Hello to all the Ada hodlers out there. I bring you my humble opinion on the Ada graph, if you like it please let me know you're on board, but if you think I'm way off also tell me.
As you can see, I have drawn out 2 demand/supply zones. We have interacted with them quite often. I see us breaking the $1.90 mark in 2 scenarios -
1 - If we stay over $1.80 it would be to grab liquidity and shoot for the moon in a nice bull run.
2 - If we drop below $1.80 it would be us heading to my lower demand zone which has also saved us plenty of times. I expect us to rebound around the $1.05 mark and then fly straight up.
I do have long positions open on ADA all over the chart. Furthermore, I plan on averaging down some of the times I went in at higher prices, and then I plan on grabbing alot of tiny amounts as this plays out.
THIS IS NO FINANCIAL ADVICE - MY GUESS IS AS GOOD AS YOURS, I just chose to put mine on a graph.
As you can see, I have drawn out 2 demand/supply zones. We have interacted with them quite often. I see us breaking the $1.90 mark in 2 scenarios -
1 - If we stay over $1.80 it would be to grab liquidity and shoot for the moon in a nice bull run.
2 - If we drop below $1.80 it would be us heading to my lower demand zone which has also saved us plenty of times. I expect us to rebound around the $1.05 mark and then fly straight up.
I do have long positions open on ADA all over the chart. Furthermore, I plan on averaging down some of the times I went in at higher prices, and then I plan on grabbing alot of tiny amounts as this plays out.
THIS IS NO FINANCIAL ADVICE - MY GUESS IS AS GOOD AS YOURS, I just chose to put mine on a graph.