Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for ADA, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Bitcoin (BTC) has maintained its position well above the $ 60,000 psychological level; It is now possible to climb the $ 65,000 resistance in the near future.
The rise of Bitcoin above $ 60,000 was a big step towards greater dominance of cows. After that, even the resistance levels of $ 61,500 and $ 62,000 were conquered one after another.
The $ 62,887 peak was...
Hello,LINK is in a long-term uptrend channel and the price fell after hitting the channel ceiling.If the price breaks the downtrend line, the price increase was for a long time.I think we will see the price increase to $ 100
Bitcoin retested the support zone and bounced from there. BTC needs to hold above $62,500 to go towards the $65,000 resistance area. The overall market sentiments are bullish however we have seen a dump on 19-21 dates of the month in the last few months so we may see a little correction here. The support levels remain the same.
I'll share the full technical analysis soon.
Ok guys just a quick update for ADA and we're still stuck in a squeeze! Still a good time for buying I think.
4hr hammer candle could help get us out of it but either way guys I'm not worried because ADA has developed a very strong base below it its just a matter of time.
Two times this year ADA has PUMPED NEW ALL TIME HIGHS while the whole market was RED!!!...
#ADA broke down from ascending support line in BTC pair chart. now price face a strong support zone between 0.5 and 0.618 fib of last swing high. also there is divergence between lows of price and RSI. and we can see a long term support in RSI that is near to touch. these reasons may cause a rejection from fib support zone, but it can be just a pull back...
10.18.21 1043H +8 SINGAPORE
ALERT: About to POP as $BTC Breaks Highest High
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries...
The main view of this trade idea is on the 2-Hour Chart. The cryptocurrency Cardano (ADA) has been in a rangebound movement or rectangular pattern since late September 2021. Expectations are for the cryptocurrency to test the 2 support level and break down lower towards 1.60. Failure of this move would be observed if ADA were to rally above 2.35.
The sentiment for cardano on social media is bearish which is historically always the case after succesfull releases. People not understanding cardano already forgot how smooth Shelley and Goguen was rolled out. Imagine what the release of Basho (scalability) will do with the future price knowing that de cardano blockchain is already an awesome working...
Cardano (ADA) is looking strong against its USD pair. $2.00 support remains strong and to be holding. Range of $2.00-$2.15 is a decent entry for a long-term buy/trade. I see this pattern playing out over the course of the next 2-3months with a target price of $4.00. *Note ADA is still dependant on BTC, so a strong upward move for BTC could push ADA back down to...