Cardano (ADA) Could Signal a Trend Reversal
SUMMARY
Cardano (ADA) has been correcting weaving its waves within the contracting downward symmetrical lines. The below chart shows one more lower low can be identified. Now, there are multiple ways to lable this pattern. I've chosen the easy for beginners to see a,b,c but a more complex wxyxz types can be used as well. If you get two Ellioticians in a room, there will always be disagreements on how to lable the waves. The green circle represents the buy zone area where a ladder can be cast. Should price decisively breach the upper white line; a different scenario as shown in the second chart can be used.
A decisive breach of the upper line of the symmetrical tirangle pattern would lead to an impulsive move of price. This would be a positive indicator to the bottom perhaps being in place. It would be intersting to see how the overnight price moves. Regardles, one more lower low or already in....exciting and profitable times are ahead of us!
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Tutorial on the use of Fibonacci & Elliott Waves
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If you look at the team behind this project, its hard to beat. Most legit blockchains look to IOHK to review their code. Charles Hoskinson is heading this one up. ADA should have a bright future.
Thank you! Can you do an analysis on VeChain? (VEN/BTC on Binance)
Always look for the berniesanders(-18) indicator. It usually shows great activity when prices are on the verge of reversal!
Surprising when everything is down only cardano is up
Why You MUST HODL! https://steemit.com/bitcoin/@investingtips/why-you-need-to-hodl-no-weak-hands-here
Hello Haejin, gladly I've follow many of your TA and over 60% are and where right, you are making a good jo so I don't understand why so many ppl hate you.
In the other hand I'm just a Minnow, I've followed You for a few monts, this's the first time I ask ppl to watch one of my graph, so if you think it's valuable take a look at my blog.
Hope You all get strong hands and massive proffits <2+1
BTW i've just unfollow the fuckhead of @berniesanders such an asshole bastard who cares more about bringing someone down than being a nice poster, just like cancer, I hope he dies by chemiotherapy.
@haejin, just keep up the good work, I'm sure that your TA made criptiollinaires to many folks.
I got you buddy (with an upvote!)
This is sad, so very very sad, It was just an opinion and ppl downvote the f//k out of Me? is that the comunity you want you selfish as//le? I'm just a minnow with 15SP you brainless awfully bad person!
It does not matter who you are, but if you read the @haejin, then find the strength to do it calmly, without emotion.
If you do not agree, just find the facts in publications (facts very hardy) and show these facts in your posts (but remember, just the facts).
Everybody knows how it works when someone wants to be an analyst. Calling the emotions of other people ..., hmm, the analyst does not do it, it makes an alarmist.
If you are right in your quiet observations, I'm sure other people will pay attention, maybe they will even be grateful to you.
And while you just scream ... " the moon does not heed the barking of dogs"
Do not be a dog, please act like a sensible person.
If you agree with posts @haejin, then you know how to express your gratitude to the author.
Thanks for your hard work! ADA feels like a solid long term HODL. Just BTFD!!!
thanks for update. happy to see this. Ada is going to rise.
Good job
Money in the bank!
I kinda hate the banks, I have my reason to belive they act in the most self interested way possible, and I mean, just for 10-15 ppls in the whole world, how slefish is that? how centralized? the one thing they care is power over EVERYONE, not a country, not a thousand, I'm pretty sure they onle care for 10-15 individuals top.
Long live the anarchy! (too bad we are centurys away to be able to have it, sice anarche basis is that every single human is good and won't harm or betray any other)