Bulls at the Helm: ADA (Cardano) Defense of Key Demand Zone
⚪ Cardano (ADA) has exhibited the resilience of bulls defending the critical $0.23 demand zone, which notably acted as a safety net on multiple occasions, particularly in August and October.
⚪ The recent surge in ADA's price levels, culminating in a new higher high, serves as a promising indicator of a potential bullish trajectory. While the increase might not be as hight as other altcoins, we anticipate a 50% surge in the weeks to come, albeit preceded by a minor correction.
⚪ The expected pullback should find support near the widely recognized 61.8% Fibonacci retracement level, providing an enticing risk-reward entry point. Our detailed trade setup will be shared in our channel shortly. Keep a close watch for updates.
⚪ The recent surge in ADA's price levels, culminating in a new higher high, serves as a promising indicator of a potential bullish trajectory. While the increase might not be as hight as other altcoins, we anticipate a 50% surge in the weeks to come, albeit preceded by a minor correction.
⚪ The expected pullback should find support near the widely recognized 61.8% Fibonacci retracement level, providing an enticing risk-reward entry point. Our detailed trade setup will be shared in our channel shortly. Keep a close watch for updates.
Trade fermée: cible de profit atteinte
📱 Telegram: t.me/Tradensee
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
📱 Telegram: t.me/Tradensee
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.