Below $0.30, aggressive buyers did not let lower the ADA price, keeping it within the channel.
The price is now moving up, refreshing the recent high of $0.40.
Now, the price is moving to the upper limit of the channel in the zone of $0.47-0.48. And there it is worth thinking about whether it is worth continuing to keep the ADAUSDT long or it is better to take profit. Or maybe just put a short stop so as not to give the deserved profit to the market?)
After all, further the scenario with the ADAUSD price fall to the lower limit of the channel $0.34 may start. Though, the real protection and aggressive buying were carried out in the liquidity zone of $0.23-0.28. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Thanks for sharing your perspective. ADA is in a buy the rumor sell the news phase. question is when to sell the news. lets see if it can use 61.8FIb as a launching pad to go higher before its time to sell the news: