Time to Watch Cardano

20 Jan 2018

Here's the make or break point - The candles have held the ascending support of the 1x1 fib ray several times and are now being crushed under the resistance of the 3rd Arc Pair - At this point if the support breaks the candles will continue down inside the 3rd Arc Pair - If the support holds the price will break upwards thru this arc and hit the 4th Arc Pair and beyond - Breakout will be seen either way when the candles reach the tip of the wedge in the next day or so - Volume is low

26 Jan 2018

Catatan

ADA had a $$ boost from the Weiss report but the candles are stuck under the 1x1 fib ray - In Gann charting above the 1x1 is bullish, below it is bearish - If the price cant break above the 1x1 expect more downside, especially if the candles can't open outside of the 3rd arc pair they are currently in

12 Feb 2018

Catatan

Ada has fallen off the Gann 2x1 fib ray - next support is 0.000039 on the 38.20% fib - My feeling is Ada will crawl along the 38.20% fib until the candles reach the uptrend of the red 2x2 Gann fib ray - I'm not buying yet however its not got much further to fall now if your hodling

17 Feb 2018

Catatan

Ada is flattening out - As i said previously I expect the price to go sideways around the 38.20% fib until the candles reach the red 2x2 fib ray - Price action should happen at the Arc

20 Feb 2018

Catatan

Ada has broken the red 2x2 fib ray so the next stop is the 23.60% fib around 0.00027 - Its not impossible Ada could dip as low as 0.000021

12 Mar 2018

Catatan

The Mac D on the Ada Day Candle chart has finally crossed up - I'm beginning to accumulate at this price range now as more downward movement looks minimal if unlikely - This has all taken quite some time, it may go sideways now for a while too