$0.122 to $0.226 With $0.162 as the Median Price Range Target.

Long

Cardano (BINANCE:ADAUSD)

Aktualisiert

BINANCE:ADAUSD Cardano

I placed a FIB Channel on this 4-Day TF Chart to get an "estimate" for a year end price target range of $0.122 as the low end of the range and $0.162 at the higher end of the range. I'll post chart(s) -AND/OR- video publication later with discussion on the indicators in multiple time frames. Links to "Related Ideas" posted below. Click "play" on the first link in "Related Ideas."

Kommentar:

The main focus with the indicators in this 4-Day chart is the Blue LSMA and its current trajectory in relation to year end. The Purple Energy inside Godmode indicator is nearing exhaustion. However, I anticipate the downward pressure to only be brief before finally witnessing a significant move to the upside on the 4-Day Candle beginning October 4th or October 8th.

Also note the Phoenix TSI Short Cycle indicator on the chart with the candles looking like it wants to make a curve to the upside to potentially provide support for this analysis.

Kommentar:

2-Day TF:

Kommentar:

Phoenix TSI Long Cycle in the 12h TF is turning green. If it remains Green and turns up strong, this could indicate a sustained bull trend till year end before another major consolidation event begins.