$ADA Quick review/Analysis
Now Hovering around 78 cent in a consolidated pattern after certain move.Which level is important and need to watch for today and upcoming days , let's discuss :
1. 0.76 cent , this level is very important to support the current bull trend. $ADA should not trade below this level in comming days.
2. $ADA should sustain and trade above 0.93 cent to continue its current bull trend and achieve Higher target
3. 0.76 to 0.93 is a no trading zone ,so act carefully before you get trap.
4. 0.76 to 0.93 is also a Consolidation zone for Ada.
5.More Sell-off will takes place below 0.76 cent and bullish above 0.93 cent.
➡️ what you can do/strategy to use
1. Put a stoploss just below 0.76 those who hold this coin.
2. And those who want to take new position in this coin Buy near 0.76 with strict stoploss just below 0.76. Add more when it sustain above 0.93 cent
3.Do not mess with the stoploss.
➡️Targets
1.short term - 0.93 & 1.45
2.Long term - Upto 2.5, 3$
⚠️ This is my personal analysis and view on ADA ,so please concern your financial advisor or do research before subjected to any financial activities.
Tips to begginers- Due to macro and micro economic problems there May be a volatility in the market .So suggest maintain trailing stoploss/strict stoploss ,have patience ,sit tide with what you have , maintain position according to your risk capacity.Hope this will help 😊.