Cardano is simply extending the Lower High of the 1D Channel Down on a sideways consolidation attempt (RSI = 48.879). Apart from that 1W remains a strong Channel Down (MACD = -0.036, Highs/Lows = -0.0089, B/BP = -0.0618), suggesting that on the long run there is no reason to change our shorts (TP 0.078501 (Dec 08, Nov 30, 2017) and 0.059995.
Over a long time, we can pick up some positive signs from the cryptocurrency market and so as our next analysis - Cardano (ADA) We have been on the down-Train, yes train, for a very long time but at the moment looks like we have some changes in the market structure. Around $0.09 area, we have found a bottom what we have tested two times and we can call this a...
ADAUSD is approaching the Lower High limit on the 1D Channel Down (RSI = 43.696, MACD = -0.010) and 0.1100 should hold and be enough to reject the price towards 0.078501. If that breaks then the price will seek confirmation near the Lower High of the 1W Channel Down (MACD = -0.036, Highs/Lows = -0.0186, B/BP = -0.0814). In both occasions, Cardano will remain...
Possible scenario for upcoming days for ADA
Welcome Back! Today I wanted to draw a simple S/R for ADA considering how it has fully retraced back onto trending support. I talked about this coin in one of my Youtube videos but never got around to making a chart so, here it is! Simple S/R strategies can be easy to use and work very effectively. Considering how this coin is back to its lowest support, now...
ADAUSD has broken today the supporting curve and extends its losses on a standard 1D Channel Down pattern (RSI = 34.139, MACD = -0.013, Highs/Lows = -0.0063, B/BP = -0.0137). Our last TP of this bearish leg remains 0.078501 (Dec 08, Nov 30, 2017) with 0.059995 as the extension, and unless we have a break-out above the Lower High limit of the Channel Down...
ADAUSD TRADE Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
TP1 = 0.099141 (December 11th, 2017 low) hit as Cardano followed methodically the curve shape on 4H (RSI = 45.508) to a 0.8355 bottom. We now see this pattern reversing as implied by the rising curve on its way to a critical level which is 0.1157. That is our break-out point for the short term trend setting as it is the Lower High on the smaller Channel Down on...
Due to the bearish market, altcoins are very easy to predict. Signals: Bullish Divergence on the 1 hour for ADA as well as 4 hour, indicating support at the current level. Cardano has tested support many times, having small bounces each time. Therefore, we long ADA now with a stop loss below the base of ADA. Once ADA hits the red cloud we close our long and...
ADAUSD Good opportunity to short Cardano right below $0.13. 1. The setup of the moving averages is turning bearish; 2. The price broke the up-channel; 3. The price is in a consolidation phase after a strong down-movement. Next Target: $0.11
Cardano has formed a head and shoulders pattern followed by rejection of the trendline and red cloud. If I were looking at the chart alone, I would be shorting, but RSI tells us the rising support at the base, so a long is equally possible. Stoch has room to run too, so at the very least we could be holding the current price. If this break the white base I...
Cardano looks very bullish right now, seems to have tested the base with the head and shoulders, now looking to break out for a 5% profit. This is a strong buy in my book, I already entered at 1834 when my limit order was filled. *My stop is 1864, so if the rally fails I can still rebuy at a cheaper price. Buy in: On white trendline if breakout fails, which is...
Cardano traded for a few days within our projected Rectangle, which was broken yesterday to the downside. So far 1D has found support exactly on the estimated 0.107614 horizontal line right before hitting the TP1 = 0.099141 (December 11th, 2017 low). I expect 1D (RSI = 34.197, Highs/Lows = -0.0156, B/BP = -0.0353) to create another curve pattern that will reach...
Hello everyone I’m interested in ADA for a long time. Today I decided to make a big analysis and to share it with you guys, let me know what you guys think and if you would like such analysis on another coin. Let’s get straight in to this . ADA/USD So you don’t have to be a TA-expert to see that ADA price is very cheap at the moment. So what are the most...
The bearish curve on 1D has perfectly contained ADAUSD within its bands (RSI = 38.241) and directed the price from the 0.183189 Resistance towards the 0.121695 Support. As you see on the chart since the 0.144276 pace line (green) was crossed, the drop is being decelerated in an attempt to harmonize the oversold action on 4H (ADX = 77.809, Williams = -88.242). The...