c3l3x

c3l3x

Following a brief attempt to break out of the sideways channel two days ago, BTC's drop in value has sent altcoin prices falling across the board. ADA dipped to 1.16 before slowly climbing back to the venerable 1.18 region. Today looks to be a bit more downside with 1.11 possible, but primarily lingering around the 1.18 level. Sideways action appears likely to...

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c3l3x Updated 

Here is my first video analysis looking at the daily, and new 2D through 4D charts in light of the rally yesterday. My apologies if it's a bit rambling. It ran much longer than I expected. Summary is as follows Intraday Mostly sideways movement with a bias to the upside. Likely centered around the 1.25 level. A spike to 1.30 or a bit above possible. ...

c3l3x

Yesterday indicators started to show less downward momentum, but prices were still likely to go sideways for the coming days. By the end of the day there was a slight upward bias with prices up a tick at 1.20, rather than 1.18. There was no clear signal of a forthcoming spike in prices, but downward pressure was slowing making any potential spike more...

c3l3x

ADA has a new weekly candle today. Let's look at the week ahead for ADA based on the charts. In the past 24 hours, ADA dropped to 1.15. Yesterday, I forecast sideways movement with a possible drop to 1.11 or slightly below, but ADA did not drop that far. Instead, a broad rebound across cryptos pushed ADA back up towards 1.20. ADA, but could not reach the 1.20...

c3l3x

Quick note that after running up to 1.23 yesterday, ADA/USD has fallen 7% along with the broader market. After falling through 1.20, the 1.15 region has already been reached. The current pattern is similar to March 4, 2021. The difference is that the Bollinger Bands were wider then, so ADA is not likely to fall as far as it did then. A drop to 1.11 seems...

c3l3x Updated 

On March 29 I posted an idea analyzing the two week period of March 29-April 12 (link below). This is an update on the forecast and emerging signals. I will post another update in a couple of days and another when the new week starts. Summary : Next 1-3 days (April 1-4) ADA/USD likely continuing sideways in narrow channel around 1.20 +/- 0.05 Break below...

c3l3x Updated 

ADA/USD Price Forecast March 29 to April 12 With new candles across the board, including a new 1 and 2 week charts, we can now analyze indicators into mid-April. Unfortunately it does not look like ADA is ready to move up to new levels, but will present opportunities for scalping. First, I will summaries fundamentals and events that could override the TA...

c3l3x

Many of you have asked for my forecast of ADA/USD 's price at the end of this year. I have seen countless ideas here on Tradingview of ADA's price at the end of 2021. A few are realistic, but most seem overly optimistic with "to the moon!" predictions of $20, $60, or even $100. Here I will try to make a realistic prediction, and support it by explaining my...

c3l3x Updated 

Summary 1.20 is the new support level 1.30 possible, but without change in fundamentals, no sustained move to ATH likely in next 1 week. Possible buying opportunity at 1.15 region intraday Possible buying opportunity at 1.10 region March 29-31 1.00 unlikely unless 3D candle closes (in 2 days) below level 50 Analysis In the past day BTC options...

c3l3x Updated 

ADA/USD has shown more strength than forecast by pushing above 1.08 and flirting with the 1.11 fib, even spiking to 1.15 during the day before again falling to just under 1.11. However, this slightly upward movement is losing momentum. With new candles in the daily, 2d, 3D, and 4D we have a much clearer view of the rest of this calendar month of March. ...

c3l3x Updated 

As suggested in my previous idea, ADA/USDT has broken down from the 1.11 support level (and its descending triangle). Prices are now in a new region between 1.00 and 1.08. The 1.11 level has now become resistance and may be tested, but prices will likely stay in this new region for several days with a bias towards the downside. Short-term (intraday) Intraday...

c3l3x

As forecast in my previous idea, ADA/USD has dropped to the 1.11 fib and tested it several times with wicks as low as 1.06. For now support at 1.11 is holding, keeping prices sideways. But support is showing increasing weakness. This is not a confirmation yet, but a growing possibility that opens various trading opportunities. In the 3 Day chart, the white EMA...

c3l3x Updated 

When the 1.44 price target could not be held, we dropped to the PT0 price target area between 1.11 and 1.25. We currently are around the forecast price of 1.17. Short-term (intraday) - Continuing down, likely to 1.11 fib but mostly sideways Downward momentum continues to be in control, as seen in the 3H chart. Prices want to stay around the 1.20 region, but...

c3l3x Updated 

This last week's fever seems to have quickly faded. After a weak bounce off the 1.44 fib, ADA has come as low at 1.18 and settled around 1.25 on decreasing volume. The 1.25 range looks increasingly weak with just enough upward momentum for sideways price action at the moment. The 1 day chart is trending to have the green EMA indicator close below level 50, as...

c3l3x Updated 

Bullish sentiment with ADA/USD is at a fever pitch. Buoyed by broad upward momentum across crypto and exuberance from ADA news this week, the bulls are firmly in control and bearish forecasts are invalidated. This week's monster 40% jump from 1.00 paused around 1.20-1.25 before jumping to 1.43. Since then prices remain in the upper 1.30's trying to collect...

c3l3x

Coinbase Pro announcing its support for ADA reminded us that fundamentals and external events can trump technical analysis, so we must not believe too strongly in TA's forecasts and be sure to manage our risks. With Coinbase onboard, is ADA on its way to the moon? Not yet, according to the TA. With today's new daily/multi-day candles ADA/USD prices for the rest...

c3l3x Updated 

Although it was slow, we finally did reach 1.00 as forecast in my prior ideas. For the past couple of days we have forming a descending triangle and testing support at 1.00. The apex of the triangle is still a few days away (around March 20). Between now and then we should see lower highs (under the 1.11 fib) and more tests of 1.00. This period is a good...

c3l3x Updated 

The ADA glacier has finally moved after a frustrating week of sideways action in a narrow channel. 1.20 was broken, and now finally 1.11 fib has broken. So where now? 1.03 and 1.05 will provide a bit of support before we head further downward, which may slow action to lower prices. However, we have already seen a wick to 1.02, so 1.00 is on the doorstep. 1.00...