Falling wedge pattern
Bullish pattern
Textbook: bullish breakout 2⁄3 more likely
Wait for breakout to confirm trend
Forecast ≠ guarantee
Key support ≈ $1
Higher timeframe = safer
Not financial advise.
I am not an expert, just my opinion.
Feel free to share your views.
Good luck everyone!
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ADAUSDT Cardano is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
ANALYSIS 🔎
- ADAUSDT was bounded in the descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance and retested.
- Price action is printing the inverse head and shoulders pattern.
- This is a bullish reversal pattern.
- There's an uptrend potential.
BUY ENTRY ⬆️
- Breakout above the inverse head and shoulders neckline...
Cardano's target to hit at least 13 billion is not out of the realm of possibilities consediring the Bull Run that is coming over the hill, the masses are waiting for Bitcoin to make a big move and kick off the next bull run, when Bitcoin reaches 100k per coin cardano will more than double its previous all time high, My prediction is a all time high of 5$ ADA.
Cardano/EUR Price Action Analysis - All time high broken as expected.
New all time high is set at 1.23809, however the rejection to push higher, this could be due to people profit taking and also the overall outlook of the market. However, Cardano is getting stronger against its BTC and ETH pairing. This is GREAT news for people holding ADA. Expect more upside...
Hello to you all. Mars Signals team wishes you high profits at all times.
Cardano has a fundamental news today which is its Mary Hard Fork. As you can see the price is inside a bearish triangle. If it is able to break the triangle to the upside, we can wait for higher prices and if it comes down, we will see lower prices.
Of course both of these trends are...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000740).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 1th .
(Today, Korea is a public holiday.
Afternoon...
