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Cardano / Ethereum

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ADAETH trade ideas

ADA Versus ETH? The charts are clear, there is a winnerI love when the charts confirms the fundamentals. Cardano had its hype but ETH2 is validating and is first mover catching up. Sorry Betamax Cardano! No need to worry about obsolete tapes, just trade out from ADA to ETH and right the ALT Coin mega rocket. ADA chars are wounded and if you find them bullish against ETH, let me know. Against FIAT Cash-is-Trash, it should be do well. Anything will do better than something that depreciates 5-10% per year! LOL
Short
by UnknownUnicorn2413721
ADA/ETH 1D Bat PatternIdea ADA/ETH just completed a beautiful harmonic reversal pattern known as the “bat” on the 1D chart. This is a very “clean” pattern and now we must look to see if there will be a reactive move to counter the downward trend. Price Structure X: 10 Aug '21 @ 0.0004630 A: 29 Aug '21 @ 0.0009160 B: 17 Sep '21 @ 0.0006895 C: 25 Sep '21 @ 0.0008295 D: 24 Oct '21 @ 0.0005159 Potential Reversal Zone AB=CD: 20 Oct '21 @ 0.0005418 XAD: 24 Oct '21 @ 0.0005146 D: 24 Oct '21 @ 0.0005159 Conclusion All three levels in the “potential reversal zone” were triggered by 24 Oct '21. This signaled a buy in regards to this particular pattern @ 0.0005146 (the lowest point in the pattern or XAD). We would like to see some strength on the RSI before committing to this trade but those who feel comfortable with the risk...this could be an excellent opportunity at these levels. For those of you not feeling keen on selling Ether, this chart suggests a coming increase in the price of Cardano against the dollar as well so you have that option if you feel it better suits your strategy. Run a 0.0003725 stop loss and a 0.0007420 take profit. Good luck friends!
Long
by UnknownUnicorn13678091
1
ADA/ETH: Double bottom + pull backCardano formed a double bottom and right now made a pull back in the necline. So, I consider that Cardano it's bullish in front of Ethereum ratio too. So, I look that Cardano could reach the worth 0.00012 ETH. This it's interesting to now consider to hold Cardano in front of Ethereum ratio. In conclusion, Cardano it's look bullish in front of 2 main cryptocurrencies: Bitcoin & Ethereum ratios. I'm bullish in Cardano. But don't worry, becuase I will going to check their dominance in Cardano, Ethereum and Bitcoin too.
Long
by harisonhbn9718
ADA/ETH 2Day Time FrameAda/eth has been underperforming against ethereum. It is better to hold ethereum since Aug 30th 2021. I am trying to figure out where all this money is coming from and flooding into ada when they don't have smart contracts released yet. I don't see cardano as a contender against ethereum nor solana. Somebody please explain to me what protocols they are using in the cardano project because I would love to know if anything exist in the cardano ecosystem or if this price is driven by hype. TLDR, holding ethereum is better at the moment as it has been underperforming. It is doing great against BTC but Ethereum is also outperforming BTC.
Short
by WiThConFi
ADA vs. ETH (Y21.P6.E1) Hi All, 2 of the current market leaders right now are ADA and ETH. Hence it makes sense you know when to flip from ADA to ETH and there will be a time to BTC. I have set out the weekly chart with clear support and resistance levels and why the top has a rejection right now. We can agree, ADA had a strong run against ETH recently and I wish I paid attention to this chart more so at the time but now I have flipped alot of my ADA to ETH as we can see ETH taking its turn. I'm not going into detail about the TA, the chart does it. Key points: > I have added the weekly 20 and 50 MA which have confluence with the price action along with the fib levels. > ADA not likely to drop hard and fast against ETH but in the shorter time frame, we expect ADA and ETH to level out and ADA to slowly lose against ETH > Have 2 other supporting charts , not the indicators > Have ETH dominance chart and ADA dominance Chart, ADA seems to have toped where as eTH has more to the upside. Link below shows my last post on this subject. All the best, S.SAri The indicators also help support the notion of a reversal top. ETH dominance versus ADA dominance on the 4 hrly chart
Long
by ssari
3