Cardano / Bitcoin

BITTREX

ADABTC

Technical analysis: . Cardano/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. . The RSI downtrend and the price downtrend in...

heading down in a bullish way should bounce back

We have seen a 200 SMA golden cross on both the Orange 50 SMA and Green 50 EMA. Price action broke out of the ascending triangle at 1100 sats. This support was retested subsequently and failed to break. We see a bullish engulfing on the 4hr follow through with a higher close on the subsequent candle. There is are bearish pinbars present with no follow through...

980 could be tested again

ADA resistances & targets

Long bids: 910- 980 OR wait for line break out Profit target: 1200 Stop loss: 905

ada

y33t

H4: - Change of trend - Uptrend forming - Tendency: upward - Above support => BUY

ada

ADA/BTC analysis

If you are not already in a position I would wait to see if resistance is broken

ADABTC, Sell on H4.

H4: - Tendency: Downward - Below resistance and 2 EMA => Sell

buy zone

WEEKLY:

Recurring theme here. sadly bitmex scam wick slipped me out on my first trade i posted. but we move on and re-trade. Imo LTC has had its reversal pump. EOS has had its reversal pump along with TRX, XRP had the reversal pump back when it did 70% in a day. Ada is left. daily closes above 200 ma means moon in crypto. 3 TP's crazy reward. broke MS but started a new...

Pair: ADA/BTC Exchange: Binance Trade Duration: Medium Risk: Moderate Introduction Cardano is a decentralized public blockchain and cryptocurrency project and is a fully open source project. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform...