Really appreciate steemit upvotes!
Cardano slowly finds support as ABC correction is nearing. Extended ABCDE corrections are possible. We see beautiful Elliot Wave counts, with a possible 5th wave beginning soon. This place is only in place if and only if 4800+ satoshi holds.
We see a possible 30% gain assuming further correction is needed, but holding longer term till past breakout can yield a 100%+ return.
Twitter - https://twitter.com/PhilakoneCrypto
https://www.youtube.com/user/philakone1
If you enjoyed this video, please like, subscribe, follow, share, upvote, on YouTube, Twitter, Steemit. If you specially liked it, please donate Tequila to Luna's cryptocurrency fund.
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Please always remember we trade using probability and not all trades are winners. We manage our risk with stop losses and try to win over time. Those that don't understand this, and expect only to having winning trades, will always lose money over time.
The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
I'm not a financial adviser, nor am I giving you any tips on when to buy, sell, etc. I'm simply stating my opinions and what I personally look for. Those that follow my trades blindly and don't understand risk management, will always lose over time. I manage risk differently. Not all trades are winners. We manage our risk with stop losses and win over time. Even if we've entered at a similar price, I can micro manage my risk, by shedding, adding, reducing, etc, but those calls aren't made. Therefore despite entering near the same price, I may come out well ahead while you may take a loss, even if we exit at the same price when the market goes against my call. Remember, I always profit OVER TIME, and am not focused on winning every single trade. As long as we win more than we lose over time. I want to be very clear so you understand the outcomes will always be different even if we take the same trade. I MANAGE RISK and see this game as a probability. Therefore, be forewarned.
Great post. Thanx for sharing. Upvoted and resteemed.
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Welcome . Nice to see a new face other than @haejin
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@haejin is more for long hodling, Philakone is more a day/swing trader, his youtube channel is full of really interesting stuff, and he is really funny while really skilled and good teacher, check it out, I learned a lot from his tutorials.
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Will do thx
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Great video you seem very knowledgable! I'm holding ADA for the 100%
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thank you
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Thanks! resteemed!
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Thanks !!
No more money to buy, have like 40 alts in my portfolio lol, will wait they grow, sell some for BTC, then when BTC reaches 25-30k$ sell some for USD and go try some swing trading, so really appreciate your work, I'm learning with it :-)
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Thanks!
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awesome, thank you
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Good work, thanks !
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/channel/UCeu9yMweVfTCftF9gvnuGeA
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ADA Cardano Prepare for Bullish Rocket
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great stuff... ADA spiking now, gunna watch for those targets!
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