ADA has been on a strong bull run since October of this year and we've finally come to the end of a measured move and three legs up. Are we gearing up for a reversal? How do we trade this? 🤔 We don't have enough evidence for a short entry just yet, but we do have some key data points in our favor. We've completed a measured move to the current price, had three...
Cardano has been on a ride along with the entire crypto market for months and with a bull flag playing out, looks like we're going to get a little more upward price action. Should we long here? How do we trade this? 🤔 We need to wait for a pullback to at least the 30EMA, maybe the 200EMA, whenever we see some bullish price action in response. A strong bull...
Cardano had a failed breakout above the Resistance Zone at $0.62, followed by several failed attempts to break it again. Does this mean we enter a long? How do we trade this? 🤔 Entering a short right now is reasonable if you accept the low probability nature of reversal trading. The number of failures to break the resistance zone are great signals to enter a...
Cardano is forming an ascending wedge pattern, a bearish formation that the majority of the time ends in a fall below the support line. For the next few days, we need to consider that the probable outcome. How do we trade this? 🤔 Consider waiting for one more attempt to break resistance at the top of the wedge around the $0.68 area. A rejection at that level...
Cardano had a fantastic measured move event from the breakout point on October 23rd, a move that I overlooked in my last couple of analysis! The price shot up from $0.27 to $0.41, pulling back into a bull flag, then ripping up from $0.41 to $0.62! Now that the move is complete, where do we go from here? How do we trade this? 🤔 The measured move is usually...
ADA managed to get above the 0.29 USD resistance level. This is the first promising signal that maybe ADA’s downtrend is over. Currently ADA is oversold on the LTF. That doesn’t mean it can’t go higher without a meaningful retrace. ATM, ADA doesn’t look like it has the power to push up, at least IMO. Therefore, I will for a retrace to demand zone between...
ADA is a strange one, there is a lot of talk on both sides. It needs to prove itself. but the chart looks like it is gaining organization which, to me, means algorithm and money.
What next Movement ADA and Usdt Price. Market show in this time UP Price next Candles and break resistantse.
Nice cup and handle formation on the 4hr chart getting formed. Expecting January, after tax loss harvesting. For a pump to atleast $1.70
In the 4 hr and 1 day charts for ADA I see a REALLY BULLISH symmertical triangle withing the bullish macro support line. The RSI looks healthy enough to confirm a bullish pump from this, and we are just nestled upon the 200 day moving average. I can definitely see some blast off right here. Especially with incoming defi and Hydra news!
This basically is a full trend analysis of Cardano from 2017 to now, more specifically, 2020-2021. I see it playing out bullish, especially looking at BTC stock-to-flow model. Which is point for another leg-up for BTC.
Here are all the possible options I can forsee with the data available. You have to always prepare for every option. These options are all on the conservative side as well. I hope you enjoy these predictions!
We have been on a descending wedge and recently held support with the line shown above. Its only a matter of time before this puppy takes off!
Pretty self explanatory on whats going on with this chart here.
Here are my final thoughts on how ADA will handle the last leg of the market. As you can see The breakout time is between the 7th and 14th. ONLY bullish scenario.
Hello Trender Today I offer you a possibility to ride the wave of this powerful Tsunami. Most of traders will say they are good buying, but what you do when price goes down for a long while! Simple you learn to short same way you learned to long. 1 to 1, or leverage (not advised), then scalping, momentum, daytrading or long term (my prefered). What I think...
ADABTC has been trading in an accumulation range: 0.00000440-540 BTC For the last 4 months. ADABTC started showing a bullish signal when price reversed from 0.00000402 BTC with a high volume buy candle on daily. ADABTC has also broken out from 50,100 and 200MA last week, and the price is now trading above 200MA. ADA can try to break out from accumulation range...
Technically a 'perfect' mid-term entry area should be the blue box, there are some lower levels also but this is the healthiest level! - Different Fibo levels - Channel trendline should act as a support - Cup & Handle curve trendline should act as a support level - EMA's act as the support levels. - Recently worked price levels (orange lines) From the technical...