ADA ready for another go

3 במרץ 2021

After a 25% drop, in line with the current market, we could see a further continuation to the upside. I'm expecting a touch of the first support zone. If we then put a stop loss below the second support zone a rally towards the most recent high will give us a nice 3.5 R:R

A strong move could take us to the next resistance at 3840 sats (dating from 04/2018)

Are you bullish or bearish on Cardano?