Adding VET to my bets this alt-season. Current market cap: 2.8B, $1 ATH. Bought 5m VET on margin at $0.037. First target is $0.10. Let me know what you think of VeChain in the comments.
Congratulations to everyone who followed CARDANO BOPPERS in 2020 and held on. Since my last analysis we've launched into space and I haven't bothered drawing anything, this is only the beginning. With eth nearing $2000, smart contract like tech clearly has some viability. The left screen here is ADA's 2018 ATH. Once this is settled and tested, there's no telling...
12H and 3Day. I'd rather not get ahead of the price action and make a prediction. I like it, I'm long. Need to see a breakout of Net-Volume to confirm upward pressure outside of this wedge. Which has been consolidating nicely though later January. I'm looking to ADA/BTC pair to find directional correlation for both cryptos.
XRP AND ADA. Cardano primed to break above now???
Decision point here. Short term target could be $0.41, or $0.30. I'm long to $0.61.
Let's build support at 880 and reassess the possibility of bullishness. This divergence will give us one alt-season to remember, if it proves valid. Cardano seems like the chosen one.
Sorry I've slowed down with the TA, I feel that predicting future moves based on our 2018 reaction data is futile AFTER this $.038 turns support. If its rocket ships, -moon, duh. Short term time frames are moving with spectacular, sometimes sneaky, bullish consolidations. Expecting reversal to confirm $0.40 support sometime after ATH.
Wedge structure broken with very bullish pressure. Long to $0.37 target.
Cardano has developed this brutal 90 degree turn, with the market cap to support it. We saw market cap touch $9.6B at our weekly highs, and here it sits at $8.2B after creating $0.24 support. Cardano's market cap was less than $700M in January of '20. If this formation supports itself, our next months are going to be astronomical, to the moon.
We're moving sideways. DO NOT get taken out here. as long as we're in this channel, were on target to break $0.41-$0.5 before February. EMA's contacting the price action will signal our break out.
Wow. New ATH at the least. Good luck, holders.
Building some KINETIC ENERGY lol. Bullish reaction between points, $0.24 support looks strong.
Decision made in black circle. Bull flag confirmation means $0.40 Target. Long position open.