Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today’s analysis, a quick look at Cardano / ADAUSDT . Like with most of the crypto markets, there has been a small relief rally / upside correction that balanced out the recently oversold RSI on most charts. By looking at our technical indicators, the upwards price action has been just enough to correct the oversold markets BUT not enough to signal a reversal. We know this, because we have not made a higher high or a clear bottom pattern. Instead, we have made a lower high, got rejected at the local resistance zone and continue to trade downwards.
It’s been my opinion that we will see our reversal during Q4, but in which one of the 3 months nobody knows. The good news, is that the end of the bearish market is near and this may be your final chance to accumulate at low prices – it’s a sale !
The good news, is that if you dollar-cost-average these last few range bound downs, you could stand a chance to make a profit of up to 200%, if you are patient enough and set your TP targets. More on dollar Cost Averaging HERE:
Also, this is what we’re looking for in a reliable bottom pattern:

Have a great weekend 🥂. I hope you enjoyed this post today! Please give us a thumbs up 👍
_________________
Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities Hit like & Follow
We thank you for your support !
CryptoCheck
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today’s analysis, a quick look at Cardano / ADAUSDT . Like with most of the crypto markets, there has been a small relief rally / upside correction that balanced out the recently oversold RSI on most charts. By looking at our technical indicators, the upwards price action has been just enough to correct the oversold markets BUT not enough to signal a reversal. We know this, because we have not made a higher high or a clear bottom pattern. Instead, we have made a lower high, got rejected at the local resistance zone and continue to trade downwards.
It’s been my opinion that we will see our reversal during Q4, but in which one of the 3 months nobody knows. The good news, is that the end of the bearish market is near and this may be your final chance to accumulate at low prices – it’s a sale !
The good news, is that if you dollar-cost-average these last few range bound downs, you could stand a chance to make a profit of up to 200%, if you are patient enough and set your TP targets. More on dollar Cost Averaging HERE:

Also, this is what we’re looking for in a reliable bottom pattern:

Have a great weekend 🥂. I hope you enjoyed this post today! Please give us a thumbs up 👍
_________________
Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities Hit like & Follow
We thank you for your support !
CryptoCheck
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
相关出版物
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。