ADA/USD Pulverised Target #1 - 76% UP

twoitguys (62)in #cardano • 4 years ago

Quick update. Cardano has been working hard since my last post (jan 22nd). We were around 0.31-0.34. If you were lucky you got a dip at 0.27. The first target was 0.44. A good point to start taking profit. We're now almost at 80% profit.

Daily time frame is still bullish. Now, everything is possible. We have a fib resitance at .52 If we break that, 0.62 is on our reach... around april, but maybe sooner. Still long time forecast are rarely accurate. We'll see what's coming and will trade the chart, not our expections.

If you decide to trade, do it carefully, our next support is around 0.47 and the strong support is all the way down to 0.38, so don't if you plan to HODL, don't forget your stop loss.