After formation of consecutive Shark patterns the priceline of Cardano / TetherUS cryptocurrency has formed another harmonic gartley pattern and entered potential reversal zone.
This PRZ area should be used as stop loss point in case of a complete candle stick closes below this area.
We have a strong uptrend line support below the potential reversal zone.
After formation of bullish BAT the priceline of Cardano / US Dollar has formed a bullish cypher pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
But the MACD is strong bearish and Stochastic RSI did not give any bull cross sofar, i would suggest for secure trade we can wait for macd to turn weak bearish or a bull cross from...
Priceline of Cardano / US Dollar has formed a bullish Shark pattern and entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.04519950 to 0.04355250
Sell between: 0.04705449 to 0.05075816
Atif Akbar (moon333)
Priceline of Cardano / US DOLLAR crypto currency is forming a shark pattern.
This time I am watching some confliction between indocators and harmonics, coz as per shark pattern the leg can be more longer from 0.886 upto 1.13 Fibonacci so there is little bit more difference but the indicators from the smaller charts are turning bullish but on week chart they are...
Priceline of ADA / US Dollar has formed a bullish butterfly and entered in potential reversal zone.
RSI is oversold.
I have used Fibonacci sequence to set the targets as below:
Sell between: 0.044990 to 0.041982
Buy between: 0.047318 to 0.052961
Atif Akbar (moon333)
Decided to drop a new daily design with a slightly different technical tool approach.
Observing ADAUSD like this helps show we are in the middle of the price range around .05 cents and hugs the lower angular yellow dotted line. I take "noise" into account most of the time as these are where prices hit so I still count them.
The INV head and shoulder pattern...
cardano is risky but could be more rewarding. I am confident and willing to risk a percentage of my portfolio for possible big rewards. As long as this thing stays above the 200 ma we should be ok. But with bitcoin looking suspect on the weekly we really have no idea where this thing is headed.
Thumbs up if your bullish on cardano.
Drop a comment if im dumb for...
ADA saw a sharp bounce from support zone at 969 sats (weekly bullish orderblock).
As price action develops, it will be an easy ride up to 1358 sats.
- Support: 1002 and 1060 sats
- Target 1: 1358 sats
- Target 2: 1883 sats
Stop loss below 969 sats.
Keep it simple, cheers!
All Indicators Are Bullish (MACD + RSI + RVI)
Above Support Area
Falling Wedge Breakout
Buy At Current Price Or Around Support Area
Sell Target Is Mentioned At Chart
Stop Loss Below Strong Support Or According To Your Risk.
Hit Like For Motivation
even ADAUSDT dump more down , it's not going to ZERO , never .
it's already so close to the bottom .
make sure you have some and if it dump like 50% , so all you have to do is buy more ,
In this crazy market you will see pumps 5x , 10x , maybe 50x at any time .
ADA looks like its going through the path of continuing to fall as it crossed 2 support lines and touched them shortly after. Unlike BTC, BCH or ETH there its more likely to see another fall until a reversal.
Let me know if you think ADA is different to other altcoins