This is my view for the coming days, I don't have much description because I believe everything is clear on the chart.
I still believe that we will see 0.36 cents ADA soon and after that, we will watch the market situation if DXY was still bullish we may see new lower lows.
I believe in the next 2-4 days we will see ADA green, I'm watching BTC and DXY closely.
Now that Solana is dying once more Cardano shows its power, The reason that we were trashing SOL from the beginning is now obvious, Cardano is the future and people will notice why more and more as time passes so start looking at it like it really is Cardano is the only serious competitor for Ethereum. Now look at the chart we are seeing pressure on the price from...
Look at this chart it looks pretty neat, isn't it?
BTCUSD is getting squeezed here and we must wait and see which side will break first, after confirmation, we can have a good understanding of the market. Alts in reasonable Prices: Cardano, Ethereum, Chainlink, Polkadot, Polygon, Cosmos, Near. --Not Financial Advice--
ADA is on significant support and I believe it will go up from right here.
Everything is clear in the chart. Resistance and Support are very important, if any of them breaks next step will be decided.
I think if BTC goes down ADA goes down way harder this time, 41 cents even.
That's my idea, I see this result as Fed increases the interest rate, the chance is higher after a 9.1% inflation. This analysis fails if we go higher than 23500$
Well that's my Idea, as much as it's not good but I think ADA is too weak to rise right now and needs some more time.
If you are someone who likes to read news, you already read the bad news, US real GDP is decreasing for Q1 2022 and it seems it's going to decrease for Q2 again. Inflation is not stopping at 8.6 and the chance for recession is getting higher, and if this scenario happens BTC will bleed to death, so watch out.
All targets are pointed are clear as you can see, there is a really good chance to see a bounce right here if not, under 15K BTC is a possible target in the next 27 days.
If ADA breaks the middle line bullish move is highly possible, lovely reaction to the bottom of the parallel channel as you can see and this is heartwarming.
They are already buying ADA, price is down because BTC is down when BTC goes up ADA will conquer the market, the proof is in this chart, the downtrend is broken!
My view is this, and I think this scenario will happen, everything(Support, Resistance and Target) is on the chart.
No description only for you to know what's going on for ADAETH, as you can see a long downtrend has been broken.
Hello guys, look at this beautiful chart right here, as we can see a weekly downtrend has been broken and I believe it's a bullish sign.