ADA Short Idea
Support turned resistance. Looking to reach previous daily support / resistance levels.
Trade active
Continued down today. Price sitting on the lows on March. Lots of other alts have broken previous lows from 2018.Note
First target area hit and breached. Became resistance on retest. Taken some profit here and waiting to move towards final target.Trade closed: stop reached
Stopped out on swing up on alt relief rally. Too far away to look to re-enter here at the swing high is 7% away. Will keep an eye on it.Note
20% move. Cannot complain.
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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.