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What's going on guys this is / - I hope you all are doing well I just wanted to put together a quick video for you today just going over a few things with Cardno I know that a lot of us who are involved are looking forward to the upcoming Shelly release. So I just want to touch on some news maybe go over some price action I've I've got trading view pulled up so I just wanted to talk a little bit about what I think the price is going to do in the short to medium term so hopefully you guys enjoy all right guys this is protection. Education thanks so much for watching please be sure to hit that subscribe button if you guys are new to the channel I'm gonna be bringing out some content for. You guys I don't want you to miss it so be sure. To hit that notification bell that way you know when I post a video and if you found something informative out of this video be sure to drop a like it definitely. Helps me out but what I wanted to talk about today was just a couple things with Cardinal the the. Project is really coming along and here we are almost at the end of March and we're gonna be looking for the Shelly update coming up and IOH k also has their summit in April so we're looking. Forward to that potentially an announcement then who knows but we are definitely excited about what the project has going forward so a. Couple of news articles that I found today I just wanted to share with you guys the first is from by Nance they have just released news that they are going to be adding different trading pairs for a DA and you know it's it's just stable coins you've got. What is it here so ADA packs and ADA US DC and it's the same with neo so what. That would mean for Cardno is essentially just greater liquidity for by Nantz and that's really positive to see you know as far as being able to have a cryptocurrency that's liquid it's nice to see trading pairs being added for Cardno so that's very good news. Also I know a lot of the community is looking forward to ledger support Charles Hoskinson actually kind of gave us a little sneak peek he got that ledger with the card on Oh engraved on it so here we have ledger posting on their Twitter saying that they are coming soon one of the most requested. Apps for the ledger nan-oh s so anticipation is pretty huge on this one guys they've got the coming soon. But then they if you look here and see they've got the card down logo kind of in the background so very exciting they're definitely hinting but we're looking forward to Cardinal on the ledger and nos I know I am. Right now Daedalus has been working great for me I'm really excited to see what the UI is gonna be like once they release Shelley but it's nice that we're gonna finally have ledger support coming up here shortly I'm sure so let's take a look at some. Price charts here I know you guys want to take a look and see what we're looking at overall the market it's going sideways right now Bitcoin did have. A little drop we broke through support a critical support line we'll see if we can close. Today above 3940 I would say if we drop below 39 40. We might be looking at 3,800 however right now we are remaining above that price point so we'll see. What the market does you know it's it's definitely about patience right now but as we can see Cardno has moved its way back into the top ten from this what what is it 13 month-long bear market. Something crazy like that but Cardno is back in the top ten so that is very exciting to see it's pushed Ron out of the way and it's actually the biggest gainer out of the top 10 so we're keeping an eye on it guys as far as taking a. Trade let's see what we're looking at here now before we discuss anything in regards to price I just wanted to let you guys know that I'm not. Somebody who's telling you to go out and invest in Cardno I'm not saying that you should do that with your money. I think that you need to make your own decisions and I would definitely recommend you do your own research I'm not your financial adviser so make sure that you know what you're doing with your money but I've got an article pulled up here and this person wrote what the long-term price analysis would be for. Cardinal as we're looking at it right now so I'm just gonna read aloud in the long-term Cardno appears to be in a bullish trend as strong pressure has seen its price. Make three attempts to break the upper area of its range at point zero five two before a breakout occurred on march 19th the trend was confirmed after a pullback occurred on the 21st as the candles formed a bottom once ADA's price dropped to five cents so what in the demand area yeah that's. It's you know it's really just small price action. Right now but we have confirmed that we've broke above this moving average and what we're looking at here. Cardno is in the motion of a retest pulling back down to this EMA is is using that EMA right now as support but let's continue reading the continuation of the cryptocurrencies uptrend was clear when a large bullish candle went past the point zero five three one mark on the twenty second eight as price then rose two. Point zero six five nine five in the supply area this was the high of the week and also the highest high of the cryptocurrency has seen since November 16th of last year the Bears may lose momentum at the three eighth to fib area an area that may see the. Bulls managed to keep their uptrend started thanks to the 1.5 update if the Bears fail to proceed we're looking at the seven cent mark to. Be retested as the bullish momentum. Increases so we're keeping an eye on it guys as far as being in long positions right now I know a lot of people. Are looking at a good entry point I'm not going to be telling you when or when you should not be doing such things because I think you need to come to that. Decision yourself but if we look at the technicals here on the chart I've just got. A fib pulled up and we can. See here were we're kind. Of around this area I've just got the swing low swing high and we're testing this area for support we've got the 20 EMA right. Down here so we'll see if this bullish candle can push up above this resistance area or if we're gonna consolidate and potentially drop. Down we can see that the RSI is overbought. And we're above that 70 points so we'll see if we're either going to move back up again or if we're going to break to the downside I think that. We do have a little it more of a correction do so gonna be keeping an eye on it we can see the MACD also is ready to be coming back down to earth so we'll see the MACD keep an eye on these indicators. Guys but we're looking at this 20 EMA as strong strong support right now so other than that guys you know that's pretty much it as far as car. Donal I'm very excited about the project I'm really looking forward to what happens in the coming weeks as we prepare for Shelly as we prepare for the IO HK Summit I think. It's gonna be a very exciting time Charles Hoskinson has continued with his. Open transparency and just really hard work and dedication to the. Team and to the community so I would. Just like to say thank you to Charles Hoskinson and also guys if you would please be sure to leave a comment let me know. What you guys think I would love to hear your thoughts about cardona are you looking forward to what we've got going on with the price are you looking forward to Shelly yeah let me know and if you guys found something informative don't forget to. Drop. That like that's it for this video guys be sure to.