ADA looks pretty weak, but looking at the broader scenario hints a reversal may be not that far (in term of weeks).
Accumulating (DCA) on ongoing and/or further weakness here makes for a good R:R case due to high market cap, in my opinion.
Any further dipping down may well hint a bear trap in the making, given CMF and MACD.
First target above the 0,7$ mark.
To be evalutaed in 6 months.
DYOR.
Accumulating (DCA) on ongoing and/or further weakness here makes for a good R:R case due to high market cap, in my opinion.
Any further dipping down may well hint a bear trap in the making, given CMF and MACD.
First target above the 0,7$ mark.
To be evalutaed in 6 months.
DYOR.
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Lot bought at 0,285 $
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Another one bought at 0,255 $
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Pretty overstretched (TD count 14), oversold RSI on W:
Bought one more lot at 0,246.
Won't buy more, unless i see a falling knife.
Bought one more lot at 0,246.
Won't buy more, unless i see a falling knife.
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Breaking 0,39 on a weekly close would be rather bullish.
Not that far.
Not that far.
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Looking good, bullish if able to consoilidate above 0,39$ high.
Obviously a pullback of BTC would damage the short term scenario, yet similarly to DOT i think medium term (about 12 month) it looks good.
Red box would be an ideal target.
Let's see.
Obviously a pullback of BTC would damage the short term scenario, yet similarly to DOT i think medium term (about 12 month) it looks good.
Red box would be an ideal target.
Let's see.
It's all good, but it needs collaborative BTC/ETH in order to avoid a rejection.
same as DOT and most alts.
We'll see.