Cardano – ADA/ETH – Bullish 5th Wave
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 Position:
Entry – 0.00056300
SL – 0.00037000
Targets – 0.00095000 / 0.00119000 / 0.00157500
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 Position:
Entry – 0.00056300
SL – 0.00037000
Targets – 0.00095000 / 0.00119000 / 0.00157500
Nota
Wave Count Update:* if a move down occurs in 5 swings sequence it should be treated as Minuette (c) (red) and I will be looking for a BUY set-up
Trade ativo
Retracement finalized, Cardano could start a Rally which could make it triple in value.Nota
Bullish Extension in progress:Nota
Minuette (iv) complete, Bullish Extension in Minuette (v) in progress.Nota
1st and 2nd Targets reached! 3rd Target in play and in the green.Cardano is showing a Bearish Divergence which is awaiting its turn and another final swing on the upside so that Minor 1 would complete its cycle.
Sharp Correction in focus as per Minor 2.
Nota
Correction in Minor 2 unfolded.ADA/ETH retraced 50% of the entire Minor 1's cycle.
Possible Bullish turn.
Nota
ADA/ETH providing a Bullish set-up which could reach 0.0040 in a Rally!Time to buy ADA/ETH .. again :)
Entry @ 0.00036
SL @ 0.00015
Targets - 0.00075 / 0.00115 / 0.00155 / 0.00215 / 0.00275 / 0.0035 / 0.0040
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.