WyckoffMode
Long

$0.75 Potential Local High With Dip to $0.55 Then Back Up Again!

BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)
Those price points are ESTIMATES - in regard to the anticipated dip I see potentially beginning on February 14th or 15th. I'm still seeing our high by mid April around $0.115 to $0.15 before consolidating. If you are thinking about implementing a margin short position on a potential upcoming dip, PLEASE make it a small bet with very low leverage. Market Makers COULD decide to take this up exponentially. So, PLEASE be careful and have a stop loss in place if you do take a margin short position for a brief time. I'm of the opinion you should avoid a short position and just take this current ride up with less risk. I don't have the time to stick around constantly at present to watch the market to provide a signal when we are going back up. I "might" be near my computer when that occurs... I may not... I might be working on my new office or taxes at the time. BY THE WAY, This is labeled a LONG position for this LONG TERM TA. Yes, we may have a dip coming up very soon but I labeled this long to EMPHASIZE we will continue in a bull trend after a potential dip coming up.

Hope what I have provided is helpful. Please take a moment to click "Like" icon. Certainly appreciate it.

Happy Trading and Stay Awesome!

David
Feb 13
Comment: I MEANT to say, "$0.075 Potential Local High With Dip to $0.055..." in the title. In other words, "7.5 cents local high with dip potentially down to 5.5 cents.
Feb 13
Comment: 4-Day TF with indicators:

Comments

@WyckoffMode , really good stuff, thank you very much
+1 Reply
@rlh2,

Thank you!

You're very welcome!
Reply
Thanks for the update sir, much appreciated.
+1 Reply
WyckoffMode kemarhill8
@kemarhill8,

You're very welcome.

; )
Reply
great stuff again! many thanks, will be interested to see how it plays out.
+1 Reply
WyckoffMode GarethChild
@GarethChild,

Thanks, GC...

Yes, looking forward to seeing this play out as well.
Reply
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