Hey Trader! In this analysis I will show you how Cardano is in the process of completing a Shoulder Head Shoulder formation which will result in a bearish trend. Now that Cardano is embarking on a bearish shoulder head formation, we can see that it will break the previous support level at the left shoulder. If Cardano falls below this point it will also...
Hey Trader! In this analysis I will show why Cardano has the potential to make another bullish trend and finish with a target of 1.263 . By picking up support at strong support level 0.748 , Cardano can rely on a bullish trend and other levels. In contrast, the all-coin has a hefty predicament, on the occasion of sanctions. If Cardano breaks the bottom...
Hey trader! In this analysis I will show that Cardano is in the process of breaking strong support at 0.899 . Since the all time high level at 3.101 we have seen a bearish trend. Cardano has reached its next relevant support level: strong support. Now that Cardano does not have much support to rely on and has been exposed to a bearish trend, it will...
Hey Trader! In this analysis, I want to show that Cardano has the potential to form a cypher pattern. If Carsano succeeds in gaining support at strong support level 0.907 , it could trigger a bullish trend. This trend can develop into a new all time high and thereby make a new peak. But it is important to emphasize that Cardano most likely will fall and...
Hey Trader! In this analysis I will show you why I think Cardano will fall very soon. Since all time high at level 3.100 we have seen a pattern in a bearish trend. Since then, there have been several resistance and support levels where the vast majority of support levels have been broken at 1.917 , 1.191 , 1.071 , & 0.920 . The strong support level at ...
Hey Trader! In this analysis, I will show you how Cardano is possibly going to break Strong support. Since the all time high at 3.108 , Cardano has had a bearish trend. Since then, Cardano has broken several support levels. Now is the last and strongest support level relevant to Cardano is Strong Support. Cardano has formed a rectangle which seems to...
Hey Trader! In this analysis, I will provide an insight into the idea of Cardano breaking bearish. We see that Cardano has had a bearish development since the all time high level at 3.104 . During this development, a shoulder head shoulder formation has also emerged as recently completed. Now we have experienced that Cardano has broken several support...
Hey Trader! In this analysis, I want to show why it's time to short Cardano . We have a resistance level at 1.382 which is a resistance level in the latest bearish trend. If we then look at the recent past we see a head shoulder head formation which ended bearish. Cardano is going to fall a lot more because there is not a solid support where the price can...
Hey Trader! In this analysis I will show why Cardano is in sell and what the next big change in price may be. We saw earlier that Cardano broke the strong support level. This means that Cardano has no place to get support within a range that is close. We have since the all time high level at 3.116 seen a bullish trend and a recently completed shoulder...
Hey Trader! In this analysis, I will give you an insight into how Cardano could develop in the near future. 02 Sep '21 we saw an impressive all time high level at 3.116 . The price reached the very positive all time high as a result of a solid bullish trend. If we then look at the negative progress here lately, we can conclude that Cardano is moving within...
Hey Trader! In this analysis, I will show why Bitcoin has a current potential to rise in the near future. We see that Bitcoin is in the process of completing a shoulder head shoulder formation which could potentially drop all the way down to the strong support level at 28606.98 . Then Bitcoin will follow a bullish trend up to the new target of 85571.96...
Hey Trader! Cardano has had a Bearish trending line lately. The price has dropped sometimes below some support levels at 0.925 , 1.021 , & 1.188 . However, Cardano still has a strong support which can push the price at 0.706 . Because Cardano has had a bearis trend line and has a strong support level below it, it looks like Cardano will rise a lot in...
Hey trader! Cardano has completed a triangle and has recently broken down. Cardano had a really good support level at 1.023 which was recently broken. This means that Cardano does not have a newer level to get support from. In other words, Cardano will therefore make a bearish trend in the near future and form a new support with Fibonacci at 0.588 ...
Hello trader! In this analysis I will show that Bitcoin is in the process of completing a shoulder-head-shoulder formation. We see the first shoulder on August 06, the head on November 09, and now we are at the last shoulder . The last shoulder will hit the previous resistance level at 52075.01 and complete a shoulder-head-shoulder formation at...
Cardano is following a bullish trend over a short time span. The goal is set to be at the resistance level at 1.164 which is in the nearest future. This analysis is over a short time to giva a perspective to how Cardano is evolving over short time. So even though Cardano is in " Sell " it is possible to profit over a small period of time. Though it is a...
Cardano has just finished a shoulder head shoulder formation which means that Cardano is more than ready to do something very drastic. Cardano is in Sell right now and that is for a good reason. Cardano has a very weak support to help it raise. Cardano will go up to the resistance at 1.100 but then it will begin a bearish trend all the way down to ...
Cardano is in the process of forming a triangle again and this time it looks like it is making a bearish trend. Because Cardano is low under all the good support it will have a hard time getting the support. There is not much support to get below and therefore Cardano will fall. Cardano could drop all the way down to 0.876 .
Cardano has gone below most good support levels and it is therefore difficult for Cardano to rise. Cardano's strongest support level is at 1.015 . Using a Fibonacci analysis, the next support level will be at 0.876 and therefore it looks like Cardano will fall around 18% (give & take). Cardano has a bad support below because all the good...