ADA has been range bound since the LTC/Coinbase spike, and has finally broken out of its range. I put a buy in on 12/28 @ 10:00 CST at .0002929 based on the MACD rising crossover at the bottom of it's channel, and the increased buy volume near a high, usually a sign of a breakout attempt.
It has sold off a bit since the high, but is still above the old resistance of .00003205. I am accumulating ADA so I do not have a target price at the moment. Stop loss as, always, is breakeven on my overall average price.
I was gone a lot of NYE and not able to monitor, but this puppy took off. I ended up selling in the 8k range. Nice trade. Not looking to buy back into this one yet.
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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.