aceofcryptos

aceofcryptos

Bottom 1st wave = B1 Top 1st wave = T1 T1: 1.2329 B1: 1.1080 T1 - B1 = 0.1249 T2: 1.3100 B2: 1.1955 T2 - B2 = 0.1145 0.1249 - 0.1145 = 0.0104 0.1145 - 0.0104 = 0.1041 T3: 1.3998 B3: X X = 1.3998 - 0.1041 =1.2957 BUY at 1.2957 Drop before it can rise further assuming it holds the support

aceofcryptos

Target 0.000045~46 (BTC bounce back)

aceofcryptos

Chart Pattern Taken from previous the bounce back

aceofcryptos

Price pattern is taken from this month.

aceofcryptos

According to Alonzo rollout plan (Cardano 360 report), Alonzo main net will be released either in September or October. Crypto in general tend to quiet down during summer as well. Away from major news, I expect Cardano to calm down a bit before it starts reaching new high. Big players wait for price to drop, slowly accumulating.

aceofcryptos

B1 pumps in two intervals fourth wave second interval pump to 1.73 then maybe 1.8

aceofcryptos

WIth rising short term confidence in crypto market COTI is expected to rise to a point. - Cardano is having exciting releases - BTC and ETH long accumulation

aceofcryptos

Cardano Begins Countdown to Smart Contracts With Alonzo Testnet

aceofcryptos

There might still be a lot of volatility, however, it is clear that long term accumulation is happening for ADA. Whales who has ethereum and bitcoin will start considering ADA with Cardano's recent major project releases.

aceofcryptos

Seems like long accumulations is happening. *ADABTC looks like there is a big push from buying ada with bitcoin at the moment *ADAETH looks like there is a big push from buying ada with ethereum at the moment ** whales transitioning from btc and eth to ada

aceofcryptos

Closer look after previous chart

aceofcryptos Updated 

The yellow line shows same players entering their bets. Very possible for it to push between 1.9 ~ 2.0 USD

aceofcryptos Updated 

We are still not out of side way volatility yet.

aceofcryptos Updated 

I recommend to study Wyckoff's cycle. Price drop is not over yet.

aceofcryptos

Within 24 hour trade, let's see where the price will move in these volatile times.

aceofcryptos

Current volatility might play with your nerves especially if you leverage your trades. However, it seems like overall trend is going to go up. Current volatility is definitely unstable and hard to trade for leveraged traders, but here is the trend line and timing to take a look at.

aceofcryptos

Short term low and long term high

aceofcryptos

There is a possibility in couple of hours that it will go down by a bit to 1.60~1.65 then people will start buying in again since it will be a good opportunity. The buy back can continue till 2 USD. Some will be cashing in at 2 USD, which will pull back the price. After 2 USD we will have to see what will happen. However, I can see that everyone seems to be bullish.