Before the dump we can see a head and shoulder was created and it almost hit its target, for now the 0.38 range is acting as a support plus ADA has been trading in a range for quit a while so it is possible that we see a rise from this point,
if ADA breaks down form the box price could decrease to 0.35
I would suggest don't open a trade till we get a confirmation and tomorrows USA mid term elections
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades .
if ADA breaks down form the box price could decrease to 0.35
I would suggest don't open a trade till we get a confirmation and tomorrows USA mid term elections
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades .