ADA has made a deep correction. Currently the 200 MA is acting here as support. We see a nice bullish divergence on the daily chart and the 4h chart.
Buy zone: 1180 - 1200
Target 1: 1500 Target 2: 1700
Stop loss: 1110
Give me a like if you want to see more of these setups
Trade active
Btc is leading the game. We have already witnessed a short squeeze and now a long is happening. Alts will bleed. Once BTC stabilize I do expect that ADA will make a good move..
Trade closed: stop reached
This is why we always use stop loss! To minimize risk! Next time better.
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.