Cardano Bullish · Remember The Bigger Picture (Long-Term Growth)

20 thg 8

Remember the bigger picture, Cardano is growing.

Good afternoon my fellow Cryptocurrency trader, I hope you are having a wonderful day.

The rise started in June and so far we have only a very small wave. If you look back at November 2024 you can see how much growth was produced in just four candles, really strong.

The fact that this move started fast and had too much force, also meant an early demise and this led to a correction. The new wave started in June and four weeks green is only a small advance. After these four weeks green in early July we have two red weeks followed by additional growth.

Now we have a total of 9 candles since the June low. Compare this to the November 2024 wave, it had 5 candles total, the entire move. Here comes the alternation.

The previous wave was short in duration, fast and steep. The current wave will be long in duration and take its time to develop. Cardano has been rising not since June 2025 nor August 2024 but since June 2023, a very strong and prolonged bullish cycle. We are only missing a bull run phase. The market is in no hurry though, it can produce a bull run phase in two months just as it can do it in six months. We will know better as the bull market unravels.

Last week ADAUSDT produced the highest volume since last year on a single session. This is pretty good and interesting. This volume comes up after the move is already a month old. The volume is higher than normal but not super high. This tells us that whatever is happening now is only the start of something bigger.

Cardano will continue growing is the message coming from this chart. Cardano has so much more to give. How will it all develop? I don't know. But I can tell you that Crypto will continue to grow, the charts are saying long-term... We will see how it goes.

Namaste.

22 thg 8

Giao dịch đang hoạt động

Here is Cardano on the weekly timeframe:

You can see the action happening above all the moving averages plotted on the chart. EMA8/13/21/34/55/89/144/233/377 & SMA200. Last week produced the highest volume since December 2024, more than eights months ago. Last week was a bullish week.

Let's look at Cardano closer and see where we are at now. Daily timeframe, ADAUSDT.


Here interesting is the fact that we have a clear rising wave. The action is happening safely above MA200. Cardano is ultra-bullish above this level. As long as ADAUSDT trades daily above MA200 ($0.72), we have very strong bullish conditions.

Notice here also the really high volume on a green day. Notice relatively low volume on the red days. Again, a rising trend... ADA will continue growing; focus on the bigger picture, forget the short-term. We are going up.

Namaste.