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ADAUSDT Analysis May 4, 2022

BINANCE:ADAUSDT   Cardano / TetherUS
We are currently Bearish on Cardano, ADAUSD , but this Horizontal Support Line at ($0.75) and Green Zone might be a key turning point and great area to Accumulate Cardano. We are also still above that Daily Downtrend Line. We can wait for some BUY Indicators from the Engineer and/or DCA in this Green Zone, but we remain Bearish on ADA for the time being. We haven't had a SUPER BUY signal for ADA since July, 2021.

Based on the FOMO and FEAR Zone, we can easily see a Cardano price hitting the ($5.00) price range in the next few years and maybe never go below ($0.75) again. Are we in the final months to Accumulate Cardano for under ($1.00)...? Not Financial Advice...Trade with Confidence and Control.

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