Technical analysis by bluemagneticstorm about Symbol ADA: Buy recommendation (7/26/2023)

Cardano > Up? Long position open. Possibly ok long position. Stop loss is tight at support levels. Hypothesis: Target price will be reached by 1st week of August or sooner. Previous green candles at target price were quick. Fundamental argument: Interest Rates announcement, TVL of Cardano is up, and Mithril announcement. Lots of positive arguments.