ADA Short term prediction for consolidation
Hi again,
Second analysis regarding the ADA-EUR pair. Shortterm i expecting little downside momentum, then accumulation/consolidation after which we can continue our trend.
We had a nice run following the previous analysis. For now I took some profit at 2.50EU when we were in price discovery mode.
I think the 2,00 EUR range will be the next support where all new buy orders will take place. This little downtrend, if we break the liquidity zone around 2,19 - 2,28, will end around previous ATH (2,00 EU).
In fact 2,00EU will be the new 1,00EU.
With all updates and news in mind related to Cardano, sell orders will be limited but profit is taken. Total staked ADA is declined a little bit, but mostly from short term wallets.
Let me know what you do think.
Have a nice ride, and invest save !!
Second analysis regarding the ADA-EUR pair. Shortterm i expecting little downside momentum, then accumulation/consolidation after which we can continue our trend.
We had a nice run following the previous analysis. For now I took some profit at 2.50EU when we were in price discovery mode.
I think the 2,00 EUR range will be the next support where all new buy orders will take place. This little downtrend, if we break the liquidity zone around 2,19 - 2,28, will end around previous ATH (2,00 EU).
In fact 2,00EU will be the new 1,00EU.
With all updates and news in mind related to Cardano, sell orders will be limited but profit is taken. Total staked ADA is declined a little bit, but mostly from short term wallets.
Let me know what you do think.
Have a nice ride, and invest save !!
Penafian
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