Ill keep this short and simple.
If your not long, your wrong.
ADA has triple bottomed in support.
Clear accumulation phase inside 400 sat region.
...Its time to shine ADA...
**There is a lower high downward trend showing its cards..
BUT!
We will break that wall down with ease.
Trust the process.
ADA PRIME XSR SIGNAL:
Entry: 470-475 sats
Target 1: 492...
Cardano might have broke its ascending triangle, but this won't bring cardano any higher from its current price. This ascending triangle just looks awful and a tumor hanging from the bigger triangle.
Cardano looking solid on its entry point/timing for a series of positions; contingent on how patient/greedy you are.
I'd advise against BTC pairings unless you really know what you're doing; though during bearish depressions like this, they are usually the (ironically) most opportune moments to collect mass $ROI if your aim is to accumulate more $BTC rather...
It seems like Bitcoin will head below $9,000 easily taking out the alts with it. While many said it was alt-coin season, it is proving otherwise.
Clearly, there is much more room for declining prices. RSI for ADA is still high enough to sell. The MACD and Histogram are showing that they are entering a bear market and selling will resume.
Can things change?...
Based on RSI and MACD, we should be heading upward for another high. The low for is in, we should technically only heading up. Low for this time is $0.043, but we can only see. Bitcoin seems to be bearish but can breakout at any time.
If you bought at $0.044-48, you enjoyed at least 5% profit. It seems like the steam has slowed and ADA could be coming in for a little break which may see the price back towards $0.047, which would be another good entry point. The lows have been only getting higher since late August. So, the movement upward will continue back to $0.08, or higher.
Reasons for...
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...
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...
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...
Welcome back!
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...
Continuing these shorts against Bitcoin at the moment. My 2021 bitcoin forecast is pretty gloomy but I imagine the alts will be first to head back to non-existent/ pre-2017 levels.
Best regards,
Grey
