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ADAUSDT: Casual Discussion of Multiple Groups of Time Frames

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BINANCE:ADAUSD   Cardano
Hi Cardanoins! Don't lose hope... It's still there in our Macro, Long and Mid Term Group of time frames. A couple of weeks ago it was the Blue LSMA in the 2-Day time frame holding us back from a chance of upward pressure remaining for a significant period of time. Of course, this recently changed to the 3-Day Blue LSMA being the culprit holding us back from seeing upward pressure for a significant period of time. It would be "wise" to wait for the Blue LSMA in the 3-Day to get above Level 30 with the Green EMA going UP before even considering opening a Margin Long Position that you intend to keep open for a lengthy period of time. Would it be okay to ACCUMULATE (buy outright) coins while blood is in the streets; using dollar cost averaging until the Blue LSMA in the 3-Day can get above Level 30 with the Green EMA going "up?" Sure... There is still time to accumulate if you have not done so already or simply want to add to your bags. Mainly because of the potential for upward pressure to "resume" in the Macro, Long and Mid Term Groups of time frames.

From now on, please be careful of opening margin long positions (with the intent of keeping it open a lengthy period of time to the Buying Climax) if the Blue LSMA in a particular time frame appears to be HOLDING US BACK from increased odds of significant upward pressure for a lengthy period of time. If we have a Blue LSMA holding us back like that and you wish to open a margin long, be mindful of not being greedy and take profit rather quickly on a move up until the Blue LSMA can get above Level 30 with the Green EMA going UP in the 3-Day time frame.
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