Cardano – ADA/ETH – Bullish 5th Wave

Dec 18, 2017

Cardano was released recently and it’s looking like “the next big thing”.

Since it’s lift-off it enjoyed a Bullish run and now in a Consolidation which in this case would translate as a possibility to get reinforcements before a Rally would commence.
Wave Count presented below suggests that Cardano could triple in value over a short amount of time.

BUY Position:

Entry – 0.00056300
SL – 0.00037000
Targets – 0.00095000 / 0.00119000 / 0.00157500

Dec 19, 2017

Note

Wave Count Update:

* if a move down occurs in 5 swings sequence it should be treated as Minuette (c) (red) and I will be looking for a BUY set-up

Dec 20, 2017

Trade active

Retracement finalized, Cardano could start a Rally which could make it triple in value.

Dec 30, 2017

Note

Bullish Extension in progress:

Jan 3, 2018

Note

Minuette (iv) complete, Bullish Extension in Minuette (v) in progress.

Jan 4, 2018

Note

1st and 2nd Targets reached! 3rd Target in play and in the green.

Cardano is showing a Bearish Divergence which is awaiting its turn and another final swing on the upside so that Minor 1 would complete its cycle.

Sharp Correction in focus as per Minor 2.

Jan 5, 2018

Note

Correction in Minor 2 unfolded.

ADA/ETH retraced 50% of the entire Minor 1's cycle.

Possible Bullish turn.

Jan 10, 2018

Note

ADA/ETH providing a Bullish set-up which could reach 0.0040 in a Rally!

Time to buy ADA/ETH .. again :)

Entry @ 0.00036
SL @ 0.00015
Targets - 0.00075 / 0.00115 / 0.00155 / 0.00215 / 0.00275 / 0.0035 / 0.0040