Diving into ADA: Profits, Sharks, and Technical Targets!
Updated
Hello community,
The ADA coin has gone through various phases. Initially, whales accumulated below 0.4 USDT for an extended period 🐋. However, after the price surged by 250%, a correction became expected as investors sought to capitalize on their profits 💰. Notably, the key level between [0.4;0.45] USDT is significant due to the presence of sharks 🦈, who are intermediate-term investors. Their strategies rely on real volume profiles, which are not commonly discussed on media platforms like YouTube or Instagram, as they necessitate data analytics and volume studies 📈. The technical price objectives are depicted in the chart 📊.
However, it's crucial to note that these objectives are based on technical analysis and may change depending on market conditions 📉📈.
🚨 Attention Traders: Beware of Imitations!
It's come to my notice that many are adopting my ideas and even discussing them on their channels. But here's the deal: stick with me for the real deal, no services for sale! Boost to encourage more unique insights and ideas to flow. Together, we can navigate the markets with authenticity and success! 💡💪
Happy trading !
The ADA coin has gone through various phases. Initially, whales accumulated below 0.4 USDT for an extended period 🐋. However, after the price surged by 250%, a correction became expected as investors sought to capitalize on their profits 💰. Notably, the key level between [0.4;0.45] USDT is significant due to the presence of sharks 🦈, who are intermediate-term investors. Their strategies rely on real volume profiles, which are not commonly discussed on media platforms like YouTube or Instagram, as they necessitate data analytics and volume studies 📈. The technical price objectives are depicted in the chart 📊.
- The first objective stands around 1.14 USDT, reflecting a 150% profit for sharks🦈
- The second objective is at 1.6 USDT, indicating a 600% profit for whales 🐳
However, it's crucial to note that these objectives are based on technical analysis and may change depending on market conditions 📉📈.
🚨 Attention Traders: Beware of Imitations!
It's come to my notice that many are adopting my ideas and even discussing them on their channels. But here's the deal: stick with me for the real deal, no services for sale! Boost to encourage more unique insights and ideas to flow. Together, we can navigate the markets with authenticity and success! 💡💪
Happy trading !
Note
Just one comment. The technical price objective doesn’t mean that the ADA will stop their and won’t go any higher. Theses are the prices given by technical indicators. Remember that market is constantly due to changes. Let your targets flexible and trade like professionals ;)Note
Today, cumulative liquidation short leverage stands at $20 million. This is likely to incentivize market makers to boost ADA prices, leading to:- High-leverage futures traders being liquidated.
- Low-leverage futures traders closing their positions.
- Spot traders entering the market driven by greed.
Note: A market pump does not necessarily mean that $20 million is in the exchanges pockets. It simply indicates favorable conditions for exchanges to profit. Any gains made by shorters will be from the platform's liquidity.
Happy learning!
Note
The shark level I have expected in April is being followed with high precision. This means that the sharks are going into an aggressive accumulation and the pump will be very strong in the future. You may see a manipulation of prices down associated with some fake bad news but I believe that ADA is not going down any sooner.
Happy trading !
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