FerdiHodler

ADA CARDANO THE COMEBACK OF THE HARMONIC PATTERNS

FerdiHodler Updated   
BINANCE:ADAUSD   Cardano
Harmonics pattern woke up my bullish feeling and together with the study of the relationship between alts and bitcoin markets allowed me to take the right decisions at the right time.

Market manipulation is clear and this is done to optimize the gains of the big stakes.

Harmonics pattern is for me a sign that interest in investing in crypto is coming back (...or maybe is just a trap to attract buyers)

I'm not used to trade ADA, but i look confirmation or search ideas for my targets looking at different coins.

Here another example of harmonic patterns.

after concluding a bullish AB=CD there is now a possible bearish bat under formation.

The bearish bat will give the entry for a possible short. The short could bring ADA everywhere under 0.22, with a first TP around 0.16.

a break out from the right side of the triangle formation will bring ADA approximatively at short entry.

If the bat open to a short, the lenght of the short will give us an important information about the next steps. If bears are unable to push ADA under 0.16, bulls will take the control again and push ADA and the whole market high again (for head and shoulders histerics, concluding a head and shoulder pattern)

If another bullish cycle will beginn so early… it can just be very strong.

BIO
Comment:
There was also a bearish butterfly on play. Seems to hold the actuall level. The original target is for me unchanged
Comment:
BUYYYYY
Comment:
It looked ready to go but it was not the case.
If it don’t stay inside the channel i will keep hodling. we will see a rejection from the blue area.
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Comment:
This is the level that cardano have to hold.

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