ADA is at good prices
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ADA is the cryptocurrency associated with Cardano, a blockchain platform. Cardano is a blockchain project that aims to provide a more secure and scalable infrastructure for the development of smart contracts and decentralized applications (DApps).
I start to accumulate ADA in this area because prices are
- Right at the lower trendline of the ascending channel
- Just above the Fib 0.5
If you have any news on their projects, please share in comments. Many thanks!
Note
The latest weekly candleclosed above the support trendline (considered price-action) and Fib 0.5.Note
ADA did a nice bounce of 34%. I'm still DCAing and buy dips if any.Note
Steady moves of ADA (41% since my initial post). Still along way to go (up).Double-bottom has been confirmed -> the bottom is in for ADA.
Note
ADA makes a x3 (+200%) since my proposed buying price. Still a long way to go but let it take its time.Note
Prices have tested againt the trendline and bounced. Long-term target is still ahead in 2025.
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