BlueDog624

New market cycle in ADA with healthy Volume spikes.

BlueDog624 Updated   
BINANCE:ADAUSD   Cardano
ADA was my first big successful trade at the end of 2017. Looks like we are heading into a new marked cycle. Big volume spike. Looks healthy. Using Fib extensions to target TP1 at around $3.5 and TP2 at around $4.9. Used a base of $0.03 in my fib extensions based upon data not available in TV. My first purchase in ADA was abound $0.03 when I identified a cup and handle for mu initial purchase.

Props to High Altitude and Dalon Anderson for the education in trying to identify this pattern.
Order cancelled:
Well I was way off. It happens. At this point holding on the the ADA I have and will monitor in the next crypto bull market. If and/or when there is a crypto bull market.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.