Quick Update #adausdt looks like wave 5 was not finished and that's how market makers liquidate both long and short at the same time.
Here is your setup now i am sure wave 5 is finish.
Take Care #ADA
#Bitcoin #Cryptocurency #Elliottwave #Bitcoin $ada #Elliottwave #ADA
Quick update on #adausdt looking for a small pull back around 1.40$. Here are your price target for the setup.
Take Care #Cardano
#Bitcoin #ETH #Cryptocurency #Elliottwave #Bitcoin #ETH #Cryptocurency #Elliottwave #ADA #DOT
high 2.378 and low 1.182
price seems to hold on to 1.200 level as good support
it can create a double bottom or W pattern
waiting for bullish candel or structure for trading
2.150 and 2.693 can be the retracement target
if price break below 1.150 it will be no trade
Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count we had, waves 1, 2 and 3 have been completed and now the trend is inside wave 4.
Wave 4 is zigzagged, and from this zigzag , waves a and b are completed, and wave c is probably...
The market is currently in a bull run, ADA is forming a triangle pattern go long after it breaks the upper level and retests it. The confluence of 200 EMA and the upper trendline adds more confirmation . If it breaks the lower level ignore it, it may be taking a retest from the lower levels. We should go with the trend .
Cardano has been traveling in a channel as can be seen in the chart. After about 2 months of falling, it's now again at its lower trendline which generates a good opportunity to go long!
Its also trading above its 50 daily EMA and has broken trendline 1 which was depicting its fall. These indications further support the idea of going...