Xanrox

ADA - Buy now for 2000% profit, forget about BTC

Long
Xanrox Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
Technical analysis

The price of ADA is still very low compared to BTC. While BTC is almost at the previous all-time high from 2022, Cardano is below 0.236 FIB. Whales never pump all coins together, they need to pump it individually to make as much money as possible. ADA is still one of the coin that is waiting for an explosive move, that's why I suggest you to buy ADA as soon as possible. From a technical perspective ADA formed a bullish flag pattern on the weekly chart and this pattern will be confirmed very soon. To confirm it we need to break above the previous swing high of 0.68. My Elliott Wave count suggests that we have a strong bullish nest (1),(1),-1-,-2- and wave (3)-3- is starting! This is a dream of every Elliott Wave trader.
We can see that the price broke out of the long lasting accumulation phase on the weekly chart and already made a pullback to the edge of it. The retest was successful and we can start a strong pump! On the chart you can see my profit targets. PT1, PT2 and PT3. Depends on how long you want to hold ADA. You can also long ADA on the futures market with leverage!
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.

Cardano news

4.6 Million Strong: Cardano Network Sees Massive Growth In New Wallets - Cardano (ADA) is making waves in the cryptocurrency market as on-chain data reveals a surge in wallet creation, signaling a growing adoption of the blockchain network.

Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.

The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Comment:
Cardano is up 12% since yesterday. Keep hoilding! The pump is just starting.
Comment:
I am really glad you like my ideas on altcoins! Most of them are skyrocketing and ADA will be the next one.
Comment:
Cardano is up 21% since I posted this analysis.

ADA can start a parabolic exponential move.
Comment:
Weekends are usually boring, but we should continue in the strong uptrend on monday!
Comment:
ADA up +25%. One of your last chances to buy ADA for a cheap price!
Comment:
Unfortunately ADA failed to make a parabolic trend. Now we can see there is a lot of liquidity below the previous swing lows, which is also not the best sign.


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