Seen some clowns posting about a daily death cross trying to lead everyone to the poor house with them.
Cardano is NOT in a Bear Market, it is called a markdown phase after an extended rally, in this case, a 10,000% rally, so please explain how that is bearish?
In terms of Elliot Wave, the 4th wave is usually longggg and slowww, if you zoom out to the weekly you can see a reverse symmetrical triangle forming within the 4th wave
RSI is in the Oversold zone and support has been held.
Q) How to play?
A) This is either Leg D or E, if it's the first, then we have a few trades left to make. If it's the latter, then I will be looking for a strong breakout with no backtest.
DYOR
Comments Welcome!
Cardano is NOT in a Bear Market, it is called a markdown phase after an extended rally, in this case, a 10,000% rally, so please explain how that is bearish?
In terms of Elliot Wave, the 4th wave is usually longggg and slowww, if you zoom out to the weekly you can see a reverse symmetrical triangle forming within the 4th wave
RSI is in the Oversold zone and support has been held.
Q) How to play?
A) This is either Leg D or E, if it's the first, then we have a few trades left to make. If it's the latter, then I will be looking for a strong breakout with no backtest.
DYOR
Comments Welcome!
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pooltool.io/Track the amount of Cardano Staked
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STILL HOLDING....Note
Yearly support on the weekly, oversold, buy territory. Still holding...
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$5 - $9 ADA incoming...Note
Load up your ADA bags.Note
chart still valid, load em up...Note
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MAJOR BUY OPP COMINGNote
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total 2 holds 50% retracement, it'll retry the 88.6% after printing three tertiary lows. ADA will follow suit.Note
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HERE COME THE BULLS!Note
BULL RUN 2022Note
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the bears have won for sure. I am looking for the market to find a bottom in this range.Note
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ada targets now that the daily breakdown target was reached from the post back in February
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.