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The Price Of Cardano Go During This Market Cycle

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@cryptopoints
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We got a nice pullback after getting rejected about 28 pullback perfectly healthy when we get a massive move up from this breakout we get a massive move of 160 in a matter of three weeks it is nice to see a little bit of a pullback we don't get too ahead of ourselves so that's the weekly our 20 week moving average is all the way up at about 19 cents which is good to see it's now above this consolidation area we did get a pullback it probably would be coming down like this 20 week moving average would probably be coming up like this
We would probably get a bounce off that or we would get a bounce off which would coincide with the top of this support kind of flipping old resistance as new support that's the two downwards targets if we continue but it also is very possible that we could go up to the upside t just because and we got rejected the last two times does not mean it has to happen again so that's going to go out next chart that is the four hour lot going on i'm going to go through what each thing means so we obviously have our red resistance line which is the same resistance line of our upwards on the weekly that's what that red line is there and we're consolidating under that red line on the four hour We also are kind of in this rising wedge where we got one little fake out up but other than that we keep getting rejected off the top of that this upwards and we also have our downward support which is you know we're wicking down to it with insane by pressure every time you see these massive wicks showing massive buy pressure at the bottom of this rising wedge can't save say the same for the top sellers are getting exhausted in my opinion and buyers are just scooping up these dips as you see by these crazy wicks on the bottom

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