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ADA consolidation unfolding nicely, expecting resistance at ATHADA consolidating upwards nicely, expecting resistance at ATH then a breakthru, retest of ATH, then follow thru to new ATHs considering the market trend remains super bullish and juicy as it does now.
I already have a position, so I advise using your own judgement when to enter, I expect a decent pullback from resistance at ATH.
ADA/USD Pattern nearing completion ADA/USD is approaching the end of a pattern. Buying at bottom of support with a tight stop loss or for a safer bet buy at confirmation of breakout. We should see a larger move very soon. If breaks up my target is marked around the $5 area.
Disclaimer: This is not financial advice as I am not a professional. Trade at your own risk. Happy Trading!
ADA - BROKEOUT AS EXPECTEDADA - cardano, broke out above the descending trendline resistance and the resistance of this channel, price exploded to the upside as expected currently hit two targets running over +50% profit using 5x leverage, if you missed my previous analysis and have yet to enter wait for a deeper correction and retest of broken resistance then look to enter.
ADA one more dropADA is being pretty sluggish. We made a small profit on the bounce from 1.17 but it isn't responding well at ~1.22.
BTC is struggling to get up like an old man and altcoins are feeling this.
I think BTC will probably take a pretty solid dive.. This will definitely drive down prices.
This isn't certain, but the low energy bounce is concerning. I've sold am going to wait and see what happens entering into the weekend.
ADA to break out .... eventuallyADA will eventually break out of the current triangle it find itself in, but there will be one or two downs along the way
AMCD is looking very flat and so is the RSI
Because volume is rather low, this indicates that traders are waiting for a stronger buy signal and are expecting the price to dip a little further, (Holders keep on holding and buyer want to buy lower).
Looking at the fib we are stuck around the 0.618 level, once we break above it we should climb to 0.382 ... and back down again before breaking out for good.
I would probably buy at 0.00002069 and sell around 0.00002450
If you feel adventurous, you could buy at 0.00002069, sell at 0.00002200 and buy again at 0.00002100
Given that the price if BTC will go up and down in that time, it is not an unrealistic scenario.
ADA - We ride at dawn.ADA is ready to open up those Bollinger bands. MACD is bottomed out too. Charles, the creator, has been hinting at an Africa deal and posted a tweet that the community decrypted as the Ethiopian Minister signing the deal.
I can feel it coming and the chart looks ripe for a breakout.
ADA, Can you wake up now? ⏰ADA Cardano is slow and boring these days but we don't want to miss the next good run.
Take a look at my video and see if you agree with my analysis. Obviously the asset is 'snoozing' but thankfully the support level seems very strong (that's the good news).
What are your thoughts? We wait for it or we allocate some funds to chase other oppoortunities?
One love,
the FXPROFESSOR






















