I''m starting to see a market-wide trend. We are getting prepped for a solid wave 3 through-out the altcoin market and Cardano is no different. After doing 10 or so charts in the last few days, there seems to be a common denominator, wave 3. But in this case, we will talk Cardano (ADA).
Cardano made some headlines earlier this year after it became the 3rd ranked...
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Looks like it managed to make its way to the POC (yellow dotted line).
I'm anticipating a bounce at this area + noticeable bullish div on the daily. If I'm wrong and we keep going south, keep an eye on the 1K sat area.