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kzburger

ADA USDT Long - Almost on the Support Level

Long
Cardano / TetherUS PERPETUAL CONTRACT (BINANCE:ADAUSDT.P)  
kzburger Updated   
BINANCE:ADAUSDT.P   Cardano / TetherUS PERPETUAL CONTRACT
Trend Analysis Support and Resistance Supply and Demand ADA ADAUSDT ADAUSDTPERP adausdtlong
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trendanalysis supportandresistance supplyanddemand ada adausdt adausdtperp adausdtlong
ADA has been bouncing for weeks on this support level. Now that we had a break of structure on the rising channel yesterday, a good bounce on the support level is high possibility. When the long trade is looking good, we can TP 50% on the first green line and then just put 4% trailing stop for the other 50%.

If support is lost, wait for retracement and expect ADA to go .4 again.

Always make sure to put a stop loss. Happy Trading.
Trade closed: stop reached
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