ADA or Cardano n a few other alts ready 4 a "red day scoop"
this ,40 .39 support is looking more and more realistic. scooped a small bag of ADA at .46 to ..49 with average of .47 ish and will cost average in if we see any trade action in the .40 to .45 range
How I like to play these is level by level. Keep it simple. ID your support or stop loss and have a loose plan there to either cost average in if she drops or and get out and take a small loss. If up trend holds Ill look for a clear target and pretty much no matter what im taking profits when we hit that target. Wait for a retrace as that resistance is tested, watch btc and eth (ie they dump alts dump they pump alts pump) and re buy from there and repeat all the way up. If you dont have the time to "stay on the sticks" ie no buy order or limit order options where u trade, well in this case your trading on the wrong platform. any major token like this will have many many deep liquidity trading options with different pairs of ADA combos ie easy to trade. BUT If your in a deeper market cap alt (like ranked below 50 or 100 on crypto market cap list) esp trading on DEXs like uniswap or zks v3 etc it is what it is so have a plan and be ready to get in or out quickly because we all know you close your eyes for one second n this market has a way of putting you to sleep then blasting an uptrend or dump at a 20 min moment notice lol the wild west of finance and trading :// Crypt0
.69 or .70 is the first target here (set sell orders at .65 and up ie .67 .68) with support at .39/.40 (set stop loss at .36 ish and buy orders for a cost average scoop at .41 to .44 n maybe a small one at .46 to .48 ish)
Happy ALT hunting ya all and yes I think its time to think about the alt game again at least a, "dip the toe in the water.
I noticed last few days to last week some ALT charts begging to get picked up where AVAX YFI SUSHI ZKS ADA n a few others. Later all fellow life forms/ _HGM_0Ut_
How I like to play these is level by level. Keep it simple. ID your support or stop loss and have a loose plan there to either cost average in if she drops or and get out and take a small loss. If up trend holds Ill look for a clear target and pretty much no matter what im taking profits when we hit that target. Wait for a retrace as that resistance is tested, watch btc and eth (ie they dump alts dump they pump alts pump) and re buy from there and repeat all the way up. If you dont have the time to "stay on the sticks" ie no buy order or limit order options where u trade, well in this case your trading on the wrong platform. any major token like this will have many many deep liquidity trading options with different pairs of ADA combos ie easy to trade. BUT If your in a deeper market cap alt (like ranked below 50 or 100 on crypto market cap list) esp trading on DEXs like uniswap or zks v3 etc it is what it is so have a plan and be ready to get in or out quickly because we all know you close your eyes for one second n this market has a way of putting you to sleep then blasting an uptrend or dump at a 20 min moment notice lol the wild west of finance and trading :// Crypt0
.69 or .70 is the first target here (set sell orders at .65 and up ie .67 .68) with support at .39/.40 (set stop loss at .36 ish and buy orders for a cost average scoop at .41 to .44 n maybe a small one at .46 to .48 ish)
Happy ALT hunting ya all and yes I think its time to think about the alt game again at least a, "dip the toe in the water.
I noticed last few days to last week some ALT charts begging to get picked up where AVAX YFI SUSHI ZKS ADA n a few others. Later all fellow life forms/ _HGM_0Ut_
