Hello traders and investors! 👋👋😄
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.🤍👀
Let's see how price action behaves once (and if) we reach approximately ~1.71, and potentially take some profit there.⭐
Risk for investing right now could be considered great because many still think BTC is not done with it's downtrend.✌
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.☕☕
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 charts1️⃣2️⃣3️⃣📈 when making a big investment!!!🆗💲
Thank you for considering this short technical-analysis of CARDANO!😛🐮
** 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! 🆗📆📌🖊
Thank you so much!!
🛑🛑🛑This is never financial advice🛑🛑🛑 I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!
Jazerbay 🐶