Huge bullish triangle!
Cardano achieves new heights, in which it must break the above triangle, in order to continue further new heights.
Hope in all raises profit out of the crypto, it is far from its end!
●● 𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙀𝙒𝘼
● ADAUSDT (BINANCE): 🕐1D
The rocketing five-wave advance forms a nearly perfect impulse , in which the fifth wave is expected to rise.
Extension by the third wave, alternating waves 2-4 , touching by the top of wave 4 to channels 1-2-3 — all this is a harbinger of growth by wave 5 ,...
I have established this analysis on the occasion that we are in a sideways trend.
We can process the side-by-side theory / trend by analyzing breakouts, up-
downtrends, support and recistance, etc.
Therefore, I have deputed 2 'bullish' options or channels, I think initiate themselves as, the two solutions a higher 'bull-run' should be constructed after. Thanks!
Big moves seen across the Crypto board, lower timeframe breakout has since seen a one way rally.
Possible market corrections from our $40-$41k price. Eyes peeled for rejections and range continuations.
After the recent fall, Cardano has formed a local trend line and is currently trying to reach the key level of $1.45. In case Ada approaches this level, 2 scenarios are possible:
1) If the price rises to this level and trades near it, it means that it is likely to be broken and this could be a good opportunity to enter on a breakdown and test this level as support...
MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market could be here right now
ADA Cardano Is Very Bullish right now and should explode a lot higher
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading
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.