Quick and super-simple breakdown of Cardano. (ADA)
Price is falling very correctively here so I'm keeping an eye on how Ada reacts to the 0.98 to 0.94 level as I'm speculating this to be the prime spot for the coin to jump considering the fundamentals. (As long as BTC plays ball lol)
If we do break below the 0.94 level I think the price is likely looking to completely fill the wick targeting 0.75 to 0.70 again but let's wait and see.
Just HODL your stack and buy more when you see an opportunity, for me 0.98 - 0.94 is a smart buying zone then I'd wait as I mentioned if we break 0.94 we will likely hit 0.75, and if BTC wants to drop which it might as we know other coins will follow a lot of the time much more aggressively so patience is key to get those sweet deals.
Price is falling very correctively here so I'm keeping an eye on how Ada reacts to the 0.98 to 0.94 level as I'm speculating this to be the prime spot for the coin to jump considering the fundamentals. (As long as BTC plays ball lol)
If we do break below the 0.94 level I think the price is likely looking to completely fill the wick targeting 0.75 to 0.70 again but let's wait and see.
Just HODL your stack and buy more when you see an opportunity, for me 0.98 - 0.94 is a smart buying zone then I'd wait as I mentioned if we break 0.94 we will likely hit 0.75, and if BTC wants to drop which it might as we know other coins will follow a lot of the time much more aggressively so patience is key to get those sweet deals.