Expecting ADA/BTC to move towards the range high at 620 satoshis. All explanations are in the chart. Please leave a like and comment if you enjoyed the analysis.
Hi folks, hope you are doing well. In my previous post on Cardano with Bitcoin pair we have seen that the ADA had completed the formation of bullish BAT pattern. This chart was based on 12 hour time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the Fibonacci...
Priceline of Cardano / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. We have 50 simple moving average and 100 SMA supports within this PRZ area and both Moving averages are...
Priceline of Cardano / Bitcoin cryptocurrency has formed a bullish Crab pattern and it will be entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but Stochastic did not give bull...
Priceline of Cardano / Bitcoin cryptocurrency is moving within wedge and has hit the support. After hitting the support MACD is turned weak bearish from strong bearish and Stochastic has given bull cross. The price action has also formed a bearish Shark pattern and entered in potential reversal zone. I have defined targets using Fibonacci sequence. Buy between:...