as we see we are at the end of the eliot wave and we can get good profit while ABC correction wave then we may see a new bullish wave with higher targets
but now these are our targets.
buy zone : 4950-5080
tp1 : 5500
tp2 : 6990
Priceline of Cardano / US DOLLAR crypto currency is forming a shark pattern.
This time I am watching some confliction between indocators and harmonics, coz as per shark pattern the leg can be more longer from 0.886 upto 1.13 Fibonacci so there is little bit more difference but the indicators from the smaller charts are turning bullish but on week chart they are...
Priceline of ADA / US Dollar has formed a bullish butterfly and entered in potential reversal zone.
RSI is oversold.
I have used Fibonacci sequence to set the targets as below:
Sell between: 0.044990 to 0.041982
Buy between: 0.047318 to 0.052961
Atif Akbar (moon333)
On the ADA/Usd chart we see that it is trading within an intermediate upward channel, but it looks to be trading within a range in the short term between the three black support/resistance lines. The green rays are Fib retracement levels. We are currently at the first Fib retracement level and the bottom of our channel. A break below this should send us somewhere...
Cardano (ADAUSD) seems to be forming a nice Head and Shoulders pattern, if the neckline decisively breeches to the upside then the minimum target would be around 0.20 USD. The price is currently being supported by the 21 weekly EMA, if a weekly candle closes below the 21 EMA then we should expect more downside action for the ADAUSD pair.
This is not financial...
Many charts right now have formed a CUP AND HANDLE pattern and are almost at the point of breakout. There is a chance these patterns can fail, if we don't break out from the top of the handle. The safest entry if you are not and ELLIOTT WAVE trader, is on breakout marked on the chart.
WHEN TO BUY
Wait for a handle to form. The handle often takes...
ADA / USD TA + FRACTALS
Fractals indicate possible bear trap coming up within next week or so followed by secondary leg upward with higher spike ups reaching over 100% from short term correction. We also have overall bullish momentum indication which means that leveraging this crypto in short term is risky however if you're on regular hold, this will perform well...
A while ago I made a Youtube video talking about how ADA was a good buy back at $0.03
From there we havent really stopped going up! Next, I posted a signal in my Discord to buy at $0.06 and a sell for $0.111.
We are getting very close to my target at this point but there is still room to jump in. Prices are currently bouncing off the 50 MA which is...
ADA / USD TA
Here we see that all of our pattern have validated. Overall this is very good crypto to trade since it follows clear patterns and validates most of them. We can expect some downward action to continue within our downward channel until we actually have a solid breakout. Long term holders should hold onto their ADA coins as Bitcoin is starting to look...
Technically a 'perfect' mid-term entry area should be the blue box, there are some lower levels also but this is the healthiest level!
- Different Fibo levels
- Channel trendline should act as a support
- Cup & Handle curve trendline should act as a support level
- EMA's act as the support levels.
- Recently worked price levels (orange lines)
From the technical...
ADA / USD TA
We are looking fine overall on Cardano USD trade. Long term traders should be in this trade, however we don't have any clear reversal pattern besides the enormous accumulation. If we look at current price point, it's very alluring especially in comparison to XLM or XRP and can be considered as an addition to one's portfolio.
There's no clear...