May Come Down to $0.10665 to $0.09907 Price Range Before We...
...Resume Our Upward Pressure Once Again.
Hi Everyone,
As most of you know, I currently do not 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 45m, 90m, 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. I will follow up with another video shortly to show how you would have considered taking that "managed risk."
Hi Everyone,
As most of you know, I currently do not 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 45m, 90m, 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. I will follow up with another video shortly to show how you would have considered taking that "managed risk."
Comment:
Comment:
UPDATE:
We might give $0.10356 to $0.10610 another go again. We did not quite reach it the last push down. It's possible we might hit it this go around.
We might give $0.10356 to $0.10610 another go again. We did not quite reach it the last push down. It's possible we might hit it this go around.
Comment:
UPDATE:
We are still experiencing downward pressure. However, this does NOT mean the price action must come down significantly during this period of downward pressure.
If we were to come down decently, I would think the price range target for it coming down would be between $0.0925 and $0.10356. Does this mean it must come down to that price range? NO... Cause Cardano has a LOT going for it FUNDAMENTALLY. The "fundamentals" may keep the price propped up during this period of downward pressure.
Pardon all the diagonal lines on the chart with my FIB levels. I personally use "diagonal" lines just as much as I do Fibonacci and to help me determine what FIB level we may hit as the price goes up or down during periods of upward or downward pressure.
We are still experiencing downward pressure. However, this does NOT mean the price action must come down significantly during this period of downward pressure.
If we were to come down decently, I would think the price range target for it coming down would be between $0.0925 and $0.10356. Does this mean it must come down to that price range? NO... Cause Cardano has a LOT going for it FUNDAMENTALLY. The "fundamentals" may keep the price propped up during this period of downward pressure.
Pardon all the diagonal lines on the chart with my FIB levels. I personally use "diagonal" lines just as much as I do Fibonacci and to help me determine what FIB level we may hit as the price goes up or down during periods of upward or downward pressure.