TheStallion_

TheStallion_

Hi everyone! Analyzing the current price action, we observe that the asset is positioned near the lower end of the 0.382 Fibonacci retracement level. It has reached the top of a descending channel and is beginning to retrace from its local high, signaling potential bearish momentum. Additionally, Bitcoin currently exhibits a bearish outlook, with a CME gap...

TheStallion_

Good evening ladies and gentleman, today we are going to look at Bitcoin! These past two months bitcoin and the crypto market generally speaking has seen a phenomenal upside and bitcoin has formed a great ascending channel, respecting the resistance and also keeping within the lower parts of the channel. From what I can see right now Bitcoin is on the support of...

TheStallion_ Updated 

This last week we have seen a great upside to Cardano with a great 15% gain. As for all big upsides there is bound for some retracements to find support. We can see on the 1 hour timeframe that there is a lot of resistance at the 0.29 area. From what I see there is two possible outcomes: 1: Cardano retests 0.2750 before heading towards another shot at the...

TheStallion_ Updated 

Hello traders! Bitcoin is looking like it's making a reversal on the smaller timeframes (5min-10min) but on the bigger timeframes (1h-4h) it's continuing downwards. Possible TP for those in a short position is 25.400-25.000 Good luck! -The Stallion

TheStallion_

Hello traders! Today we are going to look at the potential movement for Bitcoin. These past few days we have seen a huge leg up, breaking the resistance at 28.000 and finally hitting the 30.000 area, having an almost 10% gain these past few two days. What I think follows this is a healthy correction back down to 28.000 and potentially even lower, this is a common...

TheStallion_

We are seeing ADA making higher lows. Bound for a correction after hitting heavy resistance at 0,40 area. -The Stallion

TheStallion_ Updated 

Hello traders! From the 1 hour time frame we can see a solid trend line. It is also looking like it's consolidating at a liquidity point right now. We can also see some resistance at the 0,33 area. All take profits are specified at by the white lines TP1-TP2 being the most probable. Nice entry point at 0,3210 area, good luck! -The Stallion REMEMBER TO ALWAYS...

TheStallion_ Updated 

Hello traders! Today we are going to take a look at ADA's movement these past few days. As i mentioned in my last post: It is consolidating at the 0,3280 area and is looking to make a bottom, if it breaks down to 0,3200 I would look for a short position hitting the final demand zone at 0,3050. On the 4 hour and also the 1 hour time frame we can see that ADA...

TheStallion_

Hello traders! Today we are going to look at what's next for Cardano. Cryptocurrency as a whole is down 4% as I'm writing this. We can see that Cardano had a huge correction to a monthly low of 0,3218, making a strong low and nice support. These are my two main ideas for ADA the next few days. It is consolidating at the 0,3280 area and is looking to make a bottom,...

TheStallion_

Hello to all traders! Today are we going to take a look at Cardano from a short/midt-term position. As we have seen, Cardano had a great start to the year with a 70% thus far. What naturally follows is a healthy correction. From what I can see, it's a lot of selling pressure at the 0,4-0,42 area making it a strong resistance line to break through as of right now....

TheStallion_ Updated 

Hello everyone! This is a short trade on the 5 minute time frame. As you can see on the candles, Cardano is making lower highs, looking more and more like a bearish pole or solid triple top. I think it is going back down to the support area as you can see from the FIB tool, before eventually reaching new highs on the bigger timeframes. I'm bullish on Cardano, but...

TheStallion_ Updated 

Hello and good morning/night depending on where you are reading this! We all saw that MATIC pump towards the upside today. But it has barely any support at the top, and it seems that we have established a new resistance line on the 1 hour timeframe: 1.1778 and a new support line at 1.09. It is looking like MATIC is going to consolidate at around the support line....

TheStallion_

BINANCE:ADAUSDT Hello and good morning/night depending on where you are reading this! ADA has tried to consolidate and build support around the 0,41-0,3980 territory but from what I can see, it doesn't have enough momentum or volume to retest a new top. I think it will go back down to 0.37-0,36 territory before finally trying to for the 0,45++ and at this moment...