Hello traders and investors! ๐๐๐
I was excited to see that we have reached my first bull point for ADA after bouncing up and out of a major trend (blue-dashe -line.)I am now looking for some type of retest/come down a little bit before more up.๐ค๐
Let's see how price action behaves once (and if) we reach approximately ~1.71, and potentially take some profit there.โญ
Risk for investing right now could be considered great because many still think BTC is not done with it's downtrend.โ
On the other hand, I do not want to underestimate proof-of-stake coin ADA as it has been extremely fundamentally strong, and technically is showing us that the bulls could be waking up now.โโ
I expect to see us reach some of our targets listed above, that being said, I always suggest doing further research and looking at multiple charts1๏ธโฃ2๏ธโฃ3๏ธโฃ๐ when making a big investment!!!๐๐ฒ
Thank you for considering this short technical-analysis of CARDANO!๐๐ฎ
** NOTE **
This will be my last chart posted in USDT, I will be moving to alternative pairs as USDT is frankly not safe and we recently heard some bad news about it! ๐๐๐๐
Thank you so much!!
๐๐๐This is never financial advice๐๐๐ I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss โ๐๐ฒ set
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Thank you so much!!!
Jazerbay ๐ถ
I was excited to see that we have reached my first bull point for ADA after bouncing up and out of a major trend (blue-dashe -line.)I am now looking for some type of retest/come down a little bit before more up.๐ค๐
Let's see how price action behaves once (and if) we reach approximately ~1.71, and potentially take some profit there.โญ
Risk for investing right now could be considered great because many still think BTC is not done with it's downtrend.โ
On the other hand, I do not want to underestimate proof-of-stake coin ADA as it has been extremely fundamentally strong, and technically is showing us that the bulls could be waking up now.โโ
I expect to see us reach some of our targets listed above, that being said, I always suggest doing further research and looking at multiple charts1๏ธโฃ2๏ธโฃ3๏ธโฃ๐ when making a big investment!!!๐๐ฒ
Thank you for considering this short technical-analysis of CARDANO!๐๐ฎ
** NOTE **
This will be my last chart posted in USDT, I will be moving to alternative pairs as USDT is frankly not safe and we recently heard some bad news about it! ๐๐๐๐
Thank you so much!!
๐๐๐This is never financial advice๐๐๐ I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss โ๐๐ฒ set
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Thank you so much!!!
Jazerbay ๐ถ
Trade closed: target reached
Target 1 achieved ๐ trade closed. Watching the market here and looking bearish.Thank you
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.
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.