Cardano ADA ADA stacking is at $23B
its market cap at $32B
so it can drop proximately about 30% more to the 0.6 cents area in this crash ( wishful thinking )
My Buy Zone for Cardano is at 0.67
Adusdt
$ADA multiple scenarios aheadThat's why trading is so interesting, right ?
$ADA could form an inverse Head and shoulders on 4h.
It could make it's last down leg if the overall market will correct a little, as we can see it right now. Last leg could go around WEEKLY DEMAND at BROWN Channel.
Still a cup and handle in play if H&S will form.
I personally believe that crypto market will see it's final leg up untill spring/summer 2022 and ADA will be one of the main stable coins around there.
Everyone will hype on shitcoins but real investors will try to secure their investments in stable coins.
Im watching ADA very closely and jump in it when its ready.
ADAUSDT is Just getting started, REAL BREAKOUT ABOUT TO HAPPEN Don't Miss another opportunity to make good Bags from ADUSDT as the Printer is about to go Braaaahh ones more and this time it is likely to print even more greens.
retracement to the 0.81 to 0.82 zone will be a likely but for better Entry point, wait for the breakout to happen around 0.9 zone
Thanks for your likes and support.
ADA/USDT 4H (Binance Fut.) Ascending channel facing resistanceCardano has grown parabolic after breaking that bullish triangle and is at resistance again, like VeChain.
We could revisit the mid-line of the parallel channel before continue the uptrend, or maybe even retest the Trendline.
Current Price= 0.08582
Sell Entry= 0.08572 - 0.08812
Take Profit= 0.08097 | 0.07512 | 0.06568
Stop Loss= 0.09287
Risk/Reward= 1:1 | 1:1.98 | 1:3.57
Expected Profit= 27.40% | 54.32% | 97.76%
Possible Loss= -27.40%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 4x
Estimated Gain-time= 240h
