The Dragon pattern is similar to the ‘W’ pattern or the ‘Double Bottom’ pattern with a few different trading rules and targets. Inverse Dragon patterns are similar to ‘M’ pattern. Dragon patterns usually form at market bottoms. Dragon patterns work in all timeframes and in all market instruments. Like most ‘Double Bottom’ patterns, Dragon patterns present...
Possible long for ADA, cup and handle in sight. breaking the resistance will see a bullish movement for the crypto. Fed interest rates goes further down will make the crypto stronger against the USDT thus till make this idea come true.
Good morning ladies and gents! Like many other alts, you are currently sitting at critical areas of support with some bullish signals. ADA has been on a long term downtrend, but at critical areas of support, you are showing Hidden Bullish Divergence on the Weekly MACD as well as Bullish Convergence on the RSI. You are also showing lower levels of volume through...
Priceline of ADAUSD / US Dollar cryptocurrency has formed a bullish Butterfly 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: 0.03881 to 0.03852
Sell between: 0.03904 to 0.03959
Atif Akbar (moon333)
Strong Buy Signal on weekly Stochastic.
Shelley test net deemed a success and roll out expected end of this quarter.
Target is key weekly level after hopefully successful Shelley implementation at the end of this quarter