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It deviates from the uptrend line (2).
We'll get support at 0.13432800 and see if we can move up.
After around August 13, you should see if...
If BTC pushes out of this splash zone we are going to rip up IMO My target is $13,878 if it breaks my trend line and resistance box. There is very little overhead resistance so this is something I'm watching closely.
Hello Traders Investors And Community, welcome to this update-analysis about Cardano 4-Hour timeframe perspective where we are looking at the recent events, the curren formation, what to expect from the pair the next times and how to handle possible upcoming situation. Cardano is a pair which is not really moving with bitcoin and other mayor crpyotcurrencies as it...
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...
Hello Traders Investors And Community, welcome to this analysis where we are looking at Cardanos 2-hour timeframe perspective, the recent price-action-events, the current formational-structure, what to expect from the pair the next hours, days and weeks and how to handle the situation accordingly to not get overwhelmed by circumstances and the volatile fast-moving...
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My previous ADA / USD idea 👇🏻
The 20MA from the Bollinger Band has been acting as a good Support for the ADA/USD daily chart. The Volatility has finally widened and as the last daily candle showsh Shootin Star pattern we can expect the RISE in CARDANO price!
> Looking at the structure, it makes plenty of sense that we have likely hit the top on this impulse being point 5
> The indicators on the Daily show a bearish divergence and the chart below showing the downward pressure
> Target 1 equates to the height of the Triangle
> We have had an upward parallel channel with a upward wedge on the last...
Another analysis for Cardano happened to be accurate , though I should have had updated the pair earlier. As we can observe the Upward channel still remains reliable and the pair has not broken it. The pair not surprisingly has been overbought , though the decline is already happening and will go on as traders fix their profits.
The previous trading idea for this market is active. The trade is profitable, and we can fix at least the part of the profit. I wrote about a possible buying opportunity in this post . Please, read it as well in order to understand what I'm talking about.
What should you do if you missed that buy signal? Let's look at the daily chart. It will provide us some...