SamSuka
The Long Investor
The Long Investor

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$ADA

Cardano has been consolidating for some time now under the 0.618 Fib but above the 0.78 Fib and looks ready to move higher when $BTC decides to make its move to a new ATH.

$ADA will lag $BTC and $ETH

But it was in late October last year that this caught our attention and we added at $0.37 and caught 100% gain on this and moved it all to $ETH, so if $ADA can strictly follow the charts again, I would be interested in a small position here.

Holding above the $0.40c 200 Day MA would be attractive to me

$ADA

Comments

I can upload it in the next $ADA upload but it's just part of a larger Cup and Handle formation that completes at $3.162, which is the ATH level.

Gareth Neary

Would you mind sharing the zoomed out version of this chart 🙂, basically the medium term view. I’d love to see where Ada could head this bull cycle

Barney


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