> 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...
X Force Global Analysis:
If you find our analyses to be helpful, make sure to support us by dropping a ‘like’
Parabolic moves are extremely common among cryptocurrencies, as there are no market brakes like the stock market. In this analysis, we analyze ADA's insane parabolic move through the parabolic curve model, and assess its probable next moves.
Cardano price respects levels pretty nicely, but I'm still waiting for the breakout and 1704 satoshi. At resistance again and it was tested a lot.
If BTC continues to be bullish I most likely will see 1704 sat, otherwise we're going to test 1208 support again (placed bids there).
Hit the "LIKE" button and follow to support, thank you!
Information is just for...
Hope all is well. Thought I would expand on the topics yesterday by looking at the daily perspective of ADA/USD. As I am looking wide and starting to hone in. The recent uptick causes excitement for some life. It is important to layout what is ahead of ADA. Where are the decision points for smart money. To help people plan on important price point...
Hey friends hope you are well and welcome to the new update on Cardano. The ADA coin has turned very strong bullish comparatively to all the cryptocurrencies. so we will discuss how it completed this bullish setup and what it can do next.
last year in August 2019 I posted an article where I predicted that the price action of ADA has formed a bullish...
Not a financial advice.
Looks like we’ll see ADA making a bearish divergence on 1D TF.
So, here’s an opportunity to long, but close it around 996-1000 sats.
Imo, we still need to retest the support (ema200) before continue a new rally to the upside.
Trade safe everyone.
Hi guys and gals hope you're doing good. Cardano is the coin that is going for better than the Bitcoin in other top altcoins. Today we will try to understand the movement of the price action of ADA coin what it can do next.
The difference between Cardano’s move and other cryptocurrencies:
As in the below chart it can be easily observed that the ADA and Bitcoin...
A steady uptrend is visually clearly visible.
The price is in the Ichimoku cloud, indicating a local correction.
RSI is near the oversold level.
We recommend buying when the RSI reaches the oversold level, as well as at the Fibonacci level of 61.8%
The price is below the Ichimoku cloud, forming new lows for local correction of the H4...
Hi friends hope you are doing well and welcome to the new update on Cardano. In today's article we will try to understand why the ADA has surged more than other top cryptocurrencies. And in order to understand this we will try to watch the different chart patterns, moving averages, oscillator and different indicator is well.
Harmonic moves gave advance bullish...
ADABTC forming a bullish Sym triangle which normally would play out to the upside, however pending BTC action we may see all alt coins take further dumping as BTC pumps.
Currently waiting for confirmation on ADABTC before taking any positions, will be waiting for the break then re-test/hold of either side of the triangle in order to take positions either way....
A chain reaction is triggered:
in my previous post I predicted a chain reaction in the price line of Cardano, if you missed my previous post then here is the link:
As in my previous post we have seen that in the month of March after strong bearish trend the ADA...
First of all, congratulations to all who followed my ADABTC call ! 10%+ gains a day keeps the doctor away!
After letting the dust settle, I will only be looking for SHORT re-entries on ADABTC, will be looking for continuation patterns aswell as weak buyer recovery for confirmation in order to make a final decision on the re-entry. IDEALLY we would be looking at a...
After a 40% bull run in less than a month Cardano is finally looking like it is losing steam, we are looking for SHORTS only
Looking for LH then LL for new bearish channel structure to form after rejection off current 4HR order block, once new channel is confirmed to have formed
looking for candlestick analysis in order to make entries,
TP's on the way down...
Cardano has formed a strong horizontal range on the BTC pair, which has recently seen some bullish movement
Fibonacci spiral shows a clear head and shoulders pattern on the BTC pair
On the USD pair movement upward can be expected between the two fib spirals
And a bullish rising wedge?? Maybe..