ADA/BTC breakout could be BIG: Cardano 22-58 % minimum expected
Cardano has been pounding against the ceiling.
Above there are wide open spaces to next fibs.
It could be a good HODL buy or high profit trade.
The Fib series is from last drop starting in May 2018.
The 2.618 was good support and is a common bounce point.
The 2.236 often works in tandem acting as the 'other' wall.
Break above 2.236 opens it up to the 1.618 as final target.
2.0 is not a valid Fib, but 'Double' and 'Half' do get attention.
1.764 (2.0 - .236) is not often strong but proved during drop.
Break above the 2.236 and then retest would be great entry.
Support wise, the 2.382 must hold or odds of breakout diminish.
Of course, if the 2.618 breaks then the downtrend will resume.
Ideal: sudden spike down to 2.382 and then a 'super-ball' bounce.
Above there are wide open spaces to next fibs.
It could be a good HODL buy or high profit trade.
The Fib series is from last drop starting in May 2018.
The 2.618 was good support and is a common bounce point.
The 2.236 often works in tandem acting as the 'other' wall.
Break above 2.236 opens it up to the 1.618 as final target.
2.0 is not a valid Fib, but 'Double' and 'Half' do get attention.
1.764 (2.0 - .236) is not often strong but proved during drop.
Break above the 2.236 and then retest would be great entry.
Support wise, the 2.382 must hold or odds of breakout diminish.
Of course, if the 2.618 breaks then the downtrend will resume.
Ideal: sudden spike down to 2.382 and then a 'super-ball' bounce.
Bình luận:
Still looks good, and fib is on task
that 4.236 might be a spot to take some profits for me, let the rest ride .
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Bình luận:
Nice, perfect Tap of the Target. Sold 50% of my ADA bag at this 4.236
will look to buy back lower
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Bình luận:
Here we are, at the first Moment of Truth
Zoomed in. You cant get any more precise than that
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Zoomed in. You cant get any more precise than that
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Bình luận:
Fibs on the 15min shows reason for reflection from 1733 stats
now to see if bulls can hold the green 6.236 around 1694
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Bình luận:
1694 brought some buyers, nice wick on 15 min candle exactly at the zone
Bình luận:
Sorry for lack of updates. ADA hit Target 2 EXACTLY, gotta love Fibs, WOW
Zooming in, we see just how Precise the Fib line forecased the resistance
Zooming in, we see just how Precise the Fib line forecased the resistance
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Closeup I am watching this fib for clues
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