Cardano is correcting same time as BTC finally looks like it has broken out.
Iv sold all my Cardano as marked by the yellow line and waiting until 5,000 Satoshi's before I re-buy
ADA has been experiencing extreme bullishness in the past 2 months.
And I do not think it is done yet...
I think we are about to move into a Wave 5 Elliott's Cycle which will put us between 10,000 - 15,000 satoshis.
The rectangle at Wave 5 indicates TO ME that there was sustained growth over a longer period of time and high confidence in the coin at that...
ADA/BTC
WAIT FOR ADA DOWN AROUND 7400 - 7600
YOU can buy back it
If ada don't crash 6500 .
ADA will have new target :
1.8800
2.9800
3.11000
Time : 2- 10 days
Thanks
ADA has been storming ahead recently and has reached #5 in the total market cap rankings. It’s now retracing. Buy zone is marked in green and potential targets marked in red.
It previously found support on a previous major resistance trend line, made an impulse up to a high of 9000 sats and has now retraced 78.6% of the last move. It’s found support for now on...
So the huge growth of one of the most promising currencies of this year has come to an end, we will now go through a rollback in the form of wave 2, after which we will begin a very impulse movement as wave 3 of the highest wave level.
We will follow the movement, sign.
Blue dotted line - support line
Inverse Cup and Handle pattern - another smaller inverse cup and handle is forming in process, giving buyers a false sense of breakout before it pulls back again to hit below the support line. Also, notice the MACD is going to cross over, if it does, then short term, it would goes up.
Let's see if it turns out the way as per my chart.
Just as anticipated, the price of Cardano ADABTC has hit the 261% Fibo extension at the level of 0.00009234. This level might be the top for the wave (3) and if this level is the top for this wave, then the corrective cycle in wave (4) should retrace min. 38%, so the next target would be at the level of 0.00006641.
Please notice the wave labeled as (3) might keep...
Cardano was released recently and it’s looking like “the next big thing”.
Since it’s lift-off it enjoyed a Bullish run and now in a Consolidation which in this case would translate as a possibility to get reinforcements before a Rally would commence.
Wave Count presented below suggests that Cardano could triple in value over a short amount of time.
BUY...
ADA is in its retracement wave (2th wave). It is possible that it will bounce on the vertical trend line. We can excpect upwards movement after that and maybe a new all time high.
New Giant In Crypto Revolution.
Today one of happy day to Me and My team, Congratulation to All Cardano holder.
What happens to Cardano?
Market cap: 31million (Top 5) today
price already break out Fibonacci 261.80% today.
officially this is wave 3 (minor) in making.
the highest price will go clearly to run 423.60 Fibonacci. but this is too high for ...
