Seeing $SOL ...., and $NIGHT showing good performance too, I think $ADA will likely have a follow-up surge. So for those who want to position themselves for ADA, if you want to add to your position, my approach will depend on how aggressive you are and how much position you already have..

The most aggressive so far has not taken any position. I’m entering now around 0.24. Based on the 2024 price of 1.2, that implies about a 438% increase.

Neutral-aggressive already has a position. I’m waiting to buy at 0.23. This price is right at the 30-day moving average, and historically before any upward move, it would often test this level. Also, since it broke above 0.23, it has been consolidating above for more than 12 days, accumulating a lot of long orders— and the whales are being very kind in collecting those long orders.

Conservative already has a large position. I’m placing limit orders at 0.2 and will see if they get filled by luck. The resistance levels on 7/4 and 8/6—once broken—became support levels on 9/1 and 9/17. Now at 0.24, to go down to 0.2 would require a 20% drop, but it may not necessarily get you onboard.

Which type of person are you right now?