Priceline of Cardano / US Dollar has formed a bullish Shark pattern and entered in potential reversal zone. I have defined targets using Fibonacci sequence as below: Buy between: 0.04519950 to 0.04355250 Sell between: 0.04705449 to 0.05075816 Regards, Atif Akbar (moon333)
as we see we are at the end of the eliot wave and we can get good profit while ABC correction wave then we may see a new bullish wave with higher targets but now these are our targets. buy zone : 4950-5080 tp1 : 5500 tp2 : 6990
Conclusion for today’s Cardano analysis: A close above the upper boundary of the wedge that captures ~0.00000599 implies resumption of a bullish price swing. Cardano analysis for day is carried out on an intraday (6 hour timeframe) that shows price action from September of last year till present date. The complex, inverted head and shoulders (or complex head...
Conclusion for today's Cardano technical analysis: Price successfully testing ~0.045479 provides opportunity for bullish strength in Cardano (ADA). A Daily time frame (log scale) candlestick chart is used in today's Cardano analysis. Over 9 months of price action is presented which includes price swing downwards that reached a climax on December 07,...
Conclusion for today's Cardano analysis: Consolidation in price at the 0.05 price level could provide support for resumption of bullish momentum. The 6 Hour timeframe of Cardano (ADA) is examined using a candlestick chart that provides over 7 months of price action. The duration in Cardano price did produce an upswing in price from ~0.02700 to 0.10600 on June...
Everything explained in video ! Good luck
Conclusion for today’s Cardano technical analysis: Price breaking to the upside of the 4 hour timeframe bearish channel supports a bullish bias and higher Cardano price. Cardano chart analysis for today is carried out on the 4 hour timeframe with focus the chart patterns identified that are crucial for future price development. October 15, 2018 to current date...
Conclusion for today’s Cardano technical analysis: Price closing above 0.00001116 implies resumption of a bullish trend in Cardano (ADABTC). Cardano analysis for today is carried out on a 6 hour timeframe that is mainly focused on the downtrend since price reached a peak of ~0.00001941 on April 03, 2019. Previous Cardano price prediction that was accurately...
1 Key Highlights * Following uptrend channel since December' 2018 and moved 100%+ against BTC(satoshi) pair. * Trading above 200D-SMAs and Ichimoku cloud on Daily time frame. * Bearish(sell signal) signs indicate slight correction ahead to levels defined on the chart below. * Correction downward can provide an opportunity to buy the asset for the long-term...
ADA make nice breakout the possible target is on chart
Conclusion for today's Cardano Analysis: A breakout above 0.00001336 confirms higher prices in ADABTC Price action from June 5, 2018 to current date is covered in today’s Cardano analysis on the Daily timeframe. The downtrend in Cardano from June 2018 is highlighted with the descending or falling wedge chart pattern. This is immediately followed by a side trend...
Conclusion of today’s Cardano Technical Analysis: Price closing above 0.00001336 confirms the formation of a bottom reversal pattern, and therefore implies more upside momentum for Cardano. Cardano analysis is carried out using a logarithmic scale, covering over 6 months of price action i.e. (July 15, 2018 to current date). Major attention is paid to the...
ADA has broken out of this falling wedge pattern, I am expecting some more upside to come! IOTA had a similar breakout as well.
On Sunday Cardano did not bring us any good news. It fell bellow the $0.029270. It was trading at 0.029270 by 06:31 (11:31 GMT) on the Investing.com Index, down 4.28% on the day. Unfortunately, it was the largest one-day percentage loss since December 1. Therefore, this move downwards pushed Cardano's market cap down to $758.94302M, or 0.73% of the total...
We can see that Cardano's daily candle has failed to close below previous swing low 5 days in a row and it is showing signs of decent bounce. Green block remains to be untested support zone but it looks like it wants to reach the targets marked in red lines
Cardano tried to continue its run higher but got rejected once more at the supply zone above and came straight down to support dipping inside the demand zone. We have continued to make lower highs past few days and a break of this demand area could lead us back down to retest the breakout zone again around 1160. MACD still remains flat as we await some type of...
ADA has bounced nicely off the bottom of the channel, which was as the demand area around 1220 and we could now see a pullback to the 61.8%FIB level or to the lower end of the channel again. RSI is nearing resistance but still has some room to move up and MACD has turned bullish so a small pullback is probably what is needed to propel this higher on the next...
Cardano has bounced nicely yet again from its demand zone around 1220 and is currently facing resistance around its 61.8%FIB level. If it could get above here and close on the 4H, we could see another go at the highs and possibly even break them with the assistance of Bitcoin. Volume does seem to be on the low side but a breakout from here could bring some of it...