After ADA double tapped and found a bottom at Fib 0.5, it bounced and consolidated a bit on Fib 0.618. After slight consolidation, ADA seems to now be moving on a slow uptrend towards Fib 0.786. There will be slight resistance on the solid green line, but once the bulls push through that, we are headed to Fib 0.786. That is where ADA will prime up for re-test...
After finally popping out of its Falling Wedge, ADA has been consolidating for a couple days in (what I believe) is a Bullish Pennant - continuation pattern. OBV is staying strong, and StochRSI seems to be starting a bullish divergence. ADA even has support from the lower BB which usually means it has been oversold. All good signs IMO. If ADA jumps up and out...
Looks like strong support. ADABTC could fall back a little while BTCUSD has a growth cycle to 9.5k Im expecting this to return to ATH sometime this year, possibly setting new ATH.
I will start of with im not a pro or anything so this is not an investment advice. But i have seen After each triangel it has been a pump, so i wanted to say for those people who going for a short term i think ada is the deal! Leave a comment and tell me what u think, Good luck & Happy hodl sesson! :D
Seems like Cardano is still looking for a comfortable bottom. It is continuing to trend down inside a larger descending wedge than originally thought. Though it broke out once, the attempt failed and resumed the respected wedge. We have busted through support 1, but have much stronger support 2 line along with a supporting trend from mid January to look at for...
BINANCE:ADABTC BITFINEX:BTCUSD All, One reason I have not put any money into ADA.. is for two very good reasons. It is a falling knife and it has demons of the past. What do I mean? Well ADA.. took off too fast which means one thing usually. Untested levels from which it left from. What ADA.. is currently doing it going back to test levels from the past that...
Possible inverse head and shoulders forming. This could indicate that Cardano has found bottom. At any rate, this feels like a cheap buy for those looking to go long.
Hi guys, A friend asked me to have a glance at Cardano… He asked “ should I buy this stuff? ” I am just going to list the things I notice in the chart, and things you should be attentive to: 1) There have already been two triangle formations with crucial Fibonacci supports as a triangle basis. Both of them failed in breaking the triangle upward, followed...
All, ADAETH is in very serious position right now the resistance that was so hard to break is now a strong support helping this falling wedge to possibly turn bullish and break the wedge here. I would keep a very close eye on this! Watch for the break above the blue lines full candle.
Cardano has been in a corrective downtrend and is starting to look like the upside is ready. Watch for the breakout. I Will post in the updates what will invalidate the setup!
Cardano is down against Bitcoin but it is making headway against Ethereum. MACD is turning but still hasnt crossed the signal line and has pulled away from the lower Bollinger band. RSI is a little flat, though there may be a decent buy in coming is you have some ETH laying around in a few days. If MACD crosses and RSI moves up, may be a good time to get in if...
ADA/ETH I think ADA will up with support Triangle Pattern And MACD You can buy a fews and hold it . Buy zone : 0.00045 - 0.00046 Profit Target : (1) 0.00054 (2) 0.00068 (3) 0.00082 (4) 0.00100 Stop loss : 0.00042 GoodLuck Everyone
It seems everyone who profited on those Ethereum gains are spending there winnings. ADA is gaining some momentum, RSI is up and volume is up, but MACD is still in decline. Shows some strength but no serious reversal. The hour charts are positive results so this may be a decent buy for the next few hours. Watch the volume, once the buying stops price may fall...
ADA/ETH has pleased me those who followed by unfolding as I was expecting it, not disappointing. In fact, it tripled in value, as mentioned in the previously posted "Cardano – ADA/ETH – Bullish 5th Wave" . Cardano was released recently and it’s looking like “the next big thing”. Wave Count presented below suggests that Cardano could triple in value over a...
The Elliot Wave pattern shows that, after the ABC correction (Pink), prices will rise again for a while following a 1,2,3,4,5 Elliot wave. The possible bullish trend is also confirmed by the flag pattern (Teal) seen around the ABC correction. We know that the flag pattern is a continuous pattern. This indicates that after the graph breaks out of the flag, it will...
Cardano will likely bounce between 5700 - 7000 satoshis for a few days. Once it breaks through 7200, I'm looking for an all time high around $1.53 USD (11,000 satoshi).
ADA has kept above the key 0.0005 ETH support today and could be looking at a trend reversal if the price breaks out above the downward wedge. If that doesn't happen it seems that the price is likely to drop below 0.0005 based on the current trend. The next downward target would then be the support line at 0.00035 ETH. This would likely be a good entry point to go...