BINANCE:ADABTC   Cardano / Bitcoin
As price has currently bounced in the yellow ascending trendline it has been "confirmed" therefore we will operate a long position once a 1h candle sets above green section.
Comment: Did not operate the first trendline bounce which would have lead to a positive op. Now there's been another bounce at the trendline and price set above key level and broke descending trendline.
Trade active: Also, price made a higher low and higher high as shown in the chart. Left long order at 510.
SL 503
TP 521
Trade closed: stop reached:

Comments

Great chart.

Thanks a lot for sharing.

Keep up the great work.

Namaste.
Reply
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