Alright, fellow traders, let's dive into the wild world of ADA/USD trading with a splash of humor! So, last time we checked, we were hitting those TP targets like a boss – just in time for the previous bull cycle to say "See ya later!" and take a nosedive below $1.00. Classic crypto, am I right? But fear not, my friends, because after some serious structure...
📉Hi Traders, Investors and Speculators of Charts📈 ADA / Cardano has spent an extended period in the "Accumulation Zone" (this basically means sideways trading at very low prices). According to Wyckoff Method, this is the pre-cursor to a new bullish cycle. The new bullish cycle is identified when we see a breakout ABOVE the range trading zone. This is where our...
Hi Traders, Investors and Speculators of the Charts 📈📉 A quick look at the Fractal that played out on Cardano during Jan - Feb 2021. A Big demand zone lies a little lower towards the support, and if we take a quick look at Phoenix Ascending (EMA, RSI, LSMA and Momentum) more downward price action seems the most likely for the near future. However, trying to...
ADA inside of a HTF ABC correction.. Or is there more downside?
Hi Traders, Investors and Speculators of Charts 📈📉 ADAUSDT seems to have finally bottomed out at 23c or 21c, depending on the exchange you're using. This concludes the completion of the bearish Head and Shoulders pattern in the daily timeframe. After this long wick towards a major demand zone / support zone , there has been a bullish engulfing candlestick in...
Our chart for today will be cardano as I believe this coin may provide a very good risk to reward ratio. And always check the volume analysis so you don't pay higher prices for assets.
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Here's a short term overview on what we can expect for the price of Cardano for the immediate term. Technical...
Hi everyone, Sorry but forgot to show you the pattern of a rising wedge: www.google.com For those interested, chart patterns can be helpful :) Kind regards, Noel
A few things about Cardano and my expectations from my simple chart analysis. Looking healthy.