th 2021, fluctuating between 0.00000325 BTC to 0.00000548 BTC for that time being before next cycle gets going.
Related short term weekly forecast below:
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
Cardano Weekly Drop? (October 24th-Nov 1st 2020)Cardano/BTC exchange rate (October 24th through November 1st 2020)
Low: 0.00000744 ADA/BTC
High: 0.00000844 ADA/BTC
As I write this currently, what I see are some moves down. I will post a more in depth forecast soon but we could reach new lows in the next 2 months, from what I can tell.
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
technical charta critical buy zone formed within the ascending channel. enormous support still rests on 650
$ADA #CARDANO Perfect setup imo. Targets on chartAfter correction formed a reversal bullish triangle as shown on chart along with targets.
technical charton the daily, this coin might pull back although on the weekly, it's ready to break to the upside in a few weeks.
CARDANO ROADMAPFor information on BTC volatility follow our BTC ROADMAP chart.
Libertas Aequitas Veritas.
technical chartbased on these indicators alone, it's difficult to say where the next move will go. a break above 950 could see some gains, but there is still a downside of 800 within the ascending channel
[Watch it] ADA may exit range soon.OBV broke resistance and CMF is pointing to zero. Possible inverted H&S. Slight bullish divergence on daily MACD.
Keep an eye on ADA as it may break its range.
Bias is upwards, we'll see.
ADA/BTC Turns Bullish? (+58% Potential Profits)Hello Traders,
As we can see here on the daily time frame for Cardano (ADA) on Binance, there may be a potential breakout from the falling wedge being printed since the peak of the large bullish wave. As we can see, ADA had peaked around 1600 satoshi on its last rally. Additionally, we can see an even bullish flag/wedge of sorts forming over the last week or so. The immediate targets for this are marked by the green arrows, around 1100 satoshi.
This coin has printed a higher low (blue box) and broken back above the 10, 21, 50, and 200 EMAs, and is now pushing to break out above the 100 EMA. We have nice, increasing buy volume coming in. The MACD and RSI have also both been rising steadily, adding to the bullish sentiment. As such, I am strongly bullish on this coin.
I am already in a long position for this coin, but a potential short-to-mid term trade setup now could be:
Entry: 900-1000
Support: 750-850
Take Profits:
1 - 1100 (+12%)
2 - 1315 (+36%)
3 - 1525 (+58%)
Share your own thoughts and comments down below. Also, leave a like if you liked the post and follow me for more ideas!
Price at writing: 959 satoshi.
Ada Trading PlanHello Traders,
Cardano did a head and shoulders formation and it seems that will continue its upward movement. We could recommend opening a long position if it does a pullback to the green zone.
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ADABTC Bearish SetupCardano looks bearish and may reach the demand zone, but we set our set our target for the 0.00906 range....
All of my market shared technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content. At this profile page, the analysis, ideas and also, the strategy of a chart belongs to Khiwe; -it is not to advice on financial markets; please apply your own analysis and confirm it with price action.
Still waiting for the breakoutHey guys, nice to see you back.
Last time ADA and BTC didn't helped in our trade and we have been forced to close it because it has been invalidated. This time we have a new opportunity with clear signals.
On the daily we can see a bull cross of the EMA 12 and 26 happening for the first time since April. In general the first cross usually fail to turn bullish and fade after a week. But the context here is very particular we have a clear resistance in the 980/986 sats area and the correction from July has been already severe so we may consider the cross as the start of the second bullish wave. Another interresting clue is the cross and confirmation of 907 as our new longterm support. Monday we should see an attempt to break the resistance at 980 if everything goes as expected, from there we should also have more information about the relevance of that cross and the resistance.
On the weekly we can see the trend consolidating over the EMA 26 and where the EMA 12 is also in the 970/980 area. Everything seems to say that this week we will see a move.
