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Crypto-Quantum-Fox
Nov 28, 2022 10:45 PM

ADA - cardano update ; an alternate bottom theory 

Cardano / US DollarBinance

Description

ADA - cardano update ; an alternate bottom theory

Yellow fractal is the same as the other one but stretched out. The momentum signature fits quite well. Zoom out on the chart to see the momentum similarities.
Would mean the bottom is very close and quite soon. Double tap then up only.

That bigger drop option, the momentum doesn't feel right.

note the chart i did back in december i think it was; attached.


macro is pretty darn bad still, everything is still melting, inflation still high, dxy looks like it wants to pump again, at least double top imo, soooo not sure how a bottom could be close. but maybe huh, the financial world is a big irrational casino right now. anything could happen.

going to keep a close eye on this. imo ada is the perfect 'market signaler'.

Comment

ey its looking like i didnt squash up this fractal enough. think its ready to go. already did that double bottom structure.

Comment

hmmm could pop right here

Comment

will it hold here.. looks fuckin bad lol

Comment

nope. down we go.
Comments
couldntcomeupwithone
2 cents
couldntcomeupwithone
It's dead
couldntcomeupwithone
rekt. cardano for losers. going to $0.01.
couldntcomeupwithone
What's your target? Which of the fractals would be in play? Around $0,51?
Crypto-Quantum-Fox
@couldntcomeupwithone, if it doesnt bounce here hard then we know which fractal is prob in play macro wise
FFFoxbat
where my money?
Crypto-Quantum-Fox
@Foxbat1986, you blew it on jpegs of weird animals,,,then Sam took the rest... oh no wait, thats me
couldntcomeupwithone
@Crypto-Quantum-Fox, cardano collapsing extremely fast right now!
Crypto-Quantum-Fox
@couldntcomeupwithone, yup looks shit lol
somberEnthusia32643
both pretty valid nice
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