Hi Everyone! I'm anticipating the peak of this Sign of Strength event in Phase E to get us to at least $1.055 to $1.095 at a minimum. It's possible to continue higher but I want to see us make it to $1.055 to $1.095 price range first and then have a look at our White Energy in the 1-Week, 2-Week and 3-Week time frames to see how much upward pressure remains at...
Hi Everyone! Yes, we currently have upward pressure; which is likely to push us up to test $0.65 to $0.70 cents once again. However, we may see a pullback from $0.65 or $0.70 Cents once again. When we get a pullback, we will require $0.60 cents to "hold." But in order for $0.60 Cents to hold during a pullback, we would require the Red Line in the 3-Day, 4-Day,...
Hi Everyone! Simply provided a little more insight of what we currently see with the indicators in the 15-Day, 16-Day,, 17-Day, 18-Day, 19-Day, 20-Day and 3-Week time frames.
I hope this additional information was helpful.
Thank you for your valuable time and hope you have happy trading!
Stay Awesome!
David
📉Hi Traders, Investors and Speculators of Charts📈
ADA / Cardano has spent an extended period in the "Accumulation Zone" (this basically means sideways trading at very low prices). According to Wyckoff Method, this is the pre-cursor to a new bullish cycle. The new bullish cycle is identified when we see a breakout ABOVE the range trading zone.
This is where our...
Hi EVeryone! Cardano's current Ceiling of Resistance < According to the 2-Day and 3-Day time frames is the Yellow B-Band Basis in the 2-Day and 3-Day. Which is currently at $0.5450 to $0.55 Cents. The reason I say this is because the level of the Red Line in the 2-Day and 3-Day is still well below Yellow Level 50. Which means the probability is rather low to...
In the video we put to the test the Cardano crypto currency using our ground breaking EW 2.0 to see if the time is right to accumulate for the next bull run which can hit ATHs by year end .
I hope you enjoyed it, if yes show me your support by boosting the idea , and also hesitate not to ask for any question about any chart you want.
Peace
Aladdin
Hello everyone! The crypto sphere is buzzing with the recent approval of the Bitcoin ETF, sparking a surge in altcoins. Among them, Cardano has been stealing the show. We've seen some successful entries with Cardano, including a notable one at $0.25. However, the critical level to watch now is $0.6863. Cardano must break this to signal a major breakout. This...
Hi Everyone! We still have another 4-Weeks of upward pressure remaining. We could have maybe 5 more weeks of upward pressure remaining. This period of upward pressure remaining is concluded from the current level of the White Energy in the 2-Week and 3-Week time frames; since the Red Line went above Level 50 to trigger upward pressure in the 2-Week and 3-Week...
Hi Traders, Investors and Speculators of the Charts 📈📉
A quick look at the Fractal that played out on Cardano during Jan - Feb 2021.
A Big demand zone lies a little lower towards the support, and if we take a quick look at Phoenix Ascending (EMA, RSI, LSMA and Momentum) more downward price action seems the most likely for the near future. However, trying to...
Hi Everyone! Simply providing an update to point out the "potential" still exists for a potential drop down to proximity of $0.35 cents. Could we still range sideways between $0.37 Cents and $0.39 Cents for a while? Sure, that is possible. However, can we say for certain we will in fact continue to range sideways within that range before resuming upward...
Hi Everyone! The Red and Blue Lines in the 3h, 4h, 6h and 8h are super low levels at present. Which means they require a lot of work to get back above Yellow Level 50 in order to see another significant move up with expansion of the B-Bands.
The 3h, 4h, 6h and 8h are at the bottom of this chart from left to right:
I also pointed out in the video we need to...
Hi Everyone! Hope everyone is doing okay. In this publication, I provided an explanation as to "why" my FIB's are currently NOT "based on log scale" even though my chart is in log scale. I explained "why" I have two (2) FIB's as well; in order to create a target range. The FIB on the right has the 1.0 FIB coordinate at the highest wick and the 0.0 coordinate...
Hi Everyone! I wanted to provide more clarification on "why" I believe the price action will continue to trend up for the Near to Mid Term by using my indicators. I also pointed out the importance of allowing a candle to "close" before confirming bullish or bearish divergence.
EXAMPLE: If we determine we have bullish divergence and we are prepared to open a...
Hi Everyone! Is it possible we have seen a long test of support "after" a Spring event in Phase C and currently going up to $0.3050 to $0.3135 before a pullback with our first Last Point of Support (LPS) of multiple LPS events before eventually closing above $0.43 cents with a Sign of Strength in Phase D? Yes, it's possible this is what we are doing now in MACRO...
Hi Everyone! Cardano (ADA) appears to be on the verge of transitioning from Phase D into Phase E with a "Sign of Weakness" event in RE-Distribution. Our MAJOR Distribution occurred in 2021 and 2022 and MACRO Accumulation began in early 2023. However, since we had an EXPONENTIAL Automatic Rally in Phase A of MACRO Accumulation; we are likely to see a period of...
Hi Traders, Investors and Speculators of Charts📈📉
A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders....
