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bejaneps
Feb 17, 2018 9:24 AM

ADABTC Cardano. Moving in Descending Triangle Short

Cardano / BitcoinBittrex

Description

Currently, I see ADABTC moving in triangle and it should be last bounce which will lead to breakout of channel. My targets are 5000 sats and after for longer term it should take it's ATH. RSI and Stochastic at oversold levels and it has reached it's 2 months low after taking new heights.

Comment

3600 is also a nice entry, try to buy stepwise

Comment

Taking in attention rising BTC, I see support line also at 3300 price, which is 1000 SMA.

Trade active

I'm putting buy order at 3400. Good Luck !

Trade closed: stop reached

broke wedge
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