#Cardano $ADAUSD rise to $0.12ish then dump and then rise ATH
I think $ADAUSD (Cardano) might make the following moves
* Move up towards 0.12ish (1.414 fib). It is also the top end of the flat Kumo cloud. Flat kumo clouds are strong s/r. So I expect it will retrace as soon as It hits the $0.12. I am hoping to see a leledec exhausion to give confirmation at that place
* Then it retraces to the $0.058ish region from where this price rise started. We can do another Technical analysis when the time comes.
* By that time, I am hoping price goes below the lines (not shown here - we can do ta when time comes). so much so that price goes and makes ATH
So
* Right now I expect a price rise to $0.12ish
* Then dump to $0.058ish
* Then rise and make ATH
Remember this is alt coin. Hence, money invested should be small (I am putting only one dinner uber eats cost for me). If all three comes out ok (might take some time to materialize) , then that will end up a good profit.
* Move up towards 0.12ish (1.414 fib). It is also the top end of the flat Kumo cloud. Flat kumo clouds are strong s/r. So I expect it will retrace as soon as It hits the $0.12. I am hoping to see a leledec exhausion to give confirmation at that place
* Then it retraces to the $0.058ish region from where this price rise started. We can do another Technical analysis when the time comes.
* By that time, I am hoping price goes below the lines (not shown here - we can do ta when time comes). so much so that price goes and makes ATH
So
* Right now I expect a price rise to $0.12ish
* Then dump to $0.058ish
* Then rise and make ATH
Remember this is alt coin. Hence, money invested should be small (I am putting only one dinner uber eats cost for me). If all three comes out ok (might take some time to materialize) , then that will end up a good profit.
Trade closed: target reached
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