- 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"!
1.9 T market cap is only about 6.9% of just the market share of the New York Stock exchange, besides why does everyone place so much faith in market cap. The biggest crypto exchange in Australia isnt even registered on any market cap web site and is not included, so why is everyone utilising market cap to base their analysis from that has missing data, sounds like the oldest trick in the book to me, Manipulate data. Also its Oz that is leading Cardanos price, she hit a new all time high a good 12 hrs before Binance recognized Cardano breaking a new ATH
Tolberti
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@sendit- Thanks for your very interesting comment.
Not discussing the entire market cap issue, just wondering if the people who bought at 2 cents just a couple of months ago will let it go to 30$.... they will all be millionaires even if ada "only" hits 5$ right? And my guess is that 90% of the retail buyers would be quite happy becoming a millionaire... any thoughts on this?
Tolberti
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@ShotGunJoe83, It is hard to say how many hodlers still holding ADA from 2 cents.