hughestu

Consolidation for ADA

BINANCE:ADAUSD   Cardano
BUY LOW - SELL HIGH. BUY LOW - SELL HIGH

ADA: Drops 40% over 7 days, correction.
Drops 33% over 3 days, correction.
Drops 50% over 7 days, correction. and now we see some consolidation (relatively speaking) over 25 days.

My point is a simple one; cardano has dropped and dropped and dropped and then dropped again, the 3 month long bear trend has seen bull trap after bull trap and now after a good long period of relative market consolidation bouncing off $0.285, I think it's a good to enter cardano and "buy low". Yes, a further decrease is possible but after this long and drawn out, and also necessary, correction I think it is more likely that we will see the price move back up.

I bought at $0.29, I believe this was a good price to get cardano.


Disclaimer: This is not advice, this is completely my opinion based on speculation. Never buy more you are willing to lose.
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