ADA has made a deep correction. Currently the 200 MA is acting here as support. We see a nice bullish divergence on the daily chart and the 4h chart.
Buy zone: 1180 - 1200
Target 1: 1500 Target 2: 1700
Stop loss: 1110
Give me a like if you want to see more of these setups
Trade active
⋅
Btc is leading the game. We have already witnessed a short squeeze and now a long is happening. Alts will bleed. Once BTC stabilize I do expect that ADA will make a good move..
Trade closed: stop reached
⋅
This is why we always use stop loss! To minimize risk! Next time better.