Hi fellow traders, Don't be fooled with the sudden break we have now, ADA and so Bitcoin are going into that phase of correction. For ADA, we are forming a descending wedge that eventually will lead us down to 1.10- 1.05 support area. The last gap will be filled! Follow the green arrow, it will be adjusted a we go through the process, we should expect to reach the 1.24 before we retreat again to the level of 1.14 and eventually 1.09ish. Please trade at your own risk
Yorum
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This is for Bitcoin BTC, that may affect very much most coins as well. I will study more the ADA chart and I'll update you shortly.
Great insight - It is doing exactly as you mentioned. Best analysis of Cardano
pluckyHunter3666
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Yes great where was this chart a 2 weeks ago when we where all fooled by over bullish quotes and hyped up comments and guys like me have lost thousands in other opotunitys with other Altcoins that have doubled and trippled in price.
I think all the hype is made in advance from traders and You tubers to prepare a swap after a coin like Theta has peaked .Like catching fish in a net and pouncing when time is right like a orgonised attach on vunrable investors.
Thanks for your input but who realy knows your intentions for such a bearish quote.
PatrickHob
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@pluckyHunter3666, I have no other intentions but help and direct some investors to the right way to make money. I feel sorry for you that you're feeling that way. Please understand in trading, patience is one of the key for success in making money. Stock doesn't always goes up and not always goes down...it's a balance between supplies and demand. As for Theta, I want to give you a piece of advise if you accepted, yes it went up to $10, but you think is staying there or up or down. I'm most certain that it will go back to $3 range with time. So just be careful where you put your money and be patience's. The hype about ADA it was legitimate from many investors but like I said patient is the key, when stock goes up fast, will goes down fast after. I would rather makes my money on a solid ground and over a time period. We all like to be rich yesterday, but not always successful for many.