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ADABTC.P trade ideas

Cardano (ADA) Explosive Upside 2021Just looking at a long term chart analysis of Cardano's (ADA) Bitcoin pair from 2018 is pretty exciting. Currently trading at 1000 Satoshis we still have about a 700% climb before we even begin to re-test all time highs on the Bitcoin pairing. I believe it's about another 350% climb from the U.S. Dollar pairing until we re-test all time highs. With that being said there's plenty of room for growth. If you're still looking for a strong project with sound fundamentals that still has a lot of upside, not overbought or in price discovery phase, then consider researching Cardano (ADA) to add to your portfolios or positions for this bull run. Cardano (ADA) has one of the biggest academic research teams in cryptocurrency and it remains a 10 cryptocurrency. With the growth of entire market and more news of innovators developing on the on the Cardano (ADA) blockchain this year we can definitely expect Cardano (ADA) to inevitably re-test those 2018 all time highs this year. If you believe in the Cardano (ADA) project then these are great times to take a position or get a nice bag together at these price levels. It is still early for Cardano (ADA). Major Resistance Area: 1500 Satoshi Current Support Area: 750 Satoshi
Long
by peacefuljustin
ADA consolidationADA has found support in the green zone we defined early december. It touched our second target around 930 sats and is now consolidation around our first resistance level. As long as Bitcoin decides to chill, we could see ADA performing well during the next couple of weeks. Trading above the 50 & 100 EMA with the 50 EMA coming closer to the 100 EMA. I'll be looking for the 50 EMA to cross the 100 EMA after which I'll enter a long with a target around 1200 (daily level).
Long
by Coinathlon
$ADA/BTC 1D (Binance Spot) Falling wedge breakout & pullbackCardano broke out of that big falling wedge, this is surely a bullish pattern, fill your bag in the zone. Also, 100EMA seems to be supporting the current price action, and fundamentals are very positive (Shelley release)! Current Price= 0.00000831 Buy Entry= 0.00000831 - 0.00000781 Take Profit= 0.00001034 | 0.00001162 | 0.00001348 Stop Loss= 0.00000692 Risk/Reward= 1:2 | 1:3.12 | 1:4.75 Expected Profit= +28.29% | +44.17% | +67.25% Possible Loss= -14.14% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 1080h
Long
by TradingOn
2
ADABTC: Strong Bullish Sentiment Forming in the Near Term GroupHi Everyone! Simply pointing out it's looking POSSIBLE for ADAUSD to avoid a drop to the Yellow B-Band Basis in the 2-Day TF. Is it still possible to push it to the Yellow B-Band Basis in the 2-Day to act as a Shakeout just before going up HARD? Sure, that's possible... We'll continue to keep an eye on the Green being higher than the Energy in the lower time frames for ADAUSD. With that said, ADABTC is beginning to form strong support for the narrative of ADAUSD going up strong in the near future.
by WyckoffMode
23
Cardano Solid vs Bitcoin (Above Resistance)Cardano (ADABTC) is really solid right now moving above resistance in the form of EMA300 and EMA200. These are the brown and grey lines on the chart. As long as we stay above these levels, this pair is looking good. Prices are also trading above EMA10/21/50/100. The last mayor barrier left is MA200 at 0.00000925 (925 satoshis). Breaking below support would send prices lower but the bullish bias remains as long as the last low stays intact. Cardano is looking good. A good place to park your funds. Namaste.
Long
by MasterAnanda
9