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Tolberti
Sep 10, 2021 3:52 AM

Cardano ADAUSD - Rounding Bottom! + Elliott Wave +1000% gains Long

Cardano / U. S. DollarKraken

Description

- Cardano is currently breaking out to new ALL TIME HIGHS!
- On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish .
- We will experience an acceleration to the upside in a few days!
- Profit target is 0.618 FIB extension, which is around 30 USD - 1000%.
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Comments
LA_Designer
What's your estimate timeframe on $20+? Seems a bit high for this bull run. I'd be shocked if it even hit $10 this year.
Tolberti
@LA_Designer, This will take months..
LA_Designer
@Tolberti, Once this bull run is over, all alts will see a massive correction (80% or more). I'm thinking this won't happen for another few years.
Tolberti
@LA_Designer, We will see..
ThumbSkin
@LA_Designer, it starts 5 months from now
sendit-
@LA_Designer, 17/11/21
LA_Designer
@sendit-, ha... very precise ;-)
DukeDinhd6
$12 max
TahaZargar
We have same idea!
Tolberti
@TahaZargar thank you for posting, interesting.
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