Hi everyone, its Artem! Here is my idea on 4h Cardano chart. Seems like ADA might take a jump upside if Bitcoin remain climbing above 17,000.
My ADA targets at 0.34-36-37
ADA has reached the target from my previous chart completing the previously discussed HnS, and I have entered around 2. It is now attempting a break through the 50-day VWMA, which was previous resistance. I suspect this will fail as ADA is not showing great momentum yet, and the stochRSI start to look weak in the intraday frame. However, if 2.42 is broken with...
ADA for the purpose of spot i would prefer using Weekly charts b c it shows the amount of time needed for ADA to hit my $7-$8 target in January 2022 we opened a long at $2.09
Since August 11th we've continuously created Higher Highs & Higher Lows, even with this large pullback we are still in this Uptrend since we haven't crossed over the previous Higher Low.
If we are able to continue along this Uptrend we may reach $3.20 heading into Thursday afternoon/evening. We've got a lot in the near future for Cardano which I do expect us to...
Now is the time for Cardano to make that $3 run this weekend.
We just crossed the ATH resistance with a nice retest & now it's time to FLY! Let's see if we can continue to gain Volume & Momentum through the weekend.
Since we've had this pullback we've reached a important resistance moving forward. As you can see if we fall below this resistance we may end up creating a Head & Shoulder pattern which we've seen many of times where we consolidate after then get bullish.
Or we could hit this resistance creating Double Bottom which usually follows up with a nice Uptrend. Excited...
We're in a bearish consolidation phase which just created a Triple Bottom as well as the RSI. Next I do believe we may test $2 as we roll through the weekend.
To know is not to know.
It is believing what you know.
The important thing is to know what you want.
Absolutely tear off fast-growing fruit.
2.38 tp 2.28 tp by by 2.28 close.
More than 5 days price is over a big range. The price managed to form a local key level of 1.82. A wonderful entry point will be after squeezing to this level, breakout, and retest. Generally, the coin looks so powerful for growth. I set the alert.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the...
If you've followed any of my ADA posts you know I've been heavily invested since the $0.05 days.
This Monthly chart is very bullish.
- Over the course of the last 2.5 months we've established strong support between $1.15-$1
- Bear volume has been weak
- Cardano has since then been added to Coinbase Pro thus expanding it's exposure and availability to the...
