mcmutton23

Battle with .618

Long
mcmutton23 Updated   
KRAKEN:ADAUSD   Cardano
Seeing Cardano, one of my favorite coins, now battle with the .618 retracement line. Up or down, not sure, but i have a buy order at 1.20. I believe this is a 1000x within 5 years.
Trade active:
Got our fills on Cardano at 1.10, now breaking above that 1.50 resistance level. Will it hold above? Who knows... I would say due to the volatility, it is anybody's guess, however looking at bitcoins movements are somewhat revealing. Considering bitcoin is currently in an ascending wedge as I write this, if bitcoin breaks out, cardano and many other alt coins will surely hold and go rangebound for a while, or follow up into the bullish pattern along with bitcoin as money rotates in and out. Still very bullish and will continue to place low ball orders to get good fills during high volatility. Target you might ask? If you are a day trader, I would place targets at 1.8 and 2.3 respectively, but I consider this an investment. My target is 1000x >:D
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