This time we have some clear signs for ADA. + Weekly green hammer. + Double hammer formation at the 3 days ibb.co + regular bullish divergence at the 1 day/ 3 days / and weekly + Breakout of the big dynamical resistance (in yellow) from the ATH. At ADA/BTC + triple bottom at +- 550 sats (at the weekly) + regular bullish divergence at the 1 days / 3 days...
I would love to provide more details but due to the big limitations by Tradingview (less and less indicators on the free version) I can just post the basic. Bottom signal on the daily (Green hammer) and on the 3 days charts (see image) ibb.co Have a nice start of the next cycle!
Hello everyone, I hope you are doing great! I'm here for a new mini update on ADA. As we expected from the last update we have managed to top a little over the target of the big inverse h&s. We have after that retested two times the last resistance now acting as a big support. On the weekly we can see two big bullish structures forming, a) another massive...
Hello everyone, I hope you're doing well Small update for ADA. I was expecting a correction after hitting the 2$ mark but the volatility and the equilibrium formed at Bitecoin decided to push BTC/usd to oversold territory on the daily. A similar event can be seen on ADA/USDT where we have hit 30 points at the RSI for a brief oversold instant. I don't think this...
Hi everyone, I hope you are doing well. After this short consolidation we can see that we have reach a very big support on the ADA/BTC pair. This area is a part of the previous resistance from April 2019 and was also a support in various occasions in 2018. The 4 hrs oversold as the 6 hrs and almost the 12 hrs are confirming the bias that we will hold this...
Hello everyone, ADA/BTC as been struggling lately by the moves of btc. The weekly rsi at btc is almost at 94% giving clear signals of a possible correction next week. We are currently on the big support from the start or the rally for ada since January and looking to closes the weekly over the dynamic support at 553 sats (I expect Sunday to be good for alts...
It's probable this time we can finally cross it. Resistances to watch: 770, 810, 906, 947.
Hey guys, nice to see you back. Last time ADA and BTC didn't helped in our trade and we have been forced to close it because it has been invalidated. This time we have a new opportunity with clear signals. On the daily we can see a bull cross of the EMA 12 and 26 happening for the first time since April. In general the first cross usually fail to turn bullish...
Good day guys, I hope you're enjoying your sunday. It has been a longtime since the last update mainly because nothing happened after the fake breakout of what appeared to be a bullish wedge first and a bull flag later. Now we have a better understanding of what we are watching here. The support (blue line) seems to have been tested, even if we did not reached...
As we have continued to update in the past days, we have seen the break of the longterm resistance (red) and the midterm resistance at 907 sats. The last was triggered by the second green candle after a succeful test and holding of the now new support at 907 sats. The first one got a succeful breakout on the second green candle of the weekly. We were playing the...
Good day everyone! The week did not happened as it should. Various fundamentals factors have played against the alt trend and some technicals too. On the fundamentals side we had a clear breakdown following the dump on stocks yesterday and the pumps made during the previous days at BTC. These moves are not conventional for crypto and have created a disturbance...
Good day folks, I hope you're enjoying the week-end so far. As we told in the last post ADA just broke out last night the bull flag on the 4 hrs. The break out was perfectly clocked with the resistance at the equilibrium (blue dot line) and the resistance of the bull flag (in red). We topped at 758 sats for a pause as the main target remain the big red line...
Good day, Some news about ADA/BTC. As we have anticipated we can see a move to the upside of our wedge. The 4 hrs is showing strengh, for now, over the emas. In the larger time frame (daily) we have now a clear triangle and a clear equilibrium suggesting a breakout next week. In case of a bullish outcome, we would have enough steam to push the btc value to...
The trend decided to go to the support. At the daily chart we can see the rejection of the ema 26 when it tryed to cross the ema 200. The ema 12 is about to cross bearish. My idea is that last cross will not happen and we will see a move upward. To support this statement we can see that the 4 hours, 6 hours are avoiding the bearish cross. The 12 hrs held...
We are slowly getting out of the consolidation phase and volume is expected to move downward or upward to the support or resistance here.
As we have been waiting, we finally made the cross of the MA 200 and started a small rally. 3 bullish signs: 1- Crossed and confirmation over the ma 200 2- Tested and crossed the ema 200 (waiting the next 2 days for the confirmation) 3- Broke one bearish resistance from june 2019. The move has a first stop around 580/590 sats where we may see a small...
Hello! After the positive breakout of the descending channel, ADA is on a consolidation phases. I was expecting a little more action to the upside to faster the process but the bulls are taking their time. Indeed they are waiting the cross of the trend over the ma 200 on the daily before starting a new bull phase. As we can see we need to be patient. A small...
We are yet to see what happen for ADA. The recent prices actions were not what we wanted. Despite these setback we can see clearly the channel and the resistance at the rsi. If we follow some fractal we can expect in a few days a move outside the channel. Up or down.