by the admin | Sep 12, 2021 | Cardano, Crypto
Last week was big for Cardano. One of those battles where you lose more than you win but, everyone else is weakened even more so you’re coming out strong by comparison. Last week was a big hit for the crypto space with a massive sell-off on the 7th. But –...
by the admin | Sep 11, 2021 | Articles, Cardano, Crypto
Many other cryptocurrencies remain on their back foot. Not Cardano, the green cryptocurrency. As looked at on Wednesday, the coin has broken out to the upside. The levels looked at on Wednesday held true, although timing the breakout proved more difficult than...
by the admin | Sep 10, 2021 | Articles, Crypto, Ethereum
ETH/USD continues to coil, putting in another test of support at the same Fibonacci level looked at earlier this week. This is right around the 3350 level, which could be considered as a short-term psychological level, giving a bit of confluence to this zone. That...
by the admin | Sep 9, 2021 | Articles, Crypto, Ethereum
Ethereum (ETH/USD) support is holding for now at the spot looked at yesterday, taken from around the 23.6% Fibonacci retracement. The bounce has been mild but perhaps most importantly, the selling has ceased and this keeps the door open for bounce potential.
by the admin | Sep 9, 2021 | Articles, Cardano, Crypto
Cardano is right back to resistance after spilling lower earlier. The level in question is a Fibonacci retracement plotted at 2.6095. So far, it’s held three separate tests over the past day, each of which has failed. This has led to what looks like a dirty...
by the admin | Sep 9, 2021 | Articles, Cardano, Crypto
Just posted about Cardano running into Fibonacci resistance. Looks like that resistance is going to hold, already the coin has folded back almost a full dime. Already almost back to the 2.45 area, which remains as support and can keep the door open for bulls.
by the admin | Sep 9, 2021 | Articles, Cardano, Crypto
Cardano was brewing a breakout, as looked at yesterday. The 2.45 level was key as this was a prior all-time-high that had come back in as short-term resistance. That level has now been broken as bulls have taken their swing, and prices are finding resistance at a key...
by the admin | Sep 9, 2021 | Articles, Crypto, Dogecoin
Dogecoin trying to set a bottom. Tuesday spill led to a Wednesday doji, steps one and two of a morning star. There’s also some support context, taken from 14.4% Fibonacci retracement of the May-July sell-off. Bullish setup, targeting confluent resistance zone...
by the admin | Sep 9, 2021 | Articles, Bitcoin, Crypto
Bitcoin looks like it could have more down side. At the least, it has less evidence of bottoming than Doge or even Cardano. But if there is more downside, there’s a nice zone not too far away that makes longs attractive again. This is between Fibonacci levels at...
by the admin | Sep 8, 2021 | Cardano, Crypto
Cardano is still consolidating from yesterday’s spill. the bad news is buyers have had ample opportunity to take control of this thing and they haven’t yet. But, its fairly reasonable given that resistance has played in off of that 2.45 level. You can...
by the admin | Sep 8, 2021 | Crypto, Dogecoin
Doge is looking like one of the healthier cryptos out there atm, putting in a stronger recovery than most other shitcoins
by the admin | Sep 8, 2021 | Cardano, Crypto
ADA/USD is back to that 2.45 spot, finding some short-term resistance there. This is the prior high that held for a couple of months, but this now presents short-term breakout potential.
by the admin | Sep 8, 2021 | Articles, Cardano, Crypto
Cardano has pulled back hard with the rest of the crypto sphere, and prices are trying to balance support around the prior ath, ~2.4500 or so. I still think this is good for long-term holding, esp if we see continued run in the space.
by the admin | Sep 8, 2021 | Crypto, Ethereum
ETH/USD support at prior resistance, 23.6% Fibonacci retracement of the Jan-May major move
by the admin | Sep 8, 2021 | Crypto, Ethereum
ETH/USD has pulled back for a test of support. Aggressive strategies can look to add exposure here. System stop 2400 but sticking long for fresh highs until then.
