** A continuation of the previous post, link provided below **
Just a reminder:
Most Traders are stating that we are in the earlier stages of a bull run, not just BTC but SP500 and Gold.
So what we are seeing is a likely ABC correction.
We have 2 types of possible correction, a mild or deep correction as I explained in my SP500 latest post.
The chart is forming a symmetrical triangle which signifies a trend continuation. The price may bounce to another support before retesting the ¢6.93 level, and a potential bounce to the upside!
This is my first ever analysis, a feedback would be appreciated!
*NOT A FINANCIAL ADVICE*
*** This is a continuation of the previous post, link provided below. ***
Note: Log settings are not enabled on this chart.
I have come across the LIVERMORE Speculative Chart just today and it seems many of the ALTs are doing this in some form or fashion.
I have yet to spend much time on learning all the details to this strategy.
So my first attempt is...
My buy zone and target for Cardano in the upcoming days. My buy zone is above the support trend line . I'd personally cut loss if it breaks below the support. If it break below the support it will most likely come down to the 200 ema and support line i drew. If it breaks above i think it will most likely hit my target.
(Not financial advice)
Hope all is well. Thought I would expand on the topics yesterday by looking at the daily perspective of ADA/USD. As I am looking wide and starting to hone in. The recent uptick causes excitement for some life. It is important to layout what is ahead of ADA. Where are the decision points for smart money. To help people plan on important price point...
Hi friends hope you are well and welcome to the new update on Cardano. The ADA coin has two major events one is at the end of this month and other one is in next month. First we have the Shelley hard fork on 29th of July and the next event in my point of view is more significant and that is the 1st stacking rewards on August 18 2020.
A big bullish harmonic...
Hey friends hope you are well and welcome to the new update on Cardano. The ADA coin has turned very strong bullish comparatively to all the cryptocurrencies. so we will discuss how it completed this bullish setup and what it can do next.
last year in August 2019 I posted an article where I predicted that the price action of ADA has formed a bullish...
ADAUSDT seems formed 2 simple A-B-C correction moves after the dump, all nailed the 1 to 1 fib-extension level at point C from point A. Then wave 2 retraced 50% from wave 1, and wave 3 has a clear small 5 waves inside, now ADAUSDT seems like working on its 5th wave. After taking a fib-extension from point 3 to point 4, there are a couple of levels to watch:...
Hi guys and gals hope you're doing good. Cardano is the coin that is going for better than the Bitcoin in other top altcoins. Today we will try to understand the movement of the price action of ADA coin what it can do next.
The difference between Cardano’s move and other cryptocurrencies:
As in the below chart it can be easily observed that the ADA and Bitcoin...
Hi friends hope you are doing well and welcome to the new update on Cardano. In today's article we will try to understand why the ADA has surged more than other top cryptocurrencies. And in order to understand this we will try to watch the different chart patterns, moving averages, oscillator and different indicator is well.
Harmonic moves gave advance bullish...
A chain reaction is triggered:
in my previous post I predicted a chain reaction in the price line of Cardano, if you missed my previous post then here is the link:
As in my previous post we have seen that in the month of March after strong bearish trend the ADA...