BINANCE:ADABTC   Cardano / Bitcoin
Cardano #ADA has been in a long correction. Is this the bottom?
Many indications point to yes but we never really know with Crypto.

- ABCDE Correction formed a falling wedge , usually after E wave we will break the triangle

- Total correction has reached 78% Fib Level, there is not much more support under this range and will fall right down to the 100% retracement if the 78% level cannot hold

- Large support area to the left between W1+2 (Red Rectangle ), this gives more support around the 78% level to hold and hopefully bounce off

- Divergence between the candle pattern and RSI pattern, this is another bullish indication as we are trending out of the oversold conditions

- Reversal may take place after a bounce off RSI trend line , as the price trend moved toward the 78% level, the RSI began to trend the opposite way creating divergence which would also show more support at this Fibonacci Level

Please let me know what you think!
Feel free to comment and give me a follow
Could be. My stop is holding. But don't forget, we do have an 88 retrace still if these hodlr's keep holding tight lol.
+1 Balas
nickd534 longmoney
@longmoney, looks to be holding up pretty good, as we climb we can raise our stop loss so that we are in profits even if it hits our stop (technically playing with house money)
longmoney nickd534
@nickd534, BTC goin down over here on my count but alts lookins (not all) looking good. ADA for sure
+1 Balas
nickd534 longmoney
@longmoney, just posted my view on BTC and the 2 possible counts !
longmoney nickd534
@nickd534, It'll be a creeper
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Sembang Daftar Keluar