TradingThroughTheLens

TradingThroughTheLens Updated 

ADA is still consolidating & in a Symmetrical Triangle on the 1hr chart. At the moment of Typing this, the Ichimoku Conversion Line (Blue) is still above the Ichimoku Base Line (Orange). ADA is also testing its lower end of the Symmetrical Triangle and its Ichimoku Cloud support, if that fails, then ADA may dip to its 2nd Ichimoku Cloud support. Again, there could...

TradingThroughTheLens

Looks like ADA is in a possible bullish flag on the 1hr chart. Looks like there might be 4 possible opportunities to accumulate more ADA. if your waiting for confirmation of a renewed uptrend on the 1hr chart then you will need to wait for the Ichimoku Cloud Conversion Line (Blue Line) to cross back over the Ichimoku Cloud Base Line (Orange Line). Remember that...

TradingThroughTheLens

There is a possible bear flag on the 1hr chart. We'll have to see where this goes, If it fails to break back above and out of the top end of the bearish flag, then there could be a possible opportunity for a short coming up 🤔

TradingThroughTheLens

Just posting one potential scenario so I've classed it as neutral. BTC has now done a parabolic rise which makes the 2017/2018 rise look tiny in comparison. I suppose the question is, and it's a serious question, do people honestly believe that the big players like MicroStrategy are hoarders and will just sit there and look at their BTC rise, will they sit back &...

TradingThroughTheLens

ADA looks like it will end 2020 very strongly. Just look at how far ADA has come since March 2020. ADA is still in a longterm uptrend. At the moment, the short-term uptrend is a bit weak as we can see from the ADX line which is at 14 but it does look like the ADX line has a slight slope upwards so we could see a move upwards towards the 20 level. The short-term...

TradingThroughTheLens Updated 

Apologies if this chart is a bit messy, but i decided to add a lot of info onto this chart for you to see what ADA has below it for Support and what it has above it for Resistance. If we look at the ADA Daily Chart, at the moment of typing this, ADA has found support from its 38.2% Fibonacci Level. ADA is still in its Symmetrical Triangle and it is still in the...

TradingThroughTheLens

At the moment, I'm not convinced that ADA will drop below its Ichimoku Cloud and into the Bearish Zone. For the short-term buyer or hodl-er this drop must look scary, but if we look at the daily chart, then this drop does not look scary at all. Just look at how far ADA has come since March 2020. ADA has found strong support at its Ichimoku Cloud Conversion Line....

TradingThroughTheLens

Wow, someone gave VeChain a viagra pill today. If VET makes it across the 23.6% Fibonacci Level on the daily and turns it into support then we could be on out way back up to our yearly high of $0.022990. VET is also back over its Ichimoku Cloud equilibrium zone and back in the bullish zone on the daily chart. The STOCH on the daily is also indicating that VET has...

TradingThroughTheLens

BTC is very close to breaking, and staying above that Pitchfork Resistance line and turning it into a major support! BTC may retrace and test the support of this resistance its trying to get through before it breaks higher through the last Pitchfork resistance line. If BTC does break through both Pitchfork Resistance Lines then its a sure fire rocket ride to...

TradingThroughTheLens

Let's have a look at $BTC again. BTC is so close to making a new All Time High. If we look at the weekly chart, we can see that at the moment, BTC as found a bit of resistance at the upper Pitchfork Resistance Line. Depending on when BTC breaks through it and depending on when it breaks through it's 100% Fibonacci Resistance Level which is its ATH, then there is a...

TradingThroughTheLens

ADA is looking really fantastic on the daily chart. ADA is pushing hard on that 78.6% Fibonacci Level and looks like we will also break through the first Pitchfork resistance. We have broken through our Ichimoku Cloud resistance and are now in the bullish zone with quite a bit of distance from our last yearly high. Looks like it could be a good Christmas. Good Luck

TradingThroughTheLens

It's starting to look very similar to the big Feb 2020 drop 🤯

TradingThroughTheLens

DJI came damn close to breaking through that Ichimoku Cloud Support! If it didn't get saved by the support then it quite possibly would've broke through the 200EMA and we would've seen the Conversion Line cross back under the Base Line of the Ichimoku Cloud. If it eventually does, then we'll probably see 25000 again which is around the 38.2% Fibonacci Level on the...

TradingThroughTheLens

On the daily chart, ADA is finally out of its Ichimoku Cloud equilibrium zone and back in the bullish zone. I would've preferred if it broke out sooner and with a Conversion Line cross over the Base Line above the cloud or at least within the cloud for a medium bullish signal. ADA is a also back above its last yearly high which is now a major support level....

TradingThroughTheLens

Lets have another look at Bitcoin because as everyone knows, bitcoin's movement effects alts like ADA and LTC ect ect. I'm Just concentrating on longterm weekly chart for this one, obviously if your a day trader or impatient then i suppose this post isn't for you. On the weekly chart, BTC actually looks like its on track to regain all its losses from its downtrend...

TradingThroughTheLens

My first post so it's just a simple chart but seems promising to me. If we look at the daily chart for ADA, ADA has managed to stay above its 200EMA, the Parabolic SAR has started to indicate a upwards momentum, we are out of our Ichimoku bearish zone & back in our Ichimoku Cloud equilibrium zone, we have our A,B,C of our upwards Pitchfork pattern and it looks...

TradingThroughTheLens

My first post so it's just a simple chart but seems promising to me. We have our A,B,C of our upwards Pitchfork pattern, looks like ADA will eventually break back above the last yearly high and when that Conversion Line (Tenkan-Sen) crosses back over the Base Line (Kijun-Sen) on the Ichimoku Cloud, there could be good times ahead for Cardano buyers. 🤔