ADA probably found a new bottom

4 Kas 2019

TradingView doesn't let me explain my point of view because they think i'm not talking english ...

4 Kas 2019

Not

Cardano Daily Chart looks like a bottom. I am expecting a retracement to at least 858 sats. I am going to ladder some long order to 400 sats and wait for a break-out of the Descending Triangle to add more into my position.

11 Kas 2019

Not

ADA is moving nicely to its resistance trendline. Following our idea, if the daily candle closes above the trendline, I will open a long position with a stop-loss below this trendline.

However, if ADA gets rejected here, I would likely open a short position with a tight stoploss, targeting the 400 sats area.

[img][/img]

14 Kas 2019

İşlem aktif

ADA has been the most quiet coin to break out but it finally did.
It is currently testing back the broken triangle

Safe long here

15 Kas 2019

İşlem aktif

First Target reached for ADA

18 Kas 2019

İşlem aktif

2nd Target reached for ADA