ADAUSDADA is showing very good bullish signs with the drop of bitcoin at the moment. Buyers are holding the support hard and mostly are coming from bitcoin itself.The price will either breakout or make another run in the flag first. It probable that it will test the new support if it breaks so keep your stop losses lower and raise when it raises. if reversal and loss of momentum upon rise, maybe not a good deal. better to enter a bit late but not with too many candles already.
TP: 0.44, keep some for higher ATH or wait at the newly formed neck.
ADAUSDTrade closed: target reached
target reached and more.
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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.