Cardano during the Bull Run period showed 280% net growth paired with Bitcoin. At the highest point on the chart, I saw good sell volumes. At the moment, the trend line is a magnet that we are going to reach. Since there is still a bullish market trend, I expect an upward rebound from the trendline, and only thus we could talk about the continuation of the...
Cardano (ADABTC) has been very slow on the retrace and is already showing signs of prices bouncing...
Let's have a closer look by reading the 1H timeframe chart.
Here we have multiple bullish signals starting to develop and they go as follow:
We have a falling wedge pattern breaking out bullish.
A bullish divergence is present with the MACD and RSI.
Cardano (ADABTC) only printed a small retrace and is ready to continue growing... The bears have no say in this chart.
Here we have the "cup pattern", strong trading volume, prices moving above resistance, and bullish indicators (MACD and RSI).
With all these bullish signals in place, Cardano can continue to grow.
Additional targets and support levels can be...
I am testing this new update of CROSS v2 indicator and show nice signal when below ma200, usually bottom signal look how many times this warned of possible bounce on this "bottom".
X Force Global Analysis:
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Parabolic moves are extremely common among cryptocurrencies, as there are no market brakes like the stock market. In this analysis, we analyze ADA's insane parabolic move through the parabolic curve model, and assess its probable next moves.
Just 4 days ago, 13 July, I shared the chart for Cardano (ADABTC) mentioning the bearish bias and potential support targets... See it below:
Today, I would like to give you a quick update.
The bears remain in full control.
Cardano (ADABTC) is looking to make a strong...
This is not my complete list however it will do for now.
Below is my thoughts on certain coins and how to trade them.
Please give me a like or tick for this post.
REP.BTC (correction to the above target) 2...
Here we go again...
Cardano (ADABTC) might have peaked.
We have strong bearish divergence with the RSI and MACD.
The divergence is marked here with a purple line.
Notice ADABTCs price closing higher while the MACD and RSI are closing lower.
The colored dashed lines (grey, green, blue) on the chart are the main/strong support levels where ADABTC can find support...
. There is a possibility of temporary retracement to suggested support line (0.00001215). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ADABTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Cardano did break the triangle down but them push up with a fake bearish movement. Is now above main Support looking for a fib's ATH retrace of 0.25 cents or 0.35 cents.
You well never see me shorting this Project as I think it has lots of potential. Cardano is a slow project but a very perfected one, with security and stability.
Leave a Like if you agree and...