The form of analysis shown in this video is called Relative Strength and helps to identify potential winners within a specific sector. I think the smart money are bidding this up for a strong reason which could most likely be cyber related.
Hi Everyone! Simply providing explanation as to WHY the price action has very high odds of continuing higher to the 66 to 75 cent range. Yes, it will take a little time to make it to this price range but this is where it looks like we are heading at present. Yes, it also looks like we are no longer in Distribution and odds are quite high we are in Accumulation....
Hi Everyone! We need another 1-Day and 3.5 hours to pass to know more. About what? To determine if we are in the process of one more "Last Point of Supply" event in Distribution before potentially falling down to around $0.31 to $0.32 cents. Or, to determine if we could potentially be going up slowly with another Simple Rally event in Phase B of potential...
Hi Everyone! We are still in (what appears to be) Accumulation; similar to what we saw end of 2018 to beginning of 2019. Looks like to me that $0.40 to $0.60 is not a bad RANGE to Dollar Cost Average back into the market for those who are HODLING for a project they BELIEVE in. By the way, Cardano is NOT an "alt-coin." Cardano is THE coin to change the world in...
Happy Monday, TradingView community. After a flat weekend, buyers have defiantly hit the new week with a lot more energy. After a hesitant start, buyers came back into the crypto markets during today’s Asian session. Today’s European session comes online. We’re still seeing strong interest, with many of the top 10 continuing to hit solid gains. Our focus today...
Take a look at this chart and tell me if you see a complete 5-Wave move. This update is designed to build upon previous updates and there are particular pieces of information in each one of those videos that should be taken into consideration. Before we continue, does the latest move down look an awful lot like the move down in March 2020? hmm Do you think that...
Trading is about patience. trading is more about wealth preservation than a generation. I can say that my moment has officially arrived. Despite no apparent confirmation in the charts atm I am about to start heavily investing back into ADA, as of today. I use a dollar-cost average approach, so please use proper risk and consult your FA- this is not FA. We saw a...
Hi Everyone! White Lower B-Band in the 4-Day at $0.68 cents is current resistance until the Red Line is on the verge of going above white level 30. That's not possible the current 4-day candle. Will we go up from the white lower b-band to the yellow b-band basis the next 4-day candle? That remains to be seen. The Blue Line in the 2-Day has a LOT of work to do...
Hi Everyone! Simply pointing out upward price movement along with current resistance levels and explanation as to WHY we have RESISTANCE at those levels.
Hi Everyone! The Red Line in the 6-hour and 8-hour have a lot of work to do in order for the Red Line to rise above White Level 30; to increase odds of going up from white lower b-band to the yellow b-band basis (20-Moving Average). This must mean the White Lower B-Band will continue to act as resistance in the 6-hour and 8-hour until the Red Line can get on the...
Hi Everyone! It appears we have a chance to continue slowly going up to $0.835 to $0.855 cents over the next 48 to 60 hours. We need to see if the Blue LSMA in the 24-hour can manage to make it above Level 30 before we know if we can continue going higher to the Yellow B-Band Basis in the 24-hour to around $0.90 Cents. This may take 48 to 60 hours before we get...
Looking at my video of Cardano I make a point how price needs to get back above the strong psychological level of 1.00 for the bulls. Most of the cryptos have been pretty bearish lately and Cardano has looked very weak as well. My last video I pointed out how the weekly time frame looked bearish because price was getting too far (overextended) from the moving...
Weekly Analysis ADA. Long term bull market starting. Elliot Wave projections.
I am looking at Cardano on the daily, weekly and monthly time frames and breaking down what I see happening. The daily I have been publishing some ideas there showing the wall at 1.20, the support at 1.10. Now there is clear resistance at 1.25 with support at 1.15 The weekly is overextended which means in my trading world that the moving average and the...
Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Mar 27th - Apr 1st. ADA: running around BE Full analysis/forecast: ETH: running around BE Full analysis/forecast: GBPAUD: Out for +2.5% profit Full analysis/forecast: EURNZD: Out for +0.5% profit Full analysis/forecast: Any questions, comments...
Yo guys, welcome to the channel Hawkeye Charting. Todays altcoin: ADA Enjoy watching the video :) No BS like bullflags. No Asking: when moon? Always referring to the current state of psychology and what the market maker aims to do next. Pointing out the major trend on Elliott Waves . Peace Disclaimer: No financial advice! All content is for information and...
Yo guys, welcome to the channel Hawkeye Charting. Todays altcoin: ADA Enjoy watching the video :) No BS like bullflags. No Asking: when moon? Always referring to the current state of psychology and what the market maker aims to do next. Pointing out the major trend on Elliott Waves. Peace Disclaimer: No financial advice! All content is for information and...
Yo guys, welcome to the channel Hawkeye Charting. Yesterdays plan has worked well and we understood the Market Makers intention. But now we have to look again, where the liquidity is... No BS like bullflags. No Asking: when moon? Always referring to the current state of psychology and what the market maker aims to do next. Pointing out the major trend on Elliott...