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WyckoffMode
Jul 7, 2020 11:23 PM

We May See $0.16 Before End of July. If So, $0.25 to $0.42 Next Long

Cardano / US DollarBinance

Description

I can actually see $0.25 very easily by end of August but we actually have a decent chance of seeing $0.42 by end of August. Each time you see a period of potential downward pressure in the indicators, do not assume we must have a decent pullback. Especially, if this is going parabolic...

Comment

If you are considering selling high and buying low on POTENTIAL dips, I recommend doing so with a small amount of your Cardano Bag. You should have a decent amount of your bag off exchange anyway. My opinion of course... REPEAT: Do not assume we must have a decent pullback every time you see potential for downward pressure in the 6h and 12h. Especially, if this is going parabolic.

Comment

UPDATE: I have been using ADAUSD (Converted into USD by TradingView) for all of my TA for Cardano/US dollar Binance. I will now begin using ADAUSDT Binance. You will see now my 1.618 FIB Extension is a little different. Even my large pitchfork was a bit different.

$0.15665 to as high as $0.19455 by the end of July at a minimum.

Comment

UPDATE:

As most of you know, I currently don't have the time to keep tabs on Cardano, Bitcoin, Ethereum, and ChainLink the way I will in the near future every 3 to 6 hours.

It currently looks like a CHANCE for us to come down to a price range of $0.10665 to $0.09907 before resuming our upward pressure. I'm NOT saying we "will" go down to that price range. I'm simply saying it's currently looking likely.

In order to avoid missing dips like this, one has to be willing to take managed risks while monitoring the 2h, 3h, 4h, 6h and 12h time frames with the TIME and willingness to take those managed risks with a percentage of your holdings in attempts to accumulate more coins. Unfortunately, I did not have the time to take advantage of this dip myself. I look forward to when I do have the time in the near future.

Comments
nscott32
Great time for Cardano, watching the price moving up with as the smile on my face :)
WyckoffMode
ZenChill
You've done an outstanding job covering Cardano. Best coverage on TV. Very well done!
WyckoffMode
@ZenChill,

Thanks, ZC!

Very kind of you to say!

Stay Awesome, Mate!

; )
HumblerTrader
Roger that @WyckoffMode smiles here too they deserve it - did you hear Charles pointing out in his latest AMA that he would like to see a trading/ market analysis centric media channel for ADA ( along with some other categories) and for them to be funded by the cardano blockchain as a service to the community ; ) he just doesn't know there is already one here lol

stay awesome mate !
WyckoffMode
@HumblerTrader,

No, I didn't realize that... Interesting...
HumblerTrader
rlxrlx
oh love the tips thank you
WyckoffMode
@rlxrlx,

You're very welcome!

Stay Awesome!
BeeWolf
Dear David,

Thanks for providing updates.
Your indicators were and are very helpful and fortunately I took the advantages of this dip because of your indicators man. Also, I entered to this market on 0.05 and 0.07 with a great amount 😉 once again by your timely call.

You ar Awesome...!
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