ADA has established lifetime trend lines following the conclusion of the 2022/2023 bear run. The bear run low at $0.22, provides us a connecting dot to the 2020 bear run low of $0.018, allowing us to establish a Lifetime Support line. Likewise, the conclusion of the 2021 bull run provided us with a connecting dot for a Lifetime Resistance line. Now that we...
Cardano is showing great bull strength toward the $0.40 price and has made a few attempts to break it! We're in the midst of a trading range pullback from the previous bull run waiting for the signal to go long. How do we trade this? Our bias for ADA should be bullish! We're fresh off of a bull run and are currently in a pullback. Much of the crypto market is...
Cardano is getting ready for Black Friday. It's on Sale, and it's time to lead some more, on each big dip. ADAUSD ( ADAUSDT , ADABUSD ) is showing a "beautiful" Reversal Pattern. I am holding and loading more. My next good level: $0.15 . Technicals: * Elliott Wave A-B-C Pattern * Fibonacci Retracement * Demand Zone * Cycle Analysis * Bullish Divergence My...
My argumentation: Cardano has been sold off three times for more than 80% - Elliot Wave Theory --> ABC correction coming Selling pressure seems to be gone since moving in that range, it doesn't seem as if anyone wants to sell it below these prices --> market makers will have to move in the other direction to benefit from the situation The 200 ema in the...