ADA Cardano - I am super bullish
My argumentation:
Personally I went big time into this setup. Not financial advise!
Happy trading!
- Cardano has been sold off three times for more than 80% - Elliot Wave Theory --> ABC correction coming
- Selling pressure seems to be gone since moving in that range, it doesn't seem as if anyone wants to sell it below these prices --> market makers will have to move in the other direction to benefit from the situation
- The 200 ema in the Daily setup has been crossed and confirmed with two positive candles, (third today)
- RSI came out of negative slope and was confirmed in the weekly.
- Ichimoku nice close and room to minimum of cloud (not shown in chart)
Personally I went big time into this setup. Not financial advise!
Happy trading!
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