I sold my ADA here yesterday with limit orders I had set for couple weeks now. We should be retracing a bit into that blue box before making its final move up before a bigger correction. If you are holding bags of ADA, i strongly encourage to take profits once we do get to that 4000 satoshi level. To be fair, it might have one more wave up from here and hit a little bit higher levels but regardless the target would be to sell once we reach 4000 levels. If the price moves in the time frame like the lines, the correction should coincide with BTC correction time. This is all assuming we are in an official bull trend. Overall, ADA seems to be on track to hitting that ATH in btc valuation by end of the year.
Note
ADA is ahead of my predictions, but its in correction phase and might take longer before it starts another move up. Not worth touching for a while. Might be a nice safe trade when it reaches around 3000 satoshi or a bit lower even.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.