Get started

Cardano / Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

ADABTC trade ideas

ADA/USD potential move to the upside ADA looks like it could be primed for a move to the upside after 2 months of consolidation. ADA has been moving sideways for quite some time now while many other layer 1 blockchain solutions like DOT, AVAX, LUNA and SOL are making big moves. It could be ADA's time to make its next move higher. There is RSI hidden bullish divergence forming on the 12hr and 1D, so keep an eye out for a break of the trend line to the upside. It is currently forming a large flag pattern for which I would be setting alerts if the current tend line is broken to upside. October 27th was significant because it took out recent swing low on September 21st which would have taken out a load of stops. There is support in this region of $1.85-$1.95 region. Also since the move up in July, the current retracement hit exactly 0.618 Fibonacci. What is furthermore interesting is the ADA/BTC chart which is currently sitting at both strong weekly AND monthly support. You can see we have had strong bounces from the 3000 sats area before. We have had near on 8 week of downside (except for one week) which has resulted in a sharp 50% drop since the highs in August so we could expect a reversal of some magnitude at these levels. Additionally ADA\ETH is also testing a region of weekly and monthly support from which is has frequently seen 80%-100% bounces from in the past. I have been trading crypto markets for over 4 years so If you appreciate this post and would like more please like the post and comment below. Happy trading 😎
Long
by AdamHoad
2
$ADA to go on a couple short bull runs into Feb '22? First time sharing a trade but just couldn't help but see how $ADA has been performing YTD. Of course, this is $ADA/$BTC--I prefer $BTC markets myself. Anyway, this is in no way financial advice, just simply speculation of historical patterns. Invest at your own risk! I do have some bias towards Cardano by being a pretty big fan of the project. Anyway, even the RSI is looking insanely low. Also, I drew in an estimated ema cross. Not guaranteed but if it does, it could show a sign of trend reversal. Which looking at $ADA's history, we could see some nice runs. Best of look everyone out there! Cheers
Long
by ekcharette1157931
ADABTC - + 50% 🚀I think we will see some bullish action for ADA next couple of days. We are testing major support and if support can hold we need to look out for a right shoulder of a head and shoulder pattern. To create this right shoulder we can move up about 50% Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩‍🏫🧑🏾‍🏫👨🏻‍🏫 Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹‍♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️‍♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳 ⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️ Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
by CryptoColugo
Cardano vs Bitcoin Chart Analysis (ADABTC #7)This is a tough spot here, I will say it before even getting started. We have the support level marked on the chart. This support level was hit back in July and this lead to a very strong bullish bounce, 100% of growth. Then we got a correction and this one has been really strong. The way the chart is looking, we are likely to see more blood (red) on this pair. The indicators are bearish and the structure is bearish, the trend as well. Long-term is bullish but we are looking at it short-term. Conditions for change When can this chart be considered bullish? A strong bounce at support with really high volume can be a good signal to start. The RSI and MACD both on the bullish side as well. Moving and closing above EMA50 would be very important to see the bulls taking back control. Other than that, even after a small bounce, prices are likely to continue to drop. Namaste.
by AlanSantana
5
ADABTC - UPDATE 🔔🔔ADA held the major support and we made a first bounce. We now need to set a daily higher low and higher high for a trend change. We broke this falling wedge bullish Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩‍🏫🧑🏾‍🏫👨🏻‍🏫 Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹‍♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️‍♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳 ⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️ Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
by CryptoColugo