✴️ Cardano Updated | The Lower It Goes, The Faster It Grows!
Updated
Now that things are starting to look better we can finally zoom out.
The naysayers will be the first to say "Hey, too soon no signals"... And that's ok, we understand.
- We look for bullish developments as bullish signals, which is normal.
- We look for confirmation to confirm that something is already happening...
But we use these charts to predict ahead of time when a reversal will come.
This is the inverse method...
- Hitting support which is bearish can be used as a reversal signal.
- Breaking below a strong support can also be another bullish signal.
- An over-extended bearish wave can also be a bullish signal.
- An RSI that is extremely weak is also a bullish signal, in fact, what we call "oversold" on the RSI is actually defined as "weak" on the indicator.
Cardano (ADAUSDT) went on and on hitting new lows.
- The Ethereum Merge didn't hit a new low.
- Binance Coin didn't hit a new low recently.
- Polygon didn't hit a new low and that's your bullish signal.
As Cardano decided to go lower and lower, the lower it goes the higher the probabilities of sudden change.
Notice the trading volume goes lower and lower... The bears continue to lose strength.
Now, we have 4 consecutive daily candles closing GREEN after a new low.
ADAUSDT moves above EMA10.
We have a very strong bullish divergence on the RSI since October and divergences show up before things start to change.
Get ready!!!
Our beloved Cardano will reward those who patiently wait.
Thank you for reading.
Remember to boost and comment! 🚀🤗😄👍
Namaste.
The naysayers will be the first to say "Hey, too soon no signals"... And that's ok, we understand.
- We look for bullish developments as bullish signals, which is normal.
- We look for confirmation to confirm that something is already happening...
But we use these charts to predict ahead of time when a reversal will come.
This is the inverse method...
- Hitting support which is bearish can be used as a reversal signal.
- Breaking below a strong support can also be another bullish signal.
- An over-extended bearish wave can also be a bullish signal.
- An RSI that is extremely weak is also a bullish signal, in fact, what we call "oversold" on the RSI is actually defined as "weak" on the indicator.
Cardano (ADAUSDT) went on and on hitting new lows.
- The Ethereum Merge didn't hit a new low.
- Binance Coin didn't hit a new low recently.
- Polygon didn't hit a new low and that's your bullish signal.
As Cardano decided to go lower and lower, the lower it goes the higher the probabilities of sudden change.
Notice the trading volume goes lower and lower... The bears continue to lose strength.
Now, we have 4 consecutive daily candles closing GREEN after a new low.
ADAUSDT moves above EMA10.
We have a very strong bullish divergence on the RSI since October and divergences show up before things start to change.
Get ready!!!
Our beloved Cardano will reward those who patiently wait.
Thank you for reading.
Remember to boost and comment! 🚀🤗😄👍
Namaste.
Note
LONG ADAUSDTLeverage: 8X
Buy-in: $0.2485 - $0.2630
Targets:
1) $0.2950 |Hit 8-Jan. (+127.6%)
2) $0.3220 |Hit 9-Jan. (+212.5%)
*) $0.3465 |Hit 9-Jan. (+289.6%)
3) $0.3520 |Next target...
4) $0.3750
*= Peak price hit.
Note
Targets: 1) $0.2950 |Hit 8-Jan. (+127.6%)
2) $0.3220 |Hit 9-Jan. (+212.5%)
3) $0.3520 |Hit 13-Jan. (+304%)
4) $0.3750 |Next target...
Trade closed: target reached
Targets: 1) $0.2950 |Hit 8-Jan. (+127.6%)
2) $0.3220 |Hit 9-Jan. (+212.5%)
3) $0.3520 |Hit 13-Jan. (+304%)
4) $0.3750 |Hit 21-Jan. (+379%)
Very likely to continue growing much higher.
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