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 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 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.
