Technical analysis by razumcapital about Symbol ADA: Buy recommendation (5/3/2024)
https://sahmeto.com/message/1762156

razumcapital
Rank: 6519
Analytical Power:
1.6

We have 2 Cardano charts: ADA in 2020 and now. We have very similar formations. The first serious rebound from the bottom and a 50% correction in both cases. The only thing that bothers me is that now we have seen a large volume at local highs. The price has come to the support zone and may stay there for some time after a sharp decline. But I wouldn't be surprised if the same scenario repeats. I'm not rushing to buy, just wanted to share my observation and one of the very likely scenarios. It is possible that the whales will act according to the old scheme.
Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 weekPrice at Publish Time:
$0.46306