I am expecting to see the red/green pathway play out๐ฅ๐ฉ. This is just my current view.๐
Long-term I am extremely bullish on ADA (Cardano) and its fundamentals.
(Daily view) Blue arrow only if we maintain extreme bullish momentum
Cardano is currently the third largest cryptocurrency by market capitalization (Number of shares multiplied by price.)
BTC may do a little bit of correction and I expect altcoins such as Cardano to follow with it.
I always recommend looking at multiple charts and reading crypto news before making a large investment.๐๐ฒโ
Thank you for considering this short technical approach analysis ๐ถ
๐๐๐This is not financial advice๐๐๐ Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss โ๐๐ฒ set๐
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Just follow the waves and do trades in the direction of the trend.. You can't surf if you go against and you can't exacly predict what happens in such chopy conditions so keep your stops solid and do trade in trend direction if it allows you to keep your trade longer do it