FieryTrading

🔥 ADA's Best Possible Trade: Don't Miss The Entry! 🚨

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Last month I made an analysis on ADA and the huge parallel channel it has been trading in for almost 4 years at this point. In said analysis I wrote that my long-term target for ADA is placed at 35$ (or the top of the channel, whichever comes first).


The trade is playing out well. However, the 3-day RSI has hit a new record high of 90.37 at the moment of writing. Historically, this has signaled a local top was near.

I doubt that we're going to see 0.38 in the next correction. Still, a correction towards the 0.50$ is still possible after being so far extended.

Don't miss out on the correction. Prepare yourself for any near-term weakness in this token.

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.