ilmscore | CARDANO Indicator Not As Bad As You Think! (MACRO BULLISH)

CARDANO Indicator Not As Bad As You Think! (MACRO BULLISH)

Published: 2024-05-14
Status: Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
Cardano (ADA) is currently in a bottoming out process, indicating that the worst of its consolidation phase is largely over.
"often times when this move does happen it's very simply an indicator that the worst is kind of over this consolidation wise right and right now it's in a formation process it's in a bottoming out process"
ADA
Pending
Cardano (ADA) is expected to consolidate for approximately 120 days following the 'death cross' indicator, concluding around September 2024.
"120 days from this move this indicator happening would take us to around September"
ADA
Pending
Cardano (ADA) might first drop to approximately 54 cents, consolidate, potentially retest a lower macro triangle, and then experience an explosive upward move.
"maybe we pull into the 20 20we moving average around 54 cents and then we need to consolidate maybe even go a little bit lower hitting this this macro triangle that ADA already escaped right and then a is taking off everybody"
ADA
Pending
Cardano (ADA) has a downside target in the lower 30 cents range and might experience another price leg down to reach that target.
"we still have the lower 30s in play and I'm just waiting to see if it is going to fall another another leg down to towards that Target"
ADA
Pending
The next crypto bull market, once it begins, will be very fast, but the period leading up to it will be grueling, characterized by bear market conditions, bottoming out, and fake outs.
"when the bull market finally happens is very fast right so maybe it happens over here it's going to be very fast I think but getting there is just grueling it's the bare Market it's the bottoming out formation it's the fake outs along the way"
Crypto Markets
Pending