Monthly level has been touched first in the form of green candle. Monthly level was tested 1st time in the form of red candle. It means two tests have been rejected. At the same time the red candle is going to test monthly support level at 1254. So 1486 is the monthly resistance where as monthly support is at 1254. As Monthly level 1254 had been broken so it is...
Hi, If BTC can hold the 9k level as per my previous post, then ADA against BTC has another level up to go. So lets look for that bullish candle at this level to jump back in. From a weekly perspective, we still have a bullish indicator from the Phoniex indicator (against BTC) so I'm still going to go long with my ADA. Just going to look for another entry point,...
As we have continued to update in the past days, we have seen the break of the longterm resistance (red) and the midterm resistance at 907 sats. The last was triggered by the second green candle after a succeful test and holding of the now new support at 907 sats. The first one got a succeful breakout on the second green candle of the weekly. We were playing the...
(Talking in timezone UTC+2) Yesterday night Cardano hopped on a massive jump from about 1250 satoshi's to almost 1500 satoshi's. The market started to catch up this afternoon, with a total daily gain of 25%! But that resulted in Cardano being overbought and the market correcting itself afterwards. Now is the time to buy back in, I assume it will get back to it's...
Cardano (ADA) has been inside of a falling wedge but it soon has to break for more target since it has some major news for JULY 2020. Set your alerts on the upper trendline of the move and ride the wave.
Cardano is ending is first phase. Will become a fully decentralized crypto next month. The project will show its true colors has it joins more websites like coinbase and others. Eyes will be in Cardano in the next year, has this 3 generation coin marks the future of proof to stack concept in cryptoworld.
ADABTC is attempting to break out of a strong resistance if flipped will most likely hit our TP1 shown in the chart. (22%) - As you can see it is also forming a bearish deep crab harmonic pattern. So I would suggest you sell it all at TP1 and buy back lower.at the 0.382 retracement.
On a weekly timeframe. Divergence has stopped the downtrend. Cheap EOS for BTC has been accumulating for almost one year. Exit from the side movement will give a decent growth. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
Cardano has formed a strong horizontal range on the BTC pair, which has recently seen some bullish movement Fibonacci spiral shows a clear head and shoulders pattern on the BTC pair On the USD pair movement upward can be expected between the two fib spirals And a bullish rising wedge?? Maybe..
Long Cardano ( ADABTC ) here. Strong pullback from support on weekly timeframe and steady growth. First target 540 satoshi, second one - 630 satoshi. Invalidation - falling below weekly low. Sneaky option - Trying to catch wick into 450 level, left some bids there. Hit the "LIKE" button and follow to support, thank you. Information is just for educational...
ADA is stronger than bitcoin. Bitcoin's weakness can play into the ADA's hand, which will break through the resistance. The trend angle can be seen on the blue support lines. There should still be the ending points. Whether it is through a pullback or immediately, it is like the market will give. Friends, thanks for your likes and comments! Good luck with trading!
ADA/BTC ADA broke the descending channel to the upside but with not enough strong momentum If we see a minor pullback. The potential good buy zone is at 460 sats area and targets up to 510 - 570 sats levels. Applying a tight stop-loss below 445 sats level.
Hi folks, hope you are doing well. In my previous post on Cardano with Bitcoin pair we have seen that the ADA had completed the formation of bullish BAT pattern. This chart was based on 12 hour time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the Fibonacci...
Some wedge symmetry, check out my last post for details on nature of the chart patterns will link.
200 MA 0.382 Fib Level at 506 sats and for Elliot wave perspective it looks to complete the wave 2. Well wave 3 Target could be 980 easy. I hope that now correction is over. Buy the Fear 17 and sell the Extreme. Please do like the Chart. Thnx
ADA/BTC ADA has dropped over 25% from the top 690 sats area. The price has now reached the average zone and gold Fib 0.618. Current price levels coincide with the previous resistance zone and have the potential to flip this into new support if ADA can break this descending trend-line resistance. I need to see ADA hold this current price for the next 4-7 days to...