$ADA could go to new highs from here!
Updated
- If we bounce from this daily area, it's a higher high by a long margin, and it's likely we're going to new highs. 1.618fib seems a good target
- This level was tested many times before and showed strong bounces every time
- Risk/reward is very appealing at R=4
- Stoploss below the 0.5 fib also seems reasonable, as often we see bounces from that level.
- This level was tested many times before and showed strong bounces every time
- Risk/reward is very appealing at R=4
- Stoploss below the 0.5 fib also seems reasonable, as often we see bounces from that level.
Trade active
new highs confirmed, locked a little bit of profit, trade still active and same target still on the cards.
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