ADA Entry before next move up. ADA has retraced nicely to give us an opportunity for the next leg up on its way to ATH. 0.95c has a golden pocket, R2, and VAL confluence and I'm taking a position here.
Note
I have buys at 0.92 as well in case we decide to do a liquidity grab and it's also the 1.27 of current local fib.
Trade active
Looks like we found a nice bounce entry. Moving to break even soon and adding to this position as we move up past $1.
Trade closed: target reached
Target 1 reached. Added to position. Careful at 1.06. There is a golden pocket, daily, pivot, and POC confluence. We'll get a rejection here for sure so take profits before. After rejection, we'll see if we can find another long entry.
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.