ADA - Cardano - We need increasing or stable volume on up bars.
ADA - Cardano - Moved out of it's down channel and has shot through the 50.0 Fibonacci level with massive volume, broken above the 61.8 Fibonacci level and stayed over the 50 day Exponential Moving Average. To move even higher, we need :
- Increasing or stable but high volume on up bars that don't close in the middle
- Decreasing or stable but low volume on down bars
- Retest the the upper line of the down channel as confirmation of support and successfully rebound to a higher level
- Stay above the 50 day Exponential Moving Average
- Halloween is seasonally often the start of massive rallies, this time should be no exception
I hope institutional money will invest a bunch in the upcoming 3rd generation projects that are the most promising, I hope the institutional analysts have done their homework and invest in Cardano on a massive scale.
I hope these guys are as smart as we are and recognize Cardano's potential for the future already now.
- Increasing or stable but high volume on up bars that don't close in the middle
- Decreasing or stable but low volume on down bars
- Retest the the upper line of the down channel as confirmation of support and successfully rebound to a higher level
- Stay above the 50 day Exponential Moving Average
- Halloween is seasonally often the start of massive rallies, this time should be no exception
I hope institutional money will invest a bunch in the upcoming 3rd generation projects that are the most promising, I hope the institutional analysts have done their homework and invest in Cardano on a massive scale.
I hope these guys are as smart as we are and recognize Cardano's potential for the future already now.