Priceline of ADA / USD is forming a bullish Butterfly pattern and soon it will be entered in potential reversal zone to hit the sell targets insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is...
As we can see, the moving average from ATL to current lows is now 100% higher from December 18' lows. This new breakout is the start of a new bullrun. There is PLENTY of room on the MACD and as you can see from the RSI of April 19', there is plenty of room going up from here. It is unlikely that ADA will return to lows of $0.043-47, and will remain above $0.048...
After formation of consecutive Shark patterns the priceline of Cardano / TetherUS cryptocurrency has formed another harmonic gartley pattern and entered potential reversal zone. This PRZ area should be used as stop loss point in case of a complete candle stick closes below this area. We have a strong uptrend line support below the potential reversal zone. I have...
It seems like the entire cryptocurrency market has went through a healthy correction. It seems like Bitcoin has very strong support and has not broken $9,000 yet. If 2017 repeats, that means the entire market will flourish WITH Bitcoin. Some believe that once Bitcoin takes off, altcoins will fall. But, looking at the 2017 bullrun, you can see that was not true. At...
After successful formation of a shark pattern the priceline of Cardano / US Dollar is forming another bullish Shark pattern and soon it will be entered in potential reversal zone to hit the sell targets insha Allah. Volume profile of complete pattern is showing less interest of traders here. But Stochastic is not oversold and strong bearish and MACD is strong...
After formation of bullish BAT the priceline of Cardano / US Dollar has formed a bullish cypher pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. But the MACD is strong bearish and Stochastic RSI did not give any bull cross sofar, i would suggest for secure trade we can wait for macd to turn weak bearish or a bull cross from...
Priceline of Cardano / US Dollar has formed a bullish Shark pattern and entered in potential reversal zone. I have defined targets using Fibonacci sequence as below: Buy between: 0.04519950 to 0.04355250 Sell between: 0.04705449 to 0.05075816 Regards, Atif Akbar (moon333)
Priceline of Cardano / US Dollar has formed a bullish BAT and entered in potential reversal zone. I have defined targets using Fibonacci sequence as below: Buy between: 0.04359920 to 0.04331920 Sell between: 0.04426687 to 0.04526911 Regards, Atif Akbar (moon333)
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 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 Regards, Atif Akbar (moon333)
ADA continues to drop and is fast approaching support This would be a good spot to test out a long position or if you want to wait, see who it reacts in this area
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...
Hey Everyone, 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...
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...