It seems that ADA/BTC has finally reached a bottom.
From the chart we can see a clear reversal trend indicated by the 'hammer' candle.
By applying Fibonacci extensions, the targets for this trade are:
1) 2563 Sats
2) 2958 Sats
3) 3280 Sats
4) 3994 Sats
5) 4543 Sats
This is just my opinion and not a trading advise.
From the chart we can see a clear reversal trend indicated by the 'hammer' candle.
By applying Fibonacci extensions, the targets for this trade are:
1) 2563 Sats
2) 2958 Sats
3) 3280 Sats
4) 3994 Sats
5) 4543 Sats
This is just my opinion and not a trading advise.
Note
[img]Bullish pennant forming in the daily chart
Note
1) 2563 Sats (Target Reached 18/07/2018)2) 2958 Sats
3) 3280 Sats
4) 3994 Sats
5) 4543 Sats
Note
[img]Slight pull back to 0.382 Fib (2351 Sats) before we move on to second target.
Note
Correction until 28th July Upward movement projetected to continue after that.
Broadening ascending wedge
[img]https://preview.ibb.co/hKO3UT/adabtc.png[/img]
Trade closed manually
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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.