I know.. usually I'm a swing trader and hate having patience and seeing my money go up and down due to de waves in a coin and prefere looking at it on a day to day basis. but ADA, what a great coin. incredible dev-team. We hit rock bottom here and we just saw the announcment to a new market cycle. the Beartrap. a little wave making all weak hands sell their stuff...
First of all: Thank you so much for following me. I appreciate it so much! now back to business: VEN just had some news about working together with BMW, and usually (crazy as it may sound) the price drops rapidly. I just was second too late to give you guys an awesome entry but I sill believe right now or in the near futer there is an awesome opportuty to buy this...
Nice DB forming here. BTC has had a nice bite out of the coins price here. I see the downwards movement slowing down and so I bought some (5% of my portfolio). it still has plenty of volume for some good movement. If BTC stabilises we'll have I nice bull run on this one for sure. sill trade carrfully as BTC could do a big FOMO move in the near future.
Breakout out of the channel needed to confirm B and C. otherwise immidiate drop to 9.1k (previous resistance) before making full bullrun.
Symetrical triangle followed by Elliot 12345ABC. I went a bit far here but my expectations are high. keep in mind: Hardfork coming up on 5/3. Sell at least two days before that and move stoplosses regularly.
we just had a parabolic upwards movement and we all know what that means, tricky business. alltough this triangle has truned out very clean we should trade with caution on this one. low volume could mean massive gains but the losses come just as quick. set stop-losses accordingly.
We still need some volume but this one is preparing itself for a nice run for sure. It woke up after the last few weeks and made a nice little Asc Tri. It defenatly a good pic due to the fact its simply a great coin. Be carefull because BTC could spoil te fun here. And I'd finish by giving away my personal technique: I never buy or sell! I only set buy- or...
After finding a valid Elliot wave, upwards movement adter hitting 10k likely. allso the psychological barrier on 10k is strong wich will probably create a strong support before going on a another bull/FOMO run.