We are experiencing bearish signals in the short-term, the extent, the deepness depends how far down the long-term RSI will go, currently still above 50. Check out different time-frame RSIs before executing any trade! No financial advice.
This is historically interesting that Cardano reacted very aggressively with upward momentum on the time of BTC halving. Aggressive over extensions can be followed by severe corrections and oversold situations, look for RSI indicators. No financial advice.
Check intermediate timeframes before executing any trade! There are a mix of signals currently in ADA, Cardano, the safest is wait for the intermediate time-framed RSI indicators go over 50. Be patient. No financial advice.
Intermediate timeframe RSI indicators rose above 50, this may be a bullish signal, let's see how long this will last. Check RSIs in different timeframes to investigate this. No financial advice.
The situations where BTC hits the Pi cycle bottoms are rare. It is more common that BTC stays in overbought, bullish zones longer than in the oversold situations. Yet, the oversold situations exist, check up from the graph: 2015, 2018, 2020. No financial advice.
The Pi Cycle bottom is 30% away and the top 150%, it is interesting whether ADA will again break through the Pi Cycle bottom. Windowing: 1 year time frame Historically, ADA had multiple overbought situations during the year 2021 and now the valuation levels are becoming more normal and overvaluation is disappearing. No financial advice.
The longest accumulation, BEAR market period was after 2017 that lasted about 482 days. Then we have periods of varies length 158, 138, 182, 281, 122, 106, 482, 204 and current 368 days (not yet finished!). The longer the accumulation lasts, the more probable, the stronger and the longer the big upward correction will probably last. The longest accumulation...
ADA breakout not yet but coming nearer, watch out for oscillators.
The end of oscillation may signal the start of explosive bull run lasting many months in BTC. Is the beginning the summer 2022?
Remember that you are buying from lower percentiles. Happy new Year! Personally, added more BTC.
2020 could be considered the last time we made new ATH figures, ignoring the early days. In terms of BTC, CRO has resisted its ATH, now again in 2021Q4. When will this figure be broken in terms of BTC and new ATH made? When shall we see the valuation of CRO to be 20e-6 BTC when the current valuation is about 12e-6 BTC per CRO? Scenarios: 1. Now a short...
By extended cycles and diminished returns, an interesting question is when we will get the next overbought situation. It may happen by May-June 2022 or if the cycle gets really long, it may happen later. What will be the catalyst is the interesting question?
We are now challenging the bullish support band of 4 month's period. If it falls here, we are getting far longer accumulation period -- or getting massive upward reversal.
Technical indicators showing a change in momentum are broken. This is an updated version of the trend change, at least 4x gains against BTC are expected. Personally I have tanked ADA with DCA.
The short-term indicators are bullish. The breakout indicators (RSI, RD) shows signs of strength, higher lows.
ADA may be close to breakout. Last breakout 1. May 2021 2. August 2021 Is it now December 2021 or later January 2021?
ADA breakout is inevitable, very close. All major technical indicator shows breakout behaviour for ADA. Last breakout May 2021 and August 2021! Is it now December 2021?
HBAR has formed a short-term buy signals but it is underperforming against BTC in the long term.