Hi all, Let's take a look at my chart. As you can see we have already had 2 attempts to breakout the downtrend line (the green line). Both attempts failed (red circles). At the moment ADA is trying to breakout the downtrend again. Will ADA succeed? Scenario 1: ADA will follow the Cypher Pattern to the 0.26 - 0.29 zone. Be aware that a retrace to 0.5, 0.618 or...
DISCLAIMER: THIS IS NOT A FINANCIAL ADVICE, BUT PRACTICE ANALYSIS. I AM A NOVICE CHART ANALYSIS WITH LITTLE EXPERIENCE. TAKE THIS ANALYSIS JUST FOR A QUICK REFERENCE ONLY. FEEDBACK MUCH APPRECIATED. Fibonacci Retracement: drawn from recent high Feb 25th to Recent Low March 18th. - 1 = 1738 Satoshi - 0.786 = 2117 Satoshi - 0.618 = 2414 Satoshi - 0.5 = 2622...
BITTREX:ADABTC has been consolidating near ath for some days and the sell pressure is really low, time to get into a long term hodl
#ADA Cardano: Showing strong support at 2500 on the daily chart, and lines up on the fib w/ previous resistance. RSI is OVERSOLD MACD is BULLISH In my opinion this is a good entry for short, mid term and long term positions. I'm not a financial advisor. Feel free to message me on here.
Good Afternoon, Traders! Cardano has been in a constant bearish trend since the start of 2018. Looking at the Bollinger bands, it can be seen that the bands have slowly come apart and seem to be moving slowly together indicating a chance for higher volatility in the near future. Along with this the small triangle indicates there will be a break from the price...
hi friends cardano going on downside and it continues moving in downtrend I'm on the day chart of cardano and I can see there is lack of volume on ada chart and candles are formimg below the 20 day Ema which indicates Downside moments ichimoku cloud is also red at the moment which indicates it will hang on downside for some more days, it hangs 5 days on that...
Seems like Cardano is still looking for a comfortable bottom. It is continuing to trend down inside a larger descending wedge than originally thought. Though it broke out once, the attempt failed and resumed the respected wedge. We have busted through support 1, but have much stronger support 2 line along with a supporting trend from mid January to look at for...
Cardano BITTREX:ADABTC has suffered from a huge correction in price, and that's definitely a very good thing. RSI shows that it is oversold and MACD lines are closer than ever, ready to show some bullish sign. We also have a falling wedge highlighted in yellow. If everything goes how it should, be ready to open a position. Very good coin at a very good price, guys
Hello my friends . Nothing special from cardano roadmap update. In the chart we can see that was formed a head&shoulders. Have a nice trading
Hi all, I've been looking into cryptocurrencies for a while now. Recently i started commenting and monitoring cryptonews through Twitter and since today i felt like sharing my very own opinion about Cardano. To be clear, i'm not here trying to shill anything, i'm just showing my opinion based on my own research (you should do yours as well). To make a long...
Self explanatory chart as always - more detailed chart will be released in coming days Do not invest what you can't loose. We are not your financial advisors.
ADA drew a falling wedge a tipical bullish pattern, even if right now the support seems to be broken. I hope the fibo level will act as a support.
After seven days in row, ADA shows resistance signs , and attracts new traders. Today we are waiting a roadmap update, and if the news are good, they will give extra boost I.'m in for a long time, and I will wait until 2300-2400 (If the support does not break) to buy more .I am very optimistic about this project . I do not think we'll be back in those prices...
Hey guys,as i've seen quite a nice amount of positive feedback on my analysis,i've decided to share you my vision of ADA aswell. After carefully positioning our Fibonacci Retracement at the exact extreme point of the graphic,i came to the conclusion that Cardano used the 236 as an almost perfect resistance,penetrated only by only 1 unexperienced ''crypto dude"...
Looking like Cardano will have another bull run soon! RSI Indicator says we're way oversold... Seems like we always get a pop from ADA when this occurs. Targets 4700 5781 9200 Stop Loss 2360
holding the strong support 2500-2600 sat (buying zone) cardano roadmap update coming up and lots of good news for cardano this month quick 30% profit opportunity for short term sell on 30% profit because whole the market is bearish at the moment but if your holding for long term then100% profit can take out from cardano good luck stay bless
Hello all! I want to explain the lines on my screen here. The most important line in play is THE DOWNTREND LINE! Until we break out from this longterm downtrend line we ain't goin nowhere! ( line goes from upper left to lower right) #2 the LONG TERM UPTREND LINE! If we get a pop break out this is resistance until we confirm above this! After that it is...