ADA/USDT Long Trade
We could potentially see a run to previous highs / ATH for ADA.
RSI has kicked up, Stochastic is still yet to follow.
We've had a nice bounce off support with a hammer, plus bullish engulfing.
Followed by bullish news of over 100 companies swapping from the ETH chain over to ADA.
Not to much resistance around this level to blow through before surpassing the highs.
RSI has kicked up, Stochastic is still yet to follow.
We've had a nice bounce off support with a hammer, plus bullish engulfing.
Followed by bullish news of over 100 companies swapping from the ETH chain over to ADA.
Not to much resistance around this level to blow through before surpassing the highs.
Trade active
Also forming a doji on the Daily and Weekly time frames, potentially showing a reversal of the most recent downtrend.Trade closed: target reached
Amazing trade, 25% profit overall in a very short time frame. I've completely exited this trade now.Trade closed: target reached
Well done if you caught this and stayed in, has done 40% since, and coming up to ATH.
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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.