ADA was one of the big winners back in December and since then has fallen from grace (as with most coins on the market).
We can see a HUGE cup and handle formed on ADA along with a double top very similar to most charts on the market. A trade does exists at the moment as ADA has seen some strong buying support and is fighting to move north. As with a lot of trades in this market, this one will require some patience but there is a lot of solid news to drive this north.
On May 15th Cardano 1.2 will go live along with a Test Net Update on May 30th. Unsure if investors/pumpers will push the coin based on the news however it is going to be a good development for the coin.
There is a short-term trade that will bring you around 8-15% ROI. This will take about 1-5 days to develop. BUY: 3000-3400 Sell: 3550 - 3700 - 3800
THIS WILL ME A MEDIUM TO LONGTERM TRADE: IF YOU ARE WILLING TO WAIT AND WATCH THIS CROSS ABOVE THE LINE. A lot of day traders here, but everyone needs to a get a little more long-term vision on their coins. ADA will cross the blue line forming the top of the cup and handle and can potentially push towards these long targets:
4000 4200 4300 4500
Good luck and happy Hunting,
Reg
تعليق
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T1/T2 almost hit. Current market is 3652. Easy money. 5% already on the short term call.
+8000