$ADAUSD
Added 2023-12-08 12:04:57 +0000 UTC$ADA has got the parabolic move.
This has been pin point accurate for us every step of the way.
The distinct wedge was a accumulation phase for me after entering at $0.30c and a breakout of the wedge out this on a direct course to our First Target, once it had no issues breaking through our blue lines at $0.42c and that was no issue.
I expect some resistance at $0.52c and I will monitor how it behaves, another wedge would be the perfect scenario to consolidate before going higher for our Second Target at $0.62c
Comments
Would you consider holding this 1-2 years? Feels like $2-$3 is inevitable when monetary policy loosens
Clint M
2023-12-08 20:08:38 +0000 UTC25% gain will be on pair with holding the SPY for the year
Gareth Neary
2023-12-08 14:29:47 +0000 UTCI sold mine at .51 with a 25% gain in less than a week. I was late to the party :)
iTurp
2023-12-08 12:59:04 +0000 UTCI would expect a pull back here.....let's see if it can form another wedge first
Gareth Neary
2023-12-08 12:07:33 +0000 UTCOnce we reach second target would you suggest offloading some and waiting for a pullback? I guess difficult to tell with coins they sometimes just go parabolic
SR
2023-12-08 12:06:19 +0000 UTC
