Get started

Cardano / Bitcoin

0.00000627BTCR
−0.00000007−1.10%
As of today at 02:40 GMT
BTC
No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

ADABTC trade ideas

ADABTCADABTC with the bitcoin weakness we are going to take a look at ALTS/BTC first looking at ADA on the daily timeframe market has broke above structure with a strong bullish move followed by a retracement to test previous daily resistance as new support which has rejected a number of times.... we are waiting on the 4hr TF for market to break above this falling wedge and create a new higher high then we can take the long on the retest of support if all rules are met
Long
by BullmarketFX
ADABTC important areas and trendlinesHI guys, just wanted to share this breakdown of the current situation. On the strong move up some zones of resistance were created (blue zones). These now act as support zones when the price is moving down and as resistance when the price is moving up. The lowest blue zone will act as major support as this is the former long term resistance area we finally broke through last week. Also the red diagonals are important trendlines to which the price will be attracted to or reflected of. You can use this as a guide to determine where the price would possibly reverse. Breaking above the upper red diagonal should be seen as a breakout out of a flag formation which is very bullish and could definitely result in a higher high than the top created last week. For now we are not there yet. Have to wait this out and see where we are heading. I wish you all good luck!
by RuDa01
6
Potential for ADA to Outperform BTC in the Mid TermA technical analysis of the ADA BTC pair in the long term group of time frames (1W, 2W, 3W, 4W), mid term group of time frames (3D, 6D, 9D, 12D), and near term group of time frames (1D, 2D, 3D, 4D) using the Phoenix Ascending indicators and the Bad Ass Bollinger Bands , which are publicly available. Please see publications by David Ward @WykoffMode to learn more about the proper interpretation of these indicators. There is potential for BTC to outperform ADA in the near term group of time frames (1D, 2D, 3D, 4D) and for ADA to outperform BTC in the mid term group of time frames (3D, 6D, 9D, 12D). Although a higher high is possible in the 1W, lower highs are possible in the 2W, 3W, and 4W. This is not financial advice. I am not your financial advisor. These are my opinions.
Long
by Eightchains
7