BankofEngland
Long

Quick buck with ADA?

BITTREX:ADAUSD   Cardano / US Dollar
Since the low of August 29th of $0.043, ADA has consistently made higher lows, and higher highs. We can expect one more pump towards $0.48-0.50, and than another sell off.

Buy: $0.0439-0.0442
Sell: $0.0460-0.0479
Profit: 5-9%

Can the market continue downward? Absolutely. Investments all come with certain risks, do not invest if you are not comfortable.
Trade active: Bitcoin failed to make break $11,000 which caused a $700 sell off. Although this broke the channel on the 4HR, this trade is still active 1D chart. If Bitcoin falls below $10,000 than we can expect ADA to fall below $0.043, even $0.039 if Bitcoin continues to fall towards $9,000 or lower.
Trade closed: target reached: 5% Target was reached.
nice work
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