An interesting chart.
Price is making a flat pattern, a couple of weeks of relative ADA weakness, and the continuation to the upside.
In line with ADAUSD forecast, published earlier, see the link below
Take a look on $ADA, its time!
In the altcoin-season, you guys can make some excited feeling by changing the train like this, you can miss the best train or you can double the profit. The choice is yours!
I couldn't ignore the ADAETH chart, that is showing IMO an impending ADA explosion for the upside, a great opportunity to hop in on a possible ADA rocket that could last couple weeks, with positive gains for ADA against ETH and BTC. Will see what happens.
Eth has had its bull run long enough. The pair ADA/ETH has just hit its support level, which means that its time for ADA to take over. ADA has just took a huge dump which means that more people are willing to buy at cheaper price. Its time for ADA!
I love when the charts confirms the fundamentals. Cardano had its hype but ETH2 is validating and is first mover catching up. Sorry Betamax Cardano! No need to worry about obsolete tapes, just trade out from ADA to ETH and right the ALT Coin mega rocket.
ADA chars are wounded and if you find them bullish against ETH, let me know. Against FIAT Cash-is-Trash, it...
ethereum vs cardano
these two smart contract platforms are competing for market share. Cardano has finished POS but has no adoption. Ethereum has all the developers but doesnt have POS. ETH will be the winner in the short and medium term most likely, though time will tell . Regression lines are no indication of fundamental, and are always subject to change.
ADA/ETH just completed a beautiful harmonic reversal pattern known as the “bat” on the 1D chart. This is a very “clean” pattern and now we must look to see if there will be a reactive move to counter the downward trend.
X: 10 Aug '21 @ 0.0004630
A: 29 Aug '21 @ 0.0009160
B: 17 Sep '21 @ 0.0006895
C: 25 Sep '21 @ 0.0008295
D: 24 Oct '21...
Well it wasn't a good time to hold alts, as I posted in a previous btc dominance post.
Now that BTC has hit a main resistance, it will likely give the Alts a chance to start crawling up.
Not for long and maybe this weekend we will see some Alts gain some ground.
As for ADA against ETH. Its almost in the support level and I do see the macd giving some...
A successful descending triangle breakout to the resistance line will push ADA/ETH to the resistance line of the LARGEE 4-year cup and handle.
Confluences on the cup and handle and elliot wave counts are visible. it is better to enter ADA for now vs ETH. trade safe.
ADA is looking like it is ready to break out on the ADAETH chart. We've got a reset on the RSI so there is room for the bulls to buy without ADA quickly becoming overbought while if you look at the historical pattern of ADA versus ETH on the daily you will see that this chart is due for a rip to the upside. Not financial advice.
Cardano formed a double bottom and right now made a pull back in the necline. So, I consider that Cardano it's bullish in front of Ethereum ratio too.
So, I look that Cardano could reach the worth 0.00012 ETH. This it's interesting to now consider to hold Cardano in front of Ethereum ratio.
In conclusion, Cardano it's...
Ada/eth has been underperforming against ethereum. It is better to hold ethereum since Aug 30th 2021. I am trying to figure out where all this money is coming from and flooding into ada when they don't have smart contracts released yet. I don't see cardano as a contender against ethereum nor solana. Somebody please explain to me what protocols they are using in...