mablack15

ADA - Will it Bounce?

Long
BINANCE:ADABTC   Cardano / Bitcoin
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
Trade closed: target reached: I took profit at 2000 sats.

Comments

so close!
Reply
Perfect idea
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