ADAUSDT Analysis July 13, 2022
Looks like the Bears are pushing the price of Cardano, 
ADA down to our targeted Buy Zone at the ($0.345) Support Area. The Daily Downtrend Line was tapped and then rejected. The Vasil Hard Fork is right around the corner so the ADA whales will definitely be buying large amounts at this level.
We still like both LINK and ADA to lead us out of the Bear market as they both peaked in the summer of 2021, June and September respectively. Maybe a nice Bull run until September and then another downtrend before a final bottom towards the end of the year.
Not Financial Advice...Trade with Confidence and Control.
ADA down to our targeted Buy Zone at the ($0.345) Support Area. The Daily Downtrend Line was tapped and then rejected. The Vasil Hard Fork is right around the corner so the ADA whales will definitely be buying large amounts at this level.We still like both LINK and ADA to lead us out of the Bear market as they both peaked in the summer of 2021, June and September respectively. Maybe a nice Bull run until September and then another downtrend before a final bottom towards the end of the year.
Not Financial Advice...Trade with Confidence and Control.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
Related publications
Disclaimer
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.