We are looking at Cardano now, and this is obviously an amazing opportunity in the making; if you are looking at this from a trading perspective.
Good morning my fellow trader, your time is respected, let's get to it.
After the bear-market (red), Cardano enters a consolidation (blue) phase. This is followed by the "initial bullish breakout" (green), which is the entree or appetizer before the major bull-market.
We are currently experiencing a "minor correction" (orange) in relation to the bear-market and the major bull-market that follows.
👉 We are looking at a huge 2,200% potential to a new All-Time High. With as little as 5X lev., this would translate to 11,000% or more.
We also have short-term targets on the chart.
The market never moves straight up nor straight down; there are some resistance levels on the way. These levels can be used to take partial profits or to reassess our positions, or to strengthen them. Whatever it is that works for you.
➢ Some people buy, buy and buy until we reach the top. ➢ Some people buy big at low prices and sell portions on the way up.
➢ Some people just watch and fail to make a move.
➢ Some people fail to buy-in early and only buy when the action is already on its way. These people tend to sell when there is a correction, at the correction low, and buy when there is a rise, at the bullish-wave top. This happens when there is no planning involved.
With these analyses, with these charts, we can be fully ready and we know exactly what to expect. Now that we know before-hand how the market is likely to move, we can make better choices when the bull-market is in full swing and excitement clouds our judgement.
I remember saying, thinking and being in this position: I don't know how far up it will go. I don't know if I should sell now or hold. Will it go higher? How much longer will this correction go for? Maybe I should buy now or I will miss this opportunity, but, what happens if it keeps on dropping? On and on...
This is not you. You have TradingView. You have me. You have the charts. You have friendly reminders. You have a map. You have experience. You have will power. You have the desire to win. You have determination... Yes! You can do this.
This time is different because you are different. This time is different because the market is now more than ten years old. This is not our first rodeo... We can be successful, the only barrier to success is our own minds, our own thoughts.
➢ Money is infinite. Wealth is infinite and is available to all.
You just need to desire abundance, accept abundance and take the steps necessary to make it yours.
This is the first step, preparation. The next step is to take action!