BREAKDOWN
Defi EcoSystem - being integrated into lending, yield farming, stablecoins, and more within Cardano DeFi.
Solid Fundementals +
Loyal Customer Base
If Hydra scaling, DeFi adoption, and governance features gain
traction this cycle, ADA could perform well.
One of the tickers thats been a slow mover compartively to
others but is one worthy to hodl
Looking for DCA triggers @ 0.6534ish in the next couple of months while btc can add confluence to the bias by filling lower inefficiencies before moving higher and start an alt season,
Got the Rejection of the Prl (Previous Range Lows) which acted as a local Demand region - too many bids siting @ market price to push the selling pressure lower,
PA will start to accumulate back @ 0.6534ish getting the Orderblock fills added confluence of the prev Bpr (Breaker block) hold that intiated the Move Up,
Leg Up to retest the Prl again while consolidating on the highs to
gather more liquidity before the Squeeze to the Upside.
DCA REGION
- 0.65634
TARGETS
- 2.1, 2.8, 3.33
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.