Quick heads up to upcoming resistance zones.
Cardano has been a rocket ship as your know.
Upcoming are 3 possible Wave Ending points.
Of course, it could just blow thru all resistances.
But bulls should WANT a correction sooner than later
The more vertical the climb, the deeper the correction.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
.
Cardano has been a rocket ship as your know.
Upcoming are 3 possible Wave Ending points.
Of course, it could just blow thru all resistances.
But bulls should WANT a correction sooner than later
The more vertical the climb, the deeper the correction.
.
I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Pulling back from the expected area
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Zoom IN (5 min) for a closer look at that zone
And the drop has paused for now but a drop none the less.
I could imagine it going back up to that second zone above, before a real pullback.
But lets see....
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