BearManalow

Cardano and why its still a Bull Market

Alış
BearManalow Güncellendi   
KRAKEN:ADAUSD   Cardano
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!

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pooltool.io/

Track the amount of Cardano Staked
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STILL HOLDING....
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Yearly support on the weekly, oversold, buy territory. Still holding...
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$5 - $9 ADA incoming...
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Load up your ADA bags.
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chart still valid, load em up...
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MAJOR BUY OPP COMING
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total 2 holds 50% retracement, it'll retry the 88.6% after printing three tertiary lows. ADA will follow suit.
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HERE COME THE BULLS!
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BULL RUN 2022
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the bears have won for sure. I am looking for the market to find a bottom in this range.
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ada targets now that the daily breakdown target was reached from the post back in February
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.