ADA hitting ROCK BOTTOM.Time to buy before FOMO kicks in.
Hey guys,as i've seen quite a nice amount of positive feedback on my analysis,i've decided to share you my vision of ADA aswell.
After carefully positioning our Fibonacci Retracement at the exact extreme point of the graphic,i came to the conclusion that Cardano used the 236 as an almost perfect resistance,penetrated only by only 1 unexperienced ''crypto dude" that bought the FOMO and paniced.
If it happens to get under the price of 2512 sats with the full body of a candle,i would recommend you(no financial advice of course) to get out of this coin....but i highly doubt this will ever happen.
Long story short,we are still under the EMA's and the volume has increased quite significantly in the recent hours,which for me at least makes an amazing buying opportunity.
You got the graph,you got a quick description of it,if there's anything else you want to add/ask/correct,feel free to leave me a comment.
Best of luck!
After carefully positioning our Fibonacci Retracement at the exact extreme point of the graphic,i came to the conclusion that Cardano used the 236 as an almost perfect resistance,penetrated only by only 1 unexperienced ''crypto dude" that bought the FOMO and paniced.
If it happens to get under the price of 2512 sats with the full body of a candle,i would recommend you(no financial advice of course) to get out of this coin....but i highly doubt this will ever happen.
Long story short,we are still under the EMA's and the volume has increased quite significantly in the recent hours,which for me at least makes an amazing buying opportunity.
You got the graph,you got a quick description of it,if there's anything else you want to add/ask/correct,feel free to leave me a comment.
Best of luck!