ADAUSD appears to be a golden opportunity at the moment.
As it can be seen from the chart there are several very bullish patterns:
- Double bottom (2nd bottom is a higher low) possibly making an Eve (rounded first bottom) - Adam ( V shaped bottom) double bottom.
- Current price action is in the terminal stages of a 4-months long falling wedge. Breakout should be...
It seems like the entire cryptocurrency market has went through a healthy correction. It seems like Bitcoin has very strong support and has not broken $9,000 yet. If 2017 repeats, that means the entire market will flourish WITH Bitcoin. Some believe that once Bitcoin takes off, altcoins will fall. But, looking at the 2017 bullrun, you can see that was not true. At...
ADAUSD may likely go up a similar percentage with BTCUSD. Which means ADABTC will remain flat within a relatively tight trading range until Thanksgiving or just after Thanksgiving. Then we can expect another period of downward pressure most of December, 2019 for Cardano. Bitcoin will likely have a period of downward pressure as well during the month of...
double bottom cup and handle 2nd level support. Either we go down once more or we take off from here.
I call the latter with a nice fake out pull down to the blue eyes or a trend continuation off .04300
Seems we got a lovely double bite spike for a pitchfork high low. This is a good indication we are playing off this for a rising channel. A breakout above this...
BINANCE:ADAUSD
The Cardano price can go up from 0.0439 USD to 0.0891 USD in one year.
The long-term earning potential is +103.01% in one year.
In five years (2024)
The Cardano (ADA ) future price will be 0.285 USD.
The ADA has moved out of two historical downtrend lines and remains above the 0.038902 level.
This location is located between 50MA and 100MA.
The ADA still has "rising divergence."
ADA's inflection date is around November 6.
It is hoped that we will be able to continue the upward trend in this inflection day.
If I can overcome the 100MA, which is not easy to...
Priceline of Cardano / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.043167 to 0.042398
Sell between: 0.043784 to 0.045267
Regards,
Atif Akbar (moon333)
With Bitcoin moving inside a frustrating range for a week now, alts are also showing different shapes. Some show bullish signs while others still look bearish. ADA is also still in the 50/50 zone. As i have mentioned countless times, almost all triangles in Crypto, are 50/50 to me.
The triangle on the right looks pretty textbook, but since we have a lot of noise...
ADA / USD TA
Here we see that all of our pattern have validated. Overall this is very good crypto to trade since it follows clear patterns and validates most of them. We can expect some downward action to continue within our downward channel until we actually have a solid breakout. Long term holders should hold onto their ADA coins as Bitcoin is starting to look...
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