ADAETH trade ideas
ADA/BTC & ADA/ETH=bullish signal!!!In these chart, I want to discuss Cardano/Bitcoin ratio & Cardano/Ethereum ratio. They're bullish. That mean that Cardano it's takeover power in front of Bitcoin and Ethereum.
1. ADA/BTC:
Cardano it's look extremely bullish in front of Bitcoin. We see a bullish rising wedge and my next forecast it's that Cardano it's leading to reach 0.000068 BTC. Now, this it's an example: If you hold 1,000 ADA, So, and if you want to get profit in Bitcoin ratio, your profit will be 0.068 BTC. It's nice if you hold Cardano. In my case, I hold 14,414 ADA, If I decide to sell my 14,414 ADA in Bitcoin, my profit in Bitcoin ratio will be 0.98 BTC. This it's so incredible and 0.98 BTC it's so near of 1 BTC in my profit. Incredible!!!
2. ADA/ETH:
cARDANO It's look bullish too in front of Ethereum. We see a simetric triangle and my next forecast it's that Cardano it's leading to reach 0.0013 ETH. Now, this it's an example: If yo hold 2,000 ADA, So, and if you want to get profit in Ethereum ratio, your profit will be 2.60 ETH. It's very nice if you hold Cardano and if you planning in Ethereum. In my case, as I hold 14,414 ADA. If I decide to sell my 14,414 ADA in Ethereum, my profit in Ethereum ratio will be 18.73 ETH. So, 18.73 ETH it's incredible holding Ethereum too. And also, applying the reversal strategy of ETH/BTC or knowed like Ethereum/Bitcoin ratio. You can to use your 18.73 ETH and hold until reach like 0.14 BTC for each 1 Ethereum that you accumulating. For example: If I planning to sell my 18.73 ETH in Bitcoin at 0.14 BTC. So, my profit in Bitcoin will be 2.62 BTC. So 2.62 Bitcoin it's really brilliant.
So guys, this it's very educative content that it's support you a lot. Also, I'm accumulating Cardano coins in my trading app that I use and one of my goal it's to reach a minimum 17,000 ADA, This it's my next up plan to accumulate Cardano during this rally until I decide when to sell Cardano in front of ratios that I know. Right now, my worth in Cardano in Bitcoin it's around of 0.66 BTC coins and in Ethereum it's around of 9.51 ETH coins
That could to to happen with Cardano!!!Cardano it's look weakness in front of Ethereum. Because Ethereum it's takeover power of cryptocurrencies like Cardano, XRP, Chainlink, and also Bitcoin. Ethereum rally it's showing us that it's so powerful than Bitcoin. For that, this scenario could to happen if Cardano continue crashing in front of Ethereum.
Cardano may to go down to 0.0003 ETH approximately and more down than 0.0002 ETH. If that happen, I may to get over 28,000 Cardano coins if Cardano down to 0.0003 ETH or over 40,000 Cardano coins if Cardano down to 0.0002 ETH. Now I have this plan in Cardano that may to weakness more as Ethereum strenghten the trend.
I don't going now to buy altcoins when Ethereum takeover power!!!
Convinent Bags: ADA/ETHinteresting to note this pair; flippening and grayscale additions (as per prior post here: )
in addition to the above reference / journal entry, one must note that this pair will be critical to watch in addition to the eth/btc pair.
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