Get started

Cardano / Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

ADABTC trade ideas

Potential for ADA to Outperform BTC in the Mid TermA technical analysis of the ADA BTC pair in the long term group of time frames (1W, 2W, 3W, 4W), mid term group of time frames (3D, 6D, 9D, 12D), and near term group of time frames (1D, 2D, 3D, 4D) using the Phoenix Ascending indicators and the Bad Ass Bollinger Bands , which are publicly available. Please see publications by David Ward @WykoffMode to learn more about the proper interpretation of these indicators. There is potential for BTC to outperform ADA in the near term group of time frames (1D, 2D, 3D, 4D) and for ADA to outperform BTC in the mid term group of time frames (3D, 6D, 9D, 12D). Although a higher high is possible in the 1W, lower highs are possible in the 2W, 3W, and 4W. This is not financial advice. I am not your financial advisor. These are my opinions.
Long
by Eightchains
7
ADA reversal imminentIn my opinion I think anybody could have foreseen the Cardano run it's had the last few months. This was too easy of a pick to get emotionally attached to. You made some profits, now lock them in. A lot of people bought this for the clout and have no idea what it is used for besides profit taking (currently its best feature, so use it). The protocol implementations aren't a big deal, and I think they are already priced in. It will be a big fat nothing burger. Best case is that nothing bad happens and the network doesn't get clogged. You have no more good news to look forward to as an ADA fan except for the next wave of mass retail speculation in late March or April. Wave patterns, bearish divergence on the RSI, and 4 failed breakouts at the upper trending resistance build a bearish case.
Short
by RickSmash
20