CryptoBrainn

ADA usdt Tecnical Analysis

Long
BINANCE:ADAUSDT   Cardano / TetherUS
I stated the target as 1-2-3, but it will not reach these targets. Target 1 might be the entry point.
It's not a coin I like, but it hasn't been in action for a long time.
Assuming it moves within a channel, it also coincides with the Fibonacci levels we predicted.
In this case, the region we specified as Target 1 in the previous chart will work as support. I'm waiting for the price to return from here.
If there is no decline that will invalidate all these assumptions, a bat pattern will emerge. So our selling target will be around 2,400, which is in line with the average 2.618 fibonacci levels.
Considering that it has not been able to start a trend for a long time, I think this target level will be just a start of ignition.
It would be right to make a re-evaluation when we see the main target of 2,400 prices.
Of course, it is inevitable that there will be a pullback at the price of 2,400.
I would like to point out that I have also observed that there are large amounts of money flows to matic and the ada on Money Flow.

Note: This is not investment advice.

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