f-73

Weakness is a > 2x opportunity.

לונג
f-73 מעודכן   
BINANCE:ADAUSDT   Cardano / TetherUS
ADA looks pretty weak, but looking at the broader scenario hints a reversal may be not that far (in term of weeks).

Accumulating (DCA) on ongoing and/or further weakness here makes for a good R:R case due to high market cap, in my opinion.
Any further dipping down may well hint a bear trap in the making, given CMF and MACD.

First target above the 0,7$ mark.
To be evalutaed in 6 months.

DYOR.
הערה:
Above support, diverging and nearing edge.

It's all good, but it needs collaborative BTC/ETH in order to avoid a rejection.
same as DOT and most alts.

We'll see.
הערה:
הערה:
Lot bought at 0,285 $
הערה:
Another one bought at 0,255 $
הערה:
Pretty overstretched (TD count 14), oversold RSI on W:


Bought one more lot at 0,246.
Won't buy more, unless i see a falling knife.
הערה:
Breaking 0,39 on a weekly close would be rather bullish.


Not that far.
הערה:
Looking good, bullish if able to consoilidate above 0,39$ high.


Obviously a pullback of BTC would damage the short term scenario, yet similarly to DOT i think medium term (about 12 month) it looks good.

Red box would be an ideal target.
Let's see.
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