Cardano Latest Update Mention On Chart Right now there is no opportunity to buy we need to wait for Reversal Candle Confirmation to take Long Entry.
Note: This is only for Educational Purpose this is not Investment advice.
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ADA had recovered slightly against the BTC and approaching the next sell level. Coincidentally, one of my favorite Harmonic Pattern - the butterfly pattern completes at the same area at Point D.What I also like about this setup is the confluence it has as shown in the Red Circle.
Most people will be caution to sell here thinking that a previous high or...
Cardano looking primed for a breakout upwards, ADA is making higher lows against resistance. Don't wanna see the price close under the support level or this idea is invalidated.
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ADA/BTC is currently attempting to break out of this accumulation zone it has been in for about 2 weeks. Most alts are getting smashed due to strength of Bitcoin dominance and the overall market environment. However, ADA/BTC has reclaimed the 10/20 day moving averages, which are momentum moving averages, so in the short term we could see further upside momentum....
Hey guys this is superbly unbelievable as ADABTC completed huge 100% drop to fullfil ISHS pattern. This is a big drop which surely need a retracement. We should make use of the ISHS target to be our accumulation zone.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Entonnoir : W/D/H4 (swing)
Le bottom n'était pas là où je l'attendais.
Retournement à surveiller tout de même puisque le prix qui compresse actuellement en daily (jaune) pourrait, s'il casse par le haut de celle-ci, facilement repasser sur un biais haussier en weekly en réintégrant son dernier creux (entouré blanc).
On attend donc une cloture daily...
$ADABTC chart has formed a reversal pattern "Diamond". The resistance of this pattern intersects with the strong resistance which has falsely broken three times before. After these fake-outs the price has been dumping heavily. So, in my opinion, $ADA is ready to continue its fall down. The good entry point in SHORT position will be the resistance level at the...
Cardano (ADABTC) hit a few milestones last week by hitting a new all-time low (on Binance) and also hitting its lowest ever on the RSI.
Let's look at this on the weekly time frame:
If we look closer, we can see a hammer candlestick, which is bullish on this setup, as...