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.
To set my Target prices, I used the Fib Fan to find resistance levels at the current trendline.
Trade closed: target reached
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 youTrade active
a new wedge a new opportunityTrade closed: target reached
all targets have been reached. Setting new targets.Trade active
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
Trade active
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. Trade active
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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.