Massive ADA Cardano Update - Is Correction Over?
Hello, Skyrexians!
Let's come back to our favorite coin
ADAUSDT . While most of alternative coins have broken the all time lows, Cardano's price is still high. Looks like the bull run for this asset is going to continue because impulsiveness has been saved and recent drop looks like a correction.
In one of our analysis we told you that ADA is in global wave 3 and growth from $0.28 to $1.3 was just the first impulse in this global wave. On the weekly timeframe price touched 0.5-0.61 Fibonacci retracement area and bounced immediately. If this correction is over the next target is approximately $3 in the sub wave 3. The great sign for trend continuation is that Bullish/Bearish Reversal Bar Indicator [Skyrexio] has not printed the red dot at the possible wave 1 top, like we have seen the green dot earlier before rapid pump. We still positive on this crypto and believe that soon it will pump like a mad dog.
Best regards,
Skyrexio Team
___________________________________________________________
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Let's come back to our favorite coin
ADAUSDT . While most of alternative coins have broken the all time lows, Cardano's price is still high. Looks like the bull run for this asset is going to continue because impulsiveness has been saved and recent drop looks like a correction.In one of our analysis we told you that ADA is in global wave 3 and growth from $0.28 to $1.3 was just the first impulse in this global wave. On the weekly timeframe price touched 0.5-0.61 Fibonacci retracement area and bounced immediately. If this correction is over the next target is approximately $3 in the sub wave 3. The great sign for trend continuation is that Bullish/Bearish Reversal Bar Indicator [Skyrexio] has not printed the red dot at the possible wave 1 top, like we have seen the green dot earlier before rapid pump. We still positive on this crypto and believe that soon it will pump like a mad dog.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.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.