Cardano / Ethereum
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Cardano – ADA/ETH – Bullish 5th Wave

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
Nota
Wave Count Update:
syot kilat
* 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
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Retracement finalized, Cardano could start a Rally which could make it triple in value.
syot kilat
Nota
Bullish Extension in progress:
syot kilat
Nota
Minuette (iv) complete, Bullish Extension in Minuette (v) in progress.
syot kilat
Nota
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.

syot kilat
Nota
Correction in Minor 2 unfolded.

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

Possible Bullish turn.

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

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