Hello dear Traders. I hope you are having a great day.
Today I am looking at the large picture of ADA chart. As you can see price is moving a ascending channel long term and in the descending channel
short term. In my opinion correction will finish once price touches the bottom of the ascending channel around 1.4$. But I would start buying ADA if
I were you at the current prices. You can DCA until 1.4$. Short term targets are shown on the chart and long term target of ADA can be when it touches
the top of the ascending channel.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on ADA and don`t forget to comment what you think. ✌
Today I am looking at the large picture of ADA chart. As you can see price is moving a ascending channel long term and in the descending channel
short term. In my opinion correction will finish once price touches the bottom of the ascending channel around 1.4$. But I would start buying ADA if
I were you at the current prices. You can DCA until 1.4$. Short term targets are shown on the chart and long term target of ADA can be when it touches
the top of the ascending channel.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on ADA and don`t forget to comment what you think. ✌
