ADABTC
Updated
DISCLAIMER: I just want to make clear that I'm fairly new to this market, so any opinions and advices are welcome! This could all be wrong but lets hope not! :)
After doing 12345 Waves Cardano (ADA) is now doing ABC, A is done and B is almost done, so when C hits at the Leading Span A (Green Line on the Ichimoku Cloud) it's mostly going to bounce back up and do another 12345, another thing that may indicate the uptrend of ADABTC is that point 4 and point C are a double bottom pattern, so in MY opinion point C is a good entry point for those who aren't yet on this coin.
Once again to wrap things up, this is MY opinion! Don't take what I say for granted!
Have a nice day.
After doing 12345 Waves Cardano (ADA) is now doing ABC, A is done and B is almost done, so when C hits at the Leading Span A (Green Line on the Ichimoku Cloud) it's mostly going to bounce back up and do another 12345, another thing that may indicate the uptrend of ADABTC is that point 4 and point C are a double bottom pattern, so in MY opinion point C is a good entry point for those who aren't yet on this coin.
Once again to wrap things up, this is MY opinion! Don't take what I say for granted!
Have a nice day.
Note
By doing Fib Retracement we reach a conclusion that C is a good point for the end of this cycle, which means a new 12345 will start once it bounces of C.
Trade active
It reach this exact moment the Fib retracement of 1 (2493 sats), we now need to wait to see where the 3H candle close
Note
t broke inside of the cloud but it came back up (Rejected by cloud: good sign)After C is done (which is "soon") A new 12345 wave will start, so I would recommend C as a good entry point for holding untill point 1 3 and 5.
Trade active
C has ended (in MY opinion) which means a new 12345 is starting (as we can see wikth that big green candle)
Hold strong!
Note
ADABTC is stabilizing, by using Ichimoku Indicators we can see thank (on the 3H chart) Tenkan < Kijun and they are almosto horizontal which means the price won't change much for now, the price is bouncing between the 0.382 and 0.236 Fib numbers, be careful if one of them breaks and the candle closes bellow! If it breaks dow the next "support" is the cloud (Leading span A)
Trade active
Tenkan crossed Kijun upwards and the candles are onl touching the Kijun they aren't crossing it bellow. Good signs
Trade closed manually
ADABTC price is consolidating inside the cloud, won't change much untill it breaks (either up or down..) Be careful! Trade safe!Hodl is life
Order cancelled
ADABTC price is consolidating inside the cloud, won't change much untill it breaks (either up or down..) Be careful! Trade safe! Hodl is life
Trade closed manually
I ended up closing all my alts positions because of all this BTC is doing.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.