ADA/USDT is currently performing very good, and in my opinion, it has more room for growth.
Since earlier this year we've seen a upward sloping trend line develop. My take would be that this trend line will function as a resistance in the foreseeable future.
I've marked the green area as a potential area to exit your long position, but waiting till the price is close to the trend line is a sold idea as well. Thing is, we don't really know where the trend line will be hit. Therefore, setting a target beforehand will keep your R/R intact and requires less micro-managing.
Since earlier this year we've seen a upward sloping trend line develop. My take would be that this trend line will function as a resistance in the foreseeable future.
I've marked the green area as a potential area to exit your long position, but waiting till the price is close to the trend line is a sold idea as well. Thing is, we don't really know where the trend line will be hit. Therefore, setting a target beforehand will keep your R/R intact and requires less micro-managing.
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