Cardano / Bitcoin
Long
Updated

ADA/BTC Bull flag

ADA was trading in an ascending triangle for almost a month up to the 18th April.

500 sats is a key price point for Ada. It broke through resistance level, but on weak volume initially.

Following this we saw two nice bull flag trades

New target is 650 Sats in the 3rd flag

Trade closed: target reached
Starting to see Bearish Divergence between MACD and price

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