Things may look bad right now, very bad: multiple red candles with little to no wicks, trading below the 9D EMA, 100D MA, and 200D MA. However, the undeniable potential that ADA may go to .000024 range is definitely real:
So with that, it’s just a matter of your pain threshold and how greedy you want to be to get the absolute best price for this coin. The .618 and .786 fib time zones are coming up very shortly, so we’ll see either a 78.6% retrace or a 90% retrace, and after that, we’ll resume our up trend unless the crypto god hates us.
Entries: half at .00002220 and other half at .00002 Stop below .001850 Target: .0036, take half profit at .0024, and spread the rest all the way up to .0036
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
Now we wait
Comment
⋅
Correction on on Trade instructions:
Entries: half at .00002220 and other half at .00002 Stop below .00001850 Target: .000041, take half profit at .000034, and spread the rest all the way up to .0041
Are we able to entry after trx mainnet launch or would it be to late.
Great analasys keep it up
Kinashi_San
⋅
@Gmaildotcom, entry ADA or TRX? I just posted another idea on ADA. Was too conservative with this one
Gmaildotcom
⋅
Great on point prediction to bad ada did not make it low enough to your point of entry.
Good job
biplav32
⋅
Why are you so bullish on ada when you are bearish on btc
Kinashi_San
⋅
@biplav32, it's all in the timing. We may break past the resistance at 4100 or we might just see a double top. However, I do see a short bullish BTC trend coming after the end of this month since most of the coins are heading towards key supports, are at support or have already bottomed out.
biplav32
⋅
@Kinashi_San, If you have time could you do chart neblio?
batstat
⋅
Why not wait till it bottoms out? I wouldn't be touching fire till its gone out.
Kinashi_San
⋅
@nixdice, there's a number of factors at play that are not within this idea since I do try to keep my ideas simple and easy to understand. One of them being BTC reached my target of 7100 range and is expected to recover in June.
ibrahem993
⋅
i bought it from 3800st :(
now i got a heavy red BAG
any advise ?
PetrisorBitcoin
⋅
@ibrahem993, hodl, i bought 4000$ worth bcn at 135 sats, 1500$ worth ada at 3000 sats and 1000$ worth neo at 8800 sats, so you're not alone in this blood bath my friend
Great analasys keep it up