Adabear
Money maker signal. Hello trenders,
No Rsi, Macd, Volume and momentum will be needed to understand this money maker token.
Although is not adviced investments with more than 3 numbers, now in the accumulation period all you can buy is treasure.
Just observe before buying, will be the same cycle over and over.
This is a long term invesment (12 or more months), with a very high risk.
Good luck.
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
adausdpotential buy area on top of dominant bullflag breakout. May also look for bounce on bottom of flag. may fall through as warning. If no fall through. phenomenal potential for great profit. if Bear, obviously use flag breakout down. used radial SR and fib trend converging for data. No fibs to show.
KISS
ADABEAR high volatility token. bear take over! 35% profithy trader
i expect btc and alts to withdraw in the next few days. a perfect market phase to trade a high volatility token.
Since I am not yet sure how far ADABEAR will go, I will only deal with the start in the following lines, and update again and again at a later point in time.
Now for the chart !!
ADA formed a gigantic falling wedge in the last seven days, because I didn't like the volume in the wedge and also with the breakout that took place yesterday I was still waiting for confirmation. For confirmation for my trade and for confirmation to call this ralley.
We formed an ascending triangle directly above the wedge. An hour ago we broke out bullish. This time with good volumes. Enough confirmation to enter into the trade and call this rally. I hope I'm correct.
now to get started:
i expect a bullback to test the triangle .. so enough time to review my idea and prepare for the trade
Stop loss is below the 0.618 fibo of the previous movement
R / R 3.3
profit (1st target) 35%
loss 10%
alternatively, you can also keep the loss lower, since the breakout level would have to hold
if you like my idea, suporting me and push the like butten or follow me and leave a comment ... thx