We are at number nine cardano with the ticker aida. So where are we for ida against bdc yeah we're expecting cardano to form a squeeze over here? Yes, sir i'm, expecting a squeeze uh we're, also expecting carano to drop lower, how much lower yes. This is a noisy area uh, which we are expecting cardano to drop down to yes, uh. I still think that uh more likely than not we should be dropping here. First, before we make any moves towards the upside, which means that we're, anticipating a potential 36 percent drop for karano, so there you go. Things are just not looking good for cardano yet not yet, i think eventually it will, but not yet right, um and so yeah. I don't think now is the time to be um going long for cardano more likely than not. There should be more downside for karano against btc, so be very, very careful about going to a trade too soon, all right, let's move on to aida against usdt. But before that, please give this video a like. If you enjoyed it subscribe to the channel – and let me know what you think about carano in the comments below for cardano against usdt, you are anticipating a mountain range of sorts right, um and once this mountain range completes, i think we're going to be going under The skinny pink line, but there's also potential that things could turn bullish. So at this point of time we are still we're still unclear of what uh the cardinal wheels are trying to do.
I just feel that more likely than not the direction is down. We still have more downside to go for cardano before we go any higher uh and anyway, this doesn't really look like a um bullish continuation chapter. Yet you know we need to form a bullish continuation chart pattern. We need to see big green volume coming in to push uh cardenos price higher. I just don't see it moving any higher yet um, so yeah things aren't really exactly that clear. Yet i think this could be a three wave move. You can even turn into a five wave move towards the upside uh yeah, and so we could move up first before we move any lower. So yeah again, like i was saying, be very careful about going to a trade for karana because we are anticipating more downside against btc. So if he drops against bbc more likely than not, it should also be dropping against usd so be very, very careful about going into a trade too soon all right, i guess that's it from my colorado technical analysis. Thank you very much for watching. I hope you enjoyed it.