The CARDANO Move That Could Spark BULL RUSH!
01/28/2024
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354 views
In this video, I discuss a comprehensive update on Cardano (ADA), focusing on its macro charts and the potential shift towards a parabolic bull run. I analyze ADA's current market position and its recent retracement in comparison to other cryptocurrencies, highlighting this as a bullish indicator. I revisit previous market behaviors, particularly post-2020 Bitcoin halving, to draw parallels with ADA's current situation. The video delves into the technical aspects of ADA's movements, examining key moving averages and patterns on both weekly and daily charts. I also compare ADA's trajectory with Bitcoin's, suggesting a potential roadmap for ADA's future. Throughout, I emphasize the importance of ADA breaking above its moving averages as a bullish sign, while acknowledging the market's unpredictability and the potential for rapid changes.
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