PatrickHob

Undecided what to do?

Long
PatrickHob Updated   
KRAKEN:ADAUSD   Cardano
Well, you are not alone, We needs to cross 1.15500 to have the confirmation of a breakthrough. if this is happen, we should expect a rise to 1.22, pull back to 1.18, and continuations to 1.27. Also I should mention that 1.38 in our sights soon too.
Last couple days was , neither Bulls or Bears can decide what to do. Demand and Supply was almost equal, also the descending triangle usually a bearish sign, but one has to win. I believe a breakthrough will happen in favor to the uptrend we had, witch will continue upwards. Hopefully BTC doesn't ruin it for us. lol!!

please trade at your own risk.
Comment:
Perfect launching , no look back heading towards the 1.22 first
Comment:
Love it! I sold at 1.22, now rebuy at 1.18 and hold
Comment:
if it goes below 1.18 to 1.16 buy more
Comment:
watch the RSI on the one minute chart, tells you exactly when to rebuy back when it hit low
Comment:
Very Bullish now, be patient, will cool down a bit
Comment:
my order get refill at 1.18, goes below to 1.155, I'm buying more
Comment:
It's normal and important to go through what we call a consolidations period after a popup in price. The resistance we had at 1.19- 1.18 before, it will build up and be as a support for the future. So we may see a variation of up and down in price between 1.19 and 1.16 until we form a solid support to keep moving upwards.
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