taha.neetbux

taha.neetbux

ADA doesn't seem to be able to catch a break. Great fundamentals, yet still in early development so the market is simply uninterested. Currently we're sitting at a critical fibonacci level but aren't really seeing any serious bounces off it. Cardano did not respect the 61.8 level either. So the next stop for ADA must be the next support down. Thanks to the...

taha.neetbux Updated 

To follow up on the previous bullish scenario, this seems like the possible bearish scenario for ADA. I find this to make more sense than the bullish elliot wave sequence I published earlier, as in that previous one (see linked idea) it is difficult to draw impulse wave C of corrective wave 2 without overlapping wave 4 with wave 1 inside of C. This could mean...

taha.neetbux

If we are indeed seeing the end of the correction of cardano at the 61.8 level, then this surely means we're set up for a wave 3 upwards. That means we can now start a 5 wave count up - we've already seen 2 waves, one up and then the 2nd retracing to the 61.8 of the first. This is not a bad time to buy, and see a 30-60% profit over atleast a week (note that ADA...

taha.neetbux

We have a clear and simple indication here that we could possibly be seeing the end of the correction on ADA-BTC. 61.8 of the first wave up hit by the 2nd wave down and respected, coming weeks/months might be bullish. Cardano is a solid coin with strong fundamentals, so I am hopeful for the future.