ADAUSD
I think we all saw ADA hitting almost 1$, actually on the daily chart it looks like it went just above (manipulation? I don't know).
We see some support around 0.8$, but I won't be surprised if we go lower like we did 2 days ago, hitting 0.68$.
You just can't expect this rocket to go higher without dropping 30% to refuel from time to time.
You can draw the wedge differently, more like a bull flag, or see it as sideways action waiting for BTC to make a move. I just don't mind going lower to buy more, but that's only because I bought ADA before Christmas and sold a small portion around the big even.
Anyway I am bullish in the long run, can't wait for Goguen (integration of smart contracts) to roll out, expecting ADA to climb way above 1$. Won't make a price prediction, we'll just have to see.
Please do your research and create some sort of strategy before buying.
Let me know what you think in the comments below.
We see some support around 0.8$, but I won't be surprised if we go lower like we did 2 days ago, hitting 0.68$.
You just can't expect this rocket to go higher without dropping 30% to refuel from time to time.
You can draw the wedge differently, more like a bull flag, or see it as sideways action waiting for BTC to make a move. I just don't mind going lower to buy more, but that's only because I bought ADA before Christmas and sold a small portion around the big even.
Anyway I am bullish in the long run, can't wait for Goguen (integration of smart contracts) to roll out, expecting ADA to climb way above 1$. Won't make a price prediction, we'll just have to see.
Please do your research and create some sort of strategy before buying.
Let me know what you think in the comments below.
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