ADA long from strong support zone
Updated
Conditions:
- ADA bounced off strong support zone around 1.26
- MACD crossing over to uptrend
- PA long wicks and strong reaction from current zone > high buyer demand zone
Targets:
Take profit before getting too close to the Daily EMAs (50 EMA trajectory) which is also confluent (close to) the resistance block at 1.47
SL :
Below support with some space
- ADA bounced off strong support zone around 1.26
- MACD crossing over to uptrend
- PA long wicks and strong reaction from current zone > high buyer demand zone
Targets:
Take profit before getting too close to the Daily EMAs (50 EMA trajectory) which is also confluent (close to) the resistance block at 1.47
SL :
Below support with some space
Trade closed: target reached
Perfect trade
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