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Price Action : Cardano, Where is the best zone to buy?Identify Cardano : ADA Market Caps: 50B (6th globally) The long-term trend is an uptrend when the price makes a high, higher than the previous high. Price peaked at: 3,085 USD (According to Binance) and is trending back So where will the price go? According to my method, the price will go to 2 places, the old top or the old bottom. Currently, the price has broken the old peak (area 2.3 - 2.47) and has returned to retest 2 times and succeeded. It is predicted that the price will go to the previous strong buy zone and then continue to rise in the big uptrend. Potential buy zone is 1.03 - 1.16 USD
Long
by fxtactix
5
Review BitcoinLocal triple bottom structure is promising, with no more fud this week I believe we've just witnessed a local bottom 👀 I hold BTC and tend to believe that you also hold it, if I am wrong - it's time to buy.If $58k support is lost, bulls are no more in control and we'll see some distribution or accumulation in $54k - $58k flat zone. If $54k level is broken, bears are in control and I'll sell my crypto. Note that it doesn't mean I have a stop loss just below this level! A fakeout is always possible and it would be absolutely stupid to place a stop loss a bit below support! I hope this dump didn't affect you too much, don't fall for emotions!
by softcoflix
11
DeGRAM | EURUSD forecast for the week. Pullback from 1.142The instrument is still in a bearish mood, the sellers dominate the market. After consolidating under the strongest support at 1.162, the price falls to the lower border of the descending channel and just there the old support level from June 2020 - 1.142 passes, but the price stopped at the level, we see a slowdown in movement and a decrease in intraday volatility. On the distributive movement, the price at the end of the week approaches a strong zone, I do not think there is energy to continue the movement, I assume a false breakout and a price rollback to the nearest resistance at 1.1523 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Long
by DeGRAM
3
GBPUSD UPCOMING - Movie Trailer · Here we drawing gbpusd upcoming movie trailer.....! · Here structure pattern - Harmonic + RSI + Cat Out + Tradeline Breakout + Fundamentals + IC + Bottom liner with prediction analysis. · Here you can see bullish & Bearish Forcast Analysis. · Gbpusd price 22 Nov 28 Nov under time 1.36 to 1.37 zone nearly price go down to 1.32 level possible. · Here we mostly bearish version drawing. · And also yearly closing date come nearly, so market high to higher voltage ⚡ fire possibility. · Check the chart understand,, unwanted & wanted necessary. * Previous chert check if don't understand this chart. If impress our analysis, so like & share ur comments.
Short
by ForexAnalysisTeam
ADAUSD Short Term Targets in Channel Important things to note: BTC looks like it is still consolidating in a flagging pattern for push higher. Total2 is almost at its ATH. BTC.D dropping like a stone. Lot of ugly patterns for alts at the moment. ADA is still in short term bearish structure. However descending channel signals upward breakout. I have noted important levels on chart. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. Hey everyone sorry I have been posting a bit less. I have been fighting through internet outages and have been busier than usual due to that fact. Overall the market looks fine. BTC is consolidating in a flagging pattern while its dominance is still heading south. Total2 is nearing its ATH thanks to ETH. However I see a lot of ugly looking patterns for a lot of alts which is making me believe there might be some cooling off in the near term. Because of this fact, I have noted both upside and downside targets for ADA. I also noted the level that needs to be crossed for bullish targets to be considered. This is all fine as long as the PA staying within the descending channel. After all, the descending channel itself is a bullish signal. So, I am guessing the reason for all of this is just last minute money moving around. November is right around the corner and that is when the majority of assets will begin heating up. I personally am done with my rotations. However, there is still time to do so. You might want to give it a day or 2 to see how the PA is looking before you do. I have started posting charts on other assets I am in. So feel free to take a look if you want. I have said this a million times but I highly recommend diversifying your assets. That is a basic investing rule along with rotating. Consider this or you will be subject to unfortunate opportunity costs. As always I will continue to update you all! Thanks again! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
67
Xauusd/Gold Bearish Forcast Xauusd (Gold) Bearish Prediction Analysis Structure:- Harmonic + RSI + Breakout 1. Possibility first time gold price hit 1792/1804 level. 2. Ñext this to price go down to 1740 nearly. 3. 1792 & 1804 this to level broken the trade line so possibility here to again back 1740 nearly level. 4. Second rad harmonic pattern here bullish harmonic (deep crap). This pattern buy level 1740 5. If check the chart so below you can RSI here we drawing prediction downward & here bottom box means bounce level in buy side. 6. But remember, two extra support (1760/1750) level we drawing here, because here to possible also bullish, so be alert. » Share your comment about this analysis . Thanks By FX Analysis Team
OANDA:XAUUSDShort
by ForexAnalysisTeam