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!
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...
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...
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...
2 of the current market leaders right now are ADA and ETH.
Hence it makes sense you know when to flip from ADA to ETH and there will be a time to BTC.
I have set out the weekly chart with clear support and resistance levels and why the top has a rejection right now.
We can agree, ADA had a strong run against ETH recently and I wish I paid attention to...
I believe ADA is likely to continue this path until a few things are sorted out with ETH.
The condition, that it breaks this level with the TL resistance (green line)
Once ETH break the 3300 range, it has still a few resistance levels where as ADA is doing price discovery and I have it going very high.
Refer to one of my posts for the macro...
If Cardano closes the August monthly candle above 0.00065ETH, I'll convert a % of my ETH holding into Cardano
For ones who think they have missed the Cardano Train of gains, check its chart Vs. ETH
Cardano can double your ETH holding
Erratum: 320 must be 32.00 USD, this ia a revision for the chart (001A)
Cardano/ETh looks bullish!!! CUP and HANDLE!!With the Launching of the smart contracts , and if the global marketcap for crypto hits 10T, ETH would be playing in the USD 20K area, then we reach 32USD. Trade safe.
Cardano/ETh looks bullish!!! CUP and HANDLE!!With the Launching of the smart contracts , and if the global marketcap for crypto hits 10T, ETH would be playing in the USD 20K area, then has reached the USD 320.000 Area.
In these chart, I want to discuss Cardano/Bitcoin ratio & Cardano/Ethereum ratio. They're bullish. That mean that Cardano it's takeover power in front of Bitcoin and Ethereum.
Cardano it's look extremely bullish in front of Bitcoin. We see a bullish rising wedge and my next forecast it's that Cardano it's leading to reach 0.000068 BTC. Now, this...
Cardano it's look weakness in front of Ethereum. Because Ethereum it's takeover power of cryptocurrencies like Cardano, XRP, Chainlink, and also Bitcoin. Ethereum rally it's showing us that it's so powerful than Bitcoin. For that, this scenario could to happen if Cardano continue crashing in front of Ethereum.
Cardano may to go down to 0.0003 ETH approximately...