UnknownUnicorn17806789

UnknownUnicorn17806789 Updated 

A direct comparison of previous Bitcoin peaks and cycle lengths shows that cycles are likely lengthening. From Cycle 1 to Cycle 2, we saw roughly a 125 day longer cycle. From Cycle 2 to Cycle 3 we saw roughly a 153 day longer cycle. Therefore, it is logical to assume, based on the data and historical trends, that we will see an even longer Cycle 4 before we reach...

UnknownUnicorn17806789

Since 13MAY, Cardano has established a very solid bullish trading channel and is currently trending well inside it. ADA is now in price discovery mode after breaking the All Time Highs. One point on ADA that's important to understand is, unlike most ALTCOIN projects, ADA tends to have a more negative correlation to Bitcoin. Meaning, when BTC is going down or is...

UnknownUnicorn17806789

Since 13MAY, Cardano has established a very solid bullish trading channel and is currently trending well inside it. ADA is now in price discovery mode after breaking the All Time Highs. One point on ADA that's important to understand is, unlike most ALTCOIN projects, ADA tends to have a more negative correlation to Bitcoin. Meaning, when BTC is going down or is...

UnknownUnicorn17806789

A quick analysis of Cardano's Price Action over the past 2-3 weeks shows us that we might be entering into the next pull-back / consolidation range. Previous spikes above the 72-79 RSI level have been followed by approximately 9% pull-backs before continuing on to the next run up. At current prices, a 9% pull-back would put us in the range of $2.10-$2.15. In...

UnknownUnicorn17806789 Updated 

So, the DogeDay420 hype didn't pan out and now DOGE is in it's "normal" trading channel (likely towards the lower end where it will find strong support in the $0.25-ish range). If you look back over the past several weeks, we've typically seen 2-5 days of consolidation followed by a run to the upside. After that run up, we see selling pressure and more...

UnknownUnicorn17806789

We would need to see a close above the $0.325 (a 16%-18% rise from current price) in order to confirm a breakout about the trend line. Thoughts?

UnknownUnicorn17806789

Looks like a pretty classic Cup and Handle formation on the 4-Hour chart. With all the hype from the #DogeDay420 movement today, I would not be surprised to see a pretty big uptrend this afternoon or evening. I personally don't think it will last for the long term. So, if you're going to trade DOGE today, be smart and ensure you have a tight trailing stop-loss in...

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UnknownUnicorn17806789

A quick look at the Daily, 4-Hour, and 1-Hour Charts for ADA. I think we're looking strong with a solid base of support near the $1.13 mark having been tested and held multiple times. I think we'll be heading back towards our ATH's in the relatively near future. This is a great time to buy the dip! **I am NOT a Licensed Investment Professional and this content is...

UnknownUnicorn17806789

Am I seeing things here or does it look like DOGE is forming a nice Bullish Pennant?? Thoughts?

UnknownUnicorn17806789

Sucks that the open today broke to the red so fast. We're trading right at the $1.14 Fib line. IF the $1.14 line holds well, we may see the rest of the week trade green. IF we break definitively below that $1.14 mark by today's closing bell, it could get a little ugly over the next few trading days. *This is NOT Financial Advise. Do your own DD and trade wisely.