ADA USDT Long - Almost on the Support Level
ADA has been bouncing for weeks on this support level. Now that we had a break of structure on the rising channel yesterday, a good bounce on the support level is high possibility. When the long trade is looking good, we can TP 50% on the first green line and then just put 4% trailing stop for the other 50%.
If support is lost, wait for retracement and expect ADA to go .4 again.
Always make sure to put a stop loss. Happy Trading.
If support is lost, wait for retracement and expect ADA to go .4 again.
Always make sure to put a stop loss. Happy Trading.
Trade closed: stop reached
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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.