clopezf25
Long

ADA/BTC has found a new support, good buy opportunity

BINANCE:ADABTC   Cardano / Bitcoin
The price recently broke downwards from the major previous support levels.

However, there are good signs to think that a trend reversal is taking place. Buyers stepped in at around 0.00003500 with quite a bit of volume , creating a new support at this lower level. The MACD is also giving us a bullish signal.

I have placed the buy zone between the pevious and the new support, with the sell targets at different resistance points.

Buy below. 0.00004500

Take profits
@ 0.00005134
@ 0.00006062

Stop if new support is broken @ 0.00003500

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Comment: Trade Active:

The price reached the first target.

The volume of buyers also spìked soon after the idea. Let's see if the push upwards leads us to the second target
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