Going short on Cardano with a 1-2 week timeframe unless we can punch through the resistance levels.
Target 1 in 1-2 weeks, target 2 in 2-4 weeks TP1 = $0.18954 TP2 = $0.22944 SL = $0.13233 TP1 risk reward ratio = 2.34 Not a recommendation to trade, just sharing my basic trend analysis Please DYOR before buying any asset and be sure to set a stop loss, anything can happen with crypto.
I'm long term HODL on this great project but in the mid timeframe Safe Haven looks like it's getting ready for another blast off. I think we'll see ~160% gain within the next 30-60 days. As this is a very small cap coin ($26MM) I do recommend placing your stop loss. Entry: $0.008650 TP1: $0.022174 TP2: $0.031820 SL: $0.006566 TP1 Risk reward ratio = 6.49 This...
MAP saw very impressive gains in March followed by a dramatic decline in pricing. Currently it is sitting at strong support and has the possibility to swing back up to $0.117 even if the downtrend continues. If we break this level then it might go back to the moon but we'll need to see solid movement through the 6H EMA100. The coin has seen pretty sharp movements...
XLM is hovering between a converging EMA 20 and EMA 50. When it breaks through one of these you will see your buy or sell signal. Through EMA20 and the first target is ~$0.50 and a possible moon back to above $0.60. Through EMA50 and stoploss at $0.38 as this could signal a drop even to EMA100 with strong support at $0.33. Wavetrend and Madrid vector have shown...
This is my first shared analysis within TV, I welcome any constructive criticism! I'm short on LTC in the short to midterm sitting in a descending channel with bearish divergence on the RSI and Phoenix Ascending showing energy has been higher than the green within several timeframes. If we break out of the channel downwards (which I think is likely) we'll find...