blbenne0

Long term support broken

Short
blbenne0 Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
I can see ADA falling to the next support at around 0.063 - 0.065 if there is still no positive catalyst for ADA. I would believe something like the full release of the Shelley update or Coinbase listing would reverse the trend.
Trade closed: target reached:
Looks like the price dropped to around 0.0625 and bounced off that price. I was pretty damn close. Look for consolidation around support and a likely bounce back up as Ada is very oversold at this point.

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