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. CARDANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability ...
Cardano resistance zone at $0.089 is quite big, tested the zone 9 times over the last 7 weeks, on the opposite side, 20MA is supporting the price zone also. so price in bound between 20MA and $0.089 resistance. If we do break the 20MA support the next target would be $0.063 (Green Box).
Cardano might be finding a small uptrend in the market, MACD has crossed and looking to push on towards 1500 sats (Green Box) then push towards target 2 1700 Sats (Purple Box)..
. CARDANO/ETHEREUM 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 support.
. The RSI is at 56.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
. There is a possibility of ...
Cardano is repeating the same pattern that led to the last retracement at the start of April. The Timings of the waves are almost exactly the same in the lead up (3 days up, 9 days down, 5 days up, followed by a week of contracting highs and lows before a break out).
We're currently just after the 9 days down and I expect that we'll see the price climb over the ...
ADA is another coin which has broken the short term downtrend. It is now forming into a symmetrical triangle right at a daily support/resistance. Some good potential gains to be made if this breaks up. Bullish engulfing to break the triangle and off support would be the confirmation.
ADA has made significant gains recently as the market has started to become more bullish. Right now with BTC trying to make a decision on whether it's going above 10k or back down to retest support, ADA is sitting right on a 4 hr support level at 3612. If it can hold here and BTC continues moving sideways there may be a decent entry off support for around 10% ...
CARDANO/BITCOIN is in an up Trend and resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 60.
The price is in an up trend, but we forecast the uptrend would probably resume.
There is still possibility of temporary retracement to suggested support zone ...
$ADA broke out of initial pennant, now in bigger ascending triangle winding up for big moves up. Should pull back if $BTC pumps as with all $ALTS . $crypto
On the daily chart of ADAUSD, the price is about to start a new bullish trend after Awesome Oscillator indicator divergence. Also, a buy signal is forming - "AO Cross".
Falling Wedge, Symmetrical Triangle - After a sizeable drop from 5 bullish impulse waves, Cardano formed a deep falling wedge, in late March this wedge was broken with a sideways movement forming a symmetrical triangle. I believe this should break down one more time once Bitcoin starts moving, there is poor volume on ADA and Bearish Divergence on the ...
Well, it could seriously happen, the Daedalus-stored cryptocurrency could be going to moon soon. They've had no shortage of good news lately. last week they announced compatibility with popular cold wallet provider, Ledger. Weiss promoted their rating from a B- to a solid B, equal best with top-10 rivals NEO. Check out their updated roadmap for all their progress ...
ADA has pulled back to it's 78.6% Fibonacci and it's long term trendline. This is a great Buy Zone area. I have used the Fibonacci to project the target which matches perfectly with the parallel Flag Target derived from measuring the move up and projecting it from the flag breakout. When combined with the Fibonacci to get the same target (the 127.2% Fibonacci), ...
Possible option for a buy zone as ADA continues to consolidate down in its 5th wave (S1)
Stop loss identified should the trend continue down (S2)
Fib Retracement from previous increase adjusted for previous resistance lines that may move to supports on for a 5 wave impulse move up.
Opinion not advice
Comments welcome - 1B2rBfu9X4nms6EtuQWDQuNy87Jn9hYkJs for ...