zac_destroys_all

zac_destroys_all

Just a trading setup I'm monitoring on my watchlist no firm price target as of yet. There is cup with handle pattern that has been forming for months here. After forming the cup and getting rejected at 2.50 USD The stock has been trending down slowly and consolidating in a channel. A break of this channel could prove to be a nice swing trade opportunity.

zac_destroys_all

Dot appears to be in a bearish continuation pattern that is likely to break to the downside. downside target at $24.23. A break to the upside is extremely bullish and could trigger a move to above $41. I have no position in dot this is simply an observation.

zac_destroys_all

If we can break above this key level at 1.31 we could see ADA return to new ATH. Something to note is that throughout this correction ADA has been relatively stronger than BTC and other alts. A break above the descending trendline then consolidation is bullish. The real important trendline to watch is the thick blue one as is is made by connecting the tops of the...

zac_destroys_all

ADA has been on fire this year! ADA has recently broken out of a falling wedge pattern after consolidating for a short period of time vs. BTCUSD. This move will likely signal significant strength in the USD price like the last time this happened on February 18th. If resistance at 0.00003 is broken there isn't much in the way of reaching 0.00042 which is major resistance.

zac_destroys_all

After breaking a continuation triangle to the downside, this trend line is the last line of hope for BTCUSD imo. excellent buying opportunity at 44 100 roughly

zac_destroys_all Updated 

Price target 1.15 on break of the support at 1.31. ADA needs to consolidate below previous ATH.

zac_destroys_all Updated 

What a run! All the while bitcoin was weak and falling! Look for a retrace back to the 0.386 and mostly the 0.5 fib levels

zac_destroys_all Updated 

XLM is in a bearish continuation pattern that has a high probability to break to the downside. The measured move is targeting 0.27 cents!

zac_destroys_all

ADA consolidating in a continuation triangle Target 1.40 approx

zac_destroys_all

One trend line I'm watching that is near the 0.5 fib level based on the new 44837 low to the all time high. In my opinion any break above or rejection off of that trendline will be indicative of the direction we go next. If we break above I will be watching the fib level .786

zac_destroys_all

ADA correcting 20% the retracing to the 0.786 fib retracement. My guess is lower from here. The broader market is correcting right now so alts will most likely follow suite.

zac_destroys_all

The Great Reset or The great Depression 2.0 is very much a real possibility. This is purely my pessimism and the reason I started trading and have stopped investing. There is so much risk in these markets even fundamental value stocks will be dragged down with this. can anyone even guess at this point where the s and p 500 will be in 10 years?

zac_destroys_all

Just some TA

zac_destroys_all

I'm watching 2 levels for a possible re entry into ADA. Fib retracement 0.382 @ 1.042 USD and Fib level 0.5.

zac_destroys_all

This is not trading advice or a trade I'm taking. I just noticed this steep head an shoulders pattern forming and wanted to share it.

zac_destroys_all Updated 

If we close hourly below 1.08 we should go lower and test the 0.382 fib level at 1.04. Until than I'm bullish ADA short term

zac_destroys_all

These are my next targets for ADA using Fibonacci extensions. A 1.0 target or the same size move up is around 1.39 USD just above the previous all time high of 1.38, though I don't expect to get there on the first try.

zac_destroys_all

cardano ADAUSD lagging bitcoin but still strong