Yuriy_Bishko

đŸ”„Undervalued altcoin: when will ADA start to grow?

BINANCE:ADAUSDT   Cardano / TetherUS
Hi friends! Ada is still consolidating at the bottom despite the fact that most of the other altcoins are already pumped. As i said in previous ideas, it`s undervalued altcoin and have a great potential in 2-4 weeks. Don`t miss the pump.

Cardano create a base pattern at the bottom. If you dont know what is it and how it use, check this educational idea.

Now i want to see the fall to the support $0.49-0.52 area and pullback after the liquidity collection.

📊 Preconditions to open a long:
đŸ”„ return to the $0.49-0.52 value area and liquidity collection
đŸ”„ volume growth which also confirms the big players pressence
đŸ”„ huge limit orders on the DOM and Footprint indicators. It will help to identify the largest whales support levels and open a trade with short sl and besr rr at the bottom
đŸ”„ squeeze to the local trendline
đŸ”„bullish BTC sentiment which help ADA reach it`s targets

If such scenaio confirms, i ll let you know. So stay tuned and subscribe!

đŸš©The targets:
1ïžâƒŁ $0.62-0.65
2ïžâƒŁ $0.77-0.79

đŸ’»Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

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