My original projection was a little ambitious. But the pattern seems to be repeating, just sckewed. Could turn into a very nice swing trade with a little patience.
Taking a look at ADA's daily chart, it appears as if ADA has broken out of its symmetrical triangle and is ready for takeoff. Whether its loss of more than 10% yesterday was due to the fears of Bitcoin correcting or it hitting overhead resistance (dotted blue) is debatable, but what's certain is that Coinbase's expectations to add ADA has made this is a...
We are looking at an inverted head & shoulders \forming and if confirmed we have a target of $0.285 profits should be taken some where between 24 and 28 cents. Then we should have pull out the rest around 40 cents with a stop loss of break even so we don't risk losing any money. Happy and Safe smart trading with good risk management!
Cardano started the 3th wave and has a pretty good profit potential.
60 days bearish trend line has been broken and currently acting as support, just take an eye and take your own risks
ADA broke out of the falling wedge, falling wedges are bullish patterns. We can expect some bullish movement the coming weeks
I'M LEANING BULL SHORT TERM! IDEAS~ GOOD LUCK TRADERS,
Cardano is repeating the same pattern that led to the last retracement at the start of April. The Timings of the waves are almost exactly the same in the lead up (3 days up, 9 days down, 5 days up, followed by a week of contracting highs and lows before a break out). We're currently just after the 9 days down and I expect that we'll see the price climb over the...
Looks like we'll see some pump soon, good for long. if can't cross the trend line, take profit !!!
Multi time frame indicator (1h,4h,1D) is saying that Ada/Bnb is oversold. Buy with 3% stop loss. First and second Take Profit on the chart.
Hello Guys Here a Quick analyse on one of the best Assets and Projects out there,Cardano,So let's go for it. As you can see in my chart, we made a Bullish Triangle in ADA after last day bounce with BTC,ADA had a little different movements than BTC and after dropped from its last high around 0.40 by BTC pressure it almost made a Bullish wedge Actually as you can...
This prediction is based on historical performance of Cryptocurrency after reaching an all time high, then following lower highs and higher lows of consolidation, namely Bitcoin. I believe Cardano is going to follow Bitcoin's consolidation pattern which will follow the higher lows and lower highs as buy and sell signals. Next high for BTC would be $16,900 range,...
HADOUKEN Traders...and entusiast, I am The Real Johny Button !... hated by the press and loved by the haters! Lets look at my opinion on ada today: I called it! I just have to say that . . . i said a week or so ago, the down wave is not complete, we needed a 3rd down, we needed a reason to go up . . . and here we have it by the looks. makes a double bottom for...
After the nice rally we've seen traders taking profits. Currently, the candles are getting slapped down at the EMA's. We haven't hit oversold conditions on the RSI just yet but are getting close. Volume on the buyers side still hasn't really shown up just yet. Overall, the area between 2700 and 2600 satoshi's has been a good support zone for Cardano. I'll be...
Both Moving have always acted as strong supporters and resisters. Given that the price is now moving closer to the moves and the middle channel, we have to wait and see. It should be seen which side is broken. To make a deal, decide with you:)
ADA is going to update its roadmap in two days. Price stopped on the support and now is rotating around this support (circular bottom). Bitcoin stopped also. This is chance to buy ADA with nice USD potential, better potential than BTC! High risk, higher potential of gain! (possibility of scenario is under 50%) Dont forget to remeber bear market!
4HR Ichimoku Cloud signals a new opportunity for this pair. Keeping it simple, the metrics have aligned. - Bullish Kumo twist - Price is above cloud - Bullish Tenken-Kijun cross - Lagging Span breaching top of cloud - Candles formed HHHL - Kijun and Ten-ken are angling up, a signal of momentum. - Cloud direction is also upward. First target I see is at...