My plan for the upcoming alt cycle, starting with Carndano (ADA). Well known for its solid fundamentals, high chances this project will be among the high gainers if/when the next altcoin cycle starts.
Currently, we're able to draw a high timeframe falling wedge, and after almost a 90% drawdown a relatively cheap project to pick up.
Aiming for an entry at 574 satoshi's, as indicated on the chart, as this is the lowest point in history which ADA has seen. Profit target 1: 1369 (238%) Profit target 2: 4200 (631%) Profit target 3: 7569 (1318%)
Stop loss: Riding this one out without a stop loss, this will be a longterm plan. For those who feel like having a stop loss on your investments, I can recommend anything under 400 satoshi's (the lowest point of the wedge). Don't get faked out!
Best of luck, may the target entry and profit targets get hit, in that order.