Cardano
Short
Updated

ADA will crash 90%+ and provide a GREAT entry

6 092
ADA looks to be topping out here along with Bitcoin. In tandem with Bitcoin retracing back to at least 20K, ADA could lose 90%+ from the top and provide an excellent entry. Of course ADA could have a final surge, but it looks fragile and topping in similar manner to Bitcoin. Target for entry is currently around $0.12.
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A sea of bullish ADA threads on TV. No-one is looking down.
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ADA could potentially be setting up a first impulse to the downside with wave 1 and 2 already complete. Targeting log based 1.618 fib which would be a wave 3 at around $0.6.

This is not a call to short. I do not recommend to short ADA. If price moves above $1.55 the setup is invalidated.

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Impulse invalidated. As I said it could have a last surge and it is. I would imagine it can go far right here but its not for me. Price will be down from time of call in the not too distant future. Good luck to longs, don't forget to cash out.
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ADA may have had a last surge, but it won't escape the bear market. It is about to get CRUSHED.
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First target hit and I think my final target gets hit also. As I said a year ago - CRUSHED. Its different this time 😄.
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On target 😼.
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On target.
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On target.
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Do note that there is no way to organise in TradingView and so many threads from long ago do not get updated.

Thats just how it goes; I obviously dont have time to sift through them.

This call was made in April 2021 when ADA was $1.32 and I said it would get to $0.1 but it bottomed at $0.2

Its not perfect but i'd say thats a pretty good call.

I only came back because there is someone upset in the comments from long ago.
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Here's my perfect TradingView deep call for a coin that has been in a very similar position to ADA; VET -
VET - Prime Buy Position


I dont post all of my calls on TradingView these days.
Trade active
Cardano now very close to my DEEP $0.12 target from 2021.

I'm a bit early here according to the crypto calendar, so there may still be some work to do.

But I picked some up here at $0.19, an 86% discount from the price when I made this thread.

GL to all.

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Some funny comments on this page. I quite miss the good old crypto days. Perhaps they will make a return.

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