blbenne0

blbenne0 Aug 5, 2019

Ascending wedge broke down out of support. I would expect another ascending wedge and then an eventual bounce off 2.39. If 2.39 is broken, next support would be 2.30.

blbenne0 Aug 5, 2019

Ascending wedge forming with strong resistance at 2.72.

blbenne0 Jul 18, 2019

61.8% fib retracement (golden pocket) is the best spot for a bounce. ACB was also selected as the only winner to supply Italy's medical MJ as a catalyst.

blbenne0 Jul 17, 2019

Next stop either 78.6% retracement or a bounce since we're at the golden pocket @ 61.8% retracement.

blbenne0 Updated  Jul 11, 2019

I can see ADA falling to the next support at around 0.063 - 0.065 if there is still no positive catalyst for ADA. I would believe something like the full release of the Shelley update or Coinbase listing would reverse the trend.

blbenne0 Updated  Jul 10, 2019

2 bearish wedges formed during consolidation in a longer term descending triangle. Price action was driven down further after breakdown of both bearish wedges. Supports/buy zone ranges between $2.9 and 3.2.

blbenne0 Jul 5, 2019

Watching this one closely. If support is rejected, I expect price to drop to the next support level at around 6 cents. I am holding my stop loss at 0.075 if there is no bounce. A bounce off current support would eventually increase price to 0.10 or 0.12 levels.

blbenne0 Jun 7, 2019

ADA looks in consolidation as .07 and .08 are strong supports now. It is my prediction .08 will hold and the eventual ascending trend of the triangle will catch up leading to a break out after a few more tests at around .095. Releases of Shelly and a possible Coinbase listing (if we ever get there) would launch Cardano above resistances.

blbenne0 Apr 9, 2019

Awwww yeaaahhhh!

blbenne0 Apr 5, 2019

ACB obviously bounced off $8.75 and $8.50 and has been in consolidation above the $8.75 line for about a week. Multiple bounces between $8.90 and $8.75 this past week, so we can establish this as our supply zone. Looks like a healthy consolidation to me. Will expect a gradual move up to $10 where resistance will be met again.

blbenne0 Apr 1, 2019

Going back to my chart from March 26, looks things (pretty much) held up according to the graph, except with that blip with the selloff bouncing off the bottom of the downtrend channel on March 28th. I believe we have established our strong supports at $8.50 and $8.75 and expect likely moderate bullish growth until we hit $10 - where we'll expect another...

blbenne0 Updated  Mar 27, 2019

Obviously in a downtrend channel. A break below the bounce point of $8.75 would likely head to $8. A break outside the downtrend channel would re-confirm bullish pressure.

blbenne0 Updated  Feb 5, 2019

Same thing after Mt. Gox, same thing now.

blbenne0 Dec 11, 2018

Support around 7.5 has been holding up and we've been seeing a continuation off the fib bounce.

blbenne0 Apr 26, 2018

My first TA. My ideas on current trends: We're stuck between short and mid term ascending triangles. A break below the short term ascending triangle will keep us range bound in the low. A break above will move us to the mid with historical resistance line 1 acting as our first resistance. A break above that should bring us to historical resistance line 2.