Signals: Significant buying pressure allowing ADA to break past 2400 resistance, now proven to be a support level RSI showing continuous strength for past 3 weeks (This is actually a bullish sign, not an indicator for an overbought coin) Bitcoin losing dominance every week, sign that altcoin season is here.
How to trade: If it can hold the 3000 level, buy in around there.
Sell points Around 3500 satoshis, the first significant resistance point
Buy back in after expected correction of around 10-15%, increasing your position in ADA by 15%. This step is if you are bullish in the long term.
Comment
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The entire market is very strong right now so I wouldn't wait for the correction of around 10%. You will have to decide for yourself the re-entry point. Personally I think we have found support at 3300 sats and it would not be bad to buy back in around that range.
Trade closed: target reached
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Updated my ADA chart. Tells you if 3000 sat can hold & next buying levels.