Contemplating this crazy crypto selloff, I was looking for correctional moves on different coins.
ADAUSD reached a major daily demand zone this week. I was looking for a confirmation to buy the coin on lower time frames.
My confirmation was a bullish breakout of a resistance line of a bullish flag pattern on 1H time frame and a tiny double bottom formation within its boundaries. I bought on a retest.
Then the market bounced sharply giving +16,7% of pure profit.
What a great winner!
Did you catch this move?
❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
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.