Cardano is not still in bullish trend, and formed an ABC pattern to go down again I think.
It may go a bit up again but the power of sellers are more than buyer. Be carefull
This scenario is failed if price can go the orange line ion the chart.
Technically speaking, my beautidul and loved Cardano is neither on support nor far from resistance. For this reason I am willing to trade it again only at 1.408 or 1.655
Hope it makes sense,
Cardano is moving towards new ATH considering the ADA/BTC chart.
Currently we ca see the formation of a second bullflag since the head and shoulders breakout.
We expect some more consolidation before an upwards breakout.
Smart contracts are around the corner and money is coming towards ADA.
With its proof of stake mechanism it also is energy...
For almost 2 weeks, after a powerful fall, the cryptocurrency market has not been able to recover. A prime example of this is the Cardano Project (ADA) . This coin proved to be quite strong on the strait. Of course, this market did not escape a powerful wave of decline. A powerful rebound in the price to $2 per day gave a lot of hope to investors in the...
Hello Crypto traders!
Today we will talk about XXX/BTC cross pairs in the Crypto market as we see interesting developments.
In the previous articles we shared ETHBTC cross pair and BTC.Dominance chart which we potentially see them approaching key and strong target levels.
In this article we want to show you another two examples of XLMBTC + ADABTC and why BTC may...
Big pump before BTC crash - ADA holders are unfazed. Technology is finally catching up to the $1 hype from 2017. It was funny seeing crypto twitter buy the dip all the way down to $.05 during crypto winter, but the strong hands prevailed and was handsomely rewarded. I expect NVDA stock split stock to save ETH and carry BTC back to $50k (BTC is currently at $38k)....
We see that the ratio Cardano/Bitcoin or ADA/BTC it's bearish as Bitcoin take strenghten in the trend. That it's a clear signal that we would need to sell our Cardano coins to get Bitcoin and conserve our Bitcoin power. I sold today 10,566 Cardano coins and get 0.45 BTC (Bitcoin). This it's a bearsih signal if you look ADA/BTC. If you have any doubts, that it's a...
ADA pumped. But there's no rational reason for this price now.
It was obviously a fake out by whales.
ADA's status on all platforms is showing Neutral and there is no big support for this pump.
So don't FOMO, maybe the price stays this way and maybe it goes back down but it's not safe at all so don't buy it yet.
Wait for more confirmations.
Current Market Price:...
ADAUSDT - Intraday - We look to Buy at 1.413 (stop at 1.307)
Pivot support is at 1.400.
Dips continue to attract buyers.
We look to buy dips.
We look for a temporary move lower.
Broken out of the wedge to the downside.
Our profit targets will be 1.728 and 1.798
Resistance: 1.600 / 1.650 / 1.700
Support: 1.500 / 1.450 / 1.400
Since everyone is asking what else to buy than BTC, let's have some fun and try to turn 0.05 into 2.5 BTC in less than a year by investing in altcoins!
I have selected 13 altcoins to invest in, where I believe the average potential exceeds 10x within 12 months (End of January 2022), which would turn 0.05 BTC with 5x leverage into 2.5 BTC. To earn BTC, we will be...
First Selling trend is over.
second selling trend is strong and not over yet.
Consolidating in 2 levels mainly.
If candle closes above the 2nd selling trend line then it can again touch ATH