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ADABTC trade ideas

$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 MasterAnanda
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
Risky Bearish Divergence - small scalp potential. As you can see by the dark red snake trend and price action this symbol made a small correction during a very strong downtrend. Price just crossed the tenkan-sen and could bounce back down. At such moments I go to a lower timeframe to look at the fractals to see if we see confirmation of price returning to downtrend. There is not yet confirmation of a downtrend and likely the price will keep going up as it made a double bottom on the daily timeframe which can result in sideways behaviour or a strong uptrend. In the case of sideways action we can be at the top of the range at the moment if we see confirmation of a forming downtrend. However we see a very clear bearish RSI divergence on the 15 minute charts, I am hoping for the price to go down that is wy I set and alert line to notify me when it is going down. In the scenario of it starting to breaking bottom fractals in the lower timeframe after the divergence it is a good moment to make a quick scalp with a small stop loss (previous upper fractal or kijun sen) I do not expect the price to break previous bottom fractal of daily chart but it might as well do. I would be happy with a profit of 1-2%
Short
by Honestcowboy
4
ADABTC - BOUNCE INCOMING ⏰⚠️🚨I believe that one of this days we will see some serious ADA pump because we are entering a major demand zone and the RSI is really beaten up. Last time the RSI was at this level we moved up for about 100% 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