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MikeMoh
Apr 20, 2018 10:53 PM

ADA , touching trend line. good buy . Long

Cardano / BitcoinBittrex

Description

chart is clear.
Comments
andrewmurray86
The chart shows the trend line has been breached in 2 places. Do you suggest it will continue along its current trend or change course soon? Perhaps switching to a wider view 4hr or 1 day could be helpful?
MikeMoh
@andrewmurray86, the trend failed to hold price , BTC is correcting and almost all ALTs broke out recent up trend, therefore it is wise to use Horizontal lines as for now. till we build up a new up trend. the next big horizontal support for ADA is at 3060 sats. my SL is abit under that line. if you are already in then just set your SL there, if not then wait for it to test that level , or if it doesn't you can always buy it at the break of 3510 .
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