Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Let's take a quick look at short term and near term for Cardano / ADAUSDT . It's very clear from the chart that we are currently trading in the accumulation phase (Wyckoff Method). This means that the bottom is possibly in, or, we could make one final wick to test the lower support level. Watch this 4min video to find out more.
Related News Highlights in Crypto 👀
❗ Blackrock launches private trust, offering clients exposure to spot Bitcoin (bullish for BTC) ❗ Binance will support the Monero XMR upgrade (bullish for XMRUSDT) ❗ Ripple shows interest in acquiring assets from bankrupt Celsius Network (good fundamental case for XRPUSDT) ❗ Ethereum POS (proof of stake) merge estimated for 15 September (expect price volatility for ETH)
If you're interested in Ethereum, check out this idea :
If you're new in this space and want to learn a bit more about blockchain and DeFi, this one is for you:
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