AlanSantana

✴️ ADA | Short-Term (Marketwide Massive Growth Next)

Long
AlanSantana Updated   
KRAKEN:ADAUSDT   Cardano / Tether USD
Short-term since we are focusing on the last few days only and not the timeframe.
The daily timeframe can be used for medium-term as well as long-term.

Notice the strong bullish consolidation happening the past week.
Cardano (ADAUSDT) produced a bullish breakout and instead of the classic retrace it started to consolidate upwards, challenging resistance bit by bit while gaining strength. This can lead to a sudden price jump.

Then notice the volume, highest volume in a while with the strongest RSI.
You can check the related ideas for the full trade signal.

Thanks a lot for your support.

➖ The strongest bullish wave of 2023 is upon us.
👉 Cardano, Bitcoin and the Cryptocurrency market as a whole is set for massive growth.

Namaste.
Comment:
If the market is set to experience a correction, all the major Altcoins start to retrace together with Bitcoin.

When the market is set to continue straight up, while some pairs will retrace a little bit others will continue growing with force.

Yesterday it was Solana that pierced through resistance to hit a new high. Today it is Cardano that is moving forward while Bitcoin continues to consolidate:
As long as this dynamic continues, we can expect additional growth all across in the weeks ahead.
Comment:
Cardano is moving straight up. It hit a new daily high today and also the highest price since July 2023, it can't get any better.

This signals that the entire Cryptocurrency market is also set to move forward.

Our first target is set at 0.384, you can find the full details here:
In the chart below you can find additional levels short-term.

It is likely we will experience a fast and sudden jump.

Namaste.

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