Can Ada outperform Eth next bullrun ?ADA / ETH
ADA was one of few coins last week its reaction against Btc dump was amazing and didn't drop hard like most of others
Here with ADA / ETH pair weekly chart :
we can see strong resistance since 2018 just broken few days ago
This mean if the bullrun is still vaild we can see ADA outperform ETH in next bullish wave
Important : weekly candles must close above this resistance and dont close below again
Remember ...You should have a plan before trading and expect everything
Dont trade what you cant afford to lose
Best wishes
ADAETH trade ideas
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
💡Don't miss the great buy opportunity in ADAETHTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000231).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAETH is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 0.000274
TP2= @ 0.000310
TP3= @ 0.000357
TP4= @ 0.000409
TP5= @ 0.000477
TP6= @ 0.000560
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAETHTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000231).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAETH is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 0.000274
TP2= @ 0.000310
TP3= @ 0.000357
TP4= @ 0.000409
TP5= @ 0.000477
TP6= @ 0.000560
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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!