Cardano / Bitcoin
Long
Aggiornato

ADA vs BTC

445
I have opened a long position for ADA. I have been following the coin for a while and have been doing T/A for a while looking for a place to enter. I have made my entry @ .0000075. I hope that following this trade can help you.

To set my Target prices, I used the Fib Fan to find resistance levels at the current trendline.
Trade chiuso: obiettivo raggiunto
Reached all targets. Looks like there is more life left in it. I will be adding new target prices soon. I hope this was helpful to you
Trade attivo
a new wedge a new opportunity

istantanea
Trade chiuso: obiettivo raggiunto
all targets have been reached. Setting new targets.
Trade attivo
It appears that ADA is going to be looking for support. It has had a pretty explosive breakout. This chart is showing the current diverging channel it is in and the support that lies below.

Support 1 @ 3900
Support 2 @ 3300
Support 3 @ 1500

istantanea
Trade attivo
with this most recent run, there is a new channel that has revealed itself. However, the momentum seems to be slowing so a test of the channel support will come soon.

istantanea
Trade attivo
the channel broke like a twig. haha.

Oh well, looks like a bullish falling wedge is forming. Could see it converge on the yellow or the blue line before a breakout. Volume is low so we could see these levels fail to build enough momentum for an outbreak.

istantanea

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