Cardano is on the back foot just like the rest of the market. This could end up as a local technical correction however, there seems to be more downside potential for the time being. We anticipate a quick move to the next key-level support of 0.7200, our official profit target.
The short-term cycle is on the backfoot. Given the strong rally of the whole market is the last couple of weeks, a quick downside reversal on a local scale is highly likely at this point. We're firing off a short position, targeting the key-level support at 4.125
The short-term cycle is setting the tone at the moment, and it's driving price action sideways. The breakdown below 442.65 is imminent and will trigger a downside quick move to the next local support at $416. We're diving in for a short-term sell trade.
A very distinctive head and shoulders had been building up over the last couple of weeks. The reversal pattern had already been activated with the breakdown below the neckline a few days ago. Our analysis suggests that a short-term quick move to the key-level support at $2985 is highly likely at this point. Stay tuned...
A quick turn around correction is highly likely at this point. From a short-term perspective, price action can easily make contact with the local key-level support of 5.0934. We're jumping into a short-term sell position.
Major breakout of the big key-level at $74.90 had been validated. This is a strong indication that price action might pick up the pace on it's way to the next big resistance at $96.18
The short-term cycle is trading sideways for past 5 days. Coming from the bottom of the range, we believe it is highly likely for the Polkadot to turnback up and push forward towards the upper section of that range, starting with the local key-level resistance of $5.36, our official profit target.
The significant key-level support of 415.5 is being tested right now as we speak. We believe that support is going to hold and reverse price action back up, at least for the short-term distance. We're firing off a new short-term bullish campaign, targeting the next significant local resistance of 447.0
The swift U-turn off the top in the last couple of days is expected to sustain. Our analysis suggests that price action is heading towards the next big key-level support at $3.62. We're taking immediate action. Stay tuned...
Cardano is coming up with a lot of upside momentum and is crossing over the local key-level resistance of 0.5700. A quick push further to 0.6325 is highly likely at this point. We're jumping in to position.
The recent breakout of the key-level resistance at 0.5793 had been confirmed by the close of the weekly bar. It is more than likely that price action will continue on this upside trajectory. the next significant key-level is at $0.6860, our official profit target.
The breakout above the key-level resistance of $32.50 seems to be legit, especially given the current positive momentum that the whole market is under. We believe that this breakout would lead price action to the next stage of this current bull cycle. Our official profit target is at $44.25
The failure the breakdown below the significant key-level of $0.3600 implies that price action is all about this current upside momentum and it is more likely to keep marching forward. We're jumping into position, targeting the next major resistance at $0.4230
The massive support key-level of $2513 was able to finally turn price around. A bull cycle is likely to build up in next few weeks. Price action had the potential to double up in value. Our official target is $3790
The failure to break out above the key-level resistance of $69,700 strongly suggests that the Bitcoin is gearing up for a full fledged downside reversal. We're taking a swing at the Bitcoin with a short position, targeting the next major key-level support of $60,582. Stay tuned...
Ripple is on the move and seems to be breaking out the key-level resistance of 0.5200 right now as we speak. We suspect this breakout is legit and will lead price action to the next significant key-level of 0.5515, our official profit target. Stay tuned...
The downside trend is accelerating and seems to be moving to the next stage of the cycle. price action has a lot more downside potential in the pipeline. Next significant key-level is at $2285, our official profit target.
the quick turn around and the drop below the key-level support of $171.15 is a strong indication that price action is on the backfoot again, moving towards the lower section of the trading range it's been trading in for a while now. Next big support is at $138.50, our official profit target