$Cardano (ADA.CC)$ If this plays out in its entirety then we...
If this plays out in its entirety then we're only halfway there. Target is around 32-33.
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Just a dude highly interested in the financial markets who wants to share helpful info along the journey.
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BFSkinner : All depends on btc, that’s literally it
DudeThatsDerpyOP BFSkinner: Mostly, although ADA does have its own price-action.
102429238 : I bought it at a cheaper price again.
The Neglect : its already become divergent
The Neglect :
DudeThatsDerpyOP The Neglect: The pattern took weeks to form, so it would likely take weeks to play out.
The Neglect DudeThatsDerpyOP: I’m not waiting for a bottom, I dca.
The Neglect : The daily chart is forming up historically preparabolic
DudeThatsDerpyOP The Neglect: That's perfectly fine. To me, the technicals say this should head down around 32-34, which is a significant percentage lower than where it currently sits. I would prefer to buy at much lower levels and am OK with potentially missing out if I'm wrong.