Cardano = Theranos 2.0 No Dapps! Empty Hopes and Promises
The Cardano scam will make Bitconnect look like choir boys. What has ADA ever done? I’m happy to short this vapourware Charles Hoskinson is the Elizabeth Holmes of Crypto
Just try going to the Cardano Reddit there's no talk of coding or dapps. All they talk about is price action lmao
The testnet also failed like hell
The Tech is Old as jurrasic park
and the CEO spends more time live streaming showing his cocktails rather than building
ZERO market revenue , No smart contracts
Technicals:
No matter how much I was waiting for big shorts at the 3 dollar retest the price just front ran my orders
Now we have to work with what we have - the fall is accelerating, the price wants to go down so badly to punish the hodlers. This is apparent with the increase of volumes.
From an Elliot Wave perspective It looks like a lead-in diagnoal for Wave (A), so we wait for the bounces to short, like literally all of them. The minimum target is 50 cents (79% Fibo/ 83 % retracement).
Just try going to the Cardano Reddit there's no talk of coding or dapps. All they talk about is price action lmao
The testnet also failed like hell
The Tech is Old as jurrasic park
and the CEO spends more time live streaming showing his cocktails rather than building
ZERO market revenue , No smart contracts
Technicals:
No matter how much I was waiting for big shorts at the 3 dollar retest the price just front ran my orders
Now we have to work with what we have - the fall is accelerating, the price wants to go down so badly to punish the hodlers. This is apparent with the increase of volumes.
From an Elliot Wave perspective It looks like a lead-in diagnoal for Wave (A), so we wait for the bounces to short, like literally all of them. The minimum target is 50 cents (79% Fibo/ 83 % retracement).
Comment:
The right shoulder for this reversal pattern is now forming
Would recommend looking for shorts to play the 3rd wave of this diagonal
Short scales orders in the 50% to 61% retracement of the dump and tight stop at the proposed wave of the diagonal . Cheers
The right shoulder for this reversal pattern is now forming
Would recommend looking for shorts to play the 3rd wave of this diagonal
Short scales orders in the 50% to 61% retracement of the dump and tight stop at the proposed wave of the diagonal . Cheers
Comment:
Everything is the same. Wave B has worked out on the previously projected targets. The short setup worked well. Now we wait for an exit downwards from this supposed head and shoulders model
Just look at the similarities of these fractals
50-55 cents is programmed
Time for F*ck Cardano