The resistance of the MA200 causes the USDT market to fall, pay attention to the previous analyzes, we should not fall for the liquidity pool of the exchanges in such a situation, the market will grow, of course you, dear friends, should also go ahead with your personal strategy, maybe I will misanalyze sometime.
I can tell you with certainty that the USDT market went up was due to the liquidity pool of the exchanges because they wanted people to imagine that the market was going to be drastically reduced, but the fact is that the USDT market has to shrink
Cryptocurrency exchanges fool beginner traders with their liquidity pool, but as a professional trader you shouldn't be fooled, most altcoins have broken their resistance to the upside, so don't be fooled
The best position to enter the buy position, just buy and enjoy the pump of the Cardano price in the coming hours. Don't be fooled by usdt.d, it's definitely a gimmicky charade. I feel, Hoskinson will post a message on Epilation X today under the heading of Cardano Bullish Price$$
We will see the conditions for entering this cryptocurrency I strongly believe that the cryptocurrency will make stunning growth in the coming hours
The gray boxes are the weekly bits and the pink boxes are the daily basses. I expect base to be down daily due to the failures that have taken place. Of course, you have to go with your own personal strategy.
It is in a bearish channel, as soon as it breaks to the upside, activate a buy position, the target range is $1, of course, any friends who read my analysis, you should proceed with your own strategy.
I warn you that the maximum upside it can have is a range of $680 to $730, I am considering a sharp fall for this chart, negative divergence is also evident, of course, my talk as a trader and analyst is uncertain and you need to go ahead with your trading strategy.
Due to the failure of the triangle and reaching the optimal area for further collection, it seems to grow and I have identified resistance zones on the chart, which, failing each, becomes a support zone
If we plot the ascending and descending channels in detail, we find that the main resistance is the $55 range, and the support of the $30 range, if the resistance is broken for any reason, the $300 Target will be available in the medium term.
Due to the support of the trendline as well as the resistance for the USDT market chart, there is a possibility of a rise for the ADA chart to a range between $1 and $1.3, the loss limit should be set below this Lime trend
In the four-hour chart we see that Double WMA 256 support simulates very, very professional support for us, in the previous analysis I also checked the one-hour chart, I am very hopeful for the explosive growth of this cryptocurrency, of course you have to go ahead with your own personal strategy
In the 1-hour frame Double WMA 1024 superprofessionally simulates the path of support and resistance for us, in the one-hour chart we see very important support, we are here together to help each other, so in addition to tips, please go ahead with your personal strategy
The wave before the cup pattern was 80%, and now we see that the cup pattern is completed and the pullback is done, and I expect growth to the $1.2 range, we only help each other in technical analysis, so in trading with strategy Go ahead personally
In terms of the daily channel, it is in the support zone and also the resistance of the weekly range is at $1.3, I hope you do not get well out of this purchase, this coin always moves later than the others but has explosive moves ahead, also in the weekly frame it exactly repeats the previous pattern that I will load in the close juicer
My whole mindset plus my personal strategy plus my understanding of the nature of parallel markets as well as technical science shows that the path I outlined is happening, but consider that the inverted head-and-shoulder harmonic pattern doesn't happen entirely for two reasons, one: fooling people, two: chart conditions. I consider the latest growth of this peak...
I expect support and upswing due to high falls and reaching static and dynamic support, crypto market always surprises, go ahead with your strategy!
Based on the analysis of Bitcoin and USDT.D, as well as the breakdown of the China trendline as well as the negative divergence that is obvious on Jarrett, as well as the resistance of the Profile Volume Instrument, I expect a fall