We are in a good position, first of all in the 4 hour time frame we are inside an parallel channel which is now near the bottom of the channel, and also in the one hour time frame we have a symmetrical triangle pattern, which if it breakout the triangle, we can enter well and take a swing from the ascending swings. I have included the entrance price after breaking...
Here is the technical analysis for ADA (Cardano) in 4H timeframe. As we can see, the price was broken from the Symmetrical triangle, but due to the fall in the price of Bitcoin, it could not continue its upward trend. We are waiting to the pattern breaks-out.
Targets are specified
I think the chart will tell you all but, Will also adding some tips here ,
We got double bottom ( W ) on ARKK, that's means a uptrend channel to us, Which we can get our targets & res-lines by Fibonacci. Also will add that ARKK is depended on TSLA, ROKU, TDOQ & SQ. So if these stocks moves up then definitely we can see a huge movement from ARKK.
As we see in the chart, we are at the beginning of a new bull trend that has responded to the midline of our channel. Our support and res line has been drawn in the chart and we are close to breaking the channel's middle line for a big bull trend up to the top of our channel, we will see if the price reacts to the res line and then by using Fiboncchi, we can take...
We see #SHOP at the bottom of the channel trade and we just began an uptrend channel. Using the Fibonacci retracement, we can see the support and resistance line that can end two different take profits. Will also add that ER is May 04 and #SHOP will starts exploding two weeks earlier.
PT 1 : 1200 USD
PT 2 : 1280 - 1300 USD
DAYS BEFORE ER, #SHOP SHOULD BE AT...
We are waiting for the reaction between resistance and support line. This triangle chart pattern show us to prefer a downtrend and we may see next support line at 22 USD and after that if it breaks 22 USD we would see another downtrend until 18 USD.