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VercettiTrades
Mar 17, 2022 10:53 PM

ADA Logarithmic Channel 

Cardano / TetherUSBinance

Description

This is the Cardano (ADA) Logarithmic Channel.

All lines on the chart represent support/resistances.

We could bounce at ANY of these Supports, and pull back from ANY of these Resistances.

My Dollar Cost Average buying are at these prices:
T1: $.90 - 1.00
T2: $.70 - $.80
T3: $.40 - $.44

This is not financial or investing advice. Do your own analysis and your own research.

Comment

.40c target was hit perfectly, we are now sitting in the middle of the .40 - .70 range. Next place I will be looking to DCA into (if we get there) will be in the ~.30 and ~.20 area. I will continute doing this until October 2022 which I expect the market to start grinding up slowly as we lead into the next BTC halvening.
Comments
VercettiTrades
October is here and we have hit the bottom of the channel perfectly at our October timeline and bounced. Expect volatility as BTC will have a fight moving forward into the 21k rage. BTC forced down to the lows again could crash some charts momentarily.
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