ADA: Looks Like 23 to 20 Cents but Can Fall Lower

21 déc. 2022

Hi Everyone! It's not looking good for Cardano. The Near Term Group of time frames still looks quite bearish with the 6-Day and Weekly appearing to be in the process of potentially beginning Stage 3 Expansion Down. This may likely be our Selling Climax Event after having gone sideways for quite a while; establishing a Preliminary Support Range between $0.295 and $0.33. I'm pointing this out to let you know to anticipate an Automatic Rally up to at least the lower boundary of the Preliminary Support Range after this Selling Climax event has completed.

There is NO GUARANTEE we fall down to the price range I projected in this publication. I'm simply doing my best to provide an "un-biased opinion" of what I'm seeing within my indicators.

Here is the Short Term Group:


Here is the Near Term Group:


Here is the Mid Term Group:


6-Day time frame showing the potential Death Triangle:

21 déc. 2022

Note