The question right now relates to the short-term because we all know what is happening long-term.
There is a sequence of higher lows starting June 2023. The next one comes August 2024 followed by a strong bullish breakout. So the market is bullish.
The bullish wave enters a correction with a major low in February retested in April. Now we are looking at a short-term retrace and local higher low (2025).
The 7-April low leads to a bullish breakout and this breakout gets corrected, four weeks red. This is the fourth red week and the end of the retrace. From this point on, we will see growth.
The left side of the chart is always the past. The right side the present.
The bear market wave is hard to miss (left-red), it was straight down. The bull market period is different, it has been going in sequence. Strong jump followed by a strong correction. What we are about to experience is something different.
Instead of the action we saw in 2022, 2023 and 2024, we will see something more like the bear market but inverted, straight up. Something like 2021, bull market action. We miss it and we cannot remember the truth of it because it happened so long ago.
Let's summarize: Cardano is going up.
Namaste.
There is a sequence of higher lows starting June 2023. The next one comes August 2024 followed by a strong bullish breakout. So the market is bullish.
The bullish wave enters a correction with a major low in February retested in April. Now we are looking at a short-term retrace and local higher low (2025).
The 7-April low leads to a bullish breakout and this breakout gets corrected, four weeks red. This is the fourth red week and the end of the retrace. From this point on, we will see growth.
The left side of the chart is always the past. The right side the present.
The bear market wave is hard to miss (left-red), it was straight down. The bull market period is different, it has been going in sequence. Strong jump followed by a strong correction. What we are about to experience is something different.
Instead of the action we saw in 2022, 2023 and 2024, we will see something more like the bear market but inverted, straight up. Something like 2021, bull market action. We miss it and we cannot remember the truth of it because it happened so long ago.
Let's summarize: Cardano is going up.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.