Cardano seems to be lining up with BTCUSD and ETHUSD in regards to downward pressure continuing until on or around September 16, 2019.
I said I could see $10,000 hit by weeks end as the new weekly candle opened up on Monday and I stand by that. I have been wrong before and I will be wrong again but I am a trader and I trade my keep by getting my timing right. Have a look and see what you think.
Providing an update for Cardano before I begin catching up with a lot of things I need to do here at the house and with the website content. As the title implies; we may go sideways within a relatively tight trading range until the last week of May before we go up HARD to $0.18 or higher.
It does appear my previous publication, titled, "Upward Pressure Until March 16th to 18th; When We Reverse to Downward Pressure" may be correct. I believe I've pretty much said all I want to say in the video with little need to elaborate here in comments. Happy Trading Everyone! Cheers, David
...Downward Pressure. It's important to point out we have a MAJOR update to Cardano coming soon, called "Shelly." This is when Cardano will no longer be "centralized" and we begin "Proof of Stake" mining. I do expect Cardano/USDT to drop in similar fashion to other USDT pairs. However, I'm not expecting ADAUSDT to drop as significantly at other USDT pairs;...
I don't anticipate ADAUSDT to fall as much as other pairs over the next 30 days. Mainly due to the upcoming Shelly update for Cardano. I believe many are accumulating for the purpose of doing some proof of stake mining. At least those who HODL will do so. You will still have those who believe they can make more trading than they could with proof of stake...
Hi all, Smash the Like + Follow if you found some value. Also drop a comment and tell me where you think XLM and ADA are headed in the short-term. Also are you bullish or bearish on the market fundamentals and why? Thanks, Bobby PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to...
Obviously, we began our pump before February 15th as mentioned in previous publication. If you have missed this, we expect it to continue up to the $0.056 to $0.065 price range before falling back down again to Test support. There is a brief dip currently in the works. I'll provide another chart in a lower time frame to see if we can determine WHEN the current...
The 3-Day and 4-Day time frames seem to indicate downward pressure could continue until as late as February 26th to as late as the 4-Day candle beginning on March 2nd. Yes, we may see stints of upward pressure in the lower time frames while time is allowed for the Blue LSMA in Godmode on the 4-Day TF to come down and time for the Stochastic RSI along with the...
I'm expecting the Price Action to fall down to around $0.038 to $0.034 Price range on our Second Test to mark the end of Phase A on or around January 31, 2019. Upon which we should reverse to upward pressure and begin Phase B with a Simple Rally to peak around the Preliminary Support Level Between $0.055 and $0.065 price range.
If you have a look at the indicators, you can see downward pressure is likely to continue until the last few days of January before we begin our upward trek to our Simple Rally in Phase B of our Wyckoff Accumulation Schematic.
Begins with a brief description of what has occurred thus far in our Wyckoff Accumulation Schematic and what will occur in the future. Then we get into discussion on the indicators with emphasis on the importance of using higher time frames; such as the 4-Day TF (Time Frame).
So it's been a little while since I shared a scan with everyone, so here it is. Apologies for the absence, here's my view on the top ten crypto market cap. I'll be sitting on my hands until further notice at the moment. Enjoy :)
There are 3 types of trends, up-trend, down-trend and n-trend. Currently bitcoin is in no-trend as it has a higher high and lower low. It is for this reason that I am more focused on shorting the other markets in the top-10 that have great down trends.