Cardano Dan - Cardano Dan's Newsletter - Issue #179
Quote of the Day
― Benjamin Disraeli Opportunity doesn’t come knocking every day. You need to be ready to grab it when it comes. The Bible speaks to this spiritually with the Parable of the Ten Bridesmaids (Matthew 25:1-13). The concept or opportunity and readiness applies to all sorts of things including investments. It’s quite possible the price levels we just saw (and still see) will be looked back upon as a huge opportunity. In The News
Cardano Updates
Technical Analysis / Price DiscussionIt has been a great couple few days of price action for Cardano ADA! Does that mean the bull market is still on for sure? No. But there are reasons to be hopeful that it is. ADA had dropped below important support and the point of control on the Volume Profile. BUT, the last three days brought ADA back ABOVE both. Also, if you look at the current price action, it’s similar the July reversal that saw a very decisive bounce off of the bottom. I’d like to see ADA break out of the downtrend resistance, secure $1.50 as support and move higher than $1.60 to establish a new higher high to feel confident that we are in fact reversing higher once again. This is what I’ve expected all along during this downtrend and there are reasons to be hopeful after some really discouraging price action the last several months. 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! |
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Cardano Dan's Newsletter - Issue #178
Monday, January 10, 2022
Grace Under Pressure
Cardano Dan's Newsletter - Issue #177
Saturday, January 8, 2022
Needs Editing
Cardano Dan's Newsletter - Issue #175
Saturday, January 8, 2022
Seeds You Plant
Cardano Dan's Newsletter - Issue #175
Thursday, January 6, 2022
Find a Remedy
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