reees

all hail king fib: where to unload this dusty old bag

BINANCE:ADAUSD   Cardano
it continues to amaze me how this pair sticks to the fib channel levels like glue. the 1.618 extension has been money for picking targets in the past, so, if it ain't broke...

i've been accumulating ADA for a few years now, and hoping to finally unload some later this year. basically looking for targets anywhere along the 1.618 extension. any time price touches that line, i'm selling. i'm expecting a continued rally in anticipation of the smart contracts update (9/12). if not, it'll get there eventually, and i'm perfectly happy sitting on my stash until it does.

i'm never selling all my ada, and i plan on accumulating again after i sell.

also not looking for any entry here, unless price dips all the way down to the $1.55-$1.60 support zone.

Penafian

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