ADA IS AT A NICE PSYCHOLOGICAL ZONE OF $1.2

Cardano / TetherUS BINANCE:ADAUSDT

Rawlings_NG

I remember buying this asset at $0.9+ as displayed in my ADA analysis. I also remembered selling off after making some good profit. But the sale was a premature sale compared to what the price is now.

anyway, ADA has rallied to $1.2 zone following all the beautiful tokenomics ( positive news) lately. However, I see ADA coming down to $1 zone once again, if this ever happens, then it will be AN AMAZING opportunity to buy this asset once again.

Long term, I see ADA pushing up to FIB38.2, FIB50 and FIB61.6 which happen to be $2.2 zone.

always remember that fundamental has a significant effect in crypto trading or investment.

KINDLY:
LIKE, COMMENT, FOLLOW AND CRITICIZE THE TECH ANALYSIS.

You might be interested in …

Trading View April 22, 2022

XRPUSD – 3 -5 dollar

XRPUSD – 3 -5 dollar XRP / U.S. dollar BITSTAMP:XRPUSD CryptoColugo XRP loves to create giant patterns, mostly when a giant pattern breaks out we see some huge moves. Currently we are forming a giant […]

Trading View February 28, 2022

Can rally continue or buy on pull back

Can rally continue or buy on pull back Ethereum / TetherUS BINANCE:ETHUSDT Aussie-scalper After a fairly good spike up challenging the downtrend, a fairly deep two – legged correction failed to bring in a lower […]

Trading View May 3, 2022

BTC Macro – Is $20,000 REALLY Likely?

BTC Macro – Is $20,000 REALLY Likely? Bitcoin / TetherUS BINANCE:BTCUSDT AdrianTraydes $29,000/$30,000 is major support. If breached, expect $20,000. If THAT is breached, expect $12,000 or lower. However, I am skeptical about the $20,000 […]