ADABTC is touching a support right now. Higher Lows on RSI. It might go sideways in the support zone but probably we will see an upward move from this level.
If support does not hold then the bottom falls out and ADA drops another 35%. Risky af to long ADA right now.
MiguelFTCurado
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@UpliftedAlgo, What you said is completly right but since we are near a support you can put a small Stop Loss wich make this a good trade. In that exemple the risk/reward ratio is almost 4. In doubt, don't trade. There are always other opportunities. Good Luck!
MiguelFTCurado
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@UpliftedAlgo, Beside that, atfer a 50% Drop (from 0.00006 to 0.00003) usually there is a rebounce. I think the odds are on my side but there are enumerous factors that we can't control such as news or rumors for exemple. Goodluck