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Cardano / TetherUS
Updated

ADA is at good prices

3451

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.
snapshot
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.

snapshot
Note
ADA makes a x3 (+200%) since my proposed buying price. Still a long way to go but let it take its time.
snapshot
Note
Prices have tested againt the trendline and bounced. Long-term target is still ahead in 2025.

snapshot
evasivesteering
Also on:
ADAUSDTFibonacciSupport and Resistance

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ADAUSDTFibonacciSupport and Resistance
evasivesteering
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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.