longmoney

Cardano...There You Are--Must Take

Long
longmoney Updated   
BINANCE:ADABTC   Cardano / Bitcoin
Well here we are folks. I have been using ADA as my indicator of the entire market correction timeline (not BTC). Why, because of the technicals--they are clearer. And without a doubt ADA is a TOP contender in the crypto markets. I am going ultra long and will decide stop points and take profit areas. Indicators are indicating parabolic movement once sentiment shifts. The volume.

Anyways, this is educational and my opinion. What's that worth? lol

--longmoney
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For the Elliots. Count
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And lastly, watch for stop runs at the low
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What I See
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My mistake. Incorrect. Here is my concern with retracement. Unsure of pivot used. Considering soft stop. They work better anyway lol
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Take note of the reaction at the 50 and the 618 with the entire retracement of ADA. Fail every time, but technical. You take that trade every time if risk/reward says go. ADA could retrace, and very well may encroach upon the 786 and stop run many out before flight.

When that happens? When Cardano begins to trend upward, which is looking like quite some time.

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Still protected by some walls. No new updates.
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Swing high pull
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From swing high. Seems Cardano wants that 786
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