ADABTC trade ideas
🔥ADA/BTC Pair🔥 (detailed HTF & LTF Analysis) - CryptoBROQuarterly Charts looks awesome tbh but price is still below the 2020 all time high.
i wrote the objective price targets in the chart. of course things can moons way harder than we can imagine but i like to execute in a more objective way instead of hodling.
in the following i will switch to lower timeframes to get a better understanding of the pivotal levels BELOW the 2020 Level & using some Moving Averages
ADA price prediction: Sat value, BTC pump and smart contractsI think ADA could be one of the big winners this bull market.
ADA is one of these projects that always had development on the first place, and marketing on the second. It's not hyped at all, and the technology is solid as a rock (read: scientifically proven).
But, once smart contracts are live from March 2021. We'll see massive marketing from parties like PWC, which is a partner of Cardano Foundation.
I've based my modest prediction on ADA reaching the same Satoshi value as previous ATH.
First, and I think it's low, $2,91 per ADA could be achieved if 9000 satoshi is on the table.
Second, a parabolic move of BTC to 6 figures could poor a lot of money into ADA at the end of the bull market; like seen in Jan 2018.
Third, we need to take into account Cardano is going to launch smart contracts in March which could make this amazing platform skyrocket is value; all depending of course on how many new projects are created, and how many existing projects move from Ethereum to Cardano.
Personally I think Cardano could reach $10,- or more in 2021, especially if the smart contracts become a success!
$ADA /BTC, Looks like a safe place to jump...$ADA /BTC
Important level retest, managing to hodl/flip into support seems key for continuation..
Current level has been very important for the last 6months where acted as resistance.
Looks like a safe place to jump where Invalidation is easy to spot.
#ADA
ADA/BTC: Textbook inverse H&SWelcome to my new ADA /BTC Analysis!
Price has printed a textbook inverse Head and Shoulders pattern over the last two and a half years. All important criteria for this pattern are fullfilled:
1: The pattern occured at the end of a downtrend.
2: There´s perfect symmetry! The shoulders are the same width and exactly two times as wide as the head. It looks like painted.
3: The volume profile at the right shoulder is first declining and then increasing a lot, indicating buying pressure.
A break above the neckline at 1500 sats would -with high probability- catapult the price to the target around the previous all-time high at roughly 6000 sats. I´m very excited how this plays out over the coming months.
ADABTC is creating a bullflag 🦐$ADA.X bounced on 0.5 Fibonacci level, and now the price is creating a bullflag above weekly structure. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Falling wedge pattern in ADABTC, 30Looks like ADABTC maybe forming a wedge in 30 minute time frame.
May be a good place to weather BTC price sliding?
This happens to also coincide with the resistance levels in ADAUSD and ADABTC.
I have good feelings about this. But this might turn south if BTC drops too fast.