Analysis of Currency $ADA
Current Price 0.867
Entry Price 0.855
Target 1
0.885
Target 2
0.895
Target 3
0.908
Stop Loss
0.82
ADA is in a strong downward correction (-8.6%) but it has reached oversold levels.
The areas 0.855 – 0.870 are considered a good speculative entry opportunity if they are not broken.
Any rise above 0.89 will give a positive signal to return towards 0.91 – 0.96.
Risk Management:
Do not enter without a stop loss.
Do not risk more than 2% of capital on each trade.
