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On 4H chart, ADA sorting out bearish divergence and we expect this to be Elliott Wave 4 that ends around 2780 - 2800 satoshi levels. We are not interested in buying Cardano before that level is reached. We advise everyone to use laddering and start to ladder your orders in from 2900 till 2780 satoshi levels, then sell in wave 5 landing zone between 3705 and ...
Well, we are correcting!! Told ya didn't I? i hope you all switched to short from long. We already came down almost 500 satoshis As far as I can see, this 5 Wave Structure for our A wave of the ABC Corrective Pattern is working out beautifully. We already have Waves 1-4, wave 3 bouncing right off the 0.236 Fibonacci Retracement (aren't Fibbs cool!) and are on our ...
Here I have put some further analysis to my previous ideas regarding Cardano. I believe the coin has a lot of technical strengths, however the trade volumes and RSI indicators do not show the market as being very strong. At this point I want to say that the market will fall to lower levels. If the trend continues we may see ADA hit 2900sats as early as midnight ...
Hello, Here is an overlayed Fibonacci retracement for Cardano. You can see the larger of the of the 2 and then a smaller one for the last move. The larger of the layers has it's 0 point at 1668sats which we touched on the 18th of March. I will provide a larger macro view of the chart as well which you can then see the support and resistance levels over the past ...
I hit you guys with a scenario of us having finished our Wave 3 and being in our Wave 4 correction.... But that wasn't so. As you can plainly see we pumped even MORE!!! Wow, Cardano really went on a moon mission with this one. So apparently we had finished SUBwave 3 of wave 5, and we broke the 2.618 and almost made it to the 3.618 Fibb Extension of waves 1 and ...
Hey, I am back with another Trade Idea. This time looking at Cardano - ADA. ADA was recently added to another big exchange. ADA is currently in a Clear rounding bottom bullish pattern, even MACD looks like an perfect rouding bottom. RSI has strong ressistance at 67 level, which was tested bounced back and few days ago was broken. MACD is giving Strong buy signal ...
Great set up. Small ascending triangle breakout has already occurred and support holding thus far at 3400 for a nice size gain. Larger Pattern: Rounded bottom, possible cup and handle. See the blue star break out point at 3500 Sats. Target Price: 5,300 Satoshis 50/200 Moving Average sloping upward. As always, pay close attention to Bitcoins performance. ...
Cardano (ADA) is one of the favorites altcoins available in the cryptocurrency markets. And it is always in the list of the top 10 altcoins by market cap. At the time of this writing, ADA has over $5 Billions ($5,542,507,650) in market cap., pushing it to #7 in the top 10 list. Let's take a look at Cardano (ADA) now... Cardano (ADA) Long Term Trade by Alan ...