Cardano is in a global trading range between $1 and $1.5. It is worth pointing out that the coin has already corrected by 60% from its high, which is a very strong correction. And after such a fall, it is worth looking for reversal points.
We still believe that the market is still in a bull market despite such a strong decline.
But it is worth highlighting that the best opportunity to buy ADA would be a false breakout or a rebound from the lower boundary of the trading range. But that does not mean that the price cannot go up from the current levels.
It is worth pointing out that we do not take positions in altcoins for more than 25% of our capital, we advise you to do the same. Plus make sure you have a clear strategy for trading!
💚Like us, subscribe and write down what you personally expect from the market now. Links below
We still believe that the market is still in a bull market despite such a strong decline.
But it is worth highlighting that the best opportunity to buy ADA would be a false breakout or a rebound from the lower boundary of the trading range. But that does not mean that the price cannot go up from the current levels.
It is worth pointing out that we do not take positions in altcoins for more than 25% of our capital, we advise you to do the same. Plus make sure you have a clear strategy for trading!
💚Like us, subscribe and write down what you personally expect from the market now. Links below
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