✴️ The Same 5-Steps Pattern | Cardano Resumes Growing

31 mar 2023

This is the same pattern all the Altcoins are showing and we already know that the market is interrelated.

What one does, the rest follows.

I will keep it simple. | Cardano (ADAUSDT)

#1 | A low was hit in December 2022, the reversal starts this date.

#2 | The bullish breakout happens in January 2023 and peaks February.

#3 | A correction starts and ends mid-March.

#4 | Resumption of the bullish move. Higher low leads to higher high.

#5 | Fib. extension target calls for $0.59.

The next target would be the end of Wave 3 based on EW, meaning that we still have Wave 5 of this bullish impulse.

Wave 4 is another correction and Wave 5 the final high before the correction for the entire impulse.

The last wave is the speculative wave and when the fireworks should happen.

Namaste.