drjimbeam

Cardano long, 261 days of down only

Long
drjimbeam Updated   
BINANCE:ADAUSD   Cardano
One of the few alts that are still accumulating ~261 days. Yellow box is weekly breaker and Red box above is the last daily up candle that preceded the down-move which means lots of trapped buyers there willing to break even on their positions. Equal highs at ~$4.4 and November high at ~$4.377 should serve as first areas of resistance.
Comment:
I meant ~$0.44 and ~$0.4377. Let's hope it starts moving soon so I can feel less mad about not longing $APT again.
Comment:
Yawn, still waiting for an impulse out of this range.
Comment:
And we're moving, alongside doge. Retail pump coming in..
Trade closed manually:
Profits taken at $0.3882. Going short with stop loss at $0.3944.
Comment:
Short closed for a tiny profit, flipping long again. 4H 8EMA tagged.
Comment:
4H 13EMA tagged. Resistances hit across the board. Still think we see another push up but yeah who knows especially with DOGE moving.
Trade closed manually:
Ugly 12 hour close, cutting it. Will look to long stronger alts on sign of strength. Big week.
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