✴️ We Are Good Long-Term | Cardano Headed Towards $7.70 - $8

18 במרץ

Good day my dear friend, how are you doing?

See, Cardano has been red for three weeks. Two weeks actually but this week starts red and is likely to end red.

Seeing three consecutive red weeks can mean a correction is about to develop, we can deduct this based on multiple signals. This is ok.

This projected/potential correction is only a short-term event.
It can be a "mid-term" event but this part is hard to predict.
The correction can last an entire month just as it can last 3 months.

➖ 1 month = short-term.
➖ 3 months = mid-term.

Now, this is great because it allows for profit taking, new entries and better prices.

The market always fluctuates... In fact, this is necessary for trading to exist.
Straight up or straight down would mean no market and also an impossibility.

We know the market cycles because life cycles.
Nature is full of cycles indeed and everything goes through cycles in this wonderful reality in which we live.

The easiest and most dominant cycles of all is based on the moon and the sun, night and day. Just as we invariable go through these changes, up and down, light and dark, night and day, the market does the same.

Once the correction is over we can expect massive growth so that Cardano can complete its bullish phase.

👉 We are looking at a potential target of $8 as the next All-Time High.
👉 It can hit $7.70 and peak there. On the other hand, even beyond $8 is possible.

I saw a strong target/resistance around $4.40 but that would be small for Crypto... We need to stay alert and vivid of course because the market can surprise and sometimes the action/energy can move to new projects and some projects can perform worse than projected/expected.

So far, everything has been great.
Bitcoin went beyond all expectations and the smaller Altcoins and ALTSBTC, which suffered for years, are back on the green.

This is all we need.
Move up, keep up, step up and grow, while we trade and win.

Trade and win.
Trade to win!

And yes! My dearest of friends...
Enjoy the profits!

Namaste.

3 במאי

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