jiayongg
commented on and voted
$Cardano (ADA.CC)$
Can we just step back and look at what has historically happened for Cardano in the bull run back in the previous cycle?
Just take a look at weekly chart back in 18 Jan 2021 with reference to the exact moment that we are in right now. The resemblence is simply uncanny. Cardano had a small pump, leading into 2 weeks of consolidation, similar to the current situation that we are in, before it went straight into a parabolic move and eventua...
Can we just step back and look at what has historically happened for Cardano in the bull run back in the previous cycle?
Just take a look at weekly chart back in 18 Jan 2021 with reference to the exact moment that we are in right now. The resemblence is simply uncanny. Cardano had a small pump, leading into 2 weeks of consolidation, similar to the current situation that we are in, before it went straight into a parabolic move and eventua...
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jiayongg
commented on
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$XRP/SGD (XRPSGD.CC)$
Brad Garlinghouse has just received final approval for the launch of the Ripple stablecoin. Could this be what we need for take off?
The introduction of the Ripple stablecoin may offer a more stable investment avenue, appealing to risk-averse investors who are wary of traditional, volatile cryptocurrencies. However, it is crucial for investors to perform their own due diligence and stay informed about regulatory changes, technological developments, and marke...
Brad Garlinghouse has just received final approval for the launch of the Ripple stablecoin. Could this be what we need for take off?
The introduction of the Ripple stablecoin may offer a more stable investment avenue, appealing to risk-averse investors who are wary of traditional, volatile cryptocurrencies. However, it is crucial for investors to perform their own due diligence and stay informed about regulatory changes, technological developments, and marke...
jiayongg
voted
$Cardano (ADA.CC)$
To reiterate my previous point. Why are dips and consolidations necessary and healthy?
Dips and consolidations are necessary to get rid of traders with paper hands. During the bull run, many novice traders rush and FOMO into the pump. As a result, consolidations are needed to force paper hands to sell. Without consolidation, massive crashes would occur as paper hands would sell at the slightest sign of volatility.
As such, consolidations would help bu...
To reiterate my previous point. Why are dips and consolidations necessary and healthy?
Dips and consolidations are necessary to get rid of traders with paper hands. During the bull run, many novice traders rush and FOMO into the pump. As a result, consolidations are needed to force paper hands to sell. Without consolidation, massive crashes would occur as paper hands would sell at the slightest sign of volatility.
As such, consolidations would help bu...
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$Cardano (ADA.CC)$ Embrace the dips. We need them. Historically, dips will lead to all time highs. Consolidations and dips are absolutely necessary and healthy for the market.
I was already bullish for this cycle and that was before:
-Pro Crypto President
-U.S. BTC Reserve
-No Crypto capital gain tax
-Elon Musk running a U.S. department called DOGE
-Pro-Crypto Congress
-Gensler resigning imminently
-MAGA goes global
-Record ETFs
Dips are much necessary before a big pump, embrace i...
I was already bullish for this cycle and that was before:
-Pro Crypto President
-U.S. BTC Reserve
-No Crypto capital gain tax
-Elon Musk running a U.S. department called DOGE
-Pro-Crypto Congress
-Gensler resigning imminently
-MAGA goes global
-Record ETFs
Dips are much necessary before a big pump, embrace i...
7
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jiayongg OP : I know my chart is a little hard to read as it is screenshotted from my phone but you guys can take note of the dates and refer to your own charts. Another thing that we need to take note of now are the candles interacting with the 20 days moving average. How it interacts will give us an idea of what is coming up ahead. So are the bull market doors going to be broken?