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Mushifar
Aug 26, 2022 9:25 PM

ADABTC gives an long idea for ADAUSDT Long

Cardano / BitcoinBinance

Description

we have a nice little range going on here, it would be logical to long the bottom of the range with the confluence of monthly level and 0.5 fibs retracement. targeting the mid-range of the channel that has been respected very well. buy looking at this idea, if ADABTC were to drop 8 to 10 percent it would mean that ADAUSDT could take the lows at 0.4 dollars which gives a possibility for an SFP pattern and a high R; R setup on USDT Pair. trigger for long on USDT pair would be for the price sweeping the lows and immediately go back above.
Comments
StealthyXor
5Y ADABTC - you don´t need to know more
Mushifar
@StealthyXor didn’t understand what you mean
StealthyXor
@Mushifar, just take a look at the 5Y chart to be longterm bullish of Cardano over BTC. It keeps growing, and accellerating at that, as the community and development does.
Mushifar
@StealthyXor I understand now 😃 good point
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