Technical analysis: . Cardano/Ethereum is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 29. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . Cardano/Ethereum is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 29. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Cardano rides a powerful and well defined Bullish pattern since mid December, it's been consolidating for a while and lost a bit of pace compared with ETH and others, but the overall technical setup looks really strong at this point. The Main resistance is around $0.10 and the projected target of a breakout sets at $0.175 using semi-log scale and a classic...
Look at the chart, you'll understand the thing. If you don't, you better not to be around here. ************************************************************************************************************************************************** If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion,...
H4: - Structure: Downtrend - Weakening - Test support Daily -> Waiting signal=> BUY ( pullback)
H4: - Tendency: Downward - Below resistance - Candle: bearish outside => sell
H4: - Tendency: Downward - Below resistance - Candle: bearish outside => sell
Cardano / Ethereum BINANCE:ADAETH Cardano / Ethereum
ADA' has made a big rally past month and since Dec 2018. Volume has been very good as well. But now it has reached a long term resistance together with this possible wedge. The volume picture of the wedge is okay but not great. Also the rally in the yellow zone was quite strong and not very typical for a wedge, but still does fit the picture. Knowing that if...
Technical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00031260 to 0.00029360). if so, traders can set orders based on...
Pair: ADA/BTC Exchange: Binance Trade Duration: Medium Risk: Moderate Introduction Cardano is a decentralized public blockchain and cryptocurrency project and is a fully open source project. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first...