Cardano (ADA) Could Signal a Trend Reversal

in cardano •  7 years ago 

SUMMARY

Cardano (ADA) has been correcting weaving its waves within the contracting downward symmetrical lines. The below chart shows one more lower low can be identified. Now, there are multiple ways to lable this pattern. I've chosen the easy for beginners to see a,b,c but a more complex wxyxz types can be used as well. If you get two Ellioticians in a room, there will always be disagreements on how to lable the waves. The green circle represents the buy zone area where a ladder can be cast. Should price decisively breach the upper white line; a different scenario as shown in the second chart can be used.

A decisive breach of the upper line of the symmetrical tirangle pattern would lead to an impulsive move of price. This would be a positive indicator to the bottom perhaps being in place. It would be intersting to see how the overnight price moves. Regardles, one more lower low or already in....exciting and profitable times are ahead of us!

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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If you look at the team behind this project, its hard to beat. Most legit blockchains look to IOHK to review their code. Charles Hoskinson is heading this one up. ADA should have a bright future.

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P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

Im very confused on what just happened? So don't comment on his posts? I was just making a comment on the team behind ADA.

Probably Charles Hoskinson is a piece of shit like Dan Larimer? That's what the good whales say anyway.

I love ADA and have it and holding for 3-5 years.. should be good

Thank you! Can you do an analysis on VeChain? (VEN/BTC on Binance)

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Always look for the berniesanders(-18) indicator. It usually shows great activity when prices are on the verge of reversal!

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Surprising when everything is down only cardano is up

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  ·  7 years ago (edited)Reveal Comment

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  ·  7 years ago Reveal Comment

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I thought an agreement was struck???? In fact there was...this just confirms that you are untrustworthy and do not follow your word..that to me, is one of the most important things about a person's character...you my friend are toxic to the community

BTW i've just unfollow the fuckhead of @berniesanders such an asshole bastard who cares more about bringing someone down than being a nice poster, just like cancer, I hope he dies by chemiotherapy.
@haejin, just keep up the good work, I'm sure that your TA made criptiollinaires to many folks.

I got you buddy (with an upvote!)

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This is sad, so very very sad, It was just an opinion and ppl downvote the f//k out of Me? is that the comunity you want you selfish as//le? I'm just a minnow with 15SP you brainless awfully bad person!

  ·  7 years ago Reveal Comment

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  ·  7 years ago Reveal Comment

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  ·  7 years ago Reveal Comment

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@BernieSanders Lol You're so butt hurt, Haejin deserves every last dollar being ripped out of your pathetic socialist hands. Go move to Cuba and get in the bread line

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  ·  7 years ago Reveal Comment

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I am new to Steemit and did not know this... I have now just received 13 downvotes in like 5 minutes... I'm very upset.. I have been putting so much of my time into this platform for the past week, trying to grow my followers and my reputation and you do this to me... You could at least warn people... I'm gutted about this :( :(

  ·  7 years ago Reveal Comment

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About BTC u mean? well, I made a post recently concerning that, but resuming it I said (sayd? how's it "said"?):
Maybe the bubble full explode, maybe is just anothe pannic sale phase, I just hope that ppl that are "losing money" (and I quote that b'cause I don't belive they're losing, just a temporarly thing) won't be "losing" nothing they can't afford to lose, like food or rent money, thing (BTC) will recover, we are in a WAY early process, pls read my post, just read'em, don't upvote'em or anything, just i'm kinda drunk and I can't explain mysalef as correctly as I've done in my blogs.
PS: I love beer <2+1

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oh bernie...

  ·  7 years ago Reveal Comment

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  ·  7 years ago Reveal Comment

I kinda hate the banks, I have my reason to belive they act in the most self interested way possible, and I mean, just for 10-15 ppls in the whole world, how slefish is that? how centralized? the one thing they care is power over EVERYONE, not a country, not a thousand, I'm pretty sure they onle care for 10-15 individuals top.
Long live the anarchy! (too bad we are centurys away to be able to have it, sice anarche basis is that every single human is good and won't harm or betray any other)