ADABTC range swing
Updated
ADA sitting at range lows (close to all hope being lost if you read some commentators) in an ascending triangle. Plan is to ride it up to the top of the range, compounding profit along the way.
Targets marked, maybe it even breaks out of the upper range resistance this time? S/L below the current ascending triangle.
Recently made another play almost exactly the same before being stopped out at breakeven.
ADA tends to move quite slowly these days, so patience may be required, a good one to sit on and let it tick away.
Targets marked, maybe it even breaks out of the upper range resistance this time? S/L below the current ascending triangle.
Recently made another play almost exactly the same before being stopped out at breakeven.
ADA tends to move quite slowly these days, so patience may be required, a good one to sit on and let it tick away.
Note
Exited this trade down to opportunity cost. Some others were moving faster and more attractively. I may revisit ADA soon.
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