✴️ Cardano Goes Above EMA50... Boom!

Jan 8, 2023

This is a huge development.

Cardano (ADA) hasn't been above EMA50 for more than a few days since March 2022 at which point there was a rejection.

The last time that ADAUSDT was above EMA50 on the bullish side was August 2021, that's 1.5 years ago.

Going above this level/indicator opens the door for mid-term bullish potential so it is normal that ADA experienced 45 days of growth back then.

If ADA manages to stay above this level, which is highly probable, we can expect 1-3 months of green.

This is time enough for massive growth.

Map your targets and build a plan... How to sell? How long to hold?

When things hit up it is easy to become complacent, having a plan helps know before-hand to how to act when the time is right.

You can leave a comment if you have any questions.
I am always happy to help.

Namaste.