Beware of rising price action for altcoins. That upward price action draws you into the market. These types of rallies are often followed by another pullback.
Lets see how this plays out. First price needs to brake out above upperline. Then wait for retest to buy. ***Not financial advice DYOR***
i think there is a bull flag guys.. please look at carefully target 0.78
My idea leads me to a $3.20 to $8 I hold a bunch already and if I see signs os a super cycle it will be closer to $12. We will know about that in 1-2 weeks. NOT FINANCIAL ADVICE
🚀 With cryptocurrencies now in the spotlight, they've captured my attention as well. I've refreshed my chart; I hope you like the new look. Now, back to Cardano. Cardano is showing weakness in Wave 3, and I believe we'll soon witness Wave 4 before proceeding with Wave 5. Wave A should now be forming at the 23.6% Fibonacci Retracement. Then comes Wave B—exact...
I like ADA. I'm personally long on it long term anyway. Its had a massive move in the last 24 hours. some might say because it broke through the strong 0.4 resistance level that was previously support. Will it pull back and see 0.4 support again? I'll go in leveraged 3% of account value at 30x. may take a week or two to execute. may never come back that low. who knows
ADA has been consolidating above the long-term trendline. It's about to break the ascending triangle. The proposed trade is activated if the resistance (of the triangle) is broken. For long-term trade of ADA, please refer to link below. 1W chart of ADA Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under...
Cardano has turned overbought on the 1W timeframe (RSI = 79.294, MACD = 0.031, ADX = 45.270) being on the strongest weekly candle since the previous Bull Cycle and the August 9th 2021 week. Despite that, the market doesn't seem to be done buying as the pattern is an Ascending Triangle whose HH top is exactly on the 1D MA200. Those two along with the R2 level...
Price targets of ADA for December. We have broken out of the threshold range and are approaching PH2. PL1 is is the bottom of the threshold range and thus has been omitted. I have been long on ADA for a couple months and continue to be. Looking for a move to PH2 and will see. If we see rejection, we likely will come to the threshold range and bounce again....
Cardano is racing toward the Resistance Zone after a successful break to the upside from last week's bull flag, as predicted in our last analysis. We're getting closer to resistance and the big question is, do we short it? How do we trade this? 🤔 If you're still in a long from bull flag breakout, good! Don't exit yet as we have not seen a reversal signal. ADA...
Waiting patiently for breakout and confirmation. Buy when price bounces up on topline, this would be confirmation of the breakout. Everthing is in the chart..
Key Idea Possible Bearish Harmonic Wave if we get strong rejection at the GP Looks bullish if the level is crossed around $0.45 Major Analysis is bull for a LT persceptive only if the $0.45 or $0.68 are the new supports
Support and press the rocket to cheer me up Observe the ten percent loss limit Stay away from Bitcoins Feel free to buy and sell and post your comments
ADA forming a weekly double bottom with target being 2018 ATH at ~.98 cents.
Hello there! I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market. Although I want to share my analysis with you, I want to emphasize that I do not...
Any day now LSE:ADA will breakout of over a year of accumulation. It is one of the few coins that haven't seen a significant rally as of yet. That is about to change in my opinion. A conservative price target would be $1.05ish where the 77 Vwma currently sits. A 155% gain. A timeframe on this would be about 2 months to target.