ADA presenting a great long term opportunity in either direction
ADAUSDT presenting a great opportunity either way.
I understand the whole “there’s always a pullback” however I believe ADA has some fundamental news out ATM that may see a further pump. I’m not into fundamentals so I don’t know what the news is and if it will affect price.
What I’m waiting for is:
LONG OP
If we break current resistance, I still want to see us break above 0.1100 and retest that area before i will open a long. I do see bearish divergence on the daily at the moment giving a hint this run may be over so keeping an eye on that also.
SHORT OP
I want to see a break and retest of support at 0.09074 area and a change in market structure in order to open a short.
These are taken off the daily TF so this would be a long term trade idea and could take a month or more to play out.
I understand the whole “there’s always a pullback” however I believe ADA has some fundamental news out ATM that may see a further pump. I’m not into fundamentals so I don’t know what the news is and if it will affect price.
What I’m waiting for is:
LONG OP
If we break current resistance, I still want to see us break above 0.1100 and retest that area before i will open a long. I do see bearish divergence on the daily at the moment giving a hint this run may be over so keeping an eye on that also.
SHORT OP
I want to see a break and retest of support at 0.09074 area and a change in market structure in order to open a short.
These are taken off the daily TF so this would be a long term trade idea and could take a month or more to play out.