ADAUSD btc (ticker: BTC) hits an ATH and ADA still needs a 4x to reach peak exit liquidityCardano forum
ADAUSD btc (ticker: BTC) hits an ATH and ADA still needs a 4x to reach peak exit liquidity
ADAUSD Still looks good. There is strong support at the .50 cent level. I will only start to panic if we lose that level but at this point it is not likely we do so with the market waking up. We are still in a long-term up-trend and have continued to build higher lows since the spring of 2020. Our next target will likely be $1.50. There is a chance that the cycle ends between September and December. If Ada does not breach $1.50 this month, I'll have less confidence of it breaking its ATH this cycle. If the trend continues, a cycle high would put us around $8 in September which is highly unlikely from the current price unless Ada moves now. A $3 Ada is more realistic in that time frame. There just simply is not enough time. I will need to re-evaluate if the market is overbought in the fall and if an extended cycle is likely. Either way I will probably be derisking from Ada at that point.
ADAUSD Target hit!I don't believe we are done. We might have a few slow days ahead for the EMAs to catch up, but after that I expect ADA to break above that $.84 resistance. I do have to point out that BTC is also going through a mini consolidation, creating a flag, so the next pump could happen over the weekend.
At this moment, price has reached POC, for the current trend to continue, we need to stay above $.71.
ADAUSD I think not so many correlate what the development of AI in coding means for cardano. The main issue was always that there are not enough devs to develop because the programming language was complex. Guess what, cardano now starts to not have that kind of problem anymore.
ADAUSD it feels like we are going to break the 0.83 heading to $1.0ADAUSD Breakout happened and my next target is at $.80.A retracement after we hit that target is acceptable, breaking above that target is highly acceptable lol.
ADAUSD ill buy this trash when it crashes back to 30centsADAUSD this coin is completely dead wtf
ADAUSD the breakout is imminent ... this next major wave sees us at $1.50 (200% opp)ADAUSD Fingers crossed this whole weekend hoping for a breakout on ADA.