Cardano (ADA) to $3.50
So many messages on ADA. Buy / Sell?? “I saw you’re short from $3 and dismissed it – he’s mad”, “I saw the 50 cents idea, always spreading FUD” etc etc. lots of anger, lots of emotion. Folks emotion is a money killer. When I publish those short ideas they are not without study. And for free!
Is ADA a buy? Of course it is. Why?
Real real simple..
On the above 3-day chart the RSI is highlighted with two thick orange lines. You see RSI below 33, it’s a buy. Above 77 (on 3-day chart remember), it is time to consider managing risk.
Right now RSI is at the same level as it was in December 2018 around 2-3 cents. This is a fantastic buying opportunity at this time. A buy from 37 cents is amazing if you can get it.
On the 3-day ADA / BTC pair (below) a ‘incredible buy’ signal prints within the falling wedge , a breakout would result in a 500% increase.
Is it possible price action falls further? For sure.
Is it probable? No.
Good luck!
Ww
Type: Trade
Risk: <=6% of portfolio
Timeframe: 1-4 months
Return: 10x

