Slightly bearish but as retrace meets support we may see an influx of panic buyers afraid to miss the boat.
I'd be wary of a bullish entry point in all markets at present as we are yet to see a decent correction.
In saying that, you could ride the sidelines for months waiting for it and be very sad in 2022...
A lot of long term bullish sentiment on ADA and personally I don't think the price reflects this as of yet.
Still opportunity here but we really want it at the right price.
Currently holding some soft support as retest occurs - so potential entry at current price but high risk.
Personally- I'm happy to wait it out.
As always, not financial advice,just my own thoughts and TA. DYOR!
Feedback welcomed!
Happy trading and DGR ( Don't Get Rekd)
Bingaz.
I'd be wary of a bullish entry point in all markets at present as we are yet to see a decent correction.
In saying that, you could ride the sidelines for months waiting for it and be very sad in 2022...
A lot of long term bullish sentiment on ADA and personally I don't think the price reflects this as of yet.
Still opportunity here but we really want it at the right price.
Currently holding some soft support as retest occurs - so potential entry at current price but high risk.
Personally- I'm happy to wait it out.
As always, not financial advice,just my own thoughts and TA. DYOR!
Feedback welcomed!
Happy trading and DGR ( Don't Get Rekd)
Bingaz.
