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    CARDANO Pounding On BULL MARKET Doors! (WATCH OUT!)



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    In this video, I discuss my journey in identifying the “bull market doors” for Cardano (ADA), drawing parallels with Bitcoin’s market trends. I explain how the concept of Fibonacci retracement, which works well for Bitcoin, doesn’t apply as effectively to ADA. Despite this, I’ve been exploring various indicators to pinpoint ADA’s macro cycle shift and entry into a new phase. I highlight that the approach for ADA involves a combination of multiple indicators. The video is sponsored by Lux Algo, a tool I’ve found useful for identifying trend reversals and shifts in market momentum. I go through four specific tools from Lux Algo that are showing interesting trends for ADA at this stage of the cycle. I start by examining ADA’s current order book level, which is posing as a resistance area. I then delve into the similarities between ADA’s current movement and its historical performance in previous cycles, noting early signals of a bullish trend. I discuss specific indicators like the smart trail and trend catcher from Lux Algo, and how they might be forecasting ADA’s potential entry into its bull market phase. I emphasize the importance of consolidation phases and how ADA might behave in the near future.

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    Intro 00:00
    What are bull market doors? 00:20
    LOWER HIGH (correction) 00:35
    Careful of resistance/pullback in short term 3:00
    Step 1 of Cardano bull market doors 5:20
    Step 2 of bull market does 6:00
    New cycle uptrend for Cardano 8:00
    Room for consolidation 9:00
    Understanding historical data 12:00

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    View 44 Comments

    44 Comments

    2. @samsarah6475 on

      Thanks buddy for keeping us financially accounted for! No matter how bad is it in this economy, i still make over $10-15k every week trading various cryptocurrencies and stocks, thanks to julia Dutton

    8. @zach1704 on

      You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life ✊🏻❤

    10. @MrRobchao on

      I've said this in the past about lux algo, and got my comments deleted or blocked from other channels. its a lagging indicator and will get people wrecked. if you check when the buy and sell indicators flash, and follow it based on candle closes, you "will" be in the red. on the other hand, if you want to use it as a lagging indicator for buys and sells you've already made, then I guess you can use it as secondary validation that you made a good choice, but at that point, there are also other indicators like RSI, macd, macd cross, vpvr, etc.

    13. @rjames3981 on

      Let’s Xmas bells 🔔 chime. Bitcoin & Litecoin reward halving supply shock effect coming…✨…💃

      Bitcoin 1st Łitecoin 2nd on ATMs Worldwide & transactions on the world’s largest payment processors….🛒

    15. @barriewalker9160 on

      I have sat for years after buying ADA at the top, for it to boom and go up in price only to watch it go down and down.
      Now I am sat wanting it to go down so I can buy another bucket load ready for the boom that is about to happen.

    18. @RobertLinda-lz6nf on

      Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investments… 🙂🙂

    20. @Dave________ on

      Just following BitCoin like it always has and always will, nothing new to see here. I have a lot of ADA and would love to see it move up in price but it wont, Charles will make his speeches and tell you all the new developments but nothing happens. Maybe one day $10~
      $15 in the next 10 years, big deal. Should have put my money into real stock, instead of Crypto. I have lost so much that I can't afford to sell.

    24. @bromsnor on

      I like your data analysis, helps me a lot. I hold a lot of ADA so I hope it wil go trough the Bullmarket doors. What is your view on Vechain, because right now it is doing the kind of samething like ADA

    26. @Dbobber on

      Either way it’s a signal that says buying now if you havnt filled you’re bags. I’ve been out of crypto since the end of the last bull run. Wish I got back into the market a year ago. Bought ChainLink at 2.40$ and watched it go to 50$ the whole time lol. I held. Crazy time.

    33. @MikeHalow-il8dr on

      My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US. The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. We need to take our financial life serious….. I recommend stock market investment and digital currencies

    36. @mehdieinifar740 on

      Dan!first of all, I learned my tech analysis mostly from you… I think I have charted something on ADA that feeds into your analysis here … don’t know how to send it to you but I’ll tag you and mention you on X I think you’ll like it 😉

    40. @FryeHebert613 on

      Day trading is where the pulse of the market truly comes alive! Every moment presents a new opportunity, and for those with the passion and precision, the rewards can be monumental. It's not just about quick trades, but about harnessing the power of the market in real-time. Dive in, seize the moment, and let every trade be a step towards achieving your financial dreams,I've personally benefited from following Kerrie Farrell’s trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about her expertise in the market..

    41. @Thedegenden on

      You the man . Been watching you for years. One of the reasons I started my own show. Keep doing what you’re doing, adding immeasurable amounts of knowledge to people for free. You da man don’t forget it

    43. @KandMe1 on

      My reckoning is it will pullback to around $3.30 by the support showing on that chart, maybe $3.20. Who knows when who really knows but speculating can be fun right?

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