Cardano / Bitcoin
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ADA Cardano - I am super bullish

339
My argumentation:
  • Cardano has been sold off three times for more than 80% - Elliot Wave Theory --> ABC correction coming
  • Selling pressure seems to be gone since moving in that range, it doesn't seem as if anyone wants to sell it below these prices --> market makers will have to move in the other direction to benefit from the situation
  • The 200 ema in the Daily setup has been crossed and confirmed with two positive candles, (third today)
  • RSI came out of negative slope and was confirmed in the weekly.
  • Ichimoku nice close and room to minimum of cloud (not shown in chart)


Personally I went big time into this setup. Not financial advise!

Happy trading!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.