In this recent weeks we’ve seen altcoin after altcoin go off. I’ve noticed that when technical analysis is paired with fundamental events, it allows for some potentially explosive price action. Cardano has the potential to do some big moves and in this video I go over how high we could go if it manages to pull a move off.
However, before we get going to the targets mentioned in the video I will need to see confirmation first. Cardano’s chart is very similar to NEO, I referenced NEO a lot in this video simply because the chart structure looked very similar (they are also within similar marketcap ranges) and it gives me a road map to what Cardano could do in the near future.
There is never any guarantee in trading and the markets will do what they will which is why I always have a bullish and bearish scenario, that way if it breaches either defined area I can simply follow my plan and keep my capital safe.
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial adviser or registered investment adviser. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
#cardano #ADA #testnet
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