Seen some clowns posting about a daily death cross trying to lead everyone to the poor house with them.
Cardano is NOT in a Bear Market, it is called a markdown phase after an extended rally, in this case, a 10,000% rally, so please explain how that is bearish?
In terms of Elliot Wave, the 4th wave is usually longggg and slowww, if you zoom out to the weekly you can see a reverse symmetrical triangle forming within the 4th wave
RSI is in the Oversold zone and support has been held.
Q) How to play?
A) This is either Leg D or E, if it's the first, then we have a few trades left to make. If it's the latter, then I will be looking for a strong breakout with no backtest.
DYOR
Comments Welcome!
Cardano is NOT in a Bear Market, it is called a markdown phase after an extended rally, in this case, a 10,000% rally, so please explain how that is bearish?
In terms of Elliot Wave, the 4th wave is usually longggg and slowww, if you zoom out to the weekly you can see a reverse symmetrical triangle forming within the 4th wave
RSI is in the Oversold zone and support has been held.
Q) How to play?
A) This is either Leg D or E, if it's the first, then we have a few trades left to make. If it's the latter, then I will be looking for a strong breakout with no backtest.
DYOR
Comments Welcome!
Catatan
pooltool.io/Track the amount of Cardano Staked
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.