In our last analysis of ADAUSDT, we were waiting for a break of the descending trendline which we thought to be a falling wedge at the time. We haven't broken it yet and since then we spiked down to retest the $1 mark where we have previous structure, 200EMA and the major trendline.For confirmation, we are waiting for the break of the descending trendline to...
5 Aug
2021
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7:22 pm
Cardano has had a few attempts to break out this year but somehow manages to lose steam on its way up. We are now approaching a pivotal price 1.15 where we have multiple confluences for the upside. However if we break that level, we could see Cardano tumble much lower than the major bull run this year. Again we have a descending trendline which we will be...
5 Aug
2021
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7:22 pm
Cardano recently had a triple bottom reversal. We appear to be in a parabolic trend which is setting up for a big move. For confirmation we Weill be looking for a break of the parabolic trend to the upside and a retest of a structure level.We will be targeting the all time highs once we break.
5 Aug
2021
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7:22 pm