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
Basically we are at a very strong resistance level for ADA, and are about to hit wave 5 very soon. Buy now while you can ;) www.tradingview.com
on the 15min chart, it doesn't look like a channel as it appears to be tapering in as time moves forward. Descending wedge or bull flag? I'm long on ADA, but open to discussion!
Potential end of wave 2 reversal and beginning of wave 3 impulsive move up.