Hi friends! Ada is still consolidating at the bottom despite the fact that most of the other altcoins are already pumped. As i said in previous ideas, it`s undervalued altcoin and have a great potential in 2-4 weeks. Don`t miss the pump.
Cardano create a base pattern at the bottom. If you dont know what is it and how it use, check this educational idea.
Now i want to see the fall to the support $0.49-0.52 area and pullback after the liquidity collection.
📊 Preconditions to open a long: 🔥 return to the $0.49-0.52 value area and liquidity collection 🔥 volume growth which also confirms the big players pressence 🔥 huge limit orders on the DOM and Footprint indicators. It will help to identify the largest whales support levels and open a trade with short sl and besr rr at the bottom 🔥 squeeze to the local trendline 🔥bullish BTC sentiment which help ADA reach it`s targets
If such scenaio confirms, i ll let you know. So stay tuned and subscribe!
🚩The targets: 1️⃣ $0.62-0.65 2️⃣ $0.77-0.79
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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.