aandp4life

Buy ADA Sell ETH Alt/Alt ratio trade

Long
KRAKEN:ADAETH   Cardano / Ethereum
Price action suppressed relative to slow and fast line for ichimoku
Yes this is a weekly so find your entry on daily/4hr as to your trading style
Can price action be suppressed even more? Sure...

Stoch beginning to reveal consolidation
MACD confirmed downtrend last week candle (so why no T/K cross over yet???)
Price action indicative strong support zone
Considering the aforementioned, i prejudice some sort of volatility in this ratio over the next week or so
Wonder if ADA about to pump...eh eh ;)

S/L 2704?
T/P 4300ish T/P2(blue line) 4700
R/R 2.53 R/R2 3.65

Profit Weekly~~~

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