Cardano / Bitcoin
0.00000720BTCR
+0.00000019+2.71%
As of today at 15:52 GMT
BTC
No trades
ADABTC trade ideas
ADABTC - Cardano still bullish, despite crazy flash crash. ADABTC just saw a cross of the 20 day SMA above the 50 day SMA on the daily chart, despite the flash crash during yesterday's FUD bitcoin dip. This shows incredible strength in Cardano against Bitcoin, and the pattern I shared previously is still in play with a target of 2979 sats.
Expecting a 30% move on ADA this weekADA is having an Africa announcement this Thursday. I believe it will be the catalyst for ADA to go back to the pervious high on BTC.
So expecting at least 30% move up, I don't think this is a buy the rumor sell the news event, ADA has barely moved past months, this I believe will push it up to fight against BNB for the top 3 crypto
Crypto|ADA/BTC|LongLong ADA/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Black arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
Don’t bet on ADA/BTC just yetADA has recovered already its loss in BTC terms from last week and it looks like it might be set to resume its upward trend. But ADA/BTC is well below its February high.
We’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002279 BTC at 10:02 AM UTC at the binance exchange on Monday, April 26. In your opinion, will ADA/BTC trade above 0.00002621 BTC (+15.0%) at any time before May 15?”
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Assurance: 58%
While it's somewhat bullish, this means that Hybrid Intelligence does not have a strong conviction about ADA/BTC.
The relatively low BTC dominance of about 50% is favourable for alts yet perhaps ADA shouldn’t be the primary choice for a short-term trade.
ADA/BTC, Cardano/Bitcoin - a great potential👍Preconditions:
- price is in a range more than 1 month
- price made false breakout
- long movement near to the key level
I expect on squeezing, breakout and retest. Only after this scenario I'll open a position. Once more: only after retest.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADABTC - Cardano quietly pushing through key resistanceCardano is currently testing key resistance against BTC on the daily.. as of this publication it's above the resistance line, but there are 17 hours to go on the daily candle, so waiting to see if the bulls can keep the grind up long enough to wear down the bears on increasing volume.
There's a cup and handle pattern at play with a target of around 2750 sats (not charted, but it's pretty easy to see), as well as continuation of the symmetrical triangle breakout with a target of 2979 sats.
Some levels to watchHello everyone, I hope you're doing well
Small update for ADA.
I was expecting a correction after hitting the 2$ mark but the volatility and the equilibrium formed at Bitecoin decided to push BTC/usd to oversold territory on the daily. A similar event can be seen on ADA/USDT where we have hit 30 points at the RSI for a brief oversold instant. I don't think this is over in USDT terms, Bitcoin has a big opportunity to go oversold and play the 41000$ support, this could lead to a potential correction for ADA in the 0.70$ /0.80$ area where two big supports stands. If this will happen, it should occur during the next 5 or 6 days or if the weekly candle closes under 1.03$ looking for the support of the EMA 26 currently at 0.75$. I don't really expect this now, as maybe this kind sounds crazy, because ADA didn't went parabolic yet to see a monthly consolidation (as other coins did like Theta or ENJ).
On the short term the 4 hrs and 12 hrs are not looking great. We have at the 4 hrs for the first time since September a bear cross of the EMAS 12 and 26 under the 200 and a test of the support on the 12 hrs of the MA 200 and EMA 200 suggesting a weekly consolidation (and so a touch of the EMA 26 on the weekly). On the 12 hrs (I don't have the timeframe to show) we can also see that the next support is at 0.80$ where if it closes there we will be oversold on the RSI.
Daily ADA/USDT
Weekly ADA/USDT
4hrs ADA/USDT
But here we are concerned about ADA/BTC. Despite the bearish (shorterm) perspective of ADA/USDT. ADA/BTC is not bearish. On the daily we can see that the trend is currently holding well over the EMA 26 and trading in a triangle. This triangle has strong possibilities to break bullish due to fundamentals next week (and the weekly close, see weekly hart) or in the worst case to continue sideways following the correlation with bitcoin. This correlation is presents since the start of March. In case of a bullish breakout we can anticipate that the dynamical resistances in green will form a local top, this is the major resistances to break if we want to see 4100 sats and a possible wick to 6000 sats.
On the short term we can see that the 4 hrs is very likely anticipating a big move in the next days, I expect to see it happen Monday (26) or the next day for the break of this triangle. Meanwhile the 4hrs should hold the trend over the EMA 200, if it goes under it the likelihood for a break downward are increased. In that case 1870 sats is an important level.
ADA/BTC weekly
4Hrs ADA/BTC
