ADA - Will it Bounce?
Interesting opportunity on ADA/BTC here. Recently ADA had a break out of the bull pennant but came back to find the previous resistance as support. It is also hovering right over the 1750 fib level, seemingly holding that zone. I would accumulate here in case ADA happens to bounce, as indicators are looking good right now.
Entry: 1700-1750 sats
Stop Loss: 1650 sats
Targets: 1900, 2000, 2100 sats
Entry: 1700-1750 sats
Stop Loss: 1650 sats
Targets: 1900, 2000, 2100 sats
Trade closed: target reached
I took profit at 2000 sats.
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.
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.