Description
⋅ If ADA retrace to 0.275 (FIB-level 0.38) - I think it's in a good position for a spot trade.
I predict the ADA-bottom is in and we can aspect some big fast move as soon as ADA break the trend-line.
ADA have been tanking for years now and I believe that there are a lot of hungry bulls that will show up to find an entry for a long time hold.
I don't think we will get any good opportunities to buy the retest after a potential trend break.
So my idea here is to front run the potential big move :)