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...
Conclusion for today's Cardano technical analysis: Price successfully testing ~0.045479 provides opportunity for bullish strength in Cardano (ADA).
A Daily time frame (log scale) candlestick chart is used in today's Cardano analysis. Over 9 months of price action is presented which includes price swing downwards that reached a climax on December 07,...
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)
Cardano (ADAUSD) seems to be forming a nice Head and Shoulders pattern, if the neckline decisively breeches to the upside then the minimum target would be around 0.20 USD. The price is currently being supported by the 21 weekly EMA, if a weekly candle closes below the 21 EMA then we should expect more downside action for the ADAUSD pair.
This is not financial...
After Bitcoins rally to over $12,000 and BTC Dominance sitting around 62% lot of people experiencing fear of missing out this pump.
What is probably smarter is to wait for a pullback of some sort or period of consolidation, this will give room for altcoins to push higher as well.
We can see a reoccurring pattern in xxx/BTC pairs where most of them sitting below...
Wicked into the 18' yearly low, and found support back above it.
I would remain cautious here if you're bullish on $BTC. We could very well see a double-bottom form around the 830 level. If that breaks to the downside, we woud likely sweep the 17' low.
If you're looking to long, I'd wait on a sweep of the 17' low, or a daily close above the...
Cardano (ADA/BTC) looks really juicy, retesting the strong longterm Support, perfekt to buy the Dip!
This is a high risk trade, so the Position Size shouldn´t be more than 10% of the Portfolio
in order to minimize the risk to 2%. Always keep in mind a strong BTC Pump could kill this setup fast
(Always use Stops in Altcointrading!!)
A while ago I made a Youtube video talking about how ADA was a good buy back at $0.03
From there we havent really stopped going up! Next, I posted a signal in my Discord to buy at $0.06 and a sell for $0.111.
We are getting very close to my target at this point but there is still room to jump in. Prices are currently bouncing off the 50 MA which is...
ADA is having good conditions to increase strongly in the coming time, but it's not yet a good buyzone to hold long-term
If you don't have ADA, you can buy it at 1000sts or 0.067$ and target can reach 20-30% profit at 1450sts or 0.1$
Stoploss if price is lower than 930$ or 0.059$