ADAETH trade ideas
ADAETHGot a bit more ADA instead of ETH as gas fees are restricting ETH's growth. Price printed a new WEEKLY CONTROL CANDLE last week. This week price broke the high and tested it. Good rejection and took half of a position. The other will be added if price retrace.
A altcoin cycle has ended and/or something is about to change!In many ALT/ETH charts i find the same pattern: They all topped out at resistance. And looking back in history, this is a time to convert some alt gains back into ETH.
ADA/ETH ADA will be king.ready for the moon or did you still want to pay arm and leg on gas fees on ETH.
growth on ADA is gonna be insane with 23 million software developers.
WATCH FOR THE BREAKOUT ON HOURLYAn upward breakout is a confirmation to the road to 0.00055
Target 1 = 0.00052
The chart shows possible support in case of a downward breakout
ADA is likely to break all ATHs !ADA/ETH is likely to regain the resistance level and it might go for the ATH in this bull market...
Who knows? ;)
You may want to look at this.I drew this chart and I have been watching it for days. The price movement has perfectly followed a descending triangle pattern and has finally broken out. I think the way is most likely up from here.
NB: The dash greenlines on the chart shows possible resistance.
MY FIRST EVER TAIf this scenario plays out, ADAETH price movement might be forming an ascending triangle
uhm yes pleaseits time boys and girls. As the giants stabilize, a positive and confident sentiment pours into the smaller alts. Cardano is in a prime long accumulation phase. Current entry above .00025. stops around .00022 but flexible at the moment.
long the everloving christ out of this bitch
cheers
ADA/ETH You should probably look at thisAll I want to say is that this is the whole chart all the way zoomed out and as you can see there is a clear pattern here.
ADAETH: ADA vs ETH ADA vs ETH
ADA will bypass ETH in the long term
How do you think ? We write our answer in the comments.
ADA/ETH UPDATEHello fellow traders!
Today I am analyzing why I think using your ETH buying power into cardano might be a good move. I have previously posted a chart showing the oversold conditions of this asset.
On the weekly chart there are several indicators showing bullish momentum.
MFI- really oversold to the point where we really haven't seen these levels for quite some time.
RSI- Nice bounce off of a key support area
also we have a WEEKLY bullish engulfing candle, signifying that we might go higher.
please like if you enjoyed this content also not financial advice just my thoughts ;)
ADA/ETHThis is a follow up to my previous post. In my opinion, it might be a good thought to put your ETH buying power to work in Cardano (ADA)
As you can see indicators are oversold possibly due for a reversal. Meaning Cardano might just increase your ETH you have now. Just about every time these level are reached, a possible reversal is a high probability.
This is more a swing trade opportunity. Money moves into patient hands.
With ETH reaching new highs, and it's indicators forming lower lows, ETH might be more subject to the downside.
Good luck!
Buy ADA Sell ETH Alt/Alt ratio tradePrice action suppressed relative to slow and fast line for ichimoku
Yes this is a weekly so find your entry on daily/4hr as to your trading style
Can price action be suppressed even more? Sure...
Stoch beginning to reveal consolidation
MACD confirmed downtrend last week candle (so why no T/K cross over yet???)
Price action indicative strong support zone
Considering the aforementioned, i prejudice some sort of volatility in this ratio over the next week or so
Wonder if ADA about to pump...eh eh ;)
S/L 2704?
T/P 4300ish T/P2(blue line) 4700
R/R 2.53 R/R2 3.65
Profit Weekly~~~
ADA / ETH long move expectedWarning! This is my first public idea, I am just learning.
Found that Stochastic RSI in buy condition and S1 level crossed.
