Cardano
Updated

ADAUSD: Potential is There for Another Sign of Weakness

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Hi Everyone! Based on what I'm seeing in the Mid Term Group, Long Term Group and Macro Group of time frames; we are subject to see ANOTHER Sign of Weakness in Phase E for ADAUSD. This could fall down to proximity of the Purple Diagonal Trend Line around 0.31xx to 0.32xxx

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UPDATE:

If you have followed along in my two previous BTCUSD publications, you may have picked up on some BASIC rules when using my indicators. I have many more rules and requirements for those rules on another platform in more detail. I'm still currently creating more lessons at present on those rules and requirements as well as how to trade with these rules under different market conditions; how to identify those conditions, etc... I'm mentioning this about BASIC rules previously mentioned in the two recent BTCUSD publications for you to APPLY to ADAUSD groups of time frames.

MACRO Group of time frames (11-Day, 22-Day, 23-Day, 24-Day, 25-Day, 26-Day, 27-Day and 4-Week):
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Long Term Group of time frames (8-Day, 15-Day, 16-Day, 17-Day, 18-Day, 19-Day, 20-Day, 3-Week):
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Mid Term Group of time frames (4-Day, 8-Day, 9-Day, 10-Day, 11-Day, 12-Day, 13-Day and 2-Week):
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Near Term Group of time frames (12-hour, 24-hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week):
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Short Term Group of time frames (30-min. 60-min. 90-min. 2-hour, 3-hour, 4-hour, 6-hour and 8-hour):
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UPDATE:

Simply posting an update with a casual conversation before getting back to some more much needed sleep.

ADA: Casual Discussion on Current Price Movement
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UPDATE:

Weekly shows potential to go up to White Lower B-Band in Weekly in proximity to $0.50 cents. However, odds of going up FROM White Lower B-Band to B-Band Basis is low for THIS Weekly candle. Maybe attempt NEXT candle.

Weekly is in top right corner:
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