Over the past 3 days, Cardano (ADA) has broken out of its downtrend, and is seemingly on the rise once again. Volume is not very high, however, so you may want to wait a bit longer to see a strong bullish trend form before taking a position.
If you go long here, it may be smart to set a stop at around 0.6
If you go long here, it may be smart to set a stop at around 0.6
Comment:
4.6k* sats
Comment:
Volume picked up ... but in the wrong direction
Volume picked up ... but in the wrong direction
Here's a look at ADABTC. Similar story - downtrend broken and price is continuing somewhat sideways. Same advice applies: set stop loss near 46k sats if you're inclined to go long now.