Hey guys its Brian here with another long opportunity for you guys. Currently ADA has just bounced off the 0.618 fib levels which coincide with the ichimoku cloud support as well as the pitch fork support. So here we have triple support that held the price and its possible for ADA to begin to make its 3rd elliot wave upwards.
Stop loss -...
Retracement lying on Fib 0.618.
With the easter holiday finish, and Cardano Founcation back to work,
it can be expected their will release their roadmap very soon.
You can see their roadmap website got updated to "back soon"
cardanoroadmap.com
EW wave 4 correction invalid.
ABC possible. (corrective and new low incoming.
5 waves in finished = correction being much longer
and more time consuming.
Cardano (ADA) awesome buy signal
• 2nd longest consecutive daily close lower than the daily open.
• Lowest Composite Index reading in Cardano’ history.
Crazy buy signal for Cardano (ADA)
Cardano has been hit with some tough love every since reaching a new 2019 (and 9-month) high of 0.00001944 on April 3rd, 2019. Since that time, Cardano has dropped nearly -30%...
$ADA Reaching a strong support zone that matches .382 Fib retracement level...
I will start laddering my buys from this level as a potential bounce may occur..
Will update if I see changes in volume or targets!
#ADA
Trend Continuation Setup
ADA is up-trending & now staging a pullback. Expecting 50 Day MA area to hold & bounce towards 38.2 - 50% Fib for the downmove
I see a great opportunity here for a short position. a lot of coins look to be forming H&S patterns but none have been confirmed yet. This looks to be a very solid formation in terms of symmetry. We also have a descending triangle forming it seems, which can help with the drop.
This is a trade I am looking to take here. although we can shoot up here, the R:R is...
Waiting on the side to see if one of this lines holds on Ada/Btc. If they do i'll go long for sure, but we need to have no daily close inside the previous range otherwise not interest in any long
I'll post update on this one
As you can see ada is moving towards completing head and shoulders pattern.
If it breaks the resistance of H&D we can move to 1800+ level.
You can take trade according to this pattern.
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