So from what I am looking at on the 1hour time frame and the 15 minute time frame is that we have seen the bottom twice which is at around $1.05 and it bounced off that level twice now. I do strongly believe we double bottomed and bounced off the strong $1.05 support level and are now beginning to start to form a new Uptrend and head back up to rechallenge our...
Alright folks, I did sell my position for a small profit, will only buy back once we see an uptrend for a Trade. PS: We are still in correction but overall bull run is still intact, Corrections are very tricky and can never be correctly analyzed as it's triggered by a lot of bearish/bullish news media attention, until that cools off, bears will stay active...
Price dropped more than 30% from the high. Now, it's no a good time to do something and I don't see an entry point. I'll try to buy in the 1,3 -1,4 area. Only with SL. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best...
Cardano, continues to impress and still is due for making another high. I added to my position. ~ Happy Trading Kuldeep
If Cardano breaks $1.95 downward it may drop to $1.71 and then $1.39 but if it manages to move upward from current price then prices to see will be $2.34 and then 2.82 and $3.
3 days ago, I wrote about 2 entry points. The first scenario has happened. Congratulations to everyone, 25%! What's next? We built a local trend line. I see the entry point only breakout it and retest. Before that, I won't do anything. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button,...
For long term ADAUSD investors, we believe the long term target for ADAUSD is $5.09. This target was developed using a Fibonacci extension of the Oct 2017 low and Jan 2018 high and assuming a wave 1 formation. On March 1, 2020, a higher low of 0.0185 confirmed the beginning of Wave 3. TOSOPTINO algorithm confirmed official Long entry on Jun 2020 at 0.079 and...
Island is an island. Btc is of course affected by the Eth drop. But Ada is a coin that has not experienced its full explosion yet. There is a goal of 12-14 dollars in the future. The most important issue is that the people who enter the island are generally corporate and far from short selling. Since the sale is made while the price increases, the money...
I've liked the long side for while but I am now scaling out. (ADAEUR - is a nice chart too!) Technical aspects: Pattern: Pennant/Wedge Key Support: 2.1979383 Key Resistance: 2.490554 A break to either key Support or resistance area showing further clarification. The first trendline up nearest price action at this current moment of time, a break below bears may...
ADA has broken out, and it looks good for a big bull run, it still looks like buy the dip scenario based on Elliott wave theory. PS: Trade with caution in the end it's the crypto which is very volatile in nature.
As we can see the price is up reneging in a parallels channel where it has already hit the parallels legs of Fibonacci projection. it has many chances to retrace down to the lower Boundary where there exist a Support Area too. post the retracement we can target the 161.8% extension level of the same Fibonacci projection and consequently the 261.8% of it...
The coin has secured itself over a large range. The resistance level of 1.96 was also formed. The best scenario rod ADA is slow squeezing to this level. If it happens, it will form a good breakout pattern. The trader's main mistake is to see one scenario and not be prepared for another. So if the price falls in the range zone - a good entry point would be 1.748....
More than 5 days price is over a big range. The price managed to form a local key level of 1.82. A wonderful entry point will be after squeezing to this level, breakout, and retest. Generally, the coin looks so powerful for growth. I set the alert. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the...
There is least resistance on the way up. A break above $1.83 may open the doors for a rally to $2 and then $2.25.
Cardano Update 09/05/21: Next Stop $2 14% Gain from current price level. Cardano has been consolidating for the past 2 months in a small range between $0.95 and $1.48 and we have now finally broken the previous key resistance at the 61.80% Fibonacci level @ $1.49. ADA's move towards the upside began on the 26th April, Our Swing Call Script triggered a strong buy...
I wanna congratulate everyone with fast profit who followed my idea. Hope you made a ton, Enjoy !! Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
Cardano looks all set for Big Bull Run. PS: Check the Bullish parallel zone, upper line is resistance and below line is support. Enjoy.