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Cardano / Bitcoin

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ADABTC trade ideas

ADA reversal imminentIn my opinion I think anybody could have foreseen the Cardano run it's had the last few months. This was too easy of a pick to get emotionally attached to. You made some profits, now lock them in. A lot of people bought this for the clout and have no idea what it is used for besides profit taking (currently its best feature, so use it). The protocol implementations aren't a big deal, and I think they are already priced in. It will be a big fat nothing burger. Best case is that nothing bad happens and the network doesn't get clogged. You have no more good news to look forward to as an ADA fan except for the next wave of mass retail speculation in late March or April. Wave patterns, bearish divergence on the RSI, and 4 failed breakouts at the upper trending resistance build a bearish case.
Short
by RickSmash
20
ADA/BTC Bullish Head and Shoulder breakout confirmed!Cardano announced it's mary update to come for the 1st of march. Cardano starts to deliver and becomes the new ETH. This is considered to be a longterm hold. Checkout Daedalus if you didn't do that yet. Reef is having a hard time and is close to two resistance lines. Expect a small pullback to gain some momentum for a breakthrough. Bitcoin is consolidating which normally is a good sign for altcoins. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Cheers ps. Chart explanation: 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. Purple lines are trendlines we take a look at. Yellow lines are for visual help only.
Long
by tumbler55
2
ADA-BTC(Multi TF)BINANCE:ADABTC The bull rally in Cardano seems to be supported by the feature of cross-chain interoperability and smart contract compatibility. In the chart of ADABTC on the Daily time frame, since the past fortnight, the price has been consolidating in a range (1600- 2100 satoshi) and has also taken support at 20 DEMA. KEY LEVELS TO WATCH:- The supports to the lower side are present at 1800 Satoshi followed by 1600 Satoshi. If ADABTC manages to give a decisive closing above 2100 satoshi, the prices may rise in momentum to the resistance levels of 2600 satoshi followed by 3000 satoshi.
Long
by TradeDog-Research
King Cardano 2.24.21 The Real Ethereum Contender(Killer)Cardano holding MASSIVE strength during the sell off. I've NEVER seen anything like this out of a large cap. Beautifyl. If any large cap decouples from Bitcoin it will be this one as its already showing that it can handle the volatility better than even Ethereum. Cardano holders should be proud. It was actually up against Bitcoin during most of the crash and then immediately popped right back to 1 dollar. That tells you someone was loading their bags fat during that dip and very little dumping. I saw many coins shave off 30 percent in a matter of hours and they still have not recovered. Look for cardano to continue to build a base of support here before running again in the coming months. It might become a stablecoin for a while but thats ok . Nothing can go straight up and 1 dollar is a pretty huge psychological level.
Long
by BrandonrG
2
#ADABTC : Inverse Head & Shoulders!ADABTC has formed a multi year inverse head and shoulders! This Pattern makes me ultra bullish long term. ADA has been all the hype as ETH is experiencing mega gas fees that have truly annoyed crypto traders! ADA can take a few % of market cap from ETH fairly easily! If you where caught of guard by this recent crash, consider following us on Tradingview & Join The Crypto Collective! Start Replicating What Experienced Crypto Investors & Traders Do To Consistently Profit In This Volatile & Emotional Market! Receive Crypto Trading Signals & Copy Our Portfolio Learn Trading & Investing 'Best Practices' Consult With Like Minded Crypto Investors & Traders Join The Crypto Collective Link Below!
Long
by contemplatingcrypto
3
King Cardano 2.23.21Cardano still continuing to show massive strength in a volatile and battered market. not many are holding. This is one of the reasons i had moved a large portion into Cardano earlier in the week. Its stable for now and yes that may change and i may change my allocation but for now its 70 percent cardano 30 percent Kusama. I'm not including any long term holdings this is simply my trading account. some consolidation is expected but overall pay atention to the bitcoin pairing chart. Its clear that Cardano is going to surpass Binance, Ethereum and maybe even Bitcoin at some point in the next cycle. Jp.....or ami I? :p The fundamentals are just too strong with Cardano to simply label it "vaporware" like the Tezos tribal member try to pass it off as. Testing resistance as support may come down to the next prior resistance if this support fails. long term Cardano is going to continue to overperform until the chart says otherwise and it has alot of room to grow vs bitty.
Long
by BrandonrG
1