✴️ Cardano Is Looking Great Weekly | Aiming At 0.5626 (75%) Long

Description

⋅ Jan 12, 2023 3:29 PM

I don't need to remind anybody that Cardano is absolutely one of the top favorites within the crypto-industry, with a very active and vocal community.

The weekly, long-term, chart looks great.

ADA printed a perfect falling wedge but what is even better is the strong bullish breakout of this wedge.

Last's weeks candle was full green, literally, the upper wick and close are the same.
This week started with a strong move above EMA10.

The bulls are now in full control...

We can see 0.4444 hit easily but even higher is possible... 0.5626, that's our main target with a 75% potential.

Thank you for reading.

Namaste.

Comments

roscoed716

⋅ Jan 12, 2023 8:04 PM

Hidden bullish divergence, I went long with a tight stop loss then checked ideas to see if anyone else is thinking the same, appreciate the input 🙏
Everything depends on what big daddy BTC does I suppose...

AlanSantana

⋅ Jan 19, 2023 7:57 PM

@roscoed716, Good call. We continue bullish by the way.

saynab44

⋅ Jan 12, 2023 5:46 PM

One of the coins I had huge expectations, but sold a big chunk at 25 cents. it really hurts. do you think we will see a leg down before continuing to higher highs?

AlanSantana

⋅ Jan 12, 2023 10:04 PM

@saynab44, Right now it is set for straight up... But it varies and can vary on a daily basis.

peterbhc

⋅ Jan 12, 2023 3:46 PM

Alan great work, regarding your other post, I am also excited about the next few weeks to make some fantastic returns. But I would also like to have a better entry to deploy more capital. What a conundrum!

AlanSantana

⋅ Jan 12, 2023 3:47 PM

@peterbhc, Yes... But we have so much time to buy in November, December and early January... 😅