ADA has been on a tear over the past 24H hitting all 3 of our profit targets in quick succession! We have finally reached the 786%FIB level with overhead supply zone potentially cause a pause in this crazy rally. Both RSI and MACD are getting overextended but then again, FOMO is a powerful thing and don't want to go against it. Unless BTC takes a dump here, any...
Previous post for Cardano (ADABTC) based on its 4hr timeframe made mention of the bullish channel in Cardano (ADABTC) that captured the meandering price action from July 2, 2018. The 1 hour timeframe of Cardano (ADABTC) is shown in this analysis as opposed to the 4hr in the previous analysis in order to get a better view of price action and the channel. The...
This is a signal using Spectro™ M First be careful, this is the 2nd bounce from a 1st failed reversal attempt, this is a trade I like because the first wave got leveled and now we might see a double bottom giving us a solid and safer entry point. This is a strong reversal signal since we have every single indicator in Spectro pointing towards the...
Hi, quick update ! Nothing change.... I accept all advices, thank ! * This is not financial advice bla bla bla bla.....
My first butterfly formation... Do not take it seriously :) #DYOR
Cardano complied to the Lower High scenario of the Higher resisting trendline (seen in yellow) and made a Higher Low near 0.24000. Now the underlying bearish trend of the 1D Channel Down (RSI = 43.365, ADX = 35.936) will push for a Lower Low and our target is 0.1443. Eventually a test of the 1W support = 0.1217 has to take place.
The purpose of this post is to have a quick look at the trendline for Cardano (ADABTC). Trendlines are the most important type of chart pattern. The trendline for Cardano (ADABTC) as drawn here on the Daily tf (red color) was breached slightly on May 28, 2018. Price action recovered right after and is currently attempting to continue its bullish momentum. A break...
Cardano (ADAUSD) is on a standard 4H Channel Down pattern (RSI 37.879, MACD = -0.010. B/BP = -0.0194) that is now consolidating (Highs/Lows = 0, STOCH = 48.465) the absence of a Lower High. The next Lower Low and our TP is 0.121695, with an extreme extension (based on the previous bearish Fibonacci sequence) at 0.107614. Medium term buyers are advised to start...