Now a month has passed! I think ADA is ready for another run!
This is a very safe trade because we can set a tight stoploss, giving us an absurd risk/reward ratio. (I included the risk/reward ratio for our two targets on the right side)
*Stoploss MUST be set for this trade. *We are still below EMA50 in this 6 hour chart. You can buy the breakout (Blue line), if we can break it with conviction.
Good luck friends!
Commento
⋅
I analyzed the chart a bit more, I am leaning to the bearish side now. Dramatically reduced position size.