Yuriy_Bishko

📈ADA: the support area hold the price! Where to open long?

BINANCE:ADAUSDT   Cardano / TetherUS
After the last idea of ADA only the trendline is changing. The price return to the support value area of $0.45-0.48 and volume isn`t grow as expected.

The volume growth should show to us the pressence of buyer but after the such massive dump maybe the whales don`t need additional liquidity and ready to the pump after the squeeze and trendline breakout.


As i mention before, the targets are in many ways depends on BTC growth. If BTC starts to pump ADA can reach all the value areas:
🔶 $0.51-0.52
🔶 $0.55-0.57
🔶 $0.62-0.64

Now we see how ADA almost copy BTC movements so to open a long keep an eye on the top-1 crypto. If BTC reach 23-25k at least 2 of 3 targets will be reached also.

💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Trade active: First target are reached. BTC is still in local consolidation, we should wait for upcoming strong movement.

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