We were ready and kinda expecting that right? Nothing to fear or be worried about up to this point, I mean I did only count 4 waves so Im looking for the wave 5 (fake out wave) nonetheless, Cardano is HEALTHY . Cheers guys to the future. UP TO THIS POINT NOTHING IS OUT OF THE ORDINARY. LETS SEE MOVING FORWARD.
First off, let me say I am NOT trading into this due to the academic possibility of two outcomes. WHICH NEITHER, include a continuation of the down trend of the last 10 months (again academically proven to have ended). Scenario 1. We have a failed wave C about a week ago, which you would have to dig really deep to find the studies behind as well as it being very...
Not sure if we have seen wave 4
There is a definite cross road coming up, I plan to treat this as if the ship has it rockets already going with a stop loss that will avoid a false breakout to the downside before going up like crazy in comparison to the last week. Man its been slow, drive you nuts kinda of slow, however progress has continued and will pick up pace. Think of it as 10 speed bike...
Impeding possibility of retest of downward trend line, if we settle above it recovery in progress.
All my indicators pointing to same, scroll up for levels
Okay guys I've been spending countless hours looking at various indicators at several time frames, and well as reading a lot of theory. The bears have seemed weak for a number of reasons, but worse case would be is that they are saving their energy for the next price correction and try to out sell our buyers when most don't expect it. I have simplified a chart...
Time line is the only UNCERTAIN in this "guess". FOMO is an unpridictable beast, but need to be on record now in order to look back on.
Looks Familiar? Just a "heads up", or Down rather!
This was in the beginnings, we now have 30% two hour volume than then. BOTH TOOK EXCTLY 10 DAYS TO FORM THIS FORMATION
Step back and tell me if Im seeing this right, IS THAT AN ACENDING TRIANGLE? An ascending triangle is generally considered to be a continuation pattern, meaning that it is usually found amid a period of consolidation within an uptrend, but it may also occur as a reversal pattern following a prolonged downtrend. Once the breakout occurs, traders tend to...
Expect Cardano to make its Wave four, However you will more than likely need to scale out to see where wave 5 is expected. My money is on it topping .11, however Im staring at it and watching. Don't be fooled by a fake out to the down side, if it goes down it will be in multiple steps so don't panic. Im Thinking less than 10% chance we go down. Market has a funny...
Massive move up, don't get caught out of the price action