dependable412

dependable412

As we can see the one day chart has shown a head and shoulders inverted formation that is only going to lead downward.... Ichimoko cloud is showing heavy selling pressure all around. This is not financial advice, these are ideas, please do your own research before entering any trade.

dependable412 Updated 

We have what seems to be another bear flag in the making... Indicated by blue flags on chart. That drop should give us an idea about how far bitty will drop, this time, before leveling out or executing a full reversal. I estimate we will see the lower $16,000, specifically 16,300. This is just my estimation and thinking based on prior chart analysis. As always,...

dependable412

Upside down cup and handle on the one day. Indicates that a bearish trend should continue. Please do your own research this is not financial advice!

dependable412

What we have here is a double top M formation. This indicates a bearish reversal! If you think about it and upside down m is a w and that indicates a bullish 📈. Definitely waiting for the bottom before putting any real money into this mess! My best guess is anywhere from at least 16,500 to 8,250 before we see any relief 😮‍💨. Not trading advice! always do your own...

dependable412

Bear Flag posted on the one day. Decrease in volume! Needs to break the volume trend and order to buy IMO. SET STOP LOSSES TIGHT. Good luck always do your own research before entering any trade!

dependable412

Decrease in daily volume on the one day over the last 2 weeks, Bear Flag posted on the one day....indicate at least in the short term ...another setback for Cardano! Set your stop losses right. This is not financial advice always do your own research before answering any trade!

dependable412

As you can see there is a clear W patient on the 1D. This one's not done yet.... It's been consolidating nicely up until recently as far as volume goes. I think we can get one more pump out of this one! This is not trading advice this is my interpretation of the chart please do your own research before entering any trade!

dependable412

Looks like we have another bull flag formation on the one day...... Just following this one for now... Is not trading advice please do your own research before entering any trade.

dependable412

You got to clear upward trend then followed by the classic descending bull flag! We're looking to break .436 today and looking to break .43 tomorrow. Any close at this range should indicate rocket time🚀❗

dependable412

I Would say any close above 158 is rocket 🚀 time. Not trading advice always do your own research before entering any trade.

dependable412

As you can see we have an upright trajectory of price on the one day time frame, followed by a bullish flag formation. This is obviously not trading advice please do your own research before entering any trade!

dependable412

I isolated the last flag pattern and saw a break to the lower end of my triangle indicating a regression. Now looking for a bottom in this new channel and hope to see a large bounce upward! LMK what you think..... This is obviously not trading advice. Please do your own research before entering any trade!