Cardano (ADA) is holding key support at the $2 level. If ADA can hold this level for the next few weeks, we could see an upward move and break-out from the symmetrical triangle showcased in the TA. The pink upward sloping line is strong long-term support and should provide a "lift-off" platform when we meet it in the early weeks of Dec (6th-9th). Should we have a...
Bitcoin inverse H&S has broken out like we expected from yesterdays TA. The price target I'm expecting is around the $67K mark. We have some resistance at the $63.7K level *Note this could take a few days to play out.
Potential inverse head and shoulders playing out at the moment. Potential upward move to the $67K level??
On the 1Hr chart we can see that Cardano (ADA), is starting to build a bit of momentum as it sits inside the range of $2.00 and $2.30. Are we going to make it to test the range resistance of $2.30?? Time will tell. *Note as mentioned on my previous TA, we could remain in this range for a few weeks, but this small sign of strength from buyers (bulls) is convincing...
Cardano continues to hold its strong support at the $2.00 mark. We are still stuck between the range between $2.00-$2.32. Volume on the 4hr has also been decreasing, showcasing the potential for a break-out in the coming weeks/months. My upward target for ADA still remains at the $4.00 mark. That being said we could remain down in this range for the next few...
Cardano (ADA) is looking strong against its USD pair. $2.00 support remains strong and to be holding. Range of $2.00-$2.15 is a decent entry for a long-term buy/trade. I see this pattern playing out over the course of the next 2-3months with a target price of $4.00. *Note ADA is still dependant on BTC, so a strong upward move for BTC could push ADA back down to...
Cardano (ADA) price is holding strong against the current upward and downward movements of BTC. $2.00 still remains strong support for this asset. (4hr chart) Long-term we are still waiting for the move towards the $3.90-$4.00 mark (falling wedge) Short-term ADA seems to be consolidating within the range between $2.00 and $2.32 (next resistance zone). This range...
Cardano (ADA) is forming another bull flag (continuation pattern) on the 45min chart. Price target for an upward move is $2.40 with a break out happening around 5pm (BST). Will the upside continue for the ADA community. Time will tell!! *Note this upside target is not certain but based on probabilities. Happy trading/investing
Big move currently playing out for Cardano (ADA). Price target is set around the $4 mark. *Note this move is not 100% guaranteed but rather has a higher probability of moving to the upside. Happy trading everyone
Cardano on the daily chart is looking good, with a falling wedge, which traditionally is a bullish move. This could potentially lead to an upward move to the $4 mark over the coming weeks. *Note we have strong support at the $2 mark but should this support be broken we could see a move down to $1.80 price levels. Lets see if this move plays out, but volume on the...
BTC on the 30min chart showing the likely upward move towards the $46.5K level. Expected move to break tomorrow 1st October 2021. A downward move could see us retest the $40K levels and potential further correction. *Note both moves to the upside and downside could take a while to play out.
Looking at the Cardano (ADA) 4hr chart you will see we broke out to the downside, but have not yet reached the target level of $1.64 (This could still play out with a further downward move), however we have strong support at the $2.00 level, which for now is holding up, having been retested it twice (20th Sep and 21st Sep). Currently the price sits at $2.15 with a...
This is a chart of Bitcoin (BTC) on the weekly timeframe. Maybe a bit controversial but this potential triangle pattern shows the the current cycle taking longer to play out than many expect with a breakout in Q1/Q2 of 2022. The rough target of an upward break would be in the high 80K range. *Note more data is required to confirm this pattern and at this point...
This ADA setup can be found on the 1Hour chart. It showcases a breakout move in the next 24-48 hours. Upside target is $3.22 and downside target is $1.66. *Note this could take time to play out and reach mentioned targets