It seems everyone who profited on those Ethereum gains are spending there winnings. ADA is gaining some momentum, RSI is up and volume is up, but MACD is still in decline. Shows some strength but no serious reversal. The hour charts are positive results so this may be a decent buy for the next few hours. Watch the volume, once the buying stops price may fall...
BINANCE:ADAETH Cardano is moving slightly better against ETH. MACD looks like it may cross signaling a switch and the candle right now may signal a reversal thought RSI is still down, but the divergence is another indicator of a possible reversal. If we get the break, may see ADA break up to resistance near 54669. If buys stay we can see more gains here,...
We are currently long the position but are not adding to it. RSI gives positive indications. Fundamentals are promising and we believe 2018 will be a strong year for Caradano in general
I hardly every like to count 5 waves, but dang it, I'm just gunna do it! time will tell on this one! So far it looks like its making the first ABC of the larger degree wave 2! Comment what you think!
ADA/ETH has pleased me those who followed by unfolding as I was expecting it, not disappointing. In fact, it tripled in value, as mentioned in the previously posted "Cardano – ADA/ETH – Bullish 5th Wave" . Cardano was released recently and it’s looking like “the next big thing”. Wave Count presented below suggests that Cardano could triple in value over a...
The Elliot Wave pattern shows that, after the ABC correction (Pink), prices will rise again for a while following a 1,2,3,4,5 Elliot wave. The possible bullish trend is also confirmed by the flag pattern (Teal) seen around the ABC correction. We know that the flag pattern is a continuous pattern. This indicates that after the graph breaks out of the flag, it will...
Around 3:30am PST it may break out of the acending triangle and rise for a while.
In my opinion after his big dump, ADA is on a good posture to create a strong base above the pivot in a higher price before jumping into a rush if it break the resistance. I entered at .000624 and I place my stop under .000595 (Risk of - <5%) I'm working entirely with the ethereum because bitcoin is just a speculation tool. Therefore it's very unstable and not...
Added more info confirming the 1st wave and correction, as well as my prediction for the 2nd wave. All input is welcomed Let me know what you guys and gals think.
ADA has kept above the key 0.0005 ETH support today and could be looking at a trend reversal if the price breaks out above the downward wedge. If that doesn't happen it seems that the price is likely to drop below 0.0005 based on the current trend. The next downward target would then be the support line at 0.00035 ETH. This would likely be a good entry point to go...
After a dry period, there was in my opinion an impulse wave, followed by the correction and now what at least im my limited experience appears to be the start of the 2nd impulse wave. opinions good or bad are welcomed to assist my TA ability's.
Hello traders, I believe Cardano is a good long and short term investment base on thier project, team, maketcap, rank on the crypto market and the purpose of their coin in the industry. Let me know what you think ? Even if you disagree and why Happy trading, Darwin