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Despite the ADA’s dismal performance, the Cardano price signals significant movements ahead.

Mr. Plan ₿
2 min readOct 30, 2021

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Cardano is the cryptocurrency with the lowest performance among significant market capitalizations.
Gann’s ‘Death Zone’ cycle is completed when weekly candlestick closes below the open for eight weeks in a row.
On the Point and Figure chart, a very bullish pattern is forming.

Cardano’s pricing has been the most disappointing of the major market capitalization cryptocurrencies. It is now selling at a discount of 35% to its all-time high reached the week of September 3rd. Cardano is currently trading at a 42 percent discount to its all-time high. However, positive price activity might be on the way.

The price of Cardano has completed a Gann cycle, indicating that it is poised for a breakthrough on the Point and Figure chart.

Over the weekend, the price of Cardano might rise quickly and violently. The surge is due to the conclusion of a significant cycle in Gann Analysis known as the “Death Zone” cycle, not the Point and Figure chart alone. The death zone, according to Gann, is any motion in a continuous trend/direction that lasts roughly 49 to 52 days. After this cycle, Gann cautioned, markets are prone to…

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Mr. Plan ₿
Mr. Plan ₿

Written by Mr. Plan ₿

Passionate about personal development and investments, I share valuable insights for your success. For collaboration contact us vremaroiua.medium@gmail.com

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