ADA to break down, Dollar Cost Entries

We are seeing a rejection on resistance, watching for entry on a retest of support, follow down. If you have X-Dollar to spend, split in 4 and set up buy-limits at green lines, or just above.

Targets when trade active

Trade active:

Entry confirmed, still downside continuation expected, missed this entry, head for 2.02 skip first entry and second entry point.

Target 1: retest of 2.285 take 25% profit
Target 2: 2.34 take another 25% profit move to breakevenlevel/entry point
Target 3: 2.50 take another 25 % move stop loss to 2.28
Target 4: price discovery, keep updated

Trade closed: target reached:

To the point, 25% taken at 2.285

Trade closed: target reached:

Another 25% in position took out of this trade at 2.34.
Moving SL to 2.226 to make this a winning trade and set up for better entry.

Comment:

ADA still looks for upside
New Target 3 if you want to apply more risk:2.62

Comment:

We are still holding the trade idea. We are now looking to take our profits and dollar cost into the trade to increase positionsize.
We take the first 25% we took out of the market and enter now: 2.08
Second 25% will be entered either at 2.0 or 2.13 if retest of breakout is confirmed

Trade closed: stop reached:

Look for 2.138 for another entry