Cardano (ADAUSDT) hit a low 10-June, followed by growth.
From 10-June through 9-December it grew by a nice 194%.
👉 After strong growth comes a correction or in the least, a retrace.
Looking at the weekly timeframe, Cardano closed 8 consecutive weeks green, it now starts on a Monday red.
There is potential for a correction to develop... 'Potential'.
➖ 9-December closed on a long upper-wick.
➖ 10-December ended as a lower high.
➖ 11-December starts full red.
Be careful with the longs.
Here is the catch... It goes up and down, up and down, up and down...
After going up it is bound to go down but, the bigger picture is up!
This correction is likely to end in a higher low and once support is found, we will see additional growth.
Namaste.
From 10-June through 9-December it grew by a nice 194%.
👉 After strong growth comes a correction or in the least, a retrace.
Looking at the weekly timeframe, Cardano closed 8 consecutive weeks green, it now starts on a Monday red.
There is potential for a correction to develop... 'Potential'.
➖ 9-December closed on a long upper-wick.
➖ 10-December ended as a lower high.
➖ 11-December starts full red.
Be careful with the longs.
Here is the catch... It goes up and down, up and down, up and down...
After going up it is bound to go down but, the bigger picture is up!
This correction is likely to end in a higher low and once support is found, we will see additional growth.
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.