c3l3x

c3l3x

Hello friends! I will try to resume regular posts for a few weeks once I am back home this weekend. I have a bit of spare time, so I thought I'd provide an update for today. ADA's bull run has been in full swing with new highs each day. The biggest gains may not start to break out for another week. In the meantime, there is plenty of interesting price action,...

c3l3x

Hello friends! Yesterday's forecast was a potential breakout to 1.77, and possible retracement to 1.50. The day's trading range was quite close to this forecast, with a new ATH of just under 1.75 and a dip to 1.52. Again, ADA/USd has shown strength by returning to the 1.65 region on each dip and managing to put in a new ATH. This suggests that the underlying...

c3l3x

Hello friends! This next week will be especially busy for me, but with exciting ADA action taking place, I will try post as many updates as I can. Yesterday ADA doubled-down on the previous day's gains and rallied to a new ATH of 1.70. In my forecast yesterday I expected a test of 1.53 or the previous ATH of 1.56, but I did not expect a new ATH. Indicators...

14:39

c3l3x

Hello friends! ADA/USD hit a new ATH earlier than expected. This move is having a strong affect on indicators across multiple timeframes, and increasing the likelihood of the next leg up coming sooner and possibly stronger even if we see a retracement in coming days. David Ward (@wyckoffmode), who provides the Phoenix Ascending and Bollinger Bands indicators...

c3l3x Updated 

Hello friends! Yesterday proved to be an unexpectedly exciting day for ADA/USD. While BTC was up 8%, ADA rallied more than 17% on market-wide upward momentum and news such as Kraken starting ADA staking. From a TA point of view, yesterday's rally was a highly unlikely move with the price action reaching midway between the upper aqua and upper orange B-bands in...

09:59

c3l3x Updated 

Hi friends! Until the first week of June, I will be posting less often because I will be traveling a lot. I will keep an eye on the indicators and post updates as I can and when there are notable changes in trends and prices. In today's video I look at the price action for the rest of this week and and update on the end of ADA's consolidation and the start of...

15:54

c3l3x

Hello friends! It is May 1, and sadly there is no indication of a breakout to $2 or $3. Today we have many new candles (2D though 6D, and 10D, 12D, etc.). With these we can see that ADA/USD is at a crossroads in the first half of May. TA of the indicators suggests that there are two sets of trends in motion, and which will play out depends on price action in...

c3l3x

Hello friends! Today's update is will be brief as it's already well into the day and price action looks the same as yesterday. Later today I will be posting a video on the TA for the next 10 days which is quite interesting. Clearly ADA did not break out to higher prices by May 1, but with many new candles today we can see what the first part of May is going to...

c3l3x

Hello friends! This is a quick post to for awareness of a developing RISK of a ADA/USD correction in the next week, which could again test 1.00 and possibly below to 0.93. As I write this, many multi-day candles will be closing in a few hours. With the new candles, this risk will become clearer, but this will remain a risk to follow closely. However, I wanted...

c3l3x

Hello friends! Yesterday prices stayed in the forecast range despite the Cardano Africa event. There was no breakthrough in prices. Prices ranged from 1.27 to 1.41, and the day was down 2.36% overall. Events, news, and changes in fundamentals overwhelm TA forecasts, but it is important to not make assumptions about what these events will do to prices. Not...

c3l3x

Hello friends! Yesterday we did not see a test of the 1.20 region, going only as low as 1.23, but we did stay in the 1.25 to 1.35 region as forecast. Today's price is, and will continue to be, volatile due to today's events. Prices started the day down, falling from 1.34 to 1.29 before a pump to 1.40. Prices bounced off the 1.40 level and turned back down...

c3l3x

Hello friends! There was no update yesterday. Yesterday saw prices across the crypto market rally and BTC regain $53k, giving the bulls control. Importantly, ADA broke above the 50 MA (at 1.21) and were able to hold it during the day. This was a positive sign that there is strength in the ADA market, maybe enough to avoid another major correction. Today's...

13:25

c3l3x

Hi friends! As promised, here is an update on when we can expect ADA/USD to breakout to a new ATH in light of the the recent flash crash and rebound (short squeeze). Summary : - For the remainder of this week, there is still downward momentum despite a nice rise in prices to the 1.20 region. - Indicators suggest volatility in the next week with prices likely to...

c3l3x

Hello friends! As forecast, yesterday prices mainly stayed around 1.11 but did test the 1.03 level. As expected, the 1.03 level held and prices bounced to 1.11. They have since climbed near the 1.18 level, a 15% increase from the bottom of 1.02 yesterday. Although prices have rallied today to the 1.18 level and could try for 1.20+, the rally is very weak in...

c3l3x

Hello friends! As expected, yesterday prices ranged sideways with 1.11 being a focal point. Today's prices will continue to move sideways with a downward bias, and downward momentum continues in the next several days. ADA has not been able to cross above the 50MA (currently at 1.20), and multiday charts are still looking down with an increasing risk of dropping...

c3l3x

Hello friends! Yesterday was another crazy day with ADA/USD. The combination of threats of crypto taxation in the US with BTC options expiry on top of general weakness in BTC led BTC under the key price level of $49k down to $47.5k, pulling the crypto market down with it. Yesterday's forecast of dropping to 1.03 was far exceeded as prices flash crashed to 0.92...

c3l3x Updated 

Hello friends! Yesterday prices were at the top end of the forecast until BTC broke below $53k, leading ADA to drop to 1.11 at the end of the trading day. Today expect more downward price action, increasing risk of drop to 1.03, possibly today. Intraday (next 24 hours) Summary : Continued fall in prices, between 1.18 and 1.11. 3H - Green EMA lower than...

c3l3x

Hello friends! As forecast, ADA/USD stayed under the 1.34 fib with a low of 1.19 and a high of 1.29, but no test of the 1.34 fib. As BTC continues to flirt with $53k, markets are bearish. Today expect more downward price action, increasing risk of drop to 1.03 in next 3 days. Intraday (next 24 hours) Summary : Continued fall in prices, between 1.18 and...