ADA at the crossroads
Cardano has dumped a lot since it's ridiculous Coinbase listing and has been in consolidation ever since.
Now we have arrived at the end of this correction and now is the moment to breakout up or down...
I personally do not know, ADA shows bullish and bearish signs and I currently have no position but this might change when we get a confirmed breakout.
I slightly lean towards a breakout to the upside during eater holidays but ADA does need a lot of billions to move into ATH direction.
This is why I prefer not to trade ADA at the moment and the market seems to agree... Keeping ADA on my watchlist to keep an eye on a potential breakout.
Check the links below or my profile for my preferred alts at the moment.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Now we have arrived at the end of this correction and now is the moment to breakout up or down...
I personally do not know, ADA shows bullish and bearish signs and I currently have no position but this might change when we get a confirmed breakout.
I slightly lean towards a breakout to the upside during eater holidays but ADA does need a lot of billions to move into ATH direction.
This is why I prefer not to trade ADA at the moment and the market seems to agree... Keeping ADA on my watchlist to keep an eye on a potential breakout.
Check the links below or my profile for my preferred alts at the moment.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
Publications connexes
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.