Are we pumping again, should we be affraid? i think NOT even if we test this lvl multiple times bitcoin might consolidate we dont know lets see give it time
Last week I made a quick update on ADA as it was setting up for a test of $0.50. Before we went into this bull market cycle I normally would utilize more tools to make analysis's. If you were involved in the 2017 cycle then you'll remember that indicators such as RSI and MACD became LESS reliable as we broke new highs.
That said, I'm not saying that indicators...
ADA / BTC bullish pennant on 1H chart.
Enter after the breakout - for safer trade, or now for higher reward / higher risk.
Targets: 1175, 1225, 1275, 1325 sats .
Remember about SL!
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The three majors that I believe will do well are Ethereum (ETH) , Polkadot (DOT), and Cardano (ADA). While there are smaller alts that might pump harder and quicker, they are also more risky and harder to identity. The above three alts...
ADA (Cardano) has been on a parabola for a while. Do not mind the short term price fluctuations, prices move up and down in waves.
When you get lost in short to mid term price fluctuations it is always better to shift to much wider perspective.
After we take a look at it, we clearly see ADA has been on a parabolic curve and it has much more room to grow.
A retest to 0.17$ - 0.20$ could form a relative bullish ascending triangle and also a completion of a 2 year cup and handle.
BTC dominance topping could be a catalyst for a breakout and BTC inching closer to 20k.
In my previous post about BINANCE:ADABTC , I mentioned that Cardano came down to the support zone for the first time since september 2018. At that point, the price just came down to support an made a slight recovery from it.
The week has passed and this week is also coming to an end and Cardano is still resting on support which is extremely bullish. Right now...
Bullish news, Cardano is launching a ERC-20 converter to bring projects onto shelley
bullish flag broke to the upside by fundamentals, Shelley confirmed and initiated for July 29th
cardano will surpass BCH and take the 5th ranking
momentum is building, ADA will hit resistance at 0.19
How bullish is everyone on Cardano!?
Ethereum is now having to play catch...
I was once told to "never short a bull"
All sign are pointing to lower lows but im going against my gut on this one! lets see some short term gains!
Bull flag formation
opened position at 0.124
stop 0.1177
playing it tight
BINANCE:ADAUSDT
A recap:
In Aug 2019 I posted an article where I revealed that the priceline of Cardano was forming a shark pattern.
RSI had still some space to move in oversold zone and moving average convergence divergence ( MACD ) was still strong bearish , therefore there was more possibility that the price action will definitely complete the final leg of Shark which was...
