BARSTrading

ADAUSDT Continuing Old Charts - 1HR

Long
BARSTrading Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
Congratulations to all those that have been following my old charts,
I started posting my strategy at 1.28 on ADA and it passed 2.00 today. Congratulations if you followed and kept up.
Please look at the trading stats below. We have been trading on this strategy since 2020 January. Over one year. Our current stats are:
5172% Net Profit
123 Closed Trades
79.67% Successful
3.369 Profit Factor
58.19% Max drawdown
41.69% Average Trade
IMPORTANT: All though we have buy/sell signals, we always take profit along the way, which is NOT shown on this chart! For those, I post them here.

Most recent was a sell generated around 1.9. We are currently still higher, so it would be a good time to take profit if you didn't already do so at 2.00.
If I get enough likes and comments, I will continue this post, otherwise I will be closing down all my strategy posts due to lack of interest.
If you would prefer a live stream 24/7 of buy and sell signals on Youtube, please let me know. I can start that instead.

TA:
We past the 1.618 on Fib, this is usually a tough one to get past, and price will move around this level for a while. There is a big pressure @ 2.00 - 2.50 price but we will see what happens, it remains bullish because it broke upwards on the ascending channel, and ADAETH broke upwards on descending channel, and ADABTC also broke upwards on descending channel a while ago.

Fundamentals:
This summer ADA will see some key updates and development that might hop it over the 2.50 -3.00 level, but I believe we may be consolidating for a while right now until then.
Comment:
Buy generated @ 2.28
Comment:
Take profit at 2.39, and move stop loss to 2.00
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