I made this chart to light up a friend who was going to buy ADA back in February. I've been following it pretty closely and I believe Cardano is about to make a huge move up.
The new trend line is very sound on the 4h. It's bounced off it 4 times now. When it drops below the middle band its usually sudden, followed by a quick bounce back up. The bands are now...
Hope you all are doing well. Congrats, BTC hitt 4800!!!:))
Unfortunately Ada didn't reach my target of 1850 yet. It triggered my stoploss around 1700 Sats.
Right now we are writing a red candle 1 on the daily. So let's wait a week and see what happens. I will set my buy orders lower. Ada can go down towards 1480, be aware of that. This area is a good...
TRX/BTC looks really good IMO - a good area to long. as a lot of other coins where shooting up, XRP and TRX have stayed releatively low and slowly climbing down or going sideways. This looks pretty solid... but if BTC falls, theres always a risk that the whole market just falls with it. So be careful.
XRP sports a similar look for the XRP/BTC pair, a HUGE year...
ADA has made a great bullish move to the upside, filling out the entire equidistant channel in the chart
The parameters for a Bearish Deep Crab have all been met
Point D still needs to be verified by a reversal in price action in the next few days.
Bearish divergence on all time scales up to one day
Plotted targets are your shallow retrace (38.2), moderate...
After reaching the targets ADA needs a cool off and retracement.
It can reach the
Targets but i expect a nice and deep retrace after hitting the targets.
The overall market is bearish so soon or late we will see ADA downfall.
Retracement will be soon. Question is if ADA will pump to 20k sats. before dump or if it will dump soon. Indicators are overbought, volume is desreasing - bigger players have to take profits and fill another long positions.
On the chart you can see alternate 1.27AB=CD harmonic pattern.