After a monstrous rally, Cardano might be prone for a major correction. A symmetrical triangle pattern is forming. This pattern could perform as a bearish continuation, in which case we would be seeing a large drop in price. As you can see, the 0.618 level is acting as a strong resistance and the 0.786 level has been broken a few days ago. If BTC skyrockets like...
I'm Beginner .. so be careful
if break out upper line and test 6050 and pass it, it will go up
if break out lower line and test 5500 and pass it, it will go down
-- Still news can change any chart
So many expectations in this altcoin that could be placed nothing more or nothing less than in the fifth place in the Coinmarketcap ranking.
After having three excellent pumps followed by a period of consolidation when days after having a recession of almost 100% of the last pump remaining flat but consolidating in the shadows, forgotten.
This is the moment when...
ADA been moving flat for a few hours, hope you bought when it dipped!
I think once the MA 200 catches up to the MA 50, 100, it'll go up from there and continue to go up from the triangle. If it does, ascending triangle will show itself and signal bullish.
Price currently hovering around the 50d MA and MACD about to turn positive on the 4hr chart (sometime in the next 8-12 hours). I am buying ahead of the herd for the next move up.
in the world of graphs and cryptos.. there's never been a more pure example of a good product out he gates, MAXIMUM buying power and subject to current market conditions examples than ADA. In my opinion, ADA has the team, the knowledge and the drive to have everyone on board. The question is.. How to I maximize profits to the top!?
LUCKLIY ADA has fallen...
ADA just completed its fifth Elliot Wave, and we are currently on our way to step C of an ABC wave formation. ADA future trend is dependent on how it performs over the next week.
If ADA reaches the blue box (step C) and breaks out upward, expect another Elliot Impulse up. I believe this is unlikely because of a head and shoulder formation from a TA perspective,...
The best moment to enter into this transaction will be on the last correction from the Elliott Waves 6700 satosi to be shore that we broke the resistence
else we will wait to see what is happening.
For a short term target you can take a good profit on 7700 satosi but if you aim for a long term the target its @ 12000 satosi (1.272 Fib)
As we already know Cardano...
