red dotted lines - support
green dotted lines - resistance
Purple line - expected projection
Good opportunity to short ADA to around $1
$1 may be a great buying entry point however if we fall below 0.98 we can expect to fall to around 0.77 which will be a great entry point for Cardano
green dotted lines - resistance
Purple line - expected projection
Good opportunity to short ADA to around $1
$1 may be a great buying entry point however if we fall below 0.98 we can expect to fall to around 0.77 which will be a great entry point for Cardano
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Spot on mate