ADABTC breaking market structure and forming new structureIt appears ADABTC pair has broken market structure of the downward trend.
I expect we retrace towards the 0.236 fib level before making a trend back up towards the 0.618 fib level.
ADABTC trade ideas
🔥ADA/BTC Pair🔥 (detailed HTF & LTF Analysis) - CryptoBROQuarterly Charts looks awesome tbh but price is still below the 2020 all time high.
i wrote the objective price targets in the chart. of course things can moons way harder than we can imagine but i like to execute in a more objective way instead of hodling.
in the following i will switch to lower timeframes to get a better understanding of the pivotal levels BELOW the 2020 Level & using some Moving Averages
ADA/BTC Possible Break OutNo financial advice. Still learning to trade myself.
If candle closes up outside the trendline I hope we see more bullish action.
$ADA /BTC, Looks like a safe place to jump...$ADA /BTC
Important level retest, managing to hodl/flip into support seems key for continuation..
Current level has been very important for the last 6months where acted as resistance.
Looks like a safe place to jump where Invalidation is easy to spot.
#ADA
CARDANO (ADA/BTC) UPDATECHECK MY LAST ANALYSIS ON CARDANO, PLAYING EXACTLY LIKE PREDICTED. WAITING FOR TARGETS TO BE HIT.
ADA retesting new support. ADA testing new support. If it holds wait until the hour candle closes above previous high. Then BUY BUY BUY!
Cardano Price prediction in relation to BitcoinObviously the USD evaluations are based on todays price but one can check the price anytime on Coingecko.
IF cardano reaches this level against bitcoin we can expect prices along this lines.
smart money putting their BTC to workLooking to increase your ADA?
Whales gonna print a negative rising wedge but smart money is already longing this trade. Feb will be gogen release
ADA/BTC: Textbook inverse H&SWelcome to my new ADA /BTC Analysis!
Price has printed a textbook inverse Head and Shoulders pattern over the last two and a half years. All important criteria for this pattern are fullfilled:
1: The pattern occured at the end of a downtrend.
2: There´s perfect symmetry! The shoulders are the same width and exactly two times as wide as the head. It looks like painted.
3: The volume profile at the right shoulder is first declining and then increasing a lot, indicating buying pressure.
A break above the neckline at 1500 sats would -with high probability- catapult the price to the target around the previous all-time high at roughly 6000 sats. I´m very excited how this plays out over the coming months.
ADABTC is creating a bullflag 🦐$ADA.X bounced on 0.5 Fibonacci level, and now the price is creating a bullflag above weekly structure. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Ada/BTC 4th touch of supportAfter the 4th touch of the key support level, ADA has moved to a HH and HL confirming bullish signal.
BTC is falling against the USD, but ADA is expected to trade high against BTC
Falling wedge pattern in ADABTC, 30Looks like ADABTC maybe forming a wedge in 30 minute time frame.
May be a good place to weather BTC price sliding?
This happens to also coincide with the resistance levels in ADAUSD and ADABTC.
I have good feelings about this. But this might turn south if BTC drops too fast.
We may have found a short-term bottom for ADABTCAfter hitting resistance in the previous high, price movements in ADABTC slowed down and fizzled down below 1000 sats.
After hitting 991 sat, it bounced off only to hit 991 two more times. 3 times it bounced off of 991 sats, and the lows are gradually getting higher.
If the price can remain above the green dotted line, it may gain enough momentum to attempt another push at 1081 sat previous high.
ADA Long Entry after pullback to support1000 Sats was a key resistance level that has become support for ADA.
ADA has made large gains vs BTC over the last 2 weeks before pulling back to the 1k sats level.
Expect ADA to make further gains against BTC. It is still a long way off the ATH BTC value of 8900 BTC.
Target is 1500 BTC in the bull rally.
ADA bounced on this resistanceThe resistance now turned to a support. I expect the price to keep going up and complete its breakout.
