Just showing the possibility of a very near uptrend for Cardano. Sitting at the 1.18-1.20. it now has checked this area for support over and over again. This is the first time in a while forming a BULLISH triple bottom settup. Look for further upward movement going forward. Will we see our 3.00 again?. Looks possible. Good luck , hope you are all enjoying ur weekend
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Be ready for confirmation/retest just above previous drop. After that were off to the races!!
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Support found @ .236 fib, if this is our bottom we are looking at a significant uptrend. I do see a possible head and shoulders forming so heed with caution for a possible breakdown of the current support line/ neckline
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Sorry guys it didn't hold. I hope I gave you all enough warning.
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Upside looks like we hit the triple bottom. Cheap buying opportunity. Look for the breakout soon
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Hey everyone, I appreciate the likes. I try my best to project what I see on a very simple format. I am by no means a technical analyst, I'm not going to give you reasons as to why the market will or won't succeeded. I call out patterns as I see it. I have very little knowledge in many crypto. I just study the patterns. I am not going to give you an over analyzed breakdown of where we are going. I don't feel it's needed. I don't want to fill the published ideas out here with an overwhelming amount of reasons why you should buy or sell. If your looking for that type of information, there is so many hard working devoted people on here you can get that from. I myself feel you all look at these ideas for the main reason of supported input and that's all I can give you. I try hard and have a lot to learn and appreciate everyone noticing. Thank you for the followers and the likes. Everyone has to start out somewhere and I'm just trying to build a foundation. You are all much appreciated.
So I just want to say.THANK YOU !!
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I personally see a Next stop retesting previous support as resistance @ $1.17-$1.18 .possibly a retrace, looks like we have decent support tho to move forward
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Top reached, expect a retrace to test support @ 1.30ish