Cardano Trading Forecast

Cardano Trading Forecast

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 –...
CARDANO COMEBACK

CARDANO COMEBACK

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...
Ethereum Support Test

Ethereum Support Test

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...

Cardano folds at Fibonacci resistance

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.
Cardano Breaks Out to Fibonacci Resistance

Cardano Breaks Out to Fibonacci Resistance

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...
Bitcoin – this is the zone

Bitcoin – this is the zone

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...

Cardano coiled and ready to pop

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...

Cardano pullback – levels to know

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.
Ethereum snap back

Ethereum snap back

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.