Cardano (ADA): Is $1 still possible? My Exact trade!
1 extracted signal · 0 resolved · 1 still active
FJ Trading09 Jul 2026, 10:23 UTC
AI-generated source summary
The analysis focuses on Cardano (ADA) on a 12-month timeframe. A bullish order block is identified between $0.150 and $0.1414, presenting a potential long-term buying opportunity. The current price is approximately $0.1676. The trader plans to enter a long position on a retest of this bullish order block. The target price is set at $0.2691, representing a 60% potential upside. The stop-loss is placed below the low created during the fakeout, specifically at $0.137, invalidating the trade if breached. The risk-reward ratio is calculated at 7.56:1 for this setup. A secondary long position is considered if ADA breaks above previous significant highs, with a target of $0.325 and a stop loss below $0.275, suggesting a high probability of continuation. The analyst also notes that taking profit on a portion of the trade at multiple levels, such as the previous significant highs, is a prudent strategy.
AI-generated summary based on the source content.
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