ADA/BTC has found a new support, good buy opportunity
The price recently broke downwards from the major previous support levels.
However, there are good signs to think that a trend reversal is taking place. Buyers stepped in at around 0.00003500 with quite a bit of volume, creating a new support at this lower level. The MACD is also giving us a bullish signal.
I have placed the buy zone between the pevious and the new support, with the sell targets at different resistance points.
Buy below. 0.00004500
Take profits
@ 0.00005134
@ 0.00006062
Stop if new support is broken @ 0.00003500
Follow us on telegram (t.me/cryptowhaletrading) and twitter @crypto_spain
However, there are good signs to think that a trend reversal is taking place. Buyers stepped in at around 0.00003500 with quite a bit of volume, creating a new support at this lower level. The MACD is also giving us a bullish signal.
I have placed the buy zone between the pevious and the new support, with the sell targets at different resistance points.
Buy below. 0.00004500
Take profits
@ 0.00005134
@ 0.00006062
Stop if new support is broken @ 0.00003500
Follow us on telegram (t.me/cryptowhaletrading) and twitter @crypto_spain
Note
Trade Active:The price reached the first target.
The volume of buyers also spìked soon after the idea. Let's see if the push upwards leads us to the second target
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.