Ada has bounced off the 2500 satoshi support two times.
Broke the downtrend line (not in this graph).
Volumes are on the increase.
Broke the downtrend line (not in this graph).
Volumes are on the increase.
Trade active
Trade closed: stop reached:
I have been stopped out (sell wall on Binance is to big at the moment), it wants to go lower with the whole market.
Lets wait patiently for a better entry point lower after it reverses with a little more volume.
2350 satoshi is the next fib support so lets see how it behaves there.
For the time being ADA it is still a falling knife and its not that easy to catch a falling knife.
Lets wait patiently for a better entry point lower after it reverses with a little more volume.
2350 satoshi is the next fib support so lets see how it behaves there.
For the time being ADA it is still a falling knife and its not that easy to catch a falling knife.
2200 satoshi is the next support according to Fibonacci retracement.
2350 is just my next level on the downside to asses the action.
In the meantime I`m out, reevaluating a better entry point.
I will post updates here, you can follow this idea to receive updates (right under the chart).