TradingView
AlanSantana
Feb 18, 2024 9:51 PM

✳️ Cardano LongTerm: Will The Same Pattern Repeat? (707%-1,161%) Long

Cardano / BitcoinBinance

Description

➖ The last bullish cycle lasted 756 days from bottom to top.
Total growth = 1,483%

The bull-run phase within this cycle lasted 245 days.

➖ The last bearish cycle lasted 784 days from top to bottom.

If the next bullish cycle were to last 756 days, similar to the 2019-2021 cycle; ADABTC would be moving bullish until mid November 2025 (17-Nov '25). This is if the same time pattern repeats.

Ok, I admit it, this is entertaining.
Speculating about massive bullish action.

Here is the linear chart:

(The main chart is using the logarithmic scale)

Will Cardano produce a 700% or 1,161% wave on its next bullish phase?
I don't know. What I know is that after a bear market comes a bull market and the bear market is over and done.

Prepare for sustained, long-term growth.
It all starts this year, 2024.

Namaste.
Comments
ParabolicP
Dude goes from mega bear to bull in a heartbeat
fastprofittrader
Excellent analysis, thanks
MyCryptoParadise_Nathan
It will be exciting to see how Cardano performs in the coming months and years!
More