ADA looks like it finnally found some support, breaking descending channel, very shy indeed but it might be a good buy.MACD is on the verge of a crossover and RSI shows oversold.It's a risky trade considering that BTC is about to make another move, but i think that we could get a nice swing trade here.As a stoploss i would consider 515-520 sats, hopefully it won't go there.Fundamentals look good for ADA, cooperations with goverments and constant tech improvement give me faith in this coin.Gonna trade it on leverage with that SL and buying a bag from Binance aswell.
Happy hunting !
Happy hunting !
Comment:
TP1 hit, SL hit aswell, still holding bag and 1/4 th of my leveraged long and full bag, as you can see it rejected exactly the golden line (historical line) and broke through the other one like a knife to butter, fiding new support and ATL...Still bullish on it tho !