CARDANO PRICE PREDICTION 2021 – ADA PRICE PREDICTION – SHOULD I BUY ADA – CARDANO FORECAST

CARDANO PRICE PREDICTION 2021 – ADA PRICE PREDICTION – SHOULD I BUY ADA – CARDANO FORECAST

hi everyone well this is coinskin i’m just going to dive into canada once again thank you for support so i’m going to try and be quick on this update because i’ve got to go out on saturday uh just a quick little update i did spot this rising wedge last night um i should have posted this in the in the telegram on twitter i do apologize look rising wedge he lost support you had a little correction come down to where you created the wedge just like so you carried out a little correction here for kadano now one thing you need to target here for cordano because there is a little bit of a negative pattern that’s forming just there okay pretty much rinse with peel the last one not rising wedge fell out of it created some kind of horizontal came out of it you know and you you sort of hit a level resistance you start to do this sort of descending triangle you came back down you lost support create this beautiful double bottom and then we broke up to the upside okay but what you did was rest on this swing high okay so you swing high to swing low and this is what we’re targeting right now look you’re coming up in these beautiful impulsive waves like this look impulsive corrective impulsive corrective impulsive potentially having a corrective wave now primary target is really really easy you know really easy and this is what we need to target going forward in these corrections is this this swing high because look it landed on swing high just stairs that was a beautiful little setup just there i did say that i did say this swing high as a target but i kind of thought it might go a little bit deeper to be honest with you i had this technical target a descending wedge but descending triangle would apologize but it never actually got to that technical target because that’s how strong codano is so you know potentially we could form some kind of really negative pattern up here somewhere like a double m top and we lose support and it’s supposed to crack down but because the market’s so strong what i’m what i’m targeting at the moment for cadilla and you should target as well equally is these swing heists to swing loads like swing higher swing lows swing high swing lows so this could be a lovely little target if if cardano does roll over here and as a correction it’s perfectly normal because it’s retracing okay so we’re tracing off an impulsive wave to come down to continue with the trend as you’re fully aware i’ve taught you all this okay so this particular wave is an impulsive wave up sorry this particular wave is an impulsive wave up and right now you’ve run into a resistance and you’re rolling back looking for support for the next impulsive wave up it works in waveforms look boom boom boom boom boom so providing we can come down and hold this swing higher support we’re looking great for continuation here so if you do see a roll put some cheeky bits in down there on 2.25 where i would imagine you get a real good level of support look at the wick down there not previous swing swings like high just there you see that bump together so right now you know if cardano does roll out of this because you have got some kind of reversal pattern on the go here for cordano look some kind of head and shoulders pattern on the go here so you’ve got this left shoulder this head and a potential right shoulder if you start to lose this support here this is where you’re going to look at a correction okay from there to there and essentially you could come down boom down to our target down there just see that so it’s potential play but equally they can break to the upside because this is also some kind of descending triangle which is coming in towards the apex off do you see this so there’s some kind of decision coming soon here for could i know look at this so you’re coming right into the apex here you know and potentially if you do start to break up and break this little resistance just stare wherever it is again you’ve got a descending triangle and a technical target well i say descending triangle it’s actually a horizontal okay so horizontal do apologize it’s not a descending triangle look it’s a horizontal boom boom boom boom some kind of horizontal brake resistance technical talk to the upside loose support technical target to the downside any clue within that you’ve got head and shoulders pattern do you see that so yeah it’s it’s looking like it wants to come down for a recess to be honest with you just like you did here you know it did here it got overextended come back down to a key level support continuation here got overextended key level support continuation because i think here to be honest with you uh we’ve got a little bit overextended from this uh one six one eight haven’t we let’s have a quick look at this so that’s your horizontal at your formula okay coming up into it which is continuation pack to be honest with you but you come up into this it was horizontal and it broke down because you came down to the swing high for support okay so this white guy comes to charts and draw these trend lines so right now i think off this impulsive wave low uh to this impulsive wave we actually got a little bit of extended form of one six one eight to see that so yeah we did so we ran into a level resistance right there create that rising wedge come back down to a key level support and you can see we are hung into one four one four but right now if you do start to roll over you are looking at a retest of this site at 2.20 25 okay so if you lose this support this uh horizontal and obviously the neckline of the head and shoulders do you see that okay do you anticipate a re-test it won’t come quickly i don’t think it will collapse or anything like that it’ll be sort of long drawn out like this and then you’ll come back down like this okay potentially so yeah do you anticipate that i mean if you do come back down to that level okay i can tell you exactly where your next potential target is you will be looking a nice little retracement here for cadano coming back down doing something like this again if you lose this apex just if you lose the support this is your technical target down to 225 okay so if you was to lose that and come down and get this beautiful like i said to you the deeper you retrace the greater the impulsive pace okay now look if you was to go from here right now and have an extension look your technical target is lower than this because the dp retrace the greater the impulsive pace look so look you’ve come off this low just there so your next technical target at one six one eight if you break this high at 2.58 would be 2.69 but if you come back deeper and we trace to the swing high your next technical target 161 h which you’ve just already met off this previous impulsive wave would be at 2.81 so you want to come back you you want to come back the more you come back the better it is okay so yeah that’s kadano and again if you start to lose this high you know that’s quite negative because you’re rolling over and you’re sort of rolling over and you’re losing a trend so to speak and potentially come in low and losing this swing low or retesting it again as a double bomb so we’ll look at that as it comes okay but key level support right there looking for continuation if it comes you know if you start to roll out of this and come down here you’re looking at beautiful long up to 281 and that potentially from there is a whopping 24 trade on cadano you know that’s continuation right there so yeah if we do start to roll out here like this anticipate that this key level of support needs to hold okay because again i’ll give you another key level of support that you do need to see held for for cordano on a retracement because if you don’t you look at impulsive wave okay so i’ll show you okay a key level of support if you want to see a huge huge role in the market here this key level of support needs to hold for kadano at two dollars eleven because if you do start to lose that for cardano you roll any deeper you begin to lose this swing high and you start to roll over and you lose the golden ratio right here you’re giving a high probability in confirmation that you’re going to come back down to 187 okay and you start rolling here to a key level support before getting the bounce there and that would be an absolute whopping correction from this point okay that would be a whopping correction of around about 23 so if you do see a bigger role again you do need to see the golden ratio 2.11 hold because if it doesn’t you could be looking at a beautiful little short up there of around about 11 okay this is what you do you trade on all these breaks of confirmation and things like that okay so so far so good you’re looking good for continuation providing you can hold support and that’s what it’s all about okay take care everyone back soon with another cadillac update stay healthy stay strong stay tuned the long bumpy road isn’t it but take care everyone bye-bye
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CARDANO PRICE PREDICTION 2021 - ADA PRICE PREDICTION - SHOULD I BUY ADA - CARDANO FORECAST

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