After a major Bitcoin climb ADA has seen a decent pullback, like most of the altcoin market. It is now time to take advantage of the opportunity and accumulate some cheap ADA. So let's take a look: Right now on the hour we are looking slightly bearish, so I think we can get a lower entry and I am aiming for 1,400-1,480 sats. The 4H looks like it is about to flip bullish so we can potentially see some good movement within the next day or two. Take a look at the bullish crossover about to form on the MACD. The AO is also on it's last red leg it seems, which is a good sign of reversal in the trend. Using fib levels from the 1D chart to find some targets.
Entries: 1,400-1,480 sats
Stop Loss: 1,370 sats (right below the daily close)
Targets: 1,600 - 1,800 - 2,000 sats
Entries: 1,400-1,480 sats
Stop Loss: 1,370 sats (right below the daily close)
Targets: 1,600 - 1,800 - 2,000 sats
Nota
Not to mention Native Tokens release Feb 22nd, Smart Contracts Q2. This fundamental news will help outNota
We are entering the accumulation zone, time to start buying!Trade chiuso: obiettivo raggiunto
ADA/BTC hit 1,900 sats, which is half way between target 2 and target 3. I will be taking profit here with a nice 31% gain. Hope you all were able to get into this play - I'll be keeping my eyes out for more trades today 💰Nota
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.