ADABTC - Phase 2 - 80% Potential Mapped
Updated
Keep an eye out on how the wedge unfolds.
This is not financial advice. Use risk management accordingly. Remember that BTC per some indicators are in a significantly overbought region. Seeing a pullback from this point is more than likely. In the event of any BTC pullback, ALT's would suffer more.
This is not financial advice. Use risk management accordingly. Remember that BTC per some indicators are in a significantly overbought region. Seeing a pullback from this point is more than likely. In the event of any BTC pullback, ALT's would suffer more.
Trade active
We have nearly reached out target. Congrats on 80% PNL to everyone who followed me and took action on this idea.Note
ADAETH ValuationWe have broken out of a significant triangle consolidation range. We might challenge ETH again.
Note
See that our red band is historical resistance. However, the indicators imply that ADAETH pair has adequate bullish momentum. Considering both Pheonix indicator and the broken triangle structure. We might argue that we are in for another ADA run.Congrats to everyone who took action on the 5h of May.
Note
For those who missed it, here's an update from the trade since 5th of May (when the idea was shared)
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