Cardano Dan - Cardano Dan's Newsletter - Issue #163
Quote of the Day
― Heraclitus There’s a lot of change happening in the world right now. And it will keep happening, at least in this life. Change can present a lot of opportunity, but you need to be able to see and act on it. If you’re too busy avoiding change or scared of it, you’ll miss out. The death of the legacy financial system and birth of cryptocurrencies and blockchain is an example of change filled with opportunity. And you better believe that change is just getting started. In The News
Cardano Updates
Technical Analysis / Price DiscussionCardano has massive changes being announced every day. DEXs on Testnet, DEXs soon to launch on Mainnet, ERC20 converter on Testnet, P2P networking on Testnet, smart-contract based NFT marketplaces… the list goes on and on. On the back of this really positive adoption news, I’m expecting a major move higher any day now. But I’m not telling you anything you don’t already know. I do want to share an important line of support in case I’m wrong. The green trendline represents important support. If it would be lost on the daily timeframe, it would be reason for concern. If it did happen, it could easily be a fake-out. But it could also be a sign of some longer-term weakness as the bull channel, the trendline, and volume profile support would all be lost. Always be aware of multiple possibilities - don’t get too focused on just the scenario you want to happen. This newsletter is for entertainment and educational purposes. I’m not a financial advisor and you should do your own research and consult a financial advisor before investing in cryptocurrencies. If you liked this post from Cardano Dan’s Newsletter, subscribe to get it 4 times a week! |
Older messages
Cardano Dan's Newsletter - Issue #162
Tuesday, December 7, 2021
Sweet Fruit
Cardano Dan's Newsletter - Issue #161
Sunday, December 5, 2021
Simple Smile
Cardano Dan's Newsletter - Issue #160
Saturday, December 4, 2021
Living Dead
Cardano Dan's Newsletter - Issue #159
Wednesday, December 1, 2021
Unlikely Places
Cardano Dan's Newsletter - Issue #158
Monday, November 29, 2021
Kind of Disease
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