Aksel_Rom

Aksel_Rom

Hey trader! This analysis takes focuses on a bullish trend with some support levels which can influence the price further. As there are some support levels below the price at 0.3400 , 0.3047 , & 0.2438 respectively, there is a stretch trend for a bullish development in the price. However, it should also be mentioned that some strong resistance levels ...

Aksel_Rom

Hey trader! This analysis is based on a bearish breakout as a result of a double top . As the previous resistance (at 0.5123 , 0.4262 , & 0.3769 respectively) and support levels (at 0.3398 , & 0.2443 respectively) indicate, the current development is taking place in a bear market . Despite the negative development, a bullish double top has formed...

Aksel_Rom

Hey trader! This technical analysis discusses how the price of Cardano could potentially decline to a lower price target. In the analysis an Elliott Wave is made as the resistance levels become lower. The start of the first wave starts at the resistance level at 0.5947 . After the first wave, the waves get progressively lower indicating a bearish trend. At...

Aksel_Rom

Hey trader! In this analysis I will review why Coca-Cola has the potential to reach a target at 70.32 . Since the last drop in price at 57.50 , the stock has had a good bullish trend where new resistance levels were formed at 67.20 , and 66.37 . However, the price fell from the strong trend and landed at 59.66 which is now a newly formed support...

Aksel_Rom

Hey Trader! In this analysis I will show why I perceive the idea of why Bitcoin is going to rise over the next while. First of all I will explain that Bitcoin has been exposed to a bullish trend the past few months. Since then, numerous support and resistance levels have emerged which will help the price to rise. There are numerous support levels below the...

Aksel_Rom

Hey Trader! In this analysis I will explain why I think Bitcoin is going to rise. First of all, Bitcoin has a lot of crucial support both below the current price ( 33995.78, 39629.03 ) but also a lot of support to pick up above ( 56467.83, 45443.04 ). I therefore believe it will rise with a Stair-pattern up to the target at 70022.65 . I should also...

Aksel_Rom

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...

Aksel_Rom

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...

Aksel_Rom

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...

Aksel_Rom

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...

Aksel_Rom

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 ...

Aksel_Rom

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...

Aksel_Rom

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...

Aksel_Rom

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...

Aksel_Rom

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...

Aksel_Rom

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...

Aksel_Rom

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...

Aksel_Rom

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...