Cardano ADA - Feb 16 Requested Technical Analysis - Squeezing into Apex.

in #cardana7 years ago (edited)

General tone
Squeezing into apex with a possible uptrend with key breakout above 4.6K satoshi
Though we may downtrend to a support zone indicated below
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bearish
Short Term Bias (Today) - Neutral
Long Term Target Prediction (Months) - 10.9K to 17.6K Satoshi


My Comprehensive List of Tutorials
Please consider upvoting if it has helped you
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Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Automatic Stop Sell/Buy Executions
Lesson 16 - Advanced 55 EMA Strategy with Time Frames and MACD Part 2
Lesson 17 - 6 Hours Live Trade Scalping. Growing $2,000 Account into $3,500
Lesson 18 - Bitcoin BTC Feb 6 - BTC Update - Summary of ABCDE with live play.
Lesson 19 - Elliot Wave Theory, Fibonnaci Retracement & Extension (Combined with Feb 11 BTC TA)
Lesson 20 - Advanced Elliot Wave WXY With Feb 11 Technical Analysis
Lesson 21 - Using Elliot Wave, Fibonacci, And Extensions To Obtain Targets (Combined witFeb 11 BTC TA)
Lesson 22 - Risk Management, Channels, Fib Retracement, Fib Extension. Summarizing Feb 11 BTC

Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1

If I've helped you, consider buying Luna and myself a beer

BTC: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
NEO: AaZu8fiiMW3vnizUaSkRj6JoobswkeCKPQ
EOS: 0x2538b728f9682fc1dc2e7db8129730f661753850
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD
XRP Address: rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm / Wallet: 4110054236

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

If I've helped you, consider buying Luna and myself a beer

BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

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Great content as always, appreciate your work!! Its good to get a reminder to upvote, I forget sometimes if I don't hear it.

ADA is just one of those coins. It’s a good coin, and high up the market cap. Worth doing, worth looking at.

Loving your videos and tutorials, thank-you!!

Thanks Philakone , if you have time could you have a look at VEN

I really wanna upvote you and all that i been clicking randomly🤔 need to work out first how to use this rather difficult platform

Click the round circle

siacoin please man we need your analysis

Philakone, Can you be kind enough to explain how to count EW in charts such as this one? It's 1st/BTC on Bittrex. There was a sudden spike in December, should that be counted as wave 1? Thanks a ton in advance, I am hungry for knowledge and not targets, so you can skip the targets easily while explaining this chart.EW.png

open an account at Kraken and put some coins there even if you don't trade. this is only to have a different banking on your coins and not risk all to Bitfinex. Like savings

Love your videos and the details you give! keep up the great work! starting to go down your tutorial list now.

thanks, in my hodl list

you misspell your tags 'cardana'

My favorite crypto TA ever! I've learned so much from your content. Thank you!