Cardano: All the cool kids are doing it, and you want to as well

(Note: This was published under 'wave analysis', and I am republishing it without tags so those who are searching "ADABTC" will be able to see this.. This chart also uses 4hr candles rather than 1hr... targets are slightly adjusted)

BTC 4.12% looks like it will be moving sideways for awhile... perhaps it will see some rise when the Koreans put their money back in, or Americans receive tax refunds... but we are not here to talk about Bitcoin 4.12% , we want Cardano!

The insane amount of push behind the demand for this coin will keep it above .50 from here on out, and we could be looking at $5 by the end of the year... (hopefully)

Anyways, short term, looking at the fibs, I see a few areas where the algo traders might be making moves.. When Cardano has a runnup, it tends to follow the technicals pretty well, as most high volume coins should.

So, hopefully, we will return to our all time high position IF Bitcoin 4.12% remains dormant over the next week or two. Whatever happens, Cardano is an excellent buy for a long term hold.

Commentaire:

Wave 1 beat expectations, Looking for wave 2 to land around 6225 sats... This is shaping up to be a very good day for those who bought the dip