Tez8

ADA - Did you buy the Cardano "Dip"?

לונג
Tez8 מעודכן   
BINANCE:ADAUSDT   Cardano / TetherUS
SUMMARY: Long, this may be the last heavy correction before the end of the crypto Bull Market that started in October 2020.


Cardano is one of the most solid blockchains available and is 60% off its recent highs.


Are you buying this dip?


The sell off was driven by the BTC dump , extended further by leverage flush. Also news that BitTorrent was delisting ADA.

However, the much bigger and older Crypto Exchange Bitstamp recently added ADA to offerings.
הערה:
On the 1H price is above the EMAs bullish uptrend

Bottom was confirmed already , with large volume.


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